22,913 Cisco Systems, Inc. $CSCO Shares Sold by Heritage Investors Management Corp

Heritage Investors Management Corp cut its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 3.7% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 598,800 shares of the network equipment provider’s stock after selling 22,913 shares during the period. Cisco Systems comprises approximately 1.8% of Heritage Investors Management Corp’s holdings, making the stock its 12th largest holding. Heritage Investors Management Corp’s holdings in Cisco Systems were worth $64,449,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Columbia Bank boosted its position in Cisco Systems by 2.4% in the 3rd quarter. Columbia Bank now owns 6,999 shares of the network equipment provider’s stock valued at $753,000 after buying an additional 162 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Cisco Systems in the 3rd quarter valued at $319,320,000. Stevens Capital Partners raised its position in shares of Cisco Systems by 27.4% during the third quarter. Stevens Capital Partners now owns 2,390 shares of the network equipment provider’s stock worth $257,000 after acquiring an additional 514 shares during the last quarter. ProShare Advisors LLC raised its position in shares of Cisco Systems by 3.6% during the third quarter. ProShare Advisors LLC now owns 4,746,236 shares of the network equipment provider’s stock worth $510,837,000 after acquiring an additional 163,745 shares during the last quarter. Finally, Vise Technologies Inc. lifted its stake in shares of Cisco Systems by 4.0% during the third quarter. Vise Technologies Inc. now owns 389,371 shares of the network equipment provider’s stock valued at $41,908,000 after acquiring an additional 15,088 shares during the period. 73.33% of the stock is owned by institutional investors and hedge funds.

Cisco Systems Price Performance

NASDAQ:CSCO opened at $104.51 on Monday. The company has a quick ratio of 0.79, a current ratio of 0.93 and a debt-to-equity ratio of 0.39. Cisco Systems, Inc. has a 12-month low of $70.54 and a 12-month high of $130.37. The stock’s fifty day simple moving average is $110.00 and its 200-day simple moving average is $101.01. The firm has a market capitalization of $412.04 billion, a P/E ratio of 31.29, a P/E/G ratio of 2.18 and a beta of 1.01.

Cisco Systems (NASDAQ:CSCO) last released its quarterly earnings data on Wednesday, August 12th. The network equipment provider reported $1.22 EPS for the quarter, beating analysts’ consensus estimates of $1.17 by $0.05. Cisco Systems had a return on equity of 30.16% and a net margin of 20.95%. The business had revenue of $17.25 billion during the quarter, compared to the consensus estimate of $16.84 billion. During the same quarter in the prior year, the company posted $0.99 earnings per share. The firm’s revenue was up 17.6% on a year-over-year basis. Cisco Systems has set its FY 2027 guidance at 5.050-5.110 EPS and its Q1 2027 guidance at 1.320-1.340 EPS. Equities research analysts expect that Cisco Systems, Inc. will post 4.42 earnings per share for the current year.

Cisco Systems Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 21st. Stockholders of record on Friday, October 2nd were paid a $0.42 dividend. The ex-dividend date of this dividend was Friday, October 2nd. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.6%. Cisco Systems’s dividend payout ratio is 50.30%.

Insider Buying and Selling

In related news, insider Jeetendra Patel sold 7,170 shares of the stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $111.57, for a total value of $799,956.90. Following the sale, the insider directly owned 230,593 shares in the company, valued at $25,727,261.01. This trade represents a 3.02% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Thimaya Subaiya sold 312 shares of Cisco Systems stock in a transaction that occurred on Monday, September 14th. The stock was sold at an average price of $110.18, for a total transaction of $34,376.16. Following the transaction, the executive vice president directly owned 127,661 shares in the company, valued at $14,065,688.98. The trade was a 0.24% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 44,869 shares of company stock worth $5,005,620 over the last quarter. Insiders own 0.01% of the company’s stock.

Cisco Systems News Summary

Here are the key news stories impacting Cisco Systems this week:

• Positive Sentiment: AI infrastructure remains a key growth catalyst. Cisco is benefiting from rising hyperscaler demand for networking equipment, while AI workloads, 5G, Wi-Fi 7, and broader connectivity needs support the networking industry’s expansion. Cisco Gains From AI Networking Boom
• Positive Sentiment: Industry research projects the global virtualization-security market will grow from $1.7 billion in 2025 to $4.9 billion by 2032, creating potential demand for Cisco’s security, segmentation, and cloud-native offerings. Virtualization Security Market Report
• Positive Sentiment: Mobile virtualization is projected to reach $21 billion by 2032, with remote work, BYOD, 5G, and tighter data regulations supporting longer-term opportunities for Cisco’s networking and security businesses. Mobile Virtualization Market Report
• Positive Sentiment: Analysts maintain a favorable view ahead of earnings, with a reported consensus price target of $128.52, implying continued confidence in Cisco’s outlook. Cisco Consensus Price Target
• Positive Sentiment: Cisco is experimenting with an AI-assisted rewrite of approximately 98% of its code under a young engineering leader, potentially improving development speed and product productivity, although execution remains unproven. Cisco AI Code Rewrite
• Neutral Sentiment: Cisco’s upcoming report is receiving positive analyst attention after the stock outperformed the broader market, but the preview also raises the bar for results and forward guidance. Cisco Earnings Preview
• Neutral Sentiment: The company’s AI-security and quantum-safe initiatives could strengthen its long-term product portfolio, though the articles provide limited evidence of near-term financial impact. Cisco AI Security and Quantum-Safe Push
• Negative Sentiment: Competitive pressure is increasing: Dell is expanding its AI-security and cyber-resilience capabilities, potentially challenging Cisco in enterprise infrastructure and security markets. Dell Expands AI Security Capabilities
• Negative Sentiment: Recent weakness relative to the broader market suggests investors may be taking profits or demanding stronger earnings and guidance, particularly with CSCO trading at a relatively elevated earnings multiple.

Wall Street Analysts Forecast Growth

CSCO has been the topic of several recent research reports. HSBC cut Cisco Systems from a “buy” rating to a “hold” rating and decreased their price target for the company from $137.00 to $120.00 in a report on Friday, August 14th. Rosenblatt Securities boosted their price objective on Cisco Systems from $150.00 to $165.00 and gave the stock a “buy” rating in a report on Thursday, August 13th. Freedom Capital upgraded shares of Cisco Systems from a “hold” rating to a “strong-buy” rating in a research report on Sunday, August 16th. Wall Street Zen raised shares of Cisco Systems from a “hold” rating to a “buy” rating in a research note on Sunday, October 11th. Finally, UBS Group lifted their price target on shares of Cisco Systems from $132.00 to $138.00 and gave the stock a “buy” rating in a research report on Thursday, August 13th. Three equities research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Cisco Systems currently has an average rating of “Moderate Buy” and a consensus target price of $128.52.

About Cisco Systems

Cisco Systems, Inc is a global technology company that develops networking, cybersecurity, collaboration and observability solutions for businesses, government organizations and service providers. Its offerings include routers, switches, wireless networking equipment, data-center infrastructure, security software and services, as well as technologies that support cloud and hybrid IT environments.

The company also provides collaboration tools through its Webex portfolio, cloud-managed networking through Cisco Meraki and security and observability capabilities that include technologies from Splunk, which Cisco acquired in 2024.