Cisco Systems (NASDAQ:CSCO) Stock Price Up 1% - What's Next?

Key Points

• Cisco Systems stock price increased by 1% to $68.42, with a trading volume decline of 4% compared to its average session volume.
• Analysts have raised their price targets for Cisco, with Bank of America estimating $85 and Deutsche Bank upgrading their rating to "buy", indicating strong expected future performance.
• The company announced a quarterly dividend of $0.41, yielding 2.4%, with a payout ratio of 62.60%, reflecting a stable return to shareholders.

Cisco Systems, Inc. (NASDAQ:CSCO - Get Free Report)'s stock price traded up 1% during trading on Tuesday . The company traded as high as $68.77 and last traded at $68.42. 20,154,681 shares traded hands during trading, a decline of 4% from the average session volume of 21,087,488 shares. The stock had previously closed at $67.72.

Analyst Ratings Changes

CSCO has been the subject of several research reports. Barclays raised their price objective on Cisco Systems from $66.00 to $71.00 and gave the stock an "equal weight" rating in a research note on Thursday, August 14th. Bank of America increased their price target on Cisco Systems from $76.00 to $85.00 and gave the company a "buy" rating in a research report on Thursday, August 14th. CICC Research assumed coverage on Cisco Systems in a report on Monday, July 14th. They set an "outperform" rating and a $78.00 price objective on the stock. Evercore ISI raised their price objective on shares of Cisco Systems from $72.00 to $74.00 and gave the stock an "in-line" rating in a research note on Thursday, August 14th. Finally, Deutsche Bank Aktiengesellschaft upgraded Cisco Systems from a "hold" rating to a "buy" rating and lifted their price target for the company from $65.00 to $73.00 in a report on Monday, June 16th. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and ten have given a Hold rating to the company. According to MarketBeat, Cisco Systems currently has a consensus rating of "Moderate Buy" and an average target price of $74.53.

Cisco Systems Stock Up 1.0%

The business has a 50 day simple moving average of $68.11 and a 200 day simple moving average of $64.41. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.00 and a quick ratio of 0.91. The stock has a market cap of $270.48 billion, a PE ratio of 26.11, a P/E/G ratio of 2.83 and a beta of 0.99.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last issued its earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 EPS for the quarter, beating analysts' consensus estimates of $0.98 by $0.01. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The firm had revenue of $14.67 billion for the quarter, compared to the consensus estimate of $14.63 billion. During the same quarter in the previous year, the company posted $0.87 earnings per share. The business's quarterly revenue was up 7.6% compared to the same quarter last year. Cisco Systems has set its Q1 2026 guidance at 0.970-0.990 EPS. FY 2026 guidance at 4.000-4.060 EPS. On average, equities research analysts forecast 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 will be paid on Wednesday, October 22nd. Shareholders of record on Friday, October 3rd will be paid a $0.41 dividend. The ex-dividend date is Friday, October 3rd. This represents a $1.64 dividend on an annualized basis and a yield of 2.4%. Cisco Systems's payout ratio is 62.60%.

Insider Transactions at Cisco Systems

In other news, insider Jeetendra I. Patel sold 9,061 shares of the company's stock in a transaction dated Friday, August 15th. The stock was sold at an average price of $66.60, for a total transaction of $603,462.60. Following the completion of the sale, the insider owned 237,405 shares in the company, valued at approximately $15,811,173. This represents a 3.68% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Deborah L. Stahlkopf sold 9,783 shares of the company's stock in a transaction dated Friday, August 15th. The stock was sold at an average price of $66.60, for a total value of $651,547.80. Following the sale, the executive vice president owned 161,662 shares of the company's stock, valued at approximately $10,766,689.20. This trade represents a 5.71% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 82,965 shares of company stock valued at $5,559,996. Corporate insiders own 0.01% of the company's stock.

Institutional Trading of Cisco Systems

Several large investors have recently made changes to their positions in the stock. Capital A Wealth Management LLC boosted its stake in shares of Cisco Systems by 168.2% during the 2nd quarter. Capital A Wealth Management LLC now owns 716 shares of the network equipment provider's stock worth $50,000 after acquiring an additional 449 shares in the last quarter. Beacon Financial Strategies CORP acquired a new position in shares of Cisco Systems during the 2nd quarter worth about $218,000. CacheTech Inc. acquired a new position in shares of Cisco Systems during the 2nd quarter worth about $527,000. Adams Wealth Management acquired a new position in shares of Cisco Systems during the 2nd quarter worth about $527,000. Finally, Caldwell Trust Co acquired a new position in shares of Cisco Systems during the 2nd quarter worth about $5,127,000. Institutional investors own 73.33% of the company's stock.

Cisco Systems Company Profile

Cisco Systems, Inc designs, manufactures, and sells Internet Protocol based networking and other products related to the communications and information technology industry in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and China. The company also offers switching portfolio encompasses campus switching as well as data center switching; enterprise routing portfolio interconnects public and private wireline and mobile networks, delivering highly secure, and reliable connectivity to campus, data center and branch networks; wireless products include wireless access points and controllers; and compute portfolio including the cisco unified computing system, hyperflex, and software management capabilities, which combine computing, networking, and storage infrastructure management and virtualization.

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