Shares of Cisco Systems, Inc. (NASDAQ:CSCO – Get Free Report) fell 2.4% on Tuesday . The stock traded as low as $73.21 and last traded at $73.35. 23,789,204 shares traded hands during mid-day trading, an increase of 24% from the average session volume of 19,173,459 shares. The stock had previously closed at $75.19.
Wall Street Analyst Weigh In
A number of analysts have recently weighed in on CSCO shares. CICC Research upped their target price on shares of Cisco Systems from $78.00 to $84.00 and gave the stock an “outperform” rating in a research report on Friday, November 14th. Citic Securities raised their target price on shares of Cisco Systems from $75.00 to $90.00 in a research note on Monday, November 17th. Morgan Stanley lifted their price target on Cisco Systems from $82.00 to $91.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 17th. BNP Paribas Exane lifted their price objective on Cisco Systems from $76.00 to $86.00 and gave the stock an “outperform” rating in a report on Thursday, November 13th. Finally, Barclays increased their price objective 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. Sixteen equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $85.23.
View Our Latest Research Report on CSCO
Cisco Systems Stock Performance
Cisco Systems (NASDAQ:CSCO – Get Free Report) last issued its 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 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 analyst estimates of $14.77 billion. During the same period in the previous year, the company posted $0.91 EPS. Cisco Systems’s revenue was up 7.5% on a year-over-year basis. 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 year.
Cisco Systems Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 21st. Investors of record on Friday, January 2nd will be issued 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 is Friday, January 2nd. Cisco Systems’s dividend payout ratio (DPR) is 61.65%.
Insider Transactions at Cisco Systems
In other news, EVP Deborah L. Stahlkopf sold 164,584 shares of the company’s stock in a transaction that occurred on 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 transaction, the executive vice president directly owned 196,738 shares of the company’s stock, valued at $15,316,053.30. This represents a 45.55% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP Thimaya K. Subaiya sold 56,038 shares of the business’s stock in a transaction dated 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 of the company’s stock, valued at $14,082,167.40. This represents a 23.76% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,044,865 shares of company stock worth $81,397,635 over the last quarter. Company insiders own 0.01% of the company’s stock.
Hedge Funds Weigh In On Cisco Systems
A number of institutional investors have recently bought and sold shares of CSCO. Bare Financial Services Inc increased its stake in Cisco Systems by 531.0% during the second quarter. Bare Financial Services Inc now owns 366 shares of the network equipment provider’s stock worth $25,000 after acquiring an additional 308 shares during the last quarter. Marquette Asset Management LLC acquired a new position in Cisco Systems in the 3rd quarter valued at about $25,000. Financial Connections Group Inc. increased its stake in Cisco Systems by 89.4% during the second quarter. Financial Connections Group Inc. now owns 409 shares of the network equipment provider’s stock worth $28,000 after purchasing an additional 193 shares during the period. Legacy Investment Solutions LLC acquired a new stake in shares of Cisco Systems during the second quarter worth about $28,000. Finally, Lowe Wealth Advisors LLC boosted 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 valued at $28,000 after purchasing an additional 200 shares during the period. 73.33% of the stock is owned by hedge funds and other institutional investors.
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.
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