Cisco Systems, Inc. $CSCO Stock Position Lifted by Soltis Investment Advisors LLC

Key Points

• Soltis Investment Advisors increased its Cisco position by 37.1% in the third quarter, bringing its holdings to 93,493 shares valued at approximately $10.1 million. Institutional investors collectively own 73.33% of the company.
• Analyst sentiment remains positive, with Cisco holding a “Moderate Buy” consensus rating and an average price target of $128.52; Wells Fargo recently raised its target to $150.
• Cisco exceeded quarterly expectations with $1.22 in EPS and $17.25 billion in revenue, up 17.6% year over year, while AI networking and security demand remain key growth drivers.

Soltis Investment Advisors LLC grew its position in Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 37.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 93,493 shares of the network equipment provider's stock after buying an additional 25,289 shares during the quarter. Soltis Investment Advisors LLC's holdings in Cisco Systems were worth $10,063,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Cozad Asset Management Inc. grew its position in Cisco Systems by 0.3% in the 1st quarter. Cozad Asset Management Inc. now owns 26,203 shares of the network equipment provider's stock valued at $2,033,000 after acquiring an additional 87 shares in the last quarter. Dogwood Wealth Management LLC increased its stake in Cisco Systems by 3.9% during the second quarter. Dogwood Wealth Management LLC now owns 2,413 shares of the network equipment provider's stock worth $283,000 after purchasing an additional 90 shares during the period. Green Ridge Wealth Planning LLC lifted its position in shares of Cisco Systems by 1.5% during the third quarter. Green Ridge Wealth Planning LLC now owns 6,017 shares of the network equipment provider's stock worth $648,000 after purchasing an additional 90 shares in the last quarter. August Group Capital Ltd lifted its position in shares of Cisco Systems by 2.0% during the second quarter. August Group Capital Ltd now owns 4,723 shares of the network equipment provider's stock worth $555,000 after purchasing an additional 91 shares in the last quarter. Finally, Financial Insights Inc. boosted its stake in shares of Cisco Systems by 1.5% in the first quarter. Financial Insights Inc. now owns 6,220 shares of the network equipment provider's stock valued at $483,000 after purchasing an additional 92 shares during the period. Hedge funds and other institutional investors own 73.33% of the company's stock.

More Cisco Systems News

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

• Positive Sentiment: AI networking demand remains a key growth driver. Rising hyperscaler spending and Cisco’s expanding networking portfolio could help it compete more effectively with Arista Networks and Hewlett Packard Enterprise. Cisco Gains From AI Networking Boom
• Positive Sentiment: Security and AI-agent protection initiatives strengthen Cisco’s strategic positioning. The company is promoting AI security, quantum-safe capabilities and Project Quarry, an open-source tool designed to detect rogue AI agents—areas that could support demand as enterprises deploy more AI. Cisco Open Sources Project Quarry
• Positive Sentiment: Analyst expectations remain favorable. Cisco has outperformed the broader market recently, and the reported consensus price target of $128.52 implies further upside from recent trading levels. Cisco Consensus Price Target
• Neutral Sentiment: Earnings are the next major catalyst. A preview noted a positive analyst outlook ahead of Cisco’s report. Investors may be waiting for updated guidance and evidence that AI-related orders are translating into sustained revenue and margin growth. Earnings Preview: What to Expect From Cisco’s Report
• Negative Sentiment: Competitive and valuation concerns may be limiting enthusiasm. Dell’s expanding AI-security capabilities and strong server backlog highlight intensifying competition for AI infrastructure spending, while Cisco’s elevated valuation leaves the stock vulnerable to profit-taking if expectations are not exceeded. Dell Expands AI Security Capabilities
• Negative Sentiment: Recent selling added pressure. ETFs were reported as net sellers of CSCO, and the stock fell more than the broader market without a clearly identified negative company announcement, suggesting investors were reducing exposure or locking in gains ahead of earnings. ETFs Are Net Sellers of Cisco

Analyst Ratings Changes

A number of research analysts recently weighed in on the stock. Wells Fargo & Company lifted their price objective on shares of Cisco Systems from $130.00 to $150.00 and gave the company an "overweight" rating in a report on Thursday, August 13th. 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 note on Thursday, August 13th. Weiss Ratings reiterated a "buy (b)" rating on shares of Cisco Systems in a report on Wednesday, August 26th. Sanford C. Bernstein assumed coverage on shares of Cisco Systems in a research report on Wednesday, September 30th. They issued a "market perform" rating and a $110.00 price target for the company. Finally, UBS Group boosted their price target on shares of Cisco Systems from $132.00 to $138.00 and gave the stock a "buy" rating in a research note on Thursday, August 13th. Three research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $128.52.

Insider Activity at Cisco Systems

In other news, insider Jeetendra Patel sold 7,170 shares of the firm's stock in a transaction 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 sale, the insider directly owned 230,593 shares in the company, valued at approximately $25,727,261.01. This trade represents a 3.02% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Thimaya Subaiya sold 5,832 shares of Cisco Systems stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $111.47, for a total transaction of $650,093.04. Following the sale, the executive vice president directly owned 128,382 shares of the company's stock, valued at approximately $14,310,741.54. This trade represents a 4.35% 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 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.

Cisco Systems Price Performance

CSCO stock opened at $108.59 on Friday. The business's 50-day moving average is $110.10 and its two-hundred day moving average is $100.86. 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 firm has a market capitalization of $428.13 billion, a P/E ratio of 32.51, a P/E/G ratio of 2.30 and a beta of 0.99. 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 data on Wednesday, August 12th. The network equipment provider reported $1.22 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 business had revenue of $17.25 billion during the quarter, compared to the consensus estimate of $16.84 billion. During the same period in the previous year, the company posted $0.99 earnings per share. The business's revenue for the quarter 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. Analysts anticipate that Cisco Systems, Inc. will post 4.42 earnings per share for the current fiscal year.

Cisco Systems Dividend Announcement

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

About Cisco Systems

Cisco Systems, Inc is a global technology company that develops networking, cybersecurity, collaboration and observability solutions for businesses, government organizations and service providers. Its offerings include routers, switches, wireless networking equipment, data-center infrastructure, security software and services, as well as technologies that support cloud and hybrid IT environments.

The company also provides collaboration tools through its Webex portfolio, cloud-managed networking through Cisco Meraki and security and observability capabilities that include technologies from Splunk, which Cisco acquired in 2024.

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