Conning Inc. decreased its stake in Cisco Systems, Inc. (NASDAQ:CSCO – Free Report) by 12.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 446,614 shares of the network equipment provider’s stock after selling 64,520 shares during the period. Cisco Systems makes up 1.2% of Conning Inc.’s portfolio, making the stock its 16th biggest position. Conning Inc.’s holdings in Cisco Systems were worth $34,403,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other large investors have also modified their holdings of the stock. New York Life Investment Management LLC raised its holdings in shares of Cisco Systems by 0.9% during the 4th quarter. New York Life Investment Management LLC now owns 585,333 shares of the network equipment provider’s stock valued at $45,088,000 after buying an additional 5,308 shares during the period. Cornerstone Wealth Management LLC boosted its holdings in Cisco Systems by 4.1% in the 4th quarter. Cornerstone Wealth Management LLC now owns 47,466 shares of the network equipment provider’s stock worth $3,656,000 after acquiring an additional 1,888 shares during the period. Simmons Bank grew its position in Cisco Systems by 2.2% in the fourth quarter. Simmons Bank now owns 146,999 shares of the network equipment provider’s stock valued at $11,323,000 after acquiring an additional 3,122 shares in the last quarter. Bank Julius Baer & Co. Ltd Zurich raised its stake in shares of Cisco Systems by 875.6% during the fourth quarter. Bank Julius Baer & Co. Ltd Zurich now owns 4,084,965 shares of the network equipment provider’s stock valued at $314,925,000 after purchasing an additional 3,666,258 shares during the period. Finally, Fourier Capital Management Ltd purchased a new stake in shares of Cisco Systems during the fourth quarter valued at approximately $3,573,000. Institutional investors and hedge funds own 73.33% of the company’s stock.
Cisco Systems Stock Up 13.4%
Shares of NASDAQ:CSCO opened at $115.53 on Friday. The firm has a market cap of $456.33 billion, a PE ratio of 37.51, a price-to-earnings-growth ratio of 3.82 and a beta of 0.92. The company has a fifty day simple moving average of $84.66 and a 200 day simple moving average of $79.68. The company has a current ratio of 0.96, a quick ratio of 0.85 and a debt-to-equity ratio of 0.45. Cisco Systems, Inc. has a 12-month low of $62.30 and a 12-month high of $119.36.
Cisco Systems Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 22nd. Investors of record on Monday, July 6th will be paid a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date is Monday, July 6th. Cisco Systems’s dividend payout ratio (DPR) is 54.55%.
Insider Transactions at Cisco Systems
In other news, EVP Oliver Tuszik sold 3,132 shares of Cisco Systems stock in a transaction that occurred on Wednesday, March 18th. The stock was sold at an average price of $79.74, for a total value of $249,745.68. Following the completion of the transaction, the executive vice president owned 188,613 shares in the company, valued at approximately $15,040,000.62. This trade represents a 1.63% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Deborah L. Stahlkopf sold 7,981 shares of the business’s stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $79.50, for a total value of $634,489.50. Following the completion of the sale, the executive vice president owned 187,097 shares of the company’s stock, valued at $14,874,211.50. This trade represents a 4.09% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 15,587 shares of company stock valued at $1,230,765 in the last three months. Corporate insiders own 0.01% of the company’s stock.
Trending Headlines about Cisco Systems
Here are the key news stories impacting Cisco Systems this week:
- Positive Sentiment: Cisco reported record quarterly revenue of $15.84 billion and adjusted EPS of $1.06, both ahead of estimates, showing broad-based demand strength across networking and related products.
- Positive Sentiment: The company raised its FY2026 and Q4 guidance, signaling management confidence that demand remains strong and AI-related orders should continue to support growth.
- Positive Sentiment: Cisco said hyperscaler AI infrastructure orders are accelerating, with commentary around a “networking supercycle” helping shift investor sentiment toward a longer growth runway. Article: Cisco CEO says tech is entering a ‘networking supercycle’ as stock pops 14% on strong AI demand
- Positive Sentiment: Several brokerages lifted price targets after the earnings beat, reinforcing optimism that the stock still has room to run.
- Neutral Sentiment: Cisco also announced a restructuring plan and roughly 4,000 job cuts to redirect spending toward AI, which may improve efficiency but adds some execution risk as the business mix changes.
- Neutral Sentiment: There was notable insider selling activity in recent months, though the market today appears focused more on the earnings and AI growth story than on governance signals.
Analysts Set New Price Targets
Several brokerages have recently weighed in on CSCO. DZ Bank upgraded shares of Cisco Systems to a “strong-buy” rating in a research note on Friday, February 13th. Barclays boosted their price objective on shares of Cisco Systems from $76.00 to $121.00 in a report on Thursday. Erste Group Bank cut shares of Cisco Systems from a “buy” rating to a “hold” rating in a research report on Wednesday, February 18th. Truist Financial initiated coverage on Cisco Systems in a research note on Tuesday, March 31st. They set a “buy” rating and a $94.00 target price for the company. Finally, Citigroup lifted their target price on Cisco Systems from $90.00 to $112.00 and gave the stock a “buy” rating in a research report on Thursday. Three investment analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and nine have given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $110.00.
Read Our Latest Research Report on CSCO
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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