Envestnet Asset Management Inc. Has $1.32 Billion Stake in Cisco Systems, Inc. $CSCO

Envestnet Asset Management Inc. boosted its stake in Cisco Systems, Inc. (NASDAQ:CSCO) by 6.4% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,702,020 shares of the network equipment provider’s stock after acquiring an additional 644,534 shares during the quarter. Envestnet Asset Management Inc. owned 0.27% of Cisco Systems worth $1,320,657,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the company. Cozad Asset Management Inc. raised its stake in shares of Cisco Systems by 0.3% during the 1st quarter. Cozad Asset Management Inc. now owns 26,203 shares of the network equipment provider’s stock worth $2,033,000 after purchasing an additional 87 shares in the last quarter. Dogwood Wealth Management LLC lifted its position in Cisco Systems by 3.9% during the second quarter. Dogwood Wealth Management LLC now owns 2,413 shares of the network equipment provider’s stock worth $283,000 after acquiring an additional 90 shares during the last quarter. August Group Capital Ltd boosted its holdings in shares of Cisco Systems by 2.0% during the second quarter. August Group Capital Ltd now owns 4,723 shares of the network equipment provider’s stock worth $555,000 after acquiring an additional 91 shares during the period. Financial Insights Inc. grew its position in shares of Cisco Systems by 1.5% in the first quarter. Financial Insights Inc. now owns 6,220 shares of the network equipment provider’s stock valued at $483,000 after purchasing an additional 92 shares during the last quarter. Finally, CPA Asset Management Group LLC grew its position in shares of Cisco Systems by 1.8% in the second quarter. CPA Asset Management Group LLC now owns 5,335 shares of the network equipment provider’s stock valued at $627,000 after purchasing an additional 93 shares during the last quarter. Institutional investors own 73.33% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. Freedom Capital upgraded Cisco Systems from a “hold” rating to a “strong-buy” rating in a research note on Sunday, August 16th. UBS Group increased their price objective on Cisco Systems from $132.00 to $138.00 and gave the stock a “buy” rating in a research report on Thursday, August 13th. Piper Sandler dropped their target price on Cisco Systems from $132.00 to $125.00 and set a “neutral” rating for the company in a report on Tuesday. Barclays boosted their target price 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. Finally, Zacks Research lowered shares of Cisco Systems from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 4th. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat, Cisco Systems currently has a consensus rating of “Moderate Buy” and a consensus price target of $129.36.

Cisco Systems Price Performance

Cisco Systems stock traded down $0.01 during trading hours on Wednesday, reaching $106.43. 17,629,853 shares of the stock were exchanged, compared to its average volume of 22,757,455. The company has a current ratio of 0.93, a quick ratio of 0.79 and a debt-to-equity ratio of 0.39. Cisco Systems, Inc. has a twelve month low of $66.81 and a twelve month high of $130.37. The company has a market cap of $419.61 billion, a P/E ratio of 31.87, a price-to-earnings-growth ratio of 2.32 and a beta of 1.00. The stock has a 50 day moving average of $112.66 and a two-hundred day moving average of $104.97.

Cisco Systems (NASDAQ:CSCO) last issued its quarterly earnings results on Wednesday, August 12th. The network equipment provider reported $1.22 earnings per share for the quarter, topping analysts’ consensus estimates of $1.17 by $0.05. The company had revenue of $17.25 billion during the quarter, compared to the consensus estimate of $16.84 billion. Cisco Systems had a net margin of 20.95% and a return on equity of 30.16%. The firm’s quarterly revenue was up 17.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.99 EPS. 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. Equities analysts expect that Cisco Systems, Inc. will post 4.43 EPS for the current fiscal year.

Cisco Systems Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 21st. Shareholders of record on Friday, October 2nd will be issued a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend is Friday, October 2nd. Cisco Systems’s dividend payout ratio (DPR) is currently 50.30%.

More Cisco Systems News

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

• Positive Sentiment: Analysts and market commentators continue to view Cisco as an AI-infrastructure beneficiary because data centers require high-speed switches, networking equipment and data-movement capabilities. Cisco’s established networking position and data-center exposure could provide a moat as AI deployments expand. CSCO Still Has Niche in AI Trade: Kim Forrest Sees Data & Data Centers as Moat
• Positive Sentiment: Cisco released research indicating that enterprises are rapidly moving toward “AgenticOps,” or AI-driven network operations. The findings suggest a growing need for tools that automate increasingly complex network monitoring and alert management, potentially supporting demand for Cisco’s software and services. Cisco AI Research: AgenticOps Scaling Quickly in the Enterprise
• Positive Sentiment: Cisco announced a collaboration with Infleqtion to develop distributed quantum-networking technologies, including quantum memory-to-optical transduction and a prototype Universal Quantum Switch. The initiative strengthens Cisco’s technology positioning, although its financial contribution remains longer term. Cisco Unveils Quantum Networking Push With New Distributed Systems Collaboration
• Neutral Sentiment: A Zscaler-versus-Cisco comparison emphasized Cisco’s combination of cybersecurity growth, AI-infrastructure momentum and cash generation, along with a lower price-to-sales valuation than Zscaler. The comparison is supportive but does not represent a new company catalyst. Zscaler vs. Cisco: Which Cybersecurity Stock Is the Better Buy?
• Negative Sentiment: Piper Sandler lowered its Cisco price target to $125 from $132 and retained a Neutral rating. Analyst James Fish cited expectations for a lower valuation multiple and fears that growth could be peaking, prompting investors to reassess Cisco’s premium after its strong run. Cisco stock sinks after Piper Sandler cuts price target on growth concerns
• Negative Sentiment: Recent executive stock sales and broad profit-taking appear to have intensified the selling pressure. Available reports characterized the move as sentiment- and valuation-driven rather than a response to a new earnings miss or guidance reduction.

Insider Buying and Selling

In other news, CEO Charles Robbins sold 21,628 shares of the business’s stock in a transaction on Friday, August 14th. The stock was sold at an average price of $111.54, for a total transaction of $2,412,387.12. Following the completion of the transaction, the chief executive officer owned 602,710 shares of the company’s stock, valued at approximately $67,226,273.40. The trade was a 3.46% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Thimaya Subaiya sold 5,832 shares of the company’s stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $111.47, for a total value of $650,093.04. Following the sale, the executive vice president owned 128,382 shares of the company’s stock, valued at approximately $14,310,741.54. This represents a 4.35% 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. In the last 90 days, insiders have sold 44,869 shares of company stock worth $5,005,620. 0.01% of the stock is owned by company insiders.

Cisco Systems Company Profile

Cisco Systems, Inc is a global technology company that provides networking, cybersecurity, collaboration, observability and other information technology solutions. Its offerings include routers, switches, wireless networking equipment, data center infrastructure, security platforms, unified communications tools and software designed to help organizations connect, manage and protect their digital environments.

Cisco serves businesses, government agencies, educational institutions, telecommunications providers and other organizations worldwide.