Cisco Systems, Inc. $CSCO Stake Boosted by Axa S.A.

Axa S.A. lifted its stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 10.1% during the second quarter, Holdings Channel reports. The firm owned 3,317,243 shares of the network equipment provider’s stock after buying an additional 305,216 shares during the period. Cisco Systems comprises about 0.7% of Axa S.A.’s holdings, making the stock its 25th largest position. Axa S.A.’s holdings in Cisco Systems were worth $230,150,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Bare Financial Services Inc boosted its holdings in shares of Cisco Systems by 531.0% during the second quarter. Bare Financial Services Inc now owns 366 shares of the network equipment provider’s stock valued at $25,000 after acquiring an additional 308 shares during the period. Financial Connections Group Inc. lifted its position in Cisco Systems by 89.4% in the 2nd quarter. Financial Connections Group Inc. now owns 409 shares of the network equipment provider’s stock valued at $28,000 after purchasing an additional 193 shares during the last quarter. Legacy Investment Solutions LLC acquired a new position in Cisco Systems during the 2nd quarter valued at about $28,000. Nova Wealth Management Inc. bought a new position in Cisco Systems in the 1st quarter worth about $31,000. Finally, Brown Shipley& Co Ltd acquired a new stake in shares of Cisco Systems in the second quarter valued at approximately $32,000. Institutional investors and hedge funds own 73.33% of the company’s stock.

Insider Transactions at Cisco Systems

In other Cisco Systems news, EVP Oliver Tuszik sold 17,526 shares of the company’s stock in a transaction on Friday, September 19th. The stock was sold at an average price of $67.95, for a total value of $1,190,891.70. Following the transaction, the executive vice president owned 198,855 shares of the company’s stock, valued at approximately $13,512,197.25. This represents a 8.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Deborah L. Stahlkopf sold 164,584 shares of the stock in a transaction on Friday, November 14th. The shares were sold at an average price of $77.85, for a total value of $12,812,864.40. Following the sale, the executive vice president owned 196,738 shares of the company’s stock, valued at $15,316,053.30. This trade represents a 45.55% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,024,627 shares of company stock valued at $79,621,482 in the last 90 days. 0.01% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on CSCO shares. Erste Group Bank upgraded Cisco Systems from a “hold” rating to a “buy” rating in a research report on Monday, November 10th. Wells Fargo & Company boosted their price target on Cisco Systems from $83.00 to $95.00 and gave the stock an “overweight” rating in a research report on Thursday, November 13th. Piper Sandler raised their price target on Cisco Systems from $70.00 to $86.00 and gave the company a “neutral” rating in a report on Thursday, November 13th. Wall Street Zen cut shares of Cisco Systems from a “buy” rating to a “hold” rating in a research note on Saturday, November 22nd. Finally, Bank of America increased their target price on shares of Cisco Systems from $85.00 to $95.00 and gave the company a “buy” rating in a research report on Thursday, November 13th. Seventeen research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $84.14.

Cisco Systems Trading Up 1.1%

Shares of CSCO stock opened at $78.86 on Tuesday. The stock has a 50-day simple moving average of $72.90 and a 200 day simple moving average of $69.32. Cisco Systems, Inc. has a fifty-two week low of $52.11 and a fifty-two week high of $80.06. The stock has a market capitalization of $311.58 billion, a P/E ratio of 29.65, a P/E/G ratio of 2.94 and a beta of 0.87. The company has a quick ratio of 0.83, a current ratio of 0.93 and a debt-to-equity ratio of 0.46.

Cisco Systems (NASDAQ:CSCO) last issued its quarterly earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 EPS for the quarter, topping the consensus estimate of $0.98 by $0.02. Cisco Systems had a net margin of 18.38% and a return on equity of 27.29%. The firm had revenue of $14.88 billion for the quarter, compared to analysts’ expectations of $14.77 billion. During the same period in the previous year, the business earned $0.91 earnings per share. Cisco Systems’s revenue for the quarter was up 7.5% compared to the same quarter last year. 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 firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 21st. Investors of record on Friday, January 2nd will be issued a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date is Friday, January 2nd. Cisco Systems’s dividend payout ratio (DPR) is presently 61.65%.

About Cisco Systems

Cisco Systems, Inc designs, manufactures, and sells Internet Protocol based networking and other products related to the communications and information technology industry in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and China. The company also offers switching portfolio encompasses campus switching as well as data center switching; enterprise routing portfolio interconnects public and private wireline and mobile networks, delivering highly secure, and reliable connectivity to campus, data center and branch networks; wireless products include wireless access points and controllers; and compute portfolio including the cisco unified computing system, hyperflex, and software management capabilities, which combine computing, networking, and storage infrastructure management and virtualization.