Cisco Systems, Inc. $CSCO Stock Bought by Choreo LLC

Key Points

• Choreo LLC increased its Cisco position by 10.8% in the third quarter, bringing its holdings to 189,351 shares worth approximately $20.38 million. Institutional investors and hedge funds collectively own 73.33% of Cisco’s stock.
• Cisco exceeded quarterly expectations with EPS of $1.22 and revenue of $17.25 billion, while revenue rose 17.6% year over year. The company also pays a quarterly dividend of $0.42, equivalent to a 1.5% annual yield.
• Analysts maintain a favorable outlook, with a consensus “Moderate Buy” rating and an average price target of $128.52 versus a recent price of $108.59. AI networking demand is a growth driver, though competition, elevated valuation and recent insider selling remain potential concerns.

Choreo LLC boosted its position in shares of Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 10.8% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 189,351 shares of the network equipment provider's stock after acquiring an additional 18,503 shares during the period. Choreo LLC's holdings in Cisco Systems were worth $20,380,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. Halbert Hargrove Global Advisors LLC increased its position in shares of Cisco Systems by 142.5% during the third quarter. Halbert Hargrove Global Advisors LLC now owns 257 shares of the network equipment provider's stock worth $28,000 after purchasing an additional 151 shares in the last quarter. Kings Path Partners LLC acquired a new stake in shares of Cisco Systems in the 3rd quarter worth $31,000. Blueline Advisors LLC acquired a new stake in shares of Cisco Systems in the 3rd quarter worth $32,000. GK Wealth Management LLC purchased a new position in Cisco Systems during the 3rd quarter worth $37,000. Finally, Manning & Napier Advisors LLC grew its stake in Cisco Systems by 137.0% during the 1st quarter. Manning & Napier Advisors LLC now owns 346 shares of the network equipment provider's stock worth $27,000 after buying an additional 200 shares during the last quarter. 73.33% of the stock is currently owned by institutional investors and hedge funds.

Cisco Systems Price Performance

NASDAQ CSCO opened at $108.59 on Friday. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.93 and a quick ratio of 0.79. The stock's fifty day moving average price is $110.10 and its 200 day moving average price is $100.86. Cisco Systems, Inc. has a 1 year low of $70.54 and a 1 year high of $130.37. The company has a market cap of $428.13 billion, a price-to-earnings ratio of 32.51, a PEG ratio of 2.30 and a beta of 0.99.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last issued its earnings results on Wednesday, August 12th. The network equipment provider reported $1.22 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.17 by $0.05. Cisco Systems had a return on equity of 30.16% and a net margin of 20.95%. The company had revenue of $17.25 billion during the quarter, compared to analyst estimates of $16.84 billion. During the same quarter last year, the business posted $0.99 EPS. The firm'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. As a group, equities research analysts forecast that Cisco Systems, Inc. will post 4.42 earnings per share for the current year.

Cisco Systems Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 21st. Stockholders of record on Friday, October 2nd were paid a $0.42 dividend. This represents a $1.68 annualized dividend and a dividend yield of 1.5%. The ex-dividend date was Friday, October 2nd. Cisco Systems's dividend payout ratio (DPR) is presently 50.30%.

Cisco Systems News Summary

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

• Positive Sentiment: AI networking demand remains a key growth driver. Rising hyperscaler spending and Cisco’s expanding networking portfolio could help it compete more effectively with Arista Networks and Hewlett Packard Enterprise. Cisco Gains From AI Networking Boom
• Positive Sentiment: Security and AI-agent protection initiatives strengthen Cisco’s strategic positioning. The company is promoting AI security, quantum-safe capabilities and Project Quarry, an open-source tool designed to detect rogue AI agents—areas that could support demand as enterprises deploy more AI. Cisco Open Sources Project Quarry
• Positive Sentiment: Analyst expectations remain favorable. Cisco has outperformed the broader market recently, and the reported consensus price target of $128.52 implies further upside from recent trading levels. Cisco Consensus Price Target
• Neutral Sentiment: Earnings are the next major catalyst. A preview noted a positive analyst outlook ahead of Cisco’s report. Investors may be waiting for updated guidance and evidence that AI-related orders are translating into sustained revenue and margin growth. Earnings Preview: What to Expect From Cisco’s Report
• Negative Sentiment: Competitive and valuation concerns may be limiting enthusiasm. Dell’s expanding AI-security capabilities and strong server backlog highlight intensifying competition for AI infrastructure spending, while Cisco’s elevated valuation leaves the stock vulnerable to profit-taking if expectations are not exceeded. Dell Expands AI Security Capabilities
• Negative Sentiment: Recent selling added pressure. ETFs were reported as net sellers of CSCO, and the stock fell more than the broader market without a clearly identified negative company announcement, suggesting investors were reducing exposure or locking in gains ahead of earnings. ETFs Are Net Sellers of Cisco

Insider Transactions at Cisco Systems

In related news, CEO Charles Robbins sold 21,628 shares of Cisco Systems stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $111.54, for a total transaction of $2,412,387.12. Following the completion of the sale, the chief executive officer owned 602,710 shares of the company's stock, valued at $67,226,273.40. The trade was a 3.46% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Oliver Tuszik sold 2,760 shares of the company's stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $112.46, for a total value of $310,389.60. Following the completion of the sale, the executive vice president owned 165,276 shares in the company, valued at approximately $18,586,938.96. This represents a 1.64% 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 90 days, insiders sold 44,869 shares of company stock valued at $5,005,620. 0.01% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

CSCO has been the subject of a number of research analyst reports. Weiss Ratings reiterated a "buy (b)" rating on shares of Cisco Systems in a research note on Wednesday, August 26th. Freedom Capital upgraded Cisco Systems from a "hold" rating to a "strong-buy" rating in a research note on Sunday, August 16th. Wells Fargo & Company upped their price objective on shares of Cisco Systems from $130.00 to $150.00 and gave the company an "overweight" rating in a report on Thursday, August 13th. UBS Group increased their price objective on shares of Cisco Systems from $132.00 to $138.00 and gave the company a "buy" rating in a research report on Thursday, August 13th. Finally, Deutsche Bank Aktiengesellschaft began coverage on shares of Cisco Systems in a research note on Tuesday, September 1st. They issued a "buy" rating and a $135.00 target price for the company. Three investment analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $128.52.

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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