Intech Investment Management LLC Raises Holdings in Cisco Systems, Inc. $CSCO

Intech Investment Management LLC raised its position in Cisco Systems, Inc. (NASDAQ:CSCO) by 19.3% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 556,350 shares of the network equipment provider’s stock after purchasing an additional 89,886 shares during the period. Intech Investment Management LLC’s holdings in Cisco Systems were worth $38,600,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of CSCO. Vanguard Group Inc. boosted its position in Cisco Systems by 0.5% during the first quarter. Vanguard Group Inc. now owns 388,949,854 shares of the network equipment provider’s stock worth $24,002,095,000 after acquiring an additional 1,865,648 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Cisco Systems by 1.2% during the 2nd quarter. Geode Capital Management LLC now owns 99,252,395 shares of the network equipment provider’s stock worth $6,864,058,000 after purchasing an additional 1,157,704 shares during the last quarter. Invesco Ltd. grew its position in shares of Cisco Systems by 10.4% in the first quarter. Invesco Ltd. now owns 47,117,146 shares of the network equipment provider’s stock valued at $2,907,599,000 after purchasing an additional 4,437,450 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of Cisco Systems by 37.4% in the first quarter. Goldman Sachs Group Inc. now owns 46,973,293 shares of the network equipment provider’s stock valued at $2,898,722,000 after purchasing an additional 12,775,066 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Cisco Systems by 3.6% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 37,797,629 shares of the network equipment provider’s stock worth $2,332,492,000 after buying an additional 1,326,354 shares in the last quarter. 73.33% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on CSCO shares. Rosenblatt Securities upped their price objective on shares of Cisco Systems from $87.00 to $100.00 and gave the company a “buy” rating in a report on Thursday. Erste Group Bank raised shares of Cisco Systems from a “hold” rating to a “buy” rating in a research note on Monday, November 10th. William Blair raised shares of Cisco Systems to a “hold” rating in a research report on Thursday, August 14th. KeyCorp raised their target price on Cisco Systems from $77.00 to $87.00 and gave the stock an “overweight” rating in a research note on Thursday. Finally, UBS Group upped their price target on Cisco Systems from $88.00 to $90.00 and gave the company a “buy” rating in a research note on Thursday. Sixteen analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $83.75.

Cisco Systems Trading Up 0.8%

NASDAQ CSCO opened at $78.00 on Friday. Cisco Systems, Inc. has a 52 week low of $52.11 and a 52 week high of $79.50. The firm has a 50 day moving average of $69.87 and a two-hundred day moving average of $67.42. The company has a quick ratio of 0.91, a current ratio of 1.00 and a debt-to-equity ratio of 0.49. The stock has a market capitalization of $307.38 billion, a PE ratio of 29.77, a price-to-earnings-growth ratio of 3.00 and a beta of 0.95.

Cisco Systems (NASDAQ:CSCO) last released its quarterly earnings data on Wednesday, November 12th. The network equipment provider reported $1.00 EPS for the quarter, beating analysts’ consensus estimates of $0.98 by $0.02. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The business had revenue of $14.88 billion for the quarter, compared to the consensus estimate of $14.77 billion. During the same quarter in the prior year, the business posted $0.91 EPS. The business’s revenue for the quarter was up 7.5% on a year-over-year basis. Cisco Systems has set its FY 2026 guidance at 4.080-4.140 EPS. Q2 2026 guidance at 1.010-1.030 EPS. As a group, research analysts expect that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.

Cisco Systems Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 21st. Shareholders of record on Friday, January 2nd will be given a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend is Friday, January 2nd. Cisco Systems’s dividend payout ratio (DPR) is presently 62.60%.

Insider Buying and Selling at Cisco Systems

In related news, EVP Oliver Tuszik sold 17,526 shares of the firm’s stock in a transaction dated Friday, September 19th. The shares were sold at an average price of $67.95, for a total value of $1,190,891.70. Following the completion of the sale, the executive vice president owned 198,855 shares in the company, valued at $13,512,197.25. This trade represents a 8.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Thimaya K. Subaiya sold 7,511 shares of Cisco Systems stock in a transaction that occurred on Wednesday, August 20th. The shares were sold at an average price of $66.84, for a total value of $502,035.24. Following the completion of the sale, the executive vice president owned 161,467 shares in the company, valued at approximately $10,792,454.28. This trade represents a 4.44% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 33,089 shares of company stock valued at $2,236,383. Company insiders own 0.01% of the company’s stock.

About Cisco Systems

Cisco Systems, Inc designs, manufactures, and sells Internet Protocol based networking and other products related to the communications and information technology industry in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and China. The company also offers switching portfolio encompasses campus switching as well as data center switching; enterprise routing portfolio interconnects public and private wireline and mobile networks, delivering highly secure, and reliable connectivity to campus, data center and branch networks; wireless products include wireless access points and controllers; and compute portfolio including the cisco unified computing system, hyperflex, and software management capabilities, which combine computing, networking, and storage infrastructure management and virtualization.