Beto Financial Group LLC Buys Shares of 13,256 Cisco Systems, Inc. $CSCO

Beto Financial Group LLC bought a new stake in Cisco Systems, Inc. (NASDAQ:CSCO) in the 4th quarter, Holdings Channel.com reports. The fund bought 13,256 shares of the network equipment provider’s stock, valued at approximately $1,069,000. Cisco Systems accounts for approximately 0.7% of Beto Financial Group LLC’s holdings, making the stock its 27th largest position.

Other large investors have also recently bought and sold shares of the company. MidAtlantic Capital Management Inc. bought a new stake in Cisco Systems in the fourth quarter valued at approximately $25,000. EQ Wealth Advisors LLC acquired a new stake in shares of Cisco Systems during the fourth quarter worth $31,000. Board of the Pension Protection Fund acquired a new stake in shares of Cisco Systems during the fourth quarter worth $31,000. Anfield Capital Management LLC raised its holdings in shares of Cisco Systems by 248.9% during the fourth quarter. Anfield Capital Management LLC now owns 485 shares of the network equipment provider’s stock worth $37,000 after acquiring an additional 346 shares during the period. Finally, Joseph Group Capital Management acquired a new stake in shares of Cisco Systems during the fourth quarter worth $38,000. Institutional investors own 73.33% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently commented on CSCO shares. Wells Fargo & Company raised their price objective on shares of Cisco Systems from $95.00 to $130.00 and gave the stock an “overweight” rating in a report on Thursday, May 14th. Bank of America raised their price objective on shares of Cisco Systems from $114.00 to $135.00 and gave the stock a “buy” rating in a report on Tuesday, May 26th. Wall Street Zen lowered shares of Cisco Systems from a “buy” rating to a “hold” rating in a report on Saturday, March 14th. The Goldman Sachs Group raised their price objective on shares of Cisco Systems from $75.00 to $116.00 and gave the stock a “neutral” rating in a report on Thursday, May 14th. Finally, BNP Paribas Exane increased their target price on shares of Cisco Systems from $87.00 to $132.00 and gave the stock an “outperform” rating in a report on Thursday, May 14th. Two analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat, Cisco Systems has an average rating of “Moderate Buy” and a consensus price target of $119.09.

Key Headlines Impacting Cisco Systems

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

• Positive Sentiment: Wall Street sentiment is turning more bullish on Cisco after its strong quarter, with BofA reportedly raising its price target to $135 from $114 and reiterating a Buy rating. Wall Street Turns More Bullish on Cisco (CSCO) after Strong Quarter
• Positive Sentiment: Cisco’s valuation and momentum are being highlighted again after record quarterly revenue, $5.3 billion in year-to-date AI infrastructure orders, and guidance that came in above expectations, reinforcing the growth narrative behind the recent stock strength. Cisco Systems (CSCO) Valuation Check After Record Revenue And Strong AI Infrastructure Momentum
• Positive Sentiment: Brokerage coverage remains constructive, with Cisco receiving a consensus “Moderate Buy” rating, which can help sustain investor confidence. Cisco Systems, Inc. (NASDAQ:CSCO) Given Consensus Rating of “Moderate Buy” by Brokerages
• Neutral Sentiment: Cisco is also showing up on stock-watch lists and search trends, reflecting elevated investor interest rather than a new fundamental catalyst. Here is What to Know Beyond Why Cisco Systems, Inc. (CSCO) is a Trending Stock

Insider Transactions at Cisco Systems

In other news, EVP Thimaya K. Subaiya sold 1,744 shares of the stock in a transaction dated Thursday, March 12th. The shares were sold at an average price of $77.07, for a total value of $134,410.08. Following the transaction, the executive vice president directly owned 156,693 shares of the company’s stock, valued at $12,076,329.51. This represents a 1.10% 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. Also, insider Jeetendra I. Patel sold 7,169 shares of the stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $117.28, for a total transaction of $840,780.32. Following the completion of the transaction, the insider directly owned 246,737 shares in the company, valued at $28,937,315.36. The trade was a 2.82% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 51,324 shares of company stock valued at $5,559,834. 0.01% of the stock is owned by company insiders.

Cisco Systems Stock Performance

Shares of CSCO stock opened at $121.33 on Tuesday. The stock has a market cap of $478.21 billion, a P/E ratio of 39.39, a P/E/G ratio of 3.16 and a beta of 1.01. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.92 and a quick ratio of 0.81. The company has a fifty day moving average price of $94.31 and a two-hundred day moving average price of $83.61. Cisco Systems, Inc. has a one year low of $62.71 and a one year high of $121.95.

Cisco Systems (NASDAQ:CSCO) last announced its quarterly earnings results on Wednesday, May 13th. The network equipment provider reported $1.06 EPS for the quarter, beating analysts’ consensus estimates of $1.03 by $0.03. The firm had revenue of $15.84 billion during the quarter, compared to analysts’ expectations of $15.56 billion. Cisco Systems had a net margin of 20.14% and a return on equity of 28.44%. The company’s revenue for the quarter was up 12.0% compared to the same quarter last year. During the same quarter last year, the company posted $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. As a group, equities analysts predict that Cisco Systems, Inc. will post 3.44 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. Shareholders of record on Monday, July 6th will be paid a $0.42 dividend. The ex-dividend date is Monday, July 6th. This represents a $1.68 dividend on an annualized basis and a yield of 1.4%. Cisco Systems’s dividend payout ratio (DPR) is currently 54.55%.

Cisco Systems Company 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.