Cisco Systems, Inc. $CSCO Stake Lowered by Candriam S.C.A.

Candriam S.C.A. trimmed its position in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 0.8% in the 3rd quarter, Holdings Channel.com reports. The fund owned 1,270,551 shares of the network equipment provider’s stock after selling 10,136 shares during the quarter. Candriam S.C.A.’s holdings in Cisco Systems were worth $86,931,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of CSCO. Avantax Advisory Services Inc. increased its position in Cisco Systems by 1.1% during the second quarter. Avantax Advisory Services Inc. now owns 420,336 shares of the network equipment provider’s stock worth $29,163,000 after buying an additional 4,525 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of Cisco Systems by 6.9% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,189,645 shares of the network equipment provider’s stock valued at $218,236,000 after acquiring an additional 205,043 shares during the last quarter. Greystone Financial Group LLC bought a new position in shares of Cisco Systems in the 3rd quarter valued at approximately $8,563,000. Jones Financial Companies Lllp lifted its holdings in Cisco Systems by 8.9% in the 3rd quarter. Jones Financial Companies Lllp now owns 686,469 shares of the network equipment provider’s stock worth $46,165,000 after purchasing an additional 56,057 shares during the last quarter. Finally, Drive Wealth Management LLC boosted its position in Cisco Systems by 2.7% during the second quarter. Drive Wealth Management LLC now owns 16,605 shares of the network equipment provider’s stock worth $1,152,000 after purchasing an additional 436 shares during the period. Institutional investors and hedge funds own 73.33% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently weighed in on CSCO shares. Melius Research boosted their price objective on shares of Cisco Systems from $84.00 to $100.00 and gave the stock a “buy” rating in a research note on Thursday, November 13th. Wells Fargo & Company boosted their target price on shares of Cisco Systems from $83.00 to $95.00 and gave the stock an “overweight” rating in a research report on Thursday, November 13th. Zacks Research raised Cisco Systems from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 26th. Rosenblatt Securities boosted their price objective 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, Erste Group Bank raised Cisco Systems from a “hold” rating to a “buy” rating in a report on Monday, November 10th. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Cisco Systems currently has a consensus rating of “Moderate Buy” and an average target price of $94.23.

Insiders Place Their Bets

In related news, CEO Charles Robbins sold 116,734 shares of the stock in a transaction dated Tuesday, November 18th. The shares were sold at an average price of $77.30, for a total value of $9,023,538.20. Following the completion of the transaction, the chief executive officer owned 704,153 shares of the company’s stock, valued at $54,431,026.90. This represents a 14.22% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Maria Victoria Wong sold 428 shares of Cisco Systems stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $80.33, for a total value of $34,381.24. Following the sale, the senior vice president directly owned 32,176 shares in the company, valued at $2,584,698.08. The trade was a 1.31% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,044,865 shares of company stock valued at $81,397,635 over the last 90 days. Company insiders own 0.01% of the company’s stock.

Cisco Systems Stock Performance

CSCO opened at $84.78 on Monday. The stock’s 50 day simple moving average is $77.35 and its 200-day simple moving average is $72.65. 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 stock has a market cap of $334.97 billion, a PE ratio of 31.87, a P/E/G ratio of 3.21 and a beta of 0.87. Cisco Systems, Inc. has a 1 year low of $52.11 and a 1 year high of $85.00.

Cisco Systems (NASDAQ:CSCO) last issued its 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. The firm 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%.Cisco Systems’s quarterly revenue was up 7.5% compared to the same quarter last year. During the same period last year, the business earned $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. Sell-side analysts forecast that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 21st. Stockholders of record on Friday, January 2nd were given a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a dividend yield of 1.9%. The ex-dividend date was Friday, January 2nd. Cisco Systems’s payout ratio is 61.65%.

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.