Envestnet Asset Management Inc. Has $1.32 Billion Stake in Cisco Systems, Inc. $CSCO

Envestnet Asset Management Inc. increased its position in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 6.4% during the second quarter, HoldingsChannel reports. The fund owned 10,702,020 shares of the network equipment provider’s stock after buying an additional 644,534 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Cisco Systems were worth $1,320,657,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Cozad Asset Management Inc. boosted its stake in shares of Cisco Systems by 0.3% during the first quarter. Cozad Asset Management Inc. now owns 26,203 shares of the network equipment provider’s stock valued at $2,033,000 after purchasing an additional 87 shares in the last quarter. Dogwood Wealth Management LLC increased its stake in shares of Cisco Systems by 3.9% in the second quarter. Dogwood Wealth Management LLC now owns 2,413 shares of the network equipment provider’s stock valued at $283,000 after buying an additional 90 shares during the period. August Group Capital Ltd raised its holdings in Cisco Systems by 2.0% in the 2nd quarter. August Group Capital Ltd now owns 4,723 shares of the network equipment provider’s stock valued at $555,000 after buying an additional 91 shares during the last quarter. Financial Insights Inc. raised its holdings in Cisco Systems by 1.5% in the 1st quarter. Financial Insights Inc. now owns 6,220 shares of the network equipment provider’s stock valued at $483,000 after buying an additional 92 shares during the last quarter. Finally, CPA Asset Management Group LLC boosted its position in Cisco Systems by 1.8% during the 2nd quarter. CPA Asset Management Group LLC now owns 5,335 shares of the network equipment provider’s stock worth $627,000 after buying an additional 93 shares during the period. Institutional investors and hedge funds own 73.33% of the company’s stock.

Analyst Ratings Changes

CSCO has been the topic of a number of research reports. Morgan Stanley boosted their target price on shares of Cisco Systems from $130.00 to $135.00 and gave the stock an “overweight” rating in a report on Thursday, August 13th. UBS Group lifted their price target on shares of Cisco Systems from $132.00 to $138.00 and gave the stock a “buy” rating in a report on Thursday, August 13th. Piper Sandler reduced their price objective on shares of Cisco Systems from $132.00 to $125.00 and set a “neutral” rating on the stock in a research note on Tuesday. The Goldman Sachs Group increased their price objective on Cisco Systems from $116.00 to $125.00 and gave the company a “neutral” rating in a report on Wednesday, June 3rd. Finally, Wall Street Zen raised Cisco Systems from a “hold” rating to a “buy” rating in a research report on Sunday. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat, Cisco Systems presently has a consensus rating of “Moderate Buy” and a consensus target price of $129.36.

Insider Activity

In other news, EVP Thimaya Subaiya sold 312 shares of Cisco Systems stock in a transaction dated Monday, September 14th. The stock was sold at an average price of $110.18, for a total value of $34,376.16. Following the completion of the transaction, the executive vice president directly owned 127,661 shares of the company’s stock, valued at approximately $14,065,688.98. This trade represents a 0.24% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 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 dated 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 sale, the chief executive officer owned 602,710 shares in the company, valued at approximately $67,226,273.40. The trade was a 3.46% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 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 worth $5,005,620. 0.01% of the stock is owned by insiders.

Key Stories Impacting Cisco Systems

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

• Positive Sentiment: Analysts and market commentators continue to view Cisco as an AI-infrastructure beneficiary because data centers require high-speed switches, networking equipment and data-movement capabilities. Cisco’s established networking position and data-center exposure could provide a moat as AI deployments expand. CSCO Still Has Niche in AI Trade: Kim Forrest Sees Data & Data Centers as Moat
• Positive Sentiment: Cisco released research indicating that enterprises are rapidly moving toward “AgenticOps,” or AI-driven network operations. The findings suggest a growing need for tools that automate increasingly complex network monitoring and alert management, potentially supporting demand for Cisco’s software and services. Cisco AI Research: AgenticOps Scaling Quickly in the Enterprise
• Positive Sentiment: Cisco announced a collaboration with Infleqtion to develop distributed quantum-networking technologies, including quantum memory-to-optical transduction and a prototype Universal Quantum Switch. The initiative strengthens Cisco’s technology positioning, although its financial contribution remains longer term. Cisco Unveils Quantum Networking Push With New Distributed Systems Collaboration
• Neutral Sentiment: A Zscaler-versus-Cisco comparison emphasized Cisco’s combination of cybersecurity growth, AI-infrastructure momentum and cash generation, along with a lower price-to-sales valuation than Zscaler. The comparison is supportive but does not represent a new company catalyst. Zscaler vs. Cisco: Which Cybersecurity Stock Is the Better Buy?
• Negative Sentiment: Piper Sandler lowered its Cisco price target to $125 from $132 and retained a Neutral rating. Analyst James Fish cited expectations for a lower valuation multiple and fears that growth could be peaking, prompting investors to reassess Cisco’s premium after its strong run. Cisco stock sinks after Piper Sandler cuts price target on growth concerns
• Negative Sentiment: Recent executive stock sales and broad profit-taking appear to have intensified the selling pressure. Available reports characterized the move as sentiment- and valuation-driven rather than a response to a new earnings miss or guidance reduction.

Cisco Systems Trading Down 0.0%

Cisco Systems stock traded down $0.01 during mid-day trading on Wednesday, hitting $106.43. 17,629,853 shares of the stock were exchanged, compared to its average volume of 22,757,455. The stock has a market capitalization of $419.61 billion, a price-to-earnings ratio of 31.87, a PEG ratio of 2.32 and a beta of 1.00. Cisco Systems, Inc. has a 12 month low of $66.81 and a 12 month high of $130.37. The company has a quick ratio of 0.79, a current ratio of 0.93 and a debt-to-equity ratio of 0.39. The firm’s fifty day simple moving average is $112.66 and its two-hundred day simple moving average is $104.97.

Cisco Systems (NASDAQ:CSCO) last posted its quarterly earnings data on Wednesday, August 12th. The network equipment provider reported $1.22 EPS for the quarter, beating analysts’ consensus estimates of $1.17 by $0.05. Cisco Systems had a net margin of 20.95% and a return on equity of 30.16%. The company had revenue of $17.25 billion for the quarter, compared to analyst estimates of $16.84 billion. During the same period in the prior year, the firm posted $0.99 EPS. The company’s quarterly revenue was up 17.6% on a year-over-year basis. 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. Analysts forecast that Cisco Systems, Inc. will post 4.43 EPS for the current year.

Cisco Systems Announces Dividend

The company also recently declared 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. The ex-dividend date of this dividend is Friday, October 2nd. This represents a $1.68 dividend on an annualized basis and a yield of 1.6%. Cisco Systems’s dividend payout ratio is 50.30%.

Cisco Systems Profile

Cisco Systems, Inc is a global technology company that provides networking, cybersecurity, collaboration, observability and other information technology solutions. Its offerings include routers, switches, wireless networking equipment, data center infrastructure, security platforms, unified communications tools and software designed to help organizations connect, manage and protect their digital environments.

Cisco serves businesses, government agencies, educational institutions, telecommunications providers and other organizations worldwide.