Cisco Systems (NASDAQ:CSCO) Shares Up 1.4% on Analyst Upgrade

Shares of Cisco Systems, Inc. (NASDAQ:CSCO) traded up 1.4% during mid-day trading on Monday after Erste Group Bank upgraded the stock from a hold rating to a buy rating. The company traded as high as $72.50 and last traded at $72.09. 21,517,863 shares changed hands during mid-day trading, an increase of 4% from the average session volume of 20,639,670 shares. The stock had previously closed at $71.07.

Several other analysts have also recently issued reports on CSCO. Wells Fargo & Company increased their target price on Cisco Systems from $75.00 to $83.00 and gave the stock an “overweight” rating in a research report on Thursday, August 14th. Piper Sandler upped their price target on Cisco Systems from $64.00 to $70.00 and gave the stock a “neutral” rating in a research note on Thursday, August 14th. Hsbc Global Res lowered shares of Cisco Systems from a “strong-buy” rating to a “hold” rating in a report on Friday, August 15th. HSBC reissued a “hold” rating and issued a $69.00 target price on shares of Cisco Systems in a report on Friday, August 15th. Finally, CICC Research began coverage on shares of Cisco Systems in a research note on Monday, July 14th. They set an “outperform” rating and a $78.00 target price for the company. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat.com, Cisco Systems presently has an average rating of “Moderate Buy” and a consensus price target of $75.50.

Insider Transactions at Cisco Systems

In other 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 sale, the executive vice president directly owned 157,184 shares in the company, valued at approximately $10,701,086.72. This represents a 1.70% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Maria Victoria Wong sold 428 shares of the business’s stock in a transaction that occurred on Thursday, September 11th. The stock was sold at an average price of $68.25, for a total value of $29,211.00. Following the sale, the senior vice president directly owned 30,619 shares in the company, valued at $2,089,746.75. The trade was a 1.38% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 82,965 shares of company stock worth $5,559,996. 0.01% of the stock is currently owned by corporate insiders.

Institutional Trading of Cisco Systems

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

Cisco Systems Price Performance

The stock has a 50 day moving average of $69.25 and a 200-day moving average of $67.05. The company has a current ratio of 1.00, a quick ratio of 0.91 and a debt-to-equity ratio of 0.49. The stock has a market capitalization of $284.09 billion, a P/E ratio of 27.52, a price-to-earnings-growth ratio of 3.00 and a beta of 0.95.

Cisco Systems (NASDAQ:CSCO) last released its earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share for the quarter, topping analysts’ consensus estimates of $0.98 by $0.01. The business had revenue of $14.67 billion for the quarter, compared to analyst estimates of $14.63 billion. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The business’s revenue was up 7.6% compared to the same quarter last year. During the same quarter last 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. On average, equities research analysts anticipate that Cisco Systems, Inc. will post 3.04 earnings per share for the current fiscal year.

Cisco Systems Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 22nd. Shareholders of record on Friday, October 3rd were given a $0.41 dividend. This represents a $1.64 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend was Friday, October 3rd. Cisco Systems’s payout ratio is 62.60%.

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.