Eurizon Capital SGR S.p.A. Acquires 478,649 Shares of Cisco Systems, Inc. $CSCO

Eurizon Capital SGR S.p.A. raised its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 39.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,690,784 shares of the network equipment provider’s stock after purchasing an additional 478,649 shares during the quarter. Eurizon Capital SGR S.p.A.’s holdings in Cisco Systems were worth $181,722,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. PBU The Pension Fund of Early Childhood & Youth Educators raised its stake in shares of Cisco Systems by 8.2% in the third quarter. PBU The Pension Fund of Early Childhood & Youth Educators now owns 387,620 shares of the network equipment provider’s stock valued at $41,720,000 after acquiring an additional 29,423 shares during the period. R Squared Ltd lifted its holdings in shares of Cisco Systems by 71.8% in the 3rd quarter. R Squared Ltd now owns 4,992 shares of the network equipment provider’s stock worth $537,000 after acquiring an additional 2,086 shares during the last quarter. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. boosted its stake in shares of Cisco Systems by 33.2% during the 3rd quarter. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. now owns 1,536 shares of the network equipment provider’s stock worth $165,000 after purchasing an additional 383 shares during the period. Van Strum & Towne Inc. boosted its stake in shares of Cisco Systems by 26.0% during the 3rd quarter. Van Strum & Towne Inc. now owns 4,140 shares of the network equipment provider’s stock worth $446,000 after purchasing an additional 855 shares during the period. Finally, King Luther Capital Management Corp boosted its stake in shares of Cisco Systems by 11.9% during the 3rd quarter. King Luther Capital Management Corp now owns 715,838 shares of the network equipment provider’s stock worth $77,046,000 after purchasing an additional 76,213 shares during the period. 73.33% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Cisco Systems

These are some of the CSCO stories that stood out recently:

• Positive Sentiment: Fiscal Q1 adjusted earnings were $1.40 per share versus the $1.33 consensus, while revenue of $18.52 billion topped the $18.12 billion estimate. The company also reported $4.55 billion in net income, and revenue and earnings growth reached their strongest pace in more than 15 years. Cisco stock jumps 5% on earnings and revenue beat
• Positive Sentiment: Cisco raised its fiscal 2027 adjusted EPS forecast to $5.47–$5.53, above the $5.10 FactSet estimate, and its revenue outlook to $74.8–$75.8 billion, versus $73.2 billion expected. Its Q2 EPS and revenue guidance also exceeded consensus, supporting expectations for continued growth. Cisco raises annual revenue forecast on strong AI networking demand
• Positive Sentiment: Management pointed to robust AI-networking demand, including data-center growth, as a major tailwind. Investors may see Cisco as benefiting from increased spending on the networking infrastructure needed for AI. Cisco Earnings, Revenue Top Estimates On AI Data Center Growth

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Barclays increased their price objective on shares of Cisco Systems from $121.00 to $123.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 13th. Freedom Capital raised shares of Cisco Systems from a “hold” rating to a “strong-buy” rating in a research note on Sunday, August 16th. Weiss Ratings restated a “buy (b)” rating on shares of Cisco Systems in a research report on Wednesday, August 26th. Piper Sandler dropped their target price on Cisco Systems from $132.00 to $125.00 and set a “neutral” rating for the company in a research report on Tuesday, September 22nd. Finally, Rosenblatt Securities upped their target price on Cisco Systems from $150.00 to $165.00 and gave the company a “buy” rating in a research note on Thursday, August 13th. Three research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat, Cisco Systems has a consensus rating of “Moderate Buy” and an average target price of $129.14.

Insider Activity

In other news, EVP Oliver Tuszik sold 680 shares of the firm’s stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $110.18, for a total transaction of $74,922.40. Following the transaction, the executive vice president directly owned 163,337 shares of the company’s stock, valued at approximately $17,996,470.66. This trade represents a 0.41% decrease in their ownership of the stock. The sale was disclosed in a legal 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 Thimaya K. Subaiya sold 312 shares of Cisco Systems stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $110.18, for a total transaction of $34,376.16. Following the sale, the executive vice president directly owned 127,661 shares of the company’s stock, valued at $14,065,688.98. This represents a 0.24% 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. Over the last three months, insiders sold 6,824 shares of company stock valued at $759,392. 0.01% of the stock is owned by corporate insiders.

Cisco Systems Stock Up 1.2%

NASDAQ:CSCO opened at $102.01 on Friday. Cisco Systems, Inc. has a twelve month low of $72.80 and a twelve month high of $130.37. The company has a market cap of $402.18 billion, a price-to-earnings ratio of 30.54, a price-to-earnings-growth ratio of 2.07 and a beta of 1.01. The stock has a fifty day simple moving average of $108.02 and a 200-day simple moving average of $102.13. The company has a current ratio of 0.93, a quick ratio of 0.79 and a debt-to-equity ratio of 0.39.

Cisco Systems (NASDAQ:CSCO) last issued its earnings results on Thursday, November 12th. The network equipment provider reported $1.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.33 by $0.07. The firm had revenue of $18.52 billion during the quarter, compared to analyst estimates of $18.12 billion. Cisco Systems had a net margin of 20.95% and a return on equity of 30.16%. During the same period in the previous year, the firm earned $1.00 earnings per share. Cisco Systems has set its Q2 2027 guidance at 1.340-1.360 EPS and its FY 2027 guidance at 5.470-5.530 EPS. Analysts anticipate that Cisco Systems, Inc. will post 4.48 EPS for the current year.

Cisco Systems Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 20th. Investors of record on Monday, January 4th will be issued a dividend of $0.42 per share. The ex-dividend date is Monday, January 4th. This represents a $1.68 dividend on an annualized basis and a yield of 1.6%. Cisco Systems’s dividend payout ratio (DPR) is presently 50.30%.

About Cisco Systems

Cisco Systems, Inc. develops networking, cybersecurity, collaboration and observability technologies for businesses, governments and other organizations. Its products include routers, switches, wireless systems and data center infrastructure, along with security software and services that help organizations connect and protect their networks. The company also provides collaboration tools through its Webex platform and observability capabilities through its software offerings, including technology from Splunk, which Cisco acquired in 2024.