Arbejdsmarkedets Tillaegspension Makes New Investment in Cisco Systems, Inc. $CSCO

Key Points

• Arbejdsmarkedets Tillaegspension opened a new position in Cisco Systems during the fourth quarter, buying 292,529 shares worth about $22.5 million.
• Cisco reported better-than-expected quarterly results, with EPS of $1.06 and revenue of $15.84 billion, and it also raised guidance for Q4 2026 and FY 2026.
• Wall Street sentiment has turned more bullish, with several analysts raising price targets; Cisco’s shares were also up 2.3% in Friday trading and the stock has climbed sharply over the past year.

Arbejdsmarkedets Tillaegspension purchased a new position in shares of Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 292,529 shares of the network equipment provider's stock, valued at approximately $22,534,000.

A number of other institutional investors and hedge funds have also made changes to their positions in CSCO. Vanguard Group Inc. grew its stake in Cisco Systems by 1.0% in the 4th quarter. Vanguard Group Inc. now owns 398,943,293 shares of the network equipment provider's stock valued at $30,730,602,000 after acquiring an additional 4,049,893 shares during the last quarter. Invesco Ltd. grew its stake in Cisco Systems by 10.5% in the 3rd quarter. Invesco Ltd. now owns 53,612,720 shares of the network equipment provider's stock valued at $3,668,182,000 after acquiring an additional 5,081,469 shares during the last quarter. Northern Trust Corp grew its stake in Cisco Systems by 3.5% in the 3rd quarter. Northern Trust Corp now owns 48,498,612 shares of the network equipment provider's stock valued at $3,318,275,000 after acquiring an additional 1,631,703 shares during the last quarter. Franklin Resources Inc. grew its stake in Cisco Systems by 4.4% in the 3rd quarter. Franklin Resources Inc. now owns 42,641,483 shares of the network equipment provider's stock valued at $2,917,530,000 after acquiring an additional 1,804,625 shares during the last quarter. Finally, Legal & General Group Plc lifted its holdings in Cisco Systems by 7.2% in the 3rd quarter. Legal & General Group Plc now owns 37,674,954 shares of the network equipment provider's stock valued at $2,577,720,000 after purchasing an additional 2,535,716 shares in the last quarter. 73.33% of the stock is owned by institutional investors and hedge funds.

Cisco Systems Trading Up 2.3%

NASDAQ CSCO opened at $118.21 on Friday. Cisco Systems, Inc. has a one year low of $62.30 and a one year high of $119.36. The company's 50 day moving average price is $85.41 and its 200 day moving average price is $79.95. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.85 and a current ratio of 0.92. The firm has a market capitalization of $466.92 billion, a price-to-earnings ratio of 38.38, a PEG ratio of 4.34 and a beta of 0.92.

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, beating the consensus estimate of $1.03 by $0.03. Cisco Systems had a net margin of 20.14% and a return on equity of 28.44%. The company had revenue of $15.84 billion during the quarter, compared to the consensus estimate of $15.56 billion. During the same quarter last year, the company earned $0.96 earnings per share. Cisco Systems's revenue for the quarter was up 12.0% on a year-over-year basis. 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. On average, sell-side analysts predict that Cisco Systems, Inc. will post 3.42 EPS for the current year.

Cisco Systems Dividend Announcement

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

Analyst Ratings Changes

CSCO has been the topic of a number of recent research reports. Morgan Stanley upped their target price on shares of Cisco Systems from $91.00 to $120.00 and gave the company an "overweight" rating in a report on Thursday. New Street Research upped their target price on shares of Cisco Systems from $82.00 to $122.00 and gave the company a "neutral" rating in a report on Thursday. CICC Research upped their target price on shares of Cisco Systems from $84.00 to $96.00 and gave the company an "outperform" rating in a report on Friday, February 13th. Wells Fargo & Company increased their price objective on shares of Cisco Systems from $95.00 to $130.00 and gave the stock an "overweight" rating in a report on Thursday. Finally, Barclays increased their price objective on shares of Cisco Systems from $76.00 to $121.00 and gave the stock an "equal weight" rating in a report on Thursday. Three research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Cisco Systems has an average rating of "Moderate Buy" and an average target price of $114.55.

Insider Activity

In other news, EVP Deborah L. Stahlkopf sold 7,981 shares of the firm'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 transaction of $634,489.50. Following the completion of the sale, the executive vice president owned 187,097 shares of the company's stock, valued at approximately $14,874,211.50. This trade represents a 4.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Oliver Tuszik sold 3,132 shares of the firm's stock in a transaction that occurred 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 sale, the executive vice president directly owned 188,613 shares of the company's stock, valued at $15,040,000.62. The trade was a 1.63% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 15,587 shares of company stock worth $1,230,765 over the last three months. Insiders own 0.01% of the company's stock.

Trending Headlines about Cisco Systems

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

• Positive Sentiment: Cisco reported stronger-than-expected Q3 earnings and revenue, with EPS of $1.06 topping estimates and sales of $15.84 billion above forecasts. Article title
• Positive Sentiment: The company raised full-year guidance and pointed to roughly $9 billion in fiscal 2026 hyperscaler AI infrastructure orders, reinforcing the view that Cisco is becoming a key AI infrastructure beneficiary. Article title
• Positive Sentiment: Multiple firms raised price targets after the earnings beat, including HSBC, Evercore, Piper Sandler, KeyCorp, Morgan Stanley, UBS, BNP Paribas, Wells Fargo and Citigroup, signaling broad Wall Street optimism. Article title
• Positive Sentiment: Cisco’s CEO said AI will force a “multi-billion dollar infrastructure reset,” which supports the bullish narrative that the company is at the center of a long upgrade cycle. Article title
• Neutral Sentiment: Cisco also announced plans to cut about 4,000 jobs as it reshapes spending toward AI, which may improve efficiency but adds some execution risk. Article title
• Neutral Sentiment: Some commentary warns that the stock’s rapid rally has pushed valuation higher, and options activity shows elevated volatility expectations heading into the next phase. Article title

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.

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