Reliant Investment Management LLC Makes New Investment in Cisco Systems, Inc. $CSCO

Reliant Investment Management LLC acquired a new stake in Cisco Systems, Inc. (NASDAQ:CSCO) during the third quarter, Holdings Channel.com reports. The institutional investor acquired 7,099 shares of the network equipment provider’s stock, valued at approximately $764,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in CSCO. Cliftonlarsonallen Wealth Advisors LLC grew its position in shares of Cisco Systems by 26.9% during the 3rd quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 54,771 shares of the network equipment provider’s stock worth $5,895,000 after buying an additional 11,595 shares during the period. Fortitude Family Office LLC lifted its holdings in Cisco Systems by 33.1% in the third quarter. Fortitude Family Office LLC now owns 2,837 shares of the network equipment provider’s stock valued at $305,000 after buying an additional 706 shares during the period. Johnson Bixby & Associates LLC lifted its holdings in Cisco Systems by 81.1% in the third quarter. Johnson Bixby & Associates LLC now owns 5,237 shares of the network equipment provider’s stock valued at $564,000 after buying an additional 2,346 shares during the period. Weil Company Inc. lifted its holdings in Cisco Systems by 10.3% in the third quarter. Weil Company Inc. now owns 2,083 shares of the network equipment provider’s stock valued at $224,000 after buying an additional 195 shares during the period. Finally, Western Financial Corp CA bought a new position in Cisco Systems in the third quarter valued at approximately $735,000. 73.33% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. Zacks Research raised shares of Cisco Systems from a “hold” rating to a “strong-buy” rating in a report on Wednesday, September 30th. HSBC downgraded Cisco Systems from a “buy” rating to a “hold” rating and cut their price target for the company from $137.00 to $120.00 in a research note on Friday, August 14th. Rosenblatt Securities lifted their price objective on Cisco Systems from $150.00 to $165.00 and gave the stock a “buy” rating in a research note on Thursday, August 13th. Barclays upped their price objective on Cisco Systems from $121.00 to $123.00 and gave the company an “equal weight” rating in a report on Thursday, August 13th. Finally, Piper Sandler cut their target price on Cisco Systems from $132.00 to $125.00 and set a “neutral” rating on the stock in a research note on Tuesday, September 22nd. Three investment analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $128.52.

Cisco Systems Stock Down 1.2%

Cisco Systems stock opened at $113.64 on Thursday. The company’s 50 day simple moving average is $111.88 and its 200 day simple moving average is $108.67. Cisco Systems, Inc. has a fifty-two week low of $68.57 and a fifty-two week high of $130.37. The firm has a market capitalization of $448.04 billion, a price-to-earnings ratio of 34.02, a PEG ratio of 2.40 and a beta of 0.99. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.93 and a quick ratio of 0.79.

Cisco Systems (NASDAQ:CSCO) last issued its quarterly earnings data on Wednesday, August 12th. The network equipment provider reported $1.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.17 by $0.05. Cisco Systems had a net margin of 20.95% and a return on equity of 30.16%. The firm had revenue of $17.25 billion during the quarter, compared to analysts’ expectations of $16.84 billion. During the same quarter in the previous year, the company earned $0.99 earnings per share. The business’s revenue for the quarter was up 17.6% on a year-over-year basis. 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. As a group, sell-side analysts anticipate that Cisco Systems, Inc. will post 4.42 EPS for the current year.

Cisco Systems Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 21st. Stockholders of record on Friday, October 2nd will be given a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend is Friday, October 2nd. Cisco Systems’s dividend payout ratio (DPR) is currently 50.30%.

Cisco Systems News Roundup

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

• Positive Sentiment: AI infrastructure orders, network upgrades, and cybersecurity demand continue to support Cisco’s long-term growth outlook. The company’s latest reported quarter exceeded earnings and revenue expectations, with revenue up 17.6% year over year. Should You Buy, Sell, or Hold Cisco Stock After a 68% Rise in a Year?
• Positive Sentiment: Analysts and value-focused investors continue to view Cisco as a potentially durable business benefiting from networking, security, and AI infrastructure spending. Its dividend and cash-generation potential may also appeal to income-oriented investors. Cisco Stock And 2 Value Plays For an Overvalued Market
• Neutral Sentiment: Cisco’s earnings recovery is being tested by cash-flow conversion. Fiscal 2026 net income rose 30% to $13.3 billion, while operating cash flow remained around $14.2 billion; unrealized investment gains also boosted reported profit without producing operating cash. Investors will look for stronger recurring cash generation. Cisco Can Its Earnings Recovery Turn Into Lasting Cash Growth?
• Negative Sentiment: After a roughly 68% gain over the past year, valuation has become a headwind. Commentary citing Cisco as overvalued suggests investors may be taking profits because the stock’s elevated price-to-earnings multiple leaves less room for disappointment. Cisco Systems Shares Fall — GF Value Says Still Overvalued

Insider Buying and Selling

In related news, EVP Oliver Tuszik sold 2,760 shares of the firm’s stock in a transaction on Friday, August 14th. The stock was sold at an average price of $112.46, for a total transaction of $310,389.60. Following the sale, the executive vice president owned 165,276 shares of the company’s stock, valued at approximately $18,586,938.96. This trade represents a 1.64% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Charles Robbins sold 21,628 shares of Cisco Systems stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $111.54, for a total value of $2,412,387.12. Following the transaction, the chief executive officer owned 602,710 shares in the company, valued at approximately $67,226,273.40. This represents a 3.46% 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 have sold 44,869 shares of company stock worth $5,005,620 over the last ninety days. Insiders own 0.01% of the company’s stock.

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.