Lbp Am Sa Cuts Holdings in Cisco Systems, Inc. $CSCO

Lbp Am Sa decreased its position in Cisco Systems, Inc. (NASDAQ:CSCO) by 4.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 564,834 shares of the network equipment provider’s stock after selling 28,998 shares during the quarter. Lbp Am Sa’s holdings in Cisco Systems were worth $38,646,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Bare Financial Services Inc boosted its holdings in shares of Cisco Systems by 531.0% in the second quarter. Bare Financial Services Inc now owns 366 shares of the network equipment provider’s stock valued at $25,000 after acquiring an additional 308 shares during the period. Marquette Asset Management LLC acquired a new stake in shares of Cisco Systems during the third quarter worth about $25,000. Financial Connections Group Inc. lifted its holdings in shares of Cisco Systems by 89.4% in the 2nd quarter. Financial Connections Group Inc. now owns 409 shares of the network equipment provider’s stock valued at $28,000 after buying an additional 193 shares during the period. Legacy Investment Solutions LLC acquired a new position in Cisco Systems in the 2nd quarter valued at $28,000. Finally, Lowe Wealth Advisors LLC lifted its position in Cisco Systems by 96.2% during the third quarter. Lowe Wealth Advisors LLC now owns 408 shares of the network equipment provider’s stock worth $28,000 after buying an additional 200 shares during the period. Hedge funds and other institutional investors own 73.33% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on CSCO shares. Barclays upped their price target on shares of Cisco Systems from $71.00 to $76.00 and gave the stock an “equal weight” rating in a research report on Thursday, November 13th. Rosenblatt Securities raised their price objective on Cisco Systems from $87.00 to $100.00 and gave the stock a “buy” rating in a report on Thursday, November 13th. Erste Group Bank raised shares of Cisco Systems from a “hold” rating to a “buy” rating in a research report on Monday, November 10th. KeyCorp upped their price target on shares of Cisco Systems from $77.00 to $87.00 and gave the stock an “overweight” rating in a research report on Thursday, November 13th. Finally, BNP Paribas Exane upped their target price on Cisco Systems from $76.00 to $86.00 and gave the stock an “outperform” rating in a research report on Thursday, November 13th. Fifteen research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $85.86.

Insider Transactions at Cisco Systems

In other Cisco Systems news, CEO Charles Robbins sold 281,860 shares of the firm’s stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $78.35, for a total value of $22,083,731.00. Following the sale, the chief executive officer owned 820,887 shares in the company, valued at approximately $64,316,496.45. This trade represents a 25.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Deborah L. Stahlkopf sold 164,584 shares of the company’s stock in a transaction on Friday, November 14th. The shares were sold at an average price of $77.85, for a total value of $12,812,864.40. Following the completion of the sale, the executive vice president owned 196,738 shares of the company’s stock, valued at approximately $15,316,053.30. This trade represents a 45.55% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 1,044,865 shares of company stock worth $81,397,635 in the last quarter. 0.01% of the stock is currently owned by corporate insiders.

Cisco Systems Trading Up 0.3%

Shares of CSCO opened at $74.59 on Monday. Cisco Systems, Inc. has a one year low of $52.11 and a one year high of $80.82. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.83 and a current ratio of 0.93. The company has a market capitalization of $294.71 billion, a P/E ratio of 28.04, a P/E/G ratio of 2.82 and a beta of 0.87. The stock has a 50-day moving average price of $76.62 and a 200 day moving average price of $71.78.

Cisco Systems (NASDAQ:CSCO) last issued its earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.98 by $0.02. The business had revenue of $14.88 billion for the quarter, compared to analyst estimates of $14.77 billion. Cisco Systems had a net margin of 18.38% and a return on equity of 27.29%. The company’s revenue for the quarter was up 7.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.91 EPS. Cisco Systems has set its FY 2026 guidance at 4.080-4.140 EPS and its Q2 2026 guidance at 1.010-1.030 EPS. Sell-side analysts forecast that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.

Cisco Systems Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 21st. Investors of record on Friday, January 2nd were given a $0.41 dividend. The ex-dividend date was Friday, January 2nd. This represents a $1.64 annualized dividend and a yield of 2.2%. Cisco Systems’s dividend payout ratio (DPR) is currently 61.65%.

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.