Cisco Systems, Inc. $CSCO Shares Sold by RFG Advisory LLC

RFG Advisory LLC lessened its position in Cisco Systems, Inc. (NASDAQ:CSCO) by 18.3% during the first quarter, Holdings Channel reports. The institutional investor owned 59,631 shares of the network equipment provider’s stock after selling 13,355 shares during the quarter. RFG Advisory LLC’s holdings in Cisco Systems were worth $4,627,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Fifth Third Wealth Advisors LLC grew its holdings in Cisco Systems by 38.5% during the first quarter. Fifth Third Wealth Advisors LLC now owns 113,763 shares of the network equipment provider’s stock worth $8,827,000 after acquiring an additional 31,606 shares during the period. OP Asset Management Ltd acquired a new stake in Cisco Systems in the 1st quarter valued at about $58,693,000. Apella Capital LLC lifted its holdings in Cisco Systems by 27.1% in the 1st quarter. Apella Capital LLC now owns 28,635 shares of the network equipment provider’s stock valued at $2,222,000 after acquiring an additional 6,098 shares during the last quarter. Assenagon Asset Management S.A. boosted its position in shares of Cisco Systems by 3.9% during the 1st quarter. Assenagon Asset Management S.A. now owns 173,050 shares of the network equipment provider’s stock valued at $13,427,000 after purchasing an additional 6,486 shares in the last quarter. Finally, Tranquility Partners LLC grew its stake in shares of Cisco Systems by 5.0% in the 1st quarter. Tranquility Partners LLC now owns 9,364 shares of the network equipment provider’s stock worth $727,000 after purchasing an additional 443 shares during the last quarter. Institutional investors own 73.33% of the company’s stock.

Cisco Systems News Roundup

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

• Positive Sentiment: KeyCorp raised its price target on Cisco to $130 from $125 and reiterated an Overweight rating, signaling continued analyst confidence in upside from current levels. Benzinga
• Positive Sentiment: New coverage highlighted Cisco’s growing role in AI infrastructure, including Acacia/800G optics orders and broader demand tied to AI data center spending, which supports the long-term growth story. Article
• Positive Sentiment: Rafay Systems said it expanded its Elevate AI infrastructure ecosystem with growing relationships including Cisco, reinforcing Cisco’s visibility in the AI and cloud-native infrastructure market. Article
• Neutral Sentiment: Recent commentary noted Cisco has outperformed some competitors despite a weaker trading session, suggesting relative resilience rather than a major new catalyst. Article
• Neutral Sentiment: Several market-wrap and valuation pieces described Cisco as a hold or a value stock after its strong run, which may be tempering near-term enthusiasm even as fundamentals remain solid. Article
• Negative Sentiment: Shares were recently weaker than the broader market in the latest session, reflecting some profit-taking after the stock’s sharp rally. Article

Cisco Systems Stock Performance

Shares of CSCO opened at $118.97 on Friday. The company has a 50-day moving average of $109.17 and a two-hundred day moving average of $89.29. The stock has a market cap of $468.91 billion, a price-to-earnings ratio of 38.63, a PEG ratio of 3.06 and a beta of 1.01. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.92 and a quick ratio of 0.81. Cisco Systems, Inc. has a one year low of $65.75 and a one year high of $130.37.

Cisco Systems (NASDAQ:CSCO) last released its quarterly earnings results on Wednesday, May 13th. The network equipment provider reported $1.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.03 by $0.03. The business had revenue of $15.84 billion for the quarter, compared to analyst estimates of $15.56 billion. Cisco Systems had a net margin of 20.14% and a return on equity of 28.44%. The firm’s revenue was up 12.0% compared to the same quarter last year. During the same quarter in the previous year, the business 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. On average, equities research analysts expect that Cisco Systems, Inc. will post 3.53 earnings per share for the current year.

Cisco Systems Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 22nd. Shareholders of record on Monday, July 6th will be paid a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Monday, July 6th. Cisco Systems’s payout ratio is 54.55%.

Analysts Set New Price Targets

CSCO has been the topic of a number of research reports. HSBC upgraded shares of Cisco Systems from a “hold” rating to a “buy” rating and boosted their target price for the stock from $77.00 to $137.00 in a report on Friday, May 15th. KeyCorp lifted their price target on shares of Cisco Systems from $125.00 to $130.00 and gave the stock an “overweight” rating in a research report on Thursday. Barclays upped their price target on Cisco Systems from $76.00 to $121.00 and gave the company an “equal weight” rating in a report on Thursday, May 14th. Citigroup increased their price objective on Cisco Systems from $90.00 to $112.00 and gave the company a “buy” rating in a research report on Thursday, May 14th. Finally, Bank of America raised their price objective on Cisco Systems from $135.00 to $150.00 and gave the stock a “buy” rating in a research note on Monday, June 8th. Two analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $123.14.

Insider Buying and Selling

In other news, insider Jeetendra I. Patel sold 7,169 shares of the stock in a transaction on Friday, May 15th. The stock was sold at an average price of $117.28, for a total value of $840,780.32. Following the completion of the sale, the insider owned 246,737 shares in the company, valued at $28,937,315.36. This represents a 2.82% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Charles Robbins sold 21,400 shares of the firm’s stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $120.03, for a total value of $2,568,642.00. Following the completion of the sale, the chief executive officer directly owned 637,085 shares of the company’s stock, valued at approximately $76,469,312.55. This trade represents a 3.25% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 47,650 shares of company stock valued at $5,668,823. 0.01% of the stock is currently owned by company insiders.

About Cisco Systems

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.