28,400 Shares of Cisco Systems, Inc. $CSCO Bought by Leo Wealth LLC

Key Points

• Leo Wealth LLC acquired 28,400 Cisco shares worth approximately $3.06 million during the third quarter. Institutional investors collectively own 73.33% of Cisco’s stock.
• Cisco reported quarterly EPS of $1.22, exceeding estimates by $0.05, while revenue rose 17.6% year over year to $17.25 billion. The company also issued a quarterly dividend of $0.42 per share, representing a 1.5% yield.
• Analysts maintain a generally positive outlook, with the stock carrying a “Moderate Buy” consensus rating and an average price target of $128.52 versus its reported price of $110.24.

Leo Wealth LLC acquired a new stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 28,400 shares of the network equipment provider's stock, valued at approximately $3,057,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Apollon Wealth Management LLC raised its position in shares of Cisco Systems by 6.8% during the third quarter. Apollon Wealth Management LLC now owns 186,584 shares of the network equipment provider's stock worth $20,082,000 after purchasing an additional 11,926 shares during the period. Holos Integrated Wealth LLC grew its position in Cisco Systems by 168.0% in the 3rd quarter. Holos Integrated Wealth LLC now owns 1,431 shares of the network equipment provider's stock valued at $152,000 after purchasing an additional 897 shares during the period. Tower View Wealth Management LLC grew its position in Cisco Systems by 2.9% in the 3rd quarter. Tower View Wealth Management LLC now owns 19,051 shares of the network equipment provider's stock valued at $2,050,000 after purchasing an additional 545 shares during the period. Morton Brown Family Wealth LLC grew its position in Cisco Systems by 25.6% in the 3rd quarter. Morton Brown Family Wealth LLC now owns 1,011 shares of the network equipment provider's stock valued at $109,000 after purchasing an additional 206 shares during the period. Finally, Nadler Financial Group Inc. increased its stake in Cisco Systems by 4.0% during the 3rd quarter. Nadler Financial Group Inc. now owns 10,174 shares of the network equipment provider's stock valued at $1,095,000 after purchasing an additional 395 shares in the last quarter. Institutional investors own 73.33% of the company's stock.

Cisco Systems Stock Up 3.5%

Shares of NASDAQ:CSCO opened at $110.24 on Tuesday. The stock has a market cap of $434.63 billion, a price-to-earnings ratio of 33.01, a PEG ratio of 2.22 and a beta of 0.99. The company has a quick ratio of 0.79, a current ratio of 0.93 and a debt-to-equity ratio of 0.39. Cisco Systems, Inc. has a 12-month low of $70.43 and a 12-month high of $130.37. The business's 50 day moving average is $110.23 and its 200 day moving average is $100.14.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last announced its quarterly earnings results on Wednesday, August 12th. The network equipment provider reported $1.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.17 by $0.05. The business had revenue of $17.25 billion during the quarter, compared to the consensus estimate of $16.84 billion. Cisco Systems had a return on equity of 30.16% and a net margin of 20.95%. Cisco Systems's revenue was up 17.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.99 earnings per share. Cisco Systems has set its FY 2027 guidance at 5.050-5.110 EPS and its Q1 2027 guidance at 1.320-1.340 EPS. On average, sell-side analysts forecast that Cisco Systems, Inc. will post 4.42 earnings per share for the current fiscal year.

Cisco Systems Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 21st. Shareholders of record on Friday, October 2nd were issued a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend was Friday, October 2nd. Cisco Systems's payout ratio is currently 50.30%.

Wall Street Analyst Weigh In

CSCO has been the topic of several research reports. Barclays upped their price objective on shares of Cisco Systems from $121.00 to $123.00 and gave the stock an "equal weight" rating in a report on Thursday, August 13th. Sanford C. Bernstein started coverage on shares of Cisco Systems in a report on Wednesday, September 30th. They set a "market perform" rating and a $110.00 price objective for the company. HSBC downgraded shares of Cisco Systems from a "buy" rating to a "hold" rating and decreased their target price for the stock from $137.00 to $120.00 in a research report on Friday, August 14th. Truist Financial upped their target price on shares of Cisco Systems from $125.00 to $140.00 and gave the stock a "buy" rating in a report on Thursday, August 13th. Finally, Wall Street Zen raised shares of Cisco Systems from a "hold" rating to a "buy" rating in a research report on Sunday, October 11th. Three research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $128.52.

Insider Transactions at Cisco Systems

In related news, EVP Oliver Tuszik sold 680 shares of the firm's stock in a transaction dated Monday, September 14th. The shares were sold at an average price of $110.18, for a total transaction of $74,922.40. Following the transaction, the executive vice president directly owned 163,337 shares of the company's stock, valued at $17,996,470.66. This trade represents a 0.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Deborah L. Stahlkopf sold 6,487 shares of the firm's stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $111.53, for a total transaction of $723,495.11. Following the transaction, the executive vice president directly owned 167,116 shares in the company, valued at $18,638,447.48. The trade was a 3.74% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 44,869 shares of company stock worth $5,005,620. 0.01% of the stock is owned by insiders.

Cisco Systems News Summary

Here are the key news stories impacting Cisco Systems this week:

• Positive Sentiment: AI-focused partner strategy: At Cisco Partner Summit, the company introduced updates to its Cisco 360 partner program, including ecosystem deal registration, new incentives, AI-enabled tools, and broader availability of Cisco IQ. The initiatives are designed to help partners capture increased enterprise spending on AI-ready networking and could support future revenue growth. Cisco Expands Partner Opportunity with New Cisco 360 Program Updates, High Yield Customer Experience Offerings, and AI-Ready Innovations
• Positive Sentiment: Expanded Cisco IQ adoption: Presidio is integrating Cisco IQ with its Presidio Advisor platform, combining Cisco’s AI-powered operational intelligence with multi-vendor lifecycle management. The agreement may increase the visibility and commercial reach of Cisco IQ while reinforcing Cisco’s position in proactive IT management and security. Presidio Integrates Cisco IQ with Presidio Advisor
• Positive Sentiment: Fundamental and analyst support: Wall Street’s generally bullish view, along with Cisco’s latest earnings beat, 17.6% revenue growth, and raised fiscal-year outlook, continues to attract investor attention. Is It Worth Investing in Cisco Based on Wall Street’s Bullish Views?
• Neutral Sentiment: Trading considerations: Technical coverage describes a rebound but highlights resistance ahead. Cisco’s shares trade well above their 200-day moving average, while a P/E near 33 may make investors more sensitive to execution and forward-growth expectations. Cisco Bounces Back: Can It Break Through Resistance?
• Neutral Sentiment: A report showing zero short interest offers no meaningful bearish or short-covering signal and appears inconsistent with the claim of a large increase in short interest.

Cisco Systems Profile

Cisco Systems, Inc is a global technology company that develops networking, cybersecurity, collaboration and observability solutions for businesses, government organizations and service providers. Its offerings include routers, switches, wireless networking equipment, data-center infrastructure, security software and services, as well as technologies that support cloud and hybrid IT environments.

The company also provides collaboration tools through its Webex portfolio, cloud-managed networking through Cisco Meraki and security and observability capabilities that include technologies from Splunk, which Cisco acquired in 2024.

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