Foster Victor Wealth Advisors LLC Acquires 7,829 Shares of Cisco Systems, Inc. $CSCO

Foster Victor Wealth Advisors LLC boosted its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 3.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 227,331 shares of the network equipment provider’s stock after purchasing an additional 7,829 shares during the quarter. Cisco Systems comprises approximately 1.1% of Foster Victor Wealth Advisors LLC’s holdings, making the stock its 21st largest position. Foster Victor Wealth Advisors LLC’s holdings in Cisco Systems were worth $24,211,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in CSCO. Cozad Asset Management Inc. lifted its holdings 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 worth $2,033,000 after buying an additional 87 shares during the last quarter. Dogwood Wealth Management LLC boosted its position 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 acquiring an additional 90 shares during the period. Green Ridge Wealth Planning LLC grew its stake in shares of Cisco Systems by 1.5% in the third quarter. Green Ridge Wealth Planning LLC now owns 6,017 shares of the network equipment provider’s stock worth $648,000 after acquiring an additional 90 shares during the last quarter. August Group Capital Ltd grew its stake in shares of Cisco Systems by 2.0% in the second quarter. August Group Capital Ltd now owns 4,723 shares of the network equipment provider’s stock worth $555,000 after acquiring an additional 91 shares during the last quarter. Finally, Financial Insights Inc. grew its stake in shares of Cisco Systems by 1.5% in the first quarter. Financial Insights Inc. now owns 6,220 shares of the network equipment provider’s stock worth $483,000 after acquiring an additional 92 shares during the last quarter. Institutional investors and hedge funds own 73.33% of the company’s stock.

Cisco Systems Stock Performance

Shares of NASDAQ CSCO opened at $107.26 on Thursday. The business has a fifty day simple moving average of $110.45 and a 200 day simple moving average of $109.70. 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 $422.88 billion, a price-to-earnings ratio of 32.11, a PEG ratio of 2.22 and a beta of 0.99. Cisco Systems, Inc. has a one year low of $69.85 and a one year high of $130.37.

Cisco Systems (NASDAQ:CSCO) last issued its earnings results on Wednesday, August 12th. The network equipment provider reported $1.22 EPS for the quarter, topping the consensus estimate 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 analysts’ expectations of $16.84 billion. During the same period last year, the business earned $0.99 earnings per share. Cisco Systems’s quarterly 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. Sell-side analysts expect that Cisco Systems, Inc. will post 4.42 EPS for the current year.

Cisco Systems Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 21st. Stockholders of record on Friday, October 2nd were paid a $0.42 dividend. The ex-dividend date was Friday, October 2nd. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.6%. Cisco Systems’s dividend payout ratio is currently 50.30%.

Key Headlines Impacting Cisco Systems

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

• Positive Sentiment: Analysts argue that Cisco’s networking equipment, security products and software could benefit as enterprises and data centers continue expanding AI infrastructure. Cisco’s established customer base and cash generation may provide an advantage as spending broadens beyond chips to networking, power and cooling. Is Networking Demand Anchoring Cash-Rich Cisco Systems?
• Positive Sentiment: Cisco’s Splunk business highlighted growing demand for observability tools as AI agents create unpredictable workloads, telemetry expenses and software bills. Monitoring agent performance and controlling waste could support recurring software demand and strengthen Cisco’s AI-related growth narrative. Splunk State of Observability 2026
• Positive Sentiment: World Wide Technology earned Cisco’s Secure AI Infrastructure Specialization, providing evidence of partner adoption for Cisco’s security and AI infrastructure offerings. World Wide Technology Achieves Cisco Secure AI Infrastructure Specialization
• Positive Sentiment: Strategist Tom Lee cited Cisco’s 1990s rally as a precedent for buying an AI-related pullback, reinforcing the view that the current AI investment cycle could have several years to run. Strategist Tom Lee Says He’s Buying the AI Stock Dip
• Neutral Sentiment: Commentary suggests Cisco could help customers reduce the unpredictable operating costs associated with AI agents, potentially creating demand for monitoring and optimization tools, although the opportunity remains dependent on enterprise adoption. Cisco Can Profit From Helping Customers Spend Less on AI?
• Negative Sentiment: Investors remain concerned that Arista Networks may have a more focused, margin-rich position in modern AI data-center networking. Cisco’s broader, legacy enterprise exposure could pressure growth and margins if it loses key design wins. Arista Networks Versus Cisco Systems

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the stock. Barclays boosted their target price on shares of Cisco Systems from $121.00 to $123.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 13th. Freedom Capital raised shares of Cisco Systems from a “hold” rating to a “strong-buy” rating in a report on Sunday, August 16th. Truist Financial raised their price target on shares of Cisco Systems from $125.00 to $140.00 and gave the stock a “buy” rating in a research report on Thursday, August 13th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Cisco Systems in a report on Tuesday, September 1st. They set a “buy” rating and a $135.00 price objective on the stock. Finally, Wells Fargo & Company upped their price objective on shares of Cisco Systems from $130.00 to $150.00 and gave the company an “overweight” rating in a research report on Thursday, August 13th. Three research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $128.52.

Insider Activity at Cisco Systems

In related news, 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 of the company’s stock, valued at $67,226,273.40. The trade was a 3.46% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Deborah L. Stahlkopf sold 6,487 shares of the stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $111.53, for a total transaction of $723,495.11. Following the completion of the transaction, the executive vice president directly owned 167,116 shares of the company’s stock, valued at $18,638,447.48. This trade represents a 3.74% 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. Insiders sold 44,869 shares of company stock worth $5,005,620 in the last ninety days. Company insiders own 0.01% of the company’s stock.

Cisco Systems Company Profile

Cisco Systems, Inc is a global technology company that develops networking, cybersecurity, collaboration and observability solutions for businesses, government organizations and service providers. Its offerings include routers, switches, wireless networking equipment, data-center infrastructure, security software and services, as well as technologies that support cloud and hybrid IT environments.

The company also provides collaboration tools through its Webex portfolio, cloud-managed networking through Cisco Meraki and security and observability capabilities that include technologies from Splunk, which Cisco acquired in 2024.