Cisco Systems, Inc. $CSCO Shares Acquired by Livforsakringsbolaget Skandia Omsesidigt

Key Points

• Livforsakringsbolaget Skandia Omsesidigt has increased its stake in Cisco Systems by 29.5%, bringing its total holding to approximately $25.08 million, making it the firm's 12th largest investment.
• Analysts have mixed ratings for Cisco, with a consensus average rating of "Moderate Buy" and a price target of $74.53, reflecting varying opinions on the company's potential performance.
• Cisco recently reported quarterly earnings of $0.99 EPS, exceeding estimates, alongside a dividend announcement of $0.41 per share to be paid on October 22nd.

Livforsakringsbolaget Skandia Omsesidigt lifted its stake in Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 29.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 361,676 shares of the network equipment provider's stock after buying an additional 82,300 shares during the period. Cisco Systems comprises 1.2% of Livforsakringsbolaget Skandia Omsesidigt's portfolio, making the stock its 12th biggest holding. Livforsakringsbolaget Skandia Omsesidigt's holdings in Cisco Systems were worth $25,075,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of CSCO. Pandora Wealth Inc. bought a new stake in Cisco Systems during the 1st quarter worth about $31,000. Nova Wealth Management Inc. bought a new position in shares of Cisco Systems during the first quarter valued at $31,000. Fairway Wealth LLC increased its position in shares of Cisco Systems by 224.7% during the first quarter. Fairway Wealth LLC now owns 578 shares of the network equipment provider's stock worth $36,000 after buying an additional 400 shares during the period. Accent Capital Management LLC acquired a new stake in Cisco Systems in the first quarter worth $36,000. Finally, Investment Management Corp VA ADV lifted its position in shares of Cisco Systems by 145.3% during the first quarter. Investment Management Corp VA ADV now owns 596 shares of the network equipment provider's stock valued at $37,000 after purchasing an additional 353 shares in the last quarter. Institutional investors and hedge funds own 73.33% of the company's stock.

Cisco Systems Stock Performance

Cisco Systems stock traded down $0.70 during mid-day trading on Monday, hitting $67.51. The company had a trading volume of 8,043,765 shares, compared to its average volume of 21,097,809. The company has a current ratio of 1.00, a quick ratio of 0.91 and a debt-to-equity ratio of 0.49. Cisco Systems, Inc. has a 12-month low of $51.89 and a 12-month high of $72.55. The company's fifty day moving average is $68.14 and its 200-day moving average is $64.14. The company has a market capitalization of $266.90 billion, a price-to-earnings ratio of 25.77, a P/E/G ratio of 2.87 and a beta of 0.99.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last announced its earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.98 by $0.01. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The firm had revenue of $14.67 billion for the quarter, compared to analyst estimates of $14.63 billion. During the same quarter last year, the firm posted $0.87 EPS. The business's revenue was up 7.6% on a year-over-year basis. Cisco Systems has set its Q1 2026 guidance at 0.970-0.990 EPS. FY 2026 guidance at 4.000-4.060 EPS. Equities research analysts predict that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 22nd. Shareholders of record on Friday, October 3rd will be given a $0.41 dividend. This represents a $1.64 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend is Friday, October 3rd. Cisco Systems's payout ratio is currently 62.60%.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on CSCO shares. William Blair upgraded shares of Cisco Systems to a "hold" rating in a research note on Thursday, August 14th. Wall Street Zen lowered shares of Cisco Systems from a "strong-buy" rating to a "buy" rating in a report on Saturday, July 12th. Piper Sandler increased their price target on shares of Cisco Systems from $64.00 to $70.00 and gave the company a "neutral" rating in a research report on Thursday, August 14th. Deutsche Bank Aktiengesellschaft upgraded shares of Cisco Systems from a "hold" rating to a "buy" rating and upped their price objective for the stock from $65.00 to $73.00 in a report on Monday, June 16th. Finally, Evercore ISI upped their price objective on shares of Cisco Systems from $72.00 to $74.00 and gave the stock an "in-line" rating in a report on Thursday, August 14th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and ten have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $74.53.

Insider Buying and Selling

In other Cisco Systems news, EVP Deborah L. Stahlkopf sold 9,783 shares of the business's stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $66.60, for a total value of $651,547.80. Following the completion of the sale, the executive vice president owned 161,662 shares in the company, valued at approximately $10,766,689.20. The trade was a 5.71% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Maria Victoria Wong sold 3,162 shares of the company's stock in a transaction that occurred on Monday, August 25th. The stock was sold at an average price of $67.28, for a total value of $212,739.36. Following the sale, the senior vice president owned 31,468 shares of the company's stock, valued at $2,117,167.04. This trade represents a 9.13% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 65,439 shares of company stock worth $4,369,104 over the last 90 days. 0.01% of the stock is owned by insiders.

About Cisco Systems

Cisco Systems, Inc designs, manufactures, and sells Internet Protocol based networking and other products related to the communications and information technology industry in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and China. The company also offers switching portfolio encompasses campus switching as well as data center switching; enterprise routing portfolio interconnects public and private wireline and mobile networks, delivering highly secure, and reliable connectivity to campus, data center and branch networks; wireless products include wireless access points and controllers; and compute portfolio including the cisco unified computing system, hyperflex, and software management capabilities, which combine computing, networking, and storage infrastructure management and virtualization.