Corient Private Wealth LP Sells 206,872 Shares of Cisco Systems, Inc. $CSCO

Key Points

• Corient Private Wealth reduced its Cisco Systems stake by 8%, selling 206,872 shares and ending the quarter with 2.37 million shares valued at approximately $278.1 million. Institutional investors collectively own 73.33% of Cisco.
• Cisco reported a quarterly earnings beat, with EPS of $1.22 versus estimates of $1.17 and revenue of $17.25 billion, up 17.6% year over year. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $129.68.
• Cisco declared a quarterly dividend of $0.42 per share, equivalent to $1.68 annually and a 1.6% yield; meanwhile, insiders sold 51,004 shares worth approximately $5.75 million over the past three months.

Corient Private Wealth LP decreased its holdings in Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 8.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,367,630 shares of the network equipment provider's stock after selling 206,872 shares during the period. Corient Private Wealth LP owned 0.06% of Cisco Systems worth $278,102,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. MidAtlantic Capital Management Inc. purchased a new position in Cisco Systems in the 4th quarter valued at approximately $25,000. Intesa Sanpaolo Wealth Management purchased a new stake in shares of Cisco Systems during the fourth quarter worth $25,000. Networth Advisors LLC lifted its position in shares of Cisco Systems by 276.4% during the first quarter. Networth Advisors LLC now owns 335 shares of the network equipment provider's stock worth $26,000 after acquiring an additional 246 shares in the last quarter. Financial Life Planners bought a new position in shares of Cisco Systems in the first quarter worth $27,000. Finally, Manning & Napier Advisors LLC boosted its holdings in shares of Cisco Systems by 137.0% in the first quarter. Manning & Napier Advisors LLC now owns 346 shares of the network equipment provider's stock worth $27,000 after acquiring an additional 200 shares during the period. Institutional investors own 73.33% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on CSCO shares. Deutsche Bank Aktiengesellschaft began coverage on Cisco Systems in a research note on Tuesday, September 1st. They set a "buy" rating and a $135.00 price objective on the stock. The Goldman Sachs Group lifted their target price on Cisco Systems from $116.00 to $125.00 and gave the company a "neutral" rating in a report on Wednesday, June 3rd. Zacks Research cut Cisco Systems from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, August 4th. CICC Research increased their price target on shares of Cisco Systems from $96.00 to $125.00 and gave the stock an "outperform" rating in a report on Monday, May 18th. Finally, Wall Street Zen upgraded shares of Cisco Systems from a "hold" rating to a "buy" rating in a research report on Saturday, August 15th. Two research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $129.68.

Cisco Systems Price Performance

NASDAQ:CSCO opened at $107.44 on Friday. The firm has a market capitalization of $423.59 billion, a price-to-earnings ratio of 32.17, a P/E/G ratio of 2.28 and a beta of 1.00. Cisco Systems, Inc. has a 52-week low of $66.13 and a 52-week high of $130.37. The stock has a fifty day moving average of $113.67 and a 200 day moving average of $103.24. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.79 and a current ratio of 0.93.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last announced its 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 business had revenue of $17.25 billion for the quarter, compared to analyst estimates of $16.84 billion. During the same period in the prior year, the company earned $0.99 EPS. The company's quarterly 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, research analysts expect that Cisco Systems, Inc. will post 4.43 EPS for the current fiscal year.

Cisco Systems Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 21st. Investors of record on Friday, October 2nd will be given a $0.42 dividend. This represents a $1.68 annualized dividend and a dividend yield of 1.6%. The ex-dividend date is Friday, October 2nd. Cisco Systems's dividend payout ratio is 50.30%.

Insiders Place Their Bets

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 shares were sold at an average price of $111.53, for a total value of $723,495.11. Following the sale, the executive vice president directly 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 sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Oliver Tuszik sold 2,760 shares of Cisco Systems stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $112.46, for a total transaction of $310,389.60. Following the sale, the executive vice president owned 165,276 shares of the company's stock, valued at approximately $18,586,938.96. The trade was a 1.64% 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 sold a total of 51,004 shares of company stock valued at $5,750,920 over the last three months. Corporate insiders own 0.01% of the company's stock.

More Cisco Systems News

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

• Positive Sentiment: Cisco and Infleqtion announced a research-and-development collaboration focused on networking and scaling quantum-computing systems. Although the opportunity is long term and not yet tied to material revenue, it strengthens Cisco’s positioning in emerging network architectures. Infleqtion and Cisco Announce Collaboration to Advance Networked Quantum Technology
• Positive Sentiment: Cisco’s AI infrastructure momentum remains a key support for the stock. Its reported $9.3 billion AI order book, a 14-fold increase in token activity, and the live AMD-Humain deployment in Saudi Arabia highlight demand for high-speed networking and potential growth in hyperscale and Middle Eastern AI infrastructure. Cisco Says AI Agents Now Consume 60% of Global Inference
• Neutral Sentiment: Cisco is promoting its October WebexOne event, where customers and industry leaders will discuss practical applications of AI-powered collaboration. The event may provide additional product and demand commentary, but it is primarily a corporate marketing update rather than an immediate earnings catalyst. Cisco WebexOne Media Alert
• Negative Sentiment: A courtroom dispute involving Huawei source-code allegations has reached trial. While the claims concern historic technology, the litigation adds legal uncertainty and appears to be the most immediate headline pressure on CSCO, particularly as investors focus on whether it could affect costs, reputation, or management attention. Cisco Slips as Huawei Source-Code Claims Reach Trial
• Negative Sentiment: Analysts and market commentary are flagging downside risk after the stock’s strong 12-month advance and recent monthly pullback. Cisco’s AI opportunity is increasingly dependent on hyperscaler spending, while hardware-heavy growth could pressure gross margins. Its valuation also leaves less room for execution missteps. How Far Could Cisco Stock Fall With Its Fastest Growth Riding on Hyperscalers?

Cisco Systems Profile

Cisco Systems, Inc is a global technology company that provides networking, cybersecurity, collaboration, observability and other information technology solutions. Its offerings include routers, switches, wireless networking equipment, data center infrastructure, security platforms, unified communications tools and software designed to help organizations connect, manage and protect their digital environments.

Cisco serves businesses, government agencies, educational institutions, telecommunications providers and other organizations worldwide.

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