NewEdge Wealth LLC Grows Holdings in Palo Alto Networks, Inc. $PANW

NewEdge Wealth LLC raised its position in Palo Alto Networks, Inc. (NASDAQ:PANW) by 34.1% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 83,573 shares of the network technology company’s stock after buying an additional 21,241 shares during the period. NewEdge Wealth LLC’s holdings in Palo Alto Networks were worth $17,816,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of PANW. Norges Bank purchased a new stake in shares of Palo Alto Networks in the second quarter worth $675,865,000. ABN AMRO Bank N.V. bought a new stake in Palo Alto Networks in the second quarter worth $340,883,000. Vanguard Group Inc. grew its stake in shares of Palo Alto Networks by 2.0% during the third quarter. Vanguard Group Inc. now owns 65,269,963 shares of the network technology company’s stock valued at $13,290,270,000 after buying an additional 1,253,589 shares during the last quarter. California Public Employees Retirement System boosted its holdings in Palo Alto Networks by 97.9% during the 2nd quarter. California Public Employees Retirement System now owns 2,104,939 shares of the network technology company’s stock valued at $430,755,000 after acquiring an additional 1,041,145 shares during the period. Finally, Bessemer Group Inc. grew its position in Palo Alto Networks by 3,881.4% during the 3rd quarter. Bessemer Group Inc. now owns 721,157 shares of the network technology company’s stock worth $146,842,000 after acquiring an additional 703,044 shares during the last quarter. Institutional investors own 79.82% of the company’s stock.

Palo Alto Networks Price Performance

NASDAQ:PANW opened at $152.35 on Thursday. The firm has a market capitalization of $106.19 billion, a P/E ratio of 84.17, a PEG ratio of 3.91 and a beta of 0.75. Palo Alto Networks, Inc. has a one year low of $144.15 and a one year high of $223.61. The company’s 50-day simple moving average is $180.25 and its 200 day simple moving average is $191.93.

Palo Alto Networks (NASDAQ:PANW) last posted its earnings results on Tuesday, February 17th. The network technology company reported $1.03 EPS for the quarter, topping analysts’ consensus estimates of $0.94 by $0.09. The business had revenue of $2.59 billion during the quarter, compared to analyst estimates of $2.58 billion. Palo Alto Networks had a return on equity of 18.42% and a net margin of 12.96%.The company’s quarterly revenue was up 14.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.81 EPS. Palo Alto Networks has set its FY 2026 guidance at 3.650-3.700 EPS and its Q3 2026 guidance at 0.780-0.800 EPS. On average, equities research analysts expect that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have weighed in on PANW. JPMorgan Chase & Co. lowered their price objective on Palo Alto Networks from $235.00 to $225.00 and set an “overweight” rating for the company in a research report on Tuesday, February 10th. Susquehanna decreased their target price on shares of Palo Alto Networks from $230.00 to $200.00 and set a “positive” rating on the stock in a research note on Wednesday. Robert W. Baird set a $220.00 price target on shares of Palo Alto Networks and gave the company an “outperform” rating in a report on Wednesday. Royal Bank Of Canada reissued an “outperform” rating and issued a $220.00 price target on shares of Palo Alto Networks in a report on Wednesday. Finally, Evercore boosted their price objective on shares of Palo Alto Networks from $220.00 to $250.00 and gave the company an “outperform” rating in a research report on Thursday, November 13th. Thirty-three investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $215.68.

Trending Headlines about Palo Alto Networks

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

• Positive Sentiment: Q2 results beat estimates—EPS $1.03 and revenue roughly $2.59B; Next‑Gen Security ARR grew ~33% and RPO rose, supporting recurring revenue momentum. Palo Alto Networks Reports Fiscal Second Quarter 2026 Financial Results
• Positive Sentiment: Company raised full‑year revenue outlook to about $11.28–11.31B, signaling continued top‑line strength from its platform strategy. Palo Alto Networks Lifts Revenue Outlook as Second‑Quarter Profit Jumps (WSJ)
• Positive Sentiment: Management is investing to secure the AI/agentic endpoint (Koi acquisition) and expand capabilities (CyberArk, Chronosphere), which could strengthen long‑term competitive positioning. Palo Alto Announces Intent to Acquire Koi (PRNewswire)
• Neutral Sentiment: Analysts and firms are mixed—some reaffirmed outperform/buy ratings and cited long‑term upside while others trimmed price targets; overall street sentiment remains largely constructive but cautious. Jefferies: Palo Alto to emerge stronger despite M&A headwinds
• Negative Sentiment: Management lowered near‑term profit guidance, citing higher integration and acquisition costs—this cut to the profit outlook is the primary driver of the share decline. Palo Alto shares fall as deal costs pile up (Reuters)
• Negative Sentiment: Multiple brokers trimmed price targets and adjusted models after the guidance update (Deutsche, Goldman, Scotiabank, Loop, Stifel, BMO, Needham, Susquehanna, etc.), adding selling pressure. Analyst price‑target adjustments (MarketScreener example)
• Negative Sentiment: Sector and AI‑software weakness amplified the move—CEO sought to defend the company’s differentiation, but market sentiment for high‑growth software names remains tenuous. Palo Alto shares sink as CEO defends strategy (CNBC)

Insider Activity

In related news, EVP Dipak Golechha sold 5,000 shares of Palo Alto Networks stock in a transaction that occurred on Tuesday, December 23rd. The stock was sold at an average price of $188.18, for a total transaction of $940,900.00. Following the sale, the executive vice president owned 155,119 shares of the company’s stock, valued at approximately $29,190,293.42. This trade represents a 3.12% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director James J. Goetz sold 12,500 shares of the business’s stock in a transaction that occurred on Monday, December 8th. The stock was sold at an average price of $195.33, for a total value of $2,441,625.00. Following the completion of the transaction, the director directly owned 75,184 shares in the company, valued at approximately $14,685,690.72. This represents a 14.26% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 260,542 shares of company stock worth $49,910,995. 1.40% of the stock is currently owned by corporate insiders.

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.