E Fund Management Hong Kong Co. Ltd. Buys 6,675 Shares of Cisco Systems, Inc. $CSCO

E Fund Management Hong Kong Co. Ltd. increased its stake in Cisco Systems, Inc. (NASDAQ:CSCO) by 358.1% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,539 shares of the network equipment provider’s stock after purchasing an additional 6,675 shares during the period. E Fund Management Hong Kong Co. Ltd.’s holdings in Cisco Systems were worth $584,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. O Brien Wealth Partners LLC increased its stake in shares of Cisco Systems by 222.2% in the 3rd quarter. O Brien Wealth Partners LLC now owns 9,839 shares of the network equipment provider’s stock valued at $673,000 after buying an additional 6,785 shares during the period. Cerity Partners LLC boosted its holdings in Cisco Systems by 1.1% in the third quarter. Cerity Partners LLC now owns 2,515,793 shares of the network equipment provider’s stock valued at $172,132,000 after acquiring an additional 27,257 shares during the last quarter. Tribridge Partners Financial LLC acquired a new stake in Cisco Systems in the third quarter worth about $227,000. Kathmere Capital Management LLC increased its position in Cisco Systems by 7.5% in the third quarter. Kathmere Capital Management LLC now owns 60,290 shares of the network equipment provider’s stock worth $4,125,000 after purchasing an additional 4,215 shares during the period. Finally, Spirepoint Private Client LLC raised its holdings in Cisco Systems by 4.0% during the 3rd quarter. Spirepoint Private Client LLC now owns 21,594 shares of the network equipment provider’s stock worth $1,477,000 after purchasing an additional 826 shares during the last quarter. Institutional investors and hedge funds own 73.33% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on CSCO shares. Citigroup lifted their price target on shares of Cisco Systems from $80.00 to $85.00 and gave the stock a “buy” rating in a research report on Thursday, November 13th. Bank of America raised their price objective on shares of Cisco Systems from $85.00 to $95.00 and gave the company a “buy” rating in a research note on Thursday, November 13th. Argus lifted their target price on shares of Cisco Systems from $80.00 to $100.00 in a report on Thursday, November 13th. President Capital cut their price target on Cisco Systems from $90.00 to $88.00 in a research note on Wednesday, December 24th. Finally, KeyCorp raised their price target on Cisco Systems from $77.00 to $87.00 and gave the stock an “overweight” rating in a research report on Thursday, November 13th. Sixteen analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $85.23.

Cisco Systems Trading Down 0.5%

CSCO opened at $75.23 on Wednesday. The firm’s fifty day moving average is $76.29 and its two-hundred day moving average is $71.26. The firm has a market cap of $297.24 billion, a PE ratio of 28.28, a price-to-earnings-growth ratio of 2.86 and a beta of 0.87. Cisco Systems, Inc. has a twelve month low of $52.11 and a twelve month high of $80.82. 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 (NASDAQ:CSCO) last released its quarterly earnings data 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 business 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 firm’s quarterly revenue was up 7.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.91 EPS. 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. Equities research analysts anticipate that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Announces Dividend

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

Insider Buying and Selling at Cisco Systems

In other Cisco Systems news, Director Michael D. Capellas sold 16,150 shares of Cisco Systems stock in a transaction that occurred on Thursday, December 18th. The shares were sold at an average price of $77.28, for a total value of $1,248,072.00. Following the transaction, the director owned 157,218 shares of the company’s stock, valued at approximately $12,149,807.04. The trade was a 9.32% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Charles Robbins sold 281,860 shares of the company’s stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $78.35, for a total transaction of $22,083,731.00. Following the completion of the transaction, 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 SEC filing for this sale provides additional information. Insiders have sold a total of 1,044,865 shares of company stock worth $81,397,635 over the last three months. Company insiders own 0.01% of the company’s stock.

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.