Cisco Systems (NASDAQ:CSCO) Price Target Raised to $100.00 at Melius Research

Cisco Systems (NASDAQ:CSCO) had its price objective raised by Melius Research from $84.00 to $100.00 in a research note issued to investors on Thursday,Benzinga reports. They currently have a buy rating on the network equipment provider’s stock.

A number of other research analysts have also issued reports on the stock. William Blair upgraded shares of Cisco Systems to a “hold” rating in a research note on Thursday, August 14th. JPMorgan Chase & Co. lifted their price target on Cisco Systems from $73.00 to $78.00 and gave the stock an “overweight” rating in a research report on Thursday, July 17th. UBS Group upgraded Cisco Systems from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $74.00 to $88.00 in a research note on Monday, November 3rd. Weiss Ratings reiterated a “buy (b)” rating on shares of Cisco Systems in a research report on Thursday, October 30th. Finally, Barclays lifted their price objective on shares of Cisco Systems from $66.00 to $71.00 and gave the company an “equal weight” rating in a research note on Thursday, August 14th. Sixteen equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to MarketBeat.com, Cisco Systems currently has a consensus rating of “Moderate Buy” and a consensus price target of $83.75.

Cisco Systems Stock Up 0.8%

Shares of Cisco Systems stock traded up $0.62 on Thursday, reaching $78.00. The stock had a trading volume of 38,794,312 shares, compared to its average volume of 21,067,176. The company has a quick ratio of 0.91, a current ratio of 1.00 and a debt-to-equity ratio of 0.49. The stock has a market capitalization of $307.38 billion, a P/E ratio of 29.77, a P/E/G ratio of 3.00 and a beta of 0.95. Cisco Systems has a 1 year low of $52.11 and a 1 year high of $79.50. The company has a 50 day moving average price of $69.64 and a 200 day moving average price of $67.27.

Cisco Systems (NASDAQ:CSCO) last announced its earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.98 by $0.02. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The company had revenue of $14.88 billion for the quarter, compared to analyst estimates of $14.77 billion. During the same period in the prior year, the company posted $0.91 EPS. The firm’s quarterly revenue was up 7.5% compared to the same quarter last year. Cisco Systems has set its FY 2026 guidance at 4.080-4.140 EPS. Q2 2026 guidance at 1.010-1.030 EPS. As a group, equities research analysts forecast that Cisco Systems will post 3.04 EPS for the current year.

Cisco Systems Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 21st. Stockholders of record on Friday, January 2nd will be given a $0.41 dividend. The ex-dividend date is Friday, January 2nd. This represents a $1.64 annualized dividend and a dividend yield of 2.1%. Cisco Systems’s dividend payout ratio (DPR) is 62.60%.

Insider Activity at Cisco Systems

In other news, EVP Deborah L. Stahlkopf sold 2,718 shares of the firm’s stock in a transaction that occurred on Thursday, September 11th. The stock was sold at an average price of $68.08, for a total value of $185,041.44. Following the transaction, the executive vice president owned 157,184 shares in the company, valued at $10,701,086.72. This trade represents a 1.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Oliver Tuszik sold 17,526 shares of the company’s stock in a transaction on Friday, September 19th. The stock was sold at an average price of $67.95, for a total transaction of $1,190,891.70. Following the sale, the executive vice president directly owned 198,855 shares of the company’s stock, valued at $13,512,197.25. The trade was a 8.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 33,089 shares of company stock valued at $2,236,383. 0.01% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Bare Financial Services Inc grew its holdings in Cisco Systems by 531.0% in the 2nd quarter. Bare Financial Services Inc now owns 366 shares of the network equipment provider’s stock valued at $25,000 after buying an additional 308 shares in the last quarter. Marquette Asset Management LLC purchased a new stake in shares of Cisco Systems in the third quarter valued at about $25,000. Financial Connections Group Inc. grew its stake in shares of Cisco Systems by 89.4% in the 2nd quarter. Financial Connections Group Inc. now owns 409 shares of the network equipment provider’s stock valued at $28,000 after buying an additional 193 shares during the period. Legacy Investment Solutions LLC purchased a new stake in Cisco Systems during the second quarter worth about $28,000. Finally, Lowe Wealth Advisors LLC lifted its position in shares of Cisco Systems by 96.2% during the third quarter. Lowe Wealth Advisors LLC now owns 408 shares of the network equipment provider’s stock worth $28,000 after purchasing an additional 200 shares in the last quarter. 73.33% of the stock is currently owned by institutional investors and hedge funds.

Cisco Systems Company Profile

Cisco Systems, Inc designs, manufactures, and sells Internet Protocol based networking and other products related to the communications and information technology industry in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and China. The company also offers switching portfolio encompasses campus switching as well as data center switching; enterprise routing portfolio interconnects public and private wireline and mobile networks, delivering highly secure, and reliable connectivity to campus, data center and branch networks; wireless products include wireless access points and controllers; and compute portfolio including the cisco unified computing system, hyperflex, and software management capabilities, which combine computing, networking, and storage infrastructure management and virtualization.