MassMutual Private Wealth & Trust FSB Lowers Stock Holdings in Cisco Systems, Inc. $CSCO

Key Points

• MassMutual Private Wealth & Trust FSB reduced its Cisco stake by 5.4% in the third quarter, selling 27,611 shares and retaining 483,007 shares valued at approximately $52.1 million. Institutional investors collectively own 73.33% of Cisco.
• Cisco is benefiting from strong AI infrastructure demand, with product orders up 35% year over year in fiscal fourth-quarter 2026 and a new sovereign AI partnership with Bell Canada. However, analysts remain mixed, with ratings ranging from “strong buy” to “hold” and Piper Sandler cutting its price target to $125.
• Cisco reported quarterly revenue of $17.25 billion and earnings of $1.22 per share, beating consensus estimates, while revenue grew 17.6% year over year. The company also declared a quarterly dividend of $0.42 per share, representing a 1.5% annualized yield.

MassMutual Private Wealth & Trust FSB cut its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 5.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 483,007 shares of the network equipment provider's stock after selling 27,611 shares during the quarter. Cisco Systems makes up approximately 1.3% of MassMutual Private Wealth & Trust FSB's portfolio, making the stock its 17th largest holding. MassMutual Private Wealth & Trust FSB's holdings in Cisco Systems were worth $52,088,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in CSCO. Cozad Asset Management Inc. boosted its holdings in Cisco Systems by 0.3% in the 1st quarter. Cozad Asset Management Inc. now owns 26,203 shares of the network equipment provider's stock worth $2,033,000 after buying an additional 87 shares during the period. Dogwood Wealth Management LLC increased its holdings in shares of Cisco Systems by 3.9% in the 2nd quarter. Dogwood Wealth Management LLC now owns 2,413 shares of the network equipment provider's stock worth $283,000 after buying an additional 90 shares during the last quarter. August Group Capital Ltd raised its position in shares of Cisco Systems by 2.0% during the 2nd quarter. August Group Capital Ltd now owns 4,723 shares of the network equipment provider's stock valued at $555,000 after buying an additional 91 shares in the last quarter. Financial Insights Inc. grew its position in Cisco Systems by 1.5% in the first quarter. Financial Insights Inc. now owns 6,220 shares of the network equipment provider's stock worth $483,000 after acquiring an additional 92 shares in the last quarter. Finally, CPA Asset Management Group LLC increased its stake in Cisco Systems by 1.8% in the second quarter. CPA Asset Management Group LLC now owns 5,335 shares of the network equipment provider's stock valued at $627,000 after acquiring an additional 93 shares during the last quarter. Institutional investors own 73.33% of the company's stock.

Insider Buying and Selling at Cisco Systems

In other Cisco Systems news, EVP Thimaya K. Subaiya sold 312 shares of the business's stock in a transaction dated Monday, September 14th. The stock was sold at an average price of $110.18, for a total value of $34,376.16. Following the completion of the transaction, the executive vice president owned 127,661 shares of the company's stock, valued at approximately $14,065,688.98. The trade was a 0.24% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Deborah L. Stahlkopf sold 6,487 shares of the firm's stock in a transaction on Friday, August 14th. The stock was sold at an average price of $111.53, for a total value of $723,495.11. Following the completion of the transaction, the executive vice president owned 167,116 shares in the company, valued at approximately $18,638,447.48. This trade represents a 3.74% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 44,869 shares of company stock worth $5,005,620 in the last 90 days. Insiders own 0.01% of the company's stock.

