McDonough Capital Management Inc Acquires New Position in Palo Alto Networks, Inc. $PANW

McDonough Capital Management Inc bought a new position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 5,523 shares of the network technology company’s stock, valued at approximately $1,883,000. Palo Alto Networks accounts for 0.9% of McDonough Capital Management Inc’s portfolio, making the stock its 21st largest holding.

Several other institutional investors and hedge funds also recently made changes to their positions in PANW. Janney Montgomery Scott LLC boosted its position in shares of Palo Alto Networks by 15.0% during the first quarter. Janney Montgomery Scott LLC now owns 410,401 shares of the network technology company’s stock worth $65,796,000 after purchasing an additional 53,485 shares in the last quarter. Aviva PLC increased its position in shares of Palo Alto Networks by 5.4% in the 4th quarter. Aviva PLC now owns 568,804 shares of the network technology company’s stock valued at $104,774,000 after buying an additional 29,230 shares in the last quarter. B&D White Capital Company LLC acquired a new stake in Palo Alto Networks during the 1st quarter worth $353,000. Bridgewater Advisors Inc. acquired a new stake in Palo Alto Networks during the 2nd quarter worth $2,159,000. Finally, Granite Islands Private Wealth LLC lifted its holdings in Palo Alto Networks by 43.6% during the first quarter. Granite Islands Private Wealth LLC now owns 15,342 shares of the network technology company’s stock worth $2,453,000 after acquiring an additional 4,659 shares in the last quarter. Institutional investors own 79.82% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on PANW. Evercore reissued an “outperform” rating and issued a $415.00 target price on shares of Palo Alto Networks in a research note on Wednesday, July 8th. Deutsche Bank Aktiengesellschaft lifted their price objective on Palo Alto Networks from $220.00 to $350.00 and gave the company a “buy” rating in a report on Wednesday, June 3rd. Stifel Nicolaus set a $415.00 price objective on Palo Alto Networks and gave the company a “buy” rating in a research report on Wednesday, August 19th. Sanford C. Bernstein increased their target price on Palo Alto Networks from $209.00 to $253.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 3rd. Finally, William Blair restated an “outperform” rating on shares of Palo Alto Networks in a report on Tuesday, June 16th. One research analyst has rated the stock with a Strong Buy rating, forty have given a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Palo Alto Networks presently has an average rating of “Moderate Buy” and an average price target of $364.00.

Insider Transactions at Palo Alto Networks

In other Palo Alto Networks news, EVP Dipak Golechha sold 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 23rd. The stock was sold at an average price of $289.56, for a total transaction of $1,447,800.00. Following the completion of the transaction, the executive vice president owned 145,250 shares of the company’s stock, valued at $42,058,590. This represents a 3.33% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director James J. Goetz sold 20,000 shares of the company’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $279.90, for a total value of $5,598,000.00. Following the transaction, the director directly owned 20,000 shares of the company’s stock, valued at approximately $5,598,000. This trade represents a 50.00% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 37,935 shares of company stock worth $10,809,461. Corporate insiders own 1.40% of the company’s stock.

Palo Alto Networks Stock Performance

PANW opened at $350.90 on Tuesday. The business’s 50-day moving average price is $338.70 and its two-hundred day moving average price is $243.49. Palo Alto Networks, Inc. has a 1 year low of $139.57 and a 1 year high of $398.88. The company has a market capitalization of $285.98 billion, a price-to-earnings ratio of 287.62, a P/E/G ratio of 12.00 and a beta of 0.91. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.86 and a quick ratio of 0.86.

Palo Alto Networks (NASDAQ:PANW) last posted its quarterly earnings data on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share for the quarter, topping the consensus estimate of $0.79 by $0.06. The company had revenue of $3 billion during the quarter, compared to analysts’ expectations of $2.94 billion. Palo Alto Networks had a return on equity of 10.53% and a net margin of 7.95%.Palo Alto Networks’s revenue for the quarter was up 31.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.37 earnings per share. 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. Equities analysts expect that Palo Alto Networks, Inc. will post 2.02 EPS for the current fiscal year.

Palo Alto Networks Company Profile

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.