Roberts Glore & Co. Inc. IL Makes New $962,000 Investment in Palo Alto Networks, Inc. $PANW

Roberts Glore & Co. Inc. IL bought a new position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 2,821 shares of the network technology company’s stock, valued at approximately $962,000.

Several other institutional investors and hedge funds have also made changes to their positions in PANW. Solstein Capital LLC purchased a new stake in Palo Alto Networks in the second quarter valued at approximately $26,000. N.E.W. Advisory Services LLC acquired a new stake in shares of Palo Alto Networks in the second quarter valued at approximately $27,000. Delos Wealth Advisors LLC purchased a new position in shares of Palo Alto Networks during the second quarter worth approximately $28,000. Comprehensive Financial Planning Inc. PA purchased a new position in shares of Palo Alto Networks during the second quarter worth approximately $36,000. Finally, Kilter Group LLC acquired a new position in shares of Palo Alto Networks in the 2nd quarter valued at $39,000. 79.82% of the stock is owned by hedge funds and other institutional investors.

Palo Alto Networks Price Performance

Shares of NASDAQ PANW opened at $339.90 on Wednesday. The stock has a fifty day moving average price of $339.90 and a 200 day moving average price of $244.71. Palo Alto Networks, Inc. has a 1-year low of $139.57 and a 1-year high of $398.88. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.86 and a quick ratio of 0.86. The company has a market cap of $277.02 billion, a PE ratio of 278.61, a P/E/G ratio of 11.76 and a beta of 0.91.

Palo Alto Networks (NASDAQ:PANW) last announced its quarterly earnings data 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 company had revenue of $3 billion for the quarter, compared to analysts’ expectations of $2.94 billion. Palo Alto Networks had a net margin of 7.95% and a return on equity of 10.53%. Palo Alto Networks’s revenue was up 31.1% compared to the same quarter last year. During the same period in the previous 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. Sell-side analysts forecast that Palo Alto Networks, Inc. will post 2.02 EPS for the current year.

Key Stories Impacting Palo Alto Networks

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

• Positive Sentiment: Analysts raised price targets. JPMorgan increased its target from $326 to $384 and maintained an “overweight” rating, while Benchmark raised its target from $340 to $400 and reiterated a “buy” rating. These revisions reflect continued confidence in Palo Alto Networks’ growth prospects. JPMorgan price target article Benchmark price target article
• Positive Sentiment: Cybersecurity demand remains a long-term growth driver. Strong firewall bookings, expanding software revenue and increasing AI-related network traffic are supporting the company’s Network Security outlook. Can Rising Network Security Demand Boost PANW’s Long-Term Growth?
• Neutral Sentiment: Earnings are the next major catalyst. Palo Alto Networks was expected to report quarterly results on Tuesday. Investors will focus on billings, recurring software and platform growth, profitability and forward guidance to determine whether the company’s elevated valuation is justified. Palo Alto Networks Expected to Post Earnings on Tuesday
• Negative Sentiment: Valuation and profit-taking may be weighing on the stock. Despite favorable analyst commentary, PANW trades at a very high reported P/E ratio of about 279 and has risen sharply over the past year. The decline while the market gained indicates investors may be locking in profits or demanding stronger near-term results before bidding shares higher. Palo Alto Networks Stock Sinks As Market Gains

Analyst Upgrades and Downgrades

Several research firms recently commented on PANW. Barclays reiterated an “overweight” rating and issued a $370.00 price target (up from $315.00) on shares of Palo Alto Networks in a research report on Wednesday, August 5th. Weiss Ratings downgraded shares of Palo Alto Networks from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, June 4th. BNP Paribas Exane lifted their price objective on shares of Palo Alto Networks from $330.00 to $380.00 and gave the company an “outperform” rating in a research note on Wednesday, July 1st. Deutsche Bank Aktiengesellschaft upped their target price on shares of Palo Alto Networks from $220.00 to $350.00 and gave the company a “buy” rating in a report on Wednesday, June 3rd. Finally, Susquehanna reiterated a “positive” rating and set a $350.00 target price (up from $200.00) on shares of Palo Alto Networks in a research note on Wednesday, June 3rd. One 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 assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $365.87.

Insiders Place Their Bets

In related news, Director James J. Goetz sold 20,000 shares of the stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $279.90, for a total transaction of $5,598,000.00. Following the completion of the transaction, the director directly owned 20,000 shares of the company’s stock, valued at $5,598,000. This represents a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Aparna Bawa sold 290 shares of the firm’s stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $348.74, for a total transaction of $101,134.60. Following the completion of the sale, the director owned 6,437 shares of the company’s stock, valued at approximately $2,244,839.38. The trade was a 4.31% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 37,935 shares of company stock valued at $10,809,461. Corporate insiders own 1.40% of the company’s stock.

Palo Alto Networks 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.