Allen Investment Management LLC Buys Shares of 15,142 Cisco Systems, Inc. $CSCO

Key Points

• Allen Investment Management LLC opened a new position in Cisco Systems in the fourth quarter, buying 15,142 shares valued at about $1.17 million.
• Cisco reported strong quarterly results, with EPS of $1.06 beating estimates and revenue of $15.84 billion topping forecasts, while revenue rose 12% year over year. The company also issued upbeat guidance for Q4 2026 and FY 2026.
• The stock has attracted more bullish attention from analysts and investors, with several firms raising price targets and Cisco maintaining a “Moderate Buy” consensus rating. The company also announced a quarterly dividend of $0.42 per share, payable July 22.

Allen Investment Management LLC bought a new stake in Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 15,142 shares of the network equipment provider's stock, valued at approximately $1,166,000.

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

Cisco Systems Trading Up 0.8%

Shares of Cisco Systems stock opened at $121.33 on Tuesday. Cisco Systems, Inc. has a 1 year low of $62.71 and a 1 year high of $121.95. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.81 and a current ratio of 0.92. The company has a market capitalization of $478.21 billion, a P/E ratio of 39.39, a PEG ratio of 3.16 and a beta of 1.01. The company's fifty day moving average is $94.31 and its two-hundred day moving average is $83.61.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last issued its quarterly earnings data on Wednesday, May 13th. The network equipment provider reported $1.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.03 by $0.03. The company had revenue of $15.84 billion for the quarter, compared to the consensus estimate of $15.56 billion. Cisco Systems had a net margin of 20.14% and a return on equity of 28.44%. Cisco Systems's revenue for the quarter was up 12.0% on a year-over-year basis. During the same period last year, the firm posted $0.96 EPS. 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. Analysts forecast that Cisco Systems, Inc. will post 3.44 earnings per share for the current year.

Cisco Systems Announces Dividend

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

Insiders Place Their Bets

In related news, EVP Deborah L. Stahlkopf sold 7,981 shares of the business's stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $79.50, for a total value of $634,489.50. Following the completion of the sale, 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. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Jeetendra I. Patel sold 7,169 shares of the business's stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $117.28, for a total transaction of $840,780.32. Following the sale, the insider owned 246,737 shares of the company's stock, valued at approximately $28,937,315.36. This represents a 2.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 51,324 shares of company stock valued at $5,559,834. 0.01% of the stock is currently owned by insiders.

Key Headlines Impacting Cisco Systems

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

• Positive Sentiment: Wall Street sentiment is turning more bullish on Cisco after its strong quarter, with BofA reportedly raising its price target to $135 from $114 and reiterating a Buy rating. Wall Street Turns More Bullish on Cisco (CSCO) after Strong Quarter
• Positive Sentiment: Cisco’s valuation and momentum are being highlighted again after record quarterly revenue, $5.3 billion in year-to-date AI infrastructure orders, and guidance that came in above expectations, reinforcing the growth narrative behind the recent stock strength. Cisco Systems (CSCO) Valuation Check After Record Revenue And Strong AI Infrastructure Momentum
• Positive Sentiment: Brokerage coverage remains constructive, with Cisco receiving a consensus “Moderate Buy” rating, which can help sustain investor confidence. Cisco Systems, Inc. NASDAQ: CSCO Given Consensus Rating of "Moderate Buy" by Brokerages
• Neutral Sentiment: Cisco is also showing up on stock-watch lists and search trends, reflecting elevated investor interest rather than a new fundamental catalyst. Here is What to Know Beyond Why Cisco Systems, Inc. (CSCO) is a Trending Stock

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on CSCO shares. Rosenblatt Securities reiterated a "buy" rating and set a $100.00 target price on shares of Cisco Systems in a report on Thursday, February 12th. Evercore increased their target price on shares of Cisco Systems from $110.00 to $150.00 and gave the stock an "outperform" rating in a report on Thursday, May 14th. Citigroup increased their target price on shares of Cisco Systems from $90.00 to $112.00 and gave the stock a "buy" rating in a report on Thursday, May 14th. KeyCorp increased their target price on shares of Cisco Systems from $87.00 to $125.00 and gave the stock an "overweight" rating in a report on Thursday, May 14th. Finally, Zacks Research lowered shares of Cisco Systems from a "strong-buy" rating to a "hold" rating in a report on Monday, April 13th. Two research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat, Cisco Systems currently has a consensus rating of "Moderate Buy" and an average target price of $119.09.

Cisco Systems Company 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.

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