Bowen Hanes & Co. Inc. Decreases Stake in Palo Alto Networks, Inc. $PANW

Bowen Hanes & Co. Inc. lowered its position in Palo Alto Networks, Inc. (NASDAQ:PANW) by 0.4% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 505,656 shares of the network technology company’s stock after selling 1,875 shares during the quarter. Palo Alto Networks comprises 2.3% of Bowen Hanes & Co. Inc.’s investment portfolio, making the stock its 11th largest holding. Bowen Hanes & Co. Inc. owned approximately 0.07% of Palo Alto Networks worth $93,142,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the company. Marietta Investment Partners LLC purchased a new stake in Palo Alto Networks in the 4th quarter worth about $2,780,000. WCG Wealth Advisors LLC grew its holdings in Palo Alto Networks by 173.5% during the 4th quarter. WCG Wealth Advisors LLC now owns 33,816 shares of the network technology company’s stock valued at $6,229,000 after buying an additional 21,453 shares in the last quarter. Shepherd Street Advisors LLC purchased a new position in Palo Alto Networks during the 4th quarter valued at about $1,129,000. CIBC Asset Management Inc grew its holdings in Palo Alto Networks by 29.1% during the 4th quarter. CIBC Asset Management Inc now owns 364,357 shares of the network technology company’s stock valued at $67,115,000 after buying an additional 82,160 shares in the last quarter. Finally, Marble Wealth LLC purchased a new position in Palo Alto Networks during the 4th quarter valued at about $603,000. Hedge funds and other institutional investors own 79.82% of the company’s stock.

Palo Alto Networks Price Performance

Shares of PANW opened at $280.43 on Thursday. The firm has a market cap of $228.83 billion, a P/E ratio of 229.86, a P/E/G ratio of 10.71 and a beta of 0.94. The stock has a 50 day simple moving average of $200.21 and a two-hundred day simple moving average of $185.46. Palo Alto Networks, Inc. has a 1 year low of $139.57 and a 1 year high of $302.95.

Palo Alto Networks (NASDAQ:PANW) last issued its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.80 by $0.05. The business had revenue of $3 billion during the quarter, compared to analyst estimates of $2.94 billion. Palo Alto Networks had a return on equity of 16.34% and a net margin of 7.95%.Palo Alto Networks’s revenue for the quarter was up 31.1% on a year-over-year basis. During the same quarter 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. On average, equities analysts anticipate that Palo Alto Networks, Inc. will post 2.14 earnings per share for the current year.

Insider Transactions at Palo Alto Networks

In other Palo Alto Networks news, EVP Lee Klarich sold 62,904 shares of the business’s stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $258.65, for a total value of $16,270,119.60. Following the completion of the sale, the executive vice president owned 235,983 shares in the company, valued at approximately $61,037,002.95. The trade was a 21.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Nikesh Arora acquired 68,085 shares of the stock in a transaction on Friday, March 27th. The stock was bought at an average price of $146.87 per share, with a total value of $9,999,643.95. Following the transaction, the chief executive officer directly owned 343,394 shares of the company’s stock, valued at approximately $50,434,276.78. The trade was a 24.73% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders have sold 94,760 shares of company stock valued at $21,660,063. Insiders own 1.40% of the company’s stock.

Palo Alto Networks News Roundup

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

• Positive Sentiment: Palo Alto Networks reported fiscal Q3 earnings and revenue above expectations, with EPS of $0.85 versus $0.79-$0.81 estimated and revenue of $3.0 billion versus $2.94 billion expected, while sales rose 31.1% year over year. Article Title
• Positive Sentiment: The company raised FY2026 and Q4 guidance well above Wall Street estimates, signaling stronger demand and improving profitability outlooks. Article Title
• Positive Sentiment: CEO Nikesh Arora said AI-related security concerns are driving a surge in customer engagement and meeting requests, reinforcing the long-term growth narrative for PANW. Article Title
• Positive Sentiment: Citigroup, Wedbush, BNP Paribas Exane, Stifel, Berenberg, Truist, Morgan Stanley, Deutsche Bank, RBC, Oppenheimer, and others raised price targets, with several also reiterating buy or outperform ratings, adding momentum to the stock. Article Title
• Neutral Sentiment: One insider filing showed CAO Josh D. Paul sold 1,100 shares, which is minor versus the company’s overall market value but may slightly weigh on sentiment. Article Title
• Negative Sentiment: Despite the earnings beat, some coverage noted the stock slipped intraday as investors focused on acquisition-driven growth and broader market pressure rather than the strong fundamentals. Article Title

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on PANW shares. Jefferies Financial Group set a $335.00 target price on Palo Alto Networks and gave the company a “buy” rating in a report on Wednesday. Scotiabank reaffirmed a “sector outperform” rating and set a $320.00 target price (up from $180.00) on shares of Palo Alto Networks in a report on Wednesday. Citizens Jmp reaffirmed a “market outperform” rating and set a $250.00 target price on shares of Palo Alto Networks in a report on Wednesday, February 18th. Piper Sandler reaffirmed an “overweight” rating and set a $345.00 target price (up from $265.00) on shares of Palo Alto Networks in a report on Wednesday. Finally, Stifel Nicolaus set a $340.00 target price on Palo Alto Networks in a report on Wednesday. One analyst has rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $304.22.

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.