Leuthold Group LLC Purchases 18,776 Shares of Cisco Systems, Inc. $CSCO

Key Points

• Leuthold Group LLC increased its Cisco Systems stake by 13.8% in the fourth quarter, buying 18,776 more shares and bringing its total holdings to 154,877 shares worth about $11.93 million.
• Cisco reported strong quarterly results, with EPS of $1.06 and revenue of $15.84 billion both beating analyst estimates, while also raising guidance for fiscal 2026.
• Wall Street sentiment remains mostly positive: several analysts lifted price targets after earnings, and the consensus rating on Cisco is currently “Moderate Buy” with a target price of $114.55.

Leuthold Group LLC grew its position in shares of Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 13.8% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 154,877 shares of the network equipment provider's stock after buying an additional 18,776 shares during the quarter. Cisco Systems accounts for approximately 1.3% of Leuthold Group LLC's investment portfolio, making the stock its 16th biggest holding. Leuthold Group LLC's holdings in Cisco Systems were worth $11,930,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Mirae Asset Global Investments Co. Ltd. lifted its position in shares of Cisco Systems by 6.9% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,189,645 shares of the network equipment provider's stock worth $218,236,000 after buying an additional 205,043 shares in the last quarter. World Investment Advisors lifted its position in shares of Cisco Systems by 15.4% during the 4th 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. Jones Financial Companies Lllp lifted its position in shares of Cisco Systems by 8.9% during the 3rd quarter. Jones Financial Companies Lllp now owns 686,469 shares of the network equipment provider's stock worth $46,165,000 after buying an additional 56,057 shares in the last quarter. Rockland Trust Co. lifted its position in shares of Cisco Systems by 213.8% during the 3rd quarter. Rockland Trust Co. now owns 20,497 shares of the network equipment provider's stock worth $1,402,000 after buying an additional 13,966 shares in the last quarter. Finally, Thrivent Financial for Lutherans increased its stake in shares of Cisco Systems by 40.0% during the 3rd quarter. Thrivent Financial for Lutherans now owns 3,490,482 shares of the network equipment provider's stock worth $238,818,000 after purchasing an additional 997,738 shares during the last quarter. Institutional investors own 73.33% of the company's stock.

Insider Buying and Selling at Cisco Systems

In related news, EVP Oliver Tuszik sold 3,132 shares of Cisco Systems stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $79.74, for a total value of $249,745.68. Following the completion of 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Deborah L. Stahlkopf sold 7,981 shares of Cisco Systems stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $79.50, for a total transaction of $634,489.50. Following the completion of the transaction, the executive vice president owned 187,097 shares of the company's stock, valued at $14,874,211.50. This represents a 4.09% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 15,587 shares of company stock valued at $1,230,765 over the last 90 days. 0.01% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

CSCO has been the subject of several research analyst reports. JPMorgan Chase & Co. raised their price target on shares of Cisco Systems from $95.00 to $96.00 in a research note on Monday, May 11th. Wall Street Zen lowered shares of Cisco Systems from a "buy" rating to a "hold" rating in a research note on Saturday, March 14th. Barclays raised their price target on shares of Cisco Systems from $76.00 to $121.00 and gave the stock an "equal weight" rating in a research note on Thursday. BNP Paribas Exane raised their price target on shares of Cisco Systems from $87.00 to $132.00 and gave the stock an "outperform" rating in a research note on Thursday. Finally, Evercore raised their price target on shares of Cisco Systems from $110.00 to $150.00 and gave the stock an "outperform" rating in a research note on Thursday. Three investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $114.55.

Cisco Systems Stock Up 2.3%

Cisco Systems stock opened at $118.21 on Friday. Cisco Systems, Inc. has a 1-year low of $62.30 and a 1-year high of $119.36. The firm has a market capitalization of $466.92 billion, a price-to-earnings ratio of 38.38, a P/E/G ratio of 4.44 and a beta of 0.92. The company has a current ratio of 0.92, a quick ratio of 0.85 and a debt-to-equity ratio of 0.40. The firm has a 50 day simple moving average of $85.41 and a 200 day simple moving average of $79.95.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last released its quarterly earnings data 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 net margin of 20.14% and a return on equity of 28.44%. The business had revenue of $15.84 billion during the quarter, compared to analyst estimates of $15.56 billion. During the same period in the previous year, the business earned $0.96 EPS. Cisco Systems's revenue 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. On average, analysts predict that Cisco Systems, Inc. will post 3.42 earnings per share for the current 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 paid a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date is Monday, July 6th. Cisco Systems's payout ratio is currently 54.55%.

Cisco Systems News Summary

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

• Positive Sentiment: Cisco reported stronger-than-expected Q3 earnings and revenue, with EPS of $1.06 topping estimates and sales of $15.84 billion above forecasts. Article title
• Positive Sentiment: The company raised full-year guidance and pointed to roughly $9 billion in fiscal 2026 hyperscaler AI infrastructure orders, reinforcing the view that Cisco is becoming a key AI infrastructure beneficiary. Article title
• Positive Sentiment: Multiple firms raised price targets after the earnings beat, including HSBC, Evercore, Piper Sandler, KeyCorp, Morgan Stanley, UBS, BNP Paribas, Wells Fargo and Citigroup, signaling broad Wall Street optimism. Article title
• Positive Sentiment: Cisco’s CEO said AI will force a “multi-billion dollar infrastructure reset,” which supports the bullish narrative that the company is at the center of a long upgrade cycle. Article title
• Neutral Sentiment: Cisco also announced plans to cut about 4,000 jobs as it reshapes spending toward AI, which may improve efficiency but adds some execution risk. Article title
• Neutral Sentiment: Some commentary warns that the stock’s rapid rally has pushed valuation higher, and options activity shows elevated volatility expectations heading into the next phase. Article title

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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