Novare Capital Management LLC Cuts Position in Cisco Systems, Inc. $CSCO

Novare Capital Management LLC reduced its position in Cisco Systems, Inc. (NASDAQ:CSCO) by 3.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 195,348 shares of the network equipment provider’s stock after selling 6,838 shares during the period. Cisco Systems makes up approximately 1.0% of Novare Capital Management LLC’s holdings, making the stock its 29th largest holding. Novare Capital Management LLC’s holdings in Cisco Systems were worth $13,366,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of CSCO. Benchmark Financial Wealth Advisors LLC increased its holdings in Cisco Systems by 1.4% in the 3rd quarter. Benchmark Financial Wealth Advisors LLC now owns 10,449 shares of the network equipment provider’s stock valued at $715,000 after purchasing an additional 142 shares in the last quarter. Yoder Wealth Management Inc. grew its stake in shares of Cisco Systems by 3.8% in the third quarter. Yoder Wealth Management Inc. now owns 3,945 shares of the network equipment provider’s stock valued at $270,000 after buying an additional 143 shares in the last quarter. Mount Vernon Associates Inc. MD lifted its position in Cisco Systems by 0.4% during the 2nd quarter. Mount Vernon Associates Inc. MD now owns 41,379 shares of the network equipment provider’s stock worth $2,871,000 after acquiring an additional 150 shares in the last quarter. Wynn Capital LLC boosted its holdings in Cisco Systems by 0.3% in the 3rd quarter. Wynn Capital LLC now owns 48,456 shares of the network equipment provider’s stock worth $3,315,000 after acquiring an additional 150 shares during the period. Finally, Old North State Trust LLC lifted its position in shares of Cisco Systems by 0.6% during the second quarter. Old North State Trust LLC now owns 24,534 shares of the network equipment provider’s stock worth $1,702,000 after purchasing an additional 151 shares in the last quarter. Institutional investors and hedge funds own 73.33% of the company’s stock.

Cisco Systems Stock Up 2.2%

Cisco Systems stock opened at $78.68 on Wednesday. The firm has a market capitalization of $310.87 billion, a P/E ratio of 29.58, a P/E/G ratio of 2.91 and a beta of 0.87. The company has a 50-day simple moving average of $76.63 and a 200-day simple moving average of $71.92. Cisco Systems, Inc. has a one year low of $52.11 and a one year high of $80.82. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.83 and a current ratio of 0.93.

Cisco Systems (NASDAQ:CSCO) last posted its earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 EPS for the quarter, topping the consensus estimate of $0.98 by $0.02. The firm had revenue of $14.88 billion during the quarter, compared to analysts’ expectations of $14.77 billion. Cisco Systems had a net margin of 18.38% and a return on equity of 27.29%. Cisco Systems’s quarterly revenue was up 7.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.91 EPS. Cisco Systems has set its FY 2026 guidance at 4.080-4.140 EPS and its Q2 2026 guidance at 1.010-1.030 EPS. As a group, equities analysts expect that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.

Cisco Systems Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 21st. Stockholders of record on Friday, January 2nd were paid a $0.41 dividend. The ex-dividend date of this dividend was Friday, January 2nd. This represents a $1.64 annualized dividend and a dividend yield of 2.1%. Cisco Systems’s dividend payout ratio is presently 61.65%.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of Cisco Systems in a research report on Thursday, October 30th. Zacks Research upgraded Cisco Systems from a “hold” rating to a “strong-buy” rating in a research note on Monday. HSBC increased their target price on Cisco Systems from $69.00 to $74.00 and gave the company a “hold” rating in a research note on Friday, November 14th. UBS Group boosted their target price on shares of Cisco Systems from $88.00 to $90.00 and gave the stock a “buy” rating in a research report on Thursday, November 13th. Finally, CICC Research boosted their price target on Cisco Systems from $78.00 to $84.00 and gave the company an “outperform” rating in a report on Friday, November 14th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat.com, Cisco Systems has a consensus rating of “Moderate Buy” and an average price target of $86.81.

Trending Headlines about Cisco Systems

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

• Positive Sentiment: Evercore ISI upgraded CSCO to “Outperform” and raised its price target to $100, signaling ~27% upside from recent levels and prompting buying interest from investors. Evercore ISI Upgrades Cisco Systems (NASDAQ:CSCO) to “Outperform”
• Positive Sentiment: Multiple analysts have lifted targets and upgraded ratings in the past few days, boosting bullish sentiment and liquidity into the name. Higher analyst conviction supports near-term upside. Cisco Systems Trending as Analysts Lift Targets
• Positive Sentiment: Cisco launched the “Cisco 360” partner program designed for the AI era, intended to accelerate partner-led sales into AI-ready data centers, workplaces, and security — a strategic move to monetize AI infrastructure demand. Cisco Launches New Cisco 360 Partner Program, Built with Partners for the AI Era
• Positive Sentiment: Corporate research from Cisco highlights rising AI-driven spending on privacy, governance and infrastructure — supporting long-term TAM expansion for networking, security and observability products. AI Fuels Surge in Data Privacy Investments and Redefines Governance, Cisco Reports
• Neutral Sentiment: Local wins such as Georgetown’s Wi‑Fi 7 overhaul with Cisco underscore product demand and campus networking relevance but are likely incremental to overall revenue trends. Does Georgetown’s Wi‑Fi 7 Overhaul With Cisco (CSCO) Redefine Its Campus AI Networking Edge?
• Neutral Sentiment: Reported short-interest data this week appears anomalous (showing zero shares), so it’s not a meaningful immediate signal for squeezes or added pressure.
• Neutral Sentiment: Market write-ups and tape headlines (Zacks, Seeking Alpha summaries) note the stock’s recent gains and analyst activity; these amplify momentum but don’t add new fundamentals. Cisco Systems (CSCO) Rises Higher Than Market: Key Facts
• Negative Sentiment: CEO Chuck Robbins warned investors to expect “AI carnage” when the bubble bursts, signaling management awareness of volatile demand dynamics that could lead to differentiation among winners and losers and potential multiple compression. Cisco Boss Robbins Warns Investors of “AI Carnage” Ahead as Winners and Losers Emerge
• Negative Sentiment: Some bearish analyst/commentary pieces (e.g., Forbes suggesting a sell case and lower-price scenarios) add downside narrative that could temper momentum if macro or AI spending headlines turn negative. Is It Time To Sell Cisco Stock?

Insiders Place Their Bets

In other Cisco Systems news, Director Michael D. Capellas sold 10,850 shares of the company’s stock in a transaction on Friday, December 19th. The stock was sold at an average price of $77.13, for a total value of $836,860.50. Following the transaction, the director owned 146,368 shares of the company’s stock, valued at approximately $11,289,363.84. This represents a 6.90% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Thimaya K. Subaiya sold 1,745 shares of the company’s stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $79.46, for a total transaction of $138,657.70. Following the sale, the executive vice president directly owned 176,319 shares of the company’s stock, valued at $14,010,307.74. This represents a 0.98% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 1,044,865 shares of company stock valued at $81,397,635. Corporate insiders own 0.01% of the company’s stock.

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.