Y Intercept Hong Kong Ltd Takes Position in Cisco Systems, Inc. $CSCO

Y Intercept Hong Kong Ltd bought a new position in Cisco Systems, Inc. (NASDAQ:CSCO) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 135,184 shares of the network equipment provider’s stock, valued at approximately $9,249,000.

Several other institutional investors also recently bought and sold shares of CSCO. Bare Financial Services Inc lifted its stake in Cisco Systems by 531.0% in 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. Marquette Asset Management LLC purchased a new position in shares of Cisco Systems during the third quarter valued at about $25,000. Financial Connections Group Inc. increased its holdings in shares of 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 last quarter. Legacy Investment Solutions LLC purchased a new stake in shares of Cisco Systems in the second quarter worth about $28,000. Finally, Lowe Wealth Advisors LLC boosted its stake in Cisco Systems by 96.2% during the third quarter. Lowe Wealth Advisors LLC now owns 408 shares of the network equipment provider’s stock valued at $28,000 after buying an additional 200 shares during the last quarter. 73.33% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on CSCO. CICC Research lifted their price objective on Cisco Systems from $78.00 to $84.00 and gave the stock an “outperform” rating in a research note on Friday, November 14th. Evercore ISI boosted their price target on shares of Cisco Systems from $74.00 to $80.00 and gave the stock an “in-line” rating in a research report on Thursday, November 13th. Rosenblatt Securities upped their price target on shares of Cisco Systems from $87.00 to $100.00 and gave the company a “buy” rating in a research note on Thursday, November 13th. JPMorgan Chase & Co. lifted their price objective on shares of Cisco Systems from $80.00 to $90.00 and gave the stock an “overweight” rating in a research note on Thursday, November 13th. Finally, Argus boosted their target price on shares of Cisco Systems from $80.00 to $100.00 in a report on Thursday, November 13th. Fifteen research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $85.86.

Insider Activity

In other news, Director Kristina M. Johnson sold 13,481 shares of Cisco Systems stock in a transaction on Thursday, December 18th. The stock was sold at an average price of $77.13, for a total transaction of $1,039,789.53. Following the completion of the sale, the director directly owned 61,630 shares in the company, valued at approximately $4,753,521.90. This trade represents a 17.95% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Michael D. Capellas sold 10,850 shares of the company’s stock in a transaction dated Friday, December 19th. The stock was sold at an average price of $77.13, for a total transaction of $836,860.50. Following the completion of the transaction, the director owned 146,368 shares in the company, valued at approximately $11,289,363.84. The trade was a 6.90% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 1,044,865 shares of company stock worth $81,397,635 in the last three months. Corporate insiders own 0.01% of the company’s stock.

Cisco Systems Trading Up 0.3%

CSCO stock opened at $74.59 on Friday. Cisco Systems, Inc. has a twelve month low of $52.11 and a twelve month high of $80.82. The stock has a market capitalization of $294.71 billion, a price-to-earnings ratio of 28.04, a price-to-earnings-growth ratio of 2.81 and a beta of 0.87. The company has a quick ratio of 0.83, a current ratio of 0.93 and a debt-to-equity ratio of 0.46. The firm’s fifty day simple moving average is $76.62 and its two-hundred day simple moving average is $71.74.

Cisco Systems (NASDAQ:CSCO) last released its quarterly earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 EPS for the quarter, topping analysts’ consensus estimates of $0.98 by $0.02. Cisco Systems had a net margin of 18.38% and a return on equity of 27.29%. The firm had revenue of $14.88 billion during the quarter, compared to analysts’ expectations of $14.77 billion. During the same period in the previous year, the company earned $0.91 EPS. The firm’s revenue for the quarter 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. As a group, analysts anticipate that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.

Cisco Systems Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 21st. Stockholders of record on Friday, January 2nd were issued a $0.41 dividend. This represents a $1.64 annualized dividend and a dividend yield of 2.2%. The ex-dividend date was Friday, January 2nd. Cisco Systems’s dividend payout ratio is presently 61.65%.

Cisco Systems Company Profile

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.