Cisco Systems (NASDAQ:CSCO) Trading Up 1.5% – Here’s What Happened

Shares of Cisco Systems, Inc. (NASDAQ:CSCO) were up 1.5% on Thursday . The company traded as high as $83.31 and last traded at $82.36. Approximately 24,161,569 shares changed hands during trading, an increase of 15% from the average daily volume of 21,081,904 shares. The stock had previously closed at $81.16.

Analysts Set New Price Targets

Several brokerages have commented on CSCO. Rosenblatt Securities boosted their target price on shares of Cisco Systems from $87.00 to $100.00 and gave the stock a “buy” rating in a research report on Thursday, November 13th. HSBC boosted their price objective on shares of Cisco Systems from $69.00 to $74.00 and gave the stock a “hold” rating in a report on Friday, November 14th. Argus increased their target price on shares of Cisco Systems from $80.00 to $100.00 in a report on Thursday, November 13th. Evercore ISI lifted their price target on shares of Cisco Systems from $100.00 to $175.00 and gave the company an “outperform” rating in a research report on Tuesday. Finally, President Capital lowered their price target on Cisco Systems from $90.00 to $88.00 in a report on Wednesday, December 24th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $90.38.

Cisco Systems Stock Up 1.5%

The company has a market cap of $325.41 billion, a PE ratio of 30.96, a P/E/G ratio of 3.14 and a beta of 0.87. The firm has a 50-day simple moving average of $77.07 and a two-hundred day simple moving average of $72.41. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.93 and a quick ratio of 0.83.

Cisco Systems (NASDAQ:CSCO) last posted its quarterly earnings data on Wednesday, November 12th. The network equipment provider reported $1.00 EPS for the quarter, beating analysts’ consensus estimates of $0.98 by $0.02. Cisco Systems had a return on equity of 27.29% and a net margin of 18.38%.The business had revenue of $14.88 billion for the quarter, compared to analyst estimates of $14.77 billion. During the same quarter last year, the company earned $0.91 earnings per share. The business’s revenue for the quarter was up 7.5% compared to the same quarter last year. 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. Research analysts anticipate that Cisco Systems, Inc. will post 3.04 earnings per share for the current fiscal year.

Cisco Systems Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 21st. Shareholders of record on Friday, January 2nd were paid a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend was Friday, January 2nd. Cisco Systems’s dividend payout ratio is currently 61.65%.

Insider Buying and Selling at Cisco Systems

In other news, SVP Maria Victoria Wong sold 428 shares of the company’s stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $80.33, for a total transaction of $34,381.24. Following the completion of the transaction, the senior vice president owned 32,176 shares of the company’s stock, valued at $2,584,698.08. This represents a 1.31% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Michael D. Capellas sold 10,850 shares of the firm’s stock in a transaction that occurred on Friday, December 19th. The stock was sold at an average price of $77.13, for a total transaction of $836,860.50. Following the completion of the sale, the director directly owned 146,368 shares in the company, valued at $11,289,363.84. This represents a 6.90% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 1,044,865 shares of company stock valued at $81,397,635. 0.01% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Cisco Systems

Large investors have recently bought and sold shares of the stock. Bare Financial Services Inc increased its stake in Cisco Systems by 531.0% during the second quarter. Bare Financial Services Inc now owns 366 shares of the network equipment provider’s stock worth $25,000 after acquiring an additional 308 shares during the last quarter. Marquette Asset Management LLC purchased a new stake in shares of Cisco Systems during the 3rd quarter worth about $25,000. Financial Connections Group Inc. increased its position in Cisco Systems by 89.4% during the 2nd quarter. Financial Connections Group Inc. now owns 409 shares of the network equipment provider’s stock worth $28,000 after purchasing an additional 193 shares in the last quarter. Legacy Investment Solutions LLC purchased a new position in Cisco Systems in the second quarter valued at approximately $28,000. Finally, Lowe Wealth Advisors LLC raised its holdings in Cisco Systems by 96.2% in the third quarter. Lowe Wealth Advisors LLC now owns 408 shares of the network equipment provider’s stock valued at $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.

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.