Cisco Systems (NASDAQ:CSCO) Trading Up 1.1% – Here’s What Happened

Cisco Systems, Inc. (NASDAQ:CSCO) traded up 1.1% on Thursday . The company traded as high as $76.05 and last traded at $75.1940. 18,028,818 shares changed hands during mid-day trading, a decline of 0% from the average session volume of 18,034,914 shares. The stock had previously closed at $74.41.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on CSCO. JPMorgan Chase & Co. boosted their price target on shares of Cisco Systems from $80.00 to $90.00 and gave the stock an “overweight” rating in a research note on Thursday, November 13th. Wall Street Zen cut shares of Cisco Systems from a “buy” rating to a “hold” rating in a research report on Saturday, November 22nd. UBS Group upped their price objective on Cisco Systems from $88.00 to $90.00 and gave the stock a “buy” rating in a research report on Thursday, November 13th. Morgan Stanley boosted their target price on Cisco Systems from $82.00 to $91.00 and gave the stock an “overweight” rating in a research note on Wednesday, December 17th. Finally, HSBC increased their price target on Cisco Systems from $69.00 to $74.00 and gave the company a “hold” rating in a research report on Friday, November 14th. Sixteen research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $85.23.

Cisco Systems Stock Up 1.1%

The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.83 and a current ratio of 0.93. The firm’s 50-day moving average price is $76.50 and its two-hundred day moving average price is $71.50. The firm has a market cap of $297.10 billion, a PE ratio of 28.27, a P/E/G ratio of 2.85 and a beta of 0.87.

Cisco Systems (NASDAQ:CSCO) last announced its quarterly earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 EPS for the quarter, topping the consensus estimate of $0.98 by $0.02. The firm had revenue of $14.88 billion for the quarter, compared to analyst estimates of $14.77 billion. Cisco Systems had a net margin of 18.38% and a return on equity of 27.29%. Cisco Systems’s revenue for the quarter was up 7.5% compared to the same quarter last year. During the same period last year, the business earned $0.91 EPS. 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, equities research analysts expect that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.

Cisco Systems Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 21st. Investors of record on Friday, January 2nd will be paid a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date is Friday, January 2nd. Cisco Systems’s dividend payout ratio (DPR) is currently 61.65%.

Insider Buying and Selling

In other news, CEO Charles Robbins sold 116,734 shares of Cisco Systems stock in a transaction on Tuesday, November 18th. The shares were sold at an average price of $77.30, for a total value of $9,023,538.20. Following the transaction, the chief executive officer directly owned 704,153 shares of the company’s stock, valued at $54,431,026.90. The trade was a 14.22% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Kristina M. Johnson sold 13,481 shares of the stock in a transaction on Thursday, December 18th. The stock was sold at an average price of $77.13, for a total transaction of $1,039,789.53. Following the sale, the director owned 61,630 shares of the company’s stock, valued at approximately $4,753,521.90. This represents a 17.95% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 1,044,865 shares of company stock valued at $81,397,635 in the last 90 days. Company insiders own 0.01% of the company’s stock.

Institutional Investors Weigh In On Cisco Systems

Hedge funds have recently made changes to their positions in the business. Lodestone Wealth Management LLC grew its holdings in shares of Cisco Systems by 1.8% during the fourth quarter. Lodestone Wealth Management LLC now owns 35,121 shares of the network equipment provider’s stock worth $2,705,000 after buying an additional 613 shares during the last quarter. Frank Rimerman Advisors LLC raised its stake in Cisco Systems by 5.8% during the 4th quarter. Frank Rimerman Advisors LLC now owns 103,760 shares of the network equipment provider’s stock valued at $7,993,000 after acquiring an additional 5,729 shares during the last quarter. Nilsine Partners LLC lifted its position in Cisco Systems by 9.5% during the 4th quarter. Nilsine Partners LLC now owns 52,287 shares of the network equipment provider’s stock worth $4,028,000 after acquiring an additional 4,557 shares during the period. Highline Wealth Partners LLC lifted its position in Cisco Systems by 17.1% during the 4th quarter. Highline Wealth Partners LLC now owns 1,035 shares of the network equipment provider’s stock worth $80,000 after acquiring an additional 151 shares during the period. Finally, LeConte Wealth Management LLC grew its stake in shares of Cisco Systems by 9.9% in the 4th quarter. LeConte Wealth Management LLC now owns 15,896 shares of the network equipment provider’s stock valued at $1,224,000 after purchasing an additional 1,429 shares during the last quarter. Institutional investors and hedge funds own 73.33% of the company’s stock.

Cisco Systems Company 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.