Cisco Systems, Inc. $CSCO Stock: Axxcess Wealth Management LLC Decreases Position

Key Points

• Axxcess Wealth Management cut its Cisco stake by 64.9% in the third quarter, selling 109,009 shares and retaining 58,830 shares valued at approximately $6.3 million. Institutional investors collectively own 73.33% of Cisco.
• Analyst sentiment remains favorable overall, with Cisco receiving a “Moderate Buy” consensus rating and an average price target of $128.52, although HSBC downgraded the stock to “Hold” and lowered its target to $120.
• Cisco reported quarterly earnings and revenue above analyst expectations, with revenue up 17.6% year over year, and maintains a quarterly dividend of $0.42 per share, equal to a 1.6% yield.

Axxcess Wealth Management LLC trimmed its stake in Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 64.9% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 58,830 shares of the network equipment provider's stock after selling 109,009 shares during the period. Axxcess Wealth Management LLC's holdings in Cisco Systems were worth $6,332,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of CSCO. USAdvisors Wealth Management LLC boosted its stake in shares of Cisco Systems by 7.4% during the 3rd quarter. USAdvisors Wealth Management LLC now owns 2,623 shares of the network equipment provider's stock worth $282,000 after purchasing an additional 181 shares during the period. Arvest Investments Inc. bought a new position in Cisco Systems during the 3rd quarter valued at about $474,000. Albion Financial Group UT raised its position in Cisco Systems by 0.7% in the 3rd quarter. Albion Financial Group UT now owns 292,801 shares of the network equipment provider's stock worth $31,514,000 after purchasing an additional 2,116 shares during the period. Strengthening Families & Communities LLC raised its position in Cisco Systems by 4.8% in the 3rd quarter. Strengthening Families & Communities LLC now owns 38,008 shares of the network equipment provider's stock worth $4,091,000 after purchasing an additional 1,747 shares during the period. Finally, Sawyer & Company Inc bought a new stake in Cisco Systems in the third quarter worth about $5,316,000. Hedge funds and other institutional investors own 73.33% of the company's stock.

Analyst Ratings Changes

Several research analysts have issued reports on CSCO shares. UBS Group boosted their target price on Cisco Systems from $132.00 to $138.00 and gave the company a "buy" rating in a research report on Thursday, August 13th. Weiss Ratings reiterated a "buy (b)" rating on shares of Cisco Systems in a report on Wednesday, August 26th. Freedom Capital raised Cisco Systems from a "hold" rating to a "strong-buy" rating in a research note on Sunday, August 16th. Morgan Stanley raised their price target on Cisco Systems from $130.00 to $135.00 and gave the stock an "overweight" rating in a research note on Thursday, August 13th. Finally, HSBC cut Cisco Systems from a "buy" rating to a "hold" rating and dropped their price objective for the company from $137.00 to $120.00 in a report on Friday, August 14th. Three analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $128.52.

Insider Buying and Selling

In other news, EVP Thimaya K. Subaiya sold 312 shares of the business's stock in a transaction dated Monday, September 14th. The stock was sold at an average price of $110.18, for a total transaction of $34,376.16. Following the sale, the executive vice president owned 127,661 shares in the company, valued at approximately $14,065,688.98. The trade was a 0.24% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Charles Robbins sold 21,628 shares of the company's stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $111.54, for a total transaction of $2,412,387.12. Following the transaction, the chief executive officer owned 602,710 shares in the company, valued at approximately $67,226,273.40. This trade represents a 3.46% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 44,869 shares of company stock valued at $5,005,620 in the last 90 days. 0.01% of the stock is owned by insiders.

Cisco Systems Price Performance

Shares of CSCO opened at $107.26 on Thursday. The company has a 50 day moving average price of $110.45 and a 200-day moving average price of $109.70. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.79 and a current ratio of 0.93. The stock has a market capitalization of $422.88 billion, a PE ratio of 29.08, a PEG ratio of 2.22 and a beta of 0.99. Cisco Systems, Inc. has a fifty-two week low of $69.85 and a fifty-two week high of $130.37.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last released its quarterly earnings results on Wednesday, August 12th. The network equipment provider reported $1.22 EPS for the quarter, beating the consensus estimate of $1.17 by $0.05. Cisco Systems had a net margin of 20.95% and a return on equity of 30.16%. The business had revenue of $17.25 billion during the quarter, compared to analyst estimates of $16.84 billion. During the same period in the prior year, the firm posted $0.99 earnings per share. The company's quarterly revenue was up 17.6% on a year-over-year basis. Cisco Systems has set its FY 2027 guidance at 5.050-5.110 EPS and its Q1 2027 guidance at 1.320-1.340 EPS. Equities analysts predict that Cisco Systems, Inc. will post 4.42 earnings per share for the current fiscal year.

Cisco Systems Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 21st. Investors of record on Friday, October 2nd were given a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend was Friday, October 2nd. Cisco Systems's dividend payout ratio is currently 50.30%.

Key Stories Impacting Cisco Systems

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

• Positive Sentiment: Analysts argue that Cisco’s networking equipment, security products and software could benefit as enterprises and data centers continue expanding AI infrastructure. Cisco’s established customer base and cash generation may provide an advantage as spending broadens beyond chips to networking, power and cooling. Is Networking Demand Anchoring Cash-Rich Cisco Systems?
• Positive Sentiment: Cisco’s Splunk business highlighted growing demand for observability tools as AI agents create unpredictable workloads, telemetry expenses and software bills. Monitoring agent performance and controlling waste could support recurring software demand and strengthen Cisco’s AI-related growth narrative. Splunk State of Observability 2026
• Positive Sentiment: World Wide Technology earned Cisco’s Secure AI Infrastructure Specialization, providing evidence of partner adoption for Cisco’s security and AI infrastructure offerings. World Wide Technology Achieves Cisco Secure AI Infrastructure Specialization
• Positive Sentiment: Strategist Tom Lee cited Cisco’s 1990s rally as a precedent for buying an AI-related pullback, reinforcing the view that the current AI investment cycle could have several years to run. Strategist Tom Lee Says He’s Buying the AI Stock Dip
• Neutral Sentiment: Commentary suggests Cisco could help customers reduce the unpredictable operating costs associated with AI agents, potentially creating demand for monitoring and optimization tools, although the opportunity remains dependent on enterprise adoption. Cisco Can Profit From Helping Customers Spend Less on AI?
• Negative Sentiment: Investors remain concerned that Arista Networks may have a more focused, margin-rich position in modern AI data-center networking. Cisco’s broader, legacy enterprise exposure could pressure growth and margins if it loses key design wins. Arista Networks Versus Cisco Systems

About Cisco Systems

Cisco Systems, Inc is a global technology company that develops networking, cybersecurity, collaboration and observability solutions for businesses, government organizations and service providers. Its offerings include routers, switches, wireless networking equipment, data-center infrastructure, security software and services, as well as technologies that support cloud and hybrid IT environments.

The company also provides collaboration tools through its Webex portfolio, cloud-managed networking through Cisco Meraki and security and observability capabilities that include technologies from Splunk, which Cisco acquired in 2024.

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