Cisco Systems, Inc. $CSCO Position Boosted by AMF Tjanstepension AB

Key Points

• AMF Tjanstepension AB increased its Cisco position by 22.5% in the third quarter, adding 189,002 shares to own 1.03 million shares valued at approximately $110.7 million. Institutional investors collectively own 73.33% of Cisco.
• Cisco reported quarterly revenue of $17.25 billion and adjusted EPS of $1.22, exceeding analyst estimates, while revenue rose 17.6% year over year. The company also maintains a quarterly dividend of $0.42 per share, or $1.68 annually.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $128.52, though insiders sold 44,869 shares worth about $5.0 million over the past three months. Investors remain divided over whether Cisco’s AI-networking expansion can justify its valuation above 31 times earnings.

AMF Tjanstepension AB grew its position in shares of Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 22.5% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 1,028,135 shares of the network equipment provider's stock after purchasing an additional 189,002 shares during the quarter. AMF Tjanstepension AB's holdings in Cisco Systems were worth $110,658,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of CSCO. E. Ohman J or Asset Management AB boosted its holdings in Cisco Systems by 2.2% during the third quarter. E. Ohman J or Asset Management AB now owns 141,948 shares of the network equipment provider's stock worth $15,278,000 after buying an additional 3,000 shares in the last quarter. SBI Securities Co. Ltd. grew its position in Cisco Systems by 18.2% in the third quarter. SBI Securities Co. Ltd. now owns 33,843 shares of the network equipment provider's stock worth $3,643,000 after buying an additional 5,214 shares during the last quarter. Cypress Wealth Services LLC increased its holdings in shares of Cisco Systems by 0.7% in the third quarter. Cypress Wealth Services LLC now owns 24,470 shares of the network equipment provider's stock valued at $2,886,000 after buying an additional 174 shares in the last quarter. Cardinal Capital Management increased its holdings in shares of Cisco Systems by 1.6% in the third quarter. Cardinal Capital Management now owns 158,584 shares of the network equipment provider's stock valued at $17,068,000 after buying an additional 2,490 shares in the last quarter. Finally, Foster Victor Wealth Advisors LLC lifted its position in shares of Cisco Systems by 3.6% during the 3rd quarter. Foster Victor Wealth Advisors LLC now owns 227,331 shares of the network equipment provider's stock valued at $24,211,000 after acquiring an additional 7,829 shares during the last quarter. Institutional investors own 73.33% of the company's stock.

Insider Activity

In other Cisco Systems news, EVP Oliver Tuszik sold 680 shares of Cisco Systems stock in a transaction dated Monday, September 14th. The stock was sold at an average price of $110.18, for a total transaction of $74,922.40. Following the transaction, the executive vice president owned 163,337 shares of the company's stock, valued at $17,996,470.66. The trade was a 0.41% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Jeetendra Patel sold 7,170 shares of the company's stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $111.57, for a total value of $799,956.90. Following the completion of the transaction, the insider owned 230,593 shares in the company, valued at $25,727,261.01. This represents a 3.02% decrease in their position. 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. In the last three months, insiders sold 44,869 shares of company stock worth $5,005,620. Corporate insiders own 0.01% of the company's stock.

Cisco Systems Price Performance

CSCO opened at $104.89 on Friday. The stock has a fifty day moving average of $110.28 and a 200-day moving average of $109.88. The firm has a market capitalization of $413.54 billion, a P/E ratio of 31.40, a PEG ratio of 2.23 and a beta of 0.99. Cisco Systems, Inc. has a 12-month low of $70.06 and a 12-month high of $130.37. The company has a quick ratio of 0.79, a current ratio of 0.93 and a debt-to-equity ratio of 0.39.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last issued its earnings results on Wednesday, August 12th. The network equipment provider reported $1.22 EPS for the quarter, topping the consensus estimate of $1.17 by $0.05. Cisco Systems had a return on equity of 30.16% and a net margin of 20.95%. The business had revenue of $17.25 billion during the quarter, compared to analysts' expectations of $16.84 billion. During the same quarter last year, the firm posted $0.99 earnings per share. Cisco Systems's revenue was up 17.6% compared to the same quarter last year. Cisco Systems has set its FY 2027 guidance at 5.050-5.110 EPS and its Q1 2027 guidance at 1.320-1.340 EPS. Equities analysts forecast that Cisco Systems, Inc. will post 4.42 EPS for the current fiscal year.

Cisco Systems Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 21st. Shareholders of record on Friday, October 2nd were given a dividend of $0.42 per share. The ex-dividend date was Friday, October 2nd. This represents a $1.68 dividend on an annualized basis and a yield of 1.6%. Cisco Systems's dividend payout ratio (DPR) is presently 50.30%.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on CSCO. Morgan Stanley raised their price objective on Cisco Systems from $130.00 to $135.00 and gave the stock an "overweight" rating in a research note on Thursday, August 13th. Wall Street Zen upgraded Cisco Systems from a "hold" rating to a "buy" rating in a report on Sunday, October 11th. KeyCorp boosted their target price on Cisco Systems from $130.00 to $135.00 and gave the stock an "overweight" rating in a research report on Thursday, August 13th. Piper Sandler reduced their target price on Cisco Systems from $132.00 to $125.00 and set a "neutral" rating for the company in a report on Tuesday, September 22nd. Finally, UBS Group increased their price target on Cisco Systems from $132.00 to $138.00 and gave the company a "buy" rating in a research report on Thursday, August 13th. Three investment analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $128.52.

More Cisco Systems News

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

• Positive Sentiment: Cisco unveiled high-density AI networking products, including Silicon One G302 switches and a planned 400Gb/s-per-lane optical module developed with NVIDIA, TE Connectivity and Amphenol. Expanded SONiC support and AI-operations security tools strengthen the company’s effort to capture spending across networking hardware, silicon, optics and software. Did AI Networking Expansion Just Shift Cisco's Investment Narrative?
• Positive Sentiment: Longer-term bullish commentary argues that Cisco can benefit from continued AI data-center investment and from software that helps customers monitor AI usage and control rising model-inference costs. Cisco: Can It Profit From Helping Customers Spend Less on AI?
• Neutral Sentiment: ETF funds were net sellers of CSCO on October 20, adding a technical source of pressure that does not necessarily reflect a change in Cisco’s operating outlook. ETFs Are Net Sellers of Cisco
• Neutral Sentiment: Analysts continue to debate whether Cisco’s AI opportunity represents a durable shift from its traditional enterprise networking business. Comparisons with Arista Networks highlight the importance of execution, data-center design wins and margins. Arista Networks Versus Cisco Systems
• Negative Sentiment: The latest decline reflects Cisco falling more than the broader market, while commentary from Seeking Alpha characterized the stock’s AI narrative as overbought and maintained a Hold view. At a price-to-earnings ratio above 31, investors may be demanding substantial AI growth before awarding the shares a higher valuation. Here's Why Cisco Systems Fell More Than the Broader Market

About Cisco Systems

Cisco Systems, Inc is a global technology company that develops networking, cybersecurity, collaboration and observability solutions for businesses, government organizations and service providers. Its offerings include routers, switches, wireless networking equipment, data-center infrastructure, security software and services, as well as technologies that support cloud and hybrid IT environments.

The company also provides collaboration tools through its Webex portfolio, cloud-managed networking through Cisco Meraki and security and observability capabilities that include technologies from Splunk, which Cisco acquired in 2024.

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