Cisco Systems, Inc. $CSCO Position Cut by Barry Investment Advisors LLC

Key Points

• Barry Investment Advisors LLC reduced its Cisco stake by 9.7% in the fourth quarter, selling 14,224 shares and leaving it with 132,209 shares worth about $10.2 million.
• Several analysts recently turned more positive on Cisco, with firms like Bank of America and Rosenblatt boosting price targets on expectations of stronger AI-related networking demand and solid quarterly results.
• Cisco posted better-than-expected quarterly earnings and revenue, raised its forward guidance, and also announced a quarterly dividend of $0.42 per share, signaling continued financial strength.

Barry Investment Advisors LLC trimmed its holdings in Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 9.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 132,209 shares of the network equipment provider's stock after selling 14,224 shares during the quarter. Cisco Systems comprises 2.3% of Barry Investment Advisors LLC's portfolio, making the stock its 12th largest holding. Barry Investment Advisors LLC's holdings in Cisco Systems were worth $10,184,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. EQ Wealth Advisors LLC bought a new position in Cisco Systems during the 4th quarter valued at $31,000. Board of the Pension Protection Fund bought a new position in Cisco Systems during the 4th quarter valued at $31,000. Anfield Capital Management LLC boosted its stake in Cisco Systems by 248.9% during the 4th quarter. Anfield Capital Management LLC now owns 485 shares of the network equipment provider's stock valued at $37,000 after purchasing an additional 346 shares in the last quarter. Joseph Group Capital Management bought a new position in Cisco Systems during the 4th quarter valued at $38,000. Finally, Luken Investment Analytics LLC boosted its stake in Cisco Systems by 418.0% during the 4th quarter. Luken Investment Analytics LLC now owns 518 shares of the network equipment provider's stock valued at $40,000 after purchasing an additional 418 shares in the last quarter. 73.33% of the stock is owned by institutional investors.

Insider Activity

In other news, EVP Oliver Tuszik sold 3,132 shares of the firm's stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $79.74, for a total value of $249,745.68. Following the sale, the executive vice president directly owned 188,613 shares of the company's stock, valued at approximately $15,040,000.62. This trade represents a 1.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Thimaya K. Subaiya sold 1,744 shares of the firm's stock in a transaction dated Thursday, March 12th. The shares were sold at an average price of $77.07, for a total value of $134,410.08. Following the completion of the sale, the executive vice president directly owned 156,693 shares in the company, valued at approximately $12,076,329.51. This represents a 1.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 51,324 shares of company stock valued at $5,559,834. Corporate insiders own 0.01% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on CSCO shares. Piper Sandler raised their price objective on Cisco Systems from $86.00 to $132.00 and gave the stock a "neutral" rating in a research note on Thursday, May 14th. DZ Bank raised Cisco Systems to a "strong-buy" rating in a research note on Friday, February 13th. BNP Paribas Exane raised 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. Weiss Ratings lowered Cisco Systems from a "buy (b)" rating to a "buy (b-)" rating in a research note on Friday, May 15th. Finally, Barclays raised their price objective on Cisco Systems from $76.00 to $121.00 and gave the stock an "equal weight" rating in a research note on Thursday, May 14th. Two analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eight have given a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $119.09.

Key Cisco Systems News

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

• Positive Sentiment: Bank of America raised its price target on Cisco to $135 from $114 and reiterated a Buy rating, citing stronger demand for high-speed optical networking gear tied to AI infrastructure spending. BofA raises Cisco, Ciena targets as AI optics boom accelerates
• Positive Sentiment: Rosenblatt also lifted its price target on Cisco to $150 from $100 and kept a Buy rating after the company’s latest quarterly results, reinforcing optimism around earnings and forward guidance. Rosenblatt Raises its Price Target on Cisco Systems (CSCO)
• Positive Sentiment: Recent coverage continues to frame Cisco as a beneficiary of the AI buildout, with articles highlighting record results and strong momentum in networking demand. AI Buildout Fuels Record Results for These Companies
• Positive Sentiment: Qumulo and Cisco unveiled a new CloudBridge architecture designed to help enterprises extend file workloads into the cloud, which adds to the market’s view that Cisco is benefiting from AI and cloud infrastructure trends. Qumulo and Cisco Deliver Industry-First CloudBridge Architecture...
• Neutral Sentiment: Several momentum-focused articles are spotlighting Cisco as a strong stock pick, but these are largely commentary pieces rather than new business developments. Are You Looking for a Top Momentum Pick? Why Cisco Systems (CSCO) is a Great Choice
• Neutral Sentiment: CEO Charles Robbins sold 21,400 shares under a pre-arranged 10b5-1 plan; while notable, the sale was routine and does not necessarily signal a change in fundamentals. SEC filing

Cisco Systems Price Performance

CSCO opened at $119.67 on Thursday. The stock has a fifty day moving average of $91.81 and a 200-day moving average of $82.58. The firm has a market capitalization of $471.67 billion, a P/E ratio of 38.85, a PEG ratio of 3.60 and a beta of 0.92. Cisco Systems, Inc. has a 12-month low of $62.30 and a 12-month high of $120.79. The company has a quick ratio of 0.81, a current ratio of 0.92 and a debt-to-equity ratio of 0.40.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last announced its quarterly earnings data on Wednesday, May 13th. The network equipment provider reported $1.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.03 by $0.03. Cisco Systems had a return on equity of 28.44% and a net margin of 20.14%.The business had revenue of $15.84 billion during the quarter, compared to analyst estimates of $15.56 billion. During the same period last year, the company earned $0.96 earnings per share. Cisco Systems's quarterly revenue 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. Equities analysts forecast that Cisco Systems, Inc. will post 3.44 EPS for the current fiscal year.

Cisco Systems Dividend Announcement

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 given a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Monday, July 6th. Cisco Systems's dividend payout ratio is presently 54.55%.

About Cisco Systems

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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