Cisco Systems, Inc. $CSCO Shares Acquired by Financiere des Professionnels Fonds d investissement inc.

Financiere des Professionnels Fonds d investissement inc. lifted its stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 9.4% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 72,044 shares of the network equipment provider’s stock after acquiring an additional 6,203 shares during the period. Financiere des Professionnels Fonds d investissement inc.’s holdings in Cisco Systems were worth $5,590,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of the company. MidAtlantic Capital Management Inc. purchased a new position in Cisco Systems during the fourth quarter worth about $25,000. Intesa Sanpaolo Wealth Management acquired a new position in shares of Cisco Systems in the 4th quarter worth approximately $25,000. Networth Advisors LLC boosted its position in shares of Cisco Systems by 276.4% during the first quarter. Networth Advisors LLC now owns 335 shares of the network equipment provider’s stock worth $26,000 after buying an additional 246 shares during the period. Financial Life Planners purchased a new position in Cisco Systems during the 1st quarter valued at about $27,000. Finally, Manning & Napier Advisors LLC boosted its stake in shares of Cisco Systems by 137.0% in the first quarter. Manning & Napier Advisors LLC now owns 346 shares of the network equipment provider’s stock valued at $27,000 after purchasing an additional 200 shares during the period. Hedge funds and other institutional investors own 73.33% of the company’s stock.

Cisco Systems News Summary

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

• Positive Sentiment: One report argues Cisco could reach $170, calling it a key AI infrastructure name and suggesting the company is benefiting from rising demand tied to AI-era networking. Price Prediction: Cisco Will Hit $170 on This Date
• Positive Sentiment: Zacks said Cisco’s strong year-to-date performance is being backed by higher AI orders, networking growth, security momentum, and improved earnings visibility. Cisco Jumps 52% YTD: Is There More Room for the Stock to Rise?
• Positive Sentiment: Cisco also announced a partnership-related integration for Webex Contact Center, reinforcing its push into AI-enabled enterprise software and contact-center tools. SuccessKPI Powers Next Generation Hybrid Contact Centers with WEM for Webex Cloud
• Neutral Sentiment: Some market pieces frame the recent weakness as profit-taking after a big post-earnings rally rather than a fresh operational problem. Cisco Systems slips as investors appear to be taking profits after a big post-earnings run
• Neutral Sentiment: Another note says Cisco is testing technical support levels after breaking below its 50-day moving average, which could keep near-term trading choppy. Cisco Systems (CSCO) Price Forecast: Correction Deepens as Key Support Nears
• Negative Sentiment: One article warns that growth-stock enthusiasm can fade quickly, using Cisco’s past boom-and-bust cycles as a cautionary example for investors. 1 Growth Stock Set to Flourishand 2 We Turn Down

Cisco Systems Price Performance

Cisco Systems stock opened at $109.66 on Friday. The company has a market cap of $432.22 billion, a P/E ratio of 35.60, a price-to-earnings-growth ratio of 2.85 and a beta of 1.02. Cisco Systems, Inc. has a one year low of $65.75 and a one year high of $130.37. The business has a fifty day moving average of $117.09 and a two-hundred day moving average of $93.20. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.81 and a current ratio of 0.92.

Cisco Systems (NASDAQ:CSCO) last issued its earnings results on Wednesday, May 13th. The network equipment provider reported $1.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.03 by $0.03. The company 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 firm’s quarterly revenue was up 12.0% compared to the same quarter last year. During the same period 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, analysts predict that Cisco Systems, Inc. will post 3.54 earnings per share for the current fiscal year.

Cisco Systems Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 22nd. Investors of record on Monday, July 6th will be paid a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend is Monday, July 6th. Cisco Systems’s dividend payout ratio is presently 54.55%.

Insider Buying and Selling at Cisco Systems

In related news, insider Jeetendra I. Patel sold 7,169 shares of Cisco Systems stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $117.28, for a total transaction of $840,780.32. Following the completion of the sale, the insider owned 246,737 shares in the company, valued at approximately $28,937,315.36. This trade represents a 2.82% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Oliver Tuszik sold 2,761 shares of the business’s stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $114.61, for a total transaction of $316,438.21. Following the completion of the transaction, the executive vice president directly owned 180,877 shares of the company’s stock, valued at approximately $20,730,312.97. This represents a 1.50% 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. Over the last 90 days, insiders sold 47,650 shares of company stock worth $5,668,823. 0.01% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several research firms recently commented on CSCO. Truist Financial initiated coverage on Cisco Systems in a research note on Tuesday, March 31st. They set a “buy” rating and a $94.00 target price for the company. Bank of America increased their target price on shares of Cisco Systems from $135.00 to $150.00 and gave the company a “buy” rating in a research report on Monday, June 8th. Piper Sandler boosted their price objective on Cisco Systems from $86.00 to $132.00 and gave the company a “neutral” rating in a research note on Thursday, May 14th. CICC Research lifted their target price on shares of Cisco Systems from $96.00 to $125.00 and gave the company an “outperform” rating in a report on Monday, May 18th. Finally, BNP Paribas Exane upped their target price on shares of Cisco Systems from $87.00 to $132.00 and gave the company an “outperform” rating in a report on Thursday, May 14th. Three analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, Cisco Systems presently has a consensus rating of “Moderate Buy” and a consensus target price of $123.14.

About Cisco Systems

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.