Family Legacy Inc. Invests $3.83 Million in Cisco Systems, Inc. $CSCO

Key Points

• Family Legacy Inc. purchased 32,613 Cisco shares during the second quarter, valued at approximately $3.83 million. Institutional investors collectively own 73.33% of Cisco’s outstanding stock.
• Cisco exceeded quarterly expectations with $1.22 in EPS and $17.25 billion in revenue, representing 17.6% year-over-year growth. Management issued fiscal 2027 EPS guidance of $5.05–$5.11, while analysts maintain a “Moderate Buy” consensus and a $129.43 target price.
• The company declared a quarterly dividend of $0.42 per share, equivalent to an annualized $1.68 dividend and a 1.5% yield. Shares opened at $111.68, down 1.6%, amid concerns over elevated valuation and potential margin pressure from lower-margin AI infrastructure hardware.

Family Legacy Inc. bought a new stake in Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 32,613 shares of the network equipment provider's stock, valued at approximately $3,831,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Intesa Sanpaolo Wealth Management purchased a new position in shares of Cisco Systems during the 4th quarter valued at about $25,000. MidAtlantic Capital Management Inc. purchased a new stake in shares of Cisco Systems in the fourth quarter worth about $25,000. Networth Advisors LLC raised 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 valued at $26,000 after acquiring an additional 246 shares in the last quarter. Manning & Napier Advisors LLC lifted 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 valued at $27,000 after acquiring an additional 200 shares during the period. Finally, Financial Life Planners purchased a new stake in Cisco Systems in the 1st quarter worth approximately $27,000. Institutional investors and hedge funds own 73.33% of the company's stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on the stock. Zacks Research cut shares of Cisco Systems from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, August 4th. New Street Research increased their target price on shares of Cisco Systems from $82.00 to $122.00 and gave the stock a "neutral" rating in a research note on Thursday, May 14th. Wells Fargo & Company raised their target price on Cisco Systems from $130.00 to $150.00 and gave the company an "overweight" rating in a research report on Thursday. KeyCorp increased their price target on Cisco Systems from $130.00 to $135.00 and gave the stock an "overweight" rating in a research report on Thursday. Finally, The Goldman Sachs Group boosted their price objective on Cisco Systems from $116.00 to $125.00 and gave the company a "neutral" rating in a research report on Wednesday, June 3rd. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat, Cisco Systems has an average rating of "Moderate Buy" and a consensus target price of $129.43.

Cisco Systems Stock Down 1.6%

CSCO opened at $111.68 on Friday. Cisco Systems, Inc. has a twelve month low of $65.75 and a twelve month high of $130.37. The company has a quick ratio of 0.81, a current ratio of 0.93 and a debt-to-equity ratio of 0.39. The company has a 50-day moving average price of $117.03 and a 200 day moving average price of $99.09. The company has a market cap of $440.18 billion, a PE ratio of 33.44, a price-to-earnings-growth ratio of 2.52 and a beta of 1.02.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last posted its quarterly earnings data on Wednesday, August 12th. The network equipment provider reported $1.22 earnings per share (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 company had revenue of $17.25 billion for the quarter, compared to analysts' expectations of $16.84 billion. During the same period in the previous year, the firm posted $0.99 EPS. Cisco Systems's 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. Sell-side analysts expect that Cisco Systems, Inc. will post 4.09 earnings per share for the current fiscal year.

Cisco Systems Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 21st. Stockholders of record on Friday, October 2nd will be paid a $0.42 dividend. The ex-dividend date of this dividend is Friday, October 2nd. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.5%. Cisco Systems's payout ratio is currently 50.30%.

Insider Buying and Selling

In related news, EVP Oliver Tuszik sold 2,607 shares of the stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $121.12, for a total value of $315,759.84. Following the completion of the transaction, the executive vice president directly owned 172,727 shares of the company's stock, valued at approximately $20,920,694.24. This represents a 1.49% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Thimaya K. Subaiya sold 7,127 shares of the firm's stock in a transaction 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 completion of the transaction, the executive vice president owned 140,857 shares in the company, valued at $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 31,134 shares of company stock worth $3,739,000. 0.01% of the stock is owned by corporate insiders.

Key Headlines Impacting Cisco Systems

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

• Positive Sentiment: AI demand is accelerating. Cisco reported fiscal Q4 revenue of approximately $17.3 billion, up 18% year over year, and adjusted EPS of $1.22 versus the $1.17 consensus estimate. AI infrastructure orders increased 4.5 times to $9.3 billion for fiscal 2026, while management expects approximately $7.5 billion of hyperscaler AI infrastructure revenue in fiscal 2027. Chuck Robbins Says AI Is Fueling a Networking Supercycle
• Positive Sentiment: Fiscal 2027 guidance exceeded expectations. Management forecast roughly 15% revenue growth, supported by hyperscaler spending, data-center switching and broader networking upgrades. Several firms—including UBS, Truist, Wells Fargo, KeyCorp, Morgan Stanley and Rosenblatt—raised their price targets and maintained bullish ratings, suggesting long-term upside if the AI networking cycle continues. Cisco Just Gave Investors Three Big Reasons to Be Bullish
• Neutral Sentiment: The market is demanding faster growth. Despite the earnings beat and upbeat outlook, Cisco’s shares have decreased because expectations were already elevated after a substantial rally. Investors are questioning whether the company’s AI momentum can remain strong beyond the current infrastructure buildout and whether Cisco’s premium valuation is justified. Cisco Shares Slide Despite Earnings Beat and Strong Guidance
• Negative Sentiment: Margin pressure is the primary concern. AI infrastructure growth is arriving mainly through lower-margin hardware, creating mix-related gross-margin compression and raising questions about how profitably Cisco can scale orders. HSBC downgraded CSCO to Hold from Buy and reduced its price target to $120 from $137, citing a lack of near-term catalysts even after the strong quarter. Cisco Beat on Every Line, Then Fell on What AI Costs to Ship

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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