Cisco Systems, Inc. $CSCO Shares Bought by Bessemer Group Inc.

Bessemer Group Inc. lifted its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 35.5% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 3,570,495 shares of the network equipment provider’s stock after acquiring an additional 935,534 shares during the quarter. Bessemer Group Inc.’s holdings in Cisco Systems were worth $277,036,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the business. Norges Bank purchased a new stake in Cisco Systems during the 4th quarter worth approximately $4,473,272,000. Auto Owners Insurance Co raised its position in shares of Cisco Systems by 8,718.3% in the 4th quarter. Auto Owners Insurance Co now owns 51,952,421 shares of the network equipment provider’s stock valued at $400,190,000 after purchasing an additional 51,363,281 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its stake in shares of Cisco Systems by 103.2% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 29,289,151 shares of the network equipment provider’s stock valued at $2,256,144,000 after buying an additional 14,874,407 shares during the last quarter. Franklin Resources Inc. grew its position in shares of Cisco Systems by 18.0% during the fourth quarter. Franklin Resources Inc. now owns 50,320,905 shares of the network equipment provider’s stock worth $3,876,219,000 after buying an additional 7,679,422 shares in the last quarter. Finally, Invesco Ltd. grew its position in shares of Cisco Systems by 11.6% during the fourth quarter. Invesco Ltd. now owns 59,836,782 shares of the network equipment provider’s stock worth $4,609,227,000 after buying an additional 6,224,062 shares in the last quarter. Institutional investors and hedge funds own 73.33% of the company’s stock.

Insider Transactions at Cisco Systems

In other Cisco Systems news, EVP Thimaya K. Subaiya sold 7,127 shares of the firm’s stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $119.91, for a total value of $854,598.57. Following the sale, the executive vice president directly owned 140,857 shares in the company, valued at approximately $16,890,162.87. This trade represents a 4.82% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Deborah L. Stahlkopf sold 6,586 shares of the business’s stock in a transaction on Friday, May 15th. The shares were sold at an average price of $117.31, for a total transaction of $772,603.66. Following the transaction, the executive vice president directly owned 177,223 shares of the company’s stock, valued at approximately $20,790,030.13. This trade represents a 3.58% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 47,650 shares of company stock valued at $5,668,823 over the last three months. 0.01% of the stock is currently owned by company insiders.

Cisco Systems Stock Performance

Shares of NASDAQ CSCO opened at $109.66 on Friday. The company has a quick ratio of 0.81, a current ratio of 0.92 and a debt-to-equity ratio of 0.40. The firm’s 50-day moving average price is $117.09 and its two-hundred day moving average price is $93.20. Cisco Systems, Inc. has a 52-week low of $65.75 and a 52-week high of $130.37. The stock has a market capitalization of $432.22 billion, a P/E ratio of 35.60, a P/E/G ratio of 2.85 and a beta of 1.02.

Cisco Systems (NASDAQ:CSCO) last posted its earnings results on Wednesday, May 13th. The network equipment provider reported $1.06 EPS for the quarter, beating the consensus estimate of $1.03 by $0.03. The company had revenue of $15.84 billion during the quarter, compared to analyst estimates of $15.56 billion. Cisco Systems had a return on equity of 28.44% and a net margin of 20.14%.The business’s revenue was up 12.0% compared to the same quarter last year. During the same period in the prior year, the company earned $0.96 earnings per share. Cisco Systems has set its Q4 2026 guidance at 1.160-1.180 EPS and its FY 2026 guidance at 4.270-4.290 EPS. As a group, sell-side analysts forecast that Cisco Systems, Inc. will post 3.54 earnings per share for the current year.

Cisco Systems Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 22nd. Investors of record on Monday, July 6th will be paid a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date is Monday, July 6th. Cisco Systems’s dividend payout ratio is presently 54.55%.

Analysts Set New Price Targets

Several analysts recently issued reports on the stock. HSBC raised shares of Cisco Systems from a “hold” rating to a “buy” rating and upped their price target for the company from $77.00 to $137.00 in a report on Friday, May 15th. KeyCorp boosted their target price on shares of Cisco Systems from $125.00 to $130.00 and gave the stock an “overweight” rating in a research report on Thursday, June 25th. Argus upped their target price on shares of Cisco Systems from $100.00 to $150.00 and gave the company a “buy” rating in a research note on Tuesday, May 19th. Barclays increased their price target on shares of Cisco Systems from $76.00 to $121.00 and gave the stock an “equal weight” rating in a research report on Thursday, May 14th. Finally, Morgan Stanley lifted their price target on Cisco Systems from $120.00 to $130.00 and gave the stock an “overweight” rating in a research note on Friday, June 12th. Three analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $123.14.

Cisco Systems News Roundup

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

• Positive Sentiment: One report argues Cisco could reach $170, calling it a key AI infrastructure name and suggesting the company is benefiting from rising demand tied to AI-era networking. Price Prediction: Cisco Will Hit $170 on This Date
• Positive Sentiment: Zacks said Cisco’s strong year-to-date performance is being backed by higher AI orders, networking growth, security momentum, and improved earnings visibility. Cisco Jumps 52% YTD: Is There More Room for the Stock to Rise?
• Positive Sentiment: Cisco also announced a partnership-related integration for Webex Contact Center, reinforcing its push into AI-enabled enterprise software and contact-center tools. SuccessKPI Powers Next Generation Hybrid Contact Centers with WEM for Webex Cloud
• Neutral Sentiment: Some market pieces frame the recent weakness as profit-taking after a big post-earnings rally rather than a fresh operational problem. Cisco Systems slips as investors appear to be taking profits after a big post-earnings run
• Neutral Sentiment: Another note says Cisco is testing technical support levels after breaking below its 50-day moving average, which could keep near-term trading choppy. Cisco Systems (CSCO) Price Forecast: Correction Deepens as Key Support Nears
• Negative Sentiment: One article warns that growth-stock enthusiasm can fade quickly, using Cisco’s past boom-and-bust cycles as a cautionary example for investors. 1 Growth Stock Set to Flourishand 2 We Turn Down

Cisco Systems 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.