10,864 Shares in Cisco Systems, Inc. $CSCO Bought by CenterStar Asset Management LLC

CenterStar Asset Management LLC purchased a new stake in Cisco Systems, Inc. (NASDAQ:CSCO) in the 3rd quarter, HoldingsChannel reports. The fund purchased 10,864 shares of the network equipment provider’s stock, valued at approximately $1,172,000. Cisco Systems accounts for 0.3% of CenterStar Asset Management LLC’s portfolio, making the stock its 15th biggest position.

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

Cisco Systems Stock Performance

NASDAQ CSCO traded up $2.87 on Friday, hitting $117.76. 4,058,297 shares of the stock traded hands, compared to its average volume of 22,403,430. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.79 and a current ratio of 0.93. The business’s fifty day moving average is $112.13 and its two-hundred day moving average is $107.70. Cisco Systems, Inc. has a 12 month low of $66.81 and a 12 month high of $130.37. The firm has a market capitalization of $464.29 billion, a price-to-earnings ratio of 35.25, a PEG ratio of 2.46 and a beta of 0.99.

Cisco Systems (NASDAQ:CSCO) last issued its earnings results on Wednesday, August 12th. The network equipment provider reported $1.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.17 by $0.05. The firm 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 was up 17.6% on a year-over-year basis. During the same period in the previous year, the company posted $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 firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 21st. Shareholders 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 yield of 1.4%. The ex-dividend date is Friday, October 2nd. Cisco Systems’s dividend payout ratio (DPR) is currently 50.30%.

Wall Street Analyst Weigh In

Several equities analysts have commented on the stock. Wall Street Zen cut shares of Cisco Systems from a “buy” rating to a “hold” rating in a research report on Saturday, October 3rd. Deutsche Bank Aktiengesellschaft initiated coverage on Cisco Systems in a research report on Tuesday, September 1st. They set a “buy” rating and a $135.00 price target for the company. Morgan Stanley boosted their price objective on Cisco Systems from $130.00 to $135.00 and gave the stock an “overweight” rating in a research report 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 research note on Thursday, August 13th. Finally, KeyCorp lifted their target price on Cisco Systems from $130.00 to $135.00 and gave the stock an “overweight” rating in a research note on Thursday, August 13th. Three research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $128.52.

Insider Activity

In other news, insider Jeetendra Patel sold 7,170 shares of Cisco Systems stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $111.57, for a total value of $799,956.90. Following the completion of the transaction, the insider owned 230,593 shares in the company, valued at $25,727,261.01. This trade represents a 3.02% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 company’s stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $111.54, for a total transaction of $2,412,387.12. Following the sale, the chief executive officer owned 602,710 shares in the company, valued at $67,226,273.40. The trade was a 3.46% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 44,869 shares of company stock valued at $5,005,620. 0.01% of the stock is currently owned by corporate insiders.

Key Stories Impacting Cisco Systems

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?

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.