Richard Bernstein Advisors LLC Invests $1.22 Million in Check Point Software Technologies Ltd. $CHKP

Richard Bernstein Advisors LLC acquired a new position in Check Point Software Technologies Ltd. (NASDAQ:CHKP) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 6,573 shares of the technology company’s stock, valued at approximately $1,220,000.

Several other institutional investors have also recently made changes to their positions in the stock. HUB Investment Partners LLC raised its stake in shares of Check Point Software Technologies by 1.5% in the third quarter. HUB Investment Partners LLC now owns 3,558 shares of the technology company’s stock worth $736,000 after buying an additional 53 shares during the period. Modern Wealth Management LLC raised its stake in shares of Check Point Software Technologies by 3.6% in the third quarter. Modern Wealth Management LLC now owns 1,513 shares of the technology company’s stock worth $313,000 after buying an additional 53 shares during the period. Philip James Wealth Mangement LLC raised its stake in shares of Check Point Software Technologies by 1.1% in the third quarter. Philip James Wealth Mangement LLC now owns 4,780 shares of the technology company’s stock worth $989,000 after buying an additional 54 shares during the period. Horizon Investments LLC raised its stake in shares of Check Point Software Technologies by 28.9% in the third quarter. Horizon Investments LLC now owns 241 shares of the technology company’s stock worth $50,000 after buying an additional 54 shares during the period. Finally, Pinnacle West Asset Management Inc. raised its stake in shares of Check Point Software Technologies by 4.6% in the third quarter. Pinnacle West Asset Management Inc. now owns 1,255 shares of the technology company’s stock worth $260,000 after buying an additional 55 shares during the period. Institutional investors own 98.51% of the company’s stock.

Wall Street Analysts Forecast Growth

CHKP has been the topic of several recent research reports. Stephens reaffirmed an “overweight” rating and issued a $145.00 price objective on shares of Check Point Software Technologies in a research note on Thursday, April 30th. Truist Financial set a $150.00 target price on Check Point Software Technologies in a research note on Thursday, April 30th. Susquehanna decreased their target price on Check Point Software Technologies from $255.00 to $140.00 and set a “positive” rating on the stock in a research note on Friday, May 1st. Morgan Stanley set a $133.00 target price on Check Point Software Technologies in a research note on Friday, May 1st. Finally, Bank of America downgraded Check Point Software Technologies from a “buy” rating to a “neutral” rating and set a $120.00 target price on the stock. in a research note on Monday. Eight analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $146.50.

Check Point Software Technologies Stock Up 1.1%

Shares of CHKP opened at $115.56 on Friday. The business’s 50 day moving average is $144.56 and its 200 day moving average is $171.50. The company has a market capitalization of $12.20 billion, a PE ratio of 11.86, a price-to-earnings-growth ratio of 3.36 and a beta of 0.43. Check Point Software Technologies Ltd. has a 12-month low of $112.23 and a 12-month high of $233.78. The company has a current ratio of 1.85, a quick ratio of 2.05 and a debt-to-equity ratio of 0.70.

Check Point Software Technologies (NASDAQ:CHKP) last released its quarterly earnings results on Thursday, April 30th. The technology company reported $2.50 earnings per share for the quarter, beating the consensus estimate of $2.42 by $0.08. The business had revenue of $668.40 million during the quarter, compared to analysts’ expectations of $672.55 million. Check Point Software Technologies had a return on equity of 38.79% and a net margin of 38.37%.The firm’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same quarter last year, the business posted $2.21 EPS. Check Point Software Technologies has set its FY 2026 guidance at 10.050-10.850 EPS and its Q2 2026 guidance at 2.400-2.500 EPS. Research analysts expect that Check Point Software Technologies Ltd. will post 8.49 earnings per share for the current fiscal year.

Check Point Software Technologies Profile

Check Point Software Technologies Ltd. is an Israeli-founded cybersecurity company that develops, markets and supports a broad portfolio of network, cloud and endpoint security products. Founded in 1993, the company was an early pioneer of stateful inspection firewall technology and later developed a modular “software blade” approach that allowed customers to combine protection capabilities. Check Point’s product set spans physical and virtual security appliances, software and cloud-native services designed to prevent cyberattacks, protect data and simplify security management for enterprises and service providers.

Key product families include Quantum Security Gateways (on-premises and hybrid appliances), CloudGuard (cloud security posture and workload protection), Harmony (endpoint, remote access and unified endpoint security), and SandBlast (advanced threat prevention and sandboxing).