Cisco Systems, Inc. $CSCO Stock Sold by Arnhold LLC

Key Points

• Arnhold LLC reduced its Cisco position by 7.8% in the third quarter, selling 22,649 shares and retaining 266,489 shares valued at approximately $28.7 million.
• Cisco reported a quarterly earnings beat, with revenue rising 17.6% year over year to $17.25 billion, and provided an improved fiscal-year outlook.
• Analysts maintain a generally positive view, with the stock rated “Moderate Buy” and an average price target of $128.52; Cisco also pays a $0.42 quarterly dividend, yielding about 1.5%.

Arnhold LLC lessened its holdings in Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 7.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 266,489 shares of the network equipment provider's stock after selling 22,649 shares during the period. Cisco Systems comprises 2.1% of Arnhold LLC's holdings, making the stock its 11th biggest holding. Arnhold LLC's holdings in Cisco Systems were worth $28,682,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of CSCO. Cozad Asset Management Inc. raised its holdings 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 buying an additional 87 shares during the last quarter. Dogwood Wealth Management LLC increased its position in Cisco Systems by 3.9% in the 2nd quarter. Dogwood Wealth Management LLC now owns 2,413 shares of the network equipment provider's stock valued at $283,000 after acquiring an additional 90 shares during the period. Green Ridge Wealth Planning LLC raised its stake 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 valued at $648,000 after acquiring an additional 90 shares during the last quarter. August Group Capital Ltd raised its stake 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 valued at $555,000 after acquiring an additional 91 shares during the last quarter. Finally, Financial Insights Inc. raised its stake in shares of Cisco Systems by 1.5% during the first quarter. Financial Insights Inc. now owns 6,220 shares of the network equipment provider's stock valued at $483,000 after acquiring an additional 92 shares during the last quarter. 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-focused partner strategy: At Cisco Partner Summit, the company introduced updates to its Cisco 360 partner program, including ecosystem deal registration, new incentives, AI-enabled tools, and broader availability of Cisco IQ. The initiatives are designed to help partners capture increased enterprise spending on AI-ready networking and could support future revenue growth. Cisco Expands Partner Opportunity with New Cisco 360 Program Updates, High Yield Customer Experience Offerings, and AI-Ready Innovations
• Positive Sentiment: Expanded Cisco IQ adoption: Presidio is integrating Cisco IQ with its Presidio Advisor platform, combining Cisco’s AI-powered operational intelligence with multi-vendor lifecycle management. The agreement may increase the visibility and commercial reach of Cisco IQ while reinforcing Cisco’s position in proactive IT management and security. Presidio Integrates Cisco IQ with Presidio Advisor
• Positive Sentiment: Fundamental and analyst support: Wall Street’s generally bullish view, along with Cisco’s latest earnings beat, 17.6% revenue growth, and raised fiscal-year outlook, continues to attract investor attention. Is It Worth Investing in Cisco Based on Wall Street’s Bullish Views?
• Neutral Sentiment: Trading considerations: Technical coverage describes a rebound but highlights resistance ahead. Cisco’s shares trade well above their 200-day moving average, while a P/E near 33 may make investors more sensitive to execution and forward-growth expectations. Cisco Bounces Back: Can It Break Through Resistance?
• Neutral Sentiment: A report showing zero short interest offers no meaningful bearish or short-covering signal and appears inconsistent with the claim of a large increase in short interest.

Analyst Ratings Changes

CSCO has been the topic of a number of recent research reports. Wells Fargo & Company lifted their price target on shares of Cisco Systems from $130.00 to $150.00 and gave the stock an "overweight" rating in a report on Thursday, August 13th. Weiss Ratings restated a "buy (b)" rating on shares of Cisco Systems in a report on Wednesday, August 26th. Piper Sandler lowered their target price on Cisco Systems from $132.00 to $125.00 and set a "neutral" rating for the company in a research report on Tuesday, September 22nd. UBS Group lifted their target price on Cisco Systems from $132.00 to $138.00 and gave the stock a "buy" rating in a report on Thursday, August 13th. Finally, Wall Street Zen upgraded Cisco Systems from a "hold" rating to a "buy" rating in a research report on Sunday, October 11th. Three investment analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $128.52.

Cisco Systems Price Performance

CSCO stock opened at $110.24 on Tuesday. The firm has a market cap of $434.63 billion, a price-to-earnings ratio of 33.01, a PEG ratio of 2.22 and a beta of 0.99. The company has a quick ratio of 0.79, a current ratio of 0.93 and a debt-to-equity ratio of 0.39. Cisco Systems, Inc. has a 12-month low of $70.43 and a 12-month high of $130.37. The company's fifty day simple moving average is $110.23 and its 200 day simple moving average is $100.14.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last issued its quarterly earnings results on Wednesday, August 12th. The network equipment provider reported $1.22 earnings per share 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 firm had revenue of $17.25 billion during the quarter, compared to the consensus estimate of $16.84 billion. During the same period last year, the business posted $0.99 EPS. The business's revenue was up 17.6% compared to the same quarter last year. 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. On average, analysts expect that Cisco Systems, Inc. will post 4.42 earnings per share for the current year.

Cisco Systems Dividend Announcement

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

Insider Activity at Cisco Systems

In related news, EVP Deborah Stahlkopf sold 6,487 shares of the firm's stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $111.53, for a total transaction of $723,495.11. Following the completion of the sale, the executive vice president owned 167,116 shares of the company's stock, valued at $18,638,447.48. This trade represents a 3.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Oliver Tuszik sold 680 shares of Cisco Systems stock in a transaction that occurred on Monday, September 14th. The stock was sold at an average price of $110.18, for a total value of $74,922.40. Following the completion of the sale, the executive vice president owned 163,337 shares of the company's stock, valued at approximately $17,996,470.66. The trade was a 0.41% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 44,869 shares of company stock worth $5,005,620 over the last quarter. 0.01% of the stock is owned by company insiders.

Cisco Systems Profile

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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