Sherman Asset Management Inc. Has $109,000 Holdings in Cisco Systems, Inc. $CSCO

Sherman Asset Management Inc. lessened its stake in Cisco Systems, Inc. (NASDAQ:CSCO) by 86.7% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,405 shares of the network equipment provider’s stock after selling 9,162 shares during the quarter. Sherman Asset Management Inc.’s holdings in Cisco Systems were worth $109,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Norges Bank bought a new stake in shares of Cisco Systems in the 4th quarter valued at about $4,473,272,000. Auto Owners Insurance Co raised its position in shares of Cisco Systems by 8,718.3% in the 4th quarter. Auto Owners Insurance Co now owns 51,952,421 shares of the network equipment provider’s stock valued at $400,190,000 after acquiring an additional 51,363,281 shares during the period. Price T Rowe Associates Inc. MD boosted its stake in Cisco Systems by 103.2% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 29,289,151 shares of the network equipment provider’s stock worth $2,256,144,000 after acquiring an additional 14,874,407 shares during the last quarter. Franklin Resources Inc. grew its holdings in Cisco Systems by 18.0% during the fourth quarter. Franklin Resources Inc. now owns 50,320,905 shares of the network equipment provider’s stock valued at $3,876,219,000 after purchasing an additional 7,679,422 shares during the period. Finally, Invesco Ltd. grew its holdings in Cisco Systems by 11.6% during the fourth quarter. Invesco Ltd. now owns 59,836,782 shares of the network equipment provider’s stock valued at $4,609,227,000 after purchasing an additional 6,224,062 shares during the period. Institutional investors and hedge funds own 73.33% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on CSCO. HSBC upgraded shares of Cisco Systems from a “hold” rating to a “buy” rating and increased their target price for the stock from $77.00 to $137.00 in a report on Friday, May 15th. Morgan Stanley upped their price objective on shares of Cisco Systems from $120.00 to $130.00 and gave the company an “overweight” rating in a research report on Friday, June 12th. Piper Sandler raised their price objective on Cisco Systems from $86.00 to $132.00 and gave the stock a “neutral” rating in a research note on Thursday, May 14th. Wall Street Zen lowered Cisco Systems from a “buy” rating to a “hold” rating in a report on Sunday. Finally, Weiss Ratings raised Cisco Systems from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, May 29th. Three investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $123.14.

Insider Buying and Selling at Cisco Systems

In related news, insider Jeetendra I. Patel sold 7,169 shares of Cisco Systems stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $117.28, for a total value of $840,780.32. Following the sale, the insider owned 246,737 shares of the company’s stock, valued at approximately $28,937,315.36. This trade represents a 2.82% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Charles Robbins sold 21,400 shares of the business’s stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $120.03, for a total value of $2,568,642.00. Following the completion of the sale, the chief executive officer owned 637,085 shares in the company, valued at $76,469,312.55. The trade was a 3.25% 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 sold 47,650 shares of company stock valued at $5,668,823 in the last 90 days. 0.01% of the stock is currently owned by corporate insiders.

Cisco Systems News Summary

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

• Positive Sentiment: Analysts and media continue to highlight Cisco’s strong year-to-date run, supported by rising AI-related orders, networking growth, security momentum, and improved earnings visibility. Cisco Jumps 52% YTD: Is There More Room for the Stock to Rise?
• Positive Sentiment: Cisco also announced a partnership with SuccessKPI to integrate AI-native workforce engagement tools into Webex Contact Center, reinforcing its push into AI-enabled enterprise communications. SuccessKPI Powers Next Generation Hybrid Contact Centers with WEM for Webex Cloud
• Positive Sentiment: Several recent articles remain constructive on Cisco’s AI and cybersecurity positioning, arguing that demand for AI-driven networking and security tools could support further upside. Top Cybersecurity Stocks to Buy Now as AI Changes Tech Defense
• Neutral Sentiment: Technical commentary says CSCO is now in a correction phase after slipping below key short-term support, and the next move may determine whether the longer-term uptrend stays intact. Cisco Systems (CSCO) Price Forecast: Correction Deepens as Key Support Nears
• Neutral Sentiment: Other coverage notes Cisco remains a popular AI and networking beneficiary, but some analysts also point out valuation and trading-range concerns, suggesting the stock may need another catalyst to extend its move. The AI Boom Isn’t Over: 3 Stocks to Buy for 2H 2026
• Negative Sentiment: Today’s weakness appears tied to investors locking in gains after Cisco’s big run, with some reports also citing broader pressure on large tech names and evidence that the stock had become extended. Cisco Systems slips as investors appear to be taking profits after a big post-earnings run

Cisco Systems Trading Down 4.5%

CSCO opened at $111.77 on Thursday. The stock has a market capitalization of $440.53 billion, a P/E ratio of 36.29, a P/E/G ratio of 2.98 and a beta of 1.02. Cisco Systems, Inc. has a 12 month low of $65.75 and a 12 month high of $130.37. The firm’s fifty day simple moving average is $116.74 and its 200 day simple moving average is $92.98. The company has a current ratio of 0.92, a quick ratio of 0.81 and a debt-to-equity ratio of 0.40.

Cisco Systems (NASDAQ:CSCO) last released its earnings results on Wednesday, May 13th. The network equipment provider reported $1.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.03 by $0.03. Cisco Systems had a return on equity of 28.44% and a net margin of 20.14%.The firm had revenue of $15.84 billion during the quarter, compared to analysts’ expectations of $15.56 billion. During the same quarter in the prior year, the company earned $0.96 EPS. 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. As a group, research analysts anticipate that Cisco Systems, Inc. will post 3.54 EPS for the current fiscal year.

Cisco Systems Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 22nd. Investors of record on Monday, July 6th will be issued a dividend of $0.42 per share. The ex-dividend date is Monday, July 6th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.5%. Cisco Systems’s dividend payout ratio (DPR) is presently 54.55%.

About Cisco Systems

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.