Cisco Systems, Inc. $CSCO Shares Bought by Summit Global Investments

Summit Global Investments increased its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 29.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 39,440 shares of the network equipment provider’s stock after acquiring an additional 8,897 shares during the quarter. Summit Global Investments’ holdings in Cisco Systems were worth $2,699,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. Cloud Capital Management LLC purchased a new stake in Cisco Systems in the third quarter valued at approximately $69,000. Joule Financial LLC grew its stake in shares of Cisco Systems by 2.0% in the third quarter. Joule Financial LLC now owns 24,841 shares of the network equipment provider’s stock valued at $1,700,000 after buying an additional 498 shares in the last quarter. AE Wealth Management LLC raised its holdings in shares of Cisco Systems by 13.6% in the 3rd quarter. AE Wealth Management LLC now owns 1,191,011 shares of the network equipment provider’s stock valued at $81,489,000 after buying an additional 142,259 shares during the period. Archer Investment Corp lifted its stake in Cisco Systems by 2.6% during the 3rd quarter. Archer Investment Corp now owns 7,296 shares of the network equipment provider’s stock worth $499,000 after acquiring an additional 187 shares in the last quarter. Finally, LRI Investments LLC boosted its holdings in Cisco Systems by 1.5% during the 3rd quarter. LRI Investments LLC now owns 15,754 shares of the network equipment provider’s stock valued at $1,078,000 after acquiring an additional 230 shares during the period. Institutional investors and hedge funds own 73.33% of the company’s stock.

Cisco Systems News Summary

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

• Positive Sentiment: Evercore ISI upgraded Cisco and expects high-single-digit revenue growth in the coming period, a key bullish catalyst that supports upside to revenue and earnings expectations. Evercore ISI sees high-single-digit revenue growth ahead for Cisco (CSCO)
• Positive Sentiment: Zacks Research moved CSCO from “hold” to “strong-buy,” and media reports show shares reacted to analyst upgrades with intraday gains—supporting short-term bullish momentum. Zacks Research upgrade
• Neutral Sentiment: Coverage pieces are urging investors to reassess Cisco after multi‑year share gains — useful for framing valuation risk but not a direct catalyst. Is It Time To Reassess Cisco Systems (CSCO) After Strong Multi‑Year Share Price Gains?
• Neutral Sentiment: Data on short interest is effectively meaningless/zero in the latest release (odd reporting), so it’s not currently a clear driver of price. (May change if accurate shorting picks up.)
• Negative Sentiment: Commentary in Forbes warns the current rally could be a “trap” — a cautionary view that may prompt profit-taking and increase volatility. Cisco Is Rallying, But Is It A Trap?
• Negative Sentiment: Cisco CEO Chuck Robbins warned investors of potential “AI carnage” when the cycle shakes out, signaling company-level caution that could temper enthusiasm around Cisco’s AI positioning. Cisco Boss Robbins Warns Investors of “AI Carnage” Ahead as Winners and Losers Emerge

Insider Buying and Selling at Cisco Systems

In related news, EVP Thimaya K. Subaiya sold 1,745 shares of the firm’s stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $79.46, for a total transaction of $138,657.70. Following the transaction, the executive vice president owned 176,319 shares in the company, valued at $14,010,307.74. This trade represents a 0.98% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Maria Victoria Wong sold 428 shares of the business’s stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $80.33, for a total value of $34,381.24. Following the completion of the sale, the senior vice president owned 32,176 shares of the company’s stock, valued at approximately $2,584,698.08. This represents a 1.31% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 1,044,865 shares of company stock valued at $81,397,635. 0.01% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

CSCO has been the topic of a number of recent research reports. KeyCorp boosted their price target on shares of Cisco Systems from $77.00 to $87.00 and gave the stock an “overweight” rating in a research note on Thursday, November 13th. Bank of America lifted their price objective on shares of Cisco Systems from $85.00 to $95.00 and gave the company a “buy” rating in a report on Thursday, November 13th. Citigroup increased their target price on shares of Cisco Systems from $80.00 to $85.00 and gave the stock a “buy” rating in a report on Thursday, November 13th. Wall Street Zen downgraded shares of Cisco Systems from a “buy” rating to a “hold” rating in a research note on Saturday, November 22nd. Finally, JPMorgan Chase & Co. increased their price objective on Cisco Systems from $80.00 to $90.00 and gave the company an “overweight” rating in a research note on Thursday, November 13th. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat, Cisco Systems presently has an average rating of “Moderate Buy” and an average target price of $86.81.

Cisco Systems Stock Performance

Shares of Cisco Systems stock opened at $78.43 on Friday. The company has a quick ratio of 0.83, a current ratio of 0.93 and a debt-to-equity ratio of 0.46. Cisco Systems, Inc. has a 52 week low of $52.11 and a 52 week high of $80.82. The firm’s 50 day moving average is $76.70 and its two-hundred day moving average is $72.01. The firm has a market capitalization of $309.88 billion, a P/E ratio of 29.48, a P/E/G ratio of 2.99 and a beta of 0.87.

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

Cisco Systems Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 21st. Shareholders of record on Friday, January 2nd were issued a dividend of $0.41 per share. The ex-dividend date of this dividend was Friday, January 2nd. This represents a $1.64 annualized dividend and a dividend yield of 2.1%. Cisco Systems’s dividend payout ratio (DPR) is presently 61.65%.

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.