Intact Investment Management Inc. Decreases Holdings in Cisco Systems, Inc. $CSCO

Intact Investment Management Inc. lowered its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 2.7% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 252,400 shares of the network equipment provider’s stock after selling 7,100 shares during the period. Intact Investment Management Inc.’s holdings in Cisco Systems were worth $17,269,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in CSCO. Bare Financial Services Inc boosted its holdings 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 valued at $25,000 after acquiring an additional 308 shares during the period. Marquette Asset Management LLC purchased a new stake in shares of Cisco Systems during the third quarter valued at approximately $25,000. Financial Connections Group Inc. boosted its stake in shares of Cisco Systems by 89.4% during the second quarter. Financial Connections Group Inc. now owns 409 shares of the network equipment provider’s stock valued at $28,000 after purchasing an additional 193 shares during the period. Legacy Investment Solutions LLC purchased a new position in shares of Cisco Systems in the second quarter worth $28,000. Finally, Lowe Wealth Advisors LLC increased its stake in shares of Cisco Systems by 96.2% in the third quarter. Lowe Wealth Advisors LLC now owns 408 shares of the network equipment provider’s stock worth $28,000 after buying an additional 200 shares during the period. 73.33% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several brokerages have recently commented on CSCO. Rosenblatt Securities upped their price objective on shares of Cisco Systems from $87.00 to $100.00 and gave the company a “buy” rating in a research note on Thursday, November 13th. Wells Fargo & Company boosted their price objective on shares of Cisco Systems from $83.00 to $95.00 and gave the company an “overweight” rating in a research report on Thursday, November 13th. UBS Group raised their target price on shares of Cisco Systems from $88.00 to $90.00 and gave the stock a “buy” rating in a research report on Thursday, November 13th. President Capital cut their target price on shares of Cisco Systems from $90.00 to $88.00 in a research note on Wednesday, December 24th. Finally, BNP Paribas Exane increased their price target on shares of Cisco Systems from $76.00 to $86.00 and gave the stock an “outperform” rating in a research note on Thursday, November 13th. Fifteen analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $85.86.

Cisco Systems Stock Performance

Cisco Systems stock opened at $74.59 on Monday. Cisco Systems, Inc. has a twelve month low of $52.11 and a twelve month high of $80.82. The company has a quick ratio of 0.83, a current ratio of 0.93 and a debt-to-equity ratio of 0.46. The company has a market capitalization of $294.71 billion, a P/E ratio of 28.04, a PEG ratio of 2.82 and a beta of 0.87. The stock’s 50 day moving average is $76.62 and its 200 day moving average is $71.78.

Cisco Systems (NASDAQ:CSCO) last announced its quarterly earnings data on Wednesday, November 12th. The network equipment provider reported $1.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.98 by $0.02. Cisco Systems had a return on equity of 27.29% and a net margin of 18.38%.The business had revenue of $14.88 billion during the quarter, compared to analysts’ expectations of $14.77 billion. During the same quarter in the previous year, the business earned $0.91 earnings per share. The firm’s quarterly revenue was up 7.5% compared to the same quarter last year. 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, equities research analysts predict that Cisco Systems, Inc. will post 3.04 earnings per share 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 given a dividend of $0.41 per share. 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 dividend payout ratio is 61.65%.

Insider Buying and Selling at Cisco Systems

In other Cisco Systems news, SVP Maria Victoria Wong sold 428 shares of Cisco Systems stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $80.33, for a total value of $34,381.24. Following the completion of the transaction, the senior vice president directly owned 32,176 shares of the company’s stock, valued at approximately $2,584,698.08. The trade was a 1.31% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Kristina M. Johnson sold 13,481 shares of the company’s stock in a transaction that occurred on Thursday, December 18th. The stock was sold at an average price of $77.13, for a total transaction of $1,039,789.53. Following the completion of the transaction, the director owned 61,630 shares in the company, valued at approximately $4,753,521.90. This represents a 17.95% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 1,044,865 shares of company stock worth $81,397,635 in the last 90 days. Insiders own 0.01% of the company’s stock.

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.