Anchor Investment Management LLC Boosts Position in Cisco Systems, Inc. $CSCO

Anchor Investment Management LLC lifted its position in Cisco Systems, Inc. (NASDAQ:CSCO) by 72.7% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 90,052 shares of the network equipment provider’s stock after purchasing an additional 37,896 shares during the quarter. Anchor Investment Management LLC’s holdings in Cisco Systems were worth $10,578,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of CSCO. BlackRock Inc. acquired a new position in Cisco Systems during the 2nd quarter worth about $42,129,647,000. Norges Bank purchased a new stake in Cisco Systems during the fourth quarter worth about $4,473,272,000. Auto Owners Insurance Co increased its stake in Cisco Systems by 8,718.3% during the fourth quarter. Auto Owners Insurance Co now owns 51,952,421 shares of the network equipment provider’s stock worth $400,190,000 after purchasing an additional 51,363,281 shares during the period. Bank of America Corp DE acquired a new stake in shares of Cisco Systems during the second quarter worth about $5,892,379,000. Finally, Bank of New York Mellon Corp purchased a new position in shares of Cisco Systems in the second quarter valued at approximately $4,714,574,000. 73.33% of the stock is currently owned by institutional investors and hedge funds.

Cisco Systems News Summary

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

• Positive Sentiment: Expanded NVIDIA partnership targets enterprise AI. Cisco and NVIDIA are bringing agentic AI capabilities to Splunk customers, including on-premises deployments through Cisco AI POD for Splunk. The companies also introduced tools for AI security automation, spending visibility and real-time tracking of AI-agent usage. These offerings could support higher software adoption and enterprise demand. Cisco Delivers Trusted AI at Scale Through New Splunk Advancements
• Positive Sentiment: Splunk deepens ties with NVIDIA and AWS. New observability tools are designed to monitor AI-agent performance, behavior and risks, while Tokenomics helps customers forecast AI costs. The combination of Cisco infrastructure, Splunk software and cloud partnerships reinforces the company’s broader AI monetization strategy. Cisco Systems Stock: Splunk Deepens NVIDIA and AWS Ties for Enterprise AI Tools
• Positive Sentiment: Longer-term technology initiatives add strategic upside. Cisco joined Verizon’s 6G Innovation Forum and is working with Infleqtion on distributed quantum networking using Cisco’s Universal Quantum Switch. These projects are early-stage, but they could expand Cisco’s role in next-generation telecom and computing infrastructure. Cisco Takes a Formal Role in 6G and Quantum Networking
• Neutral Sentiment: Executive appointment at Crosspoint Capital is unlikely to materially affect CSCO. Former Cisco emerging-technologies leader Panos Kozanian joined Crosspoint Capital’s operating team. The move highlights the value of Cisco’s technology talent but does not change Cisco’s operations or financial outlook. Crosspoint Capital Adds Former Cisco Executive
• Negative Sentiment: Two executive stock sales create a modest cautionary signal. EVPs Oliver Tuszik and Thimaya Subaiya sold 680 and 312 shares, respectively, in transactions conducted under pre-arranged Rule 10b5-1 plans. The sales reduced their holdings by less than 1% each, limiting their significance.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on CSCO shares. KeyCorp lifted their price objective on shares of Cisco Systems from $130.00 to $135.00 and gave the company an “overweight” rating in a report on Thursday, August 13th. Morgan Stanley raised their price target on shares of Cisco Systems from $130.00 to $135.00 and gave the company an “overweight” rating in a research report on Thursday, August 13th. Bank of America boosted their price target on shares of Cisco Systems from $135.00 to $150.00 and gave the stock a “buy” rating in a research note on Monday, June 8th. HSBC lowered Cisco Systems from a “buy” rating to a “hold” rating and cut their price objective for the stock from $137.00 to $120.00 in a research report on Friday, August 14th. Finally, Barclays increased their price objective on Cisco Systems from $121.00 to $123.00 and gave the company an “equal weight” rating in a research note on Thursday, August 13th. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, Cisco Systems presently has a consensus rating of “Moderate Buy” and a consensus price target of $129.68.

Cisco Systems Stock Up 0.0%

Cisco Systems stock traded up $0.01 during trading on Tuesday, reaching $110.07. The stock had a trading volume of 15,598,722 shares, compared to its average volume of 22,708,729. The company has a quick ratio of 0.79, a current ratio of 0.93 and a debt-to-equity ratio of 0.39. Cisco Systems, Inc. has a 52-week low of $66.38 and a 52-week high of $130.37. The stock has a market cap of $433.96 billion, a PE ratio of 32.96, a P/E/G ratio of 2.34 and a beta of 1.00. The business has a 50 day moving average price of $113.58 and a 200 day moving average price of $103.71.

Cisco Systems (NASDAQ:CSCO) last announced its quarterly earnings data on Wednesday, August 12th. The network equipment provider reported $1.22 EPS for the quarter, beating analysts’ consensus estimates of $1.17 by $0.05. Cisco Systems had a net margin of 20.95% and a return on equity of 30.16%. The company had revenue of $17.25 billion for the quarter, compared to the consensus estimate of $16.84 billion. During the same period in the prior year, the firm posted $0.99 EPS. The company’s quarterly revenue was up 17.6% compared to the same quarter last year. 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. On average, analysts predict that Cisco Systems, Inc. will post 4.43 EPS for the current year.

Cisco Systems Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 21st. Shareholders of record on Friday, October 2nd will be issued a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend is Friday, October 2nd. Cisco Systems’s payout ratio is 50.30%.

Insider Activity at Cisco Systems

In other news, EVP Thimaya Subaiya sold 312 shares of the company’s stock in a transaction dated Monday, September 14th. The stock was sold at an average price of $110.18, for a total transaction of $34,376.16. Following the completion of the transaction, the executive vice president directly owned 127,661 shares of the company’s stock, valued at approximately $14,065,688.98. This represents a 0.24% decrease in their position. The transaction 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, CEO Charles Robbins sold 21,628 shares of the stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $111.54, for a total value of $2,412,387.12. Following the completion of the transaction, the chief executive officer owned 602,710 shares in the company, valued at approximately $67,226,273.40. The trade was a 3.46% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 44,869 shares of company stock worth $5,005,620 over the last three months. Company insiders own 0.01% of the company’s stock.

About Cisco Systems

Cisco Systems, Inc is a global technology company that provides networking, cybersecurity, collaboration, observability and other information technology solutions. Its offerings include routers, switches, wireless networking equipment, data center infrastructure, security platforms, unified communications tools and software designed to help organizations connect, manage and protect their digital environments.

Cisco serves businesses, government agencies, educational institutions, telecommunications providers and other organizations worldwide.