Cisco Systems, Inc. $CSCO Stock Sold by Lockheed Martin Investment Management Co.

Lockheed Martin Investment Management Co. decreased its stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 31.5% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 85,800 shares of the network equipment provider’s stock after selling 39,410 shares during the quarter. Lockheed Martin Investment Management Co.’s holdings in Cisco Systems were worth $9,235,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Gryphon Financial Partners LLC boosted its stake in Cisco Systems by 15.6% during the third quarter. Gryphon Financial Partners LLC now owns 33,167 shares of the network equipment provider’s stock worth $3,570,000 after buying an additional 4,470 shares during the last quarter. M&G PLC grew its holdings in Cisco Systems by 34.6% in the 3rd quarter. M&G PLC now owns 500,530 shares of the network equipment provider’s stock valued at $54,057,000 after buying an additional 128,648 shares in the last quarter. Vestor Capital LLC increased its stake in shares of Cisco Systems by 1,301.4% in the 3rd quarter. Vestor Capital LLC now owns 18,008 shares of the network equipment provider’s stock worth $1,938,000 after acquiring an additional 16,723 shares during the last quarter. AlphaCore Capital LLC increased its stake in shares of Cisco Systems by 5.6% in the 3rd quarter. AlphaCore Capital LLC now owns 216,925 shares of the network equipment provider’s stock worth $23,348,000 after acquiring an additional 11,462 shares during the last quarter. Finally, Leuthold Group LLC increased its stake in shares of Cisco Systems by 7.4% in the 3rd quarter. Leuthold Group LLC now owns 154,557 shares of the network equipment provider’s stock worth $16,635,000 after acquiring an additional 10,672 shares during the last quarter. Institutional investors and hedge funds own 73.33% of the company’s stock.

Analyst Upgrades and Downgrades

CSCO has been the topic of several recent research reports. Sanford C. Bernstein initiated coverage on shares of Cisco Systems in a research report on Wednesday, September 30th. They set a “market perform” rating and a $110.00 price target on the stock. Zacks Research raised shares of Cisco Systems from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, September 30th. KeyCorp boosted their target price 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. UBS Group boosted their target price on shares of Cisco Systems from $132.00 to $138.00 and gave the company a “buy” rating in a report on Thursday, August 13th. Finally, Wall Street Zen cut shares of Cisco Systems from a “buy” rating to a “hold” rating in a research note on Saturday. Three analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and eight have given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $127.87.

Insider Transactions at Cisco Systems

In related news, EVP Thimaya K. Subaiya sold 312 shares of the firm’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 in the company, valued at $14,065,688.98. This trade represents a 0.24% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Deborah L. Stahlkopf sold 6,487 shares of the firm’s stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $111.53, for a total value of $723,495.11. Following the transaction, the executive vice president owned 167,116 shares of the company’s stock, valued at $18,638,447.48. This trade represents a 3.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 44,869 shares of company stock worth $5,005,620. 0.01% of the stock is owned by corporate insiders.

Cisco Systems Stock Up 5.1%

Cisco Systems stock opened at $98.65 on Tuesday. Cisco Systems, Inc. has a fifty-two week low of $71.10 and a fifty-two week high of $130.37. 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 50 day moving average price of $108.59 and a 200 day moving average price of $101.75. The company has a market capitalization of $388.94 billion, a PE ratio of 29.54, a price-to-earnings-growth ratio of 2.16 and a beta of 1.01.

Cisco Systems (NASDAQ:CSCO) last announced its earnings results on Wednesday, August 12th. The network equipment provider reported $1.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.17 by $0.05. Cisco Systems had a return on equity of 30.16% and a net margin of 20.95%. The company had revenue of $17.25 billion for the quarter, compared to analyst estimates of $16.84 billion. During the same quarter in the previous year, the company earned $0.99 earnings per share. The firm’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. Research analysts expect that Cisco Systems, Inc. will post 4.42 earnings per share for the current year.

Cisco Systems Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 21st. Investors of record on Friday, October 2nd were issued a $0.42 dividend. This represents a $1.68 annualized dividend and a dividend yield of 1.7%. The ex-dividend date was Friday, October 2nd. Cisco Systems’s payout ratio is currently 50.30%.

More Cisco Systems News

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

• Positive Sentiment: Cisco is expanding its AI-security tools: AI Defense will use Anthropic’s Claude Mythos for adversarial testing of AI applications and agents, alongside new Splunk Agent Observability and Cisco IQ capabilities. The launch could strengthen Cisco’s position as businesses seek ways to secure and monitor AI agents. Cisco AI security announcement
• Positive Sentiment: One analysis suggests Cisco shares could be undervalued by about 15%, offering a potential valuation argument for investors. Cisco valuation analysis
• Neutral Sentiment: The November 12 earnings report is the main near-term catalyst. Investors will look for evidence that AI infrastructure demand supports Cisco’s growth and its stated $7.5 billion AI target; options trading points to expectations of a potentially large post-earnings move. Cisco earnings and options outlook
• Negative Sentiment: Risk appetite remains a headwind: reports cite a roughly 20% decline in CSCO and a $145 billion loss in market value from its peak, while ETFs were net sellers of $64.1 million in shares on November 5. ETF flows for Cisco
• Negative Sentiment: A Morgan Stanley analyst reportedly moved Cisco to Equal-weight, adding to caution ahead of results. Investors may also be wary if earnings fail to reassure the market about AI-related demand. Cisco earnings expectations and AI concerns

Cisco Systems Company Profile

Cisco Systems, Inc develops networking, cybersecurity, collaboration and observability technologies for businesses, governments and other organizations. Its products include routers, switches, wireless systems and data center infrastructure, along with security software and services that help organizations connect and protect their networks.

The company also provides collaboration tools through its Webex platform and observability capabilities through its software offerings, including technology from Splunk, which Cisco acquired in 2024.