Mirae Asset Global Investments Co. Ltd. Makes New $319.32 Million Investment in Cisco Systems, Inc. $CSCO

Posted by Brenda Bartman on Nov 1st, 2026

Mirae Asset Global Investments Co. Ltd. bought a new stake in Cisco Systems, Inc. (NASDAQ:CSCO – Free Report) during the third quarter, HoldingsChannel reports. The institutional investor bought 2,966,831 shares of the network equipment provider’s stock, valued at approximately $319,320,000. Cisco Systems comprises about 0.6% of Mirae Asset Global Investments Co. Ltd.’s holdings, making the stock its 28th largest position.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Stevens Capital Partners boosted its holdings in Cisco Systems by 27.4% in the 3rd quarter. Stevens Capital Partners now owns 2,390 shares of the network equipment provider’s stock worth $257,000 after buying an additional 514 shares during the period. ProShare Advisors LLC lifted its position in shares of Cisco Systems by 3.6% during the third quarter. ProShare Advisors LLC now owns 4,746,236 shares of the network equipment provider’s stock worth $510,837,000 after acquiring an additional 163,745 shares in the last quarter. Vise Technologies Inc. lifted its position in shares of Cisco Systems by 4.0% during the third quarter. Vise Technologies Inc. now owns 389,371 shares of the network equipment provider’s stock worth $41,908,000 after acquiring an additional 15,088 shares in the last quarter. Investment Partners LTD. boosted its holdings in shares of Cisco Systems by 61.3% in the third quarter. Investment Partners LTD. now owns 20,938 shares of the network equipment provider’s stock worth $2,254,000 after acquiring an additional 7,960 shares during the period. Finally, Summit Global Investments boosted its holdings in shares of Cisco Systems by 144.1% in the third quarter. Summit Global Investments now owns 47,180 shares of the network equipment provider’s stock worth $5,078,000 after acquiring an additional 27,850 shares during the period. Institutional investors own 73.33% of the company’s stock.

Key Stories Impacting Cisco Systems

Here are the key news stories impacting Cisco Systems this week:

Positive Sentiment: AI infrastructure remains a key growth catalyst. Cisco is benefiting from rising hyperscaler demand for networking equipment, while AI workloads, 5G, Wi-Fi 7, and broader connectivity needs support the networking industry’s expansion. Cisco Gains From AI Networking Boom
Positive Sentiment: Industry research projects the global virtualization-security market will grow from $1.7 billion in 2025 to $4.9 billion by 2032, creating potential demand for Cisco’s security, segmentation, and cloud-native offerings. Virtualization Security Market Report
Positive Sentiment: Mobile virtualization is projected to reach $21 billion by 2032, with remote work, BYOD, 5G, and tighter data regulations supporting longer-term opportunities for Cisco’s networking and security businesses. Mobile Virtualization Market Report
Positive Sentiment: Analysts maintain a favorable view ahead of earnings, with a reported consensus price target of $128.52, implying continued confidence in Cisco’s outlook. Cisco Consensus Price Target
Positive Sentiment: Cisco is experimenting with an AI-assisted rewrite of approximately 98% of its code under a young engineering leader, potentially improving development speed and product productivity, although execution remains unproven. Cisco AI Code Rewrite
Neutral Sentiment: Cisco’s upcoming report is receiving positive analyst attention after the stock outperformed the broader market, but the preview also raises the bar for results and forward guidance. Cisco Earnings Preview
Neutral Sentiment: The company’s AI-security and quantum-safe initiatives could strengthen its long-term product portfolio, though the articles provide limited evidence of near-term financial impact. Cisco AI Security and Quantum-Safe Push
Negative Sentiment: Competitive pressure is increasing: Dell is expanding its AI-security and cyber-resilience capabilities, potentially challenging Cisco in enterprise infrastructure and security markets. Dell Expands AI Security Capabilities
Negative Sentiment: Recent weakness relative to the broader market suggests investors may be taking profits or demanding stronger earnings and guidance, particularly with CSCO trading at a relatively elevated earnings multiple.

Cisco Systems Stock Down 3.8%

Shares of NASDAQ:CSCO opened at $104.51 on Friday. The firm has a fifty day moving average price of $110.00 and a two-hundred day moving average price of $101.01. The company has a market cap of $412.04 billion, a price-to-earnings ratio of 31.29, a PEG ratio of 2.18 and a beta of 0.99. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.93 and a quick ratio of 0.79. Cisco Systems, Inc. has a one year low of $70.54 and a one year high of $130.37.

Cisco Systems (NASDAQ:CSCO – Get Free Report) last released its quarterly earnings results on Wednesday, August 12th. The network equipment provider reported $1.22 earnings per share for the quarter, topping the consensus estimate of $1.17 by $0.05. Cisco Systems had a net margin of 20.95% and a return on equity of 30.16%. The firm had revenue of $17.25 billion for the quarter, compared to analysts’ expectations of $16.84 billion. During the same quarter in the prior year, the firm posted $0.99 earnings per share. The business’s quarterly revenue was up 17.6% on a year-over-year basis. 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. Analysts anticipate that Cisco Systems, Inc. will post 4.42 EPS for the current fiscal year.

Cisco Systems Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 21st. Shareholders of record on Friday, October 2nd were paid a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date was Friday, October 2nd. Cisco Systems’s dividend payout ratio is currently 50.30%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on CSCO shares. HSBC cut Cisco Systems from a “buy” rating to a “hold” rating and reduced their price target for the company from $137.00 to $120.00 in a research report on Friday, August 14th. Morgan Stanley raised their target price on Cisco Systems from $130.00 to $135.00 and gave the stock an “overweight” rating in a research note on Thursday, August 13th. Wells Fargo & Company raised their target price on Cisco Systems from $130.00 to $150.00 and gave the stock an “overweight” rating in a research note on Thursday, August 13th. Wall Street Zen raised Cisco Systems from a “hold” rating to a “buy” rating in a report on Sunday, October 11th. Finally, UBS Group increased their price target on shares of Cisco Systems from $132.00 to $138.00 and gave the stock a “buy” rating in a report on Thursday, August 13th. Three investment analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $128.52.

Get Our Latest Analysis on Cisco Systems

Insiders Place Their Bets

In related news, EVP Deborah L. Stahlkopf sold 6,487 shares of the company’s stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $111.53, for a total value of $723,495.11. Following the transaction, the executive vice president directly owned 167,116 shares in the company, valued at approximately $18,638,447.48. This represents a 3.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Jeetendra I. Patel sold 7,170 shares of the firm’s 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 directly owned 230,593 shares in the company, valued at $25,727,261.01. This represents a 3.02% 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. Over the last three months, insiders sold 44,869 shares of company stock worth $5,005,620. 0.01% of the stock is owned by corporate insiders.

About Cisco Systems

(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.