iA Global Asset Management Inc. Decreases Stake in Cisco Systems, Inc. $CSCO

iA Global Asset Management Inc. decreased its position in Cisco Systems, Inc. (NASDAQ:CSCO) by 24.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 462,356 shares of the network equipment provider’s stock after selling 149,014 shares during the period. iA Global Asset Management Inc.’s holdings in Cisco Systems were worth $31,634,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Ridgewood Investments LLC boosted its holdings in Cisco Systems by 35.6% during the third quarter. Ridgewood Investments LLC now owns 11,787 shares of the network equipment provider’s stock worth $806,000 after buying an additional 3,095 shares in the last quarter. Lloyd Advisory Services LLC. increased its position in shares of Cisco Systems by 8.9% during the third quarter. Lloyd Advisory Services LLC. now owns 5,762 shares of the network equipment provider’s stock worth $394,000 after purchasing an additional 470 shares in the last quarter. Atlas Legacy Advisors LLC boosted its stake in Cisco Systems by 31.0% during the 3rd quarter. Atlas Legacy Advisors LLC now owns 8,217 shares of the network equipment provider’s stock worth $562,000 after purchasing an additional 1,944 shares during the last quarter. FWG Holdings LLC grew its holdings in shares of Cisco Systems by 3.3% during the third quarter. FWG Holdings LLC now owns 11,679 shares of the network equipment provider’s stock worth $833,000 after buying an additional 368 shares in the last quarter. Finally, Leelyn Smith LLC boosted its position in Cisco Systems by 4.2% during the third quarter. Leelyn Smith LLC now owns 50,324 shares of the network equipment provider’s stock worth $3,443,000 after acquiring an additional 2,013 shares during the last quarter. Institutional investors and hedge funds own 73.33% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on CSCO. Rosenblatt Securities increased their price objective on Cisco Systems from $87.00 to $100.00 and gave the stock a “buy” rating in a research report on Thursday, November 13th. Erste Group Bank raised Cisco Systems from a “hold” rating to a “buy” rating in a research report on Monday, November 10th. Barclays raised their price target on shares of Cisco Systems from $71.00 to $76.00 and gave the company an “equal weight” rating in a research report on Thursday, November 13th. President Capital lowered their price objective on Cisco Systems from $90.00 to $88.00 in a research report on Wednesday, December 24th. Finally, HSBC boosted their price target on shares of Cisco Systems from $69.00 to $74.00 and gave the stock a “hold” rating in a report on Friday, November 14th. Fifteen analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $85.86.

Insiders Place Their Bets

In other Cisco Systems news, EVP Deborah L. Stahlkopf sold 164,584 shares of the stock in a transaction that occurred 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 of the company’s stock, valued at $15,316,053.30. This trade represents a 45.55% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Jeetendra I. Patel sold 163,896 shares of the business’s stock in a transaction dated Friday, November 14th. The stock was sold at an average price of $77.86, for a total value of $12,760,942.56. Following the sale, the insider owned 281,108 shares of the company’s stock, valued at $21,887,068.88. The trade was a 36.83% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 1,044,865 shares of company stock valued at $81,397,635. 0.01% of the stock is currently owned by insiders.

Cisco Systems Price Performance

Shares of CSCO opened at $74.33 on Friday. The stock’s 50 day moving average is $76.69 and its two-hundred day moving average is $71.70. Cisco Systems, Inc. has a twelve month low of $52.11 and a twelve month high of $80.82. The firm has a market capitalization of $293.68 billion, a PE ratio of 27.94, a P/E/G ratio of 2.79 and a beta of 0.87. The company has a current ratio of 0.93, a quick ratio of 0.83 and a debt-to-equity ratio of 0.46.

Cisco Systems (NASDAQ:CSCO) last announced its quarterly earnings results 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 business 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 company’s quarterly revenue was up 7.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $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. Research analysts anticipate that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.

Cisco Systems Announces Dividend

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

About Cisco Systems

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.