Cisco Systems, Inc. $CSCO Stock Bought by Versant Capital Management Inc

Key Points

• Versant Capital Management increased its Cisco stake by 43.7% in the third quarter, bringing its holdings to 33,365 shares valued at approximately $3.6 million. Institutional investors collectively own 73.33% of Cisco’s outstanding stock.
• Analyst sentiment remains positive overall, with Cisco holding a “Moderate Buy” consensus rating and an average price target of $128.52, although Piper Sandler lowered its target to $125 and Barclays maintained an “equal weight” rating.
• Cisco reported quarterly revenue of $17.25 billion and adjusted EPS of $1.22, beating analyst estimates, while revenue rose 17.6% year over year. The company also declared a quarterly dividend of $0.42 per share, representing a 1.5% annualized yield.

Versant Capital Management Inc raised its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 43.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 33,365 shares of the network equipment provider's stock after purchasing an additional 10,146 shares during the quarter. Versant Capital Management Inc's holdings in Cisco Systems were worth $3,591,000 at the end of the most recent reporting period.

Several other institutional investors also recently added to or reduced their stakes in CSCO. QRG Capital Management Inc. grew its stake in Cisco Systems by 8.4% in the second quarter. QRG Capital Management Inc. now owns 726,999 shares of the network equipment provider's stock worth $86,704,000 after purchasing an additional 56,088 shares in the last quarter. Envestnet Portfolio Solutions Inc. raised its stake in Cisco Systems by 24.6% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 363,506 shares of the network equipment provider's stock valued at $47,287,000 after buying an additional 71,774 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in Cisco Systems by 6.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 10,702,020 shares of the network equipment provider's stock worth $1,320,657,000 after purchasing an additional 644,534 shares in the last quarter. State Street Corp increased its stake in Cisco Systems by 7.0% during the 2nd quarter. State Street Corp now owns 207,106,569 shares of the network equipment provider's stock valued at $25,278,492,000 after purchasing an additional 13,512,872 shares in the last quarter. Finally, Premier Financial Group acquired a new stake in shares of Cisco Systems during the second quarter worth $71,000. Hedge funds and other institutional investors own 73.33% of the company's stock.

Analyst Ratings Changes

A number of brokerages have recently commented on CSCO. Morgan Stanley upped their target price on Cisco Systems from $130.00 to $135.00 and gave the stock an "overweight" rating in a research note on Thursday, August 13th. Rosenblatt Securities raised their price objective on Cisco Systems from $150.00 to $165.00 and gave the company a "buy" rating in a report on Thursday, August 13th. Piper Sandler reduced their target price on Cisco Systems from $132.00 to $125.00 and set a "neutral" rating for the company in a research note on Tuesday, September 22nd. Weiss Ratings reissued a "buy (b)" rating on shares of Cisco Systems in a research note on Wednesday, August 26th. Finally, Barclays boosted their price target on shares of Cisco Systems from $121.00 to $123.00 and gave the stock an "equal weight" rating in a report on Thursday, August 13th. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $128.52.

Insider Buying and Selling

In other news, insider Jeetendra Patel sold 7,170 shares of the stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $111.57, for a total value of $799,956.90. Following the completion of the sale, the insider owned 230,593 shares of the company's stock, valued at $25,727,261.01. This represents a 3.02% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at 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 firm's stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $112.46, for a total transaction of $310,389.60. Following the sale, the executive vice president owned 165,276 shares of the company's stock, valued at $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. Insiders sold a total of 44,869 shares of company stock worth $5,005,620 over the last ninety days. 0.01% of the stock is currently owned by insiders.

Trending Headlines about Cisco Systems

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

• Positive Sentiment: Cisco reported a fifth consecutive earnings beat, with AI infrastructure orders growing faster than expected. Product orders increased 35% year over year in fiscal Q4 2026, reinforcing investor optimism about demand for networking equipment supporting artificial intelligence. The Boring Tech Stock With an AI Tailwind Has 17% Upside
• Positive Sentiment: Cisco’s planned sovereign AI infrastructure platform with Bell Canada could expand its networking, security, observability, and critical-infrastructure businesses in regulated markets requiring data residency and control. Did Bell–Cisco Sovereign AI Pact Just Recast Cisco Systems’ Regulated-Market Strategy?
• Positive Sentiment: Cisco remains attractive to income-focused investors after announcing a quarterly dividend of $0.42 payable October 21. Its dividend growth and exposure to AI networking are supporting the case for the stock as a combination of income and technology exposure. Cisco Systems to Distribute Quarterly Dividend
• Neutral Sentiment: The industrial-control-system security market is forecast to grow at a 16.5% annual rate through 2031, offering a favorable long-term market backdrop for Cisco’s cybersecurity business, although the report does not provide a new company-specific forecast. Industrial Control System Security Market Forecasts Growth
• Neutral Sentiment: Bernstein initiated coverage with a “market perform” rating and a $110 price target, implying limited near-term upside from the referenced $108.76 level. Bernstein Initiates Coverage of Cisco Systems
• Negative Sentiment: Management described its fiscal 2027 AI revenue forecast as prudent, raising questions about how quickly AI-related sales can materially affect overall results. AI represented only about 6% of fiscal 2026 revenue, so Cisco still depends heavily on slower-growing enterprise and telecom businesses. Are There Signs Cisco Stock Is Going To Swing Big?
• Negative Sentiment: Piper Sandler lowered its price target to $125, while analysts and commentary have highlighted valuation risk after CSCO’s strong 12-month advance. At roughly 29 times earnings, investors may require sustained growth beyond current AI optimism to justify additional upside. Piper Sandler Cuts Target for Cisco Systems Stock

Cisco Systems Price Performance

Shares of Cisco Systems stock opened at $108.76 on Friday. The stock has a market capitalization of $428.80 billion, a P/E ratio of 32.56, a PEG ratio of 2.25 and a beta of 0.99. The business has a 50 day simple moving average of $112.04 and a two-hundred day simple moving average of $106.40. Cisco Systems, Inc. has a 12 month low of $66.81 and a 12 month 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 issued its earnings results on Wednesday, August 12th. The network equipment provider reported $1.22 earnings per share (EPS) for the quarter, beating the consensus estimate 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 analysts' expectations of $16.84 billion. During the same period in the prior year, the business earned $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, analysts predict that Cisco Systems, Inc. will post 4.41 EPS for the current fiscal year.

Cisco Systems Announces Dividend

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

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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