Cisco Systems, Inc. $CSCO Stock Sold by Douglas Lane & Associates LLC

Douglas Lane & Associates LLC cut its stake in Cisco Systems, Inc. (NASDAQ:CSCO) by 5.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 119,831 shares of the network equipment provider’s stock after selling 7,473 shares during the quarter. Douglas Lane & Associates LLC’s holdings in Cisco Systems were worth $12,897,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Bridgewater Advisors Inc. purchased a new position in Cisco Systems in the second quarter valued at approximately $6,442,000. Beacon Pointe Advisors LLC purchased a new stake in shares of Cisco Systems during the 2nd quarter worth approximately $60,009,000. Western Wealth Management LLC boosted its holdings in shares of Cisco Systems by 60.5% in the 1st quarter. Western Wealth Management LLC now owns 76,372 shares of the network equipment provider’s stock valued at $5,926,000 after buying an additional 28,792 shares in the last quarter. ABN AMRO Bank N.V. purchased a new position in shares of Cisco Systems in the 2nd quarter valued at $19,114,000. Finally, USS Investment Management Ltd raised its stake in Cisco Systems by 1.8% during the 1st quarter. USS Investment Management Ltd now owns 686,466 shares of the network equipment provider’s stock worth $53,253,000 after acquiring an additional 12,251 shares in the last quarter. 73.33% of the stock is currently owned by hedge funds and other institutional investors.

Cisco Systems Price Performance

CSCO traded up $2.79 during midday trading on Friday, reaching $117.68. 3,759,735 shares of the company’s stock were exchanged, compared to its average volume of 22,401,084. The business’s 50-day moving average price is $112.13 and its 200 day moving average price is $107.70. The stock has a market capitalization of $463.98 billion, a PE ratio of 35.24, a P/E/G ratio of 2.46 and a beta of 0.99. Cisco Systems, Inc. has a 1-year low of $66.81 and a 1-year high of $130.37. 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 posted its quarterly earnings data on Wednesday, August 12th. The network equipment provider reported $1.22 EPS for the quarter, beating analysts’ consensus estimates of $1.17 by $0.05. The business had revenue of $17.25 billion for the quarter, compared to analyst estimates of $16.84 billion. Cisco Systems had a return on equity of 30.16% and a net margin of 20.95%.The business’s revenue for the quarter was up 17.6% compared to the same quarter last year. During the same quarter last year, the company earned $0.99 earnings per share. 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, equities analysts anticipate that Cisco Systems, Inc. will post 4.41 EPS for the current fiscal year.

Cisco Systems Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 21st. Investors of record on Friday, October 2nd will be issued a $0.42 dividend. The ex-dividend date is Friday, October 2nd. This represents a $1.68 dividend on an annualized basis and a yield of 1.4%. Cisco Systems’s dividend payout ratio (DPR) is presently 50.30%.

More Cisco Systems News

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

• Positive Sentiment: Cisco’s AI networking business is benefiting from rising orders from hyperscale cloud providers, supporting the view that the company could be a leading supplier of AI cloud infrastructure in fiscal 2027. Its solid earnings outlook and recent streak of earnings beats reinforce the growth thesis. Buy Cisco Systems as Leader of the AI Cloud Networking Space for 2027
• Positive Sentiment: New agentic AI offerings across Webex, workplace automation and customer experience are expanding Cisco’s software opportunity. The announcements include AI agents, a Google Meet partnership for Cisco devices, the Dialog customer-experience platform and upcoming RoomOS 27 features. Cisco unveils agentic AI tools across Webex, workplace and CX
• Positive Sentiment: Wall Street’s average brokerage recommendation remains favorable, potentially supporting investor confidence and contributing to buying interest. However, analyst ratings can be overly optimistic and should be weighed against valuation and execution risks. Is Cisco CSCO a Buy as Wall Street Analysts Look Optimistic?
• Neutral Sentiment: Cisco’s latest product announcements, including collaboration technologies and a post-quantum security application, broaden its technology portfolio but have yet to demonstrate a material financial contribution. Cisco Added a FIPS Validated Post Quantum Security App
• Negative Sentiment: Recent coverage notes that Cisco’s 90-day share-price performance has weakened after a strong year-to-date rally, suggesting momentum may be cooling. The stock’s valuation also raises concerns about how much AI-related upside is already priced in. Cisco Systems Dropped, So What Is Behind the Latest Attention?

Wall Street Analyst Weigh In

CSCO has been the subject of several research reports. Truist Financial boosted their target price on Cisco Systems from $125.00 to $140.00 and gave the company a “buy” rating in a report on Thursday, August 13th. HSBC downgraded Cisco Systems from a “buy” rating to a “hold” rating and decreased their price objective for the company from $137.00 to $120.00 in a report on Friday, August 14th. Weiss Ratings reiterated a “buy (b)” rating on shares of Cisco Systems in a research note on Wednesday, August 26th. KeyCorp lifted their price objective on shares of Cisco Systems from $130.00 to $135.00 and gave the company an “overweight” rating in a research note on Thursday, August 13th. Finally, Barclays raised their price target on Cisco Systems from $121.00 to $123.00 and gave the stock an “equal weight” rating in a report on Thursday, August 13th. Three equities research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Cisco Systems has an average rating of “Moderate Buy” and a consensus target price of $128.52.

Insider Activity

In related news, EVP Deborah L. Stahlkopf sold 6,487 shares of the firm’s stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $111.53, for a total value of $723,495.11. Following the transaction, the executive vice president owned 167,116 shares in the company, valued at approximately $18,638,447.48. This trade represents a 3.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Charles Robbins sold 21,628 shares of the stock in a transaction on Friday, August 14th. The stock was sold at an average price of $111.54, for a total transaction of $2,412,387.12. Following the completion of the sale, the chief executive officer directly owned 602,710 shares of the company’s stock, valued at $67,226,273.40. The trade was a 3.46% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 44,869 shares of company stock valued at $5,005,620 in the last 90 days. 0.01% of the stock is owned by corporate insiders.

About Cisco Systems

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.