Cisco Systems, Inc. $CSCO Stock Holdings Reduced by Fifth Third Bancorp

Fifth Third Bancorp trimmed its holdings in Cisco Systems, Inc. (NASDAQ:CSCO) by 3.1% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 3,408,077 shares of the network equipment provider’s stock after selling 107,802 shares during the period. Fifth Third Bancorp’s holdings in Cisco Systems were worth $366,811,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. King Luther Capital Management Corp lifted its stake in shares of Cisco Systems by 11.9% in the 3rd quarter. King Luther Capital Management Corp now owns 715,838 shares of the network equipment provider’s stock valued at $77,046,000 after purchasing an additional 76,213 shares during the last quarter. Banyan Capital Management Inc. purchased a new position in shares of Cisco Systems during the 3rd quarter worth $381,000. Spectrum Planning & Advisory Services Inc. acquired a new stake in shares of Cisco Systems during the 3rd quarter worth about $212,000. Bingham Private Wealth LLC increased its position in shares of Cisco Systems by 6.1% during the 3rd quarter. Bingham Private Wealth LLC now owns 24,184 shares of the network equipment provider’s stock worth $2,603,000 after purchasing an additional 1,390 shares during the last quarter. Finally, Maryland State Retirement & Pension System raised its holdings in Cisco Systems by 13.9% in the 3rd quarter. Maryland State Retirement & Pension System now owns 242,394 shares of the network equipment provider’s stock valued at $26,089,000 after buying an additional 29,610 shares during the period. Institutional investors and hedge funds own 73.33% of the company’s stock.

Insider Activity at Cisco Systems

In related news, EVP Deborah Stahlkopf sold 6,487 shares of the firm’s stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $111.53, for a total transaction of $723,495.11. Following the completion of the transaction, the executive vice president directly owned 167,116 shares in the company, valued at $18,638,447.48. This trade represents a 3.74% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Oliver Tuszik sold 2,760 shares of Cisco Systems stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $112.46, for a total value of $310,389.60. Following the completion of the transaction, the executive vice president directly owned 165,276 shares of the company’s stock, valued at approximately $18,586,938.96. This represents a 1.64% 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 sold a total of 44,869 shares of company stock worth $5,005,620 over the last ninety days. Company insiders own 0.01% of the company’s stock.

Key Stories Impacting Cisco Systems

Investors following CSCO have been watching these stories:

• Positive Sentiment: Cisco’s AI growth story received a product boost: the company added Anthropic’s Claude Mythos to its AI Defense framework, with tools for testing AI agents and monitoring AI spending. Investors may view these capabilities as an opportunity to expand enterprise security and AI offerings. Article: What Is Cisco Systems Building With Its New AI Defense Push?
• Neutral Sentiment: Options markets signal elevated uncertainty around earnings, with one report citing an implied move of as much as 15.12%. That points to potential volatility, but not a clear direction. Article: Cisco Systems Could Swing After Earnings
• Negative Sentiment: Some options positioning is described as bearish, and Cisco’s recent technical weakness raises the bar for results. Investors are watching AI orders and margins, while rising costs, competition, and questions about valuation after a strong multiyear run could limit the stock’s upside if results or guidance disappoint. Article: Cisco Earnings Preview: Options Data Bearish Article: Is Cisco Fully Priced?

Analysts Set New Price Targets

A number of research firms have commented on CSCO. Wall Street Zen cut shares of Cisco Systems from a “buy” rating to a “hold” rating in a research report on Saturday, November 7th. Weiss Ratings reiterated a “buy (b)” rating on shares of Cisco Systems in a research report on Wednesday, August 26th. Rosenblatt Securities boosted their price target on shares of Cisco Systems from $150.00 to $165.00 and gave the company a “buy” rating in a research note on Thursday, August 13th. Sanford C. Bernstein initiated coverage on shares of Cisco Systems in a research note on Wednesday, September 30th. They issued a “market perform” rating and a $110.00 price target on the stock. Finally, Wells Fargo & Company upped their price objective on shares of Cisco Systems from $130.00 to $150.00 and gave the stock an “overweight” rating in a report on Thursday, August 13th. Three equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and eight have given a Hold rating to the company. According to MarketBeat, Cisco Systems presently has an average rating of “Moderate Buy” and a consensus price target of $127.87.

Cisco Systems Trading Up 2.7%

CSCO opened at $100.76 on Thursday. Cisco Systems, Inc. has a 52 week low of $71.72 and a 52 week high of $130.37. 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 business has a fifty day simple moving average of $108.16 and a 200-day simple moving average of $102.00. The firm has a market cap of $397.26 billion, a P/E ratio of 30.17, a P/E/G ratio of 2.02 and a beta of 1.01.

Cisco Systems (NASDAQ:CSCO) last posted 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. Cisco Systems had a return on equity of 30.16% and a net margin of 20.95%. The firm had revenue of $17.25 billion for the quarter, compared to the consensus estimate of $16.84 billion. During the same quarter in the previous year, the business earned $0.99 EPS. The company’s quarterly revenue was up 17.6% compared to the same quarter last year. On average, equities analysts expect that Cisco Systems, Inc. will post 4.48 earnings per share for the current year.

About Cisco Systems

Cisco Systems, Inc. develops networking, cybersecurity, collaboration and observability technologies for businesses, governments and other organizations. Its products include routers, switches, wireless systems and data center infrastructure, along with security software and services that help organizations connect and protect their networks. The company also provides collaboration tools through its Webex platform and observability capabilities through its software offerings, including technology from Splunk, which Cisco acquired in 2024.