Cisco Systems, Inc. $CSCO Stock Holdings Decreased by Alps Advisors Inc.

Key Points

• Alps Advisors cut its Cisco stake by 25.4% in the third quarter, selling 74,193 shares; it retained 217,661 shares valued at about $23.4 million.
• Institutional investors and hedge funds own 73.33% of Cisco shares, with several large investors—including State Street, which increased its position by 7%—holding or adding to stakes.
• Recent sentiment was mixed: Morgan Stanley downgraded Cisco to Equal Weight and cut its price target to $120, citing potential AI-related pressure on gross margins, while Cisco’s latest reported quarterly results beat earnings and revenue estimates.

Alps Advisors Inc. decreased its stake in Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 25.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 217,661 shares of the network equipment provider's stock after selling 74,193 shares during the period. Alps Advisors Inc.'s holdings in Cisco Systems were worth $23,427,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. BlackRock Inc. acquired a new stake in Cisco Systems in the second quarter worth $42,129,647,000. State Street Corp lifted 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 valued at $25,278,492,000 after buying an additional 13,512,872 shares during the last quarter. Bank of America Corp DE acquired a new position in shares of Cisco Systems during the second quarter valued at $5,892,379,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of Cisco Systems by 2.7% during 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 valued at $5,103,654,000 after acquiring an additional 1,143,106 shares during the period. Finally, Bank of New York Mellon Corp acquired a new position in shares of Cisco Systems during the second quarter valued at $4,714,574,000. Institutional investors and hedge funds own 73.33% of the company's stock.

Trending Headlines about Cisco Systems

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

• Positive Sentiment: Cisco was named a leader in ABI Research’s open line systems ranking for data-center interconnects, a market benefiting from AI-driven data-center expansion. Article: Ciena, Nokia, and Cisco Named Leaders in ABI Research’s Open Line Systems Ranking
• Positive Sentiment: New partner and cloud offerings—including AI-focused tools and expanded partner incentives—could support recurring software and services revenue. Separately, Spectrum Business introduced a managed Cisco secure-networking service aimed at AI-oriented enterprise workloads. Article: How Investors Are Reacting To Cisco Stock After Analyst Downgrade Article: Cisco Expands Into Managed Secure Networking
• Neutral Sentiment: Cisco’s Q3 earnings are scheduled for November 12. Options traders are pricing in a potentially substantial move around the report, making results and guidance a near-term catalyst. Article: Cisco Set for Near 11% Move After Q3 Earnings, Say Options Traders
• Negative Sentiment: Morgan Stanley cut Cisco from Overweight to Equal Weight and lowered its price target from $135 to $120. The firm warned that faster AI-infrastructure growth could worsen the sales mix and pressure gross margins, weighing on earnings growth in fiscal 2028. Article: Morgan Stanley Downgrades Cisco On AI Impacting Gross Margins
• Negative Sentiment: The downgrade coincided with broad selling in AI-infrastructure and networking stocks. Cisco’s shares also fell below their 200-day moving average, a technical signal that may add to investor caution. Article: Cisco Falls on Morgan Stanley Downgrade and AI Infrastructure Selloff Article: Cisco Stock Price Breaks Below 200-Day Moving Average

Cisco Systems Stock Down 2.0%

Shares of Cisco Systems stock opened at $93.85 on Friday. The business's fifty day moving average price is $108.82 and its two-hundred day moving average price is $101.63. 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 company has a market capitalization of $370.01 billion, a P/E ratio of 28.10, a PEG ratio of 1.95 and a beta of 1.01. Cisco Systems, Inc. has a 1-year low of $70.54 and a 1-year high of $130.37.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last announced its quarterly 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 in the previous year, the firm 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, research analysts forecast that Cisco Systems, Inc. will post 4.42 EPS for the current year.

Cisco Systems Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 21st. Investors of record on Friday, October 2nd were paid a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date was Friday, October 2nd. Cisco Systems's payout ratio is currently 50.30%.

Analysts Set New Price Targets

CSCO has been the subject of several recent research reports. Sanford C. Bernstein assumed coverage on shares of Cisco Systems in a research report on Wednesday, September 30th. They set a "market perform" rating and a $110.00 price target for the company. Weiss Ratings reiterated a "buy (b)" rating on shares of Cisco Systems in a research report on Wednesday, August 26th. Truist Financial lifted their price objective on shares of Cisco Systems from $125.00 to $140.00 and gave the company a "buy" rating in a research report on Thursday, August 13th. Morgan Stanley lowered shares of Cisco Systems from an "overweight" rating to an "equal weight" rating and reduced their target price for the company from $135.00 to $120.00 in a research note on Thursday. Finally, Barclays upped their target price on shares of Cisco Systems from $121.00 to $123.00 and gave the stock an "equal weight" rating in a research report on Thursday, August 13th. Three analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $127.87.

Insiders Place Their Bets

In related news, 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 value 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. This represents 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 the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Oliver Tuszik sold 680 shares of the stock in a transaction dated Monday, September 14th. The shares were sold at an average price of $110.18, for a total transaction of $74,922.40. Following the completion of the transaction, the executive vice president owned 163,337 shares of the company's stock, valued at $17,996,470.66. This represents a 0.41% 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 ninety days, insiders have sold 44,869 shares of company stock valued at $5,005,620. Corporate insiders own 0.01% of the company's stock.

Cisco Systems Company Profile

Cisco Systems, Inc develops networking, cybersecurity, collaboration and observability technologies for businesses, governments and other organizations. Its products include routers, switches, wireless systems and data center infrastructure, along with security software and services that help organizations connect and protect their networks.

The company also provides collaboration tools through its Webex platform and observability capabilities through its software offerings, including technology from Splunk, which Cisco acquired in 2024.

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