Cisco Systems, Inc. $CSCO Stock Holdings Lifted by UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC

Key Points

• UBS Asset Management has increased its stake in Cisco Systems by 3.6%, acquiring a total of 37,797,629 shares, making it the 23rd largest position in its portfolio.
• Cisco Systems reported $0.99 EPS in its latest quarterly earnings, surpassing analyst expectations, with revenue reaching $14.67 billion, marking a 7.6% increase from the previous year.
• The company announced a quarterly dividend of $0.41, which will be paid on October 22nd, representing an annual yield of 2.5% based on its current share price.

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 3.6% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,797,629 shares of the network equipment provider's stock after purchasing an additional 1,326,354 shares during the quarter. Cisco Systems makes up approximately 0.6% of UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC's holdings, making the stock its 23rd biggest position. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned about 0.95% of Cisco Systems worth $2,332,492,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Mpwm Advisory Solutions LLC purchased a new position in Cisco Systems in the fourth quarter valued at about $26,000. JDM Financial Group LLC boosted its stake in shares of Cisco Systems by 160.4% during the 4th quarter. JDM Financial Group LLC now owns 487 shares of the network equipment provider's stock worth $29,000 after acquiring an additional 300 shares in the last quarter. Pandora Wealth Inc. bought a new stake in shares of Cisco Systems during the 1st quarter worth about $31,000. Fairway Wealth LLC boosted its stake in shares of Cisco Systems by 224.7% during the 1st quarter. Fairway Wealth LLC now owns 578 shares of the network equipment provider's stock worth $36,000 after acquiring an additional 400 shares in the last quarter. Finally, Accent Capital Management LLC bought a new stake in shares of Cisco Systems during the 1st quarter worth about $36,000. Hedge funds and other institutional investors own 73.33% of the company's stock.

Analysts Set New Price Targets

CSCO has been the subject of several recent analyst reports. Wolfe Research initiated coverage on Cisco Systems in a research note on Tuesday, July 8th. They set a "peer perform" rating for the company. Citigroup upped their price target on Cisco Systems from $68.00 to $71.00 and gave the stock a "buy" rating in a research note on Thursday, May 15th. Barclays boosted their price objective on Cisco Systems from $66.00 to $71.00 and gave the stock an "equal weight" rating in a research report on Thursday, August 14th. CICC Research assumed coverage on Cisco Systems in a research report on Monday, July 14th. They set an "outperform" rating and a $78.00 price objective for the company. Finally, HSBC reissued a "hold" rating and set a $69.00 price objective on shares of Cisco Systems in a research report on Friday, August 15th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and ten have given a Hold rating to the stock. Based on data from MarketBeat.com, Cisco Systems presently has a consensus rating of "Moderate Buy" and a consensus target price of $74.53.

Cisco Systems Trading Down 0.0%

Cisco Systems stock opened at $66.88 on Tuesday. The business has a 50 day moving average price of $68.39 and a two-hundred day moving average price of $63.90. The company has a quick ratio of 0.91, a current ratio of 1.00 and a debt-to-equity ratio of 0.49. The stock has a market cap of $264.39 billion, a price-to-earnings ratio of 25.53, a price-to-earnings-growth ratio of 2.81 and a beta of 0.99. Cisco Systems, Inc. has a 12 month low of $47.85 and a 12 month high of $72.55.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last released its quarterly earnings data on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share for the quarter, beating the consensus estimate of $0.98 by $0.01. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The company had revenue of $14.67 billion for the quarter, compared to analyst estimates of $14.63 billion. During the same period in the prior year, the company posted $0.87 EPS. The company's revenue was up 7.6% compared to the same quarter last year. Cisco Systems has set its Q1 2026 guidance at 0.970-0.990 EPS. FY 2026 guidance at 4.000-4.060 EPS. As a group, equities analysts forecast that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 22nd. Stockholders of record on Friday, October 3rd will be paid a $0.41 dividend. This represents a $1.64 annualized dividend and a dividend yield of 2.5%. The ex-dividend date is Friday, October 3rd. Cisco Systems's dividend payout ratio is currently 62.60%.

Insider Buying and Selling

In related news, CEO Charles Robbins sold 30,557 shares of the stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $66.63, for a total transaction of $2,036,012.91. Following the sale, the chief executive officer directly owned 639,000 shares in the company, valued at $42,576,570. This represents a 4.56% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Maria Victoria Wong sold 3,162 shares of the stock in a transaction that occurred on Monday, August 25th. The stock was sold at an average price of $67.28, for a total value of $212,739.36. Following the sale, the senior vice president owned 31,468 shares in the company, valued at approximately $2,117,167.04. This trade represents a 9.13% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 89,311 shares of company stock worth $5,916,823. Insiders own 0.01% of the company's stock.

About Cisco Systems

Cisco Systems, Inc designs, manufactures, and sells Internet Protocol based networking and other products related to the communications and information technology industry in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and China. The company also offers switching portfolio encompasses campus switching as well as data center switching; enterprise routing portfolio interconnects public and private wireline and mobile networks, delivering highly secure, and reliable connectivity to campus, data center and branch networks; wireless products include wireless access points and controllers; and compute portfolio including the cisco unified computing system, hyperflex, and software management capabilities, which combine computing, networking, and storage infrastructure management and virtualization.

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