Czech National Bank Has $67.47 Million Stock Holdings in Cisco Systems, Inc. $CSCO

Key Points

• The **Czech National Bank** increased its stake in **Cisco Systems** by **6.3%**, adding **57,658 shares** to reach a total of **972,436 shares**, valued at **$67.47 million**.
• Cisco reported a quarterly **earnings per share** of **$0.99**, exceeding analysts' estimates, with **revenue** of **$14.67 billion**, up **7.6%** year-over-year.
• The company has announced a **quarterly dividend** of **$0.41**, providing an annual yield of **2.4%**, with payment scheduled for **October 22nd**.

Czech National Bank lifted its holdings in Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 6.3% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 972,436 shares of the network equipment provider's stock after purchasing an additional 57,658 shares during the quarter. Cisco Systems comprises 0.5% of Czech National Bank's holdings, making the stock its 28th biggest position. Czech National Bank's holdings in Cisco Systems were worth $67,468,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of CSCO. Kornitzer Capital Management Inc. KS boosted its position in Cisco Systems by 0.7% during the 1st quarter. Kornitzer Capital Management Inc. KS now owns 892,064 shares of the network equipment provider's stock worth $55,049,000 after acquiring an additional 6,501 shares during the last quarter. Golden State Wealth Management LLC boosted its position in Cisco Systems by 10.8% during the 1st quarter. Golden State Wealth Management LLC now owns 6,298 shares of the network equipment provider's stock worth $389,000 after acquiring an additional 612 shares during the last quarter. Acadian Asset Management LLC boosted its position in Cisco Systems by 255.9% during the 1st quarter. Acadian Asset Management LLC now owns 7,819,547 shares of the network equipment provider's stock worth $482,509,000 after acquiring an additional 5,622,672 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in Cisco Systems by 28.9% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 4,037,909 shares of the network equipment provider's stock worth $249,180,000 after acquiring an additional 904,548 shares during the last quarter. Finally, IFP Advisors Inc boosted its position in Cisco Systems by 2.6% during the 1st quarter. IFP Advisors Inc now owns 111,510 shares of the network equipment provider's stock worth $6,882,000 after acquiring an additional 2,839 shares during the last quarter. 73.33% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on CSCO shares. Morgan Stanley upped their price target on Cisco Systems from $67.00 to $70.00 and gave the stock an "overweight" rating in a research report on Friday, July 18th. Wells Fargo & Company increased their price objective on Cisco Systems from $75.00 to $83.00 and gave the company an "overweight" rating in a report on Thursday, August 14th. Bank of America increased their price objective on Cisco Systems from $76.00 to $85.00 and gave the company a "buy" rating in a report on Thursday, August 14th. CICC Research began coverage on Cisco Systems in a report on Monday, July 14th. They issued an "outperform" rating and a $78.00 price objective for the company. Finally, Rosenblatt Securities reissued a "buy" rating and issued a $87.00 price objective on shares of Cisco Systems in a report on Thursday, August 14th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $74.53.

Cisco Systems Stock Performance

CSCO traded down $0.09 during trading hours on Tuesday, reaching $66.93. The company's stock had a trading volume of 18,016,486 shares, compared to its average volume of 15,422,826. Cisco Systems, Inc. has a 52 week low of $50.27 and a 52 week high of $72.55. The company's 50-day moving average is $68.17 and its 200-day moving average is $64.04. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.91 and a current ratio of 1.00. The firm has a market cap of $264.59 billion, a PE ratio of 25.55, a price-to-earnings-growth ratio of 2.82 and a beta of 0.99.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last posted its quarterly earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share for the quarter, beating analysts' consensus estimates of $0.98 by $0.01. The business had revenue of $14.67 billion for the quarter, compared to analysts' expectations of $14.63 billion. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The firm's revenue for the quarter was up 7.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.87 EPS. Cisco Systems has set its Q1 2026 guidance at 0.970-0.990 EPS. FY 2026 guidance at 4.000-4.060 EPS. On average, equities analysts forecast that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 22nd. Shareholders of record on Friday, October 3rd will be given a dividend of $0.41 per share. The ex-dividend date is Friday, October 3rd. This represents a $1.64 annualized dividend and a yield of 2.5%. Cisco Systems's dividend payout ratio (DPR) is presently 62.60%.

Insider Activity

In related news, EVP Deborah L. Stahlkopf sold 9,783 shares of the firm's stock in a transaction on Friday, August 15th. The stock was sold at an average price of $66.60, for a total value of $651,547.80. Following the transaction, the executive vice president owned 161,662 shares in the company, valued at approximately $10,766,689.20. This trade represents a 5.71% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Maria Victoria Wong sold 3,162 shares of the firm's stock in a transaction on Monday, August 25th. The stock was sold at an average price of $67.28, for a total value of $212,739.36. Following the completion of the transaction, the senior vice president owned 31,468 shares in the company, valued at $2,117,167.04. The trade was a 9.13% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 65,439 shares of company stock worth $4,369,104. Corporate insiders own 0.01% of the company's stock.

Cisco Systems Company Profile

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.