Echo45 Advisors LLC acquired a new position in shares of Cisco Systems, Inc. (NASDAQ:CSCO – Free Report) in the 3rd quarter, Holdings Channel.com reports. The firm acquired 4,570 shares of the network equipment provider’s stock, valued at approximately $492,000.
A number of other large investors have also recently bought and sold shares of the company. BlackRock Inc. bought a new stake in shares of Cisco Systems during the 2nd quarter worth approximately $42,129,647,000. State Street Corp increased its stake in Cisco Systems by 7.0% in the second quarter. State Street Corp now owns 207,106,569 shares of the network equipment provider’s stock valued at $25,278,492,000 after acquiring an additional 13,512,872 shares during the last quarter. Invesco Ltd. increased its stake in Cisco Systems by 11.6% in the fourth quarter. Invesco Ltd. now owns 59,836,782 shares of the network equipment provider’s stock valued at $4,609,227,000 after acquiring an additional 6,224,062 shares during the last quarter. Auto Owners Insurance Co raised its position in Cisco Systems by 8,718.3% during the fourth quarter. Auto Owners Insurance Co now owns 51,952,421 shares of the network equipment provider’s stock valued at $400,190,000 after purchasing an additional 51,363,281 shares in the last quarter. Finally, Bank of America Corp DE bought a new stake in Cisco Systems during the second quarter worth $5,892,379,000. 73.33% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity at Cisco Systems
In related news, EVP Oliver Tuszik sold 2,760 shares of the business’s stock in a transaction on Friday, August 14th. The shares were sold at an average price of $112.46, for a total value of $310,389.60. Following the sale, the executive vice president owned 165,276 shares of the company’s stock, valued at $18,586,938.96. The trade was a 1.64% decrease in their ownership of the stock. The sale 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, EVP Deborah Stahlkopf sold 6,487 shares of the stock in a transaction on Friday, August 14th. The shares were sold at an average price of $111.53, for a total value of $723,495.11. Following the completion of the sale, the executive vice president owned 167,116 shares of the company’s stock, valued at $18,638,447.48. The trade was a 3.74% 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. Insiders have sold 44,869 shares of company stock valued at $5,005,620 in the last quarter. Insiders own 0.01% of the company’s stock.
Cisco Systems Price Performance
Cisco Systems (NASDAQ:CSCO – Get Free Report) last released its quarterly earnings data on Wednesday, August 12th. The network equipment provider reported $1.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.17 by $0.05. The company had revenue of $17.25 billion during the quarter, compared to the consensus estimate of $16.84 billion. Cisco Systems had a return on equity of 30.16% and a net margin of 20.95%.The firm’s 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 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. As a group, sell-side analysts anticipate that Cisco Systems, Inc. will post 4.41 EPS for the current year.
Cisco Systems Announces Dividend
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 paid a dividend of $0.42 per share. The ex-dividend date of this dividend is Friday, October 2nd. This represents a $1.68 annualized dividend and a dividend yield of 1.4%. Cisco Systems’s dividend payout ratio (DPR) is presently 50.30%.
Cisco Systems News Summary
Here are the key news stories impacting Cisco Systems this week:
- Positive Sentiment: Cisco introduced new agentic collaboration capabilities for Webex, including Claude-powered managed agents that can analyze data, create content and execute tasks using enterprise context. The launch strengthens Cisco’s position in the enterprise AI and collaboration markets. Cisco Unveils New Agentic Collaboration Experiences
- Positive Sentiment: The company also unveiled collaboration technologies and RoomOS 27 updates designed to connect employees, digital teammates and physical workspaces, potentially supporting Webex adoption and recurring software revenue. Cisco Unveils Collaboration Technologies And RoomOS 27
- Positive Sentiment: Supermicro servers entering Cisco’s AI factory channel provide another avenue for Cisco to benefit from rising AI infrastructure demand, adding to recent optimism around AI networking. Cisco Stock Gains 2% as Supermicro Servers Enter Its AI Factory Channel
- Positive Sentiment: Quantum XChange became a Cisco networking marketplace partner, bringing FIPS-validated post-quantum cryptography to Cisco networks. The offering could improve Cisco’s security value proposition as customers prepare for quantum-related threats. Quantum XChange Joins the Cisco Networking App Marketplace
- Neutral Sentiment: Analysts and market coverage continue to focus on Cisco’s sovereign-AI opportunity and the broader expansion of hybrid IT management, but these themes are longer-term catalysts rather than immediate earnings drivers. How to Play CSCO Stock as Cisco Bets on Sovereign AI
- Negative Sentiment: A case for waiting on Cisco stock highlights the risk that its valuation already reflects much of the AI and networking optimism. Investors may want clearer evidence of sustained growth and execution before paying the current premium. What Is The Case For Waiting On Cisco Stock?
Analyst Ratings Changes
CSCO has been the topic of several recent analyst reports. Piper Sandler decreased their price target on Cisco Systems from $132.00 to $125.00 and set a “neutral” rating on the stock in a research note on Tuesday, September 22nd. Sanford C. Bernstein began coverage on Cisco Systems in a research report on Wednesday, September 30th. They issued a “market perform” rating and a $110.00 target price on the stock. Freedom Capital raised Cisco Systems from a “hold” rating to a “strong-buy” rating in a research note on Sunday, August 16th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Cisco Systems in a report on Tuesday, September 1st. They issued a “buy” rating and a $135.00 target price for the company. Finally, Wall Street Zen lowered shares of Cisco Systems from a “buy” rating to a “hold” rating in a report on Saturday. Three research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $128.52.
Check Out Our Latest Report on Cisco Systems
Cisco Systems Company 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.
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