Cisco Systems, Inc. $CSCO is Park National Corp OH's 9th Largest Position

Key Points

• Park National Corp OH trimmed its Cisco stake by 2.5% in the first quarter, but Cisco still remained its 9th-largest holding. The fund owned 780,459 shares worth about $60.6 million at quarter-end.
• Institutional ownership remains high, with hedge funds and other investors holding 73.33% of Cisco shares. Several funds increased positions, showing continued broad institutional interest in the stock.
• Cisco’s fundamentals and outlook are strong: the company beat quarterly EPS and revenue estimates, raised guidance, and continues to benefit from AI infrastructure demand, networking refresh cycles, and security growth. Analysts currently rate the stock Moderate Buy on average, though some note valuation is becoming a concern.

Park National Corp OH lessened its stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 2.5% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 780,459 shares of the network equipment provider's stock after selling 20,089 shares during the period. Cisco Systems accounts for approximately 1.8% of Park National Corp OH's investment portfolio, making the stock its 9th biggest position. Park National Corp OH's holdings in Cisco Systems were worth $60,556,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. World Investment Advisors boosted its position in Cisco Systems by 15.4% during the fourth quarter. World Investment Advisors now owns 198,549 shares of the network equipment provider's stock worth $13,905,000 after acquiring an additional 26,455 shares during the last quarter. WCG Wealth Advisors LLC grew its stake in 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 acquiring an additional 54,141 shares in the last quarter. Vise Technologies Inc. raised its holdings in Cisco Systems by 47.1% in the 4th quarter. Vise Technologies Inc. now owns 200,341 shares of the network equipment provider's stock valued at $15,432,000 after acquiring an additional 64,144 shares during the last quarter. Truist Financial Corp raised its holdings in 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 acquiring an additional 275,456 shares during the last quarter. Finally, Principal Financial Group Inc. lifted its stake in Cisco Systems by 3.2% in the 4th 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. 73.33% of the stock is owned by hedge funds and other institutional investors.

Cisco Systems News Summary

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

• Positive Sentiment: Analyst and news coverage continues to emphasize Cisco’s AI infrastructure orders, enterprise networking refresh cycle, and security growth, which support the bullish case for revenue and earnings momentum. Article Title
• Positive Sentiment: Cisco was also highlighted in AI-focused stock screens and feature articles as a beneficiary of surging demand tied to AI infrastructure, reinforcing expectations that the company can keep growing into its premium valuation. Article Title
• Positive Sentiment: Coverage around Cisco’s push into quantum security and enterprise AI adds to the view that the company is expanding beyond traditional networking into higher-growth markets. Article Title
• Neutral Sentiment: A report on Cisco keeping access to a restricted AI model through Project Glasswing is notable, but the direct financial impact on the stock is unclear so far. Article Title
• Neutral Sentiment: One article argued Cisco may be overvalued at 7.01x sales, even while acknowledging that AI demand and security strength help justify the premium. That suggests valuation is becoming a bigger watch item for investors after the stock’s strong run. Article Title
• Negative Sentiment: Cisco EVP Thimaya Subaiya sold 7,127 shares in a pre-arranged 10b5-1 plan, which is not necessarily a bearish signal but can still weigh on sentiment. Article Title

Wall Street Analysts Forecast Growth

CSCO has been the topic of several recent research reports. Wall Street Zen cut Cisco Systems from a "buy" rating to a "hold" rating in a report on Saturday, March 14th. Morgan Stanley lifted their price objective on Cisco Systems from $120.00 to $130.00 and gave the stock an "overweight" rating in a research report on Friday, June 12th. BNP Paribas Exane boosted their price objective on Cisco Systems from $87.00 to $132.00 and gave the stock an "outperform" rating in a research note on Thursday, May 14th. Zacks Research lowered Cisco Systems from a "strong-buy" rating to a "hold" rating in a research note on Monday, April 13th. Finally, HSBC upgraded Cisco Systems from a "hold" rating to a "buy" rating and upped their target price for the company from $77.00 to $137.00 in a report on Friday, May 15th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $122.90.

Insider Buying and Selling

In other news, EVP Thimaya K. Subaiya sold 7,127 shares of the company's stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $119.91, for a total value of $854,598.57. Following the transaction, the executive vice president owned 140,857 shares of the company's stock, valued at $16,890,162.87. This represents a 4.82% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Oliver Tuszik sold 2,607 shares of the stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $121.12, for a total value of $315,759.84. Following the transaction, the executive vice president owned 172,727 shares of the company's stock, valued at approximately $20,920,694.24. This represents a 1.49% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 47,650 shares of company stock valued at $5,668,823. 0.01% of the stock is currently owned by company insiders.

Cisco Systems Stock Performance

Cisco Systems stock opened at $119.54 on Friday. The firm has a 50 day simple moving average of $106.15 and a 200-day simple moving average of $88.00. The stock has a market cap of $471.16 billion, a price-to-earnings ratio of 38.81, a price-to-earnings-growth ratio of 3.05 and a beta of 1.01. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.92 and a quick ratio of 0.81. Cisco Systems, Inc. has a 1-year low of $65.72 and a 1-year high of $130.37.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last released its quarterly earnings results on Wednesday, May 13th. The network equipment provider reported $1.06 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 for the quarter, compared to analyst estimates of $15.56 billion. During the same quarter in the previous year, the company earned $0.96 EPS. The business's revenue for the quarter was up 12.0% compared to the same quarter last year. 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, analysts expect that Cisco Systems, Inc. will post 3.54 EPS for the current year.

Cisco Systems Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 22nd. Shareholders of record on Monday, July 6th will be paid a dividend of $0.42 per share. 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 (DPR) 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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