Cisco Systems (NASDAQ:CSCO) Given New $88.00 Price Target at President Capital

Cisco Systems (NASDAQ:CSCO) had its price target decreased by President Capital from $90.00 to $88.00 in a research report report published on Wednesday morning,MarketScreener reports.

CSCO has been the subject of a number of other reports. Piper Sandler raised their price target on Cisco Systems from $70.00 to $86.00 and gave the stock a “neutral” rating in a research note on Thursday, November 13th. HSBC increased their price objective on Cisco Systems from $69.00 to $74.00 and gave the stock a “hold” rating in a report on Friday, November 14th. Evercore ISI lifted their target price on shares of Cisco Systems from $74.00 to $80.00 and gave the company an “in-line” rating in a research note on Thursday, November 13th. BNP Paribas Exane increased their price target on shares of Cisco Systems from $76.00 to $86.00 and gave the stock an “outperform” rating in a research note on Thursday, November 13th. Finally, Melius Research lifted their price objective on shares of Cisco Systems from $84.00 to $100.00 and gave the company a “buy” rating in a research note on Thursday, November 13th. Seventeen analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $84.70.

Cisco Systems Stock Performance

Shares of CSCO stock opened at $78.27 on Wednesday. The company has a market capitalization of $309.27 billion, a price-to-earnings ratio of 29.43, a P/E/G ratio of 2.95 and a beta of 0.87. Cisco Systems has a 1-year low of $52.11 and a 1-year high of $80.82. The company has a current ratio of 0.93, a quick ratio of 0.83 and a debt-to-equity ratio of 0.46. The stock’s fifty day simple moving average is $75.16 and its 200-day simple moving average is $70.49.

Cisco Systems (NASDAQ:CSCO) last released its quarterly earnings data on Wednesday, November 12th. The network equipment provider reported $1.00 earnings per share for the quarter, beating the consensus estimate of $0.98 by $0.02. Cisco Systems had a net margin of 18.38% and a return on equity of 27.29%. The firm had revenue of $14.88 billion for the quarter, compared to analyst estimates of $14.77 billion. During the same quarter in the prior year, the business earned $0.91 EPS. The company’s revenue for the quarter 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 and its Q2 2026 guidance at 1.010-1.030 EPS. On average, sell-side analysts predict 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 will be paid on Wednesday, January 21st. Stockholders of record on Friday, January 2nd will be given a $0.41 dividend. This represents a $1.64 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend is Friday, January 2nd. Cisco Systems’s dividend payout ratio (DPR) is currently 61.65%.

Insider Buying and Selling at Cisco Systems

In related news, CEO Charles Robbins sold 281,860 shares of the stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $78.35, for a total transaction of $22,083,731.00. Following the completion of the sale, the chief executive officer owned 820,887 shares in the company, valued at $64,316,496.45. This represents a 25.56% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Deborah L. Stahlkopf sold 164,584 shares of Cisco Systems stock in a transaction that occurred on Friday, November 14th. The stock was sold at an average price of $77.85, for a total value of $12,812,864.40. Following the completion of the transaction, the executive vice president directly owned 196,738 shares in the company, valued at approximately $15,316,053.30. This represents a 45.55% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 1,044,865 shares of company stock worth $81,397,635 in the last ninety days. 0.01% of the stock is owned by insiders.

Institutional Trading of Cisco Systems

Several hedge funds and other institutional investors have recently bought and sold shares of CSCO. Triumph Capital Management acquired a new stake in shares of Cisco Systems during the 3rd quarter valued at about $116,000. AIA Group Ltd boosted its holdings in Cisco Systems by 81.7% in the third quarter. AIA Group Ltd now owns 254,654 shares of the network equipment provider’s stock valued at $17,423,000 after acquiring an additional 114,474 shares during the last quarter. Financial Symmetry Inc raised its stake in shares of Cisco Systems by 2.7% during the third quarter. Financial Symmetry Inc now owns 11,081 shares of the network equipment provider’s stock worth $758,000 after buying an additional 288 shares during the last quarter. Farmers National Bank boosted its position in shares of Cisco Systems by 20.8% in the 3rd quarter. Farmers National Bank now owns 90,426 shares of the network equipment provider’s stock worth $6,187,000 after purchasing an additional 15,581 shares during the last quarter. Finally, Painted Porch Advisors LLC increased its stake in shares of Cisco Systems by 9.9% in the 3rd quarter. Painted Porch Advisors LLC now owns 4,551 shares of the network equipment provider’s stock valued at $311,000 after acquiring an additional 409 shares during the last quarter. 73.33% of the stock is currently owned by institutional investors and hedge funds.

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.