ABN Amro Investment Solutions lifted its stake in Cisco Systems, Inc. (NASDAQ:CSCO – Free Report) by 7.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 285,472 shares of the network equipment provider’s stock after buying an additional 20,281 shares during the period. ABN Amro Investment Solutions’ holdings in Cisco Systems were worth $22,150,000 as of its most recent SEC filing.
A number of other institutional investors have also made changes to their positions in the company. PNC Financial Services Group Inc. boosted its position in Cisco Systems by 3.7% in the 1st quarter. PNC Financial Services Group Inc. now owns 6,607,314 shares of the network equipment provider’s stock valued at $512,661,000 after buying an additional 237,187 shares during the last quarter. Oslo Pensjonsforsikring AS acquired a new position in Cisco Systems during the 1st quarter worth $1,296,000. HORAN Wealth LLC increased its position in shares of Cisco Systems by 1.2% in the 1st quarter. HORAN Wealth LLC now owns 12,146 shares of the network equipment provider’s stock worth $939,000 after purchasing an additional 146 shares during the last quarter. Baader Bank Aktiengesellschaft raised its stake in shares of Cisco Systems by 4.5% in the 1st quarter. Baader Bank Aktiengesellschaft now owns 12,963 shares of the network equipment provider’s stock valued at $1,006,000 after purchasing an additional 553 shares in the last quarter. Finally, DJE Kapital AG lifted its position in shares of Cisco Systems by 267,444.9% during the first quarter. DJE Kapital AG now owns 655,485 shares of the network equipment provider’s stock worth $50,575,000 after purchasing an additional 655,240 shares during the last quarter. 73.33% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
CSCO has been the subject of several research analyst reports. Bank of America boosted their price objective on Cisco Systems from $135.00 to $150.00 and gave the company a “buy” rating in a report on Monday, June 8th. HSBC upgraded Cisco Systems from a “hold” rating to a “buy” rating and lifted their target price for the stock from $77.00 to $137.00 in a research report on Friday, May 15th. Zacks Research upgraded Cisco Systems from a “hold” rating to a “strong-buy” rating in a report on Tuesday, June 30th. Barclays raised their price objective on Cisco Systems from $76.00 to $121.00 and gave the stock an “equal weight” rating in a research note on Thursday, May 14th. Finally, BNP Paribas Exane lifted their price objective on shares of Cisco Systems from $87.00 to $132.00 and gave the stock an “outperform” rating in a report on Thursday, May 14th. Three analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $123.14.
Cisco Systems Trading Up 1.3%
Shares of CSCO stock opened at $112.18 on Wednesday. The stock has a fifty day moving average of $117.89 and a two-hundred day moving average of $93.92. The firm has a market capitalization of $442.15 billion, a PE ratio of 36.42, a price-to-earnings-growth ratio of 2.82 and a beta of 1.02. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.81 and a current ratio of 0.92. Cisco Systems, Inc. has a 1 year low of $65.75 and a 1 year high of $130.37.
Cisco Systems (NASDAQ:CSCO – Get Free Report) last released its earnings results on Wednesday, May 13th. The network equipment provider reported $1.06 EPS for the quarter, beating the consensus estimate of $1.03 by $0.03. Cisco Systems had a net margin of 20.14% and a return on equity of 28.44%. The firm had revenue of $15.84 billion for the quarter, compared to analysts’ expectations of $15.56 billion. During the same quarter last year, the company earned $0.96 EPS. Cisco Systems’s quarterly revenue was up 12.0% on a year-over-year basis. Cisco Systems has set its Q4 2026 guidance at 1.160-1.180 EPS and its FY 2026 guidance at 4.270-4.290 EPS. As a group, research analysts expect that Cisco Systems, Inc. will post 3.54 EPS for the current year.
Cisco Systems Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 22nd. Stockholders of record on Monday, July 6th will be issued a $0.42 dividend. The ex-dividend date is Monday, July 6th. This represents a $1.68 annualized dividend and a dividend yield of 1.5%. Cisco Systems’s dividend payout ratio is 54.55%.
Trending Headlines about Cisco Systems
Here are the key news stories impacting Cisco Systems this week:
- Positive Sentiment: Wall Street sentiment remains constructive, with one report noting Cisco’s average analyst recommendation is still “Moderate Buy,” and another saying Wall Street Zen upgraded the stock to “Buy.” Cisco Systems, Inc. (NASDAQ:CSCO) Given Average Recommendation of “Moderate Buy” by Analysts
- Positive Sentiment: Investors are also focusing on Cisco’s AI-networking potential, including coverage asking whether the company can lead the AI network boom and highlighting Cisco’s quantum networking tests plus a new AI contact-center partnership for Webex. Can Cisco Systems (NASDAQ:CSCO) Lead the AI Network Boom?
- Positive Sentiment: Some market commentary remains bullish, including a price-prediction piece arguing Cisco could continue to benefit from its growing AI infrastructure exposure and recent order momentum. Price Prediction: Cisco Stock Will Double on This Date
- Neutral Sentiment: Cisco has also been a heavily discussed/trending stock, which can support trading interest but does not by itself change fundamentals. 3 Reasons to Sell CSCO and 1 Stock to Buy Instead
- Negative Sentiment: One article framed Cisco as overextended after a strong six-month rally, suggesting some investors may be taking profits after a big run-up in the stock. 3 Reasons to Sell CSCO and 1 Stock to Buy Instead
- Negative Sentiment: Short-term trading has been choppy, with a recent report noting Cisco underperformed the broader market in the latest session and another saying the stock dipped amid speculation about a possible Zafran Security acquisition. Cisco Systems (CSCO) Sees a More Significant Dip Than Broader Market: Some Facts to Know
Insider Activity at Cisco Systems
In other news, EVP Deborah L. Stahlkopf sold 6,586 shares of Cisco Systems stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $117.31, for a total value of $772,603.66. Following the transaction, the executive vice president owned 177,223 shares of the company’s stock, valued at $20,790,030.13. The trade was a 3.58% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Charles Robbins sold 21,400 shares of Cisco Systems stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $120.03, for a total value of $2,568,642.00. Following the transaction, the chief executive officer owned 637,085 shares in the company, valued at $76,469,312.55. This represents a 3.25% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 47,650 shares of company stock worth $5,668,823. Company insiders own 0.01% of the company’s stock.
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.
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