M&T Bank Corp Grows Position in Check Point Software Technologies Ltd. $CHKP

M&T Bank Corp raised its position in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 1,907.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 82,271 shares of the technology company’s stock after purchasing an additional 78,173 shares during the quarter. M&T Bank Corp’s holdings in Check Point Software Technologies were worth $15,266,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Penserra Capital Management LLC grew its stake in Check Point Software Technologies by 14.1% during the 3rd quarter. Penserra Capital Management LLC now owns 468,954 shares of the technology company’s stock valued at $97,030,000 after purchasing an additional 57,817 shares during the last quarter. Davis Capital Management purchased a new stake in Check Point Software Technologies during the 3rd quarter valued at about $1,276,000. Ninety One UK Ltd grew its stake in Check Point Software Technologies by 0.3% during the 3rd quarter. Ninety One UK Ltd now owns 2,601,592 shares of the technology company’s stock valued at $538,295,000 after purchasing an additional 8,814 shares during the last quarter. Nordea Investment Management AB grew its stake in Check Point Software Technologies by 3.3% during the 4th quarter. Nordea Investment Management AB now owns 1,106,298 shares of the technology company’s stock valued at $205,827,000 after purchasing an additional 35,448 shares during the last quarter. Finally, M&G PLC grew its stake in Check Point Software Technologies by 48.8% during the 3rd quarter. M&G PLC now owns 119,834 shares of the technology company’s stock valued at $24,806,000 after purchasing an additional 39,292 shares during the last quarter. Hedge funds and other institutional investors own 98.51% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on CHKP shares. 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 report on Monday, January 5th. Argus raised shares of Check Point Software Technologies to a “hold” rating in a report on Thursday, February 26th. Stephens dropped their price objective 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. TD Cowen reaffirmed a “buy” rating on shares of Check Point Software Technologies in a report on Thursday, February 19th. Finally, Evercore set a $185.00 price objective on shares of Check Point Software Technologies in a report on Friday, February 13th. Seven analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $201.59.

Check Point Software Technologies Stock Down 5.5%

Shares of CHKP opened at $133.82 on Friday. Check Point Software Technologies Ltd. has a 52 week low of $130.93 and a 52 week high of $233.78. The company has a quick ratio of 2.05, a current ratio of 2.05 and a debt-to-equity ratio of 0.68. The company has a market capitalization of $14.13 billion, a price-to-earnings ratio of 13.88, a PEG ratio of 3.13 and a beta of 0.65. The stock’s 50-day moving average price is $150.28 and its 200-day moving average price is $175.66.

Check Point Software Technologies (NASDAQ:CHKP) last announced its quarterly earnings results on Thursday, February 12th. The technology company reported $3.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.77 by $0.63. Check Point Software Technologies had a net margin of 38.78% and a return on equity of 38.98%. The firm had revenue of $744.90 million for the quarter, compared to the consensus estimate of $746.40 million. During the same period in the prior year, the firm posted $2.70 earnings per share. The firm’s quarterly revenue was up 5.9% compared to the same quarter last year. 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. On average, sell-side analysts predict that Check Point Software Technologies Ltd. will post 8.58 EPS for the current year.

About Check Point Software Technologies

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).