5,011 Shares in Cisco Systems, Inc. $CSCO Acquired by Vanguard Capital Wealth Advisors

Vanguard Capital Wealth Advisors purchased a new stake in Cisco Systems, Inc. (NASDAQ:CSCOFree Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,011 shares of the network equipment provider’s stock, valued at approximately $589,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Bridgewater Advisors Inc. purchased a new stake in shares of Cisco Systems in the second quarter valued at $6,442,000. World Investment Advisors grew its holdings in shares of Cisco Systems by 15.4% during the fourth quarter. World Investment Advisors now owns 198,549 shares of the network equipment provider’s stock valued at $13,905,000 after buying an additional 26,455 shares in the last quarter. WCG Wealth Advisors LLC raised its position in Cisco Systems by 101.8% during the fourth quarter. WCG Wealth Advisors LLC now owns 107,306 shares of the network equipment provider’s stock valued at $8,266,000 after buying an additional 54,141 shares during the period. Beacon Pointe Advisors LLC purchased a new stake in Cisco Systems in the 2nd quarter worth about $60,009,000. Finally, Vise Technologies Inc. lifted its stake in Cisco Systems by 47.1% in the 4th quarter. Vise Technologies Inc. now owns 200,341 shares of the network equipment provider’s stock worth $15,432,000 after acquiring an additional 64,144 shares in the last quarter. Institutional investors and hedge funds own 73.33% of the company’s stock.

More Cisco Systems News

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

  • Positive Sentiment: Deutsche Bank initiated coverage of Cisco Systems with a “Buy” rating and a $135 price target, implying substantial upside from the referenced share price. The endorsement supports the bullish case for Cisco’s networking and AI growth prospects. Tuesday Wall Street analyst research calls
  • Positive Sentiment: Cisco, AMD and HUMAIN said AI infrastructure using AMD Instinct MI355X systems and Cisco Silicon One networking is now live in Saudi Arabia. The partners plan additional deployments of up to 250 megawatts beginning in 2027, with a broader ambition of as much as 1 gigawatt by 2030. The projects provide potential long-term demand for Cisco’s AI networking products. AMD, Cisco and HUMAIN expand Saudi Arabia AI infrastructure
  • Positive Sentiment: Analyst commentary also highlighted an earlier-than-expected enterprise technology refresh as a potential “second engine” for growth, complementing Cisco’s AI networking opportunity. Cisco’s second growth engine
  • Neutral Sentiment: Cisco will meet investors at several September technology and financial conferences. These events could provide updates on enterprise demand, AI networking, margins and guidance, but no new financial outlook was announced. Cisco September investor events
  • Negative Sentiment: Cisco disclosed that the China-linked “Fire Ant” group has targeted Cisco IOS XR routers and obtained persistent access to high-value network infrastructure. The espionage campaign raises concerns about customer network security, potential remediation costs and reputational damage to Cisco’s core routing business. Fire Ant router espionage and Cisco investors

Cisco Systems Trading Down 0.7%

NASDAQ:CSCO opened at $109.74 on Wednesday. The stock’s 50 day moving average price is $114.76 and its 200 day moving average price is $101.68. Cisco Systems, Inc. has a 52 week low of $66.13 and a 52 week high of $130.37. The company has a market capitalization of $432.53 billion, a P/E ratio of 32.86, a P/E/G ratio of 2.32 and a beta of 1.00. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.79 and a current ratio of 0.93.

Cisco Systems (NASDAQ:CSCOGet Free Report) last issued its quarterly earnings data on Wednesday, August 12th. The network equipment provider reported $1.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.17 by $0.05. The firm had revenue of $17.25 billion during the quarter, compared to analysts’ expectations of $16.84 billion. Cisco Systems had a net margin of 20.95% and a return on equity of 30.16%. Cisco Systems’s revenue for the quarter was up 17.6% on a year-over-year basis. During the same period in the prior year, the company posted $0.99 earnings per share. 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, research analysts forecast that Cisco Systems, Inc. will post 4.44 EPS for the current fiscal year.

Cisco Systems Dividend Announcement

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

Analyst Ratings Changes

CSCO has been the subject of several research reports. Piper Sandler raised their price target on shares of Cisco Systems from $86.00 to $132.00 and gave the stock a “neutral” rating in a report on Thursday, May 14th. Freedom Capital upgraded shares of Cisco Systems from a “hold” rating to a “strong-buy” rating in a research note on Sunday, August 16th. Bank of America increased their target price on shares of Cisco Systems from $135.00 to $150.00 and gave the stock a “buy” rating in a research report on Monday, June 8th. BNP Paribas Exane lifted their target price on shares of Cisco Systems from $87.00 to $132.00 and gave the company an “outperform” rating in a research note on Thursday, May 14th. Finally, Barclays upped their price target on shares of Cisco Systems from $121.00 to $123.00 and gave the stock an “equal weight” rating in a research note on Thursday, August 13th. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $129.68.

Check Out Our Latest Stock Analysis on Cisco Systems

Insider Activity at Cisco Systems

In related news, EVP Deborah L. Stahlkopf sold 6,487 shares of the business’s stock in a transaction on Friday, August 14th. The shares were sold at an average price of $111.53, for a total transaction of $723,495.11. Following the transaction, the executive vice president owned 167,116 shares of the company’s stock, valued at approximately $18,638,447.48. The trade was a 3.74% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Charles Robbins sold 21,628 shares of the stock in a transaction on Friday, August 14th. The shares were sold at an average price of $111.54, for a total transaction of $2,412,387.12. Following the completion of the sale, the chief executive officer directly owned 602,710 shares of the company’s stock, valued at approximately $67,226,273.40. This trade represents a 3.46% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 53,611 shares of company stock valued at $6,066,680. 0.01% of the stock is owned by corporate insiders.

About Cisco Systems

(Free Report)

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.

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Institutional Ownership by Quarter for Cisco Systems (NASDAQ:CSCO)

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