Ninety One UK Ltd Reduces Stake in Cisco Systems, Inc. $CSCO

Ninety One UK Ltd lowered its stake in Cisco Systems, Inc. (NASDAQ:CSCO) by 7.5% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 137,029 shares of the network equipment provider’s stock after selling 11,091 shares during the quarter. Ninety One UK Ltd’s holdings in Cisco Systems were worth $9,376,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the stock. My Personal CFO LLC purchased a new stake in Cisco Systems during the third quarter valued at approximately $260,000. Hofer & Associates. Inc raised its stake in Cisco Systems by 9.0% in the third quarter. Hofer & Associates. Inc now owns 4,137 shares of the network equipment provider’s stock worth $283,000 after buying an additional 343 shares in the last quarter. Mather Group LLC. boosted its holdings in shares of Cisco Systems by 8.2% in the 3rd quarter. Mather Group LLC. now owns 48,450 shares of the network equipment provider’s stock valued at $3,315,000 after buying an additional 3,685 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC grew its stake in Cisco Systems by 2.2% during the 3rd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 80,580 shares of the network equipment provider’s stock worth $5,513,000 after buying an additional 1,750 shares during the last quarter. Finally, Balance Wealth LLC acquired a new position in Cisco Systems during the 3rd quarter valued at approximately $523,000. 73.33% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Cisco Systems news, SVP Maria Victoria Wong sold 428 shares of the firm’s stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $80.33, for a total transaction of $34,381.24. Following the completion of the sale, the senior vice president directly owned 32,176 shares in the company, valued at approximately $2,584,698.08. This trade represents a 1.31% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Thimaya K. Subaiya sold 1,745 shares of the company’s stock in a transaction on Friday, December 12th. The stock was sold at an average price of $79.46, for a total transaction of $138,657.70. Following the completion of the transaction, the executive vice president directly owned 176,319 shares in the company, valued at $14,010,307.74. This trade represents a 0.98% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 1,044,865 shares of company stock valued at $81,397,635. 0.01% of the stock is currently owned by company insiders.

Cisco Systems Price Performance

Shares of NASDAQ CSCO opened at $77.03 on Friday. The company has a current ratio of 0.93, a quick ratio of 0.83 and a debt-to-equity ratio of 0.46. The business has a 50 day simple moving average of $76.05 and a 200-day simple moving average of $70.98. Cisco Systems, Inc. has a twelve month low of $52.11 and a twelve month high of $80.82. The company has a market capitalization of $304.35 billion, a price-to-earnings ratio of 28.96, a price-to-earnings-growth ratio of 2.91 and a beta of 0.87.

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, beating analysts’ consensus estimates of $0.98 by $0.02. The company had revenue of $14.88 billion for the quarter, compared to analyst estimates of $14.77 billion. Cisco Systems had a return on equity of 27.29% and a net margin of 18.38%.The company’s quarterly revenue was up 7.5% compared to the same quarter last year. During the same period last year, the company 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. As a group, equities research analysts expect that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.

Cisco Systems Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 21st. Investors of record on Friday, January 2nd will be given a $0.41 dividend. This represents a $1.64 annualized dividend and a dividend yield of 2.1%. The ex-dividend date is Friday, January 2nd. Cisco Systems’s dividend payout ratio is 61.65%.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. Citic Securities lifted their target price on shares of Cisco Systems from $75.00 to $90.00 in a report on Monday, November 17th. Evercore ISI raised their target price on Cisco Systems from $74.00 to $80.00 and gave the stock an “in-line” rating in a research note on Thursday, November 13th. Bank of America boosted their price target on shares of Cisco Systems from $85.00 to $95.00 and gave the stock a “buy” rating in a research note on Thursday, November 13th. Barclays lifted their price target on shares of Cisco Systems from $71.00 to $76.00 and gave the stock an “equal weight” rating in a research note on Thursday, November 13th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Cisco Systems from $80.00 to $90.00 and gave the stock an “overweight” rating in a research note on Thursday, November 13th. Seventeen equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $84.70.

Cisco Systems Company 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.