S Bank Fund Management Ltd Sells 49,835 Shares of Cisco Systems, Inc. $CSCO

Key Points

• S Bank Fund Management Ltd cut its stake in Cisco by 59.2%, selling 49,835 shares in Q4 and now holds 34,343 shares worth $2,645,000, according to its latest 13F filing.
• Cisco beat Q4 estimates with EPS of $1.04 (vs. $1.02 expected) and revenue of $15.35B (up 9.7% YoY), and the company recently raised its quarterly dividend to $0.42 (annualized $1.68, yield 1.8%).
• Analyst and strategic momentum includes Evercore raising its price target to $110, Cisco’s planned acquisition of Astrix Security and other security integrations, and a consensus rating of "Moderate Buy" with an average target of $90.29.

S Bank Fund Management Ltd decreased its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 59.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 34,343 shares of the network equipment provider's stock after selling 49,835 shares during the period. S Bank Fund Management Ltd's holdings in Cisco Systems were worth $2,645,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Mirae Asset Global Investments Co. Ltd. raised its stake in shares of Cisco Systems by 6.9% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,189,645 shares of the network equipment provider's stock valued at $218,236,000 after acquiring an additional 205,043 shares during the last quarter. Jones Financial Companies Lllp grew its position in Cisco Systems by 8.9% during the 3rd quarter. Jones Financial Companies Lllp now owns 686,469 shares of the network equipment provider's stock worth $46,165,000 after acquiring an additional 56,057 shares during the last quarter. Rockland Trust Co. increased its holdings in Cisco Systems by 213.8% during the 3rd quarter. Rockland Trust Co. now owns 20,497 shares of the network equipment provider's stock valued at $1,402,000 after purchasing an additional 13,966 shares in the last quarter. CX Institutional increased its holdings in Cisco Systems by 11.0% during the 3rd quarter. CX Institutional now owns 144,336 shares of the network equipment provider's stock valued at $9,875,000 after purchasing an additional 14,334 shares in the last quarter. Finally, Thrivent Financial for Lutherans raised its position in Cisco Systems by 40.0% in the 3rd quarter. Thrivent Financial for Lutherans now owns 3,490,482 shares of the network equipment provider's stock valued at $238,818,000 after purchasing an additional 997,738 shares during the last quarter. 73.33% of the stock is owned by institutional investors and hedge funds.

Cisco Systems Trading Up 1.8%

CSCO stock opened at $94.30 on Wednesday. The company has a market cap of $372.47 billion, a P/E ratio of 33.09, a PEG ratio of 3.49 and a beta of 0.92. Cisco Systems, Inc. has a twelve month low of $58.58 and a twelve month high of $94.72. The company has a quick ratio of 0.85, a current ratio of 0.96 and a debt-to-equity ratio of 0.45. The business has a fifty day moving average of $81.77 and a 200-day moving average of $78.24.

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

Cisco Systems Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 22nd. Stockholders of record on Thursday, April 2nd were paid a $0.42 dividend. This is a boost from Cisco Systems's previous quarterly dividend of $0.41. The ex-dividend date of this dividend was Thursday, April 2nd. This represents a $1.68 annualized dividend and a dividend yield of 1.8%. Cisco Systems's payout ratio is 58.95%.

Insider Activity at Cisco Systems

In other Cisco Systems news, EVP Thimaya K. Subaiya sold 1,744 shares of the firm's stock in a transaction that occurred 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 directly owned 156,693 shares of the company's stock, valued at approximately $12,076,329.51. This trade represents a 1.10% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Oliver Tuszik sold 3,132 shares of Cisco Systems stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $79.74, for a total transaction of $249,745.68. Following the sale, the executive vice president directly owned 188,613 shares of the company's stock, valued at $15,040,000.62. This represents a 1.63% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 46,431 shares of company stock worth $3,574,820 over the last 90 days. Insiders own 0.01% of the company's stock.

Key Headlines Impacting Cisco Systems

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

• Positive Sentiment: Evercore raised its price target on Cisco to $110 and kept an "outperform" rating, signaling analyst confidence in upside tied to Cisco’s product mix (about a 17% implied upside from recent levels). Evercore price target raise
• Positive Sentiment: Cisco announced plans to acquire Israeli cybersecurity firm Astrix Security, expanding its access/connectivity security capabilities — a move that should accelerate product-led sales and M&A synergy messaging. Cisco to acquire Israeli co Astrix Security
• Positive Sentiment: Cisco is pushing security momentum by adding Qmulos to its SolutionsPlus program and integrating compliance analytics with its broader security portfolio (and deeper Splunk ties), which simplifies procurement and upsell opportunities to enterprise customers. Cisco Security Push With Astrix And Qmulos
• Positive Sentiment: Analysts (Evercore coverage) argue Cisco’s Silicon One ASIC business is underappreciated and could be a multi‑year growth driver for routing and AI networking — supportive for longer‑term revenue and margin upside. Silicon One underappreciated
• Positive Sentiment: Longer‑term tech roadmap: Cisco highlighted a Universal Quantum Switch for routing quantum information over standard fiber — a strategic signal that Cisco is positioning for future, high‑value networking platforms. Universal Quantum Switch
• Neutral Sentiment: Partner ecosystem news: C1 earned full Preferred status across Cisco 360 designations — positive for channel execution but incremental vs. the larger company story. C1 Preferred Partner status
• Neutral Sentiment: Broader market context: tech stocks were mixed in recent sessions; some industry earnings (Microchip, Gen Digital, News Corp, BlackBerry) are being watched by investors but are not directly tied to Cisco’s fundamentals. Tech stocks mixed

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the company. DZ Bank upgraded Cisco Systems to a "strong-buy" rating in a report on Friday, February 13th. Truist Financial assumed coverage on Cisco Systems in a report on Tuesday, March 31st. They issued a "buy" rating and a $94.00 price target for the company. HSBC increased their price objective on shares of Cisco Systems from $74.00 to $77.00 and gave the stock a "hold" rating in a report on Friday, February 13th. CICC Research boosted their target price on shares of Cisco Systems from $84.00 to $96.00 and gave the stock an "outperform" rating in a research note on Friday, February 13th. Finally, JPMorgan Chase & Co. upped their target price on shares of Cisco Systems from $95.00 to $96.00 and gave the stock an "overweight" rating in a research report on Thursday, April 16th. Three equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and eight have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $90.29.

Cisco Systems Company Profile

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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