Cisco Systems, Inc. $CSCO Stock Bought by Mn Services Vermogensbeheer B.V.

Key Points

• Mn Services Vermogensbeheer B.V. increased its Cisco stake by 4.2% in the third quarter, adding 48,400 shares to own 1.2 million shares worth approximately $132.4 million. Institutional investors collectively own 73.33% of Cisco.
• Analyst sentiment remains positive but mixed, with Cisco holding a consensus “Moderate Buy” rating and an average price target of $128.52. The stock opened at $114.89, with a 52-week range of $66.81 to $130.37.
• Cisco exceeded quarterly expectations with $1.22 in adjusted EPS and $17.25 billion in revenue, while revenue grew 17.6% year over year. The company also declared a quarterly dividend of $0.42 per share, representing a 1.5% annualized yield.

Mn Services Vermogensbeheer B.V. boosted its stake in Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 4.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,199,406 shares of the network equipment provider's stock after acquiring an additional 48,400 shares during the period. Cisco Systems accounts for approximately 1.0% of Mn Services Vermogensbeheer B.V.'s holdings, making the stock its 23rd biggest holding. Mn Services Vermogensbeheer B.V.'s holdings in Cisco Systems were worth $132,415,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. BlackRock Inc. bought a new stake in shares of Cisco Systems during the 2nd quarter valued at about $42,129,647,000. State Street Corp raised its stake in Cisco Systems by 7.0% in the second quarter. State Street Corp now owns 207,106,569 shares of the network equipment provider's stock worth $25,278,492,000 after buying an additional 13,512,872 shares in the last quarter. Bank of America Corp DE purchased a new stake in Cisco Systems in the second quarter worth about $5,892,379,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in Cisco Systems by 2.7% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 43,450,141 shares of the network equipment provider's stock worth $5,103,654,000 after buying an additional 1,143,106 shares during the period. Finally, Bank of New York Mellon Corp bought a new stake in Cisco Systems during the 2nd quarter valued at approximately $4,714,574,000. 73.33% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the company. HSBC lowered Cisco Systems from a "buy" rating to a "hold" rating and decreased their target price for the stock from $137.00 to $120.00 in a research report on Friday, August 14th. Zacks Research upgraded Cisco Systems from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, September 30th. Barclays increased their price objective on Cisco Systems from $121.00 to $123.00 and gave the stock an "equal weight" rating in a report on Thursday, August 13th. Wall Street Zen lowered Cisco Systems from a "buy" rating to a "hold" rating in a research report on Saturday, October 3rd. Finally, Wells Fargo & Company upped their target price on shares of Cisco Systems from $130.00 to $150.00 and gave the stock an "overweight" rating in a research report on Thursday, August 13th. Three investment analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and seven have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $128.52.

Cisco Systems Price Performance

CSCO opened at $114.89 on Friday. The firm has a market cap of $452.96 billion, a PE ratio of 34.40, a P/E/G ratio of 2.46 and a beta of 0.99. The stock has a 50-day moving average price of $112.13 and a 200-day moving average price of $107.70. Cisco Systems, Inc. has a 1 year low of $66.81 and a 1 year high of $130.37. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.93 and a quick ratio of 0.79.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last announced its quarterly earnings data 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. The company had revenue of $17.25 billion for the quarter, compared to the consensus estimate of $16.84 billion. Cisco Systems had a net margin of 20.95% and a return on equity of 30.16%. Cisco Systems's revenue for the quarter was up 17.6% on a year-over-year basis. During the same period in the prior year, the firm posted $0.99 EPS. 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. Sell-side analysts predict that Cisco Systems, Inc. will post 4.41 earnings per share for the current fiscal year.

Cisco Systems Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 21st. Investors of record on Friday, October 2nd will be given a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date is Friday, October 2nd. Cisco Systems's dividend payout ratio is 50.30%.

Cisco Systems News Roundup

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

• Positive Sentiment: Cisco unveiled agentic AI capabilities across Webex, workplace solutions and customer experience. The updates include AI agents that can analyze data, generate content and execute tasks using enterprise context, potentially creating new growth opportunities and strengthening Cisco’s competitive position in enterprise collaboration. Cisco Unveils New Agentic Collaboration Experiences
• Positive Sentiment: Additional product announcements included a Google Meet partnership for Cisco devices, a new customer-experience platform, RoomOS 27 and a FIPS-validated post-quantum security application. These offerings could support demand for Cisco’s collaboration, security and networking portfolio. Cisco unveils agentic AI tools across Webex, workplace and CX
• Positive Sentiment: Recent commentary highlighted Cisco’s fifth consecutive earnings beat and strong AI-infrastructure orders, suggesting that demand related to artificial intelligence could be moving the company into a faster-growth phase. Cisco’s latest reported quarter also included revenue growth and earnings above analyst expectations. Cisco Could Be Entering a New Growth Phase
• Neutral Sentiment: Investors remain divided over whether Cisco’s AI momentum is fully reflected in the stock. With shares near their 52-week high and trading at a relatively rich earnings multiple, further gains may depend on sustained order growth, margin performance and successful execution of the AI strategy. Cisco Systems Sees a More Significant Dip Than Broader Market
• Negative Sentiment: A report that Webex AI agents may continue working after calls end raised concerns about reliability, user control and enterprise deployment risk. Such issues could slow adoption of Cisco’s new AI features and weighed on sentiment despite the broader product rollout. Cisco Stocks Slip as Webex Agents Keep Working After Calls

Insider Transactions at Cisco Systems

In other news, CEO Charles Robbins sold 21,628 shares of the stock in a transaction on Friday, August 14th. The shares were sold at an average price of $111.54, for a total value of $2,412,387.12. Following the completion of the sale, the chief executive officer directly owned 602,710 shares of the company's stock, valued at $67,226,273.40. This represents a 3.46% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Deborah L. Stahlkopf sold 6,487 shares of the business's stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $111.53, for a total value of $723,495.11. Following the completion of the transaction, the executive vice president directly owned 167,116 shares in the company, valued at approximately $18,638,447.48. This represents a 3.74% decrease in their ownership of the stock. 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 ninety days, insiders have sold 44,869 shares of company stock worth $5,005,620. 0.01% of the stock is currently owned by corporate insiders.

Cisco Systems Profile

Cisco Systems, Inc is a global technology company that develops networking, cybersecurity, collaboration, observability and data center solutions. Its products and services help businesses, governments, educational institutions and other organizations connect users and devices, manage infrastructure, protect digital environments and support cloud-based operations.

Cisco's portfolio includes routers and switches, wireless networking equipment, network management software, firewalls, identity and access tools, endpoint security products, collaboration applications and observability platforms.

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