Bank of New York Mellon Corp Purchases 80,833 Shares of Palo Alto Networks, Inc. $PANW

Bank of New York Mellon Corp raised its position in Palo Alto Networks, Inc. (NASDAQ:PANW) by 2.0% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,058,033 shares of the network technology company’s stock after purchasing an additional 80,833 shares during the period. Bank of New York Mellon Corp’s holdings in Palo Alto Networks were worth $747,490,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in the stock. Rational Advisors Inc. increased its position in shares of Palo Alto Networks by 61.0% during the fourth quarter. Rational Advisors Inc. now owns 4,463 shares of the network technology company’s stock worth $822,000 after acquiring an additional 1,691 shares in the last quarter. Peak Retirement Planning Inc. increased its position in shares of Palo Alto Networks by 33.4% during the fourth quarter. Peak Retirement Planning Inc. now owns 15,486 shares of the network technology company’s stock worth $2,852,000 after acquiring an additional 3,873 shares in the last quarter. Dynasty Wealth Management LLC increased its position in shares of Palo Alto Networks by 11.5% during the fourth quarter. Dynasty Wealth Management LLC now owns 2,994 shares of the network technology company’s stock worth $551,000 after acquiring an additional 309 shares in the last quarter. Natixis Advisors LLC increased its position in shares of Palo Alto Networks by 33.5% during the fourth quarter. Natixis Advisors LLC now owns 712,539 shares of the network technology company’s stock worth $131,250,000 after acquiring an additional 178,986 shares in the last quarter. Finally, Pincus Capital Management LP bought a new stake in shares of Palo Alto Networks during the fourth quarter worth $525,000. Institutional investors own 79.82% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on PANW shares. Argus raised shares of Palo Alto Networks to a “strong-buy” rating in a research report on Friday, February 20th. Royal Bank Of Canada increased their price objective on shares of Palo Alto Networks from $255.00 to $330.00 and gave the stock an “outperform” rating in a research report on Wednesday. Citigroup reissued a “market outperform” rating on shares of Palo Alto Networks in a research report on Wednesday. Evercore reissued an “outperform” rating and set a $375.00 price objective on shares of Palo Alto Networks in a research report on Wednesday. Finally, Morgan Stanley increased their price objective on shares of Palo Alto Networks from $253.00 to $320.00 and gave the stock an “overweight” rating in a research report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $304.22.

Palo Alto Networks Trading Down 5.6%

Shares of PANW opened at $280.43 on Thursday. Palo Alto Networks, Inc. has a 12 month low of $139.57 and a 12 month high of $302.95. The firm has a fifty day simple moving average of $200.21 and a 200 day simple moving average of $185.46. The stock has a market capitalization of $228.83 billion, a price-to-earnings ratio of 229.86, a PEG ratio of 10.71 and a beta of 0.94.

Palo Alto Networks (NASDAQ:PANW) last announced its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 EPS for the quarter, topping the consensus estimate of $0.80 by $0.05. Palo Alto Networks had a net margin of 7.95% and a return on equity of 16.34%. The business had revenue of $3 billion during the quarter, compared to analysts’ expectations of $2.94 billion. During the same quarter in the prior year, the company posted $0.37 earnings per share. The firm’s revenue was up 31.1% on a year-over-year basis. 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. As a group, research analysts predict that Palo Alto Networks, Inc. will post 2.14 earnings per share for the current fiscal year.

Key Palo Alto Networks News

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

Insider Buying and Selling at Palo Alto Networks

In related news, EVP Dipak Golechha sold 5,000 shares of the stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $160.42, for a total transaction of $802,100.00. Following the completion of the transaction, the executive vice president owned 150,250 shares in the company, valued at approximately $24,103,105. This represents a 3.22% 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 purchased 68,085 shares of the business’s stock in a transaction on Friday, March 27th. The stock was purchased at an average price of $146.87 per share, with a total value of $9,999,643.95. Following the purchase, the chief executive officer 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 ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have sold a total of 94,760 shares of company stock valued at $21,660,063 in the last three months. 1.40% of the stock is currently owned by insiders.

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.