Glenview Trust Co Has $32.42 Million Stock Position in Cisco Systems, Inc. $CSCO

Key Points

• Glenview Trust Co cut its Cisco Systems stake by 4.3% in the fourth quarter, but still held 420,921 shares worth about $32.4 million at quarter-end.
• Cisco reported better-than-expected quarterly results, with EPS of $1.06 on revenue of $15.84 billion, and issued upbeat guidance for both Q4 2026 and FY 2026.
• Wall Street sentiment remains constructive, with several analysts raising price targets and Cisco’s stock now carrying a Moderate Buy consensus; however, recent insider selling could temper some enthusiasm.

Glenview Trust Co trimmed its position in Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 4.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 420,921 shares of the network equipment provider's stock after selling 18,776 shares during the quarter. Glenview Trust Co's holdings in Cisco Systems were worth $32,424,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in CSCO. Brighton Jones LLC boosted its holdings in shares of Cisco Systems by 49.5% in the fourth quarter. Brighton Jones LLC now owns 74,187 shares of the network equipment provider's stock worth $4,392,000 after buying an additional 24,562 shares during the period. Revolve Wealth Partners LLC boosted its holdings in shares of Cisco Systems by 37.0% in the fourth quarter. Revolve Wealth Partners LLC now owns 9,156 shares of the network equipment provider's stock worth $542,000 after buying an additional 2,474 shares during the period. Sivia Capital Partners LLC boosted its holdings in shares of Cisco Systems by 7.5% in the second quarter. Sivia Capital Partners LLC now owns 10,178 shares of the network equipment provider's stock worth $706,000 after buying an additional 712 shares during the period. Schnieders Capital Management LLC. boosted its holdings in shares of Cisco Systems by 3.9% in the second quarter. Schnieders Capital Management LLC. now owns 13,974 shares of the network equipment provider's stock worth $969,000 after buying an additional 519 shares during the period. Finally, Marshall Wace LLP boosted its holdings in shares of Cisco Systems by 118.1% in the second quarter. Marshall Wace LLP now owns 90,650 shares of the network equipment provider's stock worth $6,289,000 after buying an additional 590,650 shares during the period. 73.33% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, insider Jeetendra I. Patel sold 7,169 shares of the firm's stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $117.28, for a total transaction of $840,780.32. Following the transaction, the insider owned 246,737 shares of the company's stock, valued at approximately $28,937,315.36. This trade represents a 2.82% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Oliver Tuszik sold 3,132 shares of the firm's stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $79.74, for a total transaction of $249,745.68. Following the transaction, the executive vice president directly owned 188,613 shares in the company, valued at approximately $15,040,000.62. The trade was a 1.63% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 32,103 shares of company stock valued at $3,160,587. 0.01% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several brokerages have commented on CSCO. JPMorgan Chase & Co. raised their target price on shares of Cisco Systems from $95.00 to $96.00 in a report on Monday, May 11th. UBS Group increased their price target on shares of Cisco Systems from $95.00 to $132.00 and gave the stock a "buy" rating in a research report on Thursday, May 14th. Argus increased their price target on shares of Cisco Systems from $100.00 to $150.00 and gave the stock a "buy" rating in a research report on Tuesday, May 19th. HSBC raised shares of Cisco Systems from a "hold" rating to a "buy" rating and increased their price target for the stock from $77.00 to $137.00 in a research report on Friday, May 15th. Finally, Wells Fargo & Company increased their price target on shares of Cisco Systems from $95.00 to $130.00 and gave the stock an "overweight" rating in a research report on Thursday, May 14th. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eight have assigned a Hold rating to the company's stock. According to MarketBeat, Cisco Systems has an average rating of "Moderate Buy" and an average price target of $118.14.

Cisco Systems Price Performance

NASDAQ CSCO opened at $120.41 on Monday. The company has a 50 day simple moving average of $89.34 and a 200-day simple moving average of $81.57. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.92 and a quick ratio of 0.81. The firm has a market capitalization of $474.59 billion, a price-to-earnings ratio of 39.09, a price-to-earnings-growth ratio of 3.66 and a beta of 0.92. Cisco Systems, Inc. has a 52-week low of $62.30 and a 52-week high of $120.79.

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 for the quarter, beating the consensus estimate of $1.03 by $0.03. The firm had revenue of $15.84 billion for the quarter, compared to analyst estimates of $15.56 billion. Cisco Systems had a net margin of 20.14% and a return on equity of 28.44%. The company's revenue for the quarter was up 12.0% on a year-over-year basis. During the same quarter last year, the firm earned $0.96 earnings per share. 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. Equities research analysts predict that Cisco Systems, Inc. will post 3.44 earnings per share for the current fiscal year.

Cisco Systems Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 22nd. Investors of record on Monday, July 6th will be given a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Monday, July 6th. Cisco Systems's dividend payout ratio (DPR) is presently 54.55%.

Trending Headlines about Cisco Systems

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

• Positive Sentiment: Cisco is being viewed as an AI networking winner, with multiple reports citing surging hyperscaler orders and stronger campus upgrade activity that could support revenue growth and the company’s AI outlook. Cisco Gains From AI Networking Boom : More Upside Ahead?
• Positive Sentiment: Another bullish article said Cisco has climbed sharply over the past month because investors are rewarding its exposure to AI networking demand, even though margin pressure remains a concern. Cisco Rises 33% in a Month: Here's Why You Should Buy the Stock
• Positive Sentiment: Coverage also emphasized Cisco’s strong recent financial results, pointing to solid top- and bottom-line growth that reinforces its role as a core tech holding for long-term investors. Impressive Financial Results Assert Cisco Systems, Inc. (CSCO) as a Top Tech Stock in Ken Fisher’s Portfolio
• Neutral Sentiment: Wall Street commentary remained broadly constructive, with articles noting bullish analyst views on Cisco, but these pieces did not add a new catalyst beyond reinforcing existing optimism. Should You Invest in Cisco (CSCO) Based on Bullish Wall Street Views?
• Neutral Sentiment: Cisco was also mentioned as part of a broader AI optics alliance focused on standardizing optical connectivity for AI infrastructure, which supports the company’s strategic positioning but is not a direct company-specific development. 3M Joins AI Optics Alliance As Shares Screen Undervalued
• Negative Sentiment: Recent insider selling by a Cisco executive could create some caution, even though it is not necessarily a sign of deteriorating fundamentals. Cisco Systems NASDAQ: CSCO EVP Sells $772,603.66 in Stock
• Negative Sentiment: Another report flagged additional insider selling, which may weigh on sentiment at the margin after the stock’s recent strong run. Insider Selling: Cisco Systems NASDAQ: CSCO Insider Sells $840,780.32 in Stock

Cisco Systems Profile

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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