Dillon & Associates Inc. Has $23.29 Million Holdings in Palo Alto Networks, Inc. $PANW

Posted by ABMN Staff on Jan 16th, 2026

Dillon & Associates Inc. grew its stake in Palo Alto Networks, Inc. (NASDAQ:PANW – Free Report) by 5.7% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 114,149 shares of the network technology company’s stock after purchasing an additional 6,159 shares during the period. Palo Alto Networks comprises approximately 3.0% of Dillon & Associates Inc.’s investment portfolio, making the stock its 7th largest position. Dillon & Associates Inc.’s holdings in Palo Alto Networks were worth $23,286,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Exchange Traded Concepts LLC grew its holdings in Palo Alto Networks by 29.4% during the 3rd quarter. Exchange Traded Concepts LLC now owns 32,155 shares of the network technology company’s stock worth $6,547,000 after acquiring an additional 7,301 shares during the last quarter. Silver Oak Securities Incorporated lifted its holdings in shares of Palo Alto Networks by 240.1% during the third quarter. Silver Oak Securities Incorporated now owns 11,732 shares of the network technology company’s stock worth $2,389,000 after purchasing an additional 8,282 shares during the period. GoalVest Advisory LLC grew its stake in shares of Palo Alto Networks by 1,248.9% in the third quarter. GoalVest Advisory LLC now owns 10,899 shares of the network technology company’s stock worth $2,219,000 after purchasing an additional 10,091 shares during the last quarter. Schroder Investment Management Group increased its holdings in Palo Alto Networks by 7.9% in the second quarter. Schroder Investment Management Group now owns 2,234,551 shares of the network technology company’s stock valued at $457,279,000 after purchasing an additional 163,718 shares during the period. Finally, Richmond Investment Services LLC raised its position in Palo Alto Networks by 87.2% during the 2nd quarter. Richmond Investment Services LLC now owns 3,286 shares of the network technology company’s stock worth $672,000 after purchasing an additional 1,531 shares during the last quarter. 79.82% of the stock is currently owned by institutional investors and hedge funds.

Palo Alto Networks Stock Down 1.7%

Shares of NASDAQ PANW opened at $187.73 on Friday. The firm has a market cap of $130.85 billion, a PE ratio of 118.82, a P/E/G ratio of 4.55 and a beta of 0.76. The company’s fifty day simple moving average is $191.84 and its 200 day simple moving average is $195.80. Palo Alto Networks, Inc. has a 12-month low of $144.15 and a 12-month high of $223.61.

Palo Alto Networks (NASDAQ:PANW – Get Free Report) last announced its quarterly earnings data on Thursday, November 20th. The network technology company reported $0.93 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.04. The firm had revenue of $2.47 billion for the quarter, compared to analyst estimates of $2.46 billion. Palo Alto Networks had a net margin of 11.69% and a return on equity of 17.05%. The business’s quarterly revenue was up 15.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.56 earnings per share. On average, equities analysts predict that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current year.

Palo Alto Networks News Summary

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

Positive Sentiment: Analyst optimism: recent articles highlight Wall Street bullishness on PANW and discuss whether the stock is a buy, supporting positive sentiment around the name. Wall Street Bulls Look Optimistic About Palo Alto (PANW): Should You Buy?
Positive Sentiment: Pre-market strength: PANW was mentioned among names rising in premarket trade, a short-term technical/flow positive that can lift momentum. Bank of America, Honeywell and Palo Alto rise premarket; Wells Fargo falls
Neutral Sentiment: Earnings‑surprise scanner note: Zacks promoted its Earnings ESP tool as a way to find potential beats in the computer & technology sector — useful for investors but not specific proof PANW will surprise. These 2 Computer and Technology Stocks Could Beat Earnings
Neutral Sentiment: Competitive/sector development: CrowdStrike’s $740M SGNL acquisition highlights identity/security consolidation and product evolution in the endpoint/identity market — a strategic move that shifts competitive dynamics but is not an immediate PANW-specific earnings event. Investors should watch how PANW responds strategically. Why CrowdStrike’s SGNL Acquisition Matters for CRWD Stock
Negative Sentiment: KeyCorp lowered/issued quarterly EPS forecasts for 2027: analyst E. Heath provided Q1–Q4 2027 EPS estimates (Q1 $0.60, Q2 $0.61, Q3 $0.55, Q4 $0.73) implying full‑year pressure versus recent results; lower near‑term EPS expectations can weigh on shares if investors had higher growth assumptions. KeyCorp Q1–Q4 2027 EPS Estimates for Palo Alto Networks
Negative Sentiment: Insider selling: Lee Klarich, a senior executive, sold 120,768 PANW shares — a sale of this size can be interpreted negatively by the market even if it’s routine diversification. Lee Klarich Sells 120,768 Shares of Palo Alto Networks (NASDAQ:PANW) Stock

Analyst Ratings Changes

A number of equities research analysts have commented on the company. BMO Capital Markets upped their price target on Palo Alto Networks from $225.00 to $230.00 and gave the company an “outperform” rating in a research report on Monday, November 17th. Barclays upped their target price on Palo Alto Networks from $215.00 to $230.00 and gave the company an “overweight” rating in a report on Monday, November 10th. Jefferies Financial Group restated a “buy” rating and set a $250.00 price target (up previously from $235.00) on shares of Palo Alto Networks in a report on Tuesday, November 11th. Morgan Stanley restated an “overweight” rating and issued a $245.00 price target (up previously from $228.00) on shares of Palo Alto Networks in a research report on Thursday, December 18th. Finally, Cantor Fitzgerald reiterated an “overweight” rating on shares of Palo Alto Networks in a research report on Monday, November 24th. Thirty-one research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $229.09.

Get Our Latest Report on Palo Alto Networks

Insider Transactions at Palo Alto Networks

In related news, EVP Lee Klarich sold 120,774 shares of the stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $217.94, for a total value of $26,321,485.56. Following the transaction, the executive vice president directly owned 356,409 shares in the company, valued at $77,675,777.46. This trade represents a 25.31% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Dipak Golechha sold 5,000 shares of Palo Alto Networks stock in a transaction on Tuesday, December 23rd. The shares were sold at an average price of $188.18, for a total transaction of $940,900.00. Following the completion of the sale, the executive vice president directly owned 155,119 shares of the company’s stock, valued at approximately $29,190,293.42. The trade was a 3.12% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 382,016 shares of company stock valued at $76,386,460 in the last 90 days. Corporate insiders own 1.40% of the company’s stock.

Palo Alto Networks Company Profile

(Free Report)

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.