---
title: "Ameriprise Financial Inc. Grows Position in Check Point Software Technologies Ltd. $CHKP"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/279218088.md"
description: "Ameriprise Financial Inc. increased its stake in Check Point Software Technologies Ltd. by 8.5% in Q3, owning 2,171,322 shares valued at $449.27 million. Other institutional investors also adjusted their holdings. Analysts have mixed ratings on CHKP, with a consensus rating of \"Hold\" and an average price target of $212.40. The stock is currently down 1.4%, trading at $153.65, with a market cap of $16.90 billion. Check Point reported $3.40 EPS for the last quarter, exceeding estimates, and provided guidance for Q1 2026 and FY 2026."
datetime: "2026-03-16T07:23:15.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/279218088.md)
  - [en](https://longbridge.com/en/news/279218088.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/279218088.md)
---

# Ameriprise Financial Inc. Grows Position in Check Point Software Technologies Ltd. $CHKP

Ameriprise Financial Inc. boosted its position in Check Point Software Technologies Ltd. (NASDAQ:CHKP - Free Report) by 8.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,171,322 shares of the technology company's stock after acquiring an additional 170,075 shares during the quarter. Ameriprise Financial Inc. owned 1.97% of Check Point Software Technologies worth $449,274,000 at the end of the most recent quarter.

-   Time to Buy These Up-and-Coming Software Firms?

A number of other institutional investors also recently added to or reduced their stakes in the company. AQR Capital Management LLC purchased a new stake in shares of Check Point Software Technologies during the 1st quarter worth $262,000. Allworth Financial LP increased its holdings in Check Point Software Technologies by 6.2% in the second quarter. Allworth Financial LP now owns 1,083 shares of the technology company's stock valued at $240,000 after buying an additional 63 shares during the last quarter. Security Financial Services INC. raised its stake in Check Point Software Technologies by 23.2% in the second quarter. Security Financial Services INC. now owns 1,642 shares of the technology company's stock valued at $363,000 after buying an additional 309 shares in the last quarter. SG Americas Securities LLC raised its stake in Check Point Software Technologies by 35.0% in the second quarter. SG Americas Securities LLC now owns 58,157 shares of the technology company's stock valued at $12,867,000 after buying an additional 15,067 shares in the last quarter. Finally, Creative Planning lifted its holdings in Check Point Software Technologies by 18.2% during the 2nd quarter. Creative Planning now owns 27,474 shares of the technology company's stock worth $6,079,000 after buying an additional 4,228 shares during the last quarter. Hedge funds and other institutional investors own 98.51% of the company's stock.

## Analyst Upgrades and Downgrades

Several research firms have recently issued reports on CHKP. The Goldman Sachs Group lowered their price objective on Check Point Software Technologies from $208.00 to $186.00 and set a "neutral" rating for the company in a research report on Tuesday, February 17th. Scotiabank cut their target price on Check Point Software Technologies from $195.00 to $180.00 and set a "sector perform" rating on the stock in a research report on Friday, February 13th. Argus upgraded Check Point Software Technologies to a "hold" rating in a research note on Thursday, February 26th. BMO Capital Markets lowered their price target on Check Point Software Technologies from $240.00 to $210.00 and set an "outperform" rating for the company in a report on Friday, February 13th. Finally, Barclays dropped their price target on shares of Check Point Software Technologies from $220.00 to $195.00 and set an "equal weight" rating on the stock in a research note on Friday, February 13th. Nine investment analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company. According to data from MarketBeat.com, Check Point Software Technologies presently has a consensus rating of "Hold" and an average price target of $212.40.

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**Read Our Latest Report on CHKP**

## Check Point Software Technologies Stock Down 1.4%

Check Point Software Technologies stock opened at $153.65 on Monday. The company has a market capitalization of $16.90 billion, a P/E ratio of 15.94, a PEG ratio of 3.40 and a beta of 0.63. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.19 and a current ratio of 2.05. Check Point Software Technologies Ltd. has a fifty-two week low of $150.17 and a fifty-two week high of $234.35. The stock has a 50-day simple moving average of $172.38 and a 200-day simple moving average of $186.41.

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Check Point Software Technologies (NASDAQ:CHKP - Get Free Report) last released its quarterly earnings results on Thursday, February 12th. The technology company reported $3.40 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.77 by $0.63. The firm had revenue of $744.90 million for the quarter, compared to the consensus estimate of $746.40 million. Check Point Software Technologies had a return on equity of 38.98% and a net margin of 38.78%.The firm's quarterly revenue was up 5.9% compared to the same quarter last year. During the same quarter last year, the business posted $2.70 EPS. Check Point Software Technologies has set its Q1 2026 guidance at 2.350-2.450 EPS and its FY 2026 guidance at 10.050-10.850 EPS. Equities research analysts expect that Check Point Software Technologies Ltd. will post 8.61 earnings per share for the current year.

## Check Point Software Technologies Profile

(Free Report)

Check Point Software Technologies Ltd. is an Israeli-founded cybersecurity company that develops, markets and supports a broad portfolio of network, cloud and endpoint security products. Founded in 1993, the company was an early pioneer of stateful inspection firewall technology and later developed a modular “software blade” approach that allowed customers to combine protection capabilities. Check Point's product set spans physical and virtual security appliances, software and cloud-native services designed to prevent cyberattacks, protect data and simplify security management for enterprises and service providers.

Key product families include Quantum Security Gateways (on-premises and hybrid appliances), CloudGuard (cloud security posture and workload protection), Harmony (endpoint, remote access and unified endpoint security), and SandBlast (advanced threat prevention and sandboxing).

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_This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com._

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