Cisco Systems, Inc. $CSCO Shares Acquired by Premier Path Wealth Partners LLC

Key Points

• Premier Path Wealth Partners LLC increased its Cisco stake by 33% in the first quarter, buying 8,549 more shares and bringing its total to 34,427 shares worth about $2.67 million.
• Cisco reported better-than-expected quarterly results, with EPS of $1.06 and revenue of $15.84 billion, while also guiding Q4 FY2026 EPS to $1.16-$1.18 and FY2026 EPS to $4.27-$4.29.
• The company declared a quarterly dividend of $0.42 per share payable July 22, and analysts currently rate Cisco a consensus Moderate Buy with an average price target of $123.14.

Premier Path Wealth Partners LLC grew its holdings in Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 33.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 34,427 shares of the network equipment provider's stock after acquiring an additional 8,549 shares during the period. Premier Path Wealth Partners LLC's holdings in Cisco Systems were worth $2,671,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in CSCO. MidAtlantic Capital Management Inc. acquired a new position in Cisco Systems during the fourth quarter valued at $25,000. Intesa Sanpaolo Wealth Management acquired a new stake in Cisco Systems during the 4th quarter worth about $25,000. Networth Advisors LLC raised its stake in shares of Cisco Systems by 276.4% during the 1st quarter. Networth Advisors LLC now owns 335 shares of the network equipment provider's stock valued at $26,000 after buying an additional 246 shares during the last quarter. Jessup Wealth Management Inc purchased a new position in shares of Cisco Systems during the 4th quarter valued at about $29,000. Finally, Board of the Pension Protection Fund acquired a new position in shares of Cisco Systems in the 4th quarter valued at about $31,000. Institutional investors and hedge funds own 73.33% of the company's stock.

Cisco Systems Trading Down 0.2%

Shares of CSCO stock opened at $117.46 on Wednesday. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.92 and a quick ratio of 0.81. The company has a market cap of $462.96 billion, a price-to-earnings ratio of 38.14, a PEG ratio of 3.00 and a beta of 1.01. The stock has a 50 day simple moving average of $111.08 and a 200-day simple moving average of $90.07. Cisco Systems, Inc. has a 1-year low of $65.75 and a 1-year high of $130.37.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last announced its earnings results on Wednesday, May 13th. The network equipment provider reported $1.06 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.03 by $0.03. The firm had revenue of $15.84 billion for the quarter, compared to analyst estimates of $15.56 billion. Cisco Systems had a return on equity of 28.44% and a net margin of 20.14%.The business's revenue was up 12.0% on a year-over-year basis. During the same quarter last year, the firm posted $0.96 EPS. 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, equities research analysts expect that Cisco Systems, Inc. will post 3.54 EPS for the current fiscal year.

Cisco Systems Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 22nd. Stockholders of record on Monday, July 6th will be given a $0.42 dividend. The ex-dividend date is Monday, July 6th. This represents a $1.68 annualized dividend and a dividend yield of 1.4%. Cisco Systems's dividend payout ratio (DPR) is 54.55%.

Analyst Ratings Changes

CSCO has been the topic of several analyst reports. The Goldman Sachs Group raised their target price on Cisco Systems from $116.00 to $125.00 and gave the stock a "neutral" rating in a report on Wednesday, June 3rd. Argus boosted their price target on Cisco Systems from $100.00 to $150.00 and gave the company a "buy" rating in a report on Tuesday, May 19th. UBS Group upped their price objective on Cisco Systems from $95.00 to $132.00 and gave the stock a "buy" rating in a research report on Thursday, May 14th. Morgan Stanley raised their price objective on shares of Cisco Systems from $120.00 to $130.00 and gave the stock an "overweight" rating in a research note on Friday, June 12th. Finally, Evercore boosted their target price on shares of Cisco Systems from $110.00 to $150.00 and gave the company an "outperform" rating in a research note on Thursday, May 14th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and eight have assigned 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 price target of $123.14.

Insiders Place Their Bets

In other news, CEO Charles Robbins sold 21,400 shares of the business's stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $120.03, for a total transaction of $2,568,642.00. Following the completion of the sale, the chief executive officer owned 637,085 shares of the company's stock, valued at $76,469,312.55. The trade was a 3.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Jeetendra I. Patel sold 7,169 shares of the company's stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $117.28, for a total transaction of $840,780.32. Following the transaction, the insider owned 246,737 shares of the company's stock, valued at approximately $28,937,315.36. This trade represents a 2.82% 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. Over the last quarter, insiders have sold 47,650 shares of company stock valued at $5,668,823. 0.01% of the stock is owned by company insiders.

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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