Compound Planning Inc. Grows Position in Cisco Systems, Inc. $CSCO

Key Points

• Compound Planning Inc. increased its stake in Cisco Systems by 39.5%, owning 34,084 shares worth approximately $2.1 million.
• Analysts have raised Cisco's price targets, with Morgan Stanley setting a new objective of $70.00 and UBS increasing their target to $74.00, reflecting a generally positive outlook.
• Cisco Systems reported $0.99 EPS for the latest quarter, surpassing estimates, and is set to pay a quarterly dividend of $0.41 on October 22nd.

Compound Planning Inc. grew its stake in Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 39.5% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 34,084 shares of the network equipment provider's stock after acquiring an additional 9,659 shares during the quarter. Compound Planning Inc.'s holdings in Cisco Systems were worth $2,103,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its holdings in Cisco Systems by 0.5% in the first quarter. Vanguard Group Inc. now owns 388,949,854 shares of the network equipment provider's stock worth $24,002,095,000 after acquiring an additional 1,865,648 shares in the last quarter. Northern Trust Corp boosted its holdings in Cisco Systems by 11.4% in the fourth quarter. Northern Trust Corp now owns 47,238,258 shares of the network equipment provider's stock worth $2,796,505,000 after acquiring an additional 4,832,813 shares in the last quarter. Invesco Ltd. lifted its holdings in shares of Cisco Systems by 10.4% during the first quarter. Invesco Ltd. now owns 47,117,146 shares of the network equipment provider's stock valued at $2,907,599,000 after purchasing an additional 4,437,450 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of Cisco Systems by 37.4% during the first quarter. Goldman Sachs Group Inc. now owns 46,973,293 shares of the network equipment provider's stock valued at $2,898,722,000 after purchasing an additional 12,775,066 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Cisco Systems by 7.8% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 36,471,275 shares of the network equipment provider's stock valued at $2,159,099,000 after purchasing an additional 2,637,006 shares in the last quarter. 73.33% of the stock is owned by institutional investors.

Analysts Set New Price Targets

CSCO has been the topic of a number of research analyst reports. Rosenblatt Securities reaffirmed a "buy" rating and set a $87.00 price target on shares of Cisco Systems in a report on Thursday, August 14th. William Blair raised Cisco Systems to a "hold" rating in a report on Thursday, August 14th. Citigroup upped their price target on Cisco Systems from $68.00 to $71.00 and gave the company a "buy" rating in a report on Thursday, May 15th. KeyCorp began coverage on Cisco Systems in a report on Thursday, June 26th. They issued an "overweight" rating and a $77.00 target price on the stock. Finally, HSBC reissued a "hold" rating and issued a $69.00 target price on shares of Cisco Systems in a report on Friday, August 15th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and ten have issued a Hold rating to the company's stock. According to data from MarketBeat.com, Cisco Systems presently has an average rating of "Moderate Buy" and a consensus price target of $74.53.

Insiders Place Their Bets

In related news, CEO Charles Robbins sold 30,557 shares of Cisco Systems 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 owned 639,000 shares of the company's stock, valued at approximately $42,576,570. This trade represents a 4.56% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Deborah L. Stahlkopf sold 9,783 shares of Cisco Systems stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $66.60, for a total value of $651,547.80. Following the sale, the executive vice president directly owned 161,662 shares in the company, valued at $10,766,689.20. This trade represents a 5.71% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 135,118 shares of company stock valued at $8,847,167. 0.01% of the stock is currently owned by corporate insiders.

Cisco Systems Stock Performance

CSCO traded up $0.30 during midday trading on Friday, reaching $67.32. The company had a trading volume of 16,826,733 shares, compared to its average volume of 22,719,050. The company has a quick ratio of 0.92, a current ratio of 1.01 and a debt-to-equity ratio of 0.49. The business has a 50-day moving average of $68.20 and a two-hundred day moving average of $63.56. The company has a market cap of $266.59 billion, a P/E ratio of 25.69, a P/E/G ratio of 2.75 and a beta of 0.91. Cisco Systems, Inc. has a 1 year low of $47.85 and a 1 year high of $72.55.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last issued its quarterly earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 EPS for the quarter, topping analysts' consensus estimates of $0.98 by $0.01. The business had revenue of $14.67 billion during the quarter, compared to analysts' expectations of $14.63 billion. Cisco Systems had a return on equity of 27.02% and a net margin of 18.45%.The business's quarterly revenue was up 7.6% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.87 earnings per share. 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 research analysts predict that Cisco Systems, Inc. will post 3.04 earnings per share for the current fiscal year.

Cisco Systems Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 22nd. Shareholders of record on Friday, October 3rd will be given a $0.41 dividend. The ex-dividend date is Friday, October 3rd. This represents a $1.64 dividend on an annualized basis and a yield of 2.4%. Cisco Systems's dividend payout ratio is presently 62.60%.

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.