Cisco Systems, Inc. $CSCO Stock Position Reduced by OLD National Bancorp IN

OLD National Bancorp IN lessened its stake in Cisco Systems, Inc. (NASDAQ:CSCO) by 11.8% during the 4th quarter, Holdings Channel reports. The institutional investor owned 149,796 shares of the network equipment provider’s stock after selling 20,057 shares during the quarter. OLD National Bancorp IN’s holdings in Cisco Systems were worth $11,539,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Arrowstreet Capital Limited Partnership raised its holdings in shares of Cisco Systems by 110.2% during the third quarter. Arrowstreet Capital Limited Partnership now owns 18,406,442 shares of the network equipment provider’s stock worth $1,259,369,000 after acquiring an additional 9,648,265 shares in the last quarter. Wellington Management Group LLP grew its stake in Cisco Systems by 19.5% in the third quarter. Wellington Management Group LLP now owns 33,748,414 shares of the network equipment provider’s stock valued at $2,309,066,000 after purchasing an additional 5,498,375 shares in the last quarter. Invesco Ltd. increased its position in Cisco Systems by 10.5% in the 3rd quarter. Invesco Ltd. now owns 53,612,720 shares of the network equipment provider’s stock worth $3,668,182,000 after purchasing an additional 5,081,469 shares during the last quarter. Danske Bank A S purchased a new stake in shares of Cisco Systems during the 3rd quarter worth about $233,956,000. Finally, Legal & General Group Plc raised its stake in shares of Cisco Systems by 7.2% during the 3rd quarter. Legal & General Group Plc now owns 37,674,954 shares of the network equipment provider’s stock worth $2,577,720,000 after purchasing an additional 2,535,716 shares in the last quarter. Hedge funds and other institutional investors own 73.33% of the company’s stock.

Insider Activity

In other news, EVP Oliver Tuszik sold 3,132 shares of the stock in a transaction that occurred on Wednesday, March 18th. The stock was sold at an average price of $79.74, for a total value of $249,745.68. Following the completion of the transaction, the executive vice president directly owned 188,613 shares of the company’s stock, valued at approximately $15,040,000.62. This represents a 1.63% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP Maria Victoria Wong sold 551 shares of the firm’s stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $77.54, for a total value of $42,724.54. Following the transaction, the senior vice president owned 27,957 shares of the company’s stock, valued at $2,167,785.78. This trade represents a 1.93% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 46,431 shares of company stock valued at $3,574,820. 0.01% of the stock is owned by insiders.

Cisco Systems Stock Performance

Shares of NASDAQ CSCO opened at $89.44 on Thursday. Cisco Systems, Inc. has a 12 month low of $55.16 and a 12 month high of $90.45. The company has a market cap of $353.29 billion, a P/E ratio of 31.32, a P/E/G ratio of 3.38 and a beta of 0.83. The business’s 50 day moving average is $80.03 and its two-hundred day moving average is $77.16. The company has a quick ratio of 0.85, a current ratio of 0.96 and a debt-to-equity ratio of 0.45.

Cisco Systems (NASDAQ:CSCO) last announced its quarterly earnings data on Wednesday, February 11th. The network equipment provider reported $1.04 earnings per share (EPS) for the quarter, topping 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 business had revenue of $15.35 billion for the quarter, compared to the consensus estimate of $15.11 billion. During the same quarter last year, the company posted $0.94 earnings per share. Cisco Systems’s quarterly revenue was up 9.7% on a year-over-year basis. On average, equities analysts expect that Cisco Systems, Inc. will post 3.4 EPS for the current year.

Cisco Systems Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 22nd. Shareholders of record on Thursday, April 2nd were given a $0.42 dividend. The ex-dividend date was Thursday, April 2nd. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.9%. This is an increase from Cisco Systems’s previous quarterly dividend of $0.41. Cisco Systems’s dividend payout ratio is 58.95%.

More Cisco Systems News

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

• Positive Sentiment: AI networking demand and lifted outlook: coverage notes that rising demand for AI?optimized networking products helped push CSCO to a 52?week high, supporting momentum but also prompting questions about valuation vs. competitors. Cisco Hits 52-Week High: Should You Still Buy the CSCO Stock?
• Positive Sentiment: Bullish price target from a model: 24/7 Wall St. publishes a $98.76 12?month target (?12.6% upside in their model), reinforcing the bullish narrative that AI and networking tailwinds can drive further gains. Why Cisco’s AI and Networking Tailwinds Point to $98.76 in 12 Months
• Positive Sentiment: Channel win that could accelerate security/compliance sales: Qmulos’ Q?Compliance and Q?BA2 are now on Cisco’s Global Price List, meaning partners and customers can buy those compliance solutions through Cisco’s sales channel — a distribution lever for security?adjacent revenue. Qmulos Now Available on Cisco Global Price List (GPL), Accelerating Continuous Compliance Solutions for Joint Customers
• Positive Sentiment: Analyst and momentum coverage: Zacks and other investor pieces highlight Cisco’s momentum, AI exposure, deal activity and cloud demand, which can sustain investor interest into the next earnings cycle. Cisco Systems (CSCO) is a Great Momentum Stock: Should You Buy?
• Neutral Sentiment: Upcoming earnings are a near?term catalyst: previews expect low double?digit bottom?line growth for the coming quarter, so results and guidance will matter for sustaining the rally. Cisco Systems’ Q3 2026 Earnings: What to Expect
• Neutral Sentiment: Mixed market commentary and skepticism: some coverage points to elevated valuations and cautious sell?side takes in a few articles; these voices could temper the rally if guidance or execution disappoints. 3 Unpopular Stocks We’re Skeptical Of
• Neutral Sentiment: Broader AI security headlines: reports of unauthorized access to an AI vendor’s test environment keep AI security in focus; this is an industry?level risk that could raise diligence requirements for customers buying AI networking and security stacks. Unauthorized Users Access Anthropic’s Mythos AI During Limited Testing Rollout

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. DZ Bank raised Cisco Systems to a “strong-buy” rating in a research note on Friday, February 13th. BNP Paribas Exane lifted their target price on shares of Cisco Systems from $86.00 to $87.00 and gave the company an “outperform” rating in a research note on Thursday, February 12th. Wall Street Zen lowered shares of Cisco Systems from a “buy” rating to a “hold” rating in a research note on Saturday, March 14th. Erste Group Bank downgraded shares of Cisco Systems from a “buy” rating to a “hold” rating in a report on Wednesday, February 18th. Finally, Argus upgraded shares of Cisco Systems to a “strong-buy” rating in a report on Friday, February 13th. Three analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $89.81.

Cisco Systems Profile

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.