PFA Pension Forsikringsaktieselskab Takes $220.28 Million Position in Cisco Systems, Inc. $CSCO

Key Points

• PFA Pension Forsikringsaktieselskab opened a new position of 2,845,585 Cisco shares valued at about $220.28 million, making CSCO its 20th-largest holding and leaving PFA with roughly 0.07% ownership of Cisco.
• Cisco recently beat Q2 estimates (EPS $1.04 vs. $1.02; revenue $15.35B vs. $15.11B), and analysts point to AI/infrastructure momentum and an upgraded outlook as drivers of the recent share rally; consensus rating is a "Moderate Buy" with an average target near $89.81.
• The company raised its quarterly dividend to $0.42 (annualized $1.68, ~1.8% yield), while insiders have sold 46,431 shares over the past 90 days and now own about 0.01% of the stock.

PFA Pension Forsikringsaktieselskab bought a new stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 2,845,585 shares of the network equipment provider's stock, valued at approximately $220,277,000. Cisco Systems makes up 0.6% of PFA Pension Forsikringsaktieselskab's holdings, making the stock its 20th biggest position. PFA Pension Forsikringsaktieselskab owned 0.07% of Cisco Systems at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Everest Management Corp. acquired a new position in Cisco Systems in the fourth quarter worth approximately $819,000. Blalock Williams LLC boosted its stake in Cisco Systems by 8.8% in the 4th quarter. Blalock Williams LLC now owns 8,833 shares of the network equipment provider's stock worth $680,000 after purchasing an additional 716 shares during the period. Robertson Stephens Wealth Management LLC boosted its stake in shares of Cisco Systems by 14.4% during the 4th quarter. Robertson Stephens Wealth Management LLC now owns 48,701 shares of the network equipment provider's stock valued at $3,752,000 after buying an additional 6,133 shares during the period. Fifth Third Bancorp boosted its stake in shares of Cisco Systems by 3.7% during the 4th quarter. Fifth Third Bancorp now owns 2,237,665 shares of the network equipment provider's stock valued at $172,367,000 after buying an additional 79,130 shares during the period. Finally, Danske Bank A S boosted its stake in shares of Cisco Systems by 0.3% during the 4th quarter. Danske Bank A S now owns 3,431,124 shares of the network equipment provider's stock valued at $264,299,000 after buying an additional 11,713 shares during the period. Institutional investors and hedge funds own 73.33% of the company's stock.

Insider Transactions at Cisco Systems

In other news, EVP Oliver Tuszik sold 3,132 shares of the company's stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $79.74, for a total transaction of $249,745.68. Following the transaction, the executive vice president directly owned 188,613 shares in the company, valued at approximately $15,040,000.62. This represents a 1.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Charles Robbins sold 19,545 shares of the company's stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $76.00, for a total transaction of $1,485,420.00. Following the transaction, the chief executive officer owned 671,095 shares in the company, valued at $51,003,220. The trade was a 2.83% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 46,431 shares of company stock valued at $3,574,820. 0.01% of the stock is owned by company insiders.

Cisco Systems Price Performance

Shares of Cisco Systems stock opened at $91.85 on Friday. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.85 and a current ratio of 0.96. The firm's 50-day simple moving average is $81.46 and its 200-day simple moving average is $77.93. Cisco Systems, Inc. has a twelve month low of $58.58 and a twelve month high of $92.92. The firm has a market cap of $362.80 billion, a P/E ratio of 32.23, a price-to-earnings-growth ratio of 3.45 and a beta of 0.92.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last released its quarterly earnings data on Wednesday, February 11th. The network equipment provider reported $1.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.02 by $0.02. The firm had revenue of $15.35 billion during the quarter, compared to analyst estimates of $15.11 billion. Cisco Systems had a return on equity of 27.88% and a net margin of 19.22%.The business's revenue for the quarter was up 9.7% compared to the same quarter last year. During the same period in the prior year, the company posted $0.94 earnings per share. As a group, research analysts expect that Cisco Systems, Inc. will post 3.4 EPS for the current fiscal year.

Cisco Systems Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 22nd. Shareholders of record on Thursday, April 2nd were given a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a yield of 1.8%. This is a boost from Cisco Systems's previous quarterly dividend of $0.41. The ex-dividend date was Thursday, April 2nd. Cisco Systems's dividend payout ratio (DPR) is presently 58.95%.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the stock. Wall Street Zen downgraded shares of Cisco Systems from a "buy" rating to a "hold" rating in a report on Saturday, March 14th. Rosenblatt Securities restated a "buy" rating and set a $100.00 price target on shares of Cisco Systems in a report on Thursday, February 12th. BNP Paribas Exane raised their price target on shares of Cisco Systems from $86.00 to $87.00 and gave the company an "outperform" rating in a report on Thursday, February 12th. Evercore upgraded shares of Cisco Systems from an "in-line" rating to an "outperform" rating and lifted their target price for the stock from $80.00 to $100.00 in a report on Monday, January 26th. Finally, Argus upgraded shares of Cisco Systems to a "strong-buy" rating in a report on Friday, February 13th. Three analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $89.81.

More Cisco Systems News

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

• Positive Sentiment: Q2 results and AI/infra momentum — analysts note Cisco’s Q2 beat, raised outlook and AI-infrastructure product momentum as key drivers of the recent share rally and valuation re-rating. A Look At Cisco (CSCO) Valuation After Strong Q2 Results And AI Infrastructure Momentum
• Positive Sentiment: High odds of another earnings beat — a Zacks piece flags Cisco’s strong earnings-surprise history and the factors (revenue strength, margin leverage) that make another upside surprise likely, supporting near-term sentiment. Will Cisco (CSCO) Beat Estimates Again in Its Next Earnings Report?
• Positive Sentiment: Policy tailwind for quantum networking — a new U.S. quantum policy bill advancing toward commercialization could accelerate funding and deployment for quantum-related networking tech, an area where Cisco is referenced as a key player. This is a medium-term catalyst for products beyond core routing/switching. National Quantum Policy Bill Advances: IBM, IonQ, Cisco in Focus
• Positive Sentiment: Technical/market momentum — multiple market reports note Cisco hitting fresh peaks and outperforming the Nasdaq index recently, reflecting strong investor demand and positive flow into the name. Cisco Hits Fresh Peak Amid Nasdaq Composite Today Buzz
• Neutral Sentiment: CNBC mention on trader radar — Cisco was referenced on CNBC’s “Final Trades,” a short-term media mention that can attract attention but is not a fundamental catalyst by itself. Netflix, Cisco, Zoom and a health care stock on CNBC's 'Final Trades'
• Neutral Sentiment: Peer strength — Arista (a data-center networking peer) is gaining momentum ahead of its earnings, highlighting competitive dynamics in the data-center space; this is worth monitoring but hasn’t materially changed Cisco’s trajectory yet. This Nvidia Rival Gains Momentum Ahead Of Earnings Report
• Neutral Sentiment: Ongoing bullish write-ups — several bullish theses and valuation analyses (Substack/InsiderMonkey/Yahoo) are circulating, reinforcing investor interest but largely echoing the same drivers: AI demand, recurring revenue, and attractive cash returns. Is Cisco Systems, Inc. (CSCO) A Good Stock To Buy Now?

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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