Cisco Systems (NASDAQ:CSCO) Rating Increased to Buy at UBS Group

UBS Group upgraded shares of Cisco Systems (NASDAQ:CSCO) from a neutral rating to a buy rating in a research note released on Monday morning, MarketBeat reports. The brokerage currently has $88.00 target price on the network equipment provider’s stock, up from their previous target price of $74.00.

Several other research analysts have also recently weighed in on the stock. William Blair raised shares of Cisco Systems to a “hold” rating in a report on Thursday, August 14th. CICC Research initiated coverage on shares of Cisco Systems in a report on Monday, July 14th. They issued an “outperform” rating and a $78.00 price target on the stock. JPMorgan Chase & Co. upped their target price on shares of Cisco Systems from $73.00 to $78.00 and gave the stock an “overweight” rating in a research report on Thursday, July 17th. Bank of America upped their target price on shares of Cisco Systems from $76.00 to $85.00 and gave the stock a “buy” rating in a research report on Thursday, August 14th. Finally, Barclays upped their target price on shares of Cisco Systems from $66.00 to $71.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 14th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $75.50.

Cisco Systems Trading Up 1.8%

Cisco Systems stock opened at $74.45 on Monday. The stock has a market cap of $293.39 billion, a P/E ratio of 28.42, a PEG ratio of 3.00 and a beta of 0.97. Cisco Systems has a fifty-two week low of $52.11 and a fifty-two week high of $74.84. The firm’s fifty day moving average price is $68.97 and its 200-day moving average price is $66.48. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.91 and a current ratio of 1.00.

Cisco Systems (NASDAQ:CSCO) last released its quarterly earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share for the quarter, topping the consensus estimate of $0.98 by $0.01. The firm had revenue of $14.67 billion for the quarter, compared to analysts’ expectations of $14.63 billion. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. The business’s quarterly revenue was up 7.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.87 earnings per share. Cisco Systems has set its Q1 2026 guidance at 0.970-0.990 EPS. FY 2026 guidance at 4.000-4.060 EPS. Equities research analysts forecast that Cisco Systems will post 3.04 earnings per share for the current fiscal year.

Cisco Systems Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 22nd. Shareholders of record on Friday, October 3rd were given a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a yield of 2.2%. The ex-dividend date was Friday, October 3rd. Cisco Systems’s dividend payout ratio is presently 62.60%.

Insider Buying and Selling at Cisco Systems

In other Cisco Systems news, EVP Deborah L. Stahlkopf sold 2,718 shares of the company’s stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $68.08, for a total transaction of $185,041.44. Following the completion of the sale, the executive vice president directly owned 157,184 shares in the company, valued at $10,701,086.72. This represents a 1.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Charles Robbins sold 30,557 shares of the company’s stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $66.63, for a total transaction of $2,036,012.91. Following the sale, the chief executive officer owned 639,000 shares of the company’s stock, valued at approximately $42,576,570. The trade was a 4.56% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 82,965 shares of company stock valued at $5,559,996. 0.01% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Cisco Systems

Several hedge funds and other institutional investors have recently modified their holdings of CSCO. Brighton Jones LLC raised its stake in shares of Cisco Systems by 49.5% during the fourth quarter. Brighton Jones LLC now owns 74,187 shares of the network equipment provider’s stock valued at $4,392,000 after acquiring an additional 24,562 shares during the last quarter. Revolve Wealth Partners LLC raised its stake in shares of Cisco Systems by 37.0% during the fourth quarter. Revolve Wealth Partners LLC now owns 9,156 shares of the network equipment provider’s stock valued at $542,000 after acquiring an additional 2,474 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in shares of Cisco Systems by 8.2% during the first quarter. Envestnet Asset Management Inc. now owns 9,119,411 shares of the network equipment provider’s stock valued at $562,759,000 after acquiring an additional 690,170 shares during the last quarter. Capital Advisors Inc. OK raised its stake in shares of Cisco Systems by 3.0% during the first quarter. Capital Advisors Inc. OK now owns 757,973 shares of the network equipment provider’s stock valued at $46,775,000 after acquiring an additional 21,962 shares during the last quarter. Finally, TD Private Client Wealth LLC raised its stake in shares of Cisco Systems by 6.8% during the first quarter. TD Private Client Wealth LLC now owns 103,804 shares of the network equipment provider’s stock valued at $6,406,000 after acquiring an additional 6,647 shares during the last quarter. 73.33% of the stock is owned by institutional investors.

About Cisco Systems

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.