Canada Post Corp Registered Pension Plan Grows Holdings in Cisco Systems, Inc. $CSCO

Canada Post Corp Registered Pension Plan lifted its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCOFree Report) by 65.0% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 214,403 shares of the network equipment provider’s stock after purchasing an additional 84,466 shares during the quarter. Canada Post Corp Registered Pension Plan’s holdings in Cisco Systems were worth $14,519,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Bare Financial Services Inc boosted its position in Cisco Systems by 531.0% during the 2nd quarter. Bare Financial Services Inc now owns 366 shares of the network equipment provider’s stock worth $25,000 after purchasing an additional 308 shares during the period. Marquette Asset Management LLC acquired a new position in shares of Cisco Systems during the third quarter worth about $25,000. Financial Connections Group Inc. boosted its position in shares of Cisco Systems by 89.4% in the second quarter. Financial Connections Group Inc. now owns 409 shares of the network equipment provider’s stock worth $28,000 after buying an additional 193 shares during the period. Legacy Investment Solutions LLC acquired a new stake in shares of Cisco Systems in the second quarter valued at about $28,000. Finally, Lowe Wealth Advisors LLC raised its holdings in shares of Cisco Systems by 96.2% during the 3rd quarter. Lowe Wealth Advisors LLC now owns 408 shares of the network equipment provider’s stock valued at $28,000 after buying an additional 200 shares during the period. 73.33% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. Erste Group Bank upgraded Cisco Systems from a “hold” rating to a “buy” rating in a report on Monday, November 10th. JPMorgan Chase & Co. lifted their price objective on Cisco Systems from $80.00 to $90.00 and gave the stock an “overweight” rating in a report on Thursday, November 13th. Citic Securities increased their target price on Cisco Systems from $75.00 to $90.00 in a research note on Monday, November 17th. Zacks Research raised shares of Cisco Systems from a “hold” rating to a “strong-buy” rating in a report on Monday, January 26th. Finally, UBS Group upped their target price on shares of Cisco Systems from $88.00 to $90.00 and gave the company a “buy” rating in a research note on Thursday, November 13th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $90.38.

Check Out Our Latest Stock Analysis on CSCO

Insider Buying and Selling

In other news, EVP Deborah L. Stahlkopf sold 164,584 shares of the stock in a transaction on Friday, November 14th. The shares were sold at an average price of $77.85, for a total transaction of $12,812,864.40. Following the transaction, the executive vice president owned 196,738 shares in the company, valued at $15,316,053.30. This represents a 45.55% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Charles Robbins sold 281,860 shares of the stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $78.35, for a total value of $22,083,731.00. Following the transaction, the chief executive officer directly owned 820,887 shares in the company, valued at approximately $64,316,496.45. This represents a 25.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 1,044,865 shares of company stock worth $81,397,635. Insiders own 0.01% of the company’s stock.

Cisco Systems Stock Up 2.9%

Shares of CSCO stock opened at $84.78 on Friday. Cisco Systems, Inc. has a 1 year low of $52.11 and a 1 year high of $85.00. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.83 and a current ratio of 0.93. The business’s fifty day moving average is $77.35 and its 200-day moving average is $72.59. The stock has a market cap of $334.97 billion, a PE ratio of 31.87, a price-to-earnings-growth ratio of 3.12 and a beta of 0.87.

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

Cisco Systems Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 21st. Stockholders of record on Friday, January 2nd were paid a $0.41 dividend. The ex-dividend date of this dividend was Friday, January 2nd. This represents a $1.64 dividend on an annualized basis and a dividend yield of 1.9%. Cisco Systems’s dividend payout ratio is 61.65%.

Cisco Systems Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Cisco Systems (NASDAQ:CSCO)

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