CX Institutional Has $9.88 Million Holdings in Cisco Systems, Inc. $CSCO

CX Institutional increased its holdings in Cisco Systems, Inc. (NASDAQ:CSCO) by 11.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 144,336 shares of the network equipment provider’s stock after purchasing an additional 14,334 shares during the quarter. CX Institutional’s holdings in Cisco Systems were worth $9,875,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of CSCO. Bare Financial Services Inc raised its position in shares of Cisco Systems by 531.0% during the second quarter. Bare Financial Services Inc now owns 366 shares of the network equipment provider’s stock worth $25,000 after acquiring an additional 308 shares during the last quarter. Financial Connections Group Inc. increased its position in Cisco Systems by 89.4% during the 2nd quarter. Financial Connections Group Inc. now owns 409 shares of the network equipment provider’s stock valued at $28,000 after purchasing an additional 193 shares during the period. Legacy Investment Solutions LLC bought a new position in Cisco Systems during the 2nd quarter worth approximately $28,000. Lowe Wealth Advisors LLC raised its holdings in Cisco Systems by 96.2% during the 3rd quarter. Lowe Wealth Advisors LLC now owns 408 shares of the network equipment provider’s stock worth $28,000 after purchasing an additional 200 shares during the last quarter. Finally, Nova Wealth Management Inc. acquired a new position in shares of Cisco Systems in the 1st quarter worth approximately $31,000. 73.33% of the stock is owned by institutional investors.

Cisco Systems Stock Down 0.5%

Shares of NASDAQ:CSCO opened at $75.23 on Wednesday. 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 52-week low of $52.11 and a 52-week high of $80.82. The business’s 50 day simple moving average is $76.29 and its two-hundred day simple moving average is $71.26. The firm has a market cap of $297.24 billion, a P/E ratio of 28.28, a PEG ratio of 2.86 and a beta of 0.87.

Cisco Systems (NASDAQ:CSCO) last issued its earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 earnings per share for the quarter, topping analysts’ consensus estimates of $0.98 by $0.02. Cisco Systems had a return on equity of 27.29% and a net margin of 18.38%.The company had revenue of $14.88 billion for the quarter, compared to analyst estimates of $14.77 billion. During the same period in the prior year, the firm earned $0.91 earnings per share. Cisco Systems’s revenue for the quarter 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. As a group, research analysts forecast that Cisco Systems, Inc. will post 3.04 EPS 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. Stockholders of record on Friday, January 2nd will be issued a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date is Friday, January 2nd. Cisco Systems’s dividend payout ratio (DPR) is currently 61.65%.

Analyst Upgrades and Downgrades

CSCO has been the subject of a number of analyst reports. HSBC lifted their target price on shares of Cisco Systems from $69.00 to $74.00 and gave the stock a “hold” rating in a research note on Friday, November 14th. Barclays lifted their price objective on Cisco Systems from $71.00 to $76.00 and gave the stock an “equal weight” rating in a research report on Thursday, November 13th. BNP Paribas Exane upped their target price on Cisco Systems from $76.00 to $86.00 and gave the company an “outperform” rating in a research report on Thursday, November 13th. Piper Sandler lifted their target price on Cisco Systems from $70.00 to $86.00 and gave the stock a “neutral” rating in a report on Thursday, November 13th. Finally, Bank of America boosted their price target on Cisco Systems from $85.00 to $95.00 and gave the company a “buy” rating in a research note on Thursday, November 13th. Sixteen research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $85.23.

Insider Activity at Cisco Systems

In other news, Director Kristina M. Johnson sold 13,481 shares of the stock in a transaction that occurred on Thursday, December 18th. The stock was sold at an average price of $77.13, for a total value of $1,039,789.53. Following the completion of the sale, the director directly owned 61,630 shares of the company’s stock, valued at $4,753,521.90. This represents a 17.95% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Charles Robbins sold 116,734 shares of Cisco Systems stock in a transaction that occurred on Tuesday, November 18th. The shares were sold at an average price of $77.30, for a total value of $9,023,538.20. Following the transaction, the chief executive officer directly owned 704,153 shares in the company, valued at approximately $54,431,026.90. The trade was a 14.22% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,044,865 shares of company stock valued at $81,397,635 over the last quarter. 0.01% of the stock is currently owned by company insiders.

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.