Cisco Systems, Inc. $CSCO Shares Bought by Jag Capital Management LLC

Jag Capital Management LLC boosted its position in Cisco Systems, Inc. (NASDAQ:CSCO) by 7.0% during the first quarter, HoldingsChannel.com reports. The fund owned 336,363 shares of the network equipment provider’s stock after buying an additional 21,913 shares during the quarter. Cisco Systems makes up 2.9% of Jag Capital Management LLC’s portfolio, making the stock its 9th biggest position. Jag Capital Management LLC’s holdings in Cisco Systems were worth $26,098,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC boosted its stake in Cisco Systems by 49.5% in the fourth quarter. Brighton Jones LLC now owns 74,187 shares of the network equipment provider’s stock valued at $4,392,000 after buying an additional 24,562 shares in the last quarter. Revolve Wealth Partners LLC increased its position in Cisco Systems by 37.0% during the 4th quarter. Revolve Wealth Partners LLC now owns 9,156 shares of the network equipment provider’s stock worth $542,000 after purchasing an additional 2,474 shares in the last quarter. Sivia Capital Partners LLC lifted its stake in Cisco Systems by 7.5% in the 2nd quarter. Sivia Capital Partners LLC now owns 10,178 shares of the network equipment provider’s stock valued at $706,000 after purchasing an additional 712 shares during the last quarter. Schnieders Capital Management LLC. boosted its position in Cisco Systems by 3.9% in the second quarter. Schnieders Capital Management LLC. now owns 13,974 shares of the network equipment provider’s stock valued at $969,000 after buying an additional 519 shares in the last quarter. Finally, Marshall Wace LLP boosted its position in Cisco Systems by 118.1% in the second quarter. Marshall Wace LLP now owns 90,650 shares of the network equipment provider’s stock valued at $6,289,000 after buying an additional 590,650 shares in the last quarter. 73.33% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the stock. Wall Street Zen downgraded shares of Cisco Systems from a “buy” rating to a “hold” rating in a report on Sunday, July 12th. Truist Financial began coverage on Cisco Systems in a report on Tuesday, March 31st. They set a “buy” rating and a $94.00 price objective on the stock. The Goldman Sachs Group upped their target price on Cisco Systems from $116.00 to $125.00 and gave the stock a “neutral” rating in a report on Wednesday, June 3rd. Wells Fargo & Company increased their target price on Cisco Systems from $95.00 to $130.00 and gave the company an “overweight” rating in a research report on Thursday, May 14th. 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 issued a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $123.14.

Key Cisco Systems News

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

• Positive Sentiment: One report argues Cisco could reach $170, calling it a key AI infrastructure name and suggesting the company is benefiting from rising demand tied to AI-era networking. Price Prediction: Cisco Will Hit $170 on This Date
• Positive Sentiment: Zacks said Cisco’s strong year-to-date performance is being backed by higher AI 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-related integration for Webex Contact Center, reinforcing its push into AI-enabled enterprise software and contact-center tools. SuccessKPI Powers Next Generation Hybrid Contact Centers with WEM for Webex Cloud
• Neutral Sentiment: Some market pieces frame the recent weakness as profit-taking after a big post-earnings rally rather than a fresh operational problem. Cisco Systems slips as investors appear to be taking profits after a big post-earnings run
• Neutral Sentiment: Another note says Cisco is testing technical support levels after breaking below its 50-day moving average, which could keep near-term trading choppy. Cisco Systems (CSCO) Price Forecast: Correction Deepens as Key Support Nears
• Negative Sentiment: One article warns that growth-stock enthusiasm can fade quickly, using Cisco’s past boom-and-bust cycles as a cautionary example for investors. 1 Growth Stock Set to Flourishand 2 We Turn Down

Cisco Systems Stock Down 1.9%

Shares of NASDAQ:CSCO opened at $109.66 on Friday. The firm has a market cap of $432.22 billion, a P/E ratio of 35.60, a P/E/G ratio of 2.85 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 business has a fifty day simple moving average of $117.09 and a 200 day simple moving average of $93.20. The company has a quick ratio of 0.81, a current ratio of 0.92 and a debt-to-equity ratio of 0.40.

Cisco Systems (NASDAQ:CSCO) last released its quarterly earnings results on Wednesday, May 13th. The network equipment provider reported $1.06 EPS for the quarter, beating 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 for the quarter, compared to analyst estimates of $15.56 billion. During the same quarter in the previous year, the company posted $0.96 EPS. The business’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. Analysts predict that Cisco Systems, Inc. will post 3.54 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, July 22nd. Shareholders 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 annualized dividend and a yield of 1.5%. Cisco Systems’s dividend payout ratio (DPR) is presently 54.55%.

Insider Transactions at Cisco Systems

In other news, EVP Deborah L. Stahlkopf sold 6,586 shares of the company’s stock in a transaction on Friday, May 15th. The shares were sold at an average price of $117.31, for a total value of $772,603.66. Following the sale, the executive vice president directly owned 177,223 shares of the company’s stock, valued at approximately $20,790,030.13. This represents a 3.58% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 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 on Friday, May 22nd. The shares were sold at an average price of $120.03, for a total transaction of $2,568,642.00. Following the completion of the transaction, the chief executive officer owned 637,085 shares in the company, valued at approximately $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. In the last ninety days, insiders have sold 47,650 shares of company stock worth $5,668,823. Company insiders own 0.01% of the company’s stock.

Cisco Systems Profile

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.