Asset Management One Co. Ltd. Decreases Position in Cisco Systems, Inc. $CSCO

Asset Management One Co. Ltd. trimmed its position in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 2.3% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 2,088,426 shares of the network equipment provider’s stock after selling 48,659 shares during the period. Asset Management One Co. Ltd. owned about 0.05% of Cisco Systems worth $142,890,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the business. Vanguard Group Inc. lifted its stake in Cisco Systems by 1.3% in the second quarter. Vanguard Group Inc. now owns 393,989,568 shares of the network equipment provider’s stock valued at $27,334,996,000 after buying an additional 5,039,714 shares during the last quarter. State Street Corp raised its position in Cisco Systems by 0.6% in the second quarter. State Street Corp now owns 194,695,250 shares of the network equipment provider’s stock worth $13,507,956,000 after acquiring an additional 1,067,872 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Cisco Systems by 1.2% in the 2nd quarter. Geode Capital Management LLC now owns 99,252,395 shares of the network equipment provider’s stock valued at $6,864,058,000 after purchasing an additional 1,157,704 shares in the last quarter. Norges Bank purchased a new position in Cisco Systems in the second quarter valued at about $3,816,825,000. Finally, Invesco Ltd. raised its holdings in Cisco Systems by 3.0% during the second quarter. Invesco Ltd. now owns 48,531,251 shares of the network equipment provider’s stock worth $3,367,098,000 after purchasing an additional 1,414,105 shares during the last quarter. Hedge funds and other institutional investors own 73.33% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently commented on CSCO. Melius Research increased their price objective on Cisco Systems from $84.00 to $100.00 and gave the company a “buy” rating in a research note on Thursday, November 13th. HSBC upped 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. Morgan Stanley raised their price target on shares of Cisco Systems from $82.00 to $91.00 and gave the company an “overweight” rating in a report on Wednesday, December 17th. Argus upped their target price on Cisco Systems from $80.00 to $100.00 in a research report on Thursday, November 13th. Finally, Citic Securities lifted their price target on shares of Cisco Systems from $75.00 to $90.00 in a research note on Monday, November 17th. Seventeen equities 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, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $84.70.

Insider Activity

In other Cisco Systems news, EVP Deborah L. Stahlkopf sold 164,584 shares of the firm’s 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 sale, the executive vice president owned 196,738 shares of the company’s stock, valued at $15,316,053.30. This trade represents a 45.55% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Jeetendra I. Patel sold 163,896 shares of Cisco Systems stock in a transaction dated Friday, November 14th. The stock was sold at an average price of $77.86, for a total value of $12,760,942.56. Following the sale, the insider directly owned 281,108 shares in the company, valued at approximately $21,887,068.88. This trade represents a 36.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 1,044,865 shares of company stock valued at $81,397,635. 0.01% of the stock is currently owned by company insiders.

Cisco Systems Trading Down 1.3%

Shares of NASDAQ:CSCO opened at $76.04 on Friday. The company has a 50 day moving average of $76.15 and a 200-day moving average of $71.09. 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 firm has a market cap of $300.44 billion, a P/E ratio of 28.59, a P/E/G ratio of 2.88 and a beta of 0.87. Cisco Systems, Inc. has a twelve month low of $52.11 and a twelve month high of $80.82.

Cisco Systems (NASDAQ:CSCO) last released its earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 EPS for the quarter, topping analysts’ consensus estimates of $0.98 by $0.02. The business had revenue of $14.88 billion for the quarter, compared to the consensus estimate of $14.77 billion. Cisco Systems had a net margin of 18.38% and a return on equity of 27.29%. The business’s revenue for the quarter was up 7.5% on a year-over-year basis. During the same period in the previous 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, analysts anticipate that Cisco Systems, Inc. will post 3.04 earnings per share for the current fiscal year.

Cisco Systems Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 21st. Stockholders of record on Friday, January 2nd will be paid a dividend of $0.41 per share. The ex-dividend date of this dividend is Friday, January 2nd. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.2%. Cisco Systems’s dividend payout ratio (DPR) is 61.65%.

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.