Danica Pension Livsforsikringsaktieselskab Takes Position in Cisco Systems, Inc. $CSCO

Key Points

• Danica Pension opened a new position in Cisco Systems, buying 184,844 shares valued at about $14.3 million in the first quarter.
• Cisco reported strong quarterly results, with EPS of $1.06 beating estimates and revenue of $15.84 billion topping expectations, while also issuing upbeat FY 2026 guidance.
• Wall Street sentiment remains constructive: analysts collectively rate Cisco Moderate Buy, with several firms raising price targets to as high as $130.

Danica Pension Livsforsikringsaktieselskab bought a new position in shares of Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 184,844 shares of the network equipment provider's stock, valued at approximately $14,342,000.

A number of other hedge funds have also added to or reduced their stakes in the business. MidAtlantic Capital Management Inc. bought a new stake in shares of Cisco Systems in the 4th quarter valued at $25,000. Intesa Sanpaolo Wealth Management bought a new position in Cisco Systems during the fourth quarter worth $25,000. Networth Advisors LLC boosted its stake in 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 acquired a new stake in Cisco Systems in the first quarter worth $27,000. Finally, Manning & Napier Advisors LLC grew its holdings in 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 purchasing an additional 200 shares during the period. 73.33% of the stock is currently owned by institutional investors.

Cisco Systems Stock Performance

CSCO opened at $112.18 on Wednesday. Cisco Systems, Inc. has a 1-year low of $65.75 and a 1-year high of $130.37. The company has a market cap of $442.15 billion, a price-to-earnings ratio of 36.42, a PEG ratio of 2.82 and a beta of 1.02. The company's fifty day moving average price is $117.89 and its two-hundred day moving average price is $93.92. The company has a current ratio of 0.92, a quick ratio of 0.81 and a debt-to-equity ratio of 0.40.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last issued its quarterly earnings data on Wednesday, May 13th. The network equipment provider reported $1.06 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.03 by $0.03. Cisco Systems had a net margin of 20.14% and a return on equity of 28.44%. The firm had revenue of $15.84 billion during the quarter, compared to analysts' expectations of $15.56 billion. During the same period last year, the company earned $0.96 earnings per share. The business's revenue was up 12.0% on a year-over-year basis. Cisco Systems has set its Q4 2026 guidance at 1.160-1.180 EPS and its FY 2026 guidance at 4.270-4.290 EPS. On average, analysts expect that Cisco Systems, Inc. will post 3.54 EPS for the current fiscal year.

Cisco Systems Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 22nd. Shareholders of record on Monday, July 6th will be issued a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend is Monday, July 6th. Cisco Systems's payout ratio is currently 54.55%.

Trending Headlines about Cisco Systems

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

• Positive Sentiment: Wall Street sentiment remains constructive, with one report noting Cisco’s average analyst recommendation is still “Moderate Buy,” and another saying Wall Street Zen upgraded the stock to “Buy.” Cisco Systems, Inc. NASDAQ: CSCO Given Average Recommendation of "Moderate Buy" by Analysts
• Positive Sentiment: Investors are also focusing on Cisco’s AI-networking potential, including coverage asking whether the company can lead the AI network boom and highlighting Cisco’s quantum networking tests plus a new AI contact-center partnership for Webex. Can Cisco Systems NASDAQ: CSCO Lead the AI Network Boom?
• Positive Sentiment: Some market commentary remains bullish, including a price-prediction piece arguing Cisco could continue to benefit from its growing AI infrastructure exposure and recent order momentum. Price Prediction: Cisco Stock Will Double on This Date
• Neutral Sentiment: Cisco has also been a heavily discussed/trending stock, which can support trading interest but does not by itself change fundamentals. 3 Reasons to Sell CSCO and 1 Stock to Buy Instead
• Negative Sentiment: One article framed Cisco as overextended after a strong six-month rally, suggesting some investors may be taking profits after a big run-up in the stock. 3 Reasons to Sell CSCO and 1 Stock to Buy Instead
• Negative Sentiment: Short-term trading has been choppy, with a recent report noting Cisco underperformed the broader market in the latest session and another saying the stock dipped amid speculation about a possible Zafran Security acquisition. Cisco Systems (CSCO) Sees a More Significant Dip Than Broader Market: Some Facts to Know

Insider Transactions at Cisco Systems

In other news, insider Jeetendra I. Patel sold 7,169 shares of the firm's stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $117.28, for a total value of $840,780.32. Following the transaction, the insider owned 246,737 shares in the company, valued at $28,937,315.36. This trade represents a 2.82% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Thimaya K. Subaiya sold 7,127 shares of Cisco Systems stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $119.91, for a total value of $854,598.57. Following the transaction, the executive vice president directly owned 140,857 shares in the company, valued at approximately $16,890,162.87. The trade was a 4.82% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 47,650 shares of company stock valued at $5,668,823. Corporate insiders own 0.01% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the stock. The Goldman Sachs Group upped their price objective on shares of Cisco Systems from $116.00 to $125.00 and gave the company a "neutral" rating in a report on Wednesday, June 3rd. Barclays raised their target price on Cisco Systems from $76.00 to $121.00 and gave the company an "equal weight" rating in a research note on Thursday, May 14th. CICC Research boosted their target price on Cisco Systems from $96.00 to $125.00 and gave the company an "outperform" rating in a research report on Monday, May 18th. Citic Securities upped their price target on Cisco Systems from $90.00 to $130.00 in a research note on Friday, May 15th. Finally, KeyCorp increased their price target on Cisco Systems from $125.00 to $130.00 and gave the stock an "overweight" rating in a report on Thursday, June 25th. Three analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have given a Hold rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $123.14.

About Cisco Systems

Cisco Systems, Inc is a global technology company that designs, manufactures and sells networking hardware, software and telecommunications equipment. Its core business focuses on enabling enterprise and service-provider networks through products such as routers, switches, network security appliances and wireless systems. Over time Cisco has broadened its portfolio to emphasize software-defined networking, cybersecurity, cloud infrastructure and edge computing solutions that help organizations build and manage modern IT environments.

In addition to hardware, Cisco offers a growing range of software platforms and subscription services for network management, security, analytics and collaboration.

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