Cisco Systems (NASDAQ:CSCO) Trading 1.5% Higher - What's Next?

Key Points

• Cisco Systems shares traded up 1.5% to $70.13, with a significant volume of 16.2 million shares, which is 22% lower than the average volume.
• Analysts have given Cisco a consensus rating of "Moderate Buy" along with a target price of $74.72, with several upgrades and ratings indicating cautious optimism.
• The company has reported an EPS of $0.99, slightly beating expectations, and increased revenue by 7.6% year-over-year, with a quarterly dividend of $0.41 announced for payment on October 22nd.

Shares of Cisco Systems, Inc. (NASDAQ:CSCO - Get Free Report) traded up 1.5% during trading on Friday . The company traded as high as $70.77 and last traded at $70.13. 16,186,646 shares traded hands during mid-day trading, a decline of 22% from the average session volume of 20,882,641 shares. The stock had previously closed at $69.09.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. William Blair upgraded shares of Cisco Systems to a "hold" rating in a report on Thursday, August 14th. Weiss Ratings reissued a "buy (b-)" rating on shares of Cisco Systems in a research report on Wednesday, October 8th. HSBC reissued a "hold" rating and issued a $69.00 target price on shares of Cisco Systems in a research report on Friday, August 15th. KeyCorp began coverage on shares of Cisco Systems in a research report on Thursday, June 26th. They issued an "overweight" rating and a $77.00 target price for the company. Finally, Wolfe Research began coverage on shares of Cisco Systems in a research report on Tuesday, July 8th. They issued a "peer perform" rating for the company. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and ten have issued a Hold rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $74.72.

Cisco Systems Trading Up 1.5%

The company has a current ratio of 1.00, a quick ratio of 0.91 and a debt-to-equity ratio of 0.49. The business's 50-day moving average is $68.23 and its two-hundred day moving average is $65.06. The firm has a market cap of $277.24 billion, a P/E ratio of 26.77, a P/E/G ratio of 2.93 and a beta of 0.97.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last announced its quarterly earnings data on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share for the quarter, beating analysts' consensus estimates of $0.98 by $0.01. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. The business had revenue of $14.67 billion during the quarter, compared to the consensus estimate of $14.63 billion. During the same quarter in the prior year, the firm earned $0.87 EPS. The company's revenue for the quarter 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. As a group, analysts expect that Cisco Systems, Inc. will post 3.04 earnings per share for the current fiscal year.

Cisco Systems Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 22nd. Investors of record on Friday, October 3rd will be given a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend is Friday, October 3rd. Cisco Systems's dividend payout ratio is currently 62.60%.

Insider Buying and Selling at Cisco Systems

In related news, EVP Thimaya K. Subaiya sold 1,744 shares of the business's stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $66.78, for a total transaction of $116,464.32. Following the completion of the sale, the executive vice president owned 158,009 shares of the company's stock, valued at $10,551,841.02. This represents a 1.09% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Charles Robbins sold 30,557 shares of the business's stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $66.63, for a total transaction of $2,036,012.91. Following the sale, the chief executive officer directly owned 639,000 shares of the company's stock, valued at approximately $42,576,570. This represents a 4.56% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 82,965 shares of company stock worth $5,559,996. 0.01% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of CSCO. Bare Financial Services Inc grew its position in Cisco Systems by 531.0% in the 2nd quarter. Bare Financial Services Inc now owns 366 shares of the network equipment provider's stock worth $25,000 after purchasing an additional 308 shares during the last quarter. Financial Connections Group Inc. grew its position in Cisco Systems by 89.4% in the 2nd quarter. Financial Connections Group Inc. now owns 409 shares of the network equipment provider's stock worth $28,000 after purchasing an additional 193 shares during the last quarter. Legacy Investment Solutions LLC acquired a new stake in shares of Cisco Systems in the 2nd quarter worth approximately $28,000. Lowe Wealth Advisors LLC lifted its stake in shares of Cisco Systems by 96.2% in the 3rd quarter. Lowe Wealth Advisors LLC now owns 408 shares of the network equipment provider's stock worth $28,000 after acquiring an additional 200 shares during the period. Finally, Pandora Wealth Inc. acquired a new stake in shares of Cisco Systems in the 1st quarter worth approximately $31,000. Institutional investors own 73.33% of the company's stock.

About Cisco Systems

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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