Acadian Asset Management LLC Raises Stock Position in Cisco Systems, Inc. $CSCO

Key Points

• Acadian Asset Management LLC significantly increased its stake in Cisco Systems, Inc. by 255.9%, holding nearly 7.8 million shares valued at approximately $482.5 million, representing 1.4% of its overall portfolio.
• Cisco's recent earnings report showed an EPS of $0.99, exceeding analyst expectations, with revenues of $14.67 billion, up 7.6% from last year; the company has forecasted its earnings guidance for Q1 2026 to be between $0.970 and $0.990.
• The company declared a quarterly dividend of $0.41, resulting in an annualized dividend yield of 2.4%, following a payout ratio of 62.60%.

Acadian Asset Management LLC boosted its stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 255.9% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 7,819,547 shares of the network equipment provider's stock after purchasing an additional 5,622,672 shares during the period. Cisco Systems makes up about 1.4% of Acadian Asset Management LLC's portfolio, making the stock its 14th biggest position. Acadian Asset Management LLC owned approximately 0.20% of Cisco Systems worth $482,509,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently bought and sold shares of CSCO. Ashton Thomas Securities LLC boosted its holdings in shares of Cisco Systems by 2.9% in the 1st quarter. Ashton Thomas Securities LLC now owns 5,654 shares of the network equipment provider's stock valued at $349,000 after acquiring an additional 159 shares during the last quarter. Greenline Partners LLC boosted its holdings in shares of Cisco Systems by 0.5% in the 1st quarter. Greenline Partners LLC now owns 32,570 shares of the network equipment provider's stock valued at $2,010,000 after acquiring an additional 162 shares during the last quarter. Legacy Financial Group Inc. lifted its stake in shares of Cisco Systems by 3.4% in the 4th quarter. Legacy Financial Group Inc. now owns 5,100 shares of the network equipment provider's stock valued at $302,000 after purchasing an additional 169 shares during the period. Avalon Trust Co lifted its stake in shares of Cisco Systems by 5.4% in the 1st quarter. Avalon Trust Co now owns 3,433 shares of the network equipment provider's stock valued at $212,000 after purchasing an additional 177 shares during the period. Finally, Rossmore Private Capital lifted its stake in shares of Cisco Systems by 0.3% in the 1st quarter. Rossmore Private Capital now owns 69,220 shares of the network equipment provider's stock valued at $4,272,000 after purchasing an additional 181 shares during the period. Hedge funds and other institutional investors own 73.33% of the company's stock.

Cisco Systems Price Performance

Shares of NASDAQ CSCO opened at $67.34 on Wednesday. The firm has a 50-day simple moving average of $68.35 and a 200-day simple moving average of $63.92. The stock has a market capitalization of $266.21 billion, a price-to-earnings ratio of 25.70, a price-to-earnings-growth ratio of 2.81 and a beta of 0.99. The company has a quick ratio of 0.91, a current ratio of 1.00 and a debt-to-equity ratio of 0.49. Cisco Systems, Inc. has a 52 week low of $47.85 and a 52 week high of $72.55.

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. The business had revenue of $14.67 billion during the quarter, compared to analysts' expectations of $14.63 billion. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. The company's quarterly revenue was up 7.6% compared to the same quarter last year. During the same period in the prior year, the business earned $0.87 earnings per share. 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 analysts predict that Cisco Systems, Inc. will post 3.04 earnings per share for the current fiscal year.

Cisco Systems Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 22nd. Stockholders of record on Friday, October 3rd will be given a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Friday, October 3rd. Cisco Systems's dividend payout ratio is 62.60%.

Insiders Place Their Bets

In other news, EVP Deborah L. Stahlkopf sold 9,783 shares of the stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $66.60, for a total value of $651,547.80. Following the completion of the sale, the executive vice president directly owned 161,662 shares in the company, valued at $10,766,689.20. This represents a 5.71% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Charles Robbins sold 30,557 shares of the 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 completion of the sale, the chief executive officer owned 639,000 shares of the company's stock, valued at $42,576,570. This trade represents a 4.56% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 86,142 shares of company stock valued at $5,713,929. Corporate insiders own 0.01% of the company's stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on the stock. KeyCorp assumed coverage on shares of Cisco Systems in a research note on Thursday, June 26th. They issued an "overweight" rating and a $77.00 target price for the company. Deutsche Bank Aktiengesellschaft upgraded shares of Cisco Systems from a "hold" rating to a "buy" rating and boosted their target price for the company from $65.00 to $73.00 in a research note on Monday, June 16th. HSBC reiterated a "hold" rating and issued a $69.00 target price on shares of Cisco Systems in a research note on Friday, August 15th. Wall Street Zen cut shares of Cisco Systems from a "strong-buy" rating to a "buy" rating in a research note on Saturday, July 12th. Finally, Bank of America upped their price objective on shares of Cisco Systems from $76.00 to $85.00 and gave the stock a "buy" rating in a research report on Thursday, August 14th. One investment 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. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $74.53.

Cisco Systems 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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