Ninety One UK Ltd Sells 47,569 Shares of Cisco Systems, Inc. $CSCO

Key Points

• Ninety One UK Ltd has reduced its stake in Cisco Systems, Inc. by 24.3%, selling 47,569 shares and now holding 148,120 shares valued at approximately $10.28 million.
• Several institutional investors, including Vanguard Group Inc. and Goldman Sachs, have either boosted their stakes in Cisco Systems, indicating a continued interest among large investors.
• Cisco recently reported a quarterly earnings per share (EPS) of $0.99, beating expectations, and has set guidance for future EPS between 0.970-0.990 for Q1 2026.

Ninety One UK Ltd cut its stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 24.3% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 148,120 shares of the network equipment provider's stock after selling 47,569 shares during the quarter. Ninety One UK Ltd's holdings in Cisco Systems were worth $10,277,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Vanguard Group Inc. boosted its stake in shares of Cisco Systems by 0.5% during the first quarter. Vanguard Group Inc. now owns 388,949,854 shares of the network equipment provider's stock valued at $24,002,095,000 after purchasing an additional 1,865,648 shares during the period. Invesco Ltd. boosted its stake in shares of Cisco Systems by 10.4% during the first quarter. Invesco Ltd. now owns 47,117,146 shares of the network equipment provider's stock valued at $2,907,599,000 after purchasing an additional 4,437,450 shares during the period. Goldman Sachs Group Inc. boosted its stake in shares of Cisco Systems by 37.4% during the first quarter. Goldman Sachs Group Inc. now owns 46,973,293 shares of the network equipment provider's stock valued at $2,898,722,000 after purchasing an additional 12,775,066 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of Cisco Systems by 3.6% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 37,797,629 shares of the network equipment provider's stock valued at $2,332,492,000 after buying an additional 1,326,354 shares during the period. Finally, Amundi increased its stake in shares of Cisco Systems by 11.0% during the first quarter. Amundi now owns 29,170,847 shares of the network equipment provider's stock valued at $1,679,312,000 after buying an additional 2,898,391 shares during the period. 73.33% of the stock is currently owned by institutional investors.

Insider Activity

In other Cisco Systems news, SVP Maria Victoria Wong sold 428 shares of the firm's stock in a transaction that occurred on Thursday, September 11th. The stock was sold at an average price of $68.25, for a total transaction of $29,211.00. Following the completion of the transaction, the senior vice president owned 30,619 shares in the company, valued at $2,089,746.75. This trade represents a 1.38% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Thimaya K. Subaiya sold 1,744 shares of the firm's stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $66.78, for a total value of $116,464.32. Following the transaction, the executive vice president owned 158,009 shares of the company's stock, valued at $10,551,841.02. This represents a 1.09% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 82,965 shares of company stock valued at $5,559,996 in the last three months. 0.01% of the stock is currently owned by insiders.

Cisco Systems Trading Up 0.5%

NASDAQ CSCO opened at $68.75 on Thursday. Cisco Systems, Inc. has a 12 month low of $52.11 and a 12 month high of $72.55. The stock has a market cap of $271.78 billion, a P/E ratio of 26.24, a P/E/G ratio of 2.88 and a beta of 0.97. The stock's fifty day moving average price is $68.12 and its 200-day moving average price is $64.46. 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 (NASDAQ:CSCO - Get Free Report) last announced its quarterly 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 the consensus estimate of $14.63 billion. During the same period in the prior year, the company posted $0.87 earnings per share. The company's quarterly 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. As a group, equities analysts forecast that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.

Cisco Systems Dividend Announcement

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

Analyst Ratings Changes

Several research firms have recently issued reports on CSCO. Deutsche Bank Aktiengesellschaft raised Cisco Systems from a "hold" rating to a "buy" rating and boosted their target price for the company from $65.00 to $73.00 in a research note on Monday, June 16th. Rosenblatt Securities reissued a "buy" rating and set a $87.00 target price on shares of Cisco Systems in a research note on Thursday, August 14th. Wells Fargo & Company boosted their target price on Cisco Systems from $75.00 to $83.00 and gave the company an "overweight" rating in a research note on Thursday, August 14th. Barclays boosted their target price on Cisco Systems from $66.00 to $71.00 and gave the company an "equal weight" rating in a research note on Thursday, August 14th. Finally, Hsbc Global Res cut Cisco Systems from a "strong-buy" rating to a "hold" rating in a research note on Friday, August 15th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $74.53.

Cisco Systems Company Profile

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.

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