Cyndeo Wealth Partners LLC Buys 13,616 Shares of Cisco Systems, Inc. $CSCO

Cyndeo Wealth Partners LLC boosted its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 9.6% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 155,688 shares of the network equipment provider’s stock after buying an additional 13,616 shares during the quarter. Cyndeo Wealth Partners LLC’s holdings in Cisco Systems were worth $18,201,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Selective Wealth Management Inc. raised its holdings in shares of Cisco Systems by 48.5% during the 3rd quarter. Selective Wealth Management Inc. now owns 2,687 shares of the network equipment provider’s stock worth $295,000 after acquiring an additional 878 shares during the period. Hanson & Doremus Investment Management increased its position in shares of Cisco Systems by 0.7% during the 3rd quarter. Hanson & Doremus Investment Management now owns 54,147 shares of the network equipment provider’s stock worth $5,883,000 after purchasing an additional 395 shares during the last quarter. Pension & Wealth Management Advisors Inc. increased its position in shares of Cisco Systems by 39.5% during the 3rd quarter. Pension & Wealth Management Advisors Inc. now owns 13,446 shares of the network equipment provider’s stock worth $1,452,000 after purchasing an additional 3,805 shares during the last quarter. Howard Capital Management LLC raised its holdings in Cisco Systems by 0.9% in the 3rd quarter. Howard Capital Management LLC now owns 127,314 shares of the network equipment provider’s stock valued at $13,829,000 after buying an additional 1,104 shares during the period. Finally, Chemistry Wealth Management LLC lifted its position in Cisco Systems by 60.3% in the third quarter. Chemistry Wealth Management LLC now owns 4,654 shares of the network equipment provider’s stock valued at $501,000 after buying an additional 1,750 shares during the last quarter. 73.33% of the stock is currently owned by institutional investors and hedge funds.

Key Cisco Systems News

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

• Positive Sentiment: AI infrastructure collaboration: Cisco and NVIDIA are developing a 400G optical standard for AI data centers, designed to increase bandwidth density and support an open hardware ecosystem. The initiative could strengthen Cisco’s position in large-scale AI networking. Cisco Backs a New 400G Optical Standard for AI Data Centers
• Positive Sentiment: Strong demand and sales momentum: Cisco’s AI infrastructure spending and campus-network upgrades are supporting demand. Analysts also highlighted the company’s 17.6% year-over-year quarterly sales growth—the fastest pace in roughly a decade—as evidence of improving fundamentals. How Rare Is Cisco’s Record Sales Growth?
• Positive Sentiment: Relative valuation appeal: A comparison with Astera Labs argues that Cisco offers greater potential upside at a lower valuation while benefiting from robust networking demand, though Astera has delivered stronger recent stock performance. ALAB vs. CSCO: Which AI Infrastructure Stock Is a Better Buy?
• Neutral Sentiment: Recurring-revenue question: Investors are assessing whether Cisco can sustain software and support renewals after the current equipment-upgrade cycle slows. Recurring revenue would provide stability, but the articles do not offer new renewal data. Can Software Renewals Outlast the Networking Upgrade Cycle?
• Negative Sentiment: Competitive and headline risks: Arista Networks has outperformed Cisco in AI networking, underscoring competitive concerns. Separately, Cisco’s multimillion-dollar donation to a White House ballroom project could create reputational or political controversy, although it has no direct financial impact disclosed. Nvidia and Cisco Confirm Donations to White House Ballroom

Insider Buying and Selling at Cisco Systems

In related news, CEO Charles Robbins sold 21,628 shares of Cisco Systems stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $111.54, for a total value of $2,412,387.12. Following the completion of the transaction, 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Oliver Tuszik sold 2,760 shares of the business’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 transaction, the executive vice president owned 165,276 shares of the company’s stock, valued at approximately $18,586,938.96. The trade was a 1.64% 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. In the last 90 days, insiders sold 44,869 shares of company stock valued at $5,005,620. 0.01% of the stock is currently owned by company insiders.

Cisco Systems Stock Down 2.2%

Cisco Systems stock opened at $107.39 on Friday. Cisco Systems, Inc. has a twelve month low of $68.95 and a twelve month high of $130.37. The stock’s fifty day simple moving average is $111.38 and its 200-day simple moving average is $108.87. The company has a current ratio of 0.93, a quick ratio of 0.79 and a debt-to-equity ratio of 0.39. The firm has a market capitalization of $423.39 billion, a P/E ratio of 32.15, a P/E/G ratio of 2.29 and a beta of 0.99.

Cisco Systems (NASDAQ:CSCO) last released its earnings results 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 return on equity of 30.16% and a net margin of 20.95%. The firm had revenue of $17.25 billion during the quarter, compared to analyst estimates of $16.84 billion. During the same period last year, the business posted $0.99 earnings per share. Cisco Systems’s revenue was up 17.6% compared to the same quarter last year. 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 expect that Cisco Systems, Inc. will post 4.42 earnings per share for the current fiscal year.

Cisco Systems Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 21st. Stockholders of record on Friday, October 2nd will be paid a $0.42 dividend. This represents a $1.68 annualized dividend and a dividend yield of 1.6%. The ex-dividend date is Friday, October 2nd. Cisco Systems’s dividend payout ratio (DPR) is presently 50.30%.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the stock. Sanford C. Bernstein initiated coverage on shares of Cisco Systems in a research report on Wednesday, September 30th. They set a “market perform” rating and a $110.00 price target for the company. UBS Group raised their price target on Cisco Systems from $132.00 to $138.00 and gave the stock a “buy” rating in a research report on Thursday, August 13th. KeyCorp boosted their price objective on Cisco Systems from $130.00 to $135.00 and gave the company an “overweight” rating in a report on Thursday, August 13th. Freedom Capital raised Cisco Systems from a “hold” rating to a “strong-buy” rating in a research note on Sunday, August 16th. Finally, Deutsche Bank Aktiengesellschaft began coverage on Cisco Systems in a report on Tuesday, September 1st. They set a “buy” rating and a $135.00 target price for the company. Three research 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 stock. According to MarketBeat, Cisco Systems currently has a consensus rating of “Moderate Buy” and a consensus price target of $128.52.

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.