Legacy Wealth Asset Management LLC Has $959,000 Stock Position in Cisco Systems, Inc. $CSCO

Legacy Wealth Asset Management LLC lowered its position in Cisco Systems, Inc. (NASDAQ:CSCO) by 62.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 14,021 shares of the network equipment provider’s stock after selling 22,845 shares during the quarter. Legacy Wealth Asset Management LLC’s holdings in Cisco Systems were worth $959,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of CSCO. Brighton Jones LLC lifted its holdings in shares of Cisco Systems by 49.5% during the 4th quarter. Brighton Jones LLC now owns 74,187 shares of the network equipment provider’s stock worth $4,392,000 after acquiring an additional 24,562 shares during the period. Revolve Wealth Partners LLC lifted its stake in Cisco Systems by 37.0% during the fourth quarter. Revolve Wealth Partners LLC now owns 9,156 shares of the network equipment provider’s stock worth $542,000 after purchasing an additional 2,474 shares during the period. Sax Wealth Advisors LLC boosted its holdings in Cisco Systems by 15.5% during the first quarter. Sax Wealth Advisors LLC now owns 9,135 shares of the network equipment provider’s stock valued at $564,000 after purchasing an additional 1,225 shares in the last quarter. Groupe la Francaise grew its stake in shares of Cisco Systems by 23.5% in the 1st quarter. Groupe la Francaise now owns 8,010 shares of the network equipment provider’s stock valued at $484,000 after purchasing an additional 1,526 shares during the period. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in shares of Cisco Systems by 1.1% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 408,763 shares of the network equipment provider’s stock worth $25,225,000 after buying an additional 4,435 shares in the last quarter. 73.33% of the stock is currently owned by institutional investors.

Cisco Systems Stock Up 1.9%

Shares of NASDAQ:CSCO opened at $78.42 on Monday. Cisco Systems, Inc. has a 12 month low of $52.11 and a 12 month high of $80.82. The company’s 50-day moving average price is $74.59 and its two-hundred day moving average price is $70.26. The company has a quick ratio of 0.83, a current ratio of 0.93 and a debt-to-equity ratio of 0.46. The firm has a market cap of $309.84 billion, a P/E ratio of 29.48, a P/E/G ratio of 2.97 and a beta of 0.87.

Cisco Systems (NASDAQ:CSCO) last announced its earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 earnings per share for the quarter, topping analysts’ consensus estimates of $0.98 by $0.02. Cisco Systems had a net margin of 18.38% and a return on equity of 27.29%. The company had revenue of $14.88 billion during the quarter, compared to the consensus estimate of $14.77 billion. During the same period in the previous year, the firm posted $0.91 earnings per share. The company’s revenue was up 7.5% on a year-over-year basis. Cisco Systems has set its FY 2026 guidance at 4.080-4.140 EPS and its Q2 2026 guidance at 1.010-1.030 EPS. As a group, research analysts forecast that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.

Cisco Systems Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 21st. Shareholders of record on Friday, January 2nd will be issued a dividend of $0.41 per share. The ex-dividend date of this dividend is Friday, January 2nd. This represents a $1.64 annualized dividend and a yield of 2.1%. Cisco Systems’s dividend payout ratio is currently 61.65%.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on CSCO shares. Piper Sandler upped their price target on Cisco Systems from $70.00 to $86.00 and gave the company a “neutral” rating in a research report on Thursday, November 13th. Wells Fargo & Company upped their target price on shares of Cisco Systems from $83.00 to $95.00 and gave the stock an “overweight” rating in a report on Thursday, November 13th. Barclays lifted their price target on shares of Cisco Systems from $71.00 to $76.00 and gave the company an “equal weight” rating in a report on Thursday, November 13th. Erste Group Bank raised shares of Cisco Systems from a “hold” rating to a “buy” rating in a research note on Monday, November 10th. Finally, Evercore ISI raised their price objective on shares of Cisco Systems from $74.00 to $80.00 and gave the stock an “in-line” rating in a report on Thursday, November 13th. Seventeen investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat.com, Cisco Systems currently has an average rating of “Moderate Buy” and an average target price of $84.55.

Cisco Systems News Roundup

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

• Positive Sentiment: Analyst upgrade/price-target lift: Morgan Stanley raised its price target on CSCO to $91, supporting upside expectations and likely helping buying interest. Morgan Stanley Boosts Cisco Systems Price Target
• Positive Sentiment: Dividend and corporate cash returns remain supportive: Cisco’s recent dividend (annualized $1.64, yield ~2.1%) and strong cash metrics underpin investor confidence in the name. Positive Sentiment: dividend
• Neutral Sentiment: Valuation/watch-the-run: Coverage pieces are reassessing Cisco after a ~37% one‑year share-price climb — investors should balance growth story vs. stretched multiples. Reassessing Valuation
• Negative Sentiment: Security risk: Researchers disclosed that a China‑linked hacking group is exploiting a vulnerability in popular Cisco products to target enterprise customers — this raises potential remediation costs, reputation risk, and near‑term customer concern. TechCrunch: Chinese hacking campaign
• Negative Sentiment: Insider sales: Two directors disclosed multi‑hundred‑thousand to >$1M stock sales (Michael D. Capellas and Kristina M. Johnson), which reduces insider ownership and can be interpreted negatively by some investors. SEC filings: Capellas Form 4 and Johnson Form 4

Insider Transactions at Cisco Systems

In other news, EVP Deborah L. Stahlkopf sold 164,584 shares of Cisco Systems stock in a transaction on Friday, November 14th. The stock was sold at an average price of $77.85, for a total value of $12,812,864.40. Following the completion of the sale, the executive vice president directly owned 196,738 shares of the company’s stock, valued at approximately $15,316,053.30. This trade represents a 45.55% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Jeetendra I. Patel sold 163,896 shares of the company’s stock in a transaction on Friday, November 14th. The shares were sold at an average price of $77.86, for a total value of $12,760,942.56. Following the transaction, the insider directly owned 281,108 shares in the company, valued at $21,887,068.88. This trade represents a 36.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 1,044,865 shares of company stock worth $81,397,635. Corporate insiders own 0.01% of the company’s stock.

About Cisco Systems

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.