AGF Management Ltd. Purchases 22,759 Shares of Cisco Systems, Inc. $CSCO

AGF Management Ltd. increased its position in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 3.6% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 646,555 shares of the network equipment provider’s stock after purchasing an additional 22,759 shares during the period. AGF Management Ltd.’s holdings in Cisco Systems were worth $44,237,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of CSCO. Bare Financial Services Inc boosted its position in shares of 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 in the last quarter. Marquette Asset Management LLC acquired a new stake in Cisco Systems during the third quarter valued at approximately $25,000. Financial Connections Group Inc. grew its stake in shares of Cisco Systems by 89.4% in the 2nd 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 acquired a new position in shares of Cisco Systems in the 2nd quarter worth approximately $28,000. Finally, Lowe Wealth Advisors LLC lifted its position 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 worth $28,000 after buying an additional 200 shares during the period. 73.33% of the stock is owned by institutional investors.

Cisco Systems Price Performance

Shares of CSCO stock opened at $78.32 on Monday. Cisco Systems, Inc. has a 1 year low of $52.11 and a 1 year high of $80.82. The company has a current ratio of 0.93, a quick ratio of 0.83 and a debt-to-equity ratio of 0.46. The firm’s 50 day moving average is $76.75 and its 200-day moving average is $72.15. The firm has a market capitalization of $309.45 billion, a price-to-earnings ratio of 29.44, a PEG ratio of 2.96 and a beta of 0.87.

Cisco Systems (NASDAQ:CSCO) last issued its quarterly earnings results 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. Cisco Systems had a net margin of 18.38% and a return on equity of 27.29%. The business had revenue of $14.88 billion during the quarter, compared to analyst estimates of $14.77 billion. During the same quarter last year, the business posted $0.91 earnings per share. Cisco Systems’s revenue for the quarter 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. Sell-side analysts forecast that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.

Cisco Systems Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 21st. Investors 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 yield of 2.1%. Cisco Systems’s dividend payout ratio (DPR) is currently 61.65%.

Analysts Set New Price Targets

CSCO has been the topic of a number of analyst reports. Melius Research upped their price target on Cisco Systems from $84.00 to $100.00 and gave the company a “buy” rating in a research report on Thursday, November 13th. Bank of America upped their target price on shares of Cisco Systems from $85.00 to $95.00 and gave the stock a “buy” rating in a report on Thursday, November 13th. Zacks Research raised shares of Cisco Systems from a “hold” rating to a “strong-buy” rating in a report on Monday, January 26th. Barclays upped their price objective on shares of Cisco Systems from $71.00 to $76.00 and gave the stock an “equal weight” rating in a research note on Thursday, November 13th. Finally, BNP Paribas Exane lifted their target price on shares of Cisco Systems from $76.00 to $86.00 and gave the company an “outperform” rating in a research note on Thursday, November 13th. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $86.81.

Insider Transactions at Cisco Systems

In other news, EVP Thimaya K. Subaiya sold 1,745 shares of Cisco Systems stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $79.46, for a total transaction of $138,657.70. Following the completion of the sale, the executive vice president owned 176,319 shares in the company, valued at $14,010,307.74. The trade was a 0.98% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Charles Robbins sold 116,734 shares of the business’s stock in a transaction that occurred on Tuesday, November 18th. The stock was sold at an average price of $77.30, for a total transaction of $9,023,538.20. Following the sale, the chief executive officer directly owned 704,153 shares of the company’s stock, valued at approximately $54,431,026.90. This trade represents a 14.22% decrease in their ownership of the stock. 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 valued at $81,397,635. 0.01% of the stock is currently owned by insiders.

Cisco Systems Company 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.