AlphaQuest LLC Has $2.86 Million Stock Position in Cisco Systems, Inc. $CSCO

Key Points

• AlphaQuest LLC increased its stake in Cisco Systems, acquiring a total of 46,320 shares worth approximately $2.86 million after a 35.4% increase in the first quarter.
• Several institutional investors, including Vanguard Group and Goldman Sachs, have also significantly boosted their holdings in Cisco Systems, illustrating strong investor confidence in the company.
• Cisco reported $0.99 EPS for the latest quarter, exceeding estimates, and announced a quarterly dividend of $0.41 per share, reflecting a 2.4% yield.

AlphaQuest LLC grew its position in Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 35.4% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 46,320 shares of the network equipment provider's stock after buying an additional 12,119 shares during the period. Cisco Systems makes up 0.3% of AlphaQuest LLC's portfolio, making the stock its 26th largest position. AlphaQuest LLC's holdings in Cisco Systems were worth $2,858,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. boosted its stake in Cisco Systems by 0.5% in the 1st quarter. Vanguard Group Inc. now owns 388,949,854 shares of the network equipment provider's stock worth $24,002,095,000 after purchasing an additional 1,865,648 shares during the period. Northern Trust Corp boosted its stake in Cisco Systems by 11.4% in the 4th quarter. Northern Trust Corp now owns 47,238,258 shares of the network equipment provider's stock worth $2,796,505,000 after purchasing an additional 4,832,813 shares during the period. Invesco Ltd. boosted its stake in shares of Cisco Systems by 10.4% during the 1st quarter. Invesco Ltd. now owns 47,117,146 shares of the network equipment provider's stock worth $2,907,599,000 after buying an additional 4,437,450 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of Cisco Systems by 37.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 46,973,293 shares of the network equipment provider's stock worth $2,898,722,000 after buying an additional 12,775,066 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Cisco Systems by 7.8% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 36,471,275 shares of the network equipment provider's stock worth $2,159,099,000 after buying an additional 2,637,006 shares during the last quarter. Institutional investors and hedge funds own 73.33% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on CSCO. Wall Street Zen downgraded shares of Cisco Systems from a "strong-buy" rating to a "buy" rating in a research note on Saturday, July 12th. HSBC reaffirmed a "hold" rating and issued a $69.00 target price on shares of Cisco Systems in a report on Friday, August 15th. UBS Group upped their target price on shares of Cisco Systems from $70.00 to $74.00 and gave the company a "neutral" rating in a report on Tuesday, August 5th. Bank of America upped their target price on shares of Cisco Systems from $76.00 to $85.00 and gave the company a "buy" rating in a report on Thursday, August 14th. Finally, Rosenblatt Securities reaffirmed a "buy" rating and issued a $87.00 target price on shares of Cisco Systems in a report on Thursday, August 14th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and ten have issued a Hold rating to the company's stock. According to data from MarketBeat, Cisco Systems currently has an average rating of "Moderate Buy" and an average price target of $74.53.

Cisco Systems Stock Performance

Shares of NASDAQ:CSCO opened at $67.02 on Friday. The company's 50 day moving average price is $68.13 and its two-hundred day moving average price is $63.51. Cisco Systems, Inc. has a 12-month low of $47.85 and a 12-month high of $72.55. The firm has a market cap of $265.40 billion, a PE ratio of 25.58, a PEG ratio of 2.86 and a beta of 0.91. The company has a quick ratio of 0.92, a current ratio of 1.01 and a debt-to-equity ratio of 0.49.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last announced its earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.98 by $0.01. Cisco Systems had a net margin of 18.45% and a return on equity of 27.02%. The firm had revenue of $14.67 billion for the quarter, compared to analyst estimates of $14.63 billion. During the same quarter in the prior year, the business posted $0.87 EPS. The business's revenue was up 7.6% compared to the same quarter last year. Cisco Systems has set its Q1 2026 guidance at 0.970-0.990 EPS. FY 2026 guidance at 4.000-4.060 EPS. Equities research analysts predict that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.

Cisco Systems Dividend Announcement

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

Insider Transactions at Cisco Systems

In other news, EVP Thimaya K. Subaiya sold 7,511 shares of the firm's stock in a transaction on Wednesday, August 20th. The shares were sold at an average price of $66.84, for a total transaction of $502,035.24. Following the completion of the transaction, the executive vice president owned 161,467 shares of the company's stock, valued at approximately $10,792,454.28. This trade represents a 4.44% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Maria Victoria Wong sold 475 shares of the business's stock in a transaction on Friday, August 15th. The shares were sold at an average price of $68.61, for a total transaction of $32,589.75. Following the completion of the transaction, the senior vice president owned 34,630 shares in the company, valued at approximately $2,375,964.30. The trade was a 1.35% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 135,118 shares of company stock valued at $8,847,167. Corporate insiders own 0.01% of the company's stock.

Cisco Systems Company 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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