Railway Pension Investments Ltd lifted its position in shares of Cisco Systems, Inc. (NASDAQ:CSCO – Free Report) by 3.3% during the 2nd quarter, Holdings Channel.com reports. The firm owned 1,175,076 shares of the network equipment provider’s stock after purchasing an additional 37,000 shares during the quarter. Cisco Systems accounts for approximately 1.7% of Railway Pension Investments Ltd’s investment portfolio, making the stock its 25th largest holding. Railway Pension Investments Ltd’s holdings in Cisco Systems were worth $138,024,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in CSCO. Intesa Sanpaolo Wealth Management bought a new position in shares of Cisco Systems in the 4th quarter valued at about $25,000. MidAtlantic Capital Management Inc. bought a new stake in Cisco Systems in the fourth quarter valued at approximately $25,000. Networth Advisors LLC grew its position in shares of Cisco Systems by 276.4% in the first quarter. Networth Advisors LLC now owns 335 shares of the network equipment provider’s stock valued at $26,000 after purchasing an additional 246 shares during the last quarter. Manning & Napier Advisors LLC grew its position in Cisco Systems by 137.0% during the first quarter. Manning & Napier Advisors LLC now owns 346 shares of the network equipment provider’s stock worth $27,000 after buying an additional 200 shares in the last quarter. Finally, Financial Life Planners bought a new position in shares of Cisco Systems in the 1st quarter valued at $27,000. 73.33% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling
In other Cisco Systems news, EVP Thimaya K. Subaiya sold 5,832 shares of the stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $111.47, for a total transaction of $650,093.04. Following the completion of the sale, the executive vice president directly owned 128,382 shares of the company’s stock, valued at approximately $14,310,741.54. This represents a 4.35% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Deborah L. Stahlkopf sold 6,487 shares of the firm’s stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $111.53, for a total value of $723,495.11. Following the completion of the sale, the executive vice president directly owned 167,116 shares of the company’s stock, valued at approximately $18,638,447.48. This represents a 3.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 53,611 shares of company stock valued at $6,066,680 over the last quarter. 0.01% of the stock is owned by company insiders.
Cisco Systems Stock Up 0.5%
Cisco Systems (NASDAQ:CSCO – Get Free Report) last released its quarterly earnings data on Wednesday, August 12th. The network equipment provider reported $1.22 EPS for the quarter, beating the consensus estimate of $1.17 by $0.05. The business had revenue of $17.25 billion during the quarter, compared to the consensus estimate of $16.84 billion. Cisco Systems had a net margin of 20.95% and a return on equity of 30.16%. The business’s revenue was up 17.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.99 EPS. Cisco Systems has set its FY 2027 guidance at 5.050-5.110 EPS and its Q1 2027 guidance at 1.320-1.340 EPS. On average, research analysts expect that Cisco Systems, Inc. will post 4.44 earnings per share for the current year.
Cisco Systems Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 21st. Stockholders of record on Friday, October 2nd will be paid a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend is Friday, October 2nd. Cisco Systems’s payout ratio is currently 50.30%.
Analysts Set New Price Targets
A number of analysts have weighed in on the stock. Morgan Stanley increased their target price on shares of Cisco Systems from $130.00 to $135.00 and gave the company an “overweight” rating in a research report on Thursday, August 13th. Freedom Capital raised Cisco Systems from a “hold” rating to a “strong-buy” rating in a report on Sunday, August 16th. Rosenblatt Securities upped their price objective on Cisco Systems from $150.00 to $165.00 and gave the company a “buy” rating in a research note on Thursday, August 13th. CICC Research upped their target price on shares of Cisco Systems from $96.00 to $125.00 and gave the stock an “outperform” rating in a report on Monday, May 18th. Finally, Argus upped their target price on Cisco Systems from $100.00 to $150.00 and gave the stock a “buy” rating in a research note on Tuesday, May 19th. Two 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.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $129.43.
Read Our Latest Research Report on Cisco Systems
More Cisco Systems News
Here are the key news stories impacting Cisco Systems this week:
- Positive Sentiment: Saudi AI expansion strengthens Cisco’s AI growth narrative. Cisco, AMD and Saudi Arabia-based HUMAIN said production AI infrastructure is now live, combining AMD Instinct MI355X GPUs and EPYC CPUs with Cisco Silicon One networking. The partners plan to add up to 250 megawatts of capacity beginning in 2027 and potentially reach 1 gigawatt by 2030, creating a significant long-term opportunity for Cisco’s AI networking business. AMD, Cisco and HUMAIN Expand Saudi Arabia’s AI Infrastructure as AMD Instinct Systems Go Live
- Positive Sentiment: Sovereign infrastructure broadens Cisco’s addressable market. Cisco is also introducing a Sovereign Critical Infrastructure portfolio in Canada for air-gapped, on-premises deployments. These offerings target governments and regulated industries that require strict data residency, security and operational control, potentially supporting higher-value infrastructure sales. How Investors Are Reacting To Cisco Systems Expanding Sovereign AI Infrastructure In Saudi Arabia
- Positive Sentiment: Recent performance and outside commentary remain supportive. Cisco has outperformed the broader telecommunications industry over the past year, while Jim Cramer reiterated a bullish view following the company’s record quarter. These factors may reinforce investor confidence, although they are less material than the company’s operating results and AI bookings. How Is Cisco Systems’ Stock Performance Compared to Other Telecommunications Stocks?
- Neutral Sentiment: Management will meet investors throughout September. Cisco executives are scheduled to participate in Goldman Sachs, Citi, Truist, Piper Sandler and other technology conferences. The meetings could provide updates on AI networking demand, margins and guidance, but no new financial targets were announced.
- Negative Sentiment: Valuation and guidance remain potential constraints. Despite the AI momentum, prior commentary has noted conservative guidance, and the stock’s elevated valuation leaves less room for disappointment if AI-related revenue growth or broader networking demand falls short of expectations. Jim Cramer delivers unmistakable verdict on vital tech giant
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.
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