Gallacher Capital Management LLC Purchases 8,166 Shares of Cisco Systems, Inc. $CSCO

Posted by Geri Gentry on Nov 4th, 2026

Gallacher Capital Management LLC purchased a new position in shares of Cisco Systems, Inc. (NASDAQ:CSCO – Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 8,166 shares of the network equipment provider’s stock, valued at approximately $879,000.

Other institutional investors also recently modified their holdings of the company. Bridgewater Advisors Inc. acquired a new position in shares of Cisco Systems during the second quarter worth $6,442,000. Beacon Pointe Advisors LLC acquired a new stake in shares of Cisco Systems during the 2nd quarter valued at $60,009,000. Western Wealth Management LLC boosted its holdings in shares of Cisco Systems by 60.5% during the 1st quarter. Western Wealth Management LLC now owns 76,372 shares of the network equipment provider’s stock valued at $5,926,000 after acquiring an additional 28,792 shares in the last quarter. ABN AMRO Bank N.V. bought a new stake in Cisco Systems during the 2nd quarter worth $19,114,000. Finally, Envestnet Portfolio Solutions Inc. grew its position in Cisco Systems by 24.6% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 363,506 shares of the network equipment provider’s stock worth $47,287,000 after acquiring an additional 71,774 shares during the last quarter. Institutional investors and hedge funds own 73.33% of the company’s stock.

Insider Buying and Selling

In other Cisco Systems news, insider Jeetendra I. Patel sold 7,170 shares of the stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $111.57, for a total transaction of $799,956.90. Following the completion of the sale, the insider owned 230,593 shares of the company’s stock, valued at approximately $25,727,261.01. This represents a 3.02% decrease in their position. The transaction was disclosed in a document filed 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 that occurred on Friday, August 14th. The stock was sold at an average price of $111.53, for a total transaction of $723,495.11. Following the transaction, the executive vice president owned 167,116 shares of the company’s stock, valued at approximately $18,638,447.48. The trade was a 3.74% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 44,869 shares of company stock valued at $5,005,620 over the last 90 days. 0.01% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on CSCO shares. Barclays upped their target price on Cisco Systems from $121.00 to $123.00 and gave the stock an “equal weight” rating in a report on Thursday, August 13th. Truist Financial lifted their price target on Cisco Systems from $125.00 to $140.00 and gave the company a “buy” rating in a research note on Thursday, August 13th. HSBC cut Cisco Systems from a “buy” rating to a “hold” rating and reduced their price target for the stock from $137.00 to $120.00 in a report on Friday, August 14th. Sanford C. Bernstein assumed coverage on Cisco Systems in a research note on Wednesday, September 30th. They issued a “market perform” rating and a $110.00 price objective for the company. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Cisco Systems in a research note on Wednesday, August 26th. Three equities research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat.com, Cisco Systems has a consensus rating of “Moderate Buy” and a consensus price target of $128.52.

Check Out Our Latest Stock Analysis on CSCO

Cisco Systems Price Performance

Shares of NASDAQ:CSCO opened at $102.97 on Wednesday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.79 and a current ratio of 0.93. Cisco Systems, Inc. has a 52 week low of $70.54 and a 52 week high of $130.37. The firm has a market cap of $405.97 billion, a PE ratio of 30.83, a price-to-earnings-growth ratio of 2.12 and a beta of 1.01. The firm’s fifty day moving average is $109.67 and its 200-day moving average is $101.28.

Cisco Systems (NASDAQ:CSCO – Get Free Report) last announced its earnings results on Wednesday, August 12th. The network equipment provider reported $1.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.17 by $0.05. Cisco Systems had a return on equity of 30.16% and a net margin of 20.95%. The business had revenue of $17.25 billion during the quarter, compared to analyst estimates of $16.84 billion. During the same period last year, the company earned $0.99 EPS. Cisco Systems’s revenue for the quarter was up 17.6% compared to the same quarter last year. 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. Sell-side analysts predict that Cisco Systems, Inc. will post 4.42 earnings per share for the current year.

Cisco Systems Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 21st. Stockholders of record on Friday, October 2nd were given a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date was Friday, October 2nd. Cisco Systems’s dividend payout ratio (DPR) is 50.30%.

Cisco Systems Company Profile

(Free Report)

Cisco Systems, Inc is a global technology company that develops networking, cybersecurity, collaboration and observability solutions for businesses, government organizations and service providers. Its offerings include routers, switches, wireless networking equipment, data-center infrastructure, security software and services, as well as technologies that support cloud and hybrid IT environments.

The company also provides collaboration tools through its Webex portfolio, cloud-managed networking through Cisco Meraki and security and observability capabilities that include technologies from Splunk, which Cisco acquired in 2024.