Cisco Systems, Inc. $CSCO Stock Acquired by Foster Victor Wealth Advisors LLC

Foster Victor Wealth Advisors LLC increased its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 3.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 227,331 shares of the network equipment provider’s stock after buying an additional 7,829 shares during the quarter. Cisco Systems accounts for approximately 1.1% of Foster Victor Wealth Advisors LLC’s holdings, making the stock its 21st biggest position. Foster Victor Wealth Advisors LLC’s holdings in Cisco Systems were worth $24,211,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of CSCO. BlackRock Inc. purchased a new stake in Cisco Systems in the 2nd quarter worth about $42,129,647,000. State Street Corp grew its stake in Cisco Systems by 7.0% during the 2nd quarter. State Street Corp now owns 207,106,569 shares of the network equipment provider’s stock valued at $25,278,492,000 after acquiring an additional 13,512,872 shares in the last quarter. Bank of America Corp DE purchased a new position in Cisco Systems during the 2nd quarter valued at about $5,892,379,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Cisco Systems by 2.7% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 43,450,141 shares of the network equipment provider’s stock valued at $5,103,654,000 after acquiring an additional 1,143,106 shares in the last quarter. Finally, Bank of New York Mellon Corp acquired a new position in shares of Cisco Systems in the 2nd quarter valued at about $4,714,574,000. 73.33% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have recently issued reports on CSCO. Wells Fargo & Company increased their price target on shares of Cisco Systems from $130.00 to $150.00 and gave the stock an “overweight” rating in a research report on Thursday, August 13th. Barclays boosted their price objective on shares of Cisco Systems from $121.00 to $123.00 and gave the company an “equal weight” rating in a research report on Thursday, August 13th. HSBC lowered shares of Cisco Systems from a “buy” rating to a “hold” rating and dropped their price objective for the company from $137.00 to $120.00 in a research note on Friday, August 14th. UBS Group upped their price objective on shares of Cisco Systems from $132.00 to $138.00 and gave the company a “buy” rating in a research note on Thursday, August 13th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Cisco Systems in a research report on Wednesday, August 26th. Three investment analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $128.52.

Insider Activity

In other news, EVP Deborah L. Stahlkopf sold 6,487 shares of the business’s stock in a transaction on Friday, August 14th. The shares were sold at an average price of $111.53, for a total value of $723,495.11. Following the completion of the sale, the executive vice president directly owned 167,116 shares in the company, valued at approximately $18,638,447.48. The trade was a 3.74% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Jeetendra I. Patel sold 7,170 shares of the business’s stock in a transaction on Friday, August 14th. The stock was sold at an average price of $111.57, for a total transaction of $799,956.90. Following the completion of the sale, the insider owned 230,593 shares of the company’s stock, valued at $25,727,261.01. The trade was a 3.02% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 44,869 shares of company stock valued at $5,005,620. Insiders own 0.01% of the company’s stock.

Cisco Systems Price Performance

Shares of NASDAQ:CSCO opened at $107.26 on Thursday. The stock has a market capitalization of $422.88 billion, a P/E ratio of 32.11, a P/E/G ratio of 2.22 and a beta of 0.99. The business has a 50-day moving average of $110.45 and a two-hundred day moving average of $109.70. Cisco Systems, Inc. has a fifty-two week low of $69.85 and a fifty-two week high of $130.37. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.93 and a quick ratio of 0.79.

Cisco Systems (NASDAQ:CSCO) last issued its quarterly earnings data on Wednesday, August 12th. The network equipment provider reported $1.22 EPS for the quarter, beating analysts’ consensus estimates of $1.17 by $0.05. Cisco Systems had a return on equity of 30.16% and a net margin of 20.95%. The business had revenue of $17.25 billion for the quarter, compared to analyst estimates of $16.84 billion. During the same quarter in the prior year, the firm posted $0.99 EPS. The firm’s revenue for the quarter was up 17.6% on a year-over-year basis. Cisco Systems has set its FY 2027 guidance at 5.050-5.110 EPS and its Q1 2027 guidance at 1.320-1.340 EPS. On average, equities research analysts predict that Cisco Systems, Inc. will post 4.42 EPS for the current fiscal year.

Cisco Systems Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 21st. Shareholders of record on Friday, October 2nd were given a dividend of $0.42 per share. The ex-dividend date of this dividend was Friday, October 2nd. This represents a $1.68 dividend on an annualized basis and a yield of 1.6%. Cisco Systems’s dividend payout ratio is presently 50.30%.

Trending Headlines about Cisco Systems

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

• Positive Sentiment: Analysts argue that Cisco’s networking equipment, security products and software could benefit as enterprises and data centers continue expanding AI infrastructure. Cisco’s established customer base and cash generation may provide an advantage as spending broadens beyond chips to networking, power and cooling. Is Networking Demand Anchoring Cash-Rich Cisco Systems?
• Positive Sentiment: Cisco’s Splunk business highlighted growing demand for observability tools as AI agents create unpredictable workloads, telemetry expenses and software bills. Monitoring agent performance and controlling waste could support recurring software demand and strengthen Cisco’s AI-related growth narrative. Splunk State of Observability 2026
• Positive Sentiment: World Wide Technology earned Cisco’s Secure AI Infrastructure Specialization, providing evidence of partner adoption for Cisco’s security and AI infrastructure offerings. World Wide Technology Achieves Cisco Secure AI Infrastructure Specialization
• Positive Sentiment: Strategist Tom Lee cited Cisco’s 1990s rally as a precedent for buying an AI-related pullback, reinforcing the view that the current AI investment cycle could have several years to run. Strategist Tom Lee Says He’s Buying the AI Stock Dip
• Neutral Sentiment: Commentary suggests Cisco could help customers reduce the unpredictable operating costs associated with AI agents, potentially creating demand for monitoring and optimization tools, although the opportunity remains dependent on enterprise adoption. Cisco Can Profit From Helping Customers Spend Less on AI?
• Negative Sentiment: Investors remain concerned that Arista Networks may have a more focused, margin-rich position in modern AI data-center networking. Cisco’s broader, legacy enterprise exposure could pressure growth and margins if it loses key design wins. Arista Networks Versus Cisco Systems

Cisco Systems Company Profile

Cisco Systems, Inc is a global technology company that develops networking, cybersecurity, collaboration and observability solutions for businesses, government organizations and service providers. Its offerings include routers, switches, wireless networking equipment, data-center infrastructure, security software and services, as well as technologies that support cloud and hybrid IT environments.

The company also provides collaboration tools through its Webex portfolio, cloud-managed networking through Cisco Meraki and security and observability capabilities that include technologies from Splunk, which Cisco acquired in 2024.