EverSource Wealth Advisors LLC Has $3.18 Million Holdings in Cisco Systems, Inc. $CSCO

Key Points

• EverSource Wealth Advisors increased its Cisco stake by 44.8% in the first quarter, bringing its holdings to 41,023 shares valued at approximately $3.18 million. Institutional investors collectively own 73.33% of Cisco’s stock.
• Cisco reported quarterly earnings and revenue above analyst expectations, with EPS of $1.06 and revenue of $15.84 billion, up 12% year over year. The company also maintained a quarterly dividend of $0.42 per share, or a 1.5% annualized yield.
• Analyst sentiment remains broadly positive, with a consensus “Moderate Buy” rating and an average price target of $123.14, although a recent downgrade to “Hold,” insider selling, and technology-sector volatility present countervailing risks.

EverSource Wealth Advisors LLC increased its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 44.8% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 41,023 shares of the network equipment provider's stock after acquiring an additional 12,700 shares during the quarter. EverSource Wealth Advisors LLC's holdings in Cisco Systems were worth $3,183,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Intesa Sanpaolo Wealth Management bought a new stake in shares of Cisco Systems during the 4th quarter valued at $25,000. MidAtlantic Capital Management Inc. acquired a new position in Cisco Systems in the fourth quarter valued at about $25,000. Networth Advisors LLC lifted its position 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 purchasing an additional 246 shares during the period. Manning & Napier Advisors LLC grew its stake in Cisco Systems by 137.0% during the first quarter. Manning & Napier Advisors LLC now owns 346 shares of the network equipment provider's stock worth $27,000 after buying an additional 200 shares in the last quarter. Finally, Financial Life Planners bought a new position in Cisco Systems in the 1st quarter valued at about $27,000. Institutional investors own 73.33% of the company's stock.

Cisco Systems News Roundup

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

• Positive Sentiment: Coverage highlights Cisco’s AI-related cloud demand and enterprise digital-transformation exposure, identifying CSCO alongside Alphabet and Cloudflare as a cloud-computing stock benefiting from increased AI infrastructure spending. 3 Top Cloud Computing Stocks Worth Buying Before August
• Positive Sentiment: An analysis of Cisco’s new AI and quantum-safe security alliances suggests the partnerships could strengthen the company’s cybersecurity positioning and support a more growth-oriented investment narrative over time. Did Cisco’s New AI and Quantum-Safe Security Alliances Just Shift Cisco Systems’ Investment Narrative?
• Neutral Sentiment: Market commentary argues that the semiconductor selloff may be temporary and that investor sentiment could stabilize within days, but it also revives concerns about the volatility of technology stocks. As Semis Sell Off, Rattled Investors Should Heed Last Millennium’s Lesson From Cisco Systems
• Negative Sentiment: Networking-industry coverage points to ongoing headwinds, while a Wall Street Zen downgrade to “Hold” likely reduced enthusiasm among some investors. Wall Street Zen Downgrades Cisco Systems to Hold
• Negative Sentiment: Cisco underperformed the broader market in the latest trading session, reflecting pressure across semiconductors and technology stocks. With a valuation near 34 times earnings, investors may be particularly sensitive to sector weakness and concerns about whether AI-driven growth can justify the premium.

Cisco Systems Stock Performance

NASDAQ CSCO opened at $112.44 on Thursday. The firm's fifty day moving average price is $117.84 and its two-hundred day moving average price is $95.53. The stock has a market cap of $443.17 billion, a PE ratio of 36.51, a PEG ratio of 2.94 and a beta of 1.02. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.81 and a current ratio of 0.92. Cisco Systems, Inc. has a fifty-two week low of $65.75 and a fifty-two week high of $130.37.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last released its quarterly earnings data on Wednesday, May 13th. The network equipment provider reported $1.06 earnings per share for the quarter, beating the consensus estimate of $1.03 by $0.03. The company had revenue of $15.84 billion for the quarter, compared to the consensus estimate of $15.56 billion. Cisco Systems had a return on equity of 28.44% and a net margin of 20.14%.Cisco Systems's revenue for the quarter was up 12.0% on a year-over-year basis. During the same quarter last year, the business posted $0.96 EPS. 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, equities analysts expect that Cisco Systems, Inc. will post 3.54 EPS for the current fiscal year.

Cisco Systems Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 22nd. Investors of record on Monday, July 6th were given a dividend of $0.42 per share. The ex-dividend date was Monday, July 6th. This represents a $1.68 annualized dividend and a yield of 1.5%. Cisco Systems's dividend payout ratio (DPR) is currently 54.55%.

Insider Activity

In other Cisco Systems news, insider Jeetendra I. Patel sold 7,169 shares of the company's stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $117.28, for a total value of $840,780.32. Following the sale, the insider owned 246,737 shares in the company, valued at approximately $28,937,315.36. The trade was a 2.82% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Thimaya K. Subaiya sold 7,127 shares of the stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $119.91, for a total value of $854,598.57. Following the completion of the sale, the executive vice president directly owned 140,857 shares of the company's stock, 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 ninety days, insiders sold 47,650 shares of company stock worth $5,668,823. Company insiders own 0.01% of the company's stock.

Analysts Set New Price Targets

Several brokerages have recently commented on CSCO. Zacks Research upgraded shares of Cisco Systems from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, June 30th. HSBC raised shares of Cisco Systems from a "hold" rating to a "buy" rating and lifted their price objective for the company from $77.00 to $137.00 in a research note on Friday, May 15th. New Street Research upped their target price on Cisco Systems from $82.00 to $122.00 and gave the stock a "neutral" rating in a research note on Thursday, May 14th. CICC Research raised their target price on Cisco Systems from $96.00 to $125.00 and gave the company an "outperform" rating in a report on Monday, May 18th. Finally, Wall Street Zen lowered Cisco Systems from a "buy" rating to a "hold" rating in a research note on Tuesday. Three equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, Cisco Systems presently has a consensus rating of "Moderate Buy" and a consensus target price 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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