Atwood & Palmer Inc. Decreases Stock Holdings in Cisco Systems, Inc. $CSCO

Atwood & Palmer Inc. cut its stake in Cisco Systems, Inc. (NASDAQ:CSCO) by 1.9% in the third quarter, HoldingsChannel reports. The fund owned 496,925 shares of the network equipment provider’s stock after selling 9,657 shares during the period. Cisco Systems accounts for 2.8% of Atwood & Palmer Inc.’s holdings, making the stock its 8th largest position. Atwood & Palmer Inc.’s holdings in Cisco Systems were worth $53,487,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the stock. Titleist Asset Management LLC grew its stake in shares of Cisco Systems by 10.7% during the third quarter. Titleist Asset Management LLC now owns 5,205 shares of the network equipment provider’s stock valued at $560,000 after purchasing an additional 503 shares during the last quarter. Apella Capital LLC increased its holdings in shares of Cisco Systems by 11.8% in the third quarter. Apella Capital LLC now owns 35,109 shares of the network equipment provider’s stock valued at $3,779,000 after purchasing an additional 3,695 shares in the last quarter. Everhart Financial Group Inc. raised its position in Cisco Systems by 4.0% in the 3rd quarter. Everhart Financial Group Inc. now owns 40,042 shares of the network equipment provider’s stock worth $4,443,000 after purchasing an additional 1,524 shares during the last quarter. Avidian Wealth Enterprises LLC lifted its holdings in Cisco Systems by 6.6% during the 3rd quarter. Avidian Wealth Enterprises LLC now owns 78,842 shares of the network equipment provider’s stock worth $8,983,000 after buying an additional 4,873 shares in the last quarter. Finally, Veracity Capital LLC lifted its holdings in Cisco Systems by 13.7% during the 3rd quarter. Veracity Capital LLC now owns 9,408 shares of the network equipment provider’s stock worth $1,013,000 after buying an additional 1,131 shares in the last quarter. 73.33% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, insider Jeetendra I. Patel sold 7,170 shares of the business’s stock in a transaction on Friday, August 14th. The shares were sold at an average price of $111.57, for a total value of $799,956.90. Following the completion of the transaction, the insider owned 230,593 shares of the company’s stock, valued at $25,727,261.01. The trade was a 3.02% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Deborah L. Stahlkopf sold 6,487 shares of the company’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 completion of the sale, the executive vice president owned 167,116 shares of the company’s stock, valued at approximately $18,638,447.48. This represents a 3.74% 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 90 days, insiders have sold 44,869 shares of company stock valued at $5,005,620. 0.01% of the stock is currently owned by company insiders.

Cisco Systems Trading Down 2.1%

NASDAQ CSCO traded down $2.50 on Thursday, reaching $114.89. The company had a trading volume of 12,955,367 shares, compared to its average volume of 22,499,215. Cisco Systems, Inc. has a 52 week low of $66.81 and a 52 week high of $130.37. The stock’s 50 day moving average is $112.11 and its 200-day moving average is $107.43. The company has a quick ratio of 0.79, a current ratio of 0.93 and a debt-to-equity ratio of 0.39. The stock has a market cap of $452.96 billion, a price-to-earnings ratio of 34.40, a PEG ratio of 2.47 and a beta of 0.99.

Cisco Systems (NASDAQ:CSCO) last issued its earnings results 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 for the quarter, compared to analysts’ expectations of $16.84 billion. Cisco Systems had a return on equity of 30.16% and a net margin of 20.95%.The company’s revenue was up 17.6% compared to the same quarter last year. During the same quarter last year, the business earned $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. Equities analysts predict that Cisco Systems, Inc. will post 4.41 earnings per share for the current year.

Cisco Systems Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 21st. Investors 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 yield of 1.5%. Cisco Systems’s payout ratio is currently 50.30%.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on CSCO shares. Deutsche Bank Aktiengesellschaft started coverage on Cisco Systems in a research note on Tuesday, September 1st. They issued a “buy” rating and a $135.00 target price for the company. Wells Fargo & Company raised their price target on Cisco Systems from $130.00 to $150.00 and gave the company an “overweight” rating in a report on Thursday, August 13th. HSBC lowered Cisco Systems from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $137.00 to $120.00 in a research report on Friday, August 14th. Sanford C. Bernstein assumed coverage on Cisco Systems in a report on Wednesday, September 30th. They set a “market perform” rating and a $110.00 price objective for the company. Finally, Truist Financial upped their target price on shares of Cisco Systems from $125.00 to $140.00 and gave the company a “buy” rating in a research report on Thursday, August 13th. Three equities research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $128.52.

Cisco Systems News Summary

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

• Positive Sentiment: AI infrastructure demand remains a key catalyst. Cisco is reportedly seeing substantial AI infrastructure orders and has delivered its fifth consecutive earnings beat, supporting the view that networking demand could propel the company into a new growth phase. Cisco Could Be Entering a New Growth Phase
• Positive Sentiment: New agentic AI products expand Cisco’s growth story. At WebexOne 2026, Cisco introduced AI capabilities across Webex, workplace management and customer experience, including Claude-powered agents that can analyze data, create content and execute tasks using enterprise context. A Google Meet partnership for Cisco devices and RoomOS 27 are also intended to strengthen its collaboration business. Cisco Unveils New Agentic Collaboration Experiences
• Positive Sentiment: Channel and security developments add incremental support. Supermicro servers are entering Cisco’s AI Factory channel, potentially broadening the company’s AI infrastructure reach, while Cisco also added a FIPS-validated post-quantum security application. Cisco Stock and Supermicro AI Factory Channel
• Neutral Sentiment: Valuation is limiting enthusiasm. Analysts see further upside if AI orders translate into durable revenue and profit growth, but the recent rally may already reflect much of that opportunity, leaving less room for error. The Case for Waiting on Cisco Stock
• Negative Sentiment: Investors remain concerned about execution and competitive pressure. Cisco must demonstrate that AI demand can produce sustained growth without margin deterioration, while competition from networking specialists such as Arista adds uncertainty to the broader AI networking opportunity.

Cisco Systems 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.