Knights of Columbus Asset Advisors LLC Has $21.41 Million Holdings in Cisco Systems, Inc. $CSCO

Key Points

• Knights of Columbus Asset Advisors increased its Cisco Systems stake by 7.5% in the fourth quarter, buying 19,345 more shares and bringing its total holding to 277,951 shares worth about $21.41 million.
• Cisco has recently seen a wave of bullish analyst action, with firms like KeyCorp and Evercore raising price targets sharply and maintaining positive ratings amid optimism around AI-related networking demand.
• The company reported better-than-expected quarterly earnings, topping EPS and revenue estimates, and also announced a quarterly dividend of $0.42 per share payable on July 22.

Knights of Columbus Asset Advisors LLC raised its stake in Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 7.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 277,951 shares of the network equipment provider's stock after buying an additional 19,345 shares during the quarter. Cisco Systems accounts for about 1.2% of Knights of Columbus Asset Advisors LLC's portfolio, making the stock its 13th largest position. Knights of Columbus Asset Advisors LLC's holdings in Cisco Systems were worth $21,411,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Smithfield Trust Co raised its holdings in Cisco Systems by 0.3% during the fourth quarter. Smithfield Trust Co now owns 33,666 shares of the network equipment provider's stock worth $2,596,000 after acquiring an additional 117 shares in the last quarter. Cairn Investment Group Inc. grew its stake in Cisco Systems by 0.5% in the fourth quarter. Cairn Investment Group Inc. now owns 24,146 shares of the network equipment provider's stock valued at $1,860,000 after purchasing an additional 130 shares in the last quarter. Juncture Wealth Strategies LLC grew its stake in Cisco Systems by 0.9% in the fourth quarter. Juncture Wealth Strategies LLC now owns 15,042 shares of the network equipment provider's stock valued at $1,159,000 after purchasing an additional 132 shares in the last quarter. Clearwater Capital Advisors LLC increased its position in shares of Cisco Systems by 2.5% during the 4th quarter. Clearwater Capital Advisors LLC now owns 5,407 shares of the network equipment provider's stock worth $417,000 after purchasing an additional 132 shares during the last quarter. Finally, Northstar Advisory Group LLC raised its stake in shares of Cisco Systems by 1.6% during the 4th quarter. Northstar Advisory Group LLC now owns 8,203 shares of the network equipment provider's stock worth $632,000 after purchasing an additional 133 shares in the last quarter. Institutional investors own 73.33% of the company's stock.

Analyst Upgrades and Downgrades

CSCO has been the subject of several analyst reports. Wall Street Zen cut shares of Cisco Systems from a "buy" rating to a "hold" rating in a research note on Saturday, March 14th. KeyCorp upped their price target on shares of Cisco Systems from $87.00 to $125.00 and gave the stock an "overweight" rating in a research report on Thursday, May 14th. Evercore increased their price target on shares of Cisco Systems from $110.00 to $150.00 and gave the company an "outperform" rating in a research note on Thursday, May 14th. Truist Financial started coverage on shares of Cisco Systems in a research report on Tuesday, March 31st. They issued a "buy" rating and a $94.00 price objective for the company. Finally, Erste Group Bank lowered shares of Cisco Systems from a "buy" rating to a "hold" rating in a research note on Wednesday, February 18th. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eight have given a Hold rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $119.09.

More Cisco Systems News

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

• Positive Sentiment: Bank of America raised Cisco’s price target to $135 from $114 and kept a Buy rating, citing stronger demand for high-speed optical networking equipment tied to AI infrastructure spending. BofA raises Cisco, Ciena targets as AI optics boom accelerates
• Positive Sentiment: Rosenblatt also raised its price target on Cisco to $150 from $100 and maintained a Buy rating after the company’s latest quarterly results, reinforcing bullish sentiment around the post-earnings setup. Rosenblatt Raises its Price Target on Cisco Systems (CSCO)
• Positive Sentiment: Coverage highlighted Cisco as a major beneficiary of the AI networking buildout, with investors increasingly favoring Cisco over some peers in the AI infrastructure trade. Cisco Soars 32% in a Month, Arista Falls 10%, Broadcom Drifts: The AI Networking Trade Has a Clear Winner
• Positive Sentiment: Recent reports said Cisco and NVIDIA delivered record results this earnings cycle, suggesting Cisco is benefiting from strong AI-driven demand trends. AI Buildout Fuels Record Results for These Companies
• Neutral Sentiment: Articles comparing Nvidia’s growth trajectory to Cisco’s 1990s expansion keep Cisco in the market conversation, but this is more of a valuation/history narrative than a direct catalyst. Nvidia Sales Growth Looks Like Cisco. That’s Not Necessarily a Bad Thing.

Cisco Systems Stock Down 1.7%

CSCO stock opened at $118.33 on Wednesday. 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 $466.39 billion, a PE ratio of 38.42, a PEG ratio of 3.66 and a beta of 0.92. Cisco Systems, Inc. has a 1-year low of $62.30 and a 1-year high of $120.79. The business's 50 day simple moving average is $90.99 and its 200 day simple moving average is $82.24.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last posted its quarterly earnings results on Wednesday, May 13th. The network equipment provider reported $1.06 earnings per share for the quarter, beating 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 business had revenue of $15.84 billion for the quarter, compared to analysts' expectations of $15.56 billion. During the same quarter in the prior year, the business earned $0.96 EPS. The firm's revenue for the quarter was up 12.0% on a year-over-year basis. 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. As a group, research analysts anticipate that Cisco Systems, Inc. will post 3.44 EPS for the current 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 dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Monday, July 6th. Cisco Systems's dividend payout ratio (DPR) is currently 54.55%.

Insider Activity at Cisco Systems

In related news, EVP Oliver Tuszik sold 2,761 shares of Cisco Systems stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $114.61, for a total transaction of $316,438.21. Following the completion of the sale, the executive vice president owned 180,877 shares of the company's stock, valued at approximately $20,730,312.97. The trade was a 1.50% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Deborah L. Stahlkopf sold 6,586 shares of the company's stock in a transaction dated Friday, May 15th. The shares were 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 in the company, valued at approximately $20,790,030.13. This trade represents a 3.58% 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. Insiders have sold a total of 29,924 shares of company stock worth $2,991,192 in the last quarter. 0.01% of the stock is owned by corporate insiders.

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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