AEGON ASSET MANAGEMENT UK Plc Sells 36,163 Shares of Cisco Systems, Inc. $CSCO

Key Points

• AEGON ASSET MANAGEMENT UK Plc trimmed its Cisco stake by 4.0%, selling 36,163 shares and leaving 875,385 shares valued at $67.44M — about 0.8% of Aegon’s portfolio and the firm's 29th-largest holding.
• Cisco beat quarterly estimates with $1.04 EPS (vs. $1.02) and $15.35B revenue (vs. $15.11B, +9.7% YoY) and raised its quarterly dividend to $0.42 (annualized $1.68, yield ~1.9%).
• Cisco unveiled a working prototype of a Universal Quantum Switch, drawing positive analyst commentary on AI/quantum upside; the stock carries a "Moderate Buy" consensus and about 73% institutional ownership.

AEGON ASSET MANAGEMENT UK Plc cut its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 4.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 875,385 shares of the network equipment provider's stock after selling 36,163 shares during the quarter. Cisco Systems makes up about 0.8% of AEGON ASSET MANAGEMENT UK Plc's investment portfolio, making the stock its 29th biggest position. AEGON ASSET MANAGEMENT UK Plc's holdings in Cisco Systems were worth $67,440,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Vanguard Group Inc. boosted its position in shares of Cisco Systems by 1.0% during the fourth quarter. Vanguard Group Inc. now owns 398,943,293 shares of the network equipment provider's stock valued at $30,730,602,000 after buying an additional 4,049,893 shares during the period. Munich Reinsurance Co Stock Corp in Munich boosted its position in shares of Cisco Systems by 8.3% during the fourth quarter. Munich Reinsurance Co Stock Corp in Munich now owns 659,218 shares of the network equipment provider's stock valued at $51,030,000 after buying an additional 50,281 shares during the period. Riverbend Wealth Management LLC boosted its position in shares of Cisco Systems by 5.8% during the fourth quarter. Riverbend Wealth Management LLC now owns 6,627 shares of the network equipment provider's stock valued at $510,000 after buying an additional 365 shares during the period. Peoples Bank OH boosted its position in shares of Cisco Systems by 1.9% during the fourth quarter. Peoples Bank OH now owns 7,851 shares of the network equipment provider's stock valued at $605,000 after buying an additional 148 shares during the period. Finally, Equita Financial Network Inc. purchased a new position in shares of Cisco Systems during the fourth quarter valued at approximately $312,000. 73.33% of the stock is owned by institutional investors.

Cisco Systems Stock Up 0.5%

Cisco Systems stock opened at $89.01 on Friday. The business has a fifty day moving average of $80.55 and a two-hundred day moving average of $77.44. The company has a quick ratio of 0.85, a current ratio of 0.96 and a debt-to-equity ratio of 0.45. The firm has a market cap of $351.58 billion, a P/E ratio of 31.23, a P/E/G ratio of 3.34 and a beta of 0.83. Cisco Systems, Inc. has a twelve month low of $56.07 and a twelve month high of $90.45.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last posted its earnings results on Wednesday, February 11th. The network equipment provider reported $1.04 earnings per share for the quarter, topping analysts' consensus estimates of $1.02 by $0.02. The company had revenue of $15.35 billion during the quarter, compared to analyst estimates of $15.11 billion. Cisco Systems had a return on equity of 27.88% and a net margin of 19.22%.Cisco Systems's revenue was up 9.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.94 earnings per share. On average, analysts forecast that Cisco Systems, Inc. will post 3.4 earnings per share for the current fiscal year.

Cisco Systems Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 22nd. Stockholders of record on Thursday, April 2nd were given a dividend of $0.42 per share. The ex-dividend date of this dividend was Thursday, April 2nd. This is a boost from Cisco Systems's previous quarterly dividend of $0.41. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.9%. Cisco Systems's payout ratio is currently 58.95%.

Trending Headlines about Cisco Systems

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

• Positive Sentiment: Cisco unveiled a working prototype of a "Universal Quantum Switch" that can route quantum information between different types of quantum systems — a tangible step toward quantum networking that expands Cisco's addressable market beyond traditional routers and switches. Cisco shows switch that can connect quantum computers of different kinds
• Positive Sentiment: The company’s Universal Quantum Switch press release reported proof-of-concept results (under 4% fidelity degradation) and stressed interoperability over standard telecom fiber — a credibility boost for long-term revenue potential in an emerging market. Cisco Introduces Universal Quantum Switch, Advancing the Path to a Quantum Network
• Positive Sentiment: Analysts and trade pieces are positioning Cisco as a beneficiary of the AI-quantum convergence and as a "pick-and-shovel" supplier to AI infrastructure builds — sentiment that supports multiple-year upside if Cisco converts research into commercial products and services. AI Meets Quantum: Best Pick-and-Shovel Stocks for a Multi-Year Shift
• Positive Sentiment: Market commentary ranks Cisco among AI/infra names with multi‑trillion-dollar potential over time, reflecting investor expectations that its transformation into higher‑margin software/subscriptions and AI hardware could materially re-rate valuation. Cisco Systems (CSCO): Can It Hit Trillion Dollar Milestone?
• Neutral Sentiment: Cisco added Qmulos continuous‑compliance products to its Global Price List, easing procurement for joint customers — a modest commercial win that supports software and services momentum but is not material on its own. Qmulos Now Available on Cisco Global Price List (GPL)
• Neutral Sentiment: Reported short‑interest data for April appears inconsistent (shows 0 shares / NaN change) and is not indicating a meaningful short squeeze or cover signal at this time.
• Negative Sentiment: Despite the upbeat product news, Cisco shares pulled back on April 23 (a larger decline than the market), showing that investors still react to near‑term macro/earnings/rotation risk even as the company invests in new growth areas. Cisco Systems (CSCO) Registers a Bigger Fall Than the Market

Insider Buying and Selling at Cisco Systems

In other news, EVP Oliver Tuszik sold 3,132 shares of the company's stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $79.74, for a total transaction of $249,745.68. Following the transaction, the executive vice president directly owned 188,613 shares of the company's stock, valued at approximately $15,040,000.62. This represents a 1.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Deborah L. Stahlkopf sold 7,981 shares of the company's stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $79.50, for a total value of $634,489.50. Following the transaction, the executive vice president directly owned 187,097 shares in the company, valued at approximately $14,874,211.50. The trade was a 4.09% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 46,431 shares of company stock valued at $3,574,820. Corporate insiders own 0.01% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on CSCO. JPMorgan Chase & Co. boosted their target price on Cisco Systems from $95.00 to $96.00 and gave the company an "overweight" rating in a research report on Thursday, April 16th. Evercore upgraded Cisco Systems from an "in-line" rating to an "outperform" rating and boosted their target price for the company from $80.00 to $100.00 in a research report on Monday, January 26th. Rosenblatt Securities restated a "buy" rating and set a $100.00 target price on shares of Cisco Systems in a research report on Thursday, February 12th. Wall Street Zen lowered Cisco Systems from a "buy" rating to a "hold" rating in a research report on Saturday, March 14th. Finally, BNP Paribas Exane boosted their target price on Cisco Systems from $86.00 to $87.00 and gave the company an "outperform" rating in a research report on Thursday, February 12th. Three equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and eight have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $89.81.

Cisco Systems Profile

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.

Want to see what other hedge funds are holding CSCO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cisco Systems, Inc. (NASDAQ:CSCO - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.