National Pension Service Buys 273,795 Shares of Cisco Systems, Inc. $CSCO

National Pension Service increased its stake in Cisco Systems, Inc. (NASDAQ:CSCO) by 3.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,323,224 shares of the network equipment provider’s stock after buying an additional 273,795 shares during the quarter. National Pension Service owned about 0.24% of Cisco Systems worth $637,895,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of CSCO. Vanguard Group Inc. increased 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 worth $27,334,996,000 after purchasing an additional 5,039,714 shares during the period. State Street Corp increased its position in Cisco Systems by 0.6% during the 2nd quarter. State Street Corp now owns 194,695,250 shares of the network equipment provider’s stock valued at $13,507,956,000 after purchasing an additional 1,067,872 shares during the period. Geode Capital Management LLC raised 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 bought a new position in Cisco Systems in the second quarter worth approximately $3,816,825,000. Finally, Invesco Ltd. raised its position in shares of Cisco Systems by 3.0% in the 2nd quarter. Invesco Ltd. now owns 48,531,251 shares of the network equipment provider’s stock worth $3,367,098,000 after acquiring an additional 1,414,105 shares in the last quarter. Institutional investors own 73.33% of the company’s stock.

Insider Transactions at Cisco Systems

In other Cisco Systems news, CEO Charles Robbins sold 281,860 shares of the firm’s stock in a transaction 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 of the company’s stock, valued at $64,316,496.45. This trade represents a 25.56% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Thimaya K. Subaiya sold 56,038 shares of the company’s stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $78.33, for a total transaction of $4,389,456.54. Following the completion of the transaction, the executive vice president directly owned 179,780 shares in the company, valued at $14,082,167.40. The trade was a 23.76% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 1,044,865 shares of company stock valued at $81,397,635 in the last ninety days. 0.01% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. Bank of America raised their price target on shares of Cisco Systems from $85.00 to $95.00 and gave the company a “buy” rating in a report on Thursday, November 13th. President Capital cut their target price on Cisco Systems from $90.00 to $88.00 in a research report on Wednesday, December 24th. Evercore ISI raised Cisco Systems from an “in-line” rating to an “outperform” rating and increased their price objective for the company from $80.00 to $100.00 in a report on Monday, January 26th. Barclays raised their price target on shares of Cisco Systems from $71.00 to $76.00 and gave the stock an “equal weight” rating in a research report on Thursday, November 13th. Finally, Wall Street Zen lowered Cisco Systems from a “buy” rating to a “hold” rating in a research note on Saturday, November 22nd. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $86.81.

Cisco Systems Stock Performance

Shares of NASDAQ:CSCO opened at $78.32 on Friday. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.93 and a quick ratio of 0.83. Cisco Systems, Inc. has a 1 year low of $52.11 and a 1 year high of $80.82. The firm has a market capitalization of $309.45 billion, a PE ratio of 29.44, a P/E/G ratio of 2.97 and a beta of 0.87. The business’s 50 day moving average price is $76.75 and its 200-day moving average price is $72.08.

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

Cisco Systems Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 21st. Shareholders of record on Friday, January 2nd were issued a $0.41 dividend. This represents a $1.64 annualized dividend and a yield of 2.1%. The ex-dividend date was Friday, January 2nd. Cisco Systems’s payout ratio is presently 61.65%.

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.