Nan Shan Life Insurance Co. Ltd. Boosts Stock Position in Cisco Systems, Inc. $CSCO

Nan Shan Life Insurance Co. Ltd. raised its holdings in Cisco Systems, Inc. (NASDAQ:CSCO) by 79.8% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 193,106 shares of the network equipment provider’s stock after purchasing an additional 85,704 shares during the quarter. Nan Shan Life Insurance Co. Ltd.’s holdings in Cisco Systems were worth $22,682,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the business. Intesa Sanpaolo Wealth Management bought a new stake in Cisco Systems in the fourth quarter worth about $25,000. MidAtlantic Capital Management Inc. bought a new position in shares of Cisco Systems during the 4th quarter valued at approximately $25,000. Networth Advisors LLC increased its stake in shares of Cisco Systems by 276.4% during the 1st quarter. Networth Advisors LLC now owns 335 shares of the network equipment provider’s stock worth $26,000 after purchasing an additional 246 shares during the last quarter. Manning & Napier Advisors LLC raised its holdings in shares of Cisco Systems by 137.0% in the 1st quarter. Manning & Napier Advisors LLC now owns 346 shares of the network equipment provider’s stock worth $27,000 after purchasing an additional 200 shares during the period. Finally, Financial Life Planners bought a new stake in shares of Cisco Systems in the 1st quarter worth approximately $27,000. 73.33% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. Citic Securities raised their target price on Cisco Systems from $90.00 to $130.00 in a research report on Friday, May 15th. HSBC lowered shares of Cisco Systems from a “buy” rating to a “hold” rating and lowered their price target for the company from $137.00 to $120.00 in a research report on Friday, August 14th. Freedom Capital raised shares of Cisco Systems from a “hold” rating to a “strong-buy” rating in a report on Sunday, August 16th. Wells Fargo & Company raised their price target on Cisco Systems from $130.00 to $150.00 and gave the stock an “overweight” rating in a report on Thursday, August 13th. Finally, JPMorgan Chase & Co. boosted their price objective on Cisco Systems from $95.00 to $96.00 in a research note on Monday, May 11th. Two research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat, Cisco Systems currently has a consensus rating of “Moderate Buy” and a consensus price target of $129.68.

Cisco Systems Stock Down 0.7%

Shares of NASDAQ:CSCO opened at $109.74 on Wednesday. The company has a market cap of $432.53 billion, a price-to-earnings ratio of 32.86, a PEG ratio of 2.32 and a beta of 1.00. Cisco Systems, Inc. has a one year low of $66.13 and a one year high of $130.37. The firm has a fifty day moving average price of $114.76 and a two-hundred day moving average price of $101.68. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.93 and a quick ratio of 0.79.

Cisco Systems (NASDAQ:CSCO) last issued its quarterly earnings results on Wednesday, August 12th. The network equipment provider reported $1.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.17 by $0.05. The firm had revenue of $17.25 billion during the quarter, compared to the consensus estimate of $16.84 billion. Cisco Systems had a return on equity of 30.16% and a net margin of 20.95%.The company’s revenue for the quarter was up 17.6% on a year-over-year basis. During the same quarter last year, the company posted $0.99 EPS. Cisco Systems has set its FY 2027 guidance at 5.050-5.110 EPS and its Q1 2027 guidance at 1.320-1.340 EPS. Analysts anticipate that Cisco Systems, Inc. will post 4.44 EPS for the current fiscal year.

Cisco Systems Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 21st. Stockholders of record on Friday, October 2nd will be issued a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend is Friday, October 2nd. Cisco Systems’s payout ratio is currently 50.30%.

Insider Buying and Selling

In other Cisco Systems news, EVP Deborah L. Stahlkopf sold 6,487 shares of Cisco Systems stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $111.53, for a total transaction of $723,495.11. Following the completion of the sale, the executive vice president owned 167,116 shares of the company’s stock, valued at $18,638,447.48. The trade was a 3.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Oliver Tuszik sold 2,760 shares of the stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $112.46, for a total value of $310,389.60. Following the transaction, the executive vice president owned 165,276 shares in the company, valued at $18,586,938.96. This trade represents a 1.64% 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 sold 53,611 shares of company stock valued at $6,066,680 in the last three months. 0.01% of the stock is owned by corporate insiders.

Key Stories Impacting Cisco Systems

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

• Positive Sentiment: Deutsche Bank initiated coverage of Cisco Systems with a “Buy” rating and a $135 price target, implying substantial upside from the referenced share price. The endorsement supports the bullish case for Cisco’s networking and AI growth prospects. Tuesday Wall Street analyst research calls
• Positive Sentiment: Cisco, AMD and HUMAIN said AI infrastructure using AMD Instinct MI355X systems and Cisco Silicon One networking is now live in Saudi Arabia. The partners plan additional deployments of up to 250 megawatts beginning in 2027, with a broader ambition of as much as 1 gigawatt by 2030. The projects provide potential long-term demand for Cisco’s AI networking products. AMD, Cisco and HUMAIN expand Saudi Arabia AI infrastructure
• Positive Sentiment: Analyst commentary also highlighted an earlier-than-expected enterprise technology refresh as a potential “second engine” for growth, complementing Cisco’s AI networking opportunity. Cisco’s second growth engine
• Neutral Sentiment: Cisco will meet investors at several September technology and financial conferences. These events could provide updates on enterprise demand, AI networking, margins and guidance, but no new financial outlook was announced. Cisco September investor events
• Negative Sentiment: Cisco disclosed that the China-linked “Fire Ant” group has targeted Cisco IOS XR routers and obtained persistent access to high-value network infrastructure. The espionage campaign raises concerns about customer network security, potential remediation costs and reputational damage to Cisco’s core routing business. Fire Ant router espionage and Cisco investors

Cisco Systems Company Profile

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.