Avidian Wealth Enterprises LLC lifted its stake in Cisco Systems, Inc. (NASDAQ:CSCO – Free Report) by 6.6% in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 78,842 shares of the network equipment provider’s stock after purchasing an additional 4,873 shares during the quarter. Avidian Wealth Enterprises LLC’s holdings in Cisco Systems were worth $8,983,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently bought and sold shares of the company. Networth Advisors LLC grew its holdings in Cisco Systems by 276.4% during the 1st quarter. Networth Advisors LLC now owns 335 shares of the network equipment provider’s stock valued at $26,000 after purchasing an additional 246 shares during the last quarter. Manning & Napier Advisors LLC lifted its stake in shares of Cisco Systems by 137.0% during the 1st quarter. Manning & Napier Advisors LLC now owns 346 shares of the network equipment provider’s stock worth $27,000 after acquiring an additional 200 shares during the last quarter. Financial Life Planners bought a new stake in shares of Cisco Systems during the first quarter worth $27,000. Principia Wealth Advisory LLC boosted its stake in shares of Cisco Systems by 43.7% during the second quarter. Principia Wealth Advisory LLC now owns 398 shares of the network equipment provider’s stock valued at $47,000 after purchasing an additional 121 shares during the period. Finally, Osbon Capital Management LLC bought a new position in shares of Cisco Systems in the fourth quarter worth about $32,000. 73.33% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling at Cisco Systems
In other news, EVP Oliver Tuszik sold 680 shares of the business’s stock in a transaction dated Monday, September 14th. The stock was sold at an average price of $110.18, for a total value of $74,922.40. Following the completion of the transaction, the executive vice president owned 163,337 shares of the company’s stock, valued at $17,996,470.66. The trade was a 0.41% decrease in their position. The sale was disclosed in a 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 Thimaya K. Subaiya sold 312 shares of the business’s stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $110.18, for a total value of $34,376.16. Following the completion of the transaction, the executive vice president directly owned 127,661 shares of the company’s stock, valued at $14,065,688.98. The trade was a 0.24% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 44,869 shares of company stock worth $5,005,620. Corporate insiders own 0.01% of the company’s stock.
Cisco Systems Stock Down 1.3%
Cisco Systems (NASDAQ:CSCO – Get Free Report) last posted its quarterly earnings data on Wednesday, August 12th. The network equipment provider reported $1.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.17 by $0.05. The firm had revenue of $17.25 billion for 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 company’s revenue for the quarter was up 17.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.99 earnings per share. 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. As a group, equities analysts forecast that Cisco Systems, Inc. will post 4.41 earnings per share for the current year.
Cisco Systems Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 21st. Shareholders of record on Friday, October 2nd will be given a dividend of $0.42 per share. The ex-dividend date of this dividend is Friday, October 2nd. This represents a $1.68 dividend on an annualized basis and a yield of 1.4%. Cisco Systems’s dividend payout ratio (DPR) is currently 50.30%.
Analyst Ratings Changes
CSCO has been the topic of a number of research analyst reports. Truist Financial upped their target price on shares of Cisco Systems from $125.00 to $140.00 and gave the stock a “buy” rating in a research note on Thursday, August 13th. Wells Fargo & Company upped their target price on Cisco Systems from $130.00 to $150.00 and gave the stock an “overweight” rating in a report on Thursday, August 13th. Morgan Stanley raised their price target on Cisco Systems from $130.00 to $135.00 and gave the company an “overweight” rating in a research note on Thursday, August 13th. Sanford C. Bernstein assumed coverage on shares of Cisco Systems in a research note on Wednesday, September 30th. They issued a “market perform” rating and a $110.00 price objective for the company. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on shares of Cisco Systems in a report on Tuesday, September 1st. They issued a “buy” rating and a $135.00 price target for the company. Three analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $128.52.
Read Our Latest Stock Report on CSCO
Cisco Systems News Roundup
Here are the key news stories impacting Cisco Systems this week:
- Positive Sentiment: Cisco unveiled new agentic AI capabilities across Webex, workplace management and customer experience. The updates include Claude-powered agents in Webex that can analyze data, create content and execute tasks using enterprise context, potentially strengthening Cisco’s competitive position in enterprise collaboration. Cisco Unveils New Agentic Collaboration Experiences
- Positive Sentiment: The product rollout also includes a Google Meet partnership for Cisco devices, a new customer-experience platform and RoomOS 27, expected in November. These initiatives could create additional software and services opportunities beyond Cisco’s traditional networking hardware. Cisco unveils agentic AI tools across Webex, workplace and CX
- Positive Sentiment: AI infrastructure demand remains a key catalyst. Coverage points to Cisco’s fifth consecutive earnings beat and a buildup in AI-related orders, while Supermicro servers entering Cisco’s AI factory channel could help expand the company’s role in AI data-center deployments. Cisco Stock Gains as Supermicro Servers Enter Its AI Factory Channel
- Positive Sentiment: Cisco also announced a FIPS-validated post-quantum security application, reinforcing its cybersecurity portfolio as customers prepare for evolving encryption threats. Cisco Added a FIPS Validated Post Quantum Security App
- Neutral Sentiment: Investor commentary remains constructive but divided: analysts see a possible new growth phase, while the key question is whether AI enthusiasm and recent earnings beats are already reflected in CSCO’s valuation. Cisco Could Be Entering a New Growth Phase
- Negative Sentiment: With Cisco trading at roughly 35 times earnings and near its one-year high, valuation and the possibility that the AI-driven rally has priced in much of the improvement are reasons some investors may wait for a better entry point. What Is the Case for Waiting on Cisco Stock?
About Cisco Systems
Cisco Systems, Inc is a global technology company that develops networking, cybersecurity, collaboration, observability and data center solutions. Its products and services help businesses, governments, educational institutions and other organizations connect users and devices, manage infrastructure, protect digital environments and support cloud-based operations.
Cisco’s portfolio includes routers and switches, wireless networking equipment, network management software, firewalls, identity and access tools, endpoint security products, collaboration applications and observability platforms.
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