RiverFront Investment Group LLC raised its stake in Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 85.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 57,149 shares of the network equipment provider's stock after buying an additional 26,410 shares during the period. RiverFront Investment Group LLC's holdings in Cisco Systems were worth $4,402,000 at the end of the most recent reporting period.
Other hedge funds have also modified their holdings of the company. EQ Wealth Advisors LLC purchased a new position in shares of Cisco Systems during the 4th quarter worth approximately $31,000. Board of the Pension Protection Fund purchased a new position in shares of Cisco Systems during the 4th quarter worth approximately $31,000. Anfield Capital Management LLC increased its stake in shares of Cisco Systems by 248.9% during the 4th quarter. Anfield Capital Management LLC now owns 485 shares of the network equipment provider's stock worth $37,000 after purchasing an additional 346 shares in the last quarter. Joseph Group Capital Management purchased a new position in shares of Cisco Systems during the 4th quarter worth approximately $38,000. Finally, Luken Investment Analytics LLC increased its stake in shares of Cisco Systems by 418.0% during the 4th quarter. Luken Investment Analytics LLC now owns 518 shares of the network equipment provider's stock worth $40,000 after purchasing an additional 418 shares in the last quarter. 73.33% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of brokerages have recently weighed in on CSCO. Weiss Ratings cut shares of Cisco Systems from a "buy (b)" rating to a "buy (b-)" rating in a research note on Friday. Bank of America raised their price objective on shares of Cisco Systems from $95.00 to $114.00 and gave the stock a "buy" rating in a research note on Thursday. UBS Group raised their price objective on shares of Cisco Systems from $95.00 to $132.00 and gave the stock a "buy" rating in a research note on Thursday. Truist Financial began coverage on shares of Cisco Systems in a research note on Tuesday, March 31st. They set a "buy" rating and a $94.00 price objective for the company. Finally, Wells Fargo & Company lifted their target price on shares of Cisco Systems from $95.00 to $130.00 and gave the stock an "overweight" rating in a research note on Thursday. Three analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $114.55.
Read Our Latest Research Report on Cisco Systems
Cisco Systems News Roundup
Here are the key news stories impacting Cisco Systems this week:
- Positive Sentiment: Cisco reported stronger-than-expected Q3 earnings and revenue, with EPS of $1.06 topping estimates and sales of $15.84 billion above forecasts. Article title
- Positive Sentiment: The company raised full-year guidance and pointed to roughly $9 billion in fiscal 2026 hyperscaler AI infrastructure orders, reinforcing the view that Cisco is becoming a key AI infrastructure beneficiary. Article title
- Positive Sentiment: Multiple firms raised price targets after the earnings beat, including HSBC, Evercore, Piper Sandler, KeyCorp, Morgan Stanley, UBS, BNP Paribas, Wells Fargo and Citigroup, signaling broad Wall Street optimism. Article title
- Positive Sentiment: Cisco’s CEO said AI will force a “multi-billion dollar infrastructure reset,” which supports the bullish narrative that the company is at the center of a long upgrade cycle. Article title
- Neutral Sentiment: Cisco also announced plans to cut about 4,000 jobs as it reshapes spending toward AI, which may improve efficiency but adds some execution risk. Article title
- Neutral Sentiment: Some commentary warns that the stock’s rapid rally has pushed valuation higher, and options activity shows elevated volatility expectations heading into the next phase. Article title
Insider Activity at Cisco Systems
In other Cisco Systems news, EVP Thimaya K. Subaiya sold 1,744 shares of Cisco Systems stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $77.07, for a total value of $134,410.08. Following the transaction, the executive vice president owned 156,693 shares in the company, valued at $12,076,329.51. This trade represents a 1.10% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Maria Victoria Wong sold 2,179 shares of Cisco Systems stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $77.74, for a total transaction of $169,395.46. Following the completion of the transaction, the senior vice president owned 28,807 shares in the company, valued at approximately $2,239,456.18. This trade represents a 7.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 15,587 shares of company stock worth $1,230,765 in the last 90 days. Company insiders own 0.01% of the company's stock.
Cisco Systems Price Performance
CSCO stock opened at $118.21 on Monday. The stock has a market capitalization of $466.92 billion, a P/E ratio of 38.38, a PEG ratio of 3.61 and a beta of 0.92. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.81 and a current ratio of 0.92. Cisco Systems, Inc. has a one year low of $62.30 and a one year high of $119.36. The company has a 50 day moving average price of $85.41 and a two-hundred day moving average price of $80.01.
Cisco Systems (NASDAQ:CSCO - Get Free Report) last released its earnings results on Wednesday, May 13th. The network equipment provider reported $1.06 EPS for the quarter, topping the consensus estimate of $1.03 by $0.03. The firm had revenue of $15.84 billion during the quarter, compared to analysts' expectations of $15.56 billion. Cisco Systems had a net margin of 20.14% and a return on equity of 28.44%. Cisco Systems's revenue for the quarter was up 12.0% on a year-over-year basis. During the same period in the previous year, the company earned $0.96 EPS. Cisco Systems has set its Q4 2026 guidance at 1.160-1.180 EPS and its FY 2026 guidance at 4.270-4.290 EPS. As a group, sell-side analysts expect that Cisco Systems, Inc. will post 3.42 EPS for the current year.
Cisco Systems Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 22nd. Shareholders of record on Monday, July 6th will be issued a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Monday, July 6th. Cisco Systems's dividend payout ratio (DPR) is 54.55%.
About Cisco Systems
(
Free Report)
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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