Cisco Systems, Inc. $CSCO Shares Sold by Keybank National Association OH

Keybank National Association OH decreased its position in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 2.1% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 1,706,483 shares of the network equipment provider’s stock after selling 37,181 shares during the quarter. Keybank National Association OH’s holdings in Cisco Systems were worth $116,758,000 as of its most recent filing with the SEC.

A number of other hedge funds have also modified their holdings of the business. Werba Rubin Papier Wealth Management grew its position in Cisco Systems by 5.6% during the 3rd quarter. Werba Rubin Papier Wealth Management now owns 8,770 shares of the network equipment provider’s stock worth $600,000 after purchasing an additional 468 shares during the last quarter. Howard Capital Management Inc. lifted its position in Cisco Systems by 11.9% in the third quarter. Howard Capital Management Inc. now owns 132,683 shares of the network equipment provider’s stock valued at $9,078,000 after purchasing an additional 14,147 shares during the period. Berman McAleer LLC acquired a new stake in shares of Cisco Systems in the 3rd quarter valued at approximately $835,000. National Pension Service lifted its holdings in Cisco Systems by 3.0% in the third quarter. National Pension Service now owns 9,323,224 shares of the network equipment provider’s stock valued at $637,895,000 after acquiring an additional 273,795 shares during the period. Finally, Searle & CO. boosted its holdings in Cisco Systems by 14.9% during the third quarter. Searle & CO. now owns 65,423 shares of the network equipment provider’s stock worth $4,476,000 after buying an additional 8,463 shares in the last quarter. 73.33% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on CSCO. Wall Street Zen cut Cisco Systems from a “buy” rating to a “hold” rating in a report on Saturday, November 22nd. Argus raised their price target on Cisco Systems from $80.00 to $100.00 in a research report on Thursday, November 13th. Erste Group Bank upgraded Cisco Systems from a “hold” rating to a “buy” rating in a research report on Monday, November 10th. Piper Sandler lifted their price objective on Cisco Systems from $70.00 to $86.00 and gave the stock a “neutral” rating in a research report on Thursday, November 13th. Finally, BNP Paribas Exane upped their target price on shares of Cisco Systems from $76.00 to $86.00 and gave the company an “outperform” rating in a report on Thursday, November 13th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat.com, Cisco Systems has a consensus rating of “Moderate Buy” and an average target price of $86.81.

Cisco Systems Stock Performance

Shares of CSCO stock opened at $78.32 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 company has a market cap of $309.45 billion, a PE ratio of 29.44, a P/E/G ratio of 2.97 and a beta of 0.87. The company’s fifty day simple moving average is $76.75 and its 200-day simple moving average is $72.08. Cisco Systems, Inc. has a 52 week low of $52.11 and a 52 week high of $80.82.

Cisco Systems (NASDAQ:CSCO) last released 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 return on equity of 27.29% and a net margin of 18.38%.The firm had revenue of $14.88 billion for the quarter, compared to analyst estimates of $14.77 billion. During the same period in the previous year, the company posted $0.91 EPS. Cisco Systems’s revenue for the quarter was up 7.5% on a year-over-year basis. 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 business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 21st. Shareholders of record on Friday, January 2nd were paid 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 was Friday, January 2nd. Cisco Systems’s dividend payout ratio is 61.65%.

Insider Activity at Cisco Systems

In related news, CEO Charles Robbins sold 281,860 shares of the company’s stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $78.35, for a total transaction of $22,083,731.00. Following the sale, the chief executive officer directly owned 820,887 shares of the company’s stock, valued at approximately $64,316,496.45. This represents a 25.56% decrease in their position. The transaction was disclosed in a legal filing with the SEC, 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 stock was sold at an average price of $77.85, for a total transaction of $12,812,864.40. Following the sale, the executive vice president directly owned 196,738 shares in the company, valued at $15,316,053.30. This trade represents a 45.55% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 1,044,865 shares of company stock worth $81,397,635 over the last 90 days. Company insiders own 0.01% of the company’s stock.

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.