Pioneer Trust Bank N A OR increased its stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO – Free Report) by 5.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 134,545 shares of the network equipment provider’s stock after purchasing an additional 7,485 shares during the quarter. Cisco Systems comprises about 2.5% of Pioneer Trust Bank N A OR’s portfolio, making the stock its 11th biggest position. Pioneer Trust Bank N A OR’s holdings in Cisco Systems were worth $10,439,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds and other institutional investors have also modified their holdings of the company. Vanguard Group Inc. lifted its holdings in Cisco Systems by 1.0% during the 4th quarter. Vanguard Group Inc. now owns 398,943,293 shares of the network equipment provider’s stock worth $30,730,602,000 after buying an additional 4,049,893 shares in the last quarter. State Street Corp increased its stake in shares of Cisco Systems by 0.5% in the 4th quarter. State Street Corp now owns 195,521,161 shares of the network equipment provider’s stock valued at $15,060,995,000 after buying an additional 1,057,962 shares during the period. Morgan Stanley increased its stake in shares of Cisco Systems by 0.3% in the 4th quarter. Morgan Stanley now owns 75,326,258 shares of the network equipment provider’s stock valued at $5,802,382,000 after buying an additional 206,352 shares during the period. Invesco Ltd. raised its position in shares of Cisco Systems by 11.6% during the fourth quarter. Invesco Ltd. now owns 59,836,782 shares of the network equipment provider’s stock worth $4,609,227,000 after acquiring an additional 6,224,062 shares during the last quarter. Finally, Norges Bank bought a new stake in shares of Cisco Systems during the fourth quarter worth $4,473,272,000. Institutional investors and hedge funds own 73.33% of the company’s stock.
Cisco Systems News Roundup
Here are the key news stories impacting Cisco Systems this week:
- Positive Sentiment: Cisco’s raised fiscal 2026 revenue and earnings guidance has kept sentiment constructive, reinforcing confidence that demand trends and execution are improving. Cisco Systems (CSCO) Raised Guidance, Is The Stock Fully Valued?
- Positive Sentiment: Investors are focusing on Cisco’s AI-related growth opportunities, including networking momentum tied to AI infrastructure, campus refresh projects, and hyperscaler deployments. Can Cisco’s AI Networking Momentum Lift CSCO Stock Higher?
- Positive Sentiment: News that World Wide Technology won a $230 million U.S. Army modernization agreement in partnership with Cisco highlights ongoing enterprise and public-sector demand for Cisco solutions. World Wide Technology Awarded U.S. Army GEMSS 2.1 Agreement to Advance Enterprise IT Modernization
- Neutral Sentiment: Zacks and Yahoo Finance articles noting that Cisco is attracting investor attention suggest the stock is on traders’ radar, but these pieces are more about visibility than a new catalyst. Cisco Systems, Inc. (CSCO) is Attracting Investor Attention: Here is What You Should Know
- Neutral Sentiment: Broader coverage comparing cybersecurity and chip-growth trends may help keep Cisco in the conversation, but it does not directly change the company’s fundamentals. Cybersecurity stocks are starting to catch up to chip growth
- Negative Sentiment: Some commentary is shifting to whether Cisco is already fully valued after its rally, which could cap near-term upside if investors decide the stock has run ahead of fundamentals. Cisco Systems (CSCO) Raised Guidance, Is The Stock Fully Valued?
Cisco Systems Trading Down 1.9%
Cisco Systems (NASDAQ:CSCO – Get Free Report) last issued its earnings results on Wednesday, May 13th. The network equipment provider reported $1.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.03 by $0.03. The firm had revenue of $15.84 billion for 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 company’s revenue was up 12.0% compared to the same quarter last year. During the same quarter last year, the business earned $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. Research analysts forecast that Cisco Systems, Inc. will post 3.54 EPS for the current year.
Cisco Systems Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 22nd. Investors of record on Monday, July 6th will be given a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date is Monday, July 6th. Cisco Systems’s dividend payout ratio (DPR) is currently 54.55%.
Wall Street Analysts Forecast Growth
Several research firms recently issued reports on CSCO. BNP Paribas Exane raised their price target on Cisco Systems from $87.00 to $132.00 and gave the company an “outperform” rating in a report on Thursday, May 14th. Evercore boosted their price objective on Cisco Systems from $110.00 to $150.00 and gave the stock an “outperform” rating in a report on Thursday, May 14th. Citic Securities upped their target price on shares of Cisco Systems from $90.00 to $130.00 in a research report on Friday, May 15th. JPMorgan Chase & Co. raised their target price on shares of Cisco Systems from $95.00 to $96.00 in a research note on Monday, May 11th. Finally, Wells Fargo & Company lifted their price target on shares of Cisco Systems from $95.00 to $130.00 and gave the stock an “overweight” rating in a research report on Thursday, May 14th. Three analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $123.14.
View Our Latest Report on Cisco Systems
Insider Buying and Selling at Cisco Systems
In related news, EVP Thimaya K. Subaiya sold 7,127 shares of the business’s stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $119.91, for a total transaction of $854,598.57. Following the completion of the transaction, the executive vice president owned 140,857 shares in the company, valued at approximately $16,890,162.87. The trade was a 4.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Deborah L. Stahlkopf sold 6,586 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $117.31, for a total transaction of $772,603.66. Following the completion of the sale, the executive vice president directly owned 177,223 shares of the company’s stock, valued at $20,790,030.13. The trade was a 3.58% decrease in their position. 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 47,650 shares of company stock worth $5,668,823 over the last ninety days. 0.01% of the stock is owned by corporate insiders.
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.
Featured Stories
- Five stocks we like better than Cisco Systems
- Apple and Broadcom Forge a Decade-Long Silicon Fortress
- SK Hynix’s Nasdaq Listing Could Reset the AI Memory Trade
- The AI Chip Sell-Off Looks Scary, But the Real Story May Be Liquidity
- Palantir’s CEO Just Called Out OpenAI and Anthropic
Want to see what other hedge funds are holding CSCO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cisco Systems, Inc. (NASDAQ:CSCO – Free Report).
Receive News & Ratings for Cisco Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cisco Systems and related companies with MarketBeat.com's FREE daily email newsletter.
