Smith Chas P & Associates PA Cpas grew its holdings in Cisco Systems, Inc. (NASDAQ:CSCO – Free Report) by 42.5% during the fourth quarter, Holdings Channel reports. The firm owned 130,539 shares of the network equipment provider’s stock after acquiring an additional 38,931 shares during the quarter. Smith Chas P & Associates PA Cpas’ holdings in Cisco Systems were worth $10,055,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Board of the Pension Protection Fund acquired a new position in Cisco Systems during the 4th quarter worth approximately $31,000. EQ Wealth Advisors LLC acquired a new position in Cisco Systems during the 4th quarter worth approximately $31,000. Anfield Capital Management LLC raised its stake in Cisco Systems by 248.9% during the 4th quarter. Anfield Capital Management LLC now owns 485 shares of the network equipment provider’s stock worth $37,000 after buying an additional 346 shares during the period. Joseph Group Capital Management acquired a new position in Cisco Systems during the 4th quarter worth approximately $38,000. Finally, Luken Investment Analytics LLC raised its stake in Cisco Systems by 418.0% during the 4th quarter. Luken Investment Analytics LLC now owns 518 shares of the network equipment provider’s stock worth $40,000 after buying an additional 418 shares during the period. 73.33% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
CSCO has been the topic of a number of research reports. Piper Sandler upped their price target on Cisco Systems from $86.00 to $132.00 and gave the stock a “neutral” rating in a research note on Thursday, May 14th. DZ Bank raised Cisco Systems to a “strong-buy” rating in a research note on Friday, February 13th. Bank of America upped their price target on Cisco Systems from $114.00 to $135.00 and gave the stock a “buy” rating in a research note on Tuesday. The Goldman Sachs Group boosted their price objective on Cisco Systems from $75.00 to $116.00 and gave the stock a “neutral” rating in a report on Thursday, May 14th. Finally, KeyCorp boosted their price objective on Cisco Systems from $87.00 to $125.00 and gave the stock an “overweight” rating in a report on Thursday, May 14th. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat, Cisco Systems currently has a consensus rating of “Moderate Buy” and an average target price of $119.09.
Cisco Systems Stock Performance
Shares of CSCO opened at $119.67 on Thursday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.81 and a current ratio of 0.92. The stock has a 50 day moving average price of $91.81 and a two-hundred day moving average price of $82.58. The firm has a market capitalization of $471.67 billion, a P/E ratio of 38.85, a P/E/G ratio of 3.60 and a beta of 0.92. Cisco Systems, Inc. has a 52 week low of $62.30 and a 52 week high of $120.79.
Cisco Systems (NASDAQ:CSCO – Get Free Report) last issued its quarterly earnings data on Wednesday, May 13th. The network equipment provider reported $1.06 EPS for the quarter, topping analysts’ consensus estimates of $1.03 by $0.03. The firm had revenue of $15.84 billion during the quarter, compared to analyst estimates of $15.56 billion. Cisco Systems had a return on equity of 28.44% and a net margin of 20.14%.The company’s revenue for the quarter was up 12.0% on a year-over-year basis. During the same period in the previous year, the company posted $0.96 EPS. Cisco Systems has set its Q4 2026 guidance at 1.160-1.180 EPS and its FY 2026 guidance at 4.270-4.290 EPS. Equities analysts forecast that Cisco Systems, Inc. will post 3.44 earnings per share for the current fiscal year.
Cisco Systems Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 22nd. Stockholders of record on Monday, July 6th will be issued a $0.42 dividend. The ex-dividend date of this dividend is Monday, July 6th. This represents a $1.68 annualized dividend and a dividend yield of 1.4%. Cisco Systems’s dividend payout ratio is currently 54.55%.
Trending Headlines about Cisco Systems
Here are the key news stories impacting Cisco Systems this week:
- Positive Sentiment: Bank of America raised its price target on Cisco to $135 from $114 and reiterated a Buy rating, citing stronger demand for high-speed optical networking gear tied to AI infrastructure spending. BofA raises Cisco, Ciena targets as AI optics boom accelerates
- Positive Sentiment: Rosenblatt also lifted its price target on Cisco to $150 from $100 and kept a Buy rating after the company’s latest quarterly results, reinforcing optimism around earnings and forward guidance. Rosenblatt Raises its Price Target on Cisco Systems (CSCO)
- Positive Sentiment: Recent coverage continues to frame Cisco as a beneficiary of the AI buildout, with articles highlighting record results and strong momentum in networking demand. AI Buildout Fuels Record Results for These Companies
- Positive Sentiment: Qumulo and Cisco unveiled a new CloudBridge architecture designed to help enterprises extend file workloads into the cloud, which adds to the market’s view that Cisco is benefiting from AI and cloud infrastructure trends. Qumulo and Cisco Deliver Industry-First CloudBridge Architecture…
- Neutral Sentiment: Several momentum-focused articles are spotlighting Cisco as a strong stock pick, but these are largely commentary pieces rather than new business developments. Are You Looking for a Top Momentum Pick? Why Cisco Systems (CSCO) is a Great Choice
- Neutral Sentiment: CEO Charles Robbins sold 21,400 shares under a pre-arranged 10b5-1 plan; while notable, the sale was routine and does not necessarily signal a change in fundamentals. SEC filing
Insider Buying and Selling
In other news, insider Jeetendra I. Patel sold 7,169 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $117.28, for a total value of $840,780.32. Following the completion of the transaction, the insider directly owned 246,737 shares of the company’s stock, valued at $28,937,315.36. This represents a 2.82% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Deborah L. Stahlkopf sold 7,981 shares of the company’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 transaction, the executive vice president directly owned 187,097 shares of the company’s stock, valued at approximately $14,874,211.50. This represents a 4.09% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 51,324 shares of company stock valued at $5,559,834 over the last quarter. Corporate 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.
Featured Stories
- Five stocks we like better than Cisco Systems
- Abercrombie Rallies as Strong Q1 Earnings Extend Winning Streak
- TeraWulf Bets on Power Infrastructure to Lead AI Build-Out
- Amazon’s Alexa for Shopping Strengthens an Already Strong Bull Case
- Keysight: The AI and Defense Stock Seeing Big Price Target Boosts
Want to see what other hedge funds are holding CSCO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cisco Systems, Inc. (NASDAQ:CSCO – Free Report).
Receive News & Ratings for Cisco Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cisco Systems and related companies with MarketBeat.com's FREE daily email newsletter.
