Cisco Systems, Inc. $CSCO Shares Sold by Thompson Investment Management Inc.

Thompson Investment Management Inc. trimmed its holdings in Cisco Systems, Inc. (NASDAQ:CSCO) by 4.3% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 152,592 shares of the network equipment provider’s stock after selling 6,860 shares during the period. Cisco Systems comprises approximately 1.4% of Thompson Investment Management Inc.’s holdings, making the stock its 19th largest holding. Thompson Investment Management Inc.’s holdings in Cisco Systems were worth $10,440,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in CSCO. Vanguard Group Inc. boosted its stake in Cisco Systems by 1.3% during the 2nd quarter. Vanguard Group Inc. now owns 393,989,568 shares of the network equipment provider’s stock valued at $27,334,996,000 after acquiring an additional 5,039,714 shares during the last quarter. State Street Corp lifted its position in shares of Cisco Systems by 0.6% during the second quarter. State Street Corp now owns 194,695,250 shares of the network equipment provider’s stock worth $13,507,956,000 after purchasing an additional 1,067,872 shares during the last quarter. Geode Capital Management LLC grew its stake in Cisco Systems by 1.2% in the second quarter. Geode Capital Management LLC now owns 99,252,395 shares of the network equipment provider’s stock worth $6,864,058,000 after purchasing an additional 1,157,704 shares in the last quarter. Norges Bank bought a new stake in Cisco Systems in the second quarter valued at about $3,816,825,000. Finally, Invesco Ltd. raised its stake in Cisco Systems by 3.0% during the second quarter. Invesco Ltd. now owns 48,531,251 shares of the network equipment provider’s stock valued at $3,367,098,000 after buying an additional 1,414,105 shares in the last quarter. Institutional investors and hedge funds own 73.33% of the company’s stock.

Cisco Systems Stock Performance

CSCO opened at $78.16 on Friday. The company has a current ratio of 0.93, a quick ratio of 0.83 and a debt-to-equity ratio of 0.46. The business’s 50 day moving average is $75.51 and its 200-day moving average is $70.67. The stock has a market cap of $308.82 billion, a PE ratio of 29.38, a price-to-earnings-growth ratio of 2.96 and a beta of 0.87. Cisco Systems, Inc. has a twelve month low of $52.11 and a twelve month high of $80.82.

Cisco Systems (NASDAQ:CSCO) last posted its earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 EPS for the quarter, beating the consensus estimate of $0.98 by $0.02. Cisco Systems had a return on equity of 27.29% and a net margin of 18.38%.The firm had revenue of $14.88 billion for the quarter, compared to analysts’ expectations of $14.77 billion. During the same period last year, the firm earned $0.91 EPS. The firm’s revenue was up 7.5% compared to the same quarter last year. 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. On average, analysts predict that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.

Cisco Systems Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 21st. Investors of record on Friday, January 2nd will be issued a $0.41 dividend. 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 presently 61.65%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. CICC Research boosted their price target on Cisco Systems from $78.00 to $84.00 and gave the company an “outperform” rating in a report on Friday, November 14th. UBS Group boosted their target price on shares of Cisco Systems from $88.00 to $90.00 and gave the company a “buy” rating in a research note on Thursday, November 13th. KeyCorp lifted their price target on shares of Cisco Systems from $77.00 to $87.00 and gave the company an “overweight” rating in a report on Thursday, November 13th. Piper Sandler increased their price objective on shares of Cisco Systems from $70.00 to $86.00 and gave the stock a “neutral” rating in a research note on Thursday, November 13th. Finally, Barclays raised their target price on shares of Cisco Systems from $71.00 to $76.00 and gave the stock an “equal weight” rating in a report on Thursday, November 13th. Seventeen research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $84.70.

Insider Transactions at Cisco Systems

In related news, EVP Deborah L. Stahlkopf sold 164,584 shares of the firm’s stock in a transaction that occurred on Friday, November 14th. The shares were sold at an average price of $77.85, for a total transaction of $12,812,864.40. Following the transaction, the executive vice president owned 196,738 shares in the company, valued at $15,316,053.30. This trade represents a 45.55% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Jeetendra I. Patel sold 163,896 shares of the company’s stock in a transaction that occurred on Friday, November 14th. The stock was sold at an average price of $77.86, for a total value of $12,760,942.56. Following the completion of the sale, the insider owned 281,108 shares of the company’s stock, valued at $21,887,068.88. This trade represents a 36.83% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,044,865 shares of company stock worth $81,397,635 over the last ninety days. Insiders own 0.01% of the company’s stock.

Cisco Systems Profile

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.