Bokf Na Trims Position in Cisco Systems, Inc. $CSCO

Key Points

• Bokf Na trimmed its Cisco stake by 15% in Q4, selling 77,378 shares and finishing the quarter with 437,027 shares worth about $33.66 million.
• Cisco beat quarterly estimates with EPS of $1.04 (vs. $1.02) and revenue of $15.35 billion (up 9.7% YoY) and raised its quarterly dividend to $0.42 (annualized $1.68, ~1.8% yield).
• Large institutions remain heavily invested (institutional ownership ~73.3%; Vanguard holds ~398.9M shares), while analysts and company moves—such as Evercore raising its $110 target and the planned Astrix Security acquisition—highlight security and Silicon One as potential growth catalysts.

Bokf Na decreased its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 15.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 437,027 shares of the network equipment provider's stock after selling 77,378 shares during the quarter. Bokf Na's holdings in Cisco Systems were worth $33,664,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of CSCO. Arrowstreet Capital Limited Partnership grew its holdings in shares of Cisco Systems by 110.2% during the third quarter. Arrowstreet Capital Limited Partnership now owns 18,406,442 shares of the network equipment provider's stock worth $1,259,369,000 after purchasing an additional 9,648,265 shares in the last quarter. Wellington Management Group LLP grew its holdings in shares of Cisco Systems by 19.5% during 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 in the last quarter. Invesco Ltd. grew its holdings in shares of Cisco Systems by 10.5% during the third quarter. Invesco Ltd. now owns 53,612,720 shares of the network equipment provider's stock worth $3,668,182,000 after purchasing an additional 5,081,469 shares in the last quarter. Vanguard Group Inc. boosted its stake in Cisco Systems by 1.0% in the fourth quarter. Vanguard Group Inc. now owns 398,943,293 shares of the network equipment provider's stock worth $30,730,602,000 after buying an additional 4,049,893 shares in the last quarter. Finally, Danske Bank A S purchased a new stake in Cisco Systems in the third quarter worth approximately $233,956,000. Hedge funds and other institutional investors own 73.33% of the company's stock.

Cisco Systems Stock Performance

NASDAQ:CSCO opened at $94.30 on Wednesday. The firm has a market cap of $372.47 billion, a PE ratio of 33.09, a price-to-earnings-growth ratio of 3.49 and a beta of 0.92. Cisco Systems, Inc. has a fifty-two week low of $58.58 and a fifty-two week high of $94.72. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.85 and a current ratio of 0.96. The business has a 50 day moving average price of $81.77 and a 200-day moving average price of $78.24.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last released 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 firm had revenue of $15.35 billion during 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 business's quarterly revenue was up 9.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.94 earnings per share. Equities research analysts predict that Cisco Systems, Inc. will post 3.4 earnings per share for the current year.

Cisco Systems Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 22nd. Stockholders of record on Thursday, April 2nd were paid a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.8%. This is a boost from Cisco Systems's previous quarterly dividend of $0.41. The ex-dividend date of this dividend was Thursday, April 2nd. Cisco Systems's payout ratio is currently 58.95%.

Analysts Set New Price Targets

CSCO has been the subject of several research reports. Wall Street Zen lowered Cisco Systems from a "buy" rating to a "hold" rating in a research note on Saturday, March 14th. Evercore upped their target price on Cisco Systems from $100.00 to $110.00 and gave the stock an "outperform" rating in a research note on Monday. Argus raised Cisco Systems to a "strong-buy" rating in a research note on Friday, February 13th. DZ Bank raised Cisco Systems to a "strong-buy" rating in a research note on Friday, February 13th. Finally, CICC Research upped their target price on Cisco Systems from $84.00 to $96.00 and gave the stock an "outperform" rating in a research note on Friday, February 13th. Three research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and eight have assigned a Hold rating to the company's stock. According to MarketBeat, Cisco Systems has an average rating of "Moderate Buy" and an average price target of $90.29.

Trending Headlines about Cisco Systems

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

• Positive Sentiment: Evercore raised its price target on Cisco to $110 and kept an "outperform" rating, signaling analyst confidence in upside tied to Cisco’s product mix (about a 17% implied upside from recent levels). Evercore price target raise
• Positive Sentiment: Cisco announced plans to acquire Israeli cybersecurity firm Astrix Security, expanding its access/connectivity security capabilities — a move that should accelerate product-led sales and M&A synergy messaging. Cisco to acquire Israeli co Astrix Security
• Positive Sentiment: Cisco is pushing security momentum by adding Qmulos to its SolutionsPlus program and integrating compliance analytics with its broader security portfolio (and deeper Splunk ties), which simplifies procurement and upsell opportunities to enterprise customers. Cisco Security Push With Astrix And Qmulos
• Positive Sentiment: Analysts (Evercore coverage) argue Cisco’s Silicon One ASIC business is underappreciated and could be a multi‑year growth driver for routing and AI networking — supportive for longer‑term revenue and margin upside. Silicon One underappreciated
• Positive Sentiment: Longer‑term tech roadmap: Cisco highlighted a Universal Quantum Switch for routing quantum information over standard fiber — a strategic signal that Cisco is positioning for future, high‑value networking platforms. Universal Quantum Switch
• Neutral Sentiment: Partner ecosystem news: C1 earned full Preferred status across Cisco 360 designations — positive for channel execution but incremental vs. the larger company story. C1 Preferred Partner status
• Neutral Sentiment: Broader market context: tech stocks were mixed in recent sessions; some industry earnings (Microchip, Gen Digital, News Corp, BlackBerry) are being watched by investors but are not directly tied to Cisco’s fundamentals. Tech stocks mixed

Insider Activity

In other news, CEO Charles Robbins sold 19,545 shares of the stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $76.00, for a total transaction of $1,485,420.00. Following the completion of the sale, the chief executive officer owned 671,095 shares of the company's stock, valued at approximately $51,003,220. This represents a 2.83% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Maria Victoria Wong sold 551 shares of the company's stock in a transaction that occurred on Wednesday, March 11th. The shares were sold at an average price of $77.54, for a total value of $42,724.54. Following the transaction, the senior vice president owned 27,957 shares of the company's stock, valued at approximately $2,167,785.78. This represents a 1.93% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 46,431 shares of company stock valued at $3,574,820. Corporate insiders own 0.01% of the company's stock.

Cisco Systems Company 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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