Handelsbanken Fonder AB Has $211.56 Million Stock Holdings in Cisco Systems, Inc. $CSCO

Handelsbanken Fonder AB lifted its stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 7.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,049,243 shares of the network equipment provider’s stock after acquiring an additional 223,142 shares during the period. Cisco Systems makes up about 0.8% of Handelsbanken Fonder AB’s investment portfolio, making the stock its 18th largest holding. Handelsbanken Fonder AB owned about 0.08% of Cisco Systems worth $211,556,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Legacy Investment Solutions LLC acquired a new stake in shares of Cisco Systems in the second quarter valued at approximately $28,000. Financial Connections Group Inc. grew its position in Cisco Systems by 89.4% in the second quarter. Financial Connections Group Inc. now owns 409 shares of the network equipment provider’s stock valued at $28,000 after purchasing an additional 193 shares in the last quarter. Brown Shipley& Co Ltd acquired a new stake in Cisco Systems in the 2nd quarter valued at $32,000. Pandora Wealth Inc. bought a new stake in Cisco Systems during the 1st quarter worth about $31,000. Finally, Nova Wealth Management Inc. acquired a new position in shares of Cisco Systems during the 1st quarter worth about $31,000. Institutional investors and hedge funds own 73.33% of the company’s stock.

Insider Activity at Cisco Systems

In related news, EVP Deborah L. Stahlkopf sold 164,584 shares of Cisco Systems stock in a transaction that occurred on Friday, November 14th. The stock was sold at an average price of $77.85, for a total transaction of $12,812,864.40. Following the completion of the sale, the executive vice president directly owned 196,738 shares of the company’s stock, valued at approximately $15,316,053.30. This trade represents a 45.55% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Charles Robbins sold 281,860 shares of the business’s stock in a transaction on Monday, November 17th. The shares were sold at an average price of $78.35, for a total value of $22,083,731.00. Following the completion of the sale, the chief executive officer owned 820,887 shares of the company’s stock, valued at $64,316,496.45. This trade represents a 25.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 1,017,988 shares of company stock valued at $79,085,621 in the last 90 days. Corporate insiders own 0.01% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on CSCO shares. Argus lifted their target price on Cisco Systems from $80.00 to $100.00 in a research report on Thursday, November 13th. Barclays boosted their price target on Cisco Systems from $71.00 to $76.00 and gave the stock an “equal weight” rating in a research report on Thursday, November 13th. HSBC increased their price objective on Cisco Systems from $69.00 to $74.00 and gave the company a “hold” rating in a report on Friday, November 14th. Piper Sandler boosted their target price on shares of Cisco Systems from $70.00 to $86.00 and gave the stock a “neutral” rating in a report on Thursday, November 13th. Finally, JPMorgan Chase & Co. increased their price target on shares of Cisco Systems from $80.00 to $90.00 and gave the company an “overweight” rating in a research note on Thursday, November 13th. Seventeen research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $84.14.

Cisco Systems Trading Down 3.8%

CSCO stock opened at $75.44 on Friday. Cisco Systems, Inc. has a one year low of $52.11 and a one year high of $80.06. The stock has a market cap of $297.29 billion, a price-to-earnings ratio of 28.79, a price-to-earnings-growth ratio of 3.00 and a beta of 0.95. The company has a fifty day moving average price of $70.65 and a two-hundred day moving average price of $67.95. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.00 and a quick ratio of 0.91.

Cisco Systems (NASDAQ:CSCO) last posted its earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.98 by $0.02. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. The company had revenue of $14.88 billion during the quarter, compared to analysts’ expectations of $14.77 billion. During the same quarter last year, the company posted $0.91 EPS. Cisco Systems’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. Equities analysts anticipate that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Dividend Announcement

The company 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 of this dividend is Friday, January 2nd. This represents a $1.64 annualized dividend and a dividend yield of 2.2%. Cisco Systems’s dividend payout ratio is presently 61.65%.

Cisco Systems 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.