Flputnam Investment Management Co. Sells 83,941 Shares of Cisco Systems, Inc. $CSCO

Flputnam Investment Management Co. cut its position in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 28.4% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 211,530 shares of the network equipment provider’s stock after selling 83,941 shares during the quarter. Flputnam Investment Management Co.’s holdings in Cisco Systems were worth $14,473,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Bare Financial Services Inc grew its holdings in shares of Cisco Systems by 531.0% during the 2nd quarter. Bare Financial Services Inc now owns 366 shares of the network equipment provider’s stock worth $25,000 after purchasing an additional 308 shares in the last quarter. Financial Connections Group Inc. lifted its position in Cisco Systems by 89.4% in the second quarter. Financial Connections Group Inc. now owns 409 shares of the network equipment provider’s stock worth $28,000 after purchasing an additional 193 shares during the period. Legacy Investment Solutions LLC bought a new position in Cisco Systems in the second quarter worth $28,000. Nova Wealth Management Inc. acquired a new stake in Cisco Systems during the first quarter worth $31,000. Finally, Brown Shipley& Co Ltd bought a new stake in Cisco Systems in the 2nd quarter valued at $32,000. Institutional investors and hedge funds own 73.33% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on CSCO shares. CICC Research raised their price objective on shares of Cisco Systems from $78.00 to $84.00 and gave the stock an “outperform” rating in a report on Friday, November 14th. HSBC increased their price target on shares of Cisco Systems from $69.00 to $74.00 and gave the stock a “hold” rating in a research report on Friday, November 14th. Bank of America lifted their price objective on Cisco Systems from $85.00 to $95.00 and gave the company a “buy” rating in a report on Thursday, November 13th. Erste Group Bank raised Cisco Systems from a “hold” rating to a “buy” rating in a report on Monday, November 10th. Finally, Wells Fargo & Company raised their target price on Cisco Systems from $83.00 to $95.00 and gave the stock an “overweight” rating in a research report on Thursday, November 13th. Seventeen analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $84.55.

Cisco Systems Stock Performance

NASDAQ CSCO opened at $78.42 on Friday. Cisco Systems, Inc. has a 1-year low of $52.11 and a 1-year high of $80.82. The company has a 50 day moving average of $74.59 and a 200-day moving average of $70.22. The company has a current ratio of 0.93, a quick ratio of 0.83 and a debt-to-equity ratio of 0.46. The firm has a market cap of $309.84 billion, a price-to-earnings ratio of 29.48, a PEG ratio of 2.97 and a beta of 0.87.

Cisco Systems (NASDAQ:CSCO) last announced its earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 EPS for the quarter, topping the consensus estimate of $0.98 by $0.02. Cisco Systems had a return on equity of 27.29% and a net margin of 18.38%.The business had revenue of $14.88 billion for the quarter, compared to the consensus estimate of $14.77 billion. During the same period in the previous year, the business earned $0.91 EPS. Cisco Systems’s revenue was up 7.5% compared to the same quarter last year. 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 analysts forecast that Cisco Systems, Inc. will post 3.04 earnings per share for the current fiscal year.

Cisco Systems Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 21st. Stockholders of record on Friday, January 2nd will be issued a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a dividend yield of 2.1%. The ex-dividend date is Friday, January 2nd. Cisco Systems’s dividend payout ratio is presently 61.65%.

More Cisco Systems News

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

• Positive Sentiment: Analyst upgrade/price-target lift: Morgan Stanley raised its price target on CSCO to $91, supporting upside expectations and likely helping buying interest. Morgan Stanley Boosts Cisco Systems Price Target
• Positive Sentiment: Dividend and corporate cash returns remain supportive: Cisco’s recent dividend (annualized $1.64, yield ~2.1%) and strong cash metrics underpin investor confidence in the name. Positive Sentiment: dividend
• Neutral Sentiment: Valuation/watch-the-run: Coverage pieces are reassessing Cisco after a ~37% one‑year share-price climb — investors should balance growth story vs. stretched multiples. Reassessing Valuation
• Negative Sentiment: Security risk: Researchers disclosed that a China‑linked hacking group is exploiting a vulnerability in popular Cisco products to target enterprise customers — this raises potential remediation costs, reputation risk, and near‑term customer concern. TechCrunch: Chinese hacking campaign
• Negative Sentiment: Insider sales: Two directors disclosed multi‑hundred‑thousand to >$1M stock sales (Michael D. Capellas and Kristina M. Johnson), which reduces insider ownership and can be interpreted negatively by some investors. SEC filings: Capellas Form 4 and Johnson Form 4

Insiders Place Their Bets

In related news, Director Michael D. Capellas sold 16,150 shares of the company’s stock in a transaction dated Thursday, December 18th. The shares were sold at an average price of $77.28, for a total transaction of $1,248,072.00. Following the transaction, the director owned 157,218 shares in the company, valued at $12,149,807.04. This represents a 9.32% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Jeetendra I. Patel sold 163,896 shares of the stock in a transaction dated Friday, November 14th. The stock was sold at an average price of $77.86, for a total transaction of $12,760,942.56. Following the sale, the insider directly owned 281,108 shares in the company, valued at approximately $21,887,068.88. This represents a 36.83% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,044,865 shares of company stock valued at $81,397,635 over the last three months. Company insiders own 0.01% of the company’s stock.

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.