OMERS ADMINISTRATION Corp Grows Stake in Cisco Systems, Inc. $CSCO

Key Points

• OMERS Administration Corp increased its Cisco stake by 232.3% in the second quarter, adding 753,380 shares to hold 1.08 million shares valued at approximately $126.6 million. Institutional investors collectively own 73.33% of Cisco.
• Cisco reported strong quarterly results and AI-related momentum: revenue rose 17.6% year over year to $17.25 billion, while earnings per share exceeded estimates. Approximately $4 billion in AI infrastructure orders and rising product revenue support the company’s growth outlook.
• Analyst sentiment is broadly positive, but valuation risks remain. Cisco has a “Moderate Buy” consensus rating and a $129.43 average price target, although the stock trades at roughly 33 times earnings and insiders have sold shares under pre-arranged trading plans.

OMERS ADMINISTRATION Corp raised its holdings in Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 232.3% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,077,745 shares of the network equipment provider's stock after buying an additional 753,380 shares during the quarter. Cisco Systems comprises 0.8% of OMERS ADMINISTRATION Corp's investment portfolio, making the stock its 27th largest position. OMERS ADMINISTRATION Corp's holdings in Cisco Systems were worth $126,592,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Intesa Sanpaolo Wealth Management bought a new position in Cisco Systems in the 4th quarter worth $25,000. MidAtlantic Capital Management Inc. bought a new stake in shares of Cisco Systems during the 4th quarter valued at about $25,000. Networth Advisors LLC boosted its stake in shares of Cisco Systems by 276.4% during the 1st quarter. Networth Advisors LLC now owns 335 shares of the network equipment provider's stock valued at $26,000 after purchasing an additional 246 shares in the last quarter. Manning & Napier Advisors LLC increased its position in shares of Cisco Systems by 137.0% during the first quarter. Manning & Napier Advisors LLC now owns 346 shares of the network equipment provider's stock valued at $27,000 after buying an additional 200 shares during the period. Finally, Financial Life Planners purchased a new position in shares of Cisco Systems during the first quarter valued at about $27,000. 73.33% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Cisco Systems

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

• Positive Sentiment: AI infrastructure orders are supporting Cisco’s growth outlook. Cisco reportedly received approximately $4 billion in AI infrastructure orders during the quarter. Product revenue rose 24% year over year, helping produce record fiscal 2026 results and reinforcing the company’s position as a supplier of networking equipment for AI data centers. Cisco Stock: Buy or Sell?
• Positive Sentiment: Analyst sentiment remains favorable. Recent research updates raised several price targets, including targets of $135 from Morgan Stanley, $140 from Truist Financial, $150 from Bank of America and $165 from Rosenblatt Securities. Cisco has a consensus rating of “Moderate Buy,” suggesting analysts see additional upside if AI-networking demand translates into sustained earnings growth. Cisco Systems Receives a Rating Update
• Positive Sentiment: Streaming infrastructure may provide another growth opportunity. Rising demand for low-latency live video, expanded content-delivery capacity and AI-enabled media workflows could increase demand for Cisco’s networking products among streaming platforms, enterprises and cloud providers. What Could Cisco Systems Gain From The Streaming Infrastructure Boom?
• Neutral Sentiment: An executive sold 5,832 shares valued at approximately $650,000 under a pre-arranged Rule 10b5-1 trading plan. The transaction reduced the executive’s holdings by 4.35%, but the scheduled nature of the sale and substantial remaining ownership lessen its significance as a bearish signal. Cisco Executive SEC Filing
• Negative Sentiment: Valuation and execution risks remain. With Cisco trading at more than 32 times earnings, investors may be concerned that margin pressure, slower recurring-revenue growth or delays in converting AI orders into profits could limit near-term upside.

Analyst Ratings Changes

Several brokerages have commented on CSCO. Wells Fargo & Company raised their price objective on shares of Cisco Systems from $130.00 to $150.00 and gave the stock an "overweight" rating in a report on Thursday, August 13th. JPMorgan Chase & Co. upped their target price on Cisco Systems from $95.00 to $96.00 in a report on Monday, May 11th. BNP Paribas Exane increased their target price on Cisco Systems from $87.00 to $132.00 and gave the stock an "outperform" rating in a research report on Thursday, May 14th. Morgan Stanley lifted their price target on Cisco Systems from $130.00 to $135.00 and gave the company an "overweight" rating in a research report on Thursday, August 13th. Finally, KeyCorp upped their price target on Cisco Systems from $130.00 to $135.00 and gave the stock an "overweight" rating in a research note on Thursday, August 13th. Two analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, Cisco Systems has an average rating of "Moderate Buy" and an average target price of $129.43.

Insider Buying and Selling

In related news, CEO Charles Robbins sold 21,628 shares of the firm's stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $111.54, for a total transaction of $2,412,387.12. Following the completion of the transaction, the chief executive officer owned 602,710 shares of the company's stock, valued at $67,226,273.40. This trade represents a 3.46% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Oliver Tuszik sold 2,760 shares of Cisco Systems stock in a transaction on Friday, August 14th. The shares were sold at an average price of $112.46, for a total value of $310,389.60. Following the transaction, the executive vice president owned 165,276 shares of the company's stock, valued at $18,586,938.96. The trade was a 1.64% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 53,611 shares of company stock worth $6,066,680 over the last three months. Corporate insiders own 0.01% of the company's stock.

Cisco Systems Stock Performance

Shares of NASDAQ CSCO opened at $111.04 on Monday. Cisco Systems, Inc. has a 1 year low of $66.13 and a 1 year high of $130.37. 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 firm has a 50-day moving average of $116.02 and a 200 day moving average of $100.37. The stock has a market cap of $437.66 billion, a P/E ratio of 33.25, a price-to-earnings-growth ratio of 2.14 and a beta of 1.02.

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, topping analysts' consensus estimates of $1.17 by $0.05. Cisco Systems had a net margin of 20.95% and a return on equity of 30.16%. The business had revenue of $17.25 billion for the quarter, compared to analysts' expectations of $16.84 billion. During the same quarter in the prior year, the company earned $0.99 earnings per share. The business's revenue was up 17.6% compared to the same quarter last year. 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. As a group, sell-side analysts expect that Cisco Systems, Inc. will post 4.51 EPS for the current fiscal year.

Cisco Systems Dividend Announcement

The business 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 annualized dividend and a dividend yield of 1.5%. Cisco Systems's dividend payout ratio is presently 50.30%.

About Cisco Systems

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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