Cisco Systems, Inc. $CSCO Shares Bought by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. boosted its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 24.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 363,506 shares of the network equipment provider’s stock after purchasing an additional 71,774 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in Cisco Systems were worth $47,287,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the business. MidAtlantic Capital Management Inc. bought a new stake in shares of Cisco Systems during the 4th quarter worth $25,000. Networth Advisors LLC raised its position in shares of Cisco Systems by 276.4% during the first quarter. Networth Advisors LLC now owns 335 shares of the network equipment provider’s stock worth $26,000 after purchasing an additional 246 shares during the period. Manning & Napier Advisors LLC lifted its holdings in shares of Cisco Systems by 137.0% during the first quarter. Manning & Napier Advisors LLC now owns 346 shares of the network equipment provider’s stock valued at $27,000 after purchasing an additional 200 shares during the last quarter. Financial Life Planners purchased a new stake in shares of Cisco Systems during the first quarter valued at $27,000. Finally, Principia Wealth Advisory LLC boosted its position in shares of Cisco Systems by 43.7% in the 2nd 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. 73.33% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the company. Freedom Capital raised Cisco Systems from a “hold” rating to a “strong-buy” rating in a research note on Sunday, August 16th. Piper Sandler reduced their price objective on shares of Cisco Systems from $132.00 to $125.00 and set a “neutral” rating for the company in a research note on Tuesday. Wells Fargo & Company raised their target price on shares of Cisco Systems from $130.00 to $150.00 and gave the stock an “overweight” rating in a report on Thursday, August 13th. Barclays lifted their target price on shares of Cisco Systems from $121.00 to $123.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 13th. Finally, Zacks Research lowered shares of Cisco Systems from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 4th. Two investment 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, the company presently has an average rating of “Moderate Buy” and an average price target of $129.36.

Key Stories Impacting Cisco Systems

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

• Positive Sentiment: Analysts and market commentators continue to view Cisco as an AI-infrastructure beneficiary because data centers require high-speed switches, networking equipment and data-movement capabilities. Cisco’s established networking position and data-center exposure could provide a moat as AI deployments expand. CSCO Still Has Niche in AI Trade: Kim Forrest Sees Data & Data Centers as Moat
• Positive Sentiment: Cisco released research indicating that enterprises are rapidly moving toward “AgenticOps,” or AI-driven network operations. The findings suggest a growing need for tools that automate increasingly complex network monitoring and alert management, potentially supporting demand for Cisco’s software and services. Cisco AI Research: AgenticOps Scaling Quickly in the Enterprise
• Positive Sentiment: Cisco announced a collaboration with Infleqtion to develop distributed quantum-networking technologies, including quantum memory-to-optical transduction and a prototype Universal Quantum Switch. The initiative strengthens Cisco’s technology positioning, although its financial contribution remains longer term. Cisco Unveils Quantum Networking Push With New Distributed Systems Collaboration
• Neutral Sentiment: A Zscaler-versus-Cisco comparison emphasized Cisco’s combination of cybersecurity growth, AI-infrastructure momentum and cash generation, along with a lower price-to-sales valuation than Zscaler. The comparison is supportive but does not represent a new company catalyst. Zscaler vs. Cisco: Which Cybersecurity Stock Is the Better Buy?
• Negative Sentiment: Piper Sandler lowered its Cisco price target to $125 from $132 and retained a Neutral rating. Analyst James Fish cited expectations for a lower valuation multiple and fears that growth could be peaking, prompting investors to reassess Cisco’s premium after its strong run. Cisco stock sinks after Piper Sandler cuts price target on growth concerns
• Negative Sentiment: Recent executive stock sales and broad profit-taking appear to have intensified the selling pressure. Available reports characterized the move as sentiment- and valuation-driven rather than a response to a new earnings miss or guidance reduction.

Cisco Systems Stock Down 0.0%

Cisco Systems stock traded down $0.01 during mid-day trading on Wednesday, hitting $106.43. The company’s stock had a trading volume of 17,629,853 shares, compared to its average volume of 22,757,455. The firm’s 50 day moving average is $112.66 and its 200 day moving average is $104.97. The company has a market cap of $419.61 billion, a PE ratio of 31.87, a price-to-earnings-growth ratio of 2.32 and a beta of 1.00. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.93 and a quick ratio of 0.79. Cisco Systems, Inc. has a 52-week low of $66.81 and a 52-week high of $130.37.

Cisco Systems (NASDAQ:CSCO) last posted its quarterly earnings results on Wednesday, August 12th. The network equipment provider reported $1.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.17 by $0.05. Cisco Systems had a net margin of 20.95% and a return on equity of 30.16%. The business had revenue of $17.25 billion during the quarter, compared to analyst estimates of $16.84 billion. During the same period in the prior year, the firm earned $0.99 earnings per share. The firm’s revenue was up 17.6% compared to the same quarter last year. 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. On average, analysts anticipate that Cisco Systems, Inc. will post 4.43 earnings per share for the current year.

Cisco Systems Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 21st. Stockholders of record on Friday, October 2nd will be paid a $0.42 dividend. The ex-dividend date of this dividend is Friday, October 2nd. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.6%. Cisco Systems’s dividend payout ratio is 50.30%.

Insider Buying and Selling at Cisco Systems

In other Cisco Systems news, EVP Deborah L. Stahlkopf sold 6,487 shares of the business’s stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $111.53, for a total value of $723,495.11. Following the transaction, the executive vice president owned 167,116 shares in the company, valued at $18,638,447.48. The trade was a 3.74% decrease in their ownership of the stock. The sale was disclosed in a document filed 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 company’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 $34,376.16. Following the completion of the transaction, the executive vice president directly owned 127,661 shares in the company, valued at approximately $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. Insiders sold 44,869 shares of company stock valued at $5,005,620 in the last quarter. Corporate insiders own 0.01% of the company’s stock.

About Cisco Systems

Cisco Systems, Inc is a global technology company that provides networking, cybersecurity, collaboration, observability and other information technology solutions. Its offerings include routers, switches, wireless networking equipment, data center infrastructure, security platforms, unified communications tools and software designed to help organizations connect, manage and protect their digital environments.

Cisco serves businesses, government agencies, educational institutions, telecommunications providers and other organizations worldwide.