Cache Advisors LLC Has $2.24 Million Stake in Cisco Systems, Inc. $CSCO

Key Points

• Cache Advisors LLC increased its Cisco stake by 44.5% in the first quarter, buying an additional 8,912 shares to bring its holding to 28,926 shares valued at about $2.24 million.
• Cisco continues to draw mostly positive analyst attention, with an overall “Moderate Buy” rating and an average price target of $122.90, despite a few mixed calls and recent target increases from major firms like Wells Fargo, Barclays, and Piper Sandler.
• The company reported solid quarterly results and raised guidance, including EPS of $1.06 on revenue of $15.84 billion, plus a new quarterly dividend of $0.42 per share. Recent news also highlights Cisco’s AI infrastructure push and the U.S. Supreme Court ending a long-running lawsuit that had been a legal overhang.

Cache Advisors LLC boosted its stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 44.5% during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 28,926 shares of the network equipment provider's stock after purchasing an additional 8,912 shares during the period. Cisco Systems comprises approximately 0.3% of Cache Advisors LLC's holdings, making the stock its 28th largest position. Cache Advisors LLC's holdings in Cisco Systems were worth $2,244,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in CSCO. World Investment Advisors lifted its stake in Cisco Systems by 15.4% in the fourth quarter. World Investment Advisors now owns 198,549 shares of the network equipment provider's stock valued at $13,905,000 after acquiring an additional 26,455 shares during the last quarter. WCG Wealth Advisors LLC raised its holdings in shares of Cisco Systems by 101.8% during the 4th quarter. WCG Wealth Advisors LLC now owns 107,306 shares of the network equipment provider's stock valued at $8,266,000 after purchasing an additional 54,141 shares in the last quarter. Vise Technologies Inc. raised its holdings in shares of Cisco Systems by 47.1% during the 4th quarter. Vise Technologies Inc. now owns 200,341 shares of the network equipment provider's stock valued at $15,432,000 after purchasing an additional 64,144 shares in the last quarter. Truist Financial Corp lifted its stake in shares of Cisco Systems by 6.8% in the 4th quarter. Truist Financial Corp now owns 4,311,098 shares of the network equipment provider's stock valued at $332,084,000 after purchasing an additional 275,456 shares during the last quarter. Finally, Principal Financial Group Inc. boosted its holdings in Cisco Systems by 3.2% in the fourth quarter. Principal Financial Group Inc. now owns 4,873,274 shares of the network equipment provider's stock worth $375,388,000 after purchasing an additional 151,395 shares in the last quarter. Hedge funds and other institutional investors own 73.33% of the company's stock.

Analyst Ratings Changes

Several equities analysts have commented on CSCO shares. Zacks Research downgraded shares of Cisco Systems from a "strong-buy" rating to a "hold" rating in a research report on Monday, April 13th. Weiss Ratings upgraded Cisco Systems from a "buy (b-)" rating to a "buy (b)" rating in a research note on Friday, May 29th. Wells Fargo & Company increased their price objective on Cisco Systems from $95.00 to $130.00 and gave the company an "overweight" rating in a report on Thursday, May 14th. Barclays raised their price objective on Cisco Systems from $76.00 to $121.00 and gave the company an "equal weight" rating in a research note on Thursday, May 14th. Finally, Piper Sandler boosted their target price on Cisco Systems from $86.00 to $132.00 and gave the stock a "neutral" rating in a report on Thursday, May 14th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $122.90.

Key Cisco Systems News

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

• Positive Sentiment: The U.S. Supreme Court ended a long-running lawsuit accusing Cisco of aiding China’s persecution of Falun Gong members, removing a legal overhang and reducing the risk of potential liability. US Supreme Court ends suit alleging Cisco helped China pursue Falun Gong
• Positive Sentiment: News flow is also highlighting Cisco’s push into AI infrastructure, including its Secure AI Factory efforts and quantum networking bets, which could strengthen its growth narrative with enterprise customers. How Cisco’s Secure AI Factory and Quantum Networking Bets Could Reshape the Cisco Systems (CSCO) Narrative
• Positive Sentiment: Cisco is also being discussed as a beneficiary of broader AI networking demand, with reports noting its collaboration activity alongside Nvidia and Equinix as enterprises upgrade data center and security infrastructure. Nvidia's Network Ambitions Could Lift Telecom
• Neutral Sentiment: Several additional articles are keeping Cisco in focus, but they are mostly commentary pieces or general stock-interest items rather than new material business developments.

Insider Buying and Selling

In other news, CEO Charles Robbins sold 21,400 shares of Cisco Systems stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $120.03, for a total transaction of $2,568,642.00. Following the sale, the chief executive officer owned 637,085 shares of the company's stock, valued at approximately $76,469,312.55. This trade represents a 3.25% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Deborah L. Stahlkopf sold 6,586 shares of the business's stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $117.31, for a total value of $772,603.66. Following the sale, the executive vice president owned 177,223 shares in the company, valued at approximately $20,790,030.13. This represents a 3.58% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 47,650 shares of company stock worth $5,668,823. 0.01% of the stock is currently owned by corporate insiders.

Cisco Systems Stock Performance

NASDAQ CSCO opened at $121.15 on Wednesday. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.92 and a quick ratio of 0.81. The firm has a market capitalization of $477.51 billion, a price-to-earnings ratio of 39.33, a P/E/G ratio of 3.10 and a beta of 1.01. The company's fifty day moving average is $107.69 and its two-hundred day moving average is $88.71. Cisco Systems, Inc. has a 52-week low of $65.75 and a 52-week high of $130.37.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last announced its quarterly earnings data on Wednesday, May 13th. The network equipment provider reported $1.06 EPS for the quarter, beating analysts' consensus estimates of $1.03 by $0.03. Cisco Systems had a net margin of 20.14% and a return on equity of 28.44%. The business had revenue of $15.84 billion during the quarter, compared to analyst estimates of $15.56 billion. During the same quarter in the prior year, the business earned $0.96 earnings per share. The firm's revenue for the quarter 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. Equities research analysts forecast that Cisco Systems, Inc. will post 3.54 EPS for the current year.

Cisco Systems Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 22nd. Shareholders of record on Monday, July 6th will be issued a $0.42 dividend. The ex-dividend date of this dividend is Monday, July 6th. This represents a $1.68 annualized dividend and a yield of 1.4%. Cisco Systems's dividend payout ratio is 54.55%.

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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