Cypress Capital LLC Grows Stock Holdings in Cisco Systems, Inc. $CSCO

Cypress Capital LLC increased its position in shares of Cisco Systems, Inc. (NASDAQ:CSCOFree Report) by 1,057.1% in the third quarter, Holdings Channel.com reports. The firm owned 39,954 shares of the network equipment provider’s stock after purchasing an additional 36,501 shares during the quarter. Cisco Systems comprises approximately 0.8% of Cypress Capital LLC’s investment portfolio, making the stock its 23rd biggest position. Cypress Capital LLC’s holdings in Cisco Systems were worth $2,734,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Norges Bank bought a new stake in shares of Cisco Systems during the second quarter valued at approximately $3,816,825,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main raised its holdings in Cisco Systems by 413.3% in the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 22,393,371 shares of the network equipment provider’s stock worth $1,553,645,000 after purchasing an additional 18,030,441 shares in the last quarter. Kingstone Capital Partners Texas LLC purchased a new stake in shares of Cisco Systems during the second quarter valued at about $904,542,000. Franklin Resources Inc. grew its holdings in Cisco Systems by 46.2% in the second quarter. Franklin Resources Inc. now owns 40,836,858 shares of the network equipment provider’s stock worth $2,833,261,000 after purchasing an additional 12,904,969 shares during the last quarter. Finally, Laurel Wealth Advisors LLC grew its stake in Cisco Systems by 6,778.2% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 6,810,012 shares of the network equipment provider’s stock worth $472,479,000 after buying an additional 6,711,004 shares during the last quarter. 73.33% of the stock is currently owned by institutional investors.

Cisco Systems News Roundup

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

Analysts Set New Price Targets

Several research firms recently issued reports on CSCO. Argus upped their target price on Cisco Systems from $80.00 to $100.00 in a research report on Thursday, November 13th. Morgan Stanley lifted their price objective on shares of Cisco Systems from $82.00 to $91.00 and gave the company an “overweight” rating in a report on Wednesday, December 17th. Wells Fargo & Company upped their price objective on shares of Cisco Systems from $83.00 to $95.00 and gave the stock an “overweight” rating in a research report on Thursday, November 13th. President Capital lowered their price objective on Cisco Systems from $90.00 to $88.00 in a report on Wednesday, December 24th. Finally, Barclays upped their target price on shares of Cisco Systems from $71.00 to $76.00 and gave the stock an “equal weight” rating in a report on Thursday, November 13th. Sixteen analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat.com, Cisco Systems presently has an average rating of “Moderate Buy” and an average target price of $85.23.

Check Out Our Latest Report on CSCO

Cisco Systems Stock Performance

Shares of CSCO stock opened at $74.72 on Thursday. Cisco Systems, Inc. has a 12 month low of $52.11 and a 12 month high of $80.82. 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 company has a market cap of $295.23 billion, a P/E ratio of 28.09, a PEG ratio of 2.85 and a beta of 0.87. The firm has a fifty day moving average price of $76.36 and a 200 day moving average price of $71.29.

Cisco Systems (NASDAQ:CSCOGet Free Report) last announced its earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 EPS for the quarter, beating analysts’ consensus estimates of $0.98 by $0.02. The business had revenue of $14.88 billion for 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 quarterly revenue was up 7.5% on a year-over-year basis. During the same period in the previous year, the company 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. Sell-side analysts predict that Cisco Systems, Inc. will post 3.04 earnings per share for the current fiscal year.

Cisco Systems Dividend Announcement

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 paid a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend is Friday, January 2nd. Cisco Systems’s dividend payout ratio is 61.65%.

Insider Transactions at Cisco Systems

In related news, Director Kristina M. Johnson sold 13,481 shares of the firm’s stock in a transaction dated Thursday, December 18th. The shares were sold at an average price of $77.13, for a total value of $1,039,789.53. Following the completion of the sale, the director owned 61,630 shares in the company, valued at $4,753,521.90. This trade represents a 17.95% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Maria Victoria Wong sold 428 shares of Cisco Systems stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $80.33, for a total value of $34,381.24. Following the transaction, the senior vice president directly owned 32,176 shares of the company’s stock, valued at $2,584,698.08. This trade represents a 1.31% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 1,044,865 shares of company stock valued at $81,397,635. 0.01% of the stock is owned by company insiders.

About Cisco Systems

(Free Report)

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.

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Institutional Ownership by Quarter for Cisco Systems (NASDAQ:CSCO)

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