Texas Capital Bank Wealth Management Services Inc Increases Position in Cisco Systems, Inc. $CSCO

Key Points

• Texas Capital Bank Wealth Management Services boosted its Cisco stake by 79.5% in the fourth quarter, ending with 27,195 shares valued at about $2.1 million.
• Cisco reported better-than-expected quarterly results, with EPS of $1.06 and revenue of $15.84 billion, both topping analyst estimates. The company also raised guidance for Q4 2026 and FY 2026.
• Analysts remain broadly constructive on Cisco, with several firms raising price targets; the consensus rating is Moderate Buy and the average target price is about $119.09. Cisco also announced a quarterly dividend of $0.42 per share.

Texas Capital Bank Wealth Management Services Inc increased its holdings in Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 79.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 27,195 shares of the network equipment provider's stock after purchasing an additional 12,047 shares during the quarter. Texas Capital Bank Wealth Management Services Inc's holdings in Cisco Systems were worth $2,095,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Fidelis Capital Partners LLC lifted its stake in Cisco Systems by 5.7% in the 4th quarter. Fidelis Capital Partners LLC now owns 73,493 shares of the network equipment provider's stock worth $5,661,000 after purchasing an additional 3,954 shares in the last quarter. Knights of Columbus Asset Advisors LLC raised its position in shares of Cisco Systems by 7.5% during the 4th quarter. Knights of Columbus Asset Advisors LLC now owns 277,951 shares of the network equipment provider's stock valued at $21,411,000 after buying an additional 19,345 shares during the period. Expressive Wealth LLC purchased a new stake in shares of Cisco Systems during the 4th quarter valued at approximately $616,000. GHE LLC raised its position in shares of Cisco Systems by 7.0% during the 4th quarter. GHE LLC now owns 30,492 shares of the network equipment provider's stock valued at $2,349,000 after buying an additional 2,000 shares during the period. Finally, Syverson Strege & Co raised its position in shares of Cisco Systems by 2.2% during the 4th quarter. Syverson Strege & Co now owns 9,033 shares of the network equipment provider's stock valued at $696,000 after buying an additional 192 shares during the period. 73.33% of the stock is owned by hedge funds and other institutional investors.

Cisco Systems Price Performance

Cisco Systems stock opened at $119.67 on Thursday. The stock has a market cap of $471.67 billion, a P/E ratio of 38.85, a price-to-earnings-growth ratio of 3.60 and a beta of 0.92. The company has a fifty day simple moving average of $91.81 and a 200-day simple moving average of $82.58. Cisco Systems, Inc. has a 12-month low of $62.30 and a 12-month high of $120.79. The company has a current ratio of 0.92, a quick ratio of 0.81 and a debt-to-equity ratio of 0.40.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last released its quarterly earnings data on Wednesday, May 13th. The network equipment provider reported $1.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.03 by $0.03. Cisco Systems had a net margin of 20.14% and a return on equity of 28.44%. The business had revenue of $15.84 billion during the quarter, compared to analysts' expectations of $15.56 billion. During the same period in the previous year, the company earned $0.96 EPS. The company's revenue for the quarter was up 12.0% on a year-over-year basis. 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. Equities analysts expect that Cisco Systems, Inc. will post 3.44 EPS for the current fiscal year.

Cisco Systems Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 22nd. Stockholders of record on Monday, July 6th will be paid a dividend of $0.42 per share. 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 payout ratio is 54.55%.

Analyst Upgrades and Downgrades

CSCO has been the topic of several analyst reports. KeyCorp lifted their price target on shares of Cisco Systems from $87.00 to $125.00 and gave the company an "overweight" rating in a research report on Thursday, May 14th. The Goldman Sachs Group lifted their target price on shares of Cisco Systems from $75.00 to $116.00 and gave the company a "neutral" rating in a report on Thursday, May 14th. Piper Sandler lifted their target price on shares of Cisco Systems from $86.00 to $132.00 and gave the company a "neutral" rating in a report on Thursday, May 14th. Bank of America lifted their target price on shares of Cisco Systems from $114.00 to $135.00 and gave the company a "buy" rating in a report on Tuesday. Finally, JPMorgan Chase & Co. lifted their target price on shares of Cisco Systems from $95.00 to $96.00 in a report on Monday, May 11th. Two analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $119.09.

Trending Headlines about Cisco Systems

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

• Positive Sentiment: Bank of America raised its price target on Cisco to $135 from $114 and reiterated a Buy rating, citing stronger demand for high-speed optical networking gear tied to AI infrastructure spending. BofA raises Cisco, Ciena targets as AI optics boom accelerates
• Positive Sentiment: Rosenblatt also lifted its price target on Cisco to $150 from $100 and kept a Buy rating after the company’s latest quarterly results, reinforcing optimism around earnings and forward guidance. Rosenblatt Raises its Price Target on Cisco Systems (CSCO)
• Positive Sentiment: Recent coverage continues to frame Cisco as a beneficiary of the AI buildout, with articles highlighting record results and strong momentum in networking demand. AI Buildout Fuels Record Results for These Companies
• Positive Sentiment: Qumulo and Cisco unveiled a new CloudBridge architecture designed to help enterprises extend file workloads into the cloud, which adds to the market’s view that Cisco is benefiting from AI and cloud infrastructure trends. Qumulo and Cisco Deliver Industry-First CloudBridge Architecture...
• Neutral Sentiment: Several momentum-focused articles are spotlighting Cisco as a strong stock pick, but these are largely commentary pieces rather than new business developments. Are You Looking for a Top Momentum Pick? Why Cisco Systems (CSCO) is a Great Choice
• Neutral Sentiment: CEO Charles Robbins sold 21,400 shares under a pre-arranged 10b5-1 plan; while notable, the sale was routine and does not necessarily signal a change in fundamentals. SEC filing

Insider Buying and Selling at Cisco Systems

In other news, CEO Charles Robbins sold 21,400 shares of the business's stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $120.03, for a total transaction of $2,568,642.00. Following the transaction, the chief executive officer directly owned 637,085 shares in the company, valued at $76,469,312.55. The trade was a 3.25% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Deborah L. Stahlkopf sold 7,981 shares of the company's stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $79.50, for a total transaction of $634,489.50. Following the transaction, the executive vice president owned 187,097 shares in the company, valued at $14,874,211.50. The trade was a 4.09% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 51,324 shares of company stock valued at $5,559,834. Insiders own 0.01% of the company's stock.

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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