Beto Financial Group LLC Takes Position in Cisco Systems, Inc. $CSCO

Key Points

• Beto Financial Group LLC initiated a new position in Cisco Systems, buying 13,256 shares valued at about $1.07 million in the fourth quarter. The stake represents roughly 0.7% of the firm’s portfolio.
• Cisco continues to attract major institutional interest, with firms like Vanguard, Norges Bank, and Invesco also adding to or establishing positions. Institutional investors now own 73.33% of the stock.
• The company reported stronger-than-expected quarterly results, with EPS of $1.06 and revenue of $15.84 billion, and raised guidance for FY 2026. Cisco also recently announced a quarterly dividend of $0.42 per share, yielding about 1.4% annually.

Beto Financial Group LLC purchased a new stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 13,256 shares of the network equipment provider's stock, valued at approximately $1,069,000. Cisco Systems makes up about 0.7% of Beto Financial Group LLC's investment portfolio, making the stock its 27th biggest position.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. 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 buying an additional 4,049,893 shares during the last quarter. Norges Bank acquired a new position in Cisco Systems in the 4th quarter valued at $4,473,272,000. 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 buying 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 buying an additional 1,631,703 shares during the last quarter. Finally, 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 buying an additional 1,804,625 shares during the last quarter. Institutional investors own 73.33% of the company's stock.

Cisco Systems Trading Up 0.8%

Shares of CSCO stock opened at $121.33 on Tuesday. Cisco Systems, Inc. has a 12-month low of $62.71 and a 12-month high of $121.95. The company has a market capitalization of $478.21 billion, a P/E ratio of 39.39, a P/E/G ratio of 3.16 and a beta of 1.01. The firm has a 50-day moving average price of $94.31 and a 200 day moving average price of $83.61. The company has a quick ratio of 0.81, a current ratio of 0.92 and a debt-to-equity ratio of 0.40.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last announced its quarterly earnings results 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 firm had revenue of $15.84 billion during the quarter, compared to the consensus estimate of $15.56 billion. During the same period last year, the firm posted $0.96 EPS. The firm's quarterly revenue 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. Research analysts forecast that Cisco Systems, Inc. will post 3.44 earnings per share for the current fiscal year.

Cisco Systems Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 22nd. Stockholders of record on Monday, July 6th will be given a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Monday, July 6th. Cisco Systems's dividend payout ratio is presently 54.55%.

Analysts Set New Price Targets

Several analysts have issued reports on the stock. The Goldman Sachs Group raised their price target on shares of Cisco Systems from $75.00 to $116.00 and gave the stock a "neutral" rating in a research report on Thursday, May 14th. CICC Research raised their price target on shares of Cisco Systems from $96.00 to $125.00 and gave the stock an "outperform" rating in a research report on Monday, May 18th. Truist Financial assumed coverage on shares of Cisco Systems in a research report on Tuesday, March 31st. They issued a "buy" rating and a $94.00 price target on the stock. Argus raised their price target on shares of Cisco Systems from $100.00 to $150.00 and gave the stock a "buy" rating in a research report on Tuesday, May 19th. Finally, Citigroup raised their price target on shares of Cisco Systems from $90.00 to $112.00 and gave the stock a "buy" rating in a research report on Thursday, May 14th. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eight have issued a Hold rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $119.09.

More Cisco Systems News

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

• Positive Sentiment: Wall Street sentiment is turning more bullish on Cisco after its strong quarter, with BofA reportedly raising its price target to $135 from $114 and reiterating a Buy rating. Wall Street Turns More Bullish on Cisco (CSCO) after Strong Quarter
• Positive Sentiment: Cisco’s valuation and momentum are being highlighted again after record quarterly revenue, $5.3 billion in year-to-date AI infrastructure orders, and guidance that came in above expectations, reinforcing the growth narrative behind the recent stock strength. Cisco Systems (CSCO) Valuation Check After Record Revenue And Strong AI Infrastructure Momentum
• Positive Sentiment: Brokerage coverage remains constructive, with Cisco receiving a consensus “Moderate Buy” rating, which can help sustain investor confidence. Cisco Systems, Inc. NASDAQ: CSCO Given Consensus Rating of "Moderate Buy" by Brokerages
• Neutral Sentiment: Cisco is also showing up on stock-watch lists and search trends, reflecting elevated investor interest rather than a new fundamental catalyst. Here is What to Know Beyond Why Cisco Systems, Inc. (CSCO) is a Trending Stock

Insider Activity at Cisco Systems

In other news, CEO Charles Robbins sold 21,400 shares of the company's stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $120.03, for a total transaction of $2,568,642.00. Following the transaction, the chief executive officer directly owned 637,085 shares in the company, valued at approximately $76,469,312.55. This represents a 3.25% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Jeetendra I. Patel sold 7,169 shares of the business's stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $117.28, for a total transaction of $840,780.32. Following the sale, the insider directly owned 246,737 shares of the company's stock, valued at approximately $28,937,315.36. This trade represents a 2.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 51,324 shares of company stock valued at $5,559,834 in the last three months. 0.01% of the stock is currently owned by corporate insiders.

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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