Cisco Systems, Inc. $CSCO Stock Holdings Lowered by KMG Fiduciary Partners LLC

Key Points

• KMG Fiduciary Partners cut its Cisco position by 38.4% in the second quarter, selling 54,796 shares and retaining 87,853 shares worth approximately $10.3 million. Institutional investors and hedge funds collectively own 73.33% of CSCO.
• Cisco’s outlook is supported by AI-driven networking demand, recent earnings and revenue beats, and a consensus “Moderate Buy” rating with a $123.14 price target. However, analysts note execution, competition, costs and valuation risks ahead of earnings.
• CSCO shares opened at $122.57, near their 12-month high, while insiders have sold 47,650 shares worth about $5.7 million over the past three months. Cisco also maintains a quarterly dividend of $0.42, equivalent to a 1.4% annualized yield.

KMG Fiduciary Partners LLC lessened its position in Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 38.4% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 87,853 shares of the network equipment provider's stock after selling 54,796 shares during the period. Cisco Systems makes up 1.0% of KMG Fiduciary Partners LLC's portfolio, making the stock its 28th biggest position. KMG Fiduciary Partners LLC's holdings in Cisco Systems were worth $10,319,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. increased its stake in shares of Cisco Systems by 1.0% in the fourth quarter. Vanguard Group Inc. now owns 398,943,293 shares of the network equipment provider's stock valued at $30,730,602,000 after purchasing an additional 4,049,893 shares during the period. State Street Corp boosted its position in shares of Cisco Systems by 0.5% during the fourth quarter. State Street Corp now owns 195,521,161 shares of the network equipment provider's stock worth $15,060,995,000 after buying an additional 1,057,962 shares during the period. Morgan Stanley boosted its position in shares of Cisco Systems by 0.3% during the fourth quarter. Morgan Stanley now owns 75,326,258 shares of the network equipment provider's stock worth $5,802,382,000 after buying an additional 206,352 shares during the period. Invesco Ltd. grew its holdings in Cisco Systems by 11.6% in the 4th quarter. Invesco Ltd. now owns 59,836,782 shares of the network equipment provider's stock worth $4,609,227,000 after buying an additional 6,224,062 shares in the last quarter. Finally, Norges Bank bought a new position in Cisco Systems in the 4th quarter worth approximately $4,473,272,000. 73.33% of the stock is owned by institutional investors and hedge funds.

More Cisco Systems News

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

• Positive Sentiment: AI and networking demand are the key upside drivers. Analysts expect Cisco’s results to reflect strong demand for AI-related networking infrastructure, building on the company’s recent revenue growth and earnings beat. Investors will focus on whether orders, backlog and guidance support further gains. Cisco Q4 Earnings Preview: What Investors Should Expect
• Positive Sentiment: Analysts have been raising price targets. The favorable analyst activity ahead of earnings provides additional support for CSCO, which has been trading above both its 50-day and 200-day moving averages. Cisco Systems Is In a Trading Range Ahead of Earnings
• Neutral Sentiment: Earnings are the immediate catalyst. Cisco is among the week’s major reporting companies, making its results, forward guidance and AI-related commentary especially important for the stock. Options activity indicates investors expect CSCO to remain in a relatively defined trading range before the report. Option Volatility and Earnings Report for Aug. 10–14
• Negative Sentiment: Execution and valuation risks remain. Higher memory costs, Splunk’s cloud transition, intense competition and the possibility that AI growth is already priced into CSCO could pressure the shares if results or guidance disappoint. Should Buy, Sell or Hold Cisco Stock Before Q4 Earnings?

Analyst Ratings Changes

Several analysts have weighed in on CSCO shares. Wall Street Zen downgraded Cisco Systems from a "buy" rating to a "hold" rating in a research note on Tuesday, July 28th. Bank of America increased their price target on Cisco Systems from $135.00 to $150.00 and gave the stock a "buy" rating in a research note on Monday, June 8th. Argus raised their price target on Cisco Systems from $100.00 to $150.00 and gave the company a "buy" rating in a report on Tuesday, May 19th. KeyCorp lifted their price objective on shares of Cisco Systems from $125.00 to $130.00 and gave the company an "overweight" rating in a research note on Thursday, June 25th. Finally, New Street Research upped their price objective on shares of Cisco Systems from $82.00 to $122.00 and gave the stock a "neutral" rating in a report on Thursday, May 14th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and seven have given a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $123.14.

Insider Buying and Selling

In other news, EVP Thimaya K. Subaiya sold 7,127 shares of the firm's stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $119.91, for a total transaction of $854,598.57. Following the completion of the sale, the executive vice president directly owned 140,857 shares of the company's stock, valued at $16,890,162.87. This trade represents a 4.82% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Charles Robbins sold 21,400 shares of Cisco Systems stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $120.03, for a total value of $2,568,642.00. Following the completion of the transaction, the chief executive officer owned 637,085 shares in the company, valued at $76,469,312.55. The trade was a 3.25% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 47,650 shares of company stock valued at $5,668,823 in the last three months. Insiders own 0.01% of the company's stock.

Cisco Systems Price Performance

Shares of NASDAQ CSCO opened at $122.57 on Tuesday. Cisco Systems, Inc. has a twelve month low of $65.75 and a twelve month high of $130.37. The company has a current ratio of 0.92, a quick ratio of 0.81 and a debt-to-equity ratio of 0.40. The firm has a 50-day moving average of $117.77 and a two-hundred day moving average of $98.05. The company has a market capitalization of $483.10 billion, a price-to-earnings ratio of 39.80, a PEG ratio of 2.74 and a beta of 1.02.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last announced its quarterly earnings data on Wednesday, May 13th. The network equipment provider reported $1.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.03 by $0.03. Cisco Systems had a net margin of 20.14% and a return on equity of 28.44%. The company had revenue of $15.84 billion for the quarter, compared to analysts' expectations of $15.56 billion. During the same quarter in the previous year, the company posted $0.96 EPS. The business's revenue was up 12.0% compared to the same quarter last year. Cisco Systems has set its Q4 2026 guidance at 1.160-1.180 EPS and its FY 2026 guidance at 4.270-4.290 EPS. As a group, analysts expect that Cisco Systems, Inc. will post 3.54 earnings per share for the current fiscal year.

Cisco Systems Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 22nd. Shareholders of record on Monday, July 6th were given a $0.42 dividend. The ex-dividend date was Monday, July 6th. This represents a $1.68 annualized dividend and a yield of 1.4%. Cisco Systems's payout ratio is 54.55%.

Cisco Systems Profile

Cisco Systems, Inc is a global technology company that designs, manufactures and sells networking hardware, software and telecommunications equipment. Its core business focuses on enabling enterprise and service-provider networks through products such as routers, switches, network security appliances and wireless systems. Over time Cisco has broadened its portfolio to emphasize software-defined networking, cybersecurity, cloud infrastructure and edge computing solutions that help organizations build and manage modern IT environments.

In addition to hardware, Cisco offers a growing range of software platforms and subscription services for network management, security, analytics and collaboration.

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