Key Stories Impacting Cisco Systems

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

• Positive Sentiment: Zacks Research upgraded Cisco Systems from “hold” to “strong buy,” providing a notable near-term sentiment boost. Investors Heavily Search Cisco Systems
• Positive Sentiment: Cisco is scheduled to distribute approximately $1.66 billion in dividends on October 21. The payout reinforces the company’s shareholder-return appeal and may support demand for the stock. Cisco Dividend Payouts
• Positive Sentiment: Cisco’s AI infrastructure momentum remains a key catalyst: product orders increased 35% year over year in fiscal fourth-quarter 2026, while AI infrastructure orders reportedly exceeded Wall Street expectations. The company also announced a sovereign AI infrastructure partnership with Bell Canada, potentially expanding its networking, security and observability products in regulated markets. Bell Cisco Sovereign AI Pact
• Positive Sentiment: The industrial-control-system security market is projected to grow at a 16.5% annual rate through 2031, creating a favorable backdrop for Cisco’s cybersecurity business. Industrial Control System Security Market Forecast
• Neutral Sentiment: Bernstein initiated coverage with a “market perform” rating, suggesting balanced expectations despite Cisco’s AI opportunity. Bernstein Cisco Coverage
• Negative Sentiment: Piper Sandler lowered its price target to $125, indicating reduced upside expectations. Management’s cautious fiscal 2027 AI revenue outlook and the fact that AI represented only about 6% of fiscal 2026 revenue also highlight execution and valuation risks. Piper Sandler Cisco Price Target

Analyst Ratings Changes

A number of research firms have recently issued reports on CSCO. Sanford C. Bernstein assumed coverage on Cisco Systems in a report on Wednesday, September 30th. They issued a "market perform" rating and a $110.00 price objective for the company. Deutsche Bank Aktiengesellschaft began coverage on Cisco Systems in a research note on Tuesday, September 1st. They issued a "buy" rating and a $135.00 target price for the company. HSBC downgraded shares of Cisco Systems from a "buy" rating to a "hold" rating and decreased their price target for the stock from $137.00 to $120.00 in a research note on Friday, August 14th. Freedom Capital raised shares of Cisco Systems from a "hold" rating to a "strong-buy" rating in a report on Sunday, August 16th. Finally, Bank of America lifted their target price on shares of Cisco Systems from $135.00 to $150.00 and gave the stock a "buy" rating in a research report on Monday, June 8th. Three analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $128.52.

Cisco Systems Price Performance

Shares of Cisco Systems stock opened at $112.20 on Monday. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.93 and a quick ratio of 0.79. The business's 50 day simple moving average is $112.00 and its two-hundred day simple moving average is $106.64. The stock has a market capitalization of $442.36 billion, a P/E ratio of 33.59, a price-to-earnings-growth ratio of 2.35 and a beta of 0.99. Cisco Systems, Inc. has a one year low of $66.81 and a one year high of $130.37.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last announced its quarterly earnings data on Wednesday, August 12th. The network equipment provider reported $1.22 earnings per share for the quarter, beating the consensus estimate of $1.17 by $0.05. Cisco Systems had a return on equity of 30.16% and a net margin of 20.95%.The firm had revenue of $17.25 billion during the quarter, compared to the consensus estimate of $16.84 billion. During the same quarter in the previous year, the company posted $0.99 earnings per share. The business's revenue was up 17.6% on a year-over-year basis. Cisco Systems has set its FY 2027 guidance at 5.050-5.110 EPS and its Q1 2027 guidance at 1.320-1.340 EPS. Analysts forecast that Cisco Systems, Inc. will post 4.41 EPS for the current year.

Cisco Systems Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 21st. Investors of record on Friday, October 2nd will be paid a $0.42 dividend. The ex-dividend date is Friday, October 2nd. This represents a $1.68 dividend on an annualized basis and a yield of 1.5%. Cisco Systems's payout ratio is presently 50.30%.

Cisco Systems Company Profile

Cisco Systems, Inc is a global technology company that develops networking, cybersecurity, collaboration, observability and data center solutions. Its products and services help businesses, governments, educational institutions and other organizations connect users and devices, manage infrastructure, protect digital environments and support cloud-based operations.

Cisco's portfolio includes routers and switches, wireless networking equipment, network management software, firewalls, identity and access tools, endpoint security products, collaboration applications and observability platforms.

Want to see what other hedge funds are holding CSCO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cisco Systems, Inc. (NASDAQ:CSCO - Free Report).

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.