Catalyst Investment Management LLC Invests $396,000 in Cisco Systems, Inc. $CSCO

Catalyst Investment Management LLC acquired a new position in Cisco Systems, Inc. (NASDAQ:CSCOFree Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 5,143 shares of the network equipment provider’s stock, valued at approximately $396,000.

Several other large investors have also recently added to or reduced their stakes in the business. MidAtlantic Capital Management Inc. acquired a new position in Cisco Systems during the 4th quarter worth $25,000. Intesa Sanpaolo Wealth Management bought a new position in shares of Cisco Systems in the fourth quarter worth $25,000. Jessup Wealth Management Inc acquired a new position in shares of Cisco Systems during the fourth quarter valued at $29,000. Board of the Pension Protection Fund acquired a new position in shares of Cisco Systems during the fourth quarter valued at $31,000. Finally, EQ Wealth Advisors LLC bought a new stake in shares of Cisco Systems during the fourth quarter valued at about $31,000. 73.33% of the stock is currently owned by institutional investors and hedge funds.

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

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the stock. Evercore upped their price objective on shares of Cisco Systems from $110.00 to $150.00 and gave the stock an “outperform” rating in a report on Thursday, May 14th. Weiss Ratings raised shares of Cisco Systems from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, May 29th. HSBC upgraded shares of Cisco Systems from a “hold” rating to a “buy” rating and boosted their price target for the stock from $77.00 to $137.00 in a research report on Friday, May 15th. Truist Financial began coverage on shares of Cisco Systems in a research note on Tuesday, March 31st. They issued a “buy” rating and a $94.00 price target for the company. Finally, BNP Paribas Exane increased their price objective on shares of Cisco Systems from $87.00 to $132.00 and gave the company an “outperform” rating in a report on Thursday, May 14th. Two analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $122.90.

Read Our Latest Research Report on CSCO

Insider Buying and Selling

In other Cisco Systems news, CEO Charles Robbins sold 21,400 shares of the company’s stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $120.03, for a total value of $2,568,642.00. Following the transaction, the chief executive officer owned 637,085 shares of the company’s stock, valued at approximately $76,469,312.55. This represents a 3.25% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Thimaya K. Subaiya sold 7,127 shares of the stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $119.91, for a total value of $854,598.57. Following the sale, the executive vice president owned 140,857 shares of the company’s stock, valued at $16,890,162.87. This trade represents a 4.82% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 47,650 shares of company stock valued at $5,668,823 in the last three months. Insiders own 0.01% of the company’s stock.

Cisco Systems Stock Up 1.9%

CSCO opened at $119.54 on Friday. Cisco Systems, Inc. has a one year low of $65.72 and a one year high of $130.37. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.81 and a current ratio of 0.92. The stock’s fifty day moving average is $105.43 and its 200-day moving average is $87.78. The company has a market capitalization of $471.16 billion, a PE ratio of 38.81, a P/E/G ratio of 2.99 and a beta of 1.01.

Cisco Systems (NASDAQ:CSCOGet Free Report) last announced its quarterly earnings data on Wednesday, May 13th. The network equipment provider reported $1.06 earnings per share for the quarter, beating the consensus estimate of $1.03 by $0.03. Cisco Systems had a return on equity of 28.44% and a net margin of 20.14%.The business had revenue of $15.84 billion during the quarter, compared to analyst estimates of $15.56 billion. During the same quarter in the prior year, the firm posted $0.96 earnings per share. The company’s revenue 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. On average, equities analysts predict that Cisco Systems, Inc. will post 3.54 EPS for the current fiscal year.

Cisco Systems Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 22nd. Shareholders of record on Monday, July 6th will be given a $0.42 dividend. The ex-dividend date is Monday, July 6th. This represents a $1.68 annualized dividend and a yield of 1.4%. Cisco Systems’s payout ratio is 54.55%.

About Cisco Systems

(Free Report)

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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Institutional Ownership by Quarter for Cisco Systems (NASDAQ:CSCO)

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