DekaBank Deutsche Girozentrale Grows Position in Cisco Systems, Inc. $CSCO

Key Points

• DekaBank Deutsche Girozentrale increased its stake in Cisco Systems by 0.2%, owning 8,586,581 shares worth approximately $590.98 million, making Cisco its 13th largest holding.
• Several institutional investors, including Brighton Jones LLC and Revolve Wealth Partners LLC, significantly boosted their investments in Cisco Systems during the previous quarters, indicating strong institutional interest.
• Cisco reported earnings of $0.99 per share for the last quarter, surpassing expectations, and also declared a quarterly dividend of $0.41, contributing to an annualized yield of 2.3%.

DekaBank Deutsche Girozentrale boosted its stake in Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 0.2% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 8,586,581 shares of the network equipment provider's stock after buying an additional 15,603 shares during the quarter. Cisco Systems makes up 1.1% of DekaBank Deutsche Girozentrale's investment portfolio, making the stock its 13th largest holding. DekaBank Deutsche Girozentrale owned 0.22% of Cisco Systems worth $590,978,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of CSCO. Brighton Jones LLC grew its stake in Cisco Systems by 49.5% in the 4th quarter. Brighton Jones LLC now owns 74,187 shares of the network equipment provider's stock valued at $4,392,000 after purchasing an additional 24,562 shares during the period. Revolve Wealth Partners LLC increased its position in shares of Cisco Systems by 37.0% during the 4th quarter. Revolve Wealth Partners LLC now owns 9,156 shares of the network equipment provider's stock valued at $542,000 after purchasing an additional 2,474 shares during the last quarter. GAMMA Investing LLC increased its position in shares of Cisco Systems by 16.6% during the 1st quarter. GAMMA Investing LLC now owns 108,871 shares of the network equipment provider's stock valued at $6,718,000 after purchasing an additional 15,514 shares during the last quarter. ORG Partners LLC increased its position in shares of Cisco Systems by 18.9% during the 1st quarter. ORG Partners LLC now owns 1,693 shares of the network equipment provider's stock valued at $105,000 after purchasing an additional 269 shares during the last quarter. Finally, Advisor Resource Council purchased a new stake in shares of Cisco Systems during the 1st quarter valued at $1,009,000. 73.33% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

CSCO has been the subject of several research analyst reports. KeyCorp initiated coverage on Cisco Systems in a research report on Thursday, June 26th. They set an "overweight" rating and a $77.00 target price for the company. CICC Research assumed coverage on Cisco Systems in a research note on Monday, July 14th. They set an "outperform" rating and a $78.00 price target for the company. JPMorgan Chase & Co. increased their price target on Cisco Systems from $73.00 to $78.00 and gave the stock an "overweight" rating in a research note on Thursday, July 17th. Morgan Stanley increased their price target on Cisco Systems from $73.00 to $77.00 and gave the stock an "overweight" rating in a research note on Friday, October 10th. Finally, Barclays increased their price target on Cisco Systems from $66.00 to $71.00 and gave the stock an "equal weight" rating in a research note on Thursday, August 14th. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $74.72.

Cisco Systems Stock Performance

Shares of CSCO opened at $70.13 on Monday. The stock's 50-day simple moving average is $68.20 and its 200 day simple moving average is $65.19. The stock has a market capitalization of $277.24 billion, a price-to-earnings ratio of 26.77, a price-to-earnings-growth ratio of 2.95 and a beta of 0.97. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.91 and a current ratio of 1.00. Cisco Systems, Inc. has a 52-week low of $52.11 and a 52-week high of $72.55.

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

Cisco Systems Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 22nd. Shareholders of record on Friday, October 3rd will be issued a $0.41 dividend. The ex-dividend date of this dividend is Friday, October 3rd. This represents a $1.64 annualized dividend and a dividend yield of 2.3%. Cisco Systems's dividend payout ratio (DPR) is presently 62.60%.

Insider Transactions at Cisco Systems

In related news, EVP Deborah L. Stahlkopf sold 2,718 shares of the firm's stock in a transaction dated Thursday, September 11th. The stock was sold at an average price of $68.08, for a total transaction of $185,041.44. Following the transaction, the executive vice president directly owned 157,184 shares of the company's stock, valued at approximately $10,701,086.72. This trade represents a 1.70% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Charles Robbins sold 30,557 shares of the firm's stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $66.63, for a total value of $2,036,012.91. Following the transaction, the chief executive officer directly owned 639,000 shares in the company, valued at approximately $42,576,570. This represents a 4.56% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 82,965 shares of company stock worth $5,559,996. 0.01% of the stock is owned by insiders.

Cisco Systems 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.

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