Truist Financial initiated coverage on shares of Cisco Systems (NASDAQ:CSCO – Free Report) in a report published on Tuesday, Marketbeat Ratings reports. The brokerage issued a buy rating and a $94.00 price target on the network equipment provider’s stock.
Several other research firms have also commented on CSCO. HSBC lifted their price objective on shares of Cisco Systems from $74.00 to $77.00 and gave the stock a “hold” rating in a research note on Friday, February 13th. BNP Paribas Exane upped their price target on shares of Cisco Systems from $86.00 to $87.00 and gave the company an “outperform” rating in a report on Thursday, February 12th. Rosenblatt Securities restated a “buy” rating and set a $100.00 target price on shares of Cisco Systems in a research report on Thursday, February 12th. Wall Street Zen downgraded Cisco Systems from a “buy” rating to a “hold” rating in a report on Saturday, March 14th. Finally, Argus upgraded Cisco Systems to a “strong-buy” rating in a report on Friday, February 13th. Three equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $89.76.
Read Our Latest Report on CSCO
Cisco Systems Stock Performance
Cisco Systems (NASDAQ:CSCO – Get Free Report) last issued its quarterly earnings data on Wednesday, February 11th. The network equipment provider reported $1.04 earnings per share for the quarter, topping the consensus estimate of $1.02 by $0.02. The company had revenue of $15.35 billion for the quarter, compared to analysts’ expectations of $15.11 billion. Cisco Systems had a return on equity of 27.88% and a net margin of 19.22%.The firm’s revenue for the quarter was up 9.7% on a year-over-year basis. During the same period in the previous year, the firm posted $0.94 earnings per share. On average, equities research analysts forecast that Cisco Systems will post 3.04 EPS for the current fiscal year.
Cisco Systems Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 22nd. Shareholders of record on Thursday, April 2nd will be issued a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a yield of 2.2%. The ex-dividend date is Thursday, April 2nd. This is an increase from Cisco Systems’s previous quarterly dividend of $0.41. Cisco Systems’s dividend payout ratio (DPR) is 57.54%.
Insiders Place Their Bets
In other news, EVP Oliver Tuszik sold 3,132 shares of the stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $79.74, for a total transaction of $249,745.68. Following the transaction, the executive vice president owned 188,613 shares of the company’s stock, valued at approximately $15,040,000.62. This represents a 1.63% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Charles Robbins sold 19,545 shares of Cisco Systems stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $76.00, for a total value of $1,485,420.00. Following the completion of the sale, the chief executive officer owned 671,095 shares of the company’s stock, valued at $51,003,220. The trade was a 2.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 46,431 shares of company stock worth $3,574,820. 0.01% of the stock is owned by company insiders.
Institutional Trading of Cisco Systems
A number of hedge funds have recently bought and sold shares of the stock. Smithfield Trust Co boosted its position in Cisco Systems by 0.3% during the fourth quarter. Smithfield Trust Co now owns 33,666 shares of the network equipment provider’s stock valued at $2,596,000 after purchasing an additional 117 shares in the last quarter. Main Management ETF Advisors LLC boosted its holdings in shares of Cisco Systems by 1.0% in the 4th quarter. Main Management ETF Advisors LLC now owns 12,528 shares of the network equipment provider’s stock valued at $965,000 after buying an additional 128 shares in the last quarter. First Commonwealth Financial Corp PA raised its stake in shares of Cisco Systems by 0.9% during the 4th quarter. First Commonwealth Financial Corp PA now owns 13,656 shares of the network equipment provider’s stock worth $1,052,000 after acquiring an additional 128 shares in the last quarter. Cairn Investment Group Inc. lifted its position in Cisco Systems by 0.5% during the fourth quarter. Cairn Investment Group Inc. now owns 24,146 shares of the network equipment provider’s stock valued at $1,860,000 after acquiring an additional 130 shares during the last quarter. Finally, Juncture Wealth Strategies LLC boosted its stake in Cisco Systems by 0.9% in the fourth quarter. Juncture Wealth Strategies LLC now owns 15,042 shares of the network equipment provider’s stock valued at $1,159,000 after acquiring an additional 132 shares in the last quarter. Hedge funds and other institutional investors own 73.33% of the company’s stock.
More Cisco Systems News
Here are the key news stories impacting Cisco Systems this week:
- Positive Sentiment: Truist initiated coverage with a “buy” and $94 price target, giving analysts’ backing that can attract demand and support the rally. Truist starts coverage on Cisco with buy and $94 PT
- Positive Sentiment: Beacon Investment Advisory increased its stake modestly (8,879 shares), a signal of institutional accumulation that can be viewed as incremental support. Beacon Investment Advisory Services Inc. Acquires 8,879 Shares of Cisco Systems, Inc. $CSCO
- Neutral Sentiment: Arista (ANET) is reporting sizable margin expansion driven by AI networking demand — this highlights strong sector demand but also competitive pressure that could influence Cisco’s margin outlook over time. ANET’s Margin Expansion Moderates: Can Growth Be Sustained?
- Neutral Sentiment: Several recent analyst/appeal pieces review Cisco’s pullback and valuation, providing balanced perspectives that may attract longer-term investors evaluating entry after recent volatility. Is It Too Late To Consider Cisco Systems (CSCO) After Its Recent Share Price Pullback?
- Negative Sentiment: Reports tied to a recent Trivy breach suggested a cyberattack link; Cisco says it contained the issue, but security incident headlines briefly pressured sentiment and can amplify risk aversion in networking names. Cisco Stock (CSCO) Wobbles after Reports of Cyberattack Linked to Recent Trivy Breach
- Negative Sentiment: Escalating Middle East tensions — including threats from Iran’s Revolutionary Guard against Western tech firms — are driving broader market volatility and weighing on stocks with global enterprise exposure. Iran’s Revolutionary Guard Threatens to Strike U.S. Companies in Mideast
- Negative Sentiment: Macro headlines and risk-off flows linked to the Middle East drove a recent session where Cisco fell more than the broader market, showing sensitivity to geopolitical shocks despite company-specific fundamentals. Here’s Why Cisco Systems (CSCO) Fell More Than Broader Market
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.
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