SevenBridge Financial Group LLC Decreases Holdings in Cisco Systems, Inc. $CSCO

Posted by Joseph Griffin on Mar 12th, 2026

SevenBridge Financial Group LLC lessened its stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO – Free Report) by 18.0% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 64,067 shares of the network equipment provider’s stock after selling 14,047 shares during the period. SevenBridge Financial Group LLC’s holdings in Cisco Systems were worth $4,738,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. Norges Bank acquired a new position in shares of Cisco Systems during the second quarter valued at approximately $3,816,825,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main raised its stake in Cisco Systems by 413.3% in the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 22,393,371 shares of the network equipment provider’s stock valued at $1,553,645,000 after purchasing an additional 18,030,441 shares during the last quarter. Franklin Resources Inc. boosted its stake in Cisco Systems by 46.2% during the 2nd quarter. Franklin Resources Inc. now owns 40,836,858 shares of the network equipment provider’s stock worth $2,833,261,000 after purchasing an additional 12,904,969 shares during the last quarter. Laurel Wealth Advisors LLC raised its position in shares of Cisco Systems by 6,778.2% in the second quarter. Laurel Wealth Advisors LLC now owns 6,810,012 shares of the network equipment provider’s stock valued at $472,479,000 after buying an additional 6,711,004 shares during the last quarter. Finally, Vanguard Group Inc. lifted its stake in shares of Cisco Systems by 1.3% in the second quarter. Vanguard Group Inc. now owns 393,989,568 shares of the network equipment provider’s stock worth $27,334,996,000 after buying an additional 5,039,714 shares in the last quarter. 73.33% of the stock is currently owned by institutional investors and hedge funds.

Cisco Systems Stock Performance

Shares of Cisco Systems stock opened at $78.10 on Thursday. The business’s fifty day simple moving average is $77.96 and its 200-day simple moving average is $74.35. The company has a quick ratio of 0.85, a current ratio of 0.96 and a debt-to-equity ratio of 0.45. The firm has a market cap of $308.49 billion, a PE ratio of 27.40, a price-to-earnings-growth ratio of 2.94 and a beta of 0.87. Cisco Systems, Inc. has a 52 week low of $52.11 and a 52 week high of $88.18.

Cisco Systems (NASDAQ:CSCO – Get Free Report) last issued its quarterly earnings data on Wednesday, February 11th. The network equipment provider reported $1.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.02 by $0.02. Cisco Systems had a net margin of 19.22% and a return on equity of 27.88%. The firm had revenue of $15.35 billion for the quarter, compared to analyst estimates of $15.11 billion. During the same period in the previous year, the firm earned $0.94 EPS. Cisco Systems’s revenue was up 9.7% on a year-over-year basis. Equities analysts forecast that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.

Cisco Systems Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 22nd. Stockholders of record on Thursday, April 2nd will be issued a $0.42 dividend. The ex-dividend date is Thursday, April 2nd. This represents a $1.68 annualized dividend and a dividend yield of 2.2%. This is an increase from Cisco Systems’s previous quarterly dividend of $0.41. Cisco Systems’s dividend payout ratio (DPR) is currently 58.95%.

Analyst Ratings Changes

CSCO has been the subject of several research reports. Piper Sandler upped their price objective on shares of Cisco Systems from $70.00 to $86.00 and gave the company a “neutral” rating in a research note on Thursday, November 13th. CICC Research upped their price target on Cisco Systems from $84.00 to $96.00 and gave the company an “outperform” rating in a research report on Friday, February 13th. Barclays lifted their price objective on Cisco Systems from $71.00 to $76.00 and gave the stock an “equal weight” rating in a research report on Thursday, November 13th. JPMorgan Chase & Co. boosted their price objective on Cisco Systems from $90.00 to $95.00 and gave the stock an “overweight” rating in a research note on Monday, February 9th. Finally, KeyCorp lifted their price target on Cisco Systems from $77.00 to $87.00 and gave the stock an “overweight” rating in a report on Thursday, November 13th. Three investment analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Cisco Systems has an average rating of “Moderate Buy” and a consensus price target of $89.55.

Check Out Our Latest Analysis on CSCO

Key Stories Impacting Cisco Systems

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

Positive Sentiment: Cisco’s “Secure AI Factory” deal emphasizes its role in sovereign and enterprise AI infrastructure, strengthening the company’s software/security narrative that investors view as higher?margin long term. Cisco Secure AI Factory Deal Puts Sovereign AI At Center For Cisco Investors
Positive Sentiment: Media analysis highlights Cisco’s “agentic” AI roadmap, suggesting upside beyond networking hardware into software and AI services — a structural growth story that supports a higher valuation multiple. How Cisco’s Artificial Intelligence ‘Agentic’ Makeover Will Rewire Internet Pioneer
Positive Sentiment: Management’s presentation at Morgan Stanley highlighted strong FQ2 execution and demand for AI infrastructure and security, reinforcing near?term revenue momentum and investor confidence. Cisco Systems (CSCO) Presents at Morgan Stanley’s Conference, Here’s What You Need to Know
Positive Sentiment: Industry research projects sizable cybersecurity market growth through 2031, which benefits Cisco’s security portfolio and recurring?revenue mix. Cybersecurity Solutions Market Research Report 2026-2031, Profiles of Prominent Players – Palo Alto Networks, Fortinet, CrowdStrike, Cisco Systems, IBM
Neutral Sentiment: Cisco’s Networking Academy partnership with Senac Brasil aims to build long?term talent and market access in underserved regions — positive for brand and adoption but limited near?term financial impact. In Partnership with Senac Brasil and Senac Pará, the Cisco Networking Academy Provides Pathway to AI-enriched Future
Neutral Sentiment: Public data on short interest in March appears noisy/insignificant (reported as 0 shares with NaN changes), so there’s no clear short?squeeze or covering story driving today’s move.
Neutral Sentiment: Elevated media and analyst attention (Zacks, sector writeups) is bringing investor focus to CSCO, which can amplify moves but doesn’t by itself change fundamentals. Cisco Systems, Inc. (CSCO) is Attracting Investor Attention: Here is What You Should Know
Neutral Sentiment: Geopolitical tensions (Iran-related attacks on regional data centers) create execution risk for hyperscaler and cloud buildouts in the Middle East — a macro factor that could indirectly affect hardware demand. How the Iran war could impact hyperscalers’ massive AI buildout in the Middle East
Negative Sentiment: Cisco faces margin pressure from higher memory costs and a hardware?heavy product mix; that reduces near?term operating leverage even as top?line growth accelerates. This is the clearest near?term risk to valuation. Cisco Balances Amazon Skills Push With Ongoing Margin Pressures

Insider Activity

In related news, Director Michael D. Capellas sold 16,150 shares of the stock in a transaction that occurred on Thursday, December 18th. The shares were sold at an average price of $77.28, for a total transaction of $1,248,072.00. Following the completion of the transaction, the director owned 157,218 shares of the company’s stock, valued at approximately $12,149,807.04. This trade represents a 9.32% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Maria Victoria Wong sold 2,179 shares of the business’s stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $77.74, for a total value of $169,395.46. Following the completion of the sale, the senior vice president directly owned 28,807 shares in the company, valued at approximately $2,239,456.18. The trade was a 7.03% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 75,249 shares of company stock worth $5,776,829 in the last three months. 0.01% of the stock is currently owned by corporate insiders.

Cisco Systems Profile

(Free Report)

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.