Bank Hapoalim BM Reduces Holdings in Cisco Systems, Inc. $CSCO

Bank Hapoalim BM reduced its stake in Cisco Systems, Inc. (NASDAQ:CSCO) by 24.3% during the 3rd quarter, Holdings Channel reports. The fund owned 68,587 shares of the network equipment provider’s stock after selling 21,960 shares during the period. Bank Hapoalim BM’s holdings in Cisco Systems were worth $4,693,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. Bare Financial Services Inc lifted its stake 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 buying an additional 308 shares during the period. Marquette Asset Management LLC purchased a new position in shares of Cisco Systems during the 3rd quarter worth $25,000. Legacy Investment Solutions LLC acquired a new stake in shares of Cisco Systems during the second quarter worth $28,000. Lowe Wealth Advisors LLC grew its position in shares of Cisco Systems by 96.2% in the third quarter. Lowe Wealth Advisors LLC now owns 408 shares of the network equipment provider’s stock valued at $28,000 after purchasing an additional 200 shares during the period. Finally, Financial Connections Group Inc. increased its stake in Cisco Systems by 89.4% in the second 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. Institutional investors and hedge funds own 73.33% of the company’s stock.

Cisco Systems Stock Down 0.1%

CSCO stock opened at $75.19 on Friday. The stock has a market capitalization of $297.08 billion, a price-to-earnings ratio of 28.27, a price-to-earnings-growth ratio of 2.84 and a beta of 0.87. The company has a 50-day moving average of $76.66 and a two-hundred day moving average of $71.58. Cisco Systems, Inc. has a 52-week low of $52.11 and a 52-week high of $80.82. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.93 and a quick ratio of 0.83.

Cisco Systems (NASDAQ:CSCO) last posted its quarterly earnings data on Wednesday, November 12th. The network equipment provider reported $1.00 earnings per share for the quarter, topping the consensus estimate 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 return on equity of 27.29% and a net margin of 18.38%.The firm’s revenue was up 7.5% compared to the same quarter last year. During the same quarter in the previous year, the firm 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. As a group, equities research analysts anticipate that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Announces Dividend

The company also recently disclosed 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 is Friday, January 2nd. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.2%. Cisco Systems’s payout ratio is currently 61.65%.

Insider Buying and Selling at Cisco Systems

In other news, CEO Charles Robbins sold 116,734 shares of the firm’s stock in a transaction dated Tuesday, November 18th. The shares were sold at an average price of $77.30, for a total transaction of $9,023,538.20. Following the completion of the transaction, the chief executive officer directly owned 704,153 shares of the company’s stock, valued at approximately $54,431,026.90. This trade represents a 14.22% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Kristina M. Johnson sold 13,481 shares of the company’s stock in a transaction that occurred on Thursday, December 18th. The shares were sold at an average price of $77.13, for a total value of $1,039,789.53. Following the completion of the sale, the director owned 61,630 shares in the company, valued at approximately $4,753,521.90. This represents a 17.95% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 1,044,865 shares of company stock valued at $81,397,635 in the last quarter. 0.01% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

CSCO has been the subject of several research analyst reports. UBS Group upped their price target on shares of Cisco Systems from $88.00 to $90.00 and gave the stock a “buy” rating in a research report on Thursday, November 13th. Wall Street Zen downgraded Cisco Systems from a “buy” rating to a “hold” rating in a research report on Saturday, November 22nd. Melius Research upped their price target on Cisco Systems from $84.00 to $100.00 and gave the stock a “buy” rating in a research note on Thursday, November 13th. Rosenblatt Securities boosted their target price on Cisco Systems from $87.00 to $100.00 and gave the stock a “buy” rating in a report on Thursday, November 13th. Finally, Barclays raised their price target on shares of Cisco Systems from $71.00 to $76.00 and gave the company an “equal weight” rating in a report on Thursday, November 13th. Sixteen research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to MarketBeat, Cisco Systems has an average rating of “Moderate Buy” and an average price target 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.