Intech Investment Management LLC Purchases 303,123 Shares of Cisco Systems, Inc. $CSCO

Key Points

• Intech Investment Management increased its Cisco Systems stake by 35.4% in the fourth quarter, buying 303,123 additional shares to bring its total to 1,158,891 shares worth about $89.3 million.
• Institutional ownership remains high, with 73.33% of Cisco shares held by institutional investors, while several other funds also added or initiated positions during the quarter.
• Cisco’s fundamentals and outlook remain solid: the company beat quarterly EPS and revenue estimates, raised guidance, and continues to draw bullish analyst attention with multiple price-target increases tied to AI infrastructure demand.

Intech Investment Management LLC raised its position in shares of Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 35.4% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,158,891 shares of the network equipment provider's stock after purchasing an additional 303,123 shares during the quarter. Cisco Systems accounts for about 0.8% of Intech Investment Management LLC's investment portfolio, making the stock its 16th biggest holding. Intech Investment Management LLC's holdings in Cisco Systems were worth $89,269,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Houlihan Financial Resource Group Ltd. bought a new stake in shares of Cisco Systems in the fourth quarter worth approximately $361,000. Godfrey Financial Associates Inc. bought a new stake in shares of Cisco Systems in the fourth quarter worth approximately $236,000. MidAtlantic Capital Management Inc. bought a new stake in shares of Cisco Systems in the fourth quarter worth approximately $25,000. Murphy & Mullick Capital Management Corp grew its stake in shares of Cisco Systems by 21.4% in the fourth quarter. Murphy & Mullick Capital Management Corp now owns 1,700 shares of the network equipment provider's stock worth $131,000 after acquiring an additional 300 shares during the period. Finally, Connecticut Capital Management Group LLC bought a new position in shares of Cisco Systems during the 4th quarter valued at $483,000. 73.33% of the stock is currently owned by institutional investors.

Insider Activity at Cisco Systems

In other Cisco Systems news, EVP Thimaya K. Subaiya sold 1,744 shares of the company's stock in a transaction that occurred on Thursday, March 12th. The shares were sold at an average price of $77.07, for a total value of $134,410.08. Following the completion of the transaction, the executive vice president directly owned 156,693 shares in the company, valued at $12,076,329.51. This represents a 1.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Deborah L. Stahlkopf sold 6,586 shares of the company's stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $117.31, for a total transaction of $772,603.66. Following the completion of the transaction, the executive vice president owned 177,223 shares of the company's stock, valued at approximately $20,790,030.13. The trade was a 3.58% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 51,324 shares of company stock valued at $5,559,834 in the last three months. Corporate insiders own 0.01% of the company's stock.

Cisco Systems Stock Performance

Shares of NASDAQ CSCO opened at $118.64 on Friday. The firm has a 50 day moving average of $92.59 and a 200 day moving average of $82.92. 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 firm has a market capitalization of $467.61 billion, a price-to-earnings ratio of 38.52, a price-to-earnings-growth ratio of 3.14 and a beta of 0.92. Cisco Systems, Inc. has a 12-month low of $62.30 and a 12-month high of $120.79.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last announced its earnings results on Wednesday, May 13th. The network equipment provider reported $1.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.03 by $0.03. The company had revenue of $15.84 billion during 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 firm's quarterly revenue was up 12.0% compared to the same quarter last year. During the same period in the previous year, the business posted $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. On average, research analysts anticipate that Cisco Systems, Inc. will post 3.44 earnings per share for the current year.

Cisco Systems Dividend Announcement

The firm also recently announced 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 is Monday, July 6th. Cisco Systems's payout ratio is 54.55%.

Analysts Set New Price Targets

CSCO has been the topic of several research analyst reports. Erste Group Bank cut Cisco Systems from a "buy" rating to a "hold" rating in a report on Wednesday, February 18th. DZ Bank raised Cisco Systems to a "strong-buy" rating in a report on Friday, February 13th. Piper Sandler increased their price target on Cisco Systems from $86.00 to $132.00 and gave the company a "neutral" rating in a report on Thursday, May 14th. Citigroup increased their price target on Cisco Systems from $90.00 to $112.00 and gave the company a "buy" rating in a report on Thursday, May 14th. Finally, UBS Group increased their price target on Cisco Systems from $95.00 to $132.00 and gave the company a "buy" rating in a report on Thursday, May 14th. Two research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eight have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, Cisco Systems presently has a consensus rating of "Moderate Buy" and an average target price of $119.09.

Trending Headlines about Cisco Systems

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

• Positive Sentiment: Bank of America raised its price target on Cisco to $135 from $114 and kept a Buy rating, citing stronger demand for networking gear tied to AI infrastructure spending. BofA raises Cisco, Ciena targets as AI optics boom accelerates
• Positive Sentiment: Rosenblatt also boosted its Cisco target to $150 from $100 after the latest earnings report, reinforcing confidence in the company’s results and guidance. Rosenblatt Raises its Price Target on Cisco Systems (CSCO)
• Positive Sentiment: Cisco is being positioned as a beneficiary of the AI buildout, with articles highlighting record results and momentum in networking demand. AI Buildout Fuels Record Results for These Companies
• Positive Sentiment: Qumulo and Cisco launched a CloudBridge architecture aimed at extending file workloads into the cloud, adding another AI/cloud infrastructure use case for Cisco’s platform. Qumulo and Cisco Deliver Industry-First CloudBridge Architecture...
• Positive Sentiment: New coverage suggests Cisco’s security revenue growth could accelerate as it links security to the AI infrastructure cycle, Splunk observability, and AI-agent defenses. Cisco's Security Revenue Growth Set to Pick Up: What's Ahead?
• Neutral Sentiment: Several momentum-focused articles are highlighting Cisco as a strong stock pick, but these are mostly commentary pieces rather than new fundamental developments. Are You Looking for a Top Momentum Pick? Why Cisco Systems (CSCO) is a Great Choice
• Neutral Sentiment: CEO Charles Robbins sold 21,400 shares under a pre-arranged 10b5-1 plan; the sale is worth noting, but it appears routine and not a major fundamental signal. SEC filing

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.