Argo Wealth Advisory LLC Takes Position in Cisco Systems, Inc. $CSCO

Key Points

• Argo Wealth Advisory acquired a new stake of 41,949 Cisco shares in Q4 valued at about $3.23 million, representing 1.9% of the firm's holdings and making CSCO its 14th largest position.
• Cisco posted quarterly results with $1.04 EPS (beat) and $15.35 billion revenue (up 9.7% YoY), and raised its quarterly dividend to $0.42 ($1.68 annual, ~2.0% yield) with an ex-dividend date of April 2.
• Analysts hold a consensus rating of “Moderate Buy” with a $89.81 price target amid mixed upgrades/downgrades, while insiders have sold about 46,431 shares (~$3.57 million) in the past 90 days.

Argo Wealth Advisory LLC acquired a new stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 41,949 shares of the network equipment provider's stock, valued at approximately $3,231,000. Cisco Systems comprises 1.9% of Argo Wealth Advisory LLC's holdings, making the stock its 14th largest holding.

Other hedge funds also recently bought and sold shares of the company. Invesco Ltd. increased its position in Cisco Systems by 10.5% during the third 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 increased its position in Cisco Systems by 3.5% during the third 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 holdings in shares of Cisco Systems by 4.4% in the third quarter. Franklin Resources Inc. now owns 42,641,483 shares of the network equipment provider's stock worth $2,917,530,000 after purchasing an additional 1,804,625 shares during the last quarter. Legal & General Group Plc grew its holdings in shares of Cisco Systems by 7.2% in the third quarter. Legal & General Group Plc now owns 37,674,954 shares of the network equipment provider's stock worth $2,577,720,000 after purchasing an additional 2,535,716 shares during the last quarter. Finally, Wellington Management Group LLP grew its holdings in shares of Cisco Systems by 19.5% in the third quarter. Wellington Management Group LLP now owns 33,748,414 shares of the network equipment provider's stock worth $2,309,066,000 after purchasing an additional 5,498,375 shares during the last quarter. Hedge funds and other institutional investors own 73.33% of the company's stock.

Insider Buying and Selling

In other Cisco Systems news, EVP Oliver Tuszik sold 3,132 shares of the firm's stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $79.74, for a total value of $249,745.68. Following the transaction, the executive vice president owned 188,613 shares in the company, valued at approximately $15,040,000.62. This trade represents a 1.63% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP Maria Victoria Wong sold 2,179 shares of the business's stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $77.74, for a total transaction of $169,395.46. Following the transaction, the senior vice president directly owned 28,807 shares in the company, valued at approximately $2,239,456.18. The trade was a 7.03% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 46,431 shares of company stock worth $3,574,820 in the last ninety days. Company insiders own 0.01% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on the stock. DZ Bank upgraded shares of Cisco Systems to a "strong-buy" rating in a report on Friday, February 13th. Evercore raised shares of Cisco Systems from an "in-line" rating to an "outperform" rating and upped their price objective for the stock from $80.00 to $100.00 in a research note on Monday, January 26th. CICC Research upped their price objective on shares of Cisco Systems from $84.00 to $96.00 and gave the stock an "outperform" rating in a research note on Friday, February 13th. Wall Street Zen cut shares of Cisco Systems from a "buy" rating to a "hold" rating in a report on Saturday, March 14th. Finally, Zacks Research cut shares of Cisco Systems from a "strong-buy" rating to a "hold" rating in a report on Monday. Three equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and eight have given a Hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $89.81.

Cisco Systems Price Performance

Cisco Systems stock opened at $84.50 on Friday. The company's fifty day moving average price is $79.83 and its 200 day moving average price is $76.54. Cisco Systems, Inc. has a 1 year low of $53.83 and a 1 year high of $88.18. The stock has a market capitalization of $333.77 billion, a P/E ratio of 29.65, a P/E/G ratio of 3.11 and a beta of 0.83. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.85 and a current ratio of 0.96.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last announced its quarterly earnings data on Wednesday, February 11th. The network equipment provider reported $1.04 earnings per share for the quarter, beating analysts' consensus estimates of $1.02 by $0.02. The company had revenue of $15.35 billion for 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%.The firm's revenue for the quarter was up 9.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.94 EPS. As a group, equities research analysts anticipate that Cisco Systems, Inc. will post 3.04 earnings per share for the current fiscal year.

Cisco Systems Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 22nd. Shareholders of record on Thursday, April 2nd will be issued a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date is Thursday, April 2nd. This is an increase from Cisco Systems's previous quarterly dividend of $0.41. Cisco Systems's payout ratio is 58.95%.

Key Stories Impacting Cisco Systems

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

• Positive Sentiment: JPMorgan raised its price target to $96 and kept an "overweight" rating, signaling analyst conviction and upward earnings/valuation expectations for CSCO. JPMorgan price target raise
• Positive Sentiment: Q2 FY26 results and commentary point to an AI-driven networking surge (reported ~21% revenue growth), supporting the view that infrastructure spend is strengthening. Cisco's AI networking surge
• Positive Sentiment: Reports say Cisco is in advanced talks to buy Astrix Security, which would expand Cisco's AI-agent security and subscription-software strategy if completed. Cisco Astrix talks
• Positive Sentiment: Partner ecosystem momentum: Endace announced integrations with many security platforms, including Cisco XDR, underscoring sustained enterprise demand for packet capture and Cisco security tooling. Endace partner program
• Neutral Sentiment: Sector note — Ciena's large rally on AI/cloud demand shows strong investor appetite for networking/infra names, which can lift interest in Cisco as a larger peer. Ciena surge
• Neutral Sentiment: Market coverage: a Zacks roundup noted CSCO has outperformed recently, reflecting the same positive drivers above but not adding new fundamental data. Zacks market roundup
• Negative Sentiment: Zacks downgraded Cisco from "strong-buy" to "hold," which could temper momentum from upgrades if other shops follow. Zacks downgrade
• Negative Sentiment: A Seeking Alpha piece warns that the $28B Splunk deal tripled Cisco's debt and compressed free cash flow, arguing valuation risks and limited dividend upside until FCF recovers. Seeking Alpha FCF analysis
• Negative Sentiment: Analyst/market caution pieces note that growth can be volatile in networking names and stress the need to monitor margin and cash-flow recovery post-M&A. Growth stock caution

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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