Cardinal Point Capital Management ULC Buys 13,751 Shares of Cisco Systems, Inc. $CSCO

Cardinal Point Capital Management ULC lifted its stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 6.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 241,236 shares of the network equipment provider’s stock after acquiring an additional 13,751 shares during the quarter. Cisco Systems makes up 1.2% of Cardinal Point Capital Management ULC’s holdings, making the stock its 21st biggest holding. Cardinal Point Capital Management ULC’s holdings in Cisco Systems were worth $16,496,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings 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 valued at $27,334,996,000 after buying an additional 5,039,714 shares during the period. State Street Corp raised its position in shares of Cisco Systems by 0.6% in the 2nd quarter. State Street Corp now owns 194,695,250 shares of the network equipment provider’s stock worth $13,507,956,000 after acquiring an additional 1,067,872 shares in the last quarter. Geode Capital Management LLC raised its position 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 worth $6,864,058,000 after acquiring an additional 1,157,704 shares in the last quarter. Norges Bank acquired a new position in shares of Cisco Systems in the 2nd quarter valued at about $3,816,825,000. Finally, Invesco Ltd. boosted its position in shares of Cisco Systems by 3.0% during the 2nd quarter. Invesco Ltd. now owns 48,531,251 shares of the network equipment provider’s stock valued at $3,367,098,000 after purchasing an additional 1,414,105 shares in the last quarter. 73.33% of the stock is currently owned by institutional investors.

Insider Activity at Cisco Systems

In other news, EVP Thimaya K. Subaiya sold 56,038 shares of Cisco Systems stock in a transaction 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 sale, 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 transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Deborah L. Stahlkopf sold 164,584 shares of Cisco Systems stock in a transaction dated Friday, November 14th. The stock was sold at an average price of $77.85, for a total transaction of $12,812,864.40. Following the completion of the sale, the executive vice president directly owned 196,738 shares in the company, valued at approximately $15,316,053.30. This represents a 45.55% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 1,044,865 shares of company stock valued at $81,397,635 over the last three months. Insiders own 0.01% of the company’s stock.

Wall Street Analysts Forecast Growth

CSCO has been the topic of several recent analyst reports. President Capital dropped their price target on Cisco Systems from $90.00 to $88.00 in a research note on Wednesday, December 24th. JPMorgan Chase & Co. lifted their price objective on shares of Cisco Systems from $80.00 to $90.00 and gave the company an “overweight” rating in a research note on Thursday, November 13th. Morgan Stanley increased their target price on shares of Cisco Systems from $82.00 to $91.00 and gave the stock an “overweight” rating in a research note on Wednesday, December 17th. Bank of America lifted their price target on shares of Cisco Systems from $85.00 to $95.00 and gave the company a “buy” rating in a research note on Thursday, November 13th. Finally, Erste Group Bank upgraded shares of Cisco Systems from a “hold” rating to a “buy” rating in a report on Monday, November 10th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $94.23.

Cisco Systems Price Performance

CSCO stock opened at $84.78 on Monday. 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 has a 50-day simple moving average of $77.35 and a two-hundred day simple moving average of $72.65. The company has a market capitalization of $334.97 billion, a P/E ratio of 31.87, a price-to-earnings-growth ratio of 3.21 and a beta of 0.87. Cisco Systems, Inc. has a 52-week low of $52.11 and a 52-week high of $85.00.

Cisco Systems (NASDAQ:CSCO) last issued its quarterly earnings data on Wednesday, November 12th. The network equipment provider reported $1.00 EPS for the quarter, topping the consensus estimate of $0.98 by $0.02. The firm had revenue of $14.88 billion during the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same period in the prior 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. Research analysts expect that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.

Cisco Systems Announces Dividend

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