Check Point Software Technologies Ltd. $CHKP Holdings Lifted by Truist Financial Corp

Truist Financial Corp grew its stake in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 18.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 51,536 shares of the technology company’s stock after purchasing an additional 8,053 shares during the period. Truist Financial Corp’s holdings in Check Point Software Technologies were worth $9,563,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Measured Wealth Private Client Group LLC purchased a new stake in shares of Check Point Software Technologies during the third quarter valued at $27,000. Ossiam lifted its holdings in shares of Check Point Software Technologies by 139.1% during the third quarter. Ossiam now owns 165 shares of the technology company’s stock valued at $34,000 after purchasing an additional 96 shares during the last quarter. First Horizon Corp purchased a new stake in shares of Check Point Software Technologies during the third quarter valued at $38,000. Sunbelt Securities Inc. purchased a new stake in shares of Check Point Software Technologies during the third quarter valued at $38,000. Finally, Hilltop National Bank purchased a new stake in shares of Check Point Software Technologies during the fourth quarter valued at $36,000. 98.51% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

CHKP has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $180.00 target price on shares of Check Point Software Technologies in a report on Friday, February 13th. Jefferies Financial Group reissued a “buy” rating and issued a $160.00 price objective on shares of Check Point Software Technologies in a research note on Friday, May 1st. Compass Point set a $120.00 price objective on Check Point Software Technologies in a research note on Monday. Mizuho set a $135.00 price objective on Check Point Software Technologies in a research note on Friday, May 1st. Finally, Susquehanna reduced their price objective on Check Point Software Technologies from $255.00 to $140.00 and set a “positive” rating for the company in a research note on Friday, May 1st. Eight analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $146.50.

Check Point Software Technologies Stock Performance

Shares of NASDAQ CHKP opened at $114.93 on Friday. The company has a debt-to-equity ratio of 0.70, a quick ratio of 2.05 and a current ratio of 1.85. The firm has a market cap of $12.14 billion, a price-to-earnings ratio of 11.80, a P/E/G ratio of 3.40 and a beta of 0.43. The business’s 50-day simple moving average is $144.56 and its 200-day simple moving average is $171.50. Check Point Software Technologies Ltd. has a 52 week low of $112.23 and a 52 week high of $233.78.

Check Point Software Technologies (NASDAQ:CHKP) last issued its quarterly earnings data on Thursday, April 30th. The technology company reported $2.50 EPS for the quarter, beating analysts’ consensus estimates of $2.42 by $0.08. The business had revenue of $668.40 million for the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same quarter in the prior year, the firm 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. As a group, equities 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 Company 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).