TIAA Trust National Association Decreases Stock Position in Palo Alto Networks, Inc. $PANW

TIAA Trust National Association lessened its stake in Palo Alto Networks, Inc. (NASDAQ:PANW) by 5.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 37,204 shares of the network technology company’s stock after selling 2,155 shares during the quarter. TIAA Trust National Association’s holdings in Palo Alto Networks were worth $6,853,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Darwin Wealth Management LLC purchased a new position in Palo Alto Networks in the 2nd quarter worth approximately $25,000. Steph & Co. boosted its holdings in Palo Alto Networks by 88.2% in the 4th quarter. Steph & Co. now owns 143 shares of the network technology company’s stock worth $26,000 after acquiring an additional 67 shares during the period. Knuff & Co LLC purchased a new position in Palo Alto Networks in the 4th quarter worth approximately $26,000. Sittner & Nelson LLC boosted its holdings in Palo Alto Networks by 73.8% in the 4th quarter. Sittner & Nelson LLC now owns 146 shares of the network technology company’s stock worth $27,000 after acquiring an additional 62 shares during the period. Finally, Luken Investment Analytics LLC boosted its holdings in Palo Alto Networks by 196.2% in the 4th quarter. Luken Investment Analytics LLC now owns 154 shares of the network technology company’s stock worth $28,000 after acquiring an additional 102 shares during the period. Hedge funds and other institutional investors own 79.82% of the company’s stock.

Palo Alto Networks Stock Performance

PANW stock opened at $260.52 on Wednesday. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.04. The firm has a market cap of $212.32 billion, a P/E ratio of 213.54, a P/E/G ratio of 9.45 and a beta of 0.94. Palo Alto Networks, Inc. has a 12-month low of $139.57 and a 12-month high of $302.95. The stock’s 50 day simple moving average is $209.50 and its 200 day simple moving average is $187.35.

Palo Alto Networks (NASDAQ:PANW) last posted its quarterly earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.06. The business had revenue of $3 billion for the quarter, compared to analyst estimates of $2.94 billion. Palo Alto Networks had a return on equity of 10.53% and a net margin of 7.95%.The business’s revenue was up 31.1% compared to the same quarter last year. During the same period in the prior year, the company posted $0.37 EPS. Palo Alto Networks has set its FY 2026 guidance at 3.770-3.790 EPS and its Q4 2026 guidance at 0.960-0.980 EPS. As a group, equities research analysts predict that Palo Alto Networks, Inc. will post 2.12 EPS for the current year.

Insider Buying and Selling at Palo Alto Networks

In other news, CEO Nikesh Arora purchased 68,085 shares of the company’s stock in a transaction that occurred on Friday, March 27th. The shares were acquired at an average cost of $146.87 per share, with a total value of $9,999,643.95. Following the transaction, the chief executive officer owned 343,394 shares in the company, valued at approximately $50,434,276.78. The trade was a 24.73% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Lee Klarich sold 62,904 shares of the firm’s stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $258.65, for a total value of $16,270,119.60. Following the completion of the sale, the executive vice president owned 235,983 shares in the company, valued at $61,037,002.95. The trade was a 21.05% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 72,076 shares of company stock worth $17,930,587. 1.40% of the stock is owned by insiders.

Palo Alto Networks News Summary

Here are the key news stories impacting Palo Alto Networks this week:

• Positive Sentiment: Scotiabank nudged up its FY2027 EPS estimate to $2.11 from $2.10 and kept a Sector Outperform rating with a $320 price target, signaling continued confidence in PANW’s long-term earnings power.
• Positive Sentiment: Analysts continue to view PANW as a major beneficiary of cybersecurity demand, with recent commentary highlighting AI-driven security needs and strong industry momentum that could support future growth.
• Neutral Sentiment: Northland Securities reiterated a Market Perform rating and $302 price target while updating multiple forward EPS estimates, reflecting a steady but cautious stance on Palo Alto Networks’ outlook.
• Neutral Sentiment: Recent market commentary noted that Palo Alto Networks has reached a roughly $10 billion revenue run rate and has outperformed the broader market across several time frames, reinforcing its status as a leading cybersecurity franchise.
• Negative Sentiment: Northland cut FY2026 EPS estimates to $1.97 from $2.07 and FY2027 EPS estimates to $1.77 from $2.20, which can weigh on sentiment by suggesting slower profitability growth than previously expected.
• Negative Sentiment: Scotiabank also lowered FY2026 EPS estimates to $2.02 from $2.14, adding to concerns that near-term earnings may be softer than investors had hoped after the company’s recent results.

Wall Street Analyst Weigh In

A number of research firms have weighed in on PANW. Cantor Fitzgerald set a $340.00 price target on Palo Alto Networks and gave the stock an “overweight” rating in a report on Wednesday, June 3rd. Truist Financial upped their price target on Palo Alto Networks from $275.00 to $375.00 and gave the stock a “buy” rating in a report on Wednesday, June 3rd. BNP Paribas Exane upped their price target on Palo Alto Networks from $220.00 to $330.00 and gave the stock an “outperform” rating in a report on Wednesday, June 3rd. Deutsche Bank Aktiengesellschaft upped their price target on Palo Alto Networks from $220.00 to $350.00 and gave the stock a “buy” rating in a report on Wednesday, June 3rd. Finally, Capital One Financial upped their target price on Palo Alto Networks from $168.00 to $248.00 and gave the company an “equal weight” rating in a research report on Tuesday, May 19th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $306.59.

About Palo Alto Networks

Palo Alto Networks (NASDAQ: PANW) is a cybersecurity company founded in 2005 and headquartered in Santa Clara, California. The firm develops a broad suite of security products and services designed to prevent successful cyberattacks and protect enterprise networks, clouds, and endpoints. Built around a platform strategy, its offerings target threat prevention, detection, response and governance across hybrid and multi-cloud environments.

The company’s product portfolio includes next?generation firewalls as a core on?premises capability, alongside cloud?delivered security services and software for securing public and private clouds.