Cisco Systems, Inc. $CSCO Position Increased by National Pension Service

Key Points

• National Pension Service increased its Cisco stake by 2.2% in the fourth quarter, adding 208,757 shares and bringing its total holdings to 9.53 million shares worth about $734.2 million.
• Cisco reported strong quarterly results, with EPS of $1.06 and revenue of $15.84 billion, both ahead of expectations; revenue also rose 12% year over year.
• Analysts remain upbeat on Cisco, with several firms lifting price targets, including Bank of America to $135 and Rosenblatt to $150, citing AI-driven demand and improving fundamentals.

National Pension Service raised its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 2.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 9,531,981 shares of the network equipment provider's stock after purchasing an additional 208,757 shares during the period. Cisco Systems comprises about 0.5% of National Pension Service's portfolio, making the stock its 29th largest holding. National Pension Service owned approximately 0.24% of Cisco Systems worth $734,248,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. World Investment Advisors lifted its holdings in shares of Cisco Systems by 15.4% in the 4th quarter. World Investment Advisors now owns 198,549 shares of the network equipment provider's stock worth $13,905,000 after purchasing an additional 26,455 shares during the last quarter. Jones Financial Companies Lllp lifted its holdings in shares of Cisco Systems by 8.9% in the 3rd quarter. Jones Financial Companies Lllp now owns 686,469 shares of the network equipment provider's stock worth $46,165,000 after purchasing an additional 56,057 shares during the last quarter. Rockland Trust Co. lifted its holdings in shares of Cisco Systems by 213.8% in the 3rd quarter. Rockland Trust Co. now owns 20,497 shares of the network equipment provider's stock worth $1,402,000 after purchasing an additional 13,966 shares during the last quarter. Thrivent Financial for Lutherans lifted its holdings in shares of Cisco Systems by 40.0% in the 3rd quarter. Thrivent Financial for Lutherans now owns 3,490,482 shares of the network equipment provider's stock worth $238,818,000 after purchasing an additional 997,738 shares during the last quarter. Finally, ABN AMRO Bank N.V. lifted its holdings in shares of Cisco Systems by 126.3% in the 3rd quarter. ABN AMRO Bank N.V. now owns 176,715 shares of the network equipment provider's stock worth $12,018,000 after purchasing an additional 98,630 shares during the last quarter. Institutional investors own 73.33% of the company's stock.

Insider Buying and Selling

In other news, EVP Thimaya K. Subaiya sold 1,744 shares of the business's stock in a transaction on Thursday, March 12th. The stock was sold at an average price of $77.07, for a total value of $134,410.08. Following the sale, the executive vice president owned 156,693 shares of the company's stock, valued at approximately $12,076,329.51. The trade was a 1.10% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Oliver Tuszik sold 2,761 shares of the business's stock in a transaction on Friday, May 15th. The stock was sold at an average price of $114.61, for a total value of $316,438.21. Following the completion of the sale, the executive vice president directly owned 180,877 shares in the company, valued at $20,730,312.97. This represents a 1.50% decrease in their position. 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 ninety days, insiders have sold 51,324 shares of company stock worth $5,559,834. 0.01% of the stock is owned by corporate insiders.

Cisco Systems Stock Performance

CSCO stock opened at $118.64 on Friday. The company has a market capitalization of $467.61 billion, a P/E ratio of 38.52, a PEG ratio of 3.14 and a beta of 0.92. The company has a 50-day simple moving average of $92.59 and a 200 day simple moving average of $82.92. Cisco Systems, Inc. has a fifty-two week low of $62.30 and a fifty-two week 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 posted its quarterly earnings data on Wednesday, May 13th. The network equipment provider reported $1.06 earnings per share for the quarter, topping the consensus estimate 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 net margin of 20.14% and a return on equity of 28.44%. The company's quarterly revenue was up 12.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $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. Sell-side analysts predict that Cisco Systems, Inc. will post 3.44 earnings per share for the current fiscal year.

Cisco Systems Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 22nd. Investors 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 presently 54.55%.

Cisco Systems News Summary

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 kept a Buy rating, citing stronger demand for networking gear tied to AI infrastructure spending. BofA raises Cisco, Ciena targets as AI optics boom accelerates
• Positive Sentiment: Rosenblatt also boosted its Cisco target to $150 from $100 after the latest earnings report, reinforcing confidence in the company’s results and guidance. Rosenblatt Raises its Price Target on Cisco Systems (CSCO)
• Positive Sentiment: Cisco is being positioned as a beneficiary of the AI buildout, with articles highlighting record results and momentum in networking demand. AI Buildout Fuels Record Results for These Companies
• Positive Sentiment: Qumulo and Cisco launched a CloudBridge architecture aimed at extending file workloads into the cloud, adding another AI/cloud infrastructure use case for Cisco’s platform. Qumulo and Cisco Deliver Industry-First CloudBridge Architecture...
• Positive Sentiment: New coverage suggests Cisco’s security revenue growth could accelerate as it links security to the AI infrastructure cycle, Splunk observability, and AI-agent defenses. Cisco's Security Revenue Growth Set to Pick Up: What's Ahead?
• Neutral Sentiment: Several momentum-focused articles are highlighting Cisco as a strong stock pick, but these are mostly commentary pieces rather than new fundamental 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; the sale is worth noting, but it appears routine and not a major fundamental signal. SEC filing

Analyst Upgrades and Downgrades

CSCO has been the topic of several recent research reports. Wells Fargo & Company raised their price target on Cisco Systems from $95.00 to $130.00 and gave the stock an "overweight" rating in a report on Thursday, May 14th. Zacks Research downgraded Cisco Systems from a "strong-buy" rating to a "hold" rating in a report on Monday, April 13th. New Street Research raised their price target on Cisco Systems from $82.00 to $122.00 and gave the stock a "neutral" rating in a report on Thursday, May 14th. Bank of America raised their price target on Cisco Systems from $114.00 to $135.00 and gave the stock a "buy" rating in a report on Tuesday. Finally, Piper Sandler raised their price target on Cisco Systems from $86.00 to $132.00 and gave the stock a "neutral" rating in a report on Thursday, May 14th. Two analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat.com, Cisco Systems has an average rating of "Moderate Buy" and an average target price of $119.09.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.