Union Bancaire Privee UBP SA Has $72.03 Million Stock Holdings in Cisco Systems, Inc. $CSCO

Union Bancaire Privee UBP SA raised its holdings in Cisco Systems, Inc. (NASDAQ:CSCO) by 2,531.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,052,813 shares of the network equipment provider’s stock after buying an additional 1,012,804 shares during the period. Cisco Systems comprises about 1.4% of Union Bancaire Privee UBP SA’s holdings, making the stock its 17th largest position. Union Bancaire Privee UBP SA’s holdings in Cisco Systems were worth $72,033,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in CSCO. Sanders Morris Harris LLC bought a new stake in shares of Cisco Systems during the third quarter worth about $470,000. Destiny Wealth Partners LLC boosted its stake in Cisco Systems by 33.5% during the 3rd quarter. Destiny Wealth Partners LLC now owns 5,902 shares of the network equipment provider’s stock valued at $404,000 after purchasing an additional 1,482 shares during the last quarter. ARS Wealth Advisors Group LLC increased its holdings in Cisco Systems by 0.9% during the 3rd quarter. ARS Wealth Advisors Group LLC now owns 150,033 shares of the network equipment provider’s stock worth $10,265,000 after purchasing an additional 1,310 shares in the last quarter. Gradient Investments LLC raised its stake in shares of Cisco Systems by 132.7% in the third quarter. Gradient Investments LLC now owns 8,842 shares of the network equipment provider’s stock worth $605,000 after purchasing an additional 5,043 shares during the last quarter. Finally, AssuredPartners Investment Advisors LLC lifted its holdings in shares of Cisco Systems by 5.7% in the third quarter. AssuredPartners Investment Advisors LLC now owns 86,022 shares of the network equipment provider’s stock valued at $5,886,000 after purchasing an additional 4,623 shares in the last quarter. 73.33% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on CSCO. JPMorgan Chase & Co. upped their price target on Cisco Systems from $80.00 to $90.00 and gave the stock an “overweight” rating in a report on Thursday, November 13th. UBS Group upped their target price on shares of Cisco Systems from $88.00 to $90.00 and gave the stock a “buy” rating in a research note on Thursday, November 13th. Morgan Stanley increased their target price on shares of Cisco Systems from $77.00 to $82.00 and gave the company an “overweight” rating in a report on Thursday, November 13th. Argus boosted their price target on shares of Cisco Systems from $80.00 to $100.00 in a report on Thursday, November 13th. Finally, BNP Paribas Exane upped their price objective on shares of Cisco Systems from $76.00 to $86.00 and gave the stock an “outperform” rating in a research report on Thursday, November 13th. Seventeen analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Cisco Systems has an average rating of “Moderate Buy” and an average price target of $84.14.

Insiders Place Their Bets

In other Cisco Systems news, CEO Charles Robbins sold 281,860 shares of the stock in a transaction on Monday, November 17th. The stock was sold at an average price of $78.35, for a total transaction of $22,083,731.00. Following the completion of the transaction, the chief executive officer directly owned 820,887 shares of the company’s stock, valued at approximately $64,316,496.45. This represents a 25.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Thimaya K. Subaiya sold 56,038 shares of the business’s stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of $78.33, for a total value of $4,389,456.54. Following the completion of the sale, the executive vice president owned 179,780 shares in the company, valued at approximately $14,082,167.40. The trade was a 23.76% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,021,910 shares of company stock valued at $79,463,804 in the last quarter. 0.01% of the stock is currently owned by company insiders.

Cisco Systems Price Performance

Shares of NASDAQ:CSCO opened at $77.55 on Wednesday. The company has a market capitalization of $306.41 billion, a P/E ratio of 29.15, a price-to-earnings-growth ratio of 2.96 and a beta of 0.87. The company’s 50-day moving average is $74.12 and its 200 day moving average is $69.98. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.83 and a current ratio of 0.93. Cisco Systems, Inc. has a fifty-two week low of $52.11 and a fifty-two week high of $80.82.

Cisco Systems (NASDAQ:CSCO) last posted its quarterly earnings data on Wednesday, November 12th. The network equipment provider reported $1.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.98 by $0.02. The business had revenue of $14.88 billion during the quarter, compared to the consensus estimate of $14.77 billion. Cisco Systems had a net margin of 18.38% and a return on equity of 27.29%. The firm’s quarterly revenue was up 7.5% compared to the same quarter last year. During the same quarter last year, the company posted $0.91 earnings per share. Cisco Systems has set its FY 2026 guidance at 4.080-4.140 EPS and its Q2 2026 guidance at 1.010-1.030 EPS. On average, equities research analysts forecast that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.

Cisco Systems Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 21st. Investors of record on Friday, January 2nd will be issued a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend is Friday, January 2nd. Cisco Systems’s payout ratio is 61.65%.

Cisco Systems Profile

Cisco Systems, Inc designs, manufactures, and sells Internet Protocol based networking and other products related to the communications and information technology industry in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and China. The company also offers switching portfolio encompasses campus switching as well as data center switching; enterprise routing portfolio interconnects public and private wireline and mobile networks, delivering highly secure, and reliable connectivity to campus, data center and branch networks; wireless products include wireless access points and controllers; and compute portfolio including the cisco unified computing system, hyperflex, and software management capabilities, which combine computing, networking, and storage infrastructure management and virtualization.