AlphaQuest LLC Acquires 16,819 Shares of Cisco Systems, Inc. $CSCO

AlphaQuest LLC increased its stake in Cisco Systems, Inc. (NASDAQ:CSCO) by 223.7% during the 3rd quarter, HoldingsChannel reports. The firm owned 24,339 shares of the network equipment provider’s stock after buying an additional 16,819 shares during the period. AlphaQuest LLC’s holdings in Cisco Systems were worth $1,665,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Benchmark Financial Wealth Advisors LLC boosted its holdings in Cisco Systems by 1.4% in the third quarter. Benchmark Financial Wealth Advisors LLC now owns 10,449 shares of the network equipment provider’s stock worth $715,000 after acquiring an additional 142 shares in the last quarter. Yoder Wealth Management Inc. raised its stake in Cisco Systems by 3.8% in the 3rd quarter. Yoder Wealth Management Inc. now owns 3,945 shares of the network equipment provider’s stock worth $270,000 after acquiring an additional 143 shares during the last quarter. Mount Vernon Associates Inc. MD raised its stake in shares of Cisco Systems by 0.4% in the second quarter. Mount Vernon Associates Inc. MD now owns 41,379 shares of the network equipment provider’s stock worth $2,871,000 after purchasing an additional 150 shares during the last quarter. Wynn Capital LLC lifted its stake in Cisco Systems by 0.3% during the 3rd quarter. Wynn Capital LLC now owns 48,456 shares of the network equipment provider’s stock valued at $3,315,000 after acquiring an additional 150 shares during the period. Finally, Old North State Trust LLC boosted its holdings in shares of Cisco Systems by 0.6% in the 2nd quarter. Old North State Trust LLC now owns 24,534 shares of the network equipment provider’s stock valued at $1,702,000 after acquiring an additional 151 shares during the last quarter. Hedge funds and other institutional investors own 73.33% of the company’s stock.

Cisco Systems Trading Down 0.1%

Shares of NASDAQ:CSCO opened at $78.32 on Friday. Cisco Systems, Inc. has a 52 week low of $52.11 and a 52 week high of $80.82. 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 50 day moving average is $76.75 and its two-hundred day moving average is $72.12.

Cisco Systems (NASDAQ:CSCO) last issued its quarterly earnings data on Wednesday, November 12th. The network equipment provider reported $1.00 earnings per share (EPS) for the quarter, topping the consensus estimate 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 business’s quarterly revenue was up 7.5% compared to the same quarter last year. During the same quarter last year, the company posted $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. Equities analysts predict that Cisco Systems, Inc. will post 3.04 earnings per share for the current fiscal year.

Cisco Systems Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 21st. Stockholders of record on Friday, January 2nd were paid a dividend of $0.41 per share. The ex-dividend date of this dividend was Friday, January 2nd. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.1%. Cisco Systems’s dividend payout ratio is 61.65%.

Insiders Place Their Bets

In other news, SVP Maria Victoria Wong sold 428 shares of the firm’s stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $80.33, for a total value of $34,381.24. Following the completion of the transaction, the senior vice president owned 32,176 shares in the company, valued at $2,584,698.08. This trade represents a 1.31% 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, Director Kristina M. Johnson sold 13,481 shares of the firm’s stock in a transaction on Thursday, December 18th. The stock was sold at an average price of $77.13, for a total value of $1,039,789.53. Following the transaction, the director directly owned 61,630 shares of the company’s stock, valued at $4,753,521.90. The trade was a 17.95% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 1,044,865 shares of company stock worth $81,397,635. 0.01% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of research analysts have issued reports on CSCO shares. JPMorgan Chase & Co. boosted their price target on Cisco Systems from $80.00 to $90.00 and gave the company an “overweight” rating in a report on Thursday, November 13th. KeyCorp increased 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. Morgan Stanley upped their price target on shares of Cisco Systems from $82.00 to $91.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 17th. Rosenblatt Securities boosted their price target on Cisco Systems from $87.00 to $100.00 and gave the stock a “buy” rating in a research report on Thursday, November 13th. Finally, Zacks Research raised shares of Cisco Systems from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 26th. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $86.81.

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.