Cerity Partners LLC Acquires 27,257 Shares of Cisco Systems, Inc. $CSCO

Cerity Partners LLC grew its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 1.1% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 2,515,793 shares of the network equipment provider’s stock after acquiring an additional 27,257 shares during the period. Cerity Partners LLC owned about 0.06% of Cisco Systems worth $172,132,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of CSCO. Brighton Jones LLC raised its position 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 worth $4,392,000 after acquiring an additional 24,562 shares during the last quarter. Revolve Wealth Partners LLC increased its position in Cisco Systems by 37.0% during the 4th quarter. Revolve Wealth Partners LLC now owns 9,156 shares of the network equipment provider’s stock valued at $542,000 after purchasing an additional 2,474 shares during the period. Petrus Trust Company LTA bought a new position in Cisco Systems during the 1st quarter worth approximately $221,000. Dynamic Technology Lab Private Ltd acquired a new position in shares of Cisco Systems in the 1st quarter worth approximately $618,000. Finally, Fred Alger Management LLC boosted its stake in shares of Cisco Systems by 54.4% in the 1st quarter. Fred Alger Management LLC now owns 111,211 shares of the network equipment provider’s stock valued at $6,863,000 after purchasing an additional 39,161 shares during the last quarter. Institutional investors and hedge funds own 73.33% of the company’s stock.

Cisco Systems Stock Down 0.5%

CSCO stock opened at $75.23 on Wednesday. The stock’s 50 day simple moving average is $76.29 and its 200 day simple moving average is $71.26. The company has a market cap of $297.24 billion, a P/E ratio of 28.28, a price-to-earnings-growth ratio of 2.86 and a beta of 0.87. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.83 and a current ratio of 0.93. Cisco Systems, Inc. has a fifty-two week low of $52.11 and a fifty-two week high of $80.82.

Cisco Systems (NASDAQ:CSCO) last released its quarterly earnings data 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 27.29% and a net margin of 18.38%.The firm had revenue of $14.88 billion during the quarter, compared to the consensus estimate of $14.77 billion. During the same quarter in the previous year, the company posted $0.91 earnings per share. The company’s quarterly revenue was up 7.5% on a year-over-year basis. 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, research analysts expect that Cisco Systems, Inc. will post 3.04 earnings per share for the current fiscal year.

Cisco Systems Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 21st. Shareholders of record on Friday, January 2nd will be issued a dividend of $0.41 per share. The ex-dividend date is Friday, January 2nd. This represents a $1.64 annualized dividend and a yield of 2.2%. Cisco Systems’s dividend payout ratio is presently 61.65%.

Insider Activity

In other Cisco Systems news, EVP Thimaya K. Subaiya sold 56,038 shares of the business’s stock in a transaction that occurred on Wednesday, November 19th. The stock was sold at an average price of $78.33, for a total transaction of $4,389,456.54. Following the completion of the sale, the executive vice president directly owned 179,780 shares of the company’s stock, valued at approximately $14,082,167.40. The trade was a 23.76% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Jeetendra I. Patel sold 163,896 shares of the stock in a transaction that occurred on 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 completion of the sale, the insider directly owned 281,108 shares of the company’s stock, 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. Over the last three months, insiders sold 1,044,865 shares of company stock valued at $81,397,635. 0.01% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. Barclays lifted their target price on shares of Cisco Systems from $71.00 to $76.00 and gave the stock an “equal weight” rating in a research note on Thursday, November 13th. Citigroup lifted their price objective on Cisco Systems from $80.00 to $85.00 and gave the stock a “buy” rating in a research report on Thursday, November 13th. Melius Research upped their target price on Cisco Systems from $84.00 to $100.00 and gave the company a “buy” rating in a research report on Thursday, November 13th. Erste Group Bank raised Cisco Systems from a “hold” rating to a “buy” rating in a research note on Monday, November 10th. Finally, CICC Research boosted their price target on Cisco Systems from $78.00 to $84.00 and gave the company an “outperform” rating in a research note on Friday, November 14th. Sixteen investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $85.23.

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.