Cisco Systems, Inc. $CSCO Position Raised by Phoenix Financial Ltd.

Phoenix Financial Ltd. increased its stake in Cisco Systems, Inc. (NASDAQ:CSCO) by 10.9% during the third quarter, according to its most recent filing with the SEC. The fund owned 100,636 shares of the network equipment provider’s stock after buying an additional 9,920 shares during the quarter. Phoenix Financial Ltd.’s holdings in Cisco Systems were worth $10,212,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the stock. BlackRock Inc. bought a new stake in Cisco Systems in the second quarter worth about $42,129,647,000. State Street Corp boosted its stake in Cisco Systems by 7.0% in the second quarter. State Street Corp now owns 207,106,569 shares of the network equipment provider’s stock valued at $25,278,492,000 after acquiring an additional 13,512,872 shares during the last quarter. Bank of America Corp DE purchased a new position in Cisco Systems in the second quarter valued at about $5,892,379,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in Cisco Systems by 2.7% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 43,450,141 shares of the network equipment provider’s stock valued at $5,103,654,000 after acquiring an additional 1,143,106 shares during the last quarter. Finally, Fisher Asset Management LLC grew its position in shares of Cisco Systems by 21.7% during the 3rd quarter. Fisher Asset Management LLC now owns 40,646,597 shares of the network equipment provider’s stock valued at $4,374,793,000 after acquiring an additional 7,233,872 shares during the period. Institutional investors own 73.33% of the company’s stock.

Analyst Ratings Changes

CSCO has been the subject of several research analyst reports. UBS Group raised their price target on shares of Cisco Systems from $132.00 to $138.00 and gave the stock a “buy” rating in a research note on Thursday, August 13th. Wells Fargo & Company lowered their price target on shares of Cisco Systems from $150.00 to $130.00 and set an “overweight” rating on the stock in a report on Friday. Barclays dropped their price objective on Cisco Systems from $123.00 to $109.00 and set an “equal weight” rating on the stock in a research note on Friday. Truist Financial reduced their price objective on Cisco Systems from $140.00 to $127.00 and set a “buy” rating for the company in a report on Friday. Finally, Deutsche Bank assumed coverage on Cisco Systems in a research report on Tuesday, September 1st. They issued a “buy” rating and a $135.00 target price for the company. Three 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’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $125.64.

Insider Buying and Selling

In related news, EVP Thimaya Subaiya sold 312 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 value of $34,376.16. Following the completion of the transaction, the executive vice president directly owned 127,661 shares of the company’s stock, valued at approximately $14,065,688.98. This trade represents a 0.24% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Oliver Tuszik sold 680 shares of the firm’s 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 $74,922.40. Following the completion of 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. 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 have sold a total of 6,824 shares of company stock worth $759,392 over the last 90 days. 0.01% of the stock is currently owned by corporate insiders.

Cisco Systems Stock Performance

Cisco Systems stock traded down $6.37 during midday trading on Friday, reaching $95.64. The stock had a trading volume of 28,551,419 shares, compared to its average volume of 19,473,690. The firm has a market capitalization of $377.07 billion, a PE ratio of 25.44, a P/E/G ratio of 2.09 and a beta of 1.01. Cisco Systems, Inc. has a 12 month low of $72.80 and a 12 month high of $130.37. The company has a quick ratio of 0.79, a current ratio of 0.93 and a debt-to-equity ratio of 0.39. The firm’s 50-day moving average price is $107.76 and its 200 day moving average price is $102.21.

Cisco Systems (NASDAQ:CSCO) last issued its earnings results on Thursday, November 12th. The network equipment provider reported $1.40 earnings per share for the quarter, topping 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 22.34% and a return on equity of 33.06%. During the same quarter last year, the business 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. As a group, research analysts predict that Cisco Systems, Inc. will post 4.48 earnings per share for the current fiscal year.

Cisco Systems Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 20th. Investors of record on Monday, January 4th will be paid a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date is Monday, January 4th. Cisco Systems’s dividend payout ratio is presently 50.30%.

Key Stories Impacting Cisco Systems

Here are a few of the latest stories about CSCO:

• Positive Sentiment: Cisco reported revenue of $18.5 billion and adjusted EPS of $1.40, beating estimates. It raised fiscal 2027 revenue guidance to $74.8–$75.8 billion and EPS guidance to $5.47–$5.53, and lifted its AI revenue target to $9 billion. Strong AI-infrastructure and networking demand underpin the outlook. Reuters: Cisco raises annual revenue forecast
• Neutral Sentiment: Several analysts lowered price targets after the results, but kept positive or neutral ratings. Citigroup cut its target to $120 and Wells Fargo to $130, both retaining Buy or Overweight; other firms also trimmed targets. The revisions reflect caution about near-term execution, even as analysts see potential upside. Benzinga: Analyst cuts Cisco price target
• Negative Sentiment: Fiscal Q1 product orders rose 21%, but missed expectations and slowed from the prior period, raising questions about the pace of demand growth. Yahoo Finance: Cisco down on expectations miss

Cisco Systems Company Profile

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.