AG2R LA Mondiale Gestion D Actifs Invests $9.27 Million in Cisco Systems, Inc. $CSCO

AG2R LA Mondiale Gestion D Actifs bought a new position in Cisco Systems, Inc. (NASDAQ:CSCO) during the first quarter, according to its most recent filing with the SEC. The firm bought 147,098 shares of the network equipment provider’s stock, valued at approximately $9,273,000. Cisco Systems makes up 0.5% of AG2R LA Mondiale Gestion D Actifs’ investment portfolio, making the stock its 29th largest holding.

A number of other hedge funds also recently made changes to their positions in CSCO. Swedbank AB raised its stake in Cisco Systems by 7.0% in the 1st quarter. Swedbank AB now owns 7,541,877 shares of the network equipment provider’s stock valued at $465,409,000 after acquiring an additional 494,160 shares during the period. Voya Investment Management LLC raised its stake in Cisco Systems by 39.0% in the 1st quarter. Voya Investment Management LLC now owns 8,422,911 shares of the network equipment provider’s stock valued at $519,778,000 after acquiring an additional 2,365,389 shares during the period. Howe & Rusling Inc. raised its stake in Cisco Systems by 7.3% in the 1st quarter. Howe & Rusling Inc. now owns 18,820 shares of the network equipment provider’s stock valued at $1,161,000 after acquiring an additional 1,273 shares during the period. Compass Financial Services Inc raised its stake in Cisco Systems by 298.3% in the 1st quarter. Compass Financial Services Inc now owns 709 shares of the network equipment provider’s stock valued at $44,000 after acquiring an additional 531 shares during the period. Finally, Birchbrook Inc. grew its holdings in Cisco Systems by 6.3% during the 1st quarter. Birchbrook Inc. now owns 2,964 shares of the network equipment provider’s stock valued at $183,000 after buying an additional 176 shares in the last quarter. 73.33% of the stock is currently owned by institutional investors.

Insider Activity at Cisco Systems

In other Cisco Systems news, SVP Maria Victoria Wong sold 428 shares of Cisco Systems stock in a transaction dated Thursday, September 11th. The stock was sold at an average price of $68.25, for a total transaction of $29,211.00. Following the completion of the sale, the senior vice president directly owned 30,619 shares of the company’s stock, valued at $2,089,746.75. The trade was a 1.38% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Thimaya K. Subaiya sold 7,511 shares of the business’s stock in a transaction dated Wednesday, August 20th. The shares were sold at an average price of $66.84, for a total value of $502,035.24. Following the completion of the transaction, the executive vice president owned 161,467 shares in the company, valued at $10,792,454.28. This trade represents a 4.44% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 88,099 shares of company stock valued at $5,851,765 over the last 90 days. Corporate insiders own 0.01% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently issued reports on CSCO shares. Rosenblatt Securities reaffirmed a “buy” rating and set a $87.00 price objective on shares of Cisco Systems in a report on Thursday, August 14th. Barclays increased their price objective on Cisco Systems from $66.00 to $71.00 and gave the company an “equal weight” rating in a research note on Thursday, August 14th. Wolfe Research started coverage on Cisco Systems in a report on Tuesday, July 8th. They set a “peer perform” rating for the company. Bank of America increased their price objective on Cisco Systems from $76.00 to $85.00 and gave the stock a “buy” rating in a report on Thursday, August 14th. Finally, New Street Research reaffirmed a “neutral” rating and set a $70.00 price objective on shares of Cisco Systems in a research report on Friday, May 16th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and ten have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $74.53.

Cisco Systems Trading Down 0.6%

CSCO opened at $67.69 on Friday. The stock has a fifty day moving average price of $68.30 and a 200-day moving average price of $63.98. Cisco Systems, Inc. has a 12 month low of $48.86 and a 12 month high of $72.55. The firm has a market cap of $267.59 billion, a price-to-earnings ratio of 25.84, a PEG ratio of 2.86 and a beta of 0.99. The company has a current ratio of 1.00, a quick ratio of 0.91 and a debt-to-equity ratio of 0.49.

Cisco Systems (NASDAQ:CSCO) last issued its earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 EPS for the quarter, topping analysts’ consensus estimates of $0.98 by $0.01. The firm had revenue of $14.67 billion for the quarter, compared to the consensus estimate of $14.63 billion. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The company’s revenue was up 7.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.87 earnings per share. Cisco Systems has set its Q1 2026 guidance at 0.970-0.990 EPS. FY 2026 guidance at 4.000-4.060 EPS. As a group, equities research analysts anticipate 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, October 22nd. Shareholders of record on Friday, October 3rd will be paid a dividend of $0.41 per share. The ex-dividend date of this dividend is Friday, October 3rd. This represents a $1.64 annualized dividend and a yield of 2.4%. Cisco Systems’s dividend payout ratio (DPR) is 62.60%.

Cisco Systems Company Profile

Cisco Systems, Inc designs, manufactures, and sells Internet Protocol based networking and other products related to the communications and information technology industry in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and China. The company also offers switching portfolio encompasses campus switching as well as data center switching; enterprise routing portfolio interconnects public and private wireline and mobile networks, delivering highly secure, and reliable connectivity to campus, data center and branch networks; wireless products include wireless access points and controllers; and compute portfolio including the cisco unified computing system, hyperflex, and software management capabilities, which combine computing, networking, and storage infrastructure management and virtualization.