Sage Mountain Advisors LLC Has $3.46 Million Position in Cisco Systems, Inc. $CSCO

Sage Mountain Advisors LLC raised its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 18.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 50,529 shares of the network equipment provider’s stock after purchasing an additional 7,851 shares during the quarter. Sage Mountain Advisors LLC’s holdings in Cisco Systems were worth $3,457,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of CSCO. Vanguard Group Inc. grew its stake in Cisco Systems by 1.3% in the 2nd quarter. Vanguard Group Inc. now owns 393,989,568 shares of the network equipment provider’s stock valued at $27,334,996,000 after buying an additional 5,039,714 shares during the last quarter. State Street Corp grew its position in shares of Cisco Systems by 0.6% in the second quarter. State Street Corp now owns 194,695,250 shares of the network equipment provider’s stock valued at $13,507,956,000 after purchasing an additional 1,067,872 shares during the last quarter. Geode Capital Management LLC grew its position in shares of Cisco Systems by 1.2% in the second quarter. Geode Capital Management LLC now owns 99,252,395 shares of the network equipment provider’s stock valued at $6,864,058,000 after purchasing an additional 1,157,704 shares during the last quarter. Norges Bank acquired a new stake in Cisco Systems during the 2nd quarter worth approximately $3,816,825,000. Finally, Invesco Ltd. boosted its stake in Cisco Systems by 3.0% in the 2nd quarter. Invesco Ltd. now owns 48,531,251 shares of the network equipment provider’s stock valued at $3,367,098,000 after purchasing an additional 1,414,105 shares during the period. 73.33% of the stock is currently owned by institutional investors and hedge funds.

Cisco Systems Price Performance

Cisco Systems stock opened at $74.46 on Tuesday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.83 and a current ratio of 0.93. Cisco Systems, Inc. has a 52 week low of $52.11 and a 52 week high of $80.82. The stock has a market capitalization of $294.21 billion, a P/E ratio of 28.06, a price-to-earnings-growth ratio of 2.84 and a beta of 0.87. The stock has a fifty day moving average of $76.72 and a 200-day moving average of $71.65.

Cisco Systems (NASDAQ:CSCO) last posted its earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 EPS for the quarter, topping analysts’ consensus estimates of $0.98 by $0.02. The firm had revenue of $14.88 billion during the quarter, compared to analysts’ expectations of $14.77 billion. Cisco Systems had a net margin of 18.38% and a return on equity of 27.29%. The business’s revenue for the quarter was up 7.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.91 earnings per share. Cisco Systems has set its FY 2026 guidance at 4.080-4.140 EPS and its Q2 2026 guidance at 1.010-1.030 EPS. On average, sell-side analysts expect that Cisco Systems, Inc. will post 3.04 earnings per share for the current fiscal year.

Cisco Systems Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 21st. Shareholders of record on Friday, January 2nd will be paid a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend is Friday, January 2nd. Cisco Systems’s payout ratio is presently 61.65%.

Insider Buying and Selling

In related news, CEO Charles Robbins sold 281,860 shares of the firm’s stock in a transaction on Monday, November 17th. The stock was sold at an average price of $78.35, for a total transaction of $22,083,731.00. Following the sale, the chief executive officer owned 820,887 shares of the company’s stock, valued at $64,316,496.45. This trade represents a 25.56% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Deborah L. Stahlkopf sold 164,584 shares of the company’s stock in a transaction dated Friday, November 14th. The stock was sold at an average price of $77.85, for a total value of $12,812,864.40. Following the completion of the transaction, the executive vice president directly owned 196,738 shares of the company’s stock, valued at approximately $15,316,053.30. The trade was a 45.55% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 1,044,865 shares of company stock worth $81,397,635 in the last ninety days. Insiders own 0.01% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on CSCO shares. Piper Sandler boosted their target price on shares of Cisco Systems from $70.00 to $86.00 and gave the company a “neutral” rating in a research report on Thursday, November 13th. Rosenblatt Securities boosted their price objective on shares of Cisco Systems from $87.00 to $100.00 and gave the company a “buy” rating in a report on Thursday, November 13th. Bank of America raised their target price on shares of Cisco Systems from $85.00 to $95.00 and gave the stock a “buy” rating in a report on Thursday, November 13th. Weiss Ratings reissued a “buy (b)” rating on shares of Cisco Systems in a research report on Thursday, October 30th. Finally, BNP Paribas Exane lifted their price objective on Cisco Systems from $76.00 to $86.00 and gave the company an “outperform” rating in a report on Thursday, November 13th. Sixteen equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Cisco Systems currently has an average rating of “Moderate Buy” and a consensus target price of $85.23.

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.