Cauble & Harre Wealth Management Inc. Makes New $853,000 Investment in Cisco Systems, Inc. $CSCO

Key Points

• Cauble & Harre Wealth Management opened a new position in Cisco Systems in the fourth quarter, buying 11,080 shares valued at about $853,000.
• Institutional ownership in Cisco remains high, with multiple funds recently increasing their stakes and institutions now holding 73.33% of the company’s stock.
• Cisco reported better-than-expected Q3 results, raised full-year guidance, and is benefiting from optimism around its role in AI infrastructure; analysts have also been lifting price targets.

Cauble & Harre Wealth Management Inc. purchased a new position in Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 11,080 shares of the network equipment provider's stock, valued at approximately $853,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Mirae Asset Global Investments Co. Ltd. raised its stake in shares of Cisco Systems by 6.9% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,189,645 shares of the network equipment provider's stock valued at $218,236,000 after acquiring an additional 205,043 shares during the last quarter. World Investment Advisors raised its stake in shares of Cisco Systems by 15.4% during 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. Jones Financial Companies Lllp raised its stake in shares of Cisco Systems by 8.9% during the third quarter. Jones Financial Companies Lllp now owns 686,469 shares of the network equipment provider's stock valued at $46,165,000 after acquiring an additional 56,057 shares during the last quarter. Rockland Trust Co. raised its stake in shares of Cisco Systems by 213.8% during the third quarter. Rockland Trust Co. now owns 20,497 shares of the network equipment provider's stock valued at $1,402,000 after acquiring an additional 13,966 shares during the last quarter. Finally, Thrivent Financial for Lutherans raised its stake in shares of Cisco Systems by 40.0% during the third quarter. Thrivent Financial for Lutherans now owns 3,490,482 shares of the network equipment provider's stock valued at $238,818,000 after acquiring an additional 997,738 shares during the last quarter. Institutional investors own 73.33% of the company's stock.

Insider Transactions at Cisco Systems

In other Cisco Systems news, EVP Thimaya K. Subaiya sold 1,744 shares of the firm's stock in a transaction that occurred on Thursday, March 12th. The shares were sold at an average price of $77.07, for a total transaction of $134,410.08. Following the completion of the transaction, the executive vice president owned 156,693 shares of the company's stock, valued at approximately $12,076,329.51. This trade represents a 1.10% 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. Also, SVP Maria Victoria Wong sold 2,179 shares of the firm's stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $77.74, for a total transaction of $169,395.46. Following the transaction, the senior vice president directly owned 28,807 shares of the company's stock, valued at $2,239,456.18. This represents a 7.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 15,587 shares of company stock worth $1,230,765 in the last ninety days. 0.01% of the stock is owned by company insiders.

More Cisco Systems News

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

• Positive Sentiment: Cisco reported stronger-than-expected Q3 earnings and revenue, with EPS of $1.06 topping estimates and sales of $15.84 billion above forecasts. Article title
• Positive Sentiment: The company raised full-year guidance and pointed to roughly $9 billion in fiscal 2026 hyperscaler AI infrastructure orders, reinforcing the view that Cisco is becoming a key AI infrastructure beneficiary. Article title
• Positive Sentiment: Multiple firms raised price targets after the earnings beat, including HSBC, Evercore, Piper Sandler, KeyCorp, Morgan Stanley, UBS, BNP Paribas, Wells Fargo and Citigroup, signaling broad Wall Street optimism. Article title
• Positive Sentiment: Cisco’s CEO said AI will force a “multi-billion dollar infrastructure reset,” which supports the bullish narrative that the company is at the center of a long upgrade cycle. Article title
• Neutral Sentiment: Cisco also announced plans to cut about 4,000 jobs as it reshapes spending toward AI, which may improve efficiency but adds some execution risk. Article title
• Neutral Sentiment: Some commentary warns that the stock’s rapid rally has pushed valuation higher, and options activity shows elevated volatility expectations heading into the next phase. Article title

Analyst Ratings Changes

CSCO has been the subject of a number of recent analyst reports. Weiss Ratings restated a "buy (b)" rating on shares of Cisco Systems in a report on Friday, April 24th. Bank of America upped their target price on Cisco Systems from $95.00 to $114.00 and gave the company a "buy" rating in a report on Thursday. Barclays upped their target price on Cisco Systems from $76.00 to $121.00 and gave the company an "equal weight" rating in a report on Thursday. BNP Paribas Exane upped their target price on Cisco Systems from $87.00 to $132.00 and gave the company an "outperform" rating in a report on Thursday. Finally, Piper Sandler upped their target price on Cisco Systems from $86.00 to $132.00 and gave the company a "neutral" rating in a report on Thursday. Three investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat.com, Cisco Systems currently has a consensus rating of "Moderate Buy" and an average target price of $114.55.

Cisco Systems Price Performance

CSCO stock opened at $118.21 on Friday. The firm has a 50-day moving average of $85.41 and a 200 day moving average of $79.95. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.92 and a quick ratio of 0.85. The company has a market cap of $466.92 billion, a P/E ratio of 38.38, a PEG ratio of 4.34 and a beta of 0.92. Cisco Systems, Inc. has a 1 year low of $62.30 and a 1 year high of $119.36.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last posted its quarterly earnings data on Wednesday, May 13th. The network equipment provider reported $1.06 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.03 by $0.03. The business had revenue of $15.84 billion during the quarter, compared to the consensus estimate of $15.56 billion. Cisco Systems had a return on equity of 28.44% and a net margin of 20.14%.The firm's quarterly revenue was up 12.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.96 earnings per share. 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. On average, sell-side analysts forecast that Cisco Systems, Inc. will post 3.42 EPS for the current year.

Cisco Systems Announces Dividend

The company also recently disclosed 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 is Monday, July 6th. This represents a $1.68 dividend on an annualized basis and a yield of 1.4%. Cisco Systems's dividend payout ratio is 54.55%.

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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