Cisco Systems, Inc. $CSCO Stock Holdings Lifted by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans lifted its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 40.0% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 3,490,482 shares of the network equipment provider’s stock after buying an additional 997,738 shares during the period. Cisco Systems accounts for approximately 0.5% of Thrivent Financial for Lutherans’ holdings, making the stock its 29th biggest position. Thrivent Financial for Lutherans’ holdings in Cisco Systems were worth $238,818,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. Victrix Investment Advisors grew its holdings in shares of Cisco Systems by 5.4% during the third quarter. Victrix Investment Advisors now owns 66,311 shares of the network equipment provider’s stock valued at $4,537,000 after purchasing an additional 3,376 shares during the last quarter. Donaldson Capital Management LLC boosted its position in Cisco Systems by 0.9% during the 3rd quarter. Donaldson Capital Management LLC now owns 76,801 shares of the network equipment provider’s stock valued at $5,255,000 after purchasing an additional 708 shares during the period. Lee Financial Co grew its stake in Cisco Systems by 3.0% during the 3rd quarter. Lee Financial Co now owns 26,207 shares of the network equipment provider’s stock worth $1,793,000 after buying an additional 766 shares during the last quarter. Independent Advisor Alliance increased its position in Cisco Systems by 7.6% in the third quarter. Independent Advisor Alliance now owns 118,104 shares of the network equipment provider’s stock worth $8,081,000 after buying an additional 8,292 shares during the period. Finally, CWS Financial Advisors LLC lifted its stake in Cisco Systems by 7.3% in the third quarter. CWS Financial Advisors LLC now owns 13,416 shares of the network equipment provider’s stock valued at $918,000 after buying an additional 907 shares during the last quarter. Institutional investors own 73.33% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. Barclays upped 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 report on Thursday, November 13th. Piper Sandler upped their target price on shares of Cisco Systems from $70.00 to $86.00 and gave the stock a “neutral” rating in a research report on Thursday, November 13th. CICC Research lifted their price target on Cisco Systems from $78.00 to $84.00 and gave the company an “outperform” rating in a report on Friday, November 14th. Weiss Ratings reiterated a “buy (b)” rating on shares of Cisco Systems in a research report on Tuesday. Finally, President Capital lowered their target price on Cisco Systems from $90.00 to $88.00 in a research report on Wednesday, December 24th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $86.81.

Cisco Systems Trading Down 0.1%

Cisco Systems stock opened at $78.32 on Friday. Cisco Systems, Inc. has a 12-month low of $52.11 and a 12-month 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. The stock has a market capitalization of $309.45 billion, a PE ratio of 29.44, a price-to-earnings-growth ratio of 2.97 and a beta of 0.87. The firm has a 50 day simple moving average of $76.75 and a 200-day simple moving average of $72.12.

Cisco Systems (NASDAQ:CSCO) last released its earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 earnings per share for the quarter, topping analysts’ consensus estimates of $0.98 by $0.02. The firm had revenue of $14.88 billion during the quarter, compared to the consensus estimate 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 for the quarter was up 7.5% compared to the same quarter last year. During the same period in the prior year, the firm 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. As a group, equities research analysts expect that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.

Cisco Systems Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 21st. Investors 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 annualized dividend and a yield of 2.1%. Cisco Systems’s dividend payout ratio (DPR) is currently 61.65%.

Insider Transactions at Cisco Systems

In other Cisco Systems news, SVP Maria Victoria Wong sold 428 shares of the company’s stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $80.33, for a total value of $34,381.24. Following the completion of the sale, the senior vice president directly owned 32,176 shares of the company’s stock, valued at approximately $2,584,698.08. This represents a 1.31% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Kristina M. Johnson sold 13,481 shares of the firm’s stock in a transaction dated Thursday, December 18th. The shares were sold at an average price of $77.13, for a total transaction of $1,039,789.53. Following the transaction, the director owned 61,630 shares of the company’s stock, valued at approximately $4,753,521.90. This trade represents a 17.95% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 1,044,865 shares of company stock valued at $81,397,635 in the last quarter. 0.01% of the stock is owned by company insiders.

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.