Cisco Systems, Inc. $CSCO Shares Bought by Vanguard Personalized Indexing Management LLC

Key Points

• Vanguard Personalized Indexing Management LLC increased its stake in Cisco Systems by 16.9% in Q2, owning 621,032 shares now valued at approximately $43.1 million.
• Major investors including Goldman Sachs and Kingstone Capital significantly boosted their holdings in Cisco, highlighting robust institutional interest with 73.33% of the stock currently owned by institutional investors.
• Analysts have raised their price targets for Cisco, with Wells Fargo estimating a new target of $83 and Bank of America setting theirs at $85, signaling a positive outlook for the stock.

Vanguard Personalized Indexing Management LLC raised its stake in Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 16.9% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 621,032 shares of the network equipment provider's stock after acquiring an additional 89,639 shares during the quarter. Cisco Systems makes up approximately 0.5% of Vanguard Personalized Indexing Management LLC's investment portfolio, making the stock its 23rd largest position. Vanguard Personalized Indexing Management LLC's holdings in Cisco Systems were worth $43,125,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of CSCO. Kingstone Capital Partners Texas LLC acquired a new position in Cisco Systems in the second quarter valued at approximately $904,542,000. Goldman Sachs Group Inc. raised its stake in shares of Cisco Systems by 37.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 46,973,293 shares of the network equipment provider's stock worth $2,898,722,000 after buying an additional 12,775,066 shares during the period. Nuveen LLC acquired a new position in shares of Cisco Systems during the 1st quarter worth approximately $750,495,000. Pacer Advisors Inc. raised its stake in shares of Cisco Systems by 1,144.2% during the 1st quarter. Pacer Advisors Inc. now owns 8,120,886 shares of the network equipment provider's stock worth $501,140,000 after buying an additional 7,468,212 shares during the period. Finally, Acadian Asset Management LLC raised its stake in shares of Cisco Systems by 255.9% during the 1st quarter. Acadian Asset Management LLC now owns 7,819,547 shares of the network equipment provider's stock worth $482,509,000 after buying an additional 5,622,672 shares during the period. 73.33% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Cisco Systems news, EVP Thimaya K. Subaiya sold 1,744 shares of the company's stock in a transaction on Friday, September 12th. The stock was sold at an average price of $66.78, for a total value of $116,464.32. Following the completion of the sale, the executive vice president directly owned 158,009 shares in the company, valued at $10,551,841.02. This represents a 1.09% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Charles Robbins sold 30,557 shares of the company's stock in a transaction on Friday, August 15th. The shares were sold at an average price of $66.63, for a total value of $2,036,012.91. Following the completion of the sale, the chief executive officer owned 639,000 shares of the company's stock, valued at approximately $42,576,570. The trade was a 4.56% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 82,965 shares of company stock worth $5,559,996 over the last quarter. Corporate insiders own 0.01% of the company's stock.

Analysts Set New Price Targets

Several research analysts have recently weighed in on CSCO shares. Wells Fargo & Company upped their target price on Cisco Systems from $75.00 to $83.00 and gave the stock an "overweight" rating in a research note on Thursday, August 14th. Bank of America upped their target price on Cisco Systems from $76.00 to $85.00 and gave the stock a "buy" rating in a research note on Thursday, August 14th. Evercore ISI upped their target price on Cisco Systems from $72.00 to $74.00 and gave the stock an "in-line" rating in a research note on Thursday, August 14th. Barclays boosted their price target on Cisco Systems from $66.00 to $71.00 and gave the stock an "equal weight" rating in a research report on Thursday, August 14th. Finally, KeyCorp started coverage on Cisco Systems in a research report on Thursday, June 26th. They set an "overweight" rating and a $77.00 price target for the company. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and ten have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $74.89.

Cisco Systems Stock Down 2.9%

Shares of NASDAQ:CSCO opened at $67.94 on Friday. The company has a quick ratio of 0.91, a current ratio of 1.00 and a debt-to-equity ratio of 0.49. The business has a fifty day moving average of $68.24 and a two-hundred day moving average of $64.88. The stock has a market cap of $268.58 billion, a P/E ratio of 25.93, a PEG ratio of 2.86 and a beta of 0.97. Cisco Systems, Inc. has a 52-week low of $52.11 and a 52-week high of $72.55.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last issued its earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.98 by $0.01. The company had revenue of $14.67 billion during the quarter, compared to analysts' expectations of $14.63 billion. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The firm's quarterly revenue was up 7.6% on a year-over-year basis. During the same period in the prior year, the business earned $0.87 EPS. Cisco Systems has set its Q1 2026 guidance at 0.970-0.990 EPS. FY 2026 guidance at 4.000-4.060 EPS. On average, research analysts expect that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.

Cisco Systems Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 22nd. Shareholders of record on Friday, October 3rd will be issued a $0.41 dividend. This represents a $1.64 annualized dividend and a yield of 2.4%. The ex-dividend date is Friday, October 3rd. Cisco Systems's dividend payout ratio is presently 62.60%.

About Cisco Systems

Cisco Systems, Inc designs, manufactures, and sells Internet Protocol based networking and other products related to the communications and information technology industry in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and China. The company also offers switching portfolio encompasses campus switching as well as data center switching; enterprise routing portfolio interconnects public and private wireline and mobile networks, delivering highly secure, and reliable connectivity to campus, data center and branch networks; wireless products include wireless access points and controllers; and compute portfolio including the cisco unified computing system, hyperflex, and software management capabilities, which combine computing, networking, and storage infrastructure management and virtualization.

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