Cisco Systems (NASDAQ:CSCO) Price Target Raised to $82.00

Cisco Systems (NASDAQ:CSCO) had its price target upped by Morgan Stanley from $77.00 to $82.00 in a research note issued to investors on Thursday morning,Benzinga reports. Morgan Stanley currently has an overweight rating on the network equipment provider’s stock.

CSCO has been the subject of several other research reports. Wells Fargo & Company raised their price objective on shares of Cisco Systems from $75.00 to $83.00 and gave the company an “overweight” rating in a research note on Thursday, August 14th. JPMorgan Chase & Co. lifted their price target on shares of Cisco Systems from $73.00 to $78.00 and gave the company an “overweight” rating in a research report on Thursday, July 17th. Hsbc Global Res cut Cisco Systems from a “strong-buy” rating to a “hold” rating in a report on Friday, August 15th. HSBC reaffirmed a “hold” rating and set a $69.00 price objective on shares of Cisco Systems in a report on Friday, August 15th. Finally, Piper Sandler increased their price objective on shares of Cisco Systems from $64.00 to $70.00 and gave the company a “neutral” rating in a research note on Thursday, August 14th. Sixteen research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $83.75.

Cisco Systems Trading Up 0.8%

NASDAQ CSCO opened at $78.00 on Thursday. Cisco Systems has a 52-week low of $52.11 and a 52-week high of $79.50. The firm has a 50-day moving average price of $69.87 and a 200 day moving average price of $67.49. The stock has a market capitalization of $307.38 billion, a P/E ratio of 29.77, a P/E/G ratio of 3.00 and a beta of 0.95. The company has a quick ratio of 0.91, a current ratio of 1.00 and a debt-to-equity ratio of 0.49.

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

Cisco Systems Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 21st. Shareholders of record on Friday, January 2nd will be issued a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date is Friday, January 2nd. Cisco Systems’s dividend payout ratio (DPR) is 61.65%.

Insider Transactions 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 stock was 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 sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Maria Victoria Wong sold 428 shares of the stock in a transaction that occurred on Thursday, September 11th. The stock was sold at an average price of $68.25, for a total transaction of $29,211.00. Following the sale, the senior vice president directly owned 30,619 shares of the company’s stock, valued at approximately $2,089,746.75. This trade represents a 1.38% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 33,089 shares of company stock worth $2,236,383 in the last three months. 0.01% of the stock is currently owned by insiders.

Institutional Trading of Cisco Systems

A number of institutional investors have recently added to or reduced their stakes in the business. Benchmark Financial Wealth Advisors LLC increased its stake in Cisco Systems by 1.4% during the 3rd quarter. Benchmark Financial Wealth Advisors LLC now owns 10,449 shares of the network equipment provider’s stock worth $715,000 after acquiring an additional 142 shares during the period. Cobblestone Capital Advisors LLC NY grew its holdings in shares of Cisco Systems by 0.6% during the 3rd quarter. Cobblestone Capital Advisors LLC NY now owns 24,622 shares of the network equipment provider’s stock worth $1,685,000 after purchasing an additional 142 shares in the last quarter. Yoder Wealth Management Inc. increased its position 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 worth $270,000 after purchasing an additional 143 shares during the period. Weaver Consulting Group raised its stake in Cisco Systems by 1.5% in the third quarter. Weaver Consulting Group now owns 9,940 shares of the network equipment provider’s stock valued at $680,000 after purchasing an additional 145 shares in the last quarter. Finally, Mount Vernon Associates Inc. MD lifted its position in Cisco Systems by 0.4% during the second quarter. Mount Vernon Associates Inc. MD now owns 41,379 shares of the network equipment provider’s stock worth $2,871,000 after purchasing an additional 150 shares during the period. 73.33% of the stock is owned by hedge funds and other 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.