Cisco Systems, Inc. $CSCO Shares Sold by Federation des caisses Desjardins du Quebec

Federation des caisses Desjardins du Quebec reduced its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 1.1% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 513,874 shares of the network equipment provider's stock after selling 5,484 shares during the quarter. Federation des caisses Desjardins du Quebec's holdings in Cisco Systems were worth $31,712,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Ashton Thomas Securities LLC boosted its position in shares of Cisco Systems by 2.9% during the 1st quarter. Ashton Thomas Securities LLC now owns 5,654 shares of the network equipment provider's stock worth $349,000 after acquiring an additional 159 shares in the last quarter. Maverick Capital Ltd. acquired a new position in shares of Cisco Systems during the 1st quarter worth about $48,424,000. Focus Partners Advisor Solutions LLC boosted its position in shares of Cisco Systems by 20.1% during the 1st quarter. Focus Partners Advisor Solutions LLC now owns 82,737 shares of the network equipment provider's stock worth $5,106,000 after acquiring an additional 13,833 shares in the last quarter. First Financial Bankshares Inc boosted its position in shares of Cisco Systems by 1.1% during the 1st quarter. First Financial Bankshares Inc now owns 1,002,442 shares of the network equipment provider's stock worth $61,861,000 after acquiring an additional 10,861 shares in the last quarter. Finally, Graham Capital Management L.P. boosted its position in shares of Cisco Systems by 91.5% during the 1st quarter. Graham Capital Management L.P. now owns 200,855 shares of the network equipment provider's stock worth $12,395,000 after acquiring an additional 95,985 shares in the last quarter. 73.33% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have recently issued reports on CSCO. New Street Research reaffirmed a "neutral" rating and set a $70.00 price objective on shares of Cisco Systems in a research report on Friday, May 16th. HSBC reissued a "hold" rating and issued a $69.00 target price on shares of Cisco Systems in a research report on Friday, August 15th. Citigroup upped their target price on Cisco Systems from $68.00 to $71.00 and gave the company a "buy" rating in a research report on Thursday, May 15th. Wells Fargo & Company upped their target price on Cisco Systems from $75.00 to $83.00 and gave the company an "overweight" rating in a research report on Thursday, August 14th. Finally, CICC Research assumed coverage on Cisco Systems in a research report on Monday, July 14th. They issued an "outperform" rating and a $78.00 target price for the company. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and ten have assigned a Hold rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $74.53.

Insider Activity at Cisco Systems

In other Cisco Systems news, EVP Deborah L. Stahlkopf sold 9,783 shares of the stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $66.60, for a total transaction of $651,547.80. Following the completion of the sale, the executive vice president directly owned 161,662 shares of the company's stock, valued at approximately $10,766,689.20. This trade represents a 5.71% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Maria Victoria Wong sold 3,162 shares of the stock in a transaction that occurred on Monday, August 25th. The stock was sold at an average price of $67.28, for a total value of $212,739.36. Following the transaction, the senior vice president directly owned 31,468 shares of the company's stock, valued at approximately $2,117,167.04. This trade represents a 9.13% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 119,095 shares of company stock worth $7,841,167 in the last ninety days. Company insiders own 0.01% of the company's stock.

Cisco Systems Stock Down 1.9%

Cisco Systems stock opened at $67.80 on Wednesday. Cisco Systems, Inc. has a twelve month low of $47.85 and a twelve month high of $72.55. The stock has a 50 day moving average of $68.50 and a two-hundred day moving average of $63.83. The company has a current ratio of 1.01, a quick ratio of 0.92 and a debt-to-equity ratio of 0.49. The stock has a market capitalization of $268.49 billion, a price-to-earnings ratio of 25.88, a PEG ratio of 2.93 and a beta of 0.99.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last posted its quarterly earnings data on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share for the quarter, topping analysts' consensus estimates of $0.98 by $0.01. Cisco Systems had a return on equity of 27.02% and a net margin of 18.45%.The company had revenue of $14.67 billion during the quarter, compared to analysts' expectations of $14.63 billion. During the same period last year, the firm earned $0.87 EPS. The firm's revenue for the quarter was up 7.6% on a year-over-year basis. Cisco Systems has set its Q1 2026 guidance at 0.970-0.990 EPS. FY 2026 guidance at 4.000-4.060 EPS. As a group, 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 disclosed a quarterly dividend, which will be paid on Wednesday, October 22nd. Shareholders of record on Friday, October 3rd will be given a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend is Friday, October 3rd. Cisco Systems's dividend payout ratio (DPR) is presently 62.60%.

Cisco Systems Profile

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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