Check Point Software Technologies Ltd. $CHKP Shares Purchased by Meyer Handelman Co.

Meyer Handelman Co. grew its position in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 15.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 60,382 shares of the technology company’s stock after buying an additional 8,091 shares during the period. Meyer Handelman Co. owned about 0.05% of Check Point Software Technologies worth $11,204,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. Measured Wealth Private Client Group LLC bought a new position in Check Point Software Technologies during the third quarter worth $27,000. Louisbourg Investments Inc. acquired a new position in Check Point Software Technologies in the third quarter worth $29,000. Ossiam increased its stake in 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. Hilltop National Bank bought a new stake in Check Point Software Technologies during the fourth quarter valued at $36,000. Finally, First Horizon Corp acquired a new stake in shares of Check Point Software Technologies during the third quarter worth $38,000. 98.51% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on CHKP shares. KeyCorp upgraded shares of Check Point Software Technologies to a “hold” rating in a research report on Monday, January 12th. Royal Bank Of Canada dropped their price objective on shares of Check Point Software Technologies from $215.00 to $195.00 and set a “sector perform” rating on the stock in a research note on Monday, January 5th. Stephens cut their target price on shares of Check Point Software Technologies from $240.00 to $210.00 and set an “overweight” rating on the stock in a report on Friday, February 13th. UBS Group set a $200.00 target price on Check Point Software Technologies in a research note on Thursday, February 12th. Finally, Robert W. Baird set a $220.00 target price on Check Point Software Technologies in a report on Friday, February 13th. Eight research analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $208.26.

Check Point Software Technologies Stock Up 1.2%

Check Point Software Technologies stock opened at $142.85 on Wednesday. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.19 and a current ratio of 2.05. Check Point Software Technologies Ltd. has a one year low of $135.82 and a one year high of $233.78. The company has a 50-day simple moving average of $162.86 and a 200-day simple moving average of $182.52. The firm has a market capitalization of $15.71 billion, a P/E ratio of 14.82, a P/E/G ratio of 3.13 and a beta of 0.63.

Check Point Software Technologies (NASDAQ:CHKP) last issued its quarterly earnings data on Thursday, February 12th. The technology company reported $3.40 earnings per share for the quarter, beating the consensus estimate of $2.77 by $0.63. The firm had revenue of $744.90 million for the quarter, compared to the consensus estimate of $746.40 million. Check Point Software Technologies had a net margin of 38.78% and a return on equity of 38.98%. Check Point Software Technologies’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same period last year, the firm posted $2.70 EPS. Check Point Software Technologies has set its Q1 2026 guidance at 2.350-2.450 EPS and its FY 2026 guidance at 10.050-10.850 EPS. As a group, equities analysts expect that Check Point Software Technologies Ltd. will post 8.61 earnings per share for the current 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).