Cisco Systems, Inc. $CSCO Shares Purchased by Saturna Capital Corp

Saturna Capital Corp increased its stake in Cisco Systems, Inc. (NASDAQ:CSCO) by 2.7% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,788,543 shares of the network equipment provider’s stock after buying an additional 46,233 shares during the quarter. Cisco Systems comprises 1.9% of Saturna Capital Corp’s portfolio, making the stock its 14th largest position. Saturna Capital Corp’s holdings in Cisco Systems were worth $138,773,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of CSCO. Intesa Sanpaolo Wealth Management bought a new stake in Cisco Systems in the fourth quarter valued at $25,000. MidAtlantic Capital Management Inc. acquired a new position in Cisco Systems during the 4th quarter valued at about $25,000. Networth Advisors LLC increased its position in Cisco Systems by 276.4% in the 1st quarter. Networth Advisors LLC now owns 335 shares of the network equipment provider’s stock valued at $26,000 after acquiring an additional 246 shares during the period. Manning & Napier Advisors LLC grew its stake in shares of Cisco Systems by 137.0% in the first quarter. Manning & Napier Advisors LLC now owns 346 shares of the network equipment provider’s stock worth $27,000 after purchasing an additional 200 shares in the last quarter. Finally, Financial Life Planners acquired a new position in shares of Cisco Systems during the first quarter valued at $27,000. 73.33% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

CSCO has been the subject of a number of analyst reports. KeyCorp upped their price objective on shares of Cisco Systems from $125.00 to $130.00 and gave the company an “overweight” rating in a research note on Thursday, June 25th. Weiss Ratings upgraded Cisco Systems from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, May 29th. UBS Group lifted their price objective on shares of Cisco Systems from $95.00 to $132.00 and gave the company a “buy” rating in a research note on Thursday, May 14th. BNP Paribas Exane increased their target price on shares of Cisco Systems from $87.00 to $132.00 and gave the stock an “outperform” rating in a research report on Thursday, May 14th. Finally, Citic Securities upped their target price on Cisco Systems from $90.00 to $130.00 in a research report on Friday, May 15th. Three investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $123.14.

Insiders Place Their Bets

In related news, EVP Oliver Tuszik sold 2,607 shares of the stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $121.12, for a total transaction of $315,759.84. Following the sale, the executive vice president owned 172,727 shares of the company’s stock, valued at $20,920,694.24. This represents a 1.49% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Jeetendra I. Patel sold 7,169 shares of the firm’s stock in a transaction on Friday, May 15th. The shares were sold at an average price of $117.28, for a total value of $840,780.32. Following the sale, the insider directly owned 246,737 shares in the company, valued at approximately $28,937,315.36. This trade represents a 2.82% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 47,650 shares of company stock valued at $5,668,823 in the last quarter. Company insiders own 0.01% of the company’s stock.

Cisco Systems Stock Performance

NASDAQ CSCO opened at $112.18 on Wednesday. Cisco Systems, Inc. has a twelve month low of $65.75 and a twelve month high of $130.37. The company has a quick ratio of 0.81, a current ratio of 0.92 and a debt-to-equity ratio of 0.40. The stock has a market cap of $442.15 billion, a P/E ratio of 36.42, a PEG ratio of 2.82 and a beta of 1.02. The company’s 50-day simple moving average is $117.89 and its 200 day simple moving average is $93.92.

Cisco Systems (NASDAQ:CSCO) last released its quarterly earnings results on Wednesday, May 13th. The network equipment provider reported $1.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.03 by $0.03. The business had revenue of $15.84 billion during the quarter, compared to analysts’ expectations of $15.56 billion. Cisco Systems had a return on equity of 28.44% and a net margin of 20.14%.The firm’s revenue for the quarter was up 12.0% compared to the same quarter last year. During the same period in the previous year, the business posted $0.96 earnings per share. Cisco Systems has set its Q4 2026 guidance at 1.160-1.180 EPS and its FY 2026 guidance at 4.270-4.290 EPS. As a group, research analysts forecast that Cisco Systems, Inc. will post 3.54 earnings per share for the current fiscal year.

Cisco Systems Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 22nd. Shareholders of record on Monday, July 6th will be given a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend is Monday, July 6th. Cisco Systems’s dividend payout ratio is 54.55%.

More Cisco Systems News

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

• Positive Sentiment: Wall Street sentiment remains constructive, with one report noting Cisco’s average analyst recommendation is still “Moderate Buy,” and another saying Wall Street Zen upgraded the stock to “Buy.” Cisco Systems, Inc. (NASDAQ:CSCO) Given Average Recommendation of “Moderate Buy” by Analysts
• Positive Sentiment: Investors are also focusing on Cisco’s AI-networking potential, including coverage asking whether the company can lead the AI network boom and highlighting Cisco’s quantum networking tests plus a new AI contact-center partnership for Webex. Can Cisco Systems (NASDAQ:CSCO) Lead the AI Network Boom?
• Positive Sentiment: Some market commentary remains bullish, including a price-prediction piece arguing Cisco could continue to benefit from its growing AI infrastructure exposure and recent order momentum. Price Prediction: Cisco Stock Will Double on This Date
• Neutral Sentiment: Cisco has also been a heavily discussed/trending stock, which can support trading interest but does not by itself change fundamentals. 3 Reasons to Sell CSCO and 1 Stock to Buy Instead
• Negative Sentiment: One article framed Cisco as overextended after a strong six-month rally, suggesting some investors may be taking profits after a big run-up in the stock. 3 Reasons to Sell CSCO and 1 Stock to Buy Instead
• Negative Sentiment: Short-term trading has been choppy, with a recent report noting Cisco underperformed the broader market in the latest session and another saying the stock dipped amid speculation about a possible Zafran Security acquisition. Cisco Systems (CSCO) Sees a More Significant Dip Than Broader Market: Some Facts to Know

Cisco Systems Company Profile

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.