9,779 Shares in Cisco Systems, Inc. $CSCO Purchased by Providence First Trust Co

Providence First Trust Co bought a new position in shares of Cisco Systems, Inc. (NASDAQ:CSCO) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 9,779 shares of the network equipment provider’s stock, valued at approximately $753,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Marquette Asset Management LLC purchased a new stake in shares of Cisco Systems during the 3rd quarter valued at about $25,000. Board of the Pension Protection Fund acquired a new stake in shares of Cisco Systems during the fourth quarter worth $31,000. EQ Wealth Advisors LLC bought a new position in shares of Cisco Systems in the 4th quarter worth about $31,000. Cedar Mountain Advisors LLC lifted its holdings in Cisco Systems by 115.7% in the third quarter. Cedar Mountain Advisors LLC now owns 468 shares of the network equipment provider’s stock worth $32,000 after acquiring an additional 251 shares during the last quarter. Finally, Joseph Group Capital Management bought a new stake in shares of Cisco Systems in the 4th quarter worth approximately $38,000. 73.33% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Cisco Systems

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

• Positive Sentiment: Evercore raised its price target on Cisco to $110 and kept an “outperform” rating, signaling analyst confidence in upside tied to Cisco’s product mix (about a 17% implied upside from recent levels). Evercore price target raise
• Positive Sentiment: Cisco announced plans to acquire Israeli cybersecurity firm Astrix Security, expanding its access/connectivity security capabilities — a move that should accelerate product-led sales and M&A synergy messaging. Cisco to acquire Israeli co Astrix Security
• Positive Sentiment: Cisco is pushing security momentum by adding Qmulos to its SolutionsPlus program and integrating compliance analytics with its broader security portfolio (and deeper Splunk ties), which simplifies procurement and upsell opportunities to enterprise customers. Cisco Security Push With Astrix And Qmulos
• Positive Sentiment: Analysts (Evercore coverage) argue Cisco’s Silicon One ASIC business is underappreciated and could be a multi‑year growth driver for routing and AI networking — supportive for longer‑term revenue and margin upside. Silicon One underappreciated
• Positive Sentiment: Longer‑term tech roadmap: Cisco highlighted a Universal Quantum Switch for routing quantum information over standard fiber — a strategic signal that Cisco is positioning for future, high‑value networking platforms. Universal Quantum Switch
• Neutral Sentiment: Partner ecosystem news: C1 earned full Preferred status across Cisco 360 designations — positive for channel execution but incremental vs. the larger company story. C1 Preferred Partner status
• Neutral Sentiment: Broader market context: tech stocks were mixed in recent sessions; some industry earnings (Microchip, Gen Digital, News Corp, BlackBerry) are being watched by investors but are not directly tied to Cisco’s fundamentals. Tech stocks mixed

Analyst Ratings Changes

CSCO has been the subject of several recent research reports. JPMorgan Chase & Co. upped their price target on shares of Cisco Systems from $95.00 to $96.00 and gave the stock an “overweight” rating in a research report on Thursday, April 16th. Truist Financial began coverage on shares of Cisco Systems in a research note on Tuesday, March 31st. They issued a “buy” rating and a $94.00 price target on the stock. Evercore increased their price objective on Cisco Systems from $100.00 to $110.00 and gave the stock an “outperform” rating in a report on Monday. BNP Paribas Exane lifted their target price on Cisco Systems from $86.00 to $87.00 and gave the company an “outperform” rating in a research note on Thursday, February 12th. Finally, UBS Group increased their price target on Cisco Systems from $90.00 to $95.00 and gave the stock a “buy” rating in a research note on Thursday, February 12th. Three investment analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat.com, Cisco Systems has a consensus rating of “Moderate Buy” and a consensus target price of $90.29.

Cisco Systems Stock Up 1.8%

CSCO opened at $94.30 on Wednesday. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.85 and a current ratio of 0.96. The company has a market capitalization of $372.47 billion, a PE ratio of 33.09, a P/E/G ratio of 3.49 and a beta of 0.92. The stock’s fifty day moving average is $81.77 and its 200-day moving average is $78.24. Cisco Systems, Inc. has a one year low of $58.58 and a one year high of $94.72.

Cisco Systems (NASDAQ:CSCO) last released its earnings results on Wednesday, February 11th. The network equipment provider reported $1.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.02 by $0.02. Cisco Systems had a return on equity of 27.88% and a net margin of 19.22%.The firm had revenue of $15.35 billion for the quarter, compared to analyst estimates of $15.11 billion. During the same period in the previous year, the company earned $0.94 earnings per share. Cisco Systems’s revenue was up 9.7% compared to the same quarter last year. On average, equities analysts predict that Cisco Systems, Inc. will post 3.4 EPS for the current fiscal year.

Cisco Systems Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 22nd. Investors of record on Thursday, April 2nd were paid a dividend of $0.42 per share. This is a boost from Cisco Systems’s previous quarterly dividend of $0.41. This represents a $1.68 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend was Thursday, April 2nd. Cisco Systems’s dividend payout ratio (DPR) is currently 58.95%.

Insider Activity

In other Cisco Systems news, CEO Charles Robbins sold 19,545 shares of Cisco Systems stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $76.00, for a total value of $1,485,420.00. Following the transaction, the chief executive officer owned 671,095 shares in the company, valued at approximately $51,003,220. The trade was a 2.83% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Oliver Tuszik sold 3,132 shares of the firm’s stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $79.74, for a total value of $249,745.68. Following the sale, the executive vice president directly owned 188,613 shares of the company’s stock, valued at approximately $15,040,000.62. This represents a 1.63% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 46,431 shares of company stock valued at $3,574,820 in the last ninety days. 0.01% of the stock is owned by company insiders.

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.