Twin Capital Management Inc. Increases Stock Position in Cisco Systems, Inc. $CSCO

Twin Capital Management Inc. grew its holdings in Cisco Systems, Inc. (NASDAQ:CSCO) by 20.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 46,686 shares of the network equipment provider’s stock after purchasing an additional 7,847 shares during the quarter. Twin Capital Management Inc.’s holdings in Cisco Systems were worth $3,239,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the stock. Drive Wealth Management LLC lifted its stake in shares of Cisco Systems by 2.7% in the second quarter. Drive Wealth Management LLC now owns 16,605 shares of the network equipment provider’s stock worth $1,152,000 after acquiring an additional 436 shares in the last quarter. Kornitzer Capital Management Inc. KS grew its stake in Cisco Systems by 0.7% during the 1st quarter. Kornitzer Capital Management Inc. KS now owns 892,064 shares of the network equipment provider’s stock valued at $55,049,000 after purchasing an additional 6,501 shares in the last quarter. Shell Asset Management Co. increased its holdings in Cisco Systems by 53.3% during the 2nd quarter. Shell Asset Management Co. now owns 77,234 shares of the network equipment provider’s stock worth $5,358,000 after purchasing an additional 26,840 shares during the last quarter. Guinness Asset Management LTD raised its position in shares of Cisco Systems by 15.9% in the 2nd quarter. Guinness Asset Management LTD now owns 4,389,728 shares of the network equipment provider’s stock valued at $304,451,000 after purchasing an additional 603,131 shares in the last quarter. Finally, Acadian Asset Management LLC boosted its stake in shares of Cisco Systems by 255.9% during the 1st quarter. Acadian Asset Management LLC now owns 7,819,547 shares of the network equipment provider’s stock valued at $482,509,000 after buying an additional 5,622,672 shares during the last quarter. 73.33% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on CSCO shares. CICC Research started coverage on shares of Cisco Systems in a report on Monday, July 14th. They issued an “outperform” rating and a $78.00 price target on the stock. Wells Fargo & Company upped their target price on shares of Cisco Systems from $75.00 to $83.00 and gave the company an “overweight” rating in a research note on Thursday, August 14th. Hsbc Global Res downgraded Cisco Systems from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 15th. Rosenblatt Securities restated a “buy” rating and set a $87.00 price objective on shares of Cisco Systems in a research note on Thursday, August 14th. Finally, Barclays increased their target price on Cisco Systems from $66.00 to $71.00 and gave the stock an “equal weight” rating in a report on Thursday, August 14th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $75.50.

Cisco Systems Stock Down 0.3%

Shares of Cisco Systems stock opened at $72.10 on Thursday. Cisco Systems, Inc. has a twelve month low of $52.11 and a twelve month high of $74.84. The stock has a market capitalization of $284.13 billion, a price-to-earnings ratio of 27.52, a PEG ratio of 3.00 and a beta of 0.97. The company has a current ratio of 1.00, a quick ratio of 0.91 and a debt-to-equity ratio of 0.49. The business’s 50 day simple moving average is $69.12 and its 200-day simple moving average is $66.63.

Cisco Systems (NASDAQ:CSCO) last issued its earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share for the quarter, topping the consensus estimate of $0.98 by $0.01. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The firm had revenue of $14.67 billion for the quarter, compared to analyst estimates of $14.63 billion. During the same period last year, the company earned $0.87 earnings per share. The firm’s revenue for the quarter was up 7.6% on a year-over-year basis. Cisco Systems has set its Q1 2026 guidance at 0.970-0.990 EPS. FY 2026 guidance at 4.000-4.060 EPS. Equities research analysts forecast that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.

Cisco Systems Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 22nd. Shareholders of record on Friday, October 3rd were given a $0.41 dividend. The ex-dividend date was Friday, October 3rd. This represents a $1.64 annualized dividend and a yield of 2.3%. Cisco Systems’s dividend payout ratio is 62.60%.

Insider Buying and Selling

In related news, CEO Charles Robbins sold 30,557 shares of the firm’s stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $66.63, for a total value of $2,036,012.91. Following the sale, the chief executive officer directly owned 639,000 shares in the company, valued at $42,576,570. This trade represents a 4.56% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Deborah L. Stahlkopf sold 2,718 shares of Cisco Systems stock in a transaction on Thursday, September 11th. The shares were sold at an average price of $68.08, for a total value of $185,041.44. Following the sale, the executive vice president directly owned 157,184 shares in the company, valued at $10,701,086.72. The trade was a 1.70% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 82,965 shares of company stock valued at $5,559,996 in the last ninety days. Insiders own 0.01% of the company’s stock.

Cisco Systems Company Profile

Cisco Systems, Inc designs, manufactures, and sells Internet Protocol based networking and other products related to the communications and information technology industry in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and China. The company also offers switching portfolio encompasses campus switching as well as data center switching; enterprise routing portfolio interconnects public and private wireline and mobile networks, delivering highly secure, and reliable connectivity to campus, data center and branch networks; wireless products include wireless access points and controllers; and compute portfolio including the cisco unified computing system, hyperflex, and software management capabilities, which combine computing, networking, and storage infrastructure management and virtualization.