Healthcare of Ontario Pension Plan Trust Fund Buys 1,623,029 Shares of Cisco Systems, Inc. $CSCO

Key Points

• Healthcare of Ontario Pension Plan Trust Fund boosted its Cisco stake by 125.3% in Q4, buying 1.62 million additional shares and bringing its total holdings to 2.92 million shares worth about $224.8 million.
• Cisco’s latest quarterly results beat expectations, with EPS of $1.06 and revenue of $15.84 billion, while the company also raised guidance for Q4 2026 and FY 2026.
• The stock has been supported by bullish analyst action and AI-security initiatives, including Morgan Stanley’s higher price target, even as some executives recently sold shares under pre-arranged trading plans.

Healthcare of Ontario Pension Plan Trust Fund lifted its stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 125.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 2,918,067 shares of the network equipment provider's stock after purchasing an additional 1,623,029 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund owned 0.07% of Cisco Systems worth $224,779,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. World Investment Advisors grew its position in Cisco Systems by 15.4% during the fourth quarter. World Investment Advisors now owns 198,549 shares of the network equipment provider's stock worth $13,905,000 after buying an additional 26,455 shares in the last quarter. WCG Wealth Advisors LLC grew its position in Cisco Systems by 101.8% during the fourth quarter. WCG Wealth Advisors LLC now owns 107,306 shares of the network equipment provider's stock worth $8,266,000 after buying an additional 54,141 shares in the last quarter. Vise Technologies Inc. grew its position in Cisco Systems by 47.1% during the fourth quarter. Vise Technologies Inc. now owns 200,341 shares of the network equipment provider's stock worth $15,432,000 after buying an additional 64,144 shares in the last quarter. Truist Financial Corp grew its position in Cisco Systems by 6.8% during the fourth quarter. Truist Financial Corp now owns 4,311,098 shares of the network equipment provider's stock worth $332,084,000 after buying an additional 275,456 shares in the last quarter. Finally, Principal Financial Group Inc. grew its position in Cisco Systems by 3.2% during the fourth quarter. Principal Financial Group Inc. now owns 4,873,274 shares of the network equipment provider's stock worth $375,388,000 after buying an additional 151,395 shares in the last quarter. 73.33% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, CEO Charles Robbins sold 21,400 shares of the business's stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $120.03, for a total value of $2,568,642.00. Following the completion of the sale, the chief executive officer owned 637,085 shares of the company's stock, valued at approximately $76,469,312.55. The trade was a 3.25% decrease in their position. The transaction was disclosed in a legal 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 Oliver Tuszik sold 2,607 shares of the business's stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $121.12, for a total value of $315,759.84. Following the completion of the sale, the executive vice president directly owned 172,727 shares of the company's stock, valued at approximately $20,920,694.24. This trade represents a 1.49% 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. In the last 90 days, insiders sold 51,636 shares of company stock worth $5,698,459. Insiders own 0.01% of the company's stock.

Cisco Systems Price Performance

CSCO opened at $121.10 on Friday. The stock has a 50-day moving average price of $102.28 and a 200-day moving average price of $86.50. Cisco Systems, Inc. has a 12-month low of $63.93 and a 12-month high of $130.37. The company has a current ratio of 0.92, a quick ratio of 0.81 and a debt-to-equity ratio of 0.40. The stock has a market capitalization of $477.31 billion, a P/E ratio of 39.32, a PEG ratio of 3.09 and a beta of 1.01.

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

Cisco Systems Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 22nd. Stockholders of record on Monday, July 6th will be paid a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Monday, July 6th. Cisco Systems's payout ratio is 54.55%.

Key Headlines Impacting Cisco Systems

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

• Positive Sentiment: Cisco expanded its AI agentic security portfolio, adding Zero Trust Access for agents and new partnerships aimed at meeting rising enterprise demand for AI protection. Cisco Expands AI Agentic Security Portfolio: What's Ahead in 2026?
• Positive Sentiment: The company also unveiled broader AI security and quantum-safe initiatives, including Cloud Control and Live Protect, reinforcing the view that Cisco is well positioned for secure AI infrastructure spending. Cisco AI Security Push And Quantum Plans Test Investor Expectations
• Positive Sentiment: Morgan Stanley raised its price target on Cisco to $130 from $120 and kept an overweight rating, signaling confidence in further upside. Morgan Stanley price target note
• Positive Sentiment: Technical commentary says Cisco broke above its 20-day moving average, which traders often view as a short-term bullish signal. Cisco Systems (CSCO) Recently Broke Out Above the 20-Day Moving Average
• Neutral Sentiment: Investor and media attention remains elevated, with Cisco among the most searched stocks on Zacks, reflecting continued interest in the name. Investors Heavily Search Cisco Systems, Inc. (CSCO): Here is What You Need to Know
• Negative Sentiment: EVP Oliver Tuszik sold 2,607 shares in a pre-arranged 10b5-1 transaction, a routine insider sale that may modestly pressure sentiment. SEC Form 4 filing

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on CSCO shares. Citic Securities upped their price objective on Cisco Systems from $90.00 to $130.00 in a report on Friday, May 15th. Zacks Research cut Cisco Systems from a "strong-buy" rating to a "hold" rating in a report on Monday, April 13th. Bank of America upped their price objective on Cisco Systems from $135.00 to $150.00 and gave the stock a "buy" rating in a report on Monday, June 8th. Citigroup upped their price objective on Cisco Systems from $90.00 to $112.00 and gave the stock a "buy" rating in a report on Thursday, May 14th. Finally, Morgan Stanley upped their price objective on Cisco Systems from $120.00 to $130.00 and gave the stock an "overweight" rating in a report on Friday. Two research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $120.64.

Cisco Systems Company 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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