Fjarde AP Fonden Fourth Swedish National Pension Fund Has $105.80 Million Stock Position in Cisco Systems, Inc. $CSCO

Fjarde AP Fonden Fourth Swedish National Pension Fund decreased its stake in shares of Cisco Systems, Inc. (NASDAQ:CSCOFree Report) by 4.6% during the 4th quarter, Holdings Channel reports. The institutional investor owned 1,373,517 shares of the network equipment provider’s stock after selling 65,500 shares during the period. Cisco Systems makes up 0.9% of Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings, making the stock its 18th biggest holding. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Cisco Systems were worth $105,802,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in CSCO. TruNorth Capital Management LLC raised its holdings in Cisco Systems by 46.5% during the 4th quarter. TruNorth Capital Management LLC now owns 3,005 shares of the network equipment provider’s stock worth $231,000 after purchasing an additional 954 shares during the last quarter. Lifestyle Asset Management Inc. raised its holdings in Cisco Systems by 4.9% during the 4th quarter. Lifestyle Asset Management Inc. now owns 5,017 shares of the network equipment provider’s stock worth $386,000 after purchasing an additional 234 shares during the last quarter. Prestige Wealth Management Group LLC raised its holdings in Cisco Systems by 5.1% during the 4th quarter. Prestige Wealth Management Group LLC now owns 12,038 shares of the network equipment provider’s stock worth $927,000 after purchasing an additional 589 shares during the last quarter. SlateStone Wealth LLC raised its holdings in Cisco Systems by 0.9% during the 4th quarter. SlateStone Wealth LLC now owns 146,072 shares of the network equipment provider’s stock worth $11,252,000 after purchasing an additional 1,304 shares during the last quarter. Finally, Harvest Fund Management Co. Ltd raised its holdings in Cisco Systems by 24.0% during the 4th quarter. Harvest Fund Management Co. Ltd now owns 305,612 shares of the network equipment provider’s stock worth $23,544,000 after purchasing an additional 59,182 shares during the last quarter. Institutional investors and hedge funds own 73.33% of the company’s stock.

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Insiders Place Their Bets

In related news, EVP Deborah L. Stahlkopf sold 6,586 shares of the stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $117.31, for a total transaction of $772,603.66. Following the completion of the sale, the executive vice president directly owned 177,223 shares of the company’s stock, valued at approximately $20,790,030.13. This represents a 3.58% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Oliver Tuszik sold 2,761 shares of the stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $114.61, for a total value of $316,438.21. Following the sale, the executive vice president directly owned 180,877 shares of the company’s stock, valued at approximately $20,730,312.97. The trade was a 1.50% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 51,324 shares of company stock worth $5,559,834 over the last ninety days. Company insiders own 0.01% of the company’s stock.

Cisco Systems Stock Performance

Shares of NASDAQ:CSCO opened at $121.64 on Friday. The company has a market capitalization of $479.44 billion, a price-to-earnings ratio of 39.49, a P/E/G ratio of 3.31 and a beta of 1.01. The firm’s 50 day simple moving average is $98.05 and its 200 day simple moving average is $84.96. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.92 and a quick ratio of 0.81. Cisco Systems, Inc. has a fifty-two week low of $63.87 and a fifty-two week high of $130.37.

Cisco Systems (NASDAQ:CSCOGet Free Report) last announced its quarterly earnings results on Wednesday, May 13th. The network equipment provider reported $1.06 earnings per share for the quarter, beating analysts’ consensus estimates of $1.03 by $0.03. The business had revenue of $15.84 billion for the quarter, compared to the consensus estimate of $15.56 billion. Cisco Systems had a net margin of 20.14% and a return on equity of 28.44%. Cisco Systems’s revenue for the quarter was up 12.0% on a year-over-year basis. During the same period last 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. As a group, sell-side analysts forecast that Cisco Systems, Inc. will post 3.54 earnings per share for the current year.

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 given a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Monday, July 6th. Cisco Systems’s dividend payout ratio (DPR) is currently 54.55%.

Wall Street Analyst Weigh In

Several brokerages have weighed in on CSCO. Weiss Ratings raised Cisco Systems from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, May 29th. Citic Securities boosted their price objective on Cisco Systems from $90.00 to $130.00 in a report on Friday, May 15th. BNP Paribas Exane boosted their price objective on Cisco Systems from $87.00 to $132.00 and gave the stock an “outperform” rating in a report on Thursday, May 14th. JPMorgan Chase & Co. boosted their price objective on Cisco Systems from $95.00 to $96.00 in a report on Monday, May 11th. Finally, Wells Fargo & Company boosted their price objective on Cisco Systems from $95.00 to $130.00 and gave the stock an “overweight” rating in a report on Thursday, May 14th. Two research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $119.50.

Read Our Latest Stock Analysis on CSCO

About Cisco Systems

(Free Report)

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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Institutional Ownership by Quarter for Cisco Systems (NASDAQ:CSCO)

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