Arbejdsmarkedets Tillaegspension purchased a new position in Cisco Systems, Inc. (NASDAQ:CSCO – Free Report) during the fourth quarter, Holdings Channel.com reports. The firm purchased 292,529 shares of the network equipment provider’s stock, valued at approximately $22,534,000.
A number of other institutional investors have also recently bought and sold shares of CSCO. Board of the Pension Protection Fund purchased a new position in Cisco Systems in the 4th quarter worth about $31,000. EQ Wealth Advisors LLC purchased a new position in Cisco Systems in the 4th quarter worth about $31,000. Anfield Capital Management LLC grew its stake in Cisco Systems by 248.9% during the 4th quarter. Anfield Capital Management LLC now owns 485 shares of the network equipment provider’s stock valued at $37,000 after acquiring an additional 346 shares in the last quarter. Joseph Group Capital Management purchased a new position in Cisco Systems during the 4th quarter valued at about $38,000. Finally, Luken Investment Analytics LLC grew its stake in Cisco Systems by 418.0% during the 4th quarter. Luken Investment Analytics LLC now owns 518 shares of the network equipment provider’s stock valued at $40,000 after acquiring an additional 418 shares in the last quarter. Hedge funds and other institutional investors own 73.33% of the company’s stock.
Cisco Systems Stock Up 2.3%
CSCO opened at $118.21 on Friday. The business has a 50 day moving average price of $85.41 and a 200 day moving average price of $79.95. Cisco Systems, Inc. has a twelve month low of $62.30 and a twelve month high of $119.36. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.85 and a current ratio of 0.92. The firm has a market cap of $466.92 billion, a P/E ratio of 38.38, a price-to-earnings-growth ratio of 4.34 and a beta of 0.92.
Cisco Systems Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 22nd. Stockholders of record on Monday, July 6th will be given a dividend of $0.42 per share. The ex-dividend date is Monday, July 6th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.4%. Cisco Systems’s payout ratio is currently 54.55%.
Key Cisco Systems News
Here are the key news stories impacting Cisco Systems this week:
- Positive Sentiment: Cisco reported stronger-than-expected Q3 earnings and revenue, with EPS of $1.06 topping estimates and sales of $15.84 billion above forecasts. Article title
- Positive Sentiment: The company raised full-year guidance and pointed to roughly $9 billion in fiscal 2026 hyperscaler AI infrastructure orders, reinforcing the view that Cisco is becoming a key AI infrastructure beneficiary. Article title
- Positive Sentiment: Multiple firms raised price targets after the earnings beat, including HSBC, Evercore, Piper Sandler, KeyCorp, Morgan Stanley, UBS, BNP Paribas, Wells Fargo and Citigroup, signaling broad Wall Street optimism. Article title
- Positive Sentiment: Cisco’s CEO said AI will force a “multi-billion dollar infrastructure reset,” which supports the bullish narrative that the company is at the center of a long upgrade cycle. Article title
- Neutral Sentiment: Cisco also announced plans to cut about 4,000 jobs as it reshapes spending toward AI, which may improve efficiency but adds some execution risk. Article title
- Neutral Sentiment: Some commentary warns that the stock’s rapid rally has pushed valuation higher, and options activity shows elevated volatility expectations heading into the next phase. Article title
Analyst Upgrades and Downgrades
Several equities analysts have weighed in on the company. New Street Research lifted their target price on Cisco Systems from $82.00 to $122.00 and gave the company a “neutral” rating in a research note on Thursday. CICC Research lifted their target price on Cisco Systems from $84.00 to $96.00 and gave the company an “outperform” rating in a research note on Friday, February 13th. JPMorgan Chase & Co. lifted their price target on Cisco Systems from $95.00 to $96.00 in a report on Monday, May 11th. Weiss Ratings reiterated a “buy (b)” rating on shares of Cisco Systems in a report on Friday, April 24th. Finally, Citic Securities lifted their price target on Cisco Systems from $90.00 to $130.00 in a report on Friday. Three analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Cisco Systems presently has an average rating of “Moderate Buy” and a consensus price target of $114.55.
View Our Latest Report on Cisco Systems
Insider Buying and Selling
In other Cisco Systems news, SVP Maria Victoria Wong sold 551 shares of the company’s stock in a transaction on Wednesday, March 11th. The stock was sold at an average price of $77.54, for a total value of $42,724.54. Following the sale, the senior vice president directly owned 27,957 shares in the company, valued at $2,167,785.78. This represents a 1.93% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Thimaya K. Subaiya sold 1,744 shares of the business’s stock in a transaction on Thursday, March 12th. The stock was sold at an average price of $77.07, for a total value of $134,410.08. Following the completion of the transaction, the executive vice president directly owned 156,693 shares in the company, valued at approximately $12,076,329.51. This represents a 1.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 15,587 shares of company stock valued at $1,230,765. 0.01% of the stock is currently owned by insiders.
Cisco Systems Company Profile
Cisco Systems, Inc is a global technology company that designs, manufactures and sells networking hardware, software and telecommunications equipment. Its core business focuses on enabling enterprise and service-provider networks through products such as routers, switches, network security appliances and wireless systems. Over time Cisco has broadened its portfolio to emphasize software-defined networking, cybersecurity, cloud infrastructure and edge computing solutions that help organizations build and manage modern IT environments.
In addition to hardware, Cisco offers a growing range of software platforms and subscription services for network management, security, analytics and collaboration.
Further Reading
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