56,264 Shares in Cisco Systems, Inc. $CSCO Acquired by Fideuram Asset Management Ireland dac

Key Points

• Fideuram Asset Management Ireland dac opened a new position in Cisco Systems, buying 56,264 shares worth about $4.33 million in the fourth quarter.
• Several analysts have turned more bullish on Cisco, with firms like Evercore, HSBC, Morgan Stanley, and Rosenblatt raising price targets and maintaining positive ratings. The consensus view remains “Moderate Buy” with an average target of $119.09.
• Cisco’s recent earnings and outlook were solid: it beat quarterly EPS and revenue estimates, reported 12% year-over-year revenue growth, and issued upbeat guidance for fiscal 2026. The stock has also been supported by news tying Cisco to AI infrastructure spending and new cloud/security initiatives.

Fideuram Asset Management Ireland dac bought a new position in Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) in the fourth quarter, according to its most recent filing with the SEC. The firm bought 56,264 shares of the network equipment provider's stock, valued at approximately $4,334,000.

A number of other institutional investors also recently bought and sold shares of CSCO. MidAtlantic Capital Management Inc. acquired a new stake in Cisco Systems in the 4th quarter worth approximately $25,000. Board of the Pension Protection Fund acquired a new stake in Cisco Systems in the 4th quarter worth approximately $31,000. EQ Wealth Advisors LLC acquired a new stake in Cisco Systems in the 4th quarter worth approximately $31,000. Anfield Capital Management LLC boosted its stake in Cisco Systems by 248.9% in the 4th quarter. Anfield Capital Management LLC now owns 485 shares of the network equipment provider's stock worth $37,000 after purchasing an additional 346 shares in the last quarter. Finally, Joseph Group Capital Management acquired a new stake in Cisco Systems in the 4th quarter worth approximately $38,000. 73.33% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms recently commented on CSCO. Evercore lifted their target price on shares of Cisco Systems from $110.00 to $150.00 and gave the stock an "outperform" rating in a research note on Thursday, May 14th. Rosenblatt Securities restated a "buy" rating and set a $100.00 price objective on shares of Cisco Systems in a research note on Thursday, February 12th. CICC Research lifted their price objective on shares of Cisco Systems from $96.00 to $125.00 and gave the company an "outperform" rating in a research note on Monday, May 18th. HSBC upgraded shares of Cisco Systems from a "hold" rating to a "buy" rating and lifted their price objective for the company from $77.00 to $137.00 in a research note on Friday, May 15th. Finally, Morgan Stanley lifted their price objective on shares of Cisco Systems from $91.00 to $120.00 and gave the company an "overweight" rating in a research note on Thursday, May 14th. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eight have assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $119.09.

Key Stories Impacting Cisco Systems

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

• Positive Sentiment: Bank of America raised its price target on Cisco to $135 from $114 and kept a Buy rating, citing stronger demand for networking gear tied to AI infrastructure spending. BofA raises Cisco, Ciena targets as AI optics boom accelerates
• Positive Sentiment: Rosenblatt also boosted its Cisco target to $150 from $100 after the latest earnings report, reinforcing confidence in the company’s results and guidance. Rosenblatt Raises its Price Target on Cisco Systems (CSCO)
• Positive Sentiment: Cisco is being positioned as a beneficiary of the AI buildout, with articles highlighting record results and momentum in networking demand. AI Buildout Fuels Record Results for These Companies
• Positive Sentiment: Qumulo and Cisco launched a CloudBridge architecture aimed at extending file workloads into the cloud, adding another AI/cloud infrastructure use case for Cisco’s platform. Qumulo and Cisco Deliver Industry-First CloudBridge Architecture...
• Positive Sentiment: New coverage suggests Cisco’s security revenue growth could accelerate as it links security to the AI infrastructure cycle, Splunk observability, and AI-agent defenses. Cisco's Security Revenue Growth Set to Pick Up: What's Ahead?
• Neutral Sentiment: Several momentum-focused articles are highlighting Cisco as a strong stock pick, but these are mostly commentary pieces rather than new fundamental developments. Are You Looking for a Top Momentum Pick? Why Cisco Systems (CSCO) is a Great Choice
• Neutral Sentiment: CEO Charles Robbins sold 21,400 shares under a pre-arranged 10b5-1 plan; the sale is worth noting, but it appears routine and not a major fundamental signal. SEC filing

Cisco Systems Stock Performance

CSCO opened at $118.64 on Friday. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.92 and a quick ratio of 0.81. The firm has a fifty day moving average price of $92.59 and a 200 day moving average price of $82.92. Cisco Systems, Inc. has a 1 year low of $62.30 and a 1 year high of $120.79. The stock has a market cap of $467.61 billion, a P/E ratio of 38.52, a P/E/G ratio of 3.14 and a beta of 0.92.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last posted its earnings results on Wednesday, May 13th. The network equipment provider reported $1.06 earnings per share (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 during the quarter, compared to analysts' expectations of $15.56 billion. During the same period in the previous year, the business posted $0.96 EPS. The business's revenue was up 12.0% compared to the same quarter last year. 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. Equities research analysts anticipate that Cisco Systems, Inc. will post 3.44 earnings per share for the current year.

Cisco Systems Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 22nd. Investors of record on Monday, July 6th will be paid a $0.42 dividend. This represents a $1.68 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Monday, July 6th. Cisco Systems's payout ratio is currently 54.55%.

Insider Transactions at Cisco Systems

In related news, EVP Oliver Tuszik sold 3,132 shares of the business's stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $79.74, for a total value of $249,745.68. Following the completion of the transaction, the executive vice president directly owned 188,613 shares in the company, valued at $15,040,000.62. The trade was a 1.63% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Deborah L. Stahlkopf sold 7,981 shares of the business's stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $79.50, for a total transaction of $634,489.50. Following the completion of the transaction, the executive vice president owned 187,097 shares of the company's stock, valued at approximately $14,874,211.50. This represents a 4.09% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 51,324 shares of company stock worth $5,559,834. 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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