Cisco Systems, Inc. $CSCO Shares Sold by KLCM Advisors Inc.

KLCM Advisors Inc. trimmed its stake in Cisco Systems, Inc. (NASDAQ:CSCO) by 4.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 209,763 shares of the network equipment provider’s stock after selling 9,250 shares during the quarter. Cisco Systems makes up 1.4% of KLCM Advisors Inc.’s portfolio, making the stock its 17th biggest holding. KLCM Advisors Inc.’s holdings in Cisco Systems were worth $16,158,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently made changes to their positions in CSCO. Arrowstreet Capital Limited Partnership raised its holdings in shares of Cisco Systems by 110.2% in the third quarter. Arrowstreet Capital Limited Partnership now owns 18,406,442 shares of the network equipment provider’s stock worth $1,259,369,000 after acquiring an additional 9,648,265 shares during the last quarter. Wellington Management Group LLP increased its stake in Cisco Systems by 19.5% in the third quarter. Wellington Management Group LLP now owns 33,748,414 shares of the network equipment provider’s stock valued at $2,309,066,000 after purchasing an additional 5,498,375 shares during the last quarter. Invesco Ltd. increased its stake in Cisco Systems by 10.5% in the third quarter. Invesco Ltd. now owns 53,612,720 shares of the network equipment provider’s stock valued at $3,668,182,000 after purchasing an additional 5,081,469 shares during the last quarter. Vanguard Group Inc. increased its stake in Cisco Systems by 1.0% in the fourth quarter. Vanguard Group Inc. now owns 398,943,293 shares of the network equipment provider’s stock valued at $30,730,602,000 after purchasing an additional 4,049,893 shares during the last quarter. Finally, Danske Bank A S acquired a new position in Cisco Systems in the third quarter valued at $233,956,000. 73.33% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, SVP Maria Victoria Wong sold 551 shares of the company’s stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $77.54, for a total value of $42,724.54. Following the completion of the sale, the senior vice president owned 27,957 shares of the company’s stock, valued at $2,167,785.78. This represents a 1.93% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Oliver Tuszik sold 3,132 shares of the company’s stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $79.74, for a total value of $249,745.68. Following the completion of the sale, the executive vice president directly owned 188,613 shares of the company’s stock, valued at $15,040,000.62. The trade was a 1.63% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 46,431 shares of company stock valued at $3,574,820. 0.01% of the stock is owned by insiders.

More Cisco Systems News

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

• Positive Sentiment: Analysts are highlighting Cisco’s exposure to strong AI networking demand heading into results, which could support revenue growth and sentiment if management confirms healthy order trends. Buy Cisco Stock Ahead of Q3 Earnings? Here’s What to Know
• Positive Sentiment: Multiple industry pieces point to a favorable networking sector backdrop, with Cisco cited as a beneficiary of tailwinds despite macro headwinds and margin pressure. 3 Stocks to Consider From a Flourishing Networking Industry
• Positive Sentiment: JPMorgan raised its price target on Cisco to $96, signaling continued confidence in the stock’s long-term fundamentals, even though that target remains below the recent trading level. MarketScreener
• Neutral Sentiment: Cisco is set to report quarterly earnings on Wednesday, making the stock sensitive to any surprise in guidance, margins, or AI-related order commentary. Cisco Systems (CSCO) Expected to Announce Quarterly Earnings on Wednesday
• Neutral Sentiment: Broader market news is mixed, with investors waiting on inflation data and geopolitics, which could influence near-term trading in Cisco along with the rest of the market. Week Ahead: Inflation test, an AI IPO and US-China talks put Wall Street on edge
• Negative Sentiment: Competitive pressure from Arista Networks, Dell, and Hewlett Packard Enterprise remains a key concern ahead of earnings and could cap upside if Cisco’s growth outlook disappoints. Buy Cisco Stock Ahead of Q3 Earnings? Here’s What to Know

Cisco Systems Price Performance

CSCO stock opened at $98.72 on Tuesday. The stock has a 50-day moving average price of $83.08 and a two-hundred day moving average price of $78.94. Cisco Systems, Inc. has a 12-month low of $60.85 and a 12-month high of $98.83. The company has a current ratio of 0.96, a quick ratio of 0.85 and a debt-to-equity ratio of 0.45. The company has a market cap of $389.93 billion, a PE ratio of 34.64, a price-to-earnings-growth ratio of 3.62 and a beta of 0.92.

Cisco Systems (NASDAQ:CSCO) last posted its quarterly earnings results on Wednesday, February 11th. The network equipment provider reported $1.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.02 by $0.02. Cisco Systems had a return on equity of 27.88% and a net margin of 19.22%.The firm had revenue of $15.35 billion during the quarter, compared to the consensus estimate of $15.11 billion. During the same quarter in the previous year, the business earned $0.94 earnings per share. The firm’s quarterly revenue was up 9.7% compared to the same quarter last year. As a group, research analysts predict that Cisco Systems, Inc. will post 3.42 EPS for the current year.

Cisco Systems Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 22nd. Stockholders of record on Thursday, April 2nd were given a $0.42 dividend. The ex-dividend date of this dividend was Thursday, April 2nd. This is a positive change from Cisco Systems’s previous quarterly dividend of $0.41. This represents a $1.68 annualized dividend and a dividend yield of 1.7%. Cisco Systems’s dividend payout ratio (DPR) is currently 58.95%.

Analysts Set New Price Targets

Several research firms recently commented on CSCO. DZ Bank upgraded Cisco Systems to a “strong-buy” rating in a research note on Friday, February 13th. CICC Research upped their target price on Cisco Systems from $84.00 to $96.00 and gave the company an “outperform” rating in a research note on Friday, February 13th. Erste Group Bank lowered Cisco Systems from a “buy” rating to a “hold” rating in a research note on Wednesday, February 18th. Rosenblatt Securities reiterated a “buy” rating and issued a $100.00 target price on shares of Cisco Systems in a research note on Thursday, February 12th. Finally, Argus upgraded Cisco Systems to a “strong-buy” rating in a research note on Friday, February 13th. Three analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat, Cisco Systems currently has a consensus rating of “Moderate Buy” and an average target price of $90.29.

About Cisco Systems

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.