Cisco Systems, Inc. $CSCO Shares Sold by Baillie Gifford & Co.

Baillie Gifford & Co. cut its stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 2.8% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,026,106 shares of the network equipment provider’s stock after selling 29,079 shares during the period. Baillie Gifford & Co.’s holdings in Cisco Systems were worth $70,206,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in CSCO. Brighton Jones LLC lifted its position in Cisco Systems by 49.5% during the fourth quarter. Brighton Jones LLC now owns 74,187 shares of the network equipment provider’s stock valued at $4,392,000 after buying an additional 24,562 shares in the last quarter. Revolve Wealth Partners LLC increased its position in shares of Cisco Systems by 37.0% in the fourth quarter. Revolve Wealth Partners LLC now owns 9,156 shares of the network equipment provider’s stock worth $542,000 after acquiring an additional 2,474 shares in the last quarter. Sivia Capital Partners LLC raised its stake in shares of Cisco Systems by 7.5% in the 2nd quarter. Sivia Capital Partners LLC now owns 10,178 shares of the network equipment provider’s stock valued at $706,000 after acquiring an additional 712 shares during the period. Banque Pictet & Cie SA lifted its holdings in shares of Cisco Systems by 1.0% during the 2nd quarter. Banque Pictet & Cie SA now owns 55,168 shares of the network equipment provider’s stock valued at $3,813,000 after acquiring an additional 535 shares in the last quarter. Finally, Strategic Investment Solutions Inc. IL boosted its position in Cisco Systems by 54.8% during the 2nd quarter. Strategic Investment Solutions Inc. IL now owns 692 shares of the network equipment provider’s stock worth $48,000 after purchasing an additional 245 shares during the period. 73.33% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other Cisco Systems news, EVP Thimaya K. Subaiya sold 1,745 shares of the stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $79.46, for a total transaction of $138,657.70. Following the transaction, the executive vice president owned 176,319 shares of the company’s stock, valued at $14,010,307.74. This trade represents a 0.98% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Michael D. Capellas sold 10,850 shares of the business’s stock in a transaction that occurred on Friday, December 19th. The shares were sold at an average price of $77.13, for a total value of $836,860.50. Following the completion of the sale, the director owned 146,368 shares of the company’s stock, valued at $11,289,363.84. This trade represents a 6.90% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,044,865 shares of company stock valued at $81,397,635 over the last three months. Company insiders own 0.01% of the company’s stock.

Cisco Systems Stock Performance

Cisco Systems stock opened at $74.59 on Friday. Cisco Systems, Inc. has a 52 week low of $52.11 and a 52 week 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 has a market cap of $294.71 billion, a P/E ratio of 28.04, a price-to-earnings-growth ratio of 2.82 and a beta of 0.87. The stock has a 50 day moving average of $76.62 and a 200-day moving average of $71.76.

Cisco Systems (NASDAQ:CSCO) last posted its quarterly earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.98 by $0.02. The firm had revenue of $14.88 billion for the quarter, compared to analysts’ expectations of $14.77 billion. Cisco Systems had a net margin of 18.38% and a return on equity of 27.29%. The firm’s quarterly revenue was up 7.5% on a year-over-year basis. During the same period in the prior year, the company posted $0.91 earnings per share. 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, analysts expect that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.

Cisco Systems Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 21st. Investors of record on Friday, January 2nd were issued a $0.41 dividend. This represents a $1.64 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend was Friday, January 2nd. Cisco Systems’s payout ratio is currently 61.65%.

Analysts Set New Price Targets

CSCO has been the topic of a number of recent research reports. Evercore ISI boosted their price objective on Cisco Systems from $74.00 to $80.00 and gave the stock an “in-line” rating in a research note on Thursday, November 13th. UBS Group raised their target price on Cisco Systems from $88.00 to $90.00 and gave the company a “buy” rating in a report on Thursday, November 13th. Bank of America upped their price target on Cisco Systems from $85.00 to $95.00 and gave the stock a “buy” rating in a report on Thursday, November 13th. CICC Research increased their price objective on shares of Cisco Systems from $78.00 to $84.00 and gave the company an “outperform” rating in a research report on Friday, November 14th. Finally, Citic Securities boosted their target price on shares of Cisco Systems from $75.00 to $90.00 in a research report on Monday, November 17th. Fifteen analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $85.86.

Cisco Systems 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.