Synovus Financial Corp Purchases 8,181 Shares of Cisco Systems, Inc. $CSCO

Synovus Financial Corp increased its holdings in Cisco Systems, Inc. (NASDAQ:CSCO) by 2.1% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 399,164 shares of the network equipment provider’s stock after purchasing an additional 8,181 shares during the period. Synovus Financial Corp’s holdings in Cisco Systems were worth $27,313,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Avantax Advisory Services Inc. raised its stake in Cisco Systems by 1.1% in the second quarter. Avantax Advisory Services Inc. now owns 420,336 shares of the network equipment provider’s stock worth $29,163,000 after buying an additional 4,525 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its position in shares of Cisco Systems by 6.9% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,189,645 shares of the network equipment provider’s stock worth $218,236,000 after acquiring an additional 205,043 shares in the last quarter. Greystone Financial Group LLC bought a new position in shares of Cisco Systems in the 3rd quarter worth $8,563,000. Jones Financial Companies Lllp boosted its position in Cisco Systems by 8.9% during the third quarter. Jones Financial Companies Lllp now owns 686,469 shares of the network equipment provider’s stock valued at $46,165,000 after purchasing an additional 56,057 shares in the last quarter. Finally, Rockland Trust Co. grew its stake in Cisco Systems by 213.8% in the third quarter. Rockland Trust Co. now owns 20,497 shares of the network equipment provider’s stock valued at $1,402,000 after purchasing an additional 13,966 shares during the last quarter. Institutional investors own 73.33% of the company’s stock.

Key Cisco Systems News

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

• Positive Sentiment: UBS raised its price target to $95 and reiterated a Buy, citing stronger AI order momentum that supports Cisco’s revenue outlook. UBS Lifts PT on Cisco Systems, Inc. (CSCO) Stock
• Positive Sentiment: Recent quarterly results beat consensus (EPS $1.04 vs $1.02; revenue $15.35B vs $15.11B; revenue +9.7% YoY), giving fundamental support to the recovery narrative. CSCO Earnings & Data
• Positive Sentiment: Cisco announced a working quantum network with Qunnect between Brooklyn and Manhattan — a technology proof point that bolsters Cisco’s innovation story in networking and future services. Cisco and Qunnect build quantum network
• Neutral Sentiment: Broad Wall Street commentary highlights an average analyst target near $88.8 (~mid‑teens upside from recent levels), framing the pullback as a potential buying opportunity rather than a structural problem. Wall Street Sees 16% Upside in Cisco (CSCO)
• Neutral Sentiment: Sector coverage (Zacks) notes macro/margin headwinds but also AI tailwinds; useful context but not an immediate catalyst. 3 Stocks to Consider From a Troubled Networking Industry
• Negative Sentiment: Analyst and sentiment risks: Erste Group recently downgraded CSCO from Buy to Hold, and several commentaries raise valuation concerns tied to Cisco’s AI investments and the Splunk acquisition. Finviz (analyst note) Cisco’s New AI Push And Partnerships Weigh On Stock Valuation Story
• Negative Sentiment: Insider selling: CEO Charles Robbins and other insiders sold shares mid‑February (SEC filings), which can add short‑term selling pressure and signal liquidity needs. Cisco Insider Selling Alerts
• Negative Sentiment: Recent coverage and data show a sharp, short‑term post‑earnings slide (~9–11% in recent sessions) and headline pieces questioning margins and the Splunk integration — the main near‑term negative catalysts for volatility. How Low Can Cisco Stock Go? What’s next for Cisco after its post-earnings stock slide?

Insider Buying and Selling at Cisco Systems

In related news, EVP Thimaya K. Subaiya sold 1,745 shares of the company’s stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $79.46, for a total value of $138,657.70. Following the completion of the transaction, the executive vice president owned 176,319 shares of the company’s stock, valued at approximately $14,010,307.74. This represents a 0.98% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Michael D. Capellas sold 10,850 shares of the business’s stock in a transaction that occurred on Friday, December 19th. The shares were sold at an average price of $77.13, for a total value of $836,860.50. Following the completion of the sale, the director owned 146,368 shares of the company’s stock, valued at $11,289,363.84. This trade represents a 6.90% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 83,299 shares of company stock worth $6,390,416. 0.01% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of research firms have recently weighed in on CSCO. Wall Street Zen cut shares of Cisco Systems from a “buy” rating to a “hold” rating in a report on Saturday, November 22nd. Wells Fargo & Company raised their price target on Cisco Systems from $83.00 to $95.00 and gave the stock an “overweight” rating in a report on Thursday, November 13th. Evercore upgraded shares of Cisco Systems from an “in-line” rating to an “outperform” rating and upped their price target for the company from $80.00 to $100.00 in a research note on Monday, January 26th. Barclays lifted their price objective on shares of Cisco Systems from $71.00 to $76.00 and gave the stock an “equal weight” rating in a research note on Thursday, November 13th. Finally, JPMorgan Chase & Co. raised their target price on Cisco Systems from $90.00 to $95.00 and gave the stock an “overweight” rating in a research note on Monday, February 9th. Three equities research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $89.55.

Cisco Systems Stock Up 1.7%

Cisco Systems stock opened at $78.18 on Thursday. Cisco Systems, Inc. has a 52 week low of $52.11 and a 52 week high of $88.18. The firm has a market cap of $308.90 billion, a price-to-earnings ratio of 27.43, a price-to-earnings-growth ratio of 2.92 and a beta of 0.87. The business’s 50-day moving average price is $77.70 and its 200 day moving average price is $73.30. The company has a quick ratio of 0.85, a current ratio of 0.96 and a debt-to-equity ratio of 0.45.

Cisco Systems (NASDAQ:CSCO) last issued its quarterly earnings data on Wednesday, February 11th. The network equipment provider reported $1.04 EPS for the quarter, topping analysts’ consensus estimates of $1.02 by $0.02. Cisco Systems had a net margin of 19.22% and a return on equity of 27.88%. The business had revenue of $15.35 billion for the quarter, compared to analysts’ expectations of $15.11 billion. During the same quarter last year, the company earned $0.94 EPS. The business’s revenue was up 9.7% on a year-over-year basis. As a group, sell-side analysts anticipate that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.

Cisco Systems Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 22nd. Shareholders of record on Thursday, April 2nd will be given a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a dividend yield of 2.1%. This is an increase from Cisco Systems’s previous quarterly dividend of $0.41. The ex-dividend date is Thursday, April 2nd. Cisco Systems’s payout ratio is currently 57.54%.

Cisco Systems 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.