Crossmark Global Holdings Inc. Sells 108,339 Shares of Cisco Systems, Inc. $CSCO

Key Points

• Crossmark Global Holdings cut its Cisco position by 13.9%, selling 108,339 shares and retaining 668,373 shares valued at approximately $71.9 million. Institutional investors collectively own 73.33% of Cisco.
• Analyst sentiment remains positive, with a consensus “Moderate Buy” rating and an average price target of $128.52; recent firms raised targets as high as $165.
• Cisco reported better-than-expected quarterly results, including $1.22 in EPS and $17.25 billion in revenue, while revenue increased 17.6% year over year. The company also maintains a quarterly dividend of $0.42 per share, yielding about 1.6%.

Crossmark Global Holdings Inc. decreased its position in Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 13.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 668,373 shares of the network equipment provider's stock after selling 108,339 shares during the period. Cisco Systems makes up 0.9% of Crossmark Global Holdings Inc.'s holdings, making the stock its 15th biggest holding. Crossmark Global Holdings Inc.'s holdings in Cisco Systems were worth $71,937,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the company. USAdvisors Wealth Management LLC boosted its position in shares of Cisco Systems by 7.4% during the 3rd quarter. USAdvisors Wealth Management LLC now owns 2,623 shares of the network equipment provider's stock valued at $282,000 after purchasing an additional 181 shares in the last quarter. Arvest Investments Inc. acquired a new stake in Cisco Systems during the third quarter worth approximately $474,000. Albion Financial Group UT increased its holdings in Cisco Systems by 0.7% in the third quarter. Albion Financial Group UT now owns 292,801 shares of the network equipment provider's stock worth $31,514,000 after purchasing an additional 2,116 shares in the last quarter. Strengthening Families & Communities LLC increased its holdings in Cisco Systems by 4.8% in the third quarter. Strengthening Families & Communities LLC now owns 38,008 shares of the network equipment provider's stock worth $4,091,000 after purchasing an additional 1,747 shares in the last quarter. Finally, Sawyer & Company Inc acquired a new position in Cisco Systems in the third quarter valued at approximately $5,316,000. Institutional investors own 73.33% of the company's stock.

Insiders Place Their Bets

In other Cisco Systems news, insider Jeetendra Patel sold 7,170 shares of the firm's stock in a transaction on Friday, August 14th. The stock was sold at an average price of $111.57, for a total transaction of $799,956.90. Following the transaction, 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 legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Charles Robbins sold 21,628 shares of Cisco Systems stock in a transaction on Friday, August 14th. The stock was sold at an average price of $111.54, for a total transaction of $2,412,387.12. Following the transaction, the chief executive officer directly owned 602,710 shares in the company, valued at $67,226,273.40. This represents a 3.46% 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 44,869 shares of company stock worth $5,005,620 in the last three months. 0.01% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on CSCO shares. Deutsche Bank Aktiengesellschaft started coverage on Cisco Systems in a report on Tuesday, September 1st. They set a "buy" rating and a $135.00 price target on the stock. Barclays lifted their price objective on shares of Cisco Systems from $121.00 to $123.00 and gave the company an "equal weight" rating in a research note on Thursday, August 13th. Rosenblatt Securities boosted their target price on shares of Cisco Systems from $150.00 to $165.00 and gave the company a "buy" rating in a research report on Thursday, August 13th. Zacks Research raised shares of Cisco Systems from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, September 30th. Finally, Weiss Ratings restated a "buy (b)" rating on shares of Cisco Systems in a report on Wednesday, August 26th. Three analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and seven have issued a Hold rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $128.52.

Key Headlines Impacting Cisco Systems

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

• Positive Sentiment: Analysts argue that Cisco’s networking equipment, security products and software could benefit as enterprises and data centers continue expanding AI infrastructure. Cisco’s established customer base and cash generation may provide an advantage as spending broadens beyond chips to networking, power and cooling. Is Networking Demand Anchoring Cash-Rich Cisco Systems?
• Positive Sentiment: Cisco’s Splunk business highlighted growing demand for observability tools as AI agents create unpredictable workloads, telemetry expenses and software bills. Monitoring agent performance and controlling waste could support recurring software demand and strengthen Cisco’s AI-related growth narrative. Splunk State of Observability 2026
• Positive Sentiment: World Wide Technology earned Cisco’s Secure AI Infrastructure Specialization, providing evidence of partner adoption for Cisco’s security and AI infrastructure offerings. World Wide Technology Achieves Cisco Secure AI Infrastructure Specialization
• Positive Sentiment: Strategist Tom Lee cited Cisco’s 1990s rally as a precedent for buying an AI-related pullback, reinforcing the view that the current AI investment cycle could have several years to run. Strategist Tom Lee Says He’s Buying the AI Stock Dip
• Neutral Sentiment: Commentary suggests Cisco could help customers reduce the unpredictable operating costs associated with AI agents, potentially creating demand for monitoring and optimization tools, although the opportunity remains dependent on enterprise adoption. Cisco Can Profit From Helping Customers Spend Less on AI?
• Negative Sentiment: Investors remain concerned that Arista Networks may have a more focused, margin-rich position in modern AI data-center networking. Cisco’s broader, legacy enterprise exposure could pressure growth and margins if it loses key design wins. Arista Networks Versus Cisco Systems

Cisco Systems Price Performance

CSCO stock opened at $107.26 on Thursday. The company has a market capitalization of $422.88 billion, a P/E ratio of 32.11, a price-to-earnings-growth ratio of 2.22 and a beta of 0.99. 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, Inc. has a 52-week low of $69.85 and a 52-week high of $130.37. The business has a 50-day simple moving average of $110.45 and a two-hundred day simple moving average of $109.70.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last issued its quarterly earnings data on Wednesday, August 12th. The network equipment provider reported $1.22 EPS for the quarter, topping the consensus estimate 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 in the prior year, the business posted $0.99 earnings per share. 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. Research analysts expect that Cisco Systems, Inc. will post 4.42 EPS for the current fiscal year.

Cisco Systems Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 21st. Investors of record on Friday, October 2nd were issued a dividend of $0.42 per share. The ex-dividend date was Friday, October 2nd. This represents a $1.68 annualized dividend and a yield of 1.6%. Cisco Systems's dividend 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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