Belpointe Asset Management LLC Acquires 26,455 Shares of Cisco Systems, Inc. $CSCO

Key Points

• Belpointe Asset Management LLC increased its stake in Cisco Systems, Inc. by 87.2%, acquiring an additional 26,455 shares to reach a total of 56,779 shares valued at approximately $3.5 million.
• Several large institutional investors, including Goldman Sachs and Pacer Advisors, have dramatically increased their holdings in Cisco, reflecting a trend of strong institutional support with 73.33% of the stocks now owned by institutional investors.
• Cisco reported a 7.6% year-over-year increase in quarterly revenue, with earnings per share beating analyst estimates, indicating solid growth as the company guides for future earnings between $0.970 and $0.990 EPS for Q1 2026.

Belpointe Asset Management LLC grew its holdings in Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 87.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 56,779 shares of the network equipment provider's stock after acquiring an additional 26,455 shares during the period. Belpointe Asset Management LLC's holdings in Cisco Systems were worth $3,504,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in CSCO. Integrity Alliance LLC. grew its stake in shares of Cisco Systems by 88.9% during the first quarter. Integrity Alliance LLC. now owns 49,988 shares of the network equipment provider's stock worth $3,085,000 after acquiring an additional 23,532 shares during the last quarter. Ransom Advisory Ltd purchased a new position in Cisco Systems during the first quarter worth approximately $2,730,000. Aspen Investment Management Inc raised its position in Cisco Systems by 4.0% in the first quarter. Aspen Investment Management Inc now owns 20,856 shares of the network equipment provider's stock valued at $1,287,000 after purchasing an additional 795 shares during the period. Ilmarinen Mutual Pension Insurance Co raised its position in Cisco Systems by 18.2% in the first quarter. Ilmarinen Mutual Pension Insurance Co now owns 650,000 shares of the network equipment provider's stock valued at $40,112,000 after purchasing an additional 100,000 shares during the period. Finally, Plato Investment Management Ltd increased its stake in Cisco Systems by 1.1% during the first quarter. Plato Investment Management Ltd now owns 100,642 shares of the network equipment provider's stock worth $6,278,000 after purchasing an additional 1,125 shares during the period. 73.33% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, EVP Thimaya K. Subaiya sold 7,511 shares of the firm's stock in a transaction 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 completion of the sale, the executive vice president directly owned 161,467 shares of the company's stock, valued at $10,792,454.28. This trade represents a 4.44% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Deborah L. Stahlkopf sold 2,718 shares of Cisco Systems stock in a transaction dated Thursday, September 11th. The stock was sold at an average price of $68.08, for a total value of $185,041.44. Following the completion of the sale, the executive vice president owned 157,184 shares of the company's stock, valued at approximately $10,701,086.72. The trade was a 1.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 88,099 shares of company stock worth $5,851,765. 0.01% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

CSCO has been the topic of a number of recent analyst reports. Citigroup increased their target price on shares of Cisco Systems from $68.00 to $71.00 and gave the company a "buy" rating in a research report on Thursday, May 15th. Hsbc Global Res lowered Cisco Systems from a "strong-buy" rating to a "hold" rating in a research note on Friday, August 15th. Morgan Stanley upped their target price on Cisco Systems from $67.00 to $70.00 and gave the company an "overweight" rating in a research note on Friday, July 18th. HSBC reissued a "hold" rating and set a $69.00 price objective on shares of Cisco Systems in a research note on Friday, August 15th. Finally, Barclays raised their price objective on Cisco Systems from $66.00 to $71.00 and gave the stock an "equal weight" rating in a report on Thursday, August 14th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and ten have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $74.53.

Cisco Systems Trading Down 1.7%

Cisco Systems stock traded down $1.16 during midday trading on Friday, reaching $66.53. The stock had a trading volume of 18,525,267 shares, compared to its average volume of 21,086,943. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.00 and a quick ratio of 0.91. The firm has a market cap of $263.01 billion, a price-to-earnings ratio of 25.39, a PEG ratio of 2.86 and a beta of 0.99. The firm's fifty day simple moving average is $68.30 and its two-hundred day simple moving average is $63.98. Cisco Systems, Inc. has a twelve month low of $49.67 and a twelve month high of $72.55.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last posted its earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.98 by $0.01. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. The firm had revenue of $14.67 billion during the quarter, compared to analysts' expectations of $14.63 billion. During the same period in the previous year, the company earned $0.87 earnings per share. The company'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 analysts anticipate that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.

Cisco Systems Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 22nd. Stockholders of record on Friday, October 3rd will be issued a $0.41 dividend. The ex-dividend date of this dividend is Friday, October 3rd. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.5%. Cisco Systems's dividend payout ratio is presently 62.60%.

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.