Bernicke Wealth Management Ltd. Acquires New Position in Cisco Systems, Inc. $CSCO

Bernicke Wealth Management Ltd. acquired a new stake in Cisco Systems, Inc. (NASDAQ:CSCO) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 9,288 shares of the network equipment provider’s stock, valued at approximately $1,000,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of CSCO. BlackRock Inc. bought a new stake in shares of Cisco Systems during the 2nd quarter valued at $42,129,647,000. State Street Corp lifted its stake in shares of Cisco Systems by 7.0% in the 2nd quarter. State Street Corp now owns 207,106,569 shares of the network equipment provider’s stock valued at $25,278,492,000 after purchasing an additional 13,512,872 shares during the period. Bank of America Corp DE bought a new position in shares of Cisco Systems in the 2nd quarter worth $5,892,379,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of Cisco Systems by 2.7% in the 2nd 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 worth $5,103,654,000 after purchasing an additional 1,143,106 shares during the last quarter. Finally, Bank of New York Mellon Corp bought a new position in shares of Cisco Systems in the 2nd quarter worth $4,714,574,000. 73.33% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the company. Morgan Stanley cut Cisco Systems from an “overweight” rating to an “equal weight” rating and decreased their price objective for the stock from $135.00 to $120.00 in a research note on Thursday, November 5th. Truist Financial cut their target price on Cisco Systems from $140.00 to $127.00 and set a “buy” rating on the stock in a research note on Friday. Deutsche Bank began coverage on Cisco Systems in a report on Tuesday, September 1st. They set a “buy” rating and a $135.00 target price on the stock. Citigroup decreased their target price on Cisco Systems from $139.00 to $120.00 and set a “buy” rating for the company in a research report on Friday. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Cisco Systems in a research note on Wednesday, August 26th. 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’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $125.64.

Cisco Systems Stock Down 6.2%

Shares of Cisco Systems stock opened at $95.64 on Friday. The company has a market capitalization of $377.07 billion, a P/E ratio of 25.44, a price-to-earnings-growth ratio of 2.09 and a beta of 1.01. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.93 and a quick ratio of 0.79. The business has a 50-day moving average of $107.76 and a two-hundred day moving average of $102.21. Cisco Systems, Inc. has a 1 year low of $72.80 and a 1 year high of $130.37.

Cisco Systems (NASDAQ:CSCO) last released its quarterly earnings data on Thursday, November 12th. The network equipment provider reported $1.40 earnings per share for the quarter, beating the consensus estimate of $1.33 by $0.07. Cisco Systems had a return on equity of 33.06% and a net margin of 22.34%. The business had revenue of $18.52 billion for the quarter, compared to analysts’ expectations of $18.12 billion. During the same quarter in the previous year, the business posted $1.00 EPS. 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, equities analysts predict that Cisco Systems, Inc. will post 4.48 EPS for the current year.

Cisco Systems Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 20th. Shareholders of record on Monday, January 4th will be issued a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a yield of 1.8%. The ex-dividend date is Monday, January 4th. Cisco Systems’s dividend payout ratio (DPR) is 50.30%.

Insider Activity at Cisco Systems

In other news, EVP Oliver Tuszik sold 680 shares of the company’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 $74,922.40. Following the completion of the transaction, the executive vice president owned 163,337 shares in the company, valued at $17,996,470.66. This represents a 0.41% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Thimaya K. Subaiya sold 312 shares of the stock in a transaction 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 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. Insiders have sold a total of 6,824 shares of company stock worth $759,392 over the last 90 days. Corporate insiders own 0.01% of the company’s stock.

Latest Cisco Systems News

Here’s some of the latest news 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 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.