Worth Asset Management LLC Sells 9,069 Shares of Cisco Systems, Inc. $CSCO

Key Points

• Worth Asset Management cut its Cisco stake by 53.8% in the third quarter, selling 9,069 shares and retaining 7,773 shares valued at approximately $837,000. Institutional investors and hedge funds collectively own 73.33% of Cisco.
• Cisco shares recently traded at $118.15, while the company reported quarterly earnings of $1.22 per share and revenue of $17.25 billion, exceeding analyst expectations. Revenue increased 17.6% year over year.
• Cisco declared a quarterly dividend of $0.42 per share, equivalent to an annualized $1.68 and a 1.4% yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $128.52.

Worth Asset Management LLC cut its position in shares of Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 53.8% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 7,773 shares of the network equipment provider's stock after selling 9,069 shares during the quarter. Worth Asset Management LLC's holdings in Cisco Systems were worth $837,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. Cozad Asset Management Inc. lifted its stake in Cisco Systems by 0.3% in the first quarter. Cozad Asset Management Inc. now owns 26,203 shares of the network equipment provider's stock worth $2,033,000 after acquiring an additional 87 shares during the period. Dogwood Wealth Management LLC increased its position in Cisco Systems by 3.9% during the 2nd quarter. Dogwood Wealth Management LLC now owns 2,413 shares of the network equipment provider's stock valued at $283,000 after purchasing an additional 90 shares during the period. August Group Capital Ltd raised its holdings in shares of Cisco Systems by 2.0% in the 2nd quarter. August Group Capital Ltd now owns 4,723 shares of the network equipment provider's stock valued at $555,000 after purchasing an additional 91 shares in the last quarter. Financial Insights Inc. lifted its position in shares of Cisco Systems by 1.5% in the 1st quarter. Financial Insights Inc. now owns 6,220 shares of the network equipment provider's stock worth $483,000 after purchasing an additional 92 shares during the period. Finally, CPA Asset Management Group LLC boosted its stake in shares of Cisco Systems by 1.8% during the second quarter. CPA Asset Management Group LLC now owns 5,335 shares of the network equipment provider's stock valued at $627,000 after purchasing an additional 93 shares in the last quarter. Institutional investors and hedge funds own 73.33% of the company's stock.

Cisco Systems Stock Up 0.2%

Shares of CSCO stock traded up $0.21 during trading hours on Wednesday, reaching $118.15. 5,733,496 shares of the company's stock were exchanged, compared to its average volume of 22,487,277. The stock's 50 day moving average is $112.01 and its 200-day moving average is $107.16. The company has a market cap of $465.83 billion, a price-to-earnings ratio of 35.37, a P/E/G ratio of 2.36 and a beta of 0.99. The company has a current ratio of 0.93, a quick ratio of 0.79 and a debt-to-equity ratio of 0.39. Cisco Systems, Inc. has a fifty-two week low of $66.81 and a fifty-two week high of $130.37.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last posted 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 return on equity of 30.16% and a net margin of 20.95%.The firm had revenue of $17.25 billion during the quarter, compared to analysts' expectations of $16.84 billion. During the same quarter last year, the firm earned $0.99 EPS. The business's quarterly revenue was up 17.6% on a year-over-year basis. 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. Analysts predict that Cisco Systems, Inc. will post 4.41 earnings per share for the current fiscal year.

Cisco Systems Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 21st. Shareholders of record on Friday, October 2nd will be paid a dividend of $0.42 per share. The ex-dividend date is Friday, October 2nd. This represents a $1.68 dividend on an annualized basis and a yield of 1.4%. Cisco Systems's dividend payout ratio is presently 50.30%.

Cisco Systems News Summary

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

• Positive Sentiment: Agentic AI expansion: Cisco unveiled new Webex agentic collaboration features at WebexOne 2026, including Claude in Webex and managed agents that can analyze data, create content and execute tasks using enterprise context. The initiative strengthens Cisco’s positioning in AI-enabled collaboration and could support software and recurring-revenue growth. Cisco Unveils New Agentic Collaboration Experiences
• Positive Sentiment: AI infrastructure channel momentum: Supermicro servers entering Cisco’s AI Factory channel and broader demand for AI networking reinforce expectations that Cisco can benefit from data-center buildouts, sovereign AI projects and higher demand for high-speed networking equipment. Cisco Stock Gains as Supermicro Servers Enter Its AI Factory Channel
• Positive Sentiment: Collaboration and security extensions: Webex now supports compliant WhatsApp communications through LeapXpert, while Quantum XChange joined Cisco’s networking marketplace with post-quantum security technology. These additions broaden Cisco’s collaboration, compliance and cybersecurity offerings. Cisco Collaboration Unit Adds WhatsApp to Webex
• Neutral Sentiment: Industry backdrop remains favorable: Analysts continue to highlight strong AI-networking demand across Cisco, Arista and Ciena. However, reports of supply constraints affecting Ciena show that demand is strong but execution and component availability could influence how quickly vendors convert demand into revenue. AI Networking Demand Lifts Cisco and Peers
• Neutral Sentiment: Valuation may temper gains: Cisco trades at roughly 35 times earnings after a strong 12-month advance. Its prior quarter beat estimates and revenue grew 17.6%, but investors may require continued AI-driven growth to justify the premium valuation.

Insider Buying and Selling at Cisco Systems

In other Cisco Systems news, insider Jeetendra I. Patel sold 7,170 shares of Cisco Systems stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $111.57, for a total transaction of $799,956.90. Following the completion of the sale, the insider owned 230,593 shares of the company's stock, valued at approximately $25,727,261.01. The trade was a 3.02% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Oliver Tuszik sold 680 shares of the stock in a transaction dated Monday, September 14th. The shares were sold at an average price of $110.18, for a total value of $74,922.40. Following the completion of the transaction, the executive vice president directly owned 163,337 shares in the company, valued at $17,996,470.66. This represents a 0.41% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 44,869 shares of company stock valued at $5,005,620. Company insiders own 0.01% of the company's stock.

Wall Street Analyst Weigh In

CSCO has been the topic of several research reports. Freedom Capital raised shares of Cisco Systems from a "hold" rating to a "strong-buy" rating in a report on Sunday, August 16th. Truist Financial increased their target price on Cisco Systems from $125.00 to $140.00 and gave the company a "buy" rating in a research report on Thursday, August 13th. Morgan Stanley lifted their price target on Cisco Systems from $130.00 to $135.00 and gave the company an "overweight" rating in a report on Thursday, August 13th. Weiss Ratings restated a "buy (b)" rating on shares of Cisco Systems in a research note on Wednesday, August 26th. Finally, UBS Group raised their price objective on Cisco Systems from $132.00 to $138.00 and gave the company a "buy" rating in a research report on Thursday, August 13th. Three analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and seven have issued a Hold rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $128.52.

About Cisco Systems

Cisco Systems, Inc is a global technology company that develops networking, cybersecurity, collaboration, observability and data center solutions. Its products and services help businesses, governments, educational institutions and other organizations connect users and devices, manage infrastructure, protect digital environments and support cloud-based operations.

Cisco's portfolio includes routers and switches, wireless networking equipment, network management software, firewalls, identity and access tools, endpoint security products, collaboration applications and observability platforms.

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