Eurizon Capital SGR S.p.A. Purchases 478,649 Shares of Cisco Systems, Inc. $CSCO

Eurizon Capital SGR S.p.A. lifted its position in Cisco Systems, Inc. (NASDAQ:CSCO) by 39.5% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 1,690,784 shares of the network equipment provider’s stock after buying an additional 478,649 shares during the period. Eurizon Capital SGR S.p.A.’s holdings in Cisco Systems were worth $181,722,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. BlackRock Inc. bought a new position in Cisco Systems during the 2nd quarter worth about $42,129,647,000. State Street Corp increased its position in Cisco Systems by 7.0% during the 2nd quarter. State Street Corp now owns 207,106,569 shares of the network equipment provider’s stock valued at $25,278,492,000 after purchasing an additional 13,512,872 shares during the period. Bank of America Corp DE bought a new stake in shares of Cisco Systems in the 2nd quarter valued at about $5,892,379,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Cisco Systems by 2.7% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 43,450,141 shares of the network equipment provider’s stock valued at $5,103,654,000 after purchasing an additional 1,143,106 shares in the last quarter. Finally, Bank of New York Mellon Corp bought a new stake in shares of Cisco Systems in the 2nd quarter valued at about $4,714,574,000. 73.33% of the stock is currently owned by institutional investors.

Insider Activity at Cisco Systems

In other Cisco Systems news, EVP Thimaya K. Subaiya sold 5,832 shares of Cisco Systems stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $111.47, for a total value of $650,093.04. Following the transaction, the executive vice president directly owned 128,382 shares of the company’s stock, valued at approximately $14,310,741.54. The trade was a 4.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Oliver Tuszik sold 680 shares of the company’s stock in a transaction on Monday, September 14th. The stock was sold at an average price of $110.18, for a total value of $74,922.40. Following the transaction, the executive vice president directly owned 163,337 shares in the company, valued at approximately $17,996,470.66. The trade was a 0.41% 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. In the last quarter, insiders have sold 6,824 shares of company stock valued at $759,392. 0.01% of the stock is currently owned by company insiders.

Trending Headlines about Cisco Systems

Investors following CSCO have been watching these headlines:

• Positive Sentiment: Cisco raised its fiscal 2027 adjusted EPS forecast to $5.47–$5.53, above the $5.10 FactSet estimate, and its revenue outlook to $74.8–$75.8 billion, versus $73.2 billion expected. Its Q2 EPS and revenue guidance also exceeded consensus, supporting expectations for continued growth. Cisco raises annual revenue forecast on strong AI networking demand
• Positive Sentiment: Management pointed to robust AI-networking demand, including data-center growth, as a major tailwind. Investors may see Cisco as benefiting from increased spending on the networking infrastructure needed for AI. Cisco Earnings, Revenue Top Estimates On AI Data Center Growth
• Neutral Sentiment: Despite the strong report and higher guidance, investors will be watching whether AI-related demand can translate into sustained growth and healthy margins, particularly after a rally that had raised expectations. Cisco rally faces a margin-and-valuation test

Cisco Systems Price Performance

CSCO opened at $102.01 on Friday. The firm has a market capitalization of $402.18 billion, a PE ratio of 30.54, a price-to-earnings-growth ratio of 2.07 and a beta of 1.01. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.93 and a quick ratio of 0.79. The business’s 50-day moving average is $108.02 and its two-hundred day moving average is $102.13. Cisco Systems, Inc. has a 1 year low of $72.80 and a 1 year high of $130.37.

Cisco Systems (NASDAQ:CSCO) last released its quarterly earnings results on Thursday, November 12th. The network equipment provider reported $1.40 EPS for the quarter, beating the consensus estimate of $1.33 by $0.07. Cisco Systems had a net margin of 20.95% and a return on equity of 30.16%. The business had revenue of $18.52 billion during the quarter, compared to analyst estimates of $18.12 billion. During the same period in the prior year, the firm posted $1.00 earnings per share. Cisco Systems has set its Q2 2027 guidance at 1.340-1.360 EPS and its FY 2027 guidance at 5.470-5.530 EPS. Research analysts anticipate that Cisco Systems, Inc. will post 4.48 earnings per share for the current fiscal year.

Cisco Systems Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 20th. Investors of record on Monday, January 4th will be paid a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a dividend yield of 1.6%. The ex-dividend date is Monday, January 4th. Cisco Systems’s payout ratio is 50.30%.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on CSCO. Freedom Capital raised shares of Cisco Systems from a “hold” rating to a “strong-buy” rating in a research report on Sunday, August 16th. Deutsche Bank started coverage on shares of Cisco Systems in a report on Tuesday, September 1st. They set a “buy” rating and a $135.00 price objective on the stock. Wells Fargo & Company boosted their price objective on shares of Cisco Systems from $130.00 to $150.00 and gave the stock an “overweight” rating in a research note on Thursday, August 13th. Truist Financial upped their target price on Cisco Systems from $125.00 to $140.00 and gave the stock a “buy” rating in a report on Thursday, August 13th. Finally, Zacks Research upgraded Cisco Systems from a “hold” rating to a “strong-buy” rating in a report on Wednesday, September 30th. Three research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Cisco Systems presently has a consensus rating of “Moderate Buy” and an average target price of $129.14.

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.