9,533 Cisco Systems, Inc. $CSCO Shares Bought by IFP Advisors Inc

Key Points

• IFP Advisors increased its Cisco stake by 8.6% in the third quarter, buying 9,533 shares for a total holding of 119,870 shares valued at approximately $13.0 million. Institutional investors collectively own 73.33% of the company.
• Analyst sentiment remains favorable, with Cisco receiving a consensus “Moderate Buy” rating and an average price target of $128.52, despite mixed revisions from firms including UBS, HSBC, Zacks Research, Morgan Stanley and Deutsche Bank.
• Cisco reported quarterly EPS of $1.22 and revenue of $17.25 billion, beating estimates, while revenue grew 17.6% year over year. The company also announced a quarterly dividend of $0.42 per share, equivalent to a 1.6% annual yield.

IFP Advisors Inc boosted its position in Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 8.6% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 119,870 shares of the network equipment provider's stock after purchasing an additional 9,533 shares during the period. IFP Advisors Inc's holdings in Cisco Systems were worth $13,035,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Networth Advisors LLC increased its position in shares of Cisco Systems by 276.4% during the 1st quarter. Networth Advisors LLC now owns 335 shares of the network equipment provider's stock valued at $26,000 after purchasing an additional 246 shares during the last quarter. Financial Life Planners purchased a new position in shares of Cisco Systems in the first quarter worth approximately $27,000. Manning & Napier Advisors LLC boosted its holdings in shares of Cisco Systems by 137.0% in the first quarter. Manning & Napier Advisors LLC now owns 346 shares of the network equipment provider's stock worth $27,000 after buying an additional 200 shares during the last quarter. Halbert Hargrove Global Advisors LLC boosted its holdings in shares of Cisco Systems by 142.5% in the third quarter. Halbert Hargrove Global Advisors LLC now owns 257 shares of the network equipment provider's stock worth $28,000 after buying an additional 151 shares during the last quarter. Finally, Osbon Capital Management LLC bought a new stake in Cisco Systems during the fourth quarter valued at approximately $32,000. 73.33% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

CSCO has been the subject of a number of research reports. UBS Group upped their target price on shares of Cisco Systems from $132.00 to $138.00 and gave the company a "buy" rating in a report on Thursday, August 13th. HSBC downgraded shares of Cisco Systems from a "buy" rating to a "hold" rating and decreased their price target for the stock from $137.00 to $120.00 in a research report on Friday, August 14th. Zacks Research upgraded shares of Cisco Systems from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, September 30th. Morgan Stanley boosted their price objective on shares of Cisco Systems from $130.00 to $135.00 and gave the company an "overweight" rating in a research report on Thursday, August 13th. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on shares of Cisco Systems in a research report on Tuesday, September 1st. They set a "buy" rating and a $135.00 price objective for the company. Three equities research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, Cisco Systems presently has a consensus rating of "Moderate Buy" and an average price target of $128.52.

Cisco Systems Stock Down 2.2%

NASDAQ CSCO opened at $107.39 on Friday. The stock's 50-day moving average price is $111.38 and its 200-day moving average price is $108.87. 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 52 week low of $68.95 and a 52 week high of $130.37. The company has a market capitalization of $423.39 billion, a P/E ratio of 32.15, a price-to-earnings-growth ratio of 2.24 and a beta of 0.99.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last posted its quarterly earnings data on Wednesday, August 12th. The network equipment provider reported $1.22 earnings per share for the quarter, beating analysts' consensus estimates of $1.17 by $0.05. The firm had revenue of $17.25 billion for the quarter, compared to analysts' expectations of $16.84 billion. Cisco Systems had a return on equity of 30.16% and a net margin of 20.95%. The business's quarterly revenue was up 17.6% on a year-over-year basis. During the same period in the previous year, the firm earned $0.99 EPS. 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, equities research analysts predict that Cisco Systems, Inc. will post 4.42 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, October 21st. Shareholders of record on Friday, October 2nd will be paid a dividend of $0.42 per share. The ex-dividend date is Friday, October 2nd. This represents a $1.68 dividend on an annualized basis and a yield of 1.6%. Cisco Systems's dividend payout ratio (DPR) is presently 50.30%.

Key Cisco Systems News

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

• Positive Sentiment: AI infrastructure collaboration: Cisco and NVIDIA are developing a 400G optical standard for AI data centers, designed to increase bandwidth density and support an open hardware ecosystem. The initiative could strengthen Cisco’s position in large-scale AI networking. Cisco Backs a New 400G Optical Standard for AI Data Centers
• Positive Sentiment: Strong demand and sales momentum: Cisco’s AI infrastructure spending and campus-network upgrades are supporting demand. Analysts also highlighted the company’s 17.6% year-over-year quarterly sales growth—the fastest pace in roughly a decade—as evidence of improving fundamentals. How Rare Is Cisco’s Record Sales Growth?
• Positive Sentiment: Relative valuation appeal: A comparison with Astera Labs argues that Cisco offers greater potential upside at a lower valuation while benefiting from robust networking demand, though Astera has delivered stronger recent stock performance. ALAB vs. CSCO: Which AI Infrastructure Stock Is a Better Buy?
• Neutral Sentiment: Recurring-revenue question: Investors are assessing whether Cisco can sustain software and support renewals after the current equipment-upgrade cycle slows. Recurring revenue would provide stability, but the articles do not offer new renewal data. Can Software Renewals Outlast the Networking Upgrade Cycle?
• Negative Sentiment: Competitive and headline risks: Arista Networks has outperformed Cisco in AI networking, underscoring competitive concerns. Separately, Cisco’s multimillion-dollar donation to a White House ballroom project could create reputational or political controversy, although it has no direct financial impact disclosed. Nvidia and Cisco Confirm Donations to White House Ballroom

Insider Buying and Selling at Cisco Systems

In other Cisco Systems news, insider Jeetendra Patel sold 7,170 shares of Cisco Systems stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $111.57, for a total transaction of $799,956.90. Following the transaction, the insider owned 230,593 shares of the company's stock, valued at $25,727,261.01. The trade was a 3.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Charles Robbins sold 21,628 shares of the company's stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $111.54, for a total transaction of $2,412,387.12. Following the completion of the transaction, the chief executive officer owned 602,710 shares of the company's stock, valued at approximately $67,226,273.40. The trade was a 3.46% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 44,869 shares of company stock valued at $5,005,620. 0.01% of the stock is currently owned by company insiders.

Cisco Systems Company 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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