Asset Management One Co. Ltd. Increases Stock Holdings in Cisco Systems, Inc. $CSCO

Key Points

• Asset Management One Co. Ltd. increased its stake in Cisco Systems by 7.1%, acquiring an additional 142,398 shares during the second quarter, bringing their total to over 2.1 million shares worth approximately $148 million.
• Several major hedge funds also boosted their holdings in Cisco, with Goldman Sachs increasing its stake by 37.4%, reflecting strong institutional interest in the company.
• Analysts are optimistic about Cisco's stock, with Morgan Stanley raising its price target from $73 to $77 and a consensus rating of "Moderate Buy" based on recent performance and future projections.

Asset Management One Co. Ltd. lifted its position in Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 7.1% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,137,085 shares of the network equipment provider's stock after purchasing an additional 142,398 shares during the quarter. Asset Management One Co. Ltd. owned about 0.05% of Cisco Systems worth $148,271,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. boosted its stake in Cisco Systems by 0.5% during the first quarter. Vanguard Group Inc. now owns 388,949,854 shares of the network equipment provider's stock worth $24,002,095,000 after buying an additional 1,865,648 shares during the period. Invesco Ltd. boosted its stake in Cisco Systems by 10.4% during the first 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 period. Goldman Sachs Group Inc. boosted its stake in Cisco Systems by 37.4% during the first 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 period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in Cisco Systems by 3.6% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 37,797,629 shares of the network equipment provider's stock worth $2,332,492,000 after buying an additional 1,326,354 shares during the period. Finally, Amundi lifted its position in shares of Cisco Systems by 11.0% during the first quarter. Amundi now owns 29,170,847 shares of the network equipment provider's stock worth $1,679,312,000 after purchasing an additional 2,898,391 shares in the last quarter. Hedge funds and other institutional investors own 73.33% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on CSCO. Morgan Stanley increased their price target on shares of Cisco Systems from $73.00 to $77.00 and gave the stock an "overweight" rating in a research report on Friday, October 10th. William Blair upgraded shares of Cisco Systems to a "hold" rating in a research note on Thursday, August 14th. UBS Group raised their target price on shares of Cisco Systems from $70.00 to $74.00 and gave the stock a "neutral" rating in a research report on Tuesday, August 5th. Barclays lifted their price objective on shares of Cisco Systems from $66.00 to $71.00 and gave the company an "equal weight" rating in a research report on Thursday, August 14th. Finally, Weiss Ratings reiterated a "buy (b-)" rating on shares of Cisco Systems in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and ten have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $74.72.

Cisco Systems Stock Down 0.6%

CSCO opened at $70.27 on Friday. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.00 and a quick ratio of 0.91. Cisco Systems, Inc. has a 12 month low of $52.11 and a 12 month high of $72.55. The stock has a market capitalization of $277.79 billion, a price-to-earnings ratio of 26.82, a price-to-earnings-growth ratio of 2.98 and a beta of 0.97. The business has a 50-day moving average of $68.21 and a two-hundred day moving average of $65.49.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last released its quarterly earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 EPS for the quarter, topping the consensus estimate of $0.98 by $0.01. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The firm had revenue of $14.67 billion for the quarter, compared to analyst estimates of $14.63 billion. During the same period in the previous year, the company posted $0.87 EPS. Cisco Systems's revenue for the quarter was up 7.6% on a year-over-year basis. Cisco Systems has set its Q1 2026 guidance at 0.970-0.990 EPS. FY 2026 guidance at 4.000-4.060 EPS. On average, research analysts expect that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.

Cisco Systems Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 22nd. Shareholders of record on Friday, October 3rd were given a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend was Friday, October 3rd. Cisco Systems's dividend payout ratio is presently 62.60%.

Insider Buying and Selling

In related news, EVP Thimaya K. Subaiya sold 7,511 shares of the company's stock in a transaction that occurred on Wednesday, August 20th. The stock was sold at an average price of $66.84, for a total transaction of $502,035.24. Following the sale, the executive vice president directly owned 161,467 shares of the company's stock, valued at approximately $10,792,454.28. This represents a 4.44% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Deborah L. Stahlkopf sold 9,783 shares of the company's stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $66.60, for a total value of $651,547.80. Following the sale, the executive vice president directly owned 161,662 shares in the company, valued at approximately $10,766,689.20. This represents a 5.71% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 82,965 shares of company stock worth $5,559,996 over the last 90 days. 0.01% of the stock is currently owned by corporate insiders.

About Cisco Systems

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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