Lynch Investment Planning LLC Takes $388,000 Position in Cisco Systems, Inc. $CSCO

Lynch Investment Planning LLC acquired a new stake in shares of Cisco Systems, Inc. (NASDAQ:CSCOFree Report) in the fourth quarter, HoldingsChannel reports. The institutional investor acquired 5,034 shares of the network equipment provider’s stock, valued at approximately $388,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CSCO. Monetary Solutions Ltd purchased a new position in Cisco Systems during the fourth quarter valued at approximately $233,000. Kera Capital Partners Inc. increased its stake in shares of Cisco Systems by 31.1% in the fourth quarter. Kera Capital Partners Inc. now owns 25,086 shares of the network equipment provider’s stock worth $1,965,000 after purchasing an additional 5,945 shares in the last quarter. MV Capital Management Inc. purchased a new stake in shares of Cisco Systems in the fourth quarter worth $487,000. Catalyst Investment Management LLC bought a new stake in shares of Cisco Systems during the 4th quarter valued at $396,000. Finally, Cambient Family Office LLC purchased a new position in shares of Cisco Systems during the 4th quarter valued at $4,848,000. Institutional investors own 73.33% of the company’s stock.

Analyst Ratings Changes

CSCO has been the subject of several recent analyst reports. KeyCorp upped their target price on shares of Cisco Systems from $87.00 to $125.00 and gave the stock an “overweight” rating in a report on Thursday, May 14th. Zacks Research cut Cisco Systems from a “strong-buy” rating to a “hold” rating in a report on Monday, April 13th. HSBC upgraded Cisco Systems from a “hold” rating to a “buy” rating and boosted their price objective for the company from $77.00 to $137.00 in a research report on Friday, May 15th. Evercore increased their target price on Cisco Systems from $110.00 to $150.00 and gave the stock an “outperform” rating in a research report on Thursday, May 14th. Finally, Argus lifted their target price on Cisco Systems from $100.00 to $150.00 and gave the company a “buy” rating in a research note on Tuesday, May 19th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $122.90.

Check Out Our Latest Stock Report on Cisco Systems

Trending Headlines about Cisco Systems

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

Cisco Systems Stock Performance

CSCO opened at $119.54 on Friday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.81 and a current ratio of 0.92. The stock has a market capitalization of $471.16 billion, a price-to-earnings ratio of 38.81, a PEG ratio of 2.99 and a beta of 1.01. The company has a fifty day moving average of $105.43 and a 200 day moving average of $87.78. Cisco Systems, Inc. has a fifty-two week low of $65.72 and a fifty-two week high of $130.37.

Cisco Systems (NASDAQ:CSCOGet Free Report) last announced its quarterly earnings results on Wednesday, May 13th. The network equipment provider reported $1.06 EPS for the quarter, topping the consensus estimate of $1.03 by $0.03. Cisco Systems had a net margin of 20.14% and a return on equity of 28.44%. The business had revenue of $15.84 billion for the quarter, compared to analysts’ expectations of $15.56 billion. During the same quarter in the previous year, the company earned $0.96 EPS. The business’s quarterly revenue was up 12.0% compared to the same quarter last year. Cisco Systems has set its Q4 2026 guidance at 1.160-1.180 EPS and its FY 2026 guidance at 4.270-4.290 EPS. As a group, sell-side analysts forecast that Cisco Systems, Inc. will post 3.54 earnings per share for the current fiscal year.

Cisco Systems Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 22nd. Investors of record on Monday, July 6th will be given a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Monday, July 6th. Cisco Systems’s payout ratio is currently 54.55%.

Insider Buying and Selling

In other Cisco Systems news, insider Jeetendra I. Patel sold 7,169 shares of Cisco Systems stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $117.28, for a total value of $840,780.32. Following the sale, the insider owned 246,737 shares of the company’s stock, valued at $28,937,315.36. The trade was a 2.82% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Oliver Tuszik sold 2,607 shares of the company’s stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $121.12, for a total value of $315,759.84. Following the sale, the executive vice president directly owned 172,727 shares in the company, valued at $20,920,694.24. This trade represents a 1.49% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 47,650 shares of company stock valued at $5,668,823 in the last ninety days. Company insiders own 0.01% of the company’s stock.

Cisco Systems Profile

(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.

Recommended Stories

Want to see what other hedge funds are holding CSCO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cisco Systems, Inc. (NASDAQ:CSCOFree Report).

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

Receive News & Ratings for Cisco Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cisco Systems and related companies with MarketBeat.com's FREE daily email newsletter.