Cisco Systems, Inc. $CSCO Shares Sold by Artemis Investment Management LLP

Artemis Investment Management LLP trimmed its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 6.1% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 3,097,205 shares of the network equipment provider’s stock after selling 200,673 shares during the period. Cisco Systems comprises 2.6% of Artemis Investment Management LLP’s holdings, making the stock its 4th largest holding. Artemis Investment Management LLP’s holdings in Cisco Systems were worth $333,352,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the business. Titleist Asset Management LLC grew its holdings in shares of Cisco Systems by 10.7% during the third quarter. Titleist Asset Management LLC now owns 5,205 shares of the network equipment provider’s stock valued at $560,000 after buying an additional 503 shares during the last quarter. Apella Capital LLC raised its stake in Cisco Systems by 11.8% in the 3rd quarter. Apella Capital LLC now owns 35,109 shares of the network equipment provider’s stock worth $3,779,000 after acquiring an additional 3,695 shares during the last quarter. Everhart Financial Group Inc. lifted its position in Cisco Systems by 4.0% during the 3rd quarter. Everhart Financial Group Inc. now owns 40,042 shares of the network equipment provider’s stock worth $4,443,000 after acquiring an additional 1,524 shares during the period. Avidian Wealth Enterprises LLC grew its stake in Cisco Systems by 6.6% during the 3rd quarter. Avidian Wealth Enterprises LLC now owns 78,842 shares of the network equipment provider’s stock valued at $8,983,000 after purchasing an additional 4,873 shares during the last quarter. Finally, Veracity Capital LLC increased its holdings in shares of Cisco Systems by 13.7% in the third quarter. Veracity Capital LLC now owns 9,408 shares of the network equipment provider’s stock valued at $1,013,000 after purchasing an additional 1,131 shares during the period. 73.33% of the stock is owned by institutional investors and hedge funds.

Cisco Systems Stock Performance

Cisco Systems stock traded down $1.62 during midday trading on Thursday, hitting $115.77. 4,028,900 shares of the company were exchanged, compared to its average volume of 22,450,172. The business has a fifty day simple moving average of $112.11 and a two-hundred day simple moving average of $107.43. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.79 and a current ratio of 0.93. The firm has a market capitalization of $456.44 billion, a PE ratio of 34.55, a price-to-earnings-growth ratio of 2.47 and a beta of 0.99. Cisco Systems, Inc. has a fifty-two week low of $66.81 and a fifty-two week high of $130.37.

Cisco Systems (NASDAQ:CSCO) last released its quarterly earnings data on Wednesday, August 12th. The network equipment provider reported $1.22 EPS for the quarter, topping the consensus estimate of $1.17 by $0.05. The business had revenue of $17.25 billion for the quarter, compared to analyst estimates of $16.84 billion. Cisco Systems had a return on equity of 30.16% and a net margin of 20.95%.The business’s quarterly revenue was up 17.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.99 EPS. 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, sell-side analysts forecast that Cisco Systems, Inc. will post 4.41 earnings per share for the current year.

Cisco Systems Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on CSCO. Barclays raised their price objective on Cisco Systems from $121.00 to $123.00 and gave the stock an “equal weight” rating in a research note on Thursday, August 13th. Zacks Research upgraded shares of Cisco Systems from a “hold” rating to a “strong-buy” rating in a report on Wednesday, September 30th. Wall Street Zen lowered shares of Cisco Systems from a “buy” rating to a “hold” rating in a research report on Saturday, October 3rd. Truist Financial upped their price objective on shares of Cisco Systems from $125.00 to $140.00 and gave the company a “buy” rating in a report on Thursday, August 13th. Finally, Rosenblatt Securities increased their price objective on shares of Cisco Systems from $150.00 to $165.00 and gave the stock a “buy” rating in a research note on Thursday, August 13th. Three equities research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Cisco Systems has an average rating of “Moderate Buy” and a consensus price target of $128.52.

Cisco Systems News Summary

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

• Positive Sentiment: Cisco unveiled new agentic AI capabilities across Webex, workplace management and customer experience. The updates include Claude-powered agents in Webex that can analyze data, create content and execute tasks using enterprise context, potentially strengthening Cisco’s competitive position in enterprise collaboration. Cisco Unveils New Agentic Collaboration Experiences
• Positive Sentiment: The product rollout also includes a Google Meet partnership for Cisco devices, a new customer-experience platform and RoomOS 27, expected in November. These initiatives could create additional software and services opportunities beyond Cisco’s traditional networking hardware. Cisco unveils agentic AI tools across Webex, workplace and CX
• Positive Sentiment: AI infrastructure demand remains a key catalyst. Coverage points to Cisco’s fifth consecutive earnings beat and a buildup in AI-related orders, while Supermicro servers entering Cisco’s AI factory channel could help expand the company’s role in AI data-center deployments. Cisco Stock Gains as Supermicro Servers Enter Its AI Factory Channel
• Positive Sentiment: Cisco also announced a FIPS-validated post-quantum security application, reinforcing its cybersecurity portfolio as customers prepare for evolving encryption threats. Cisco Added a FIPS Validated Post Quantum Security App
• Neutral Sentiment: Investor commentary remains constructive but divided: analysts see a possible new growth phase, while the key question is whether AI enthusiasm and recent earnings beats are already reflected in CSCO’s valuation. Cisco Could Be Entering a New Growth Phase
• Negative Sentiment: With Cisco trading at roughly 35 times earnings and near its one-year high, valuation and the possibility that the AI-driven rally has priced in much of the improvement are reasons some investors may wait for a better entry point. What Is the Case for Waiting on Cisco Stock?

Insider Activity at Cisco Systems

In other Cisco Systems news, insider Jeetendra Patel sold 7,170 shares of Cisco Systems stock in a transaction on Friday, August 14th. The shares were sold at an average price of $111.57, for a total value of $799,956.90. Following the completion of the transaction, the insider owned 230,593 shares of the company’s stock, valued at approximately $25,727,261.01. The trade was a 3.02% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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 owned 127,661 shares of the company’s stock, valued at approximately $14,065,688.98. This trade represents a 0.24% 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 44,869 shares of company stock valued at $5,005,620 in the last quarter. 0.01% of the stock is currently owned by insiders.

Cisco Systems Profile

Cisco Systems, Inc is a global technology company that develops networking, cybersecurity, collaboration, observability and data center solutions. Its products and services help businesses, governments, educational institutions and other organizations connect users and devices, manage infrastructure, protect digital environments and support cloud-based operations.

Cisco’s portfolio includes routers and switches, wireless networking equipment, network management software, firewalls, identity and access tools, endpoint security products, collaboration applications and observability platforms.