Cisco Systems, Inc. $CSCO Stock Purchased by Danica Pension Livsforsikringsaktieselskab

Danica Pension Livsforsikringsaktieselskab raised its stake in Cisco Systems, Inc. (NASDAQ:CSCO) by 6.3% in the third quarter, HoldingsChannel.com reports. The fund owned 208,386 shares of the network equipment provider’s stock after buying an additional 12,390 shares during the quarter. Danica Pension Livsforsikringsaktieselskab’s holdings in Cisco Systems were worth $22,429,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently made changes to their positions in CSCO. Halbert Hargrove Global Advisors LLC boosted its position in Cisco Systems by 142.5% during the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 257 shares of the network equipment provider’s stock valued at $28,000 after purchasing an additional 151 shares during the period. Kings Path Partners LLC bought a new stake in Cisco Systems in the third quarter valued at $31,000. Blueline Advisors LLC bought a new stake in Cisco Systems in the third quarter valued at $32,000. GK Wealth Management LLC acquired a new position in shares of Cisco Systems during the third quarter valued at $37,000. Finally, Principia Wealth Advisory LLC boosted its holdings in shares of Cisco Systems by 43.7% during the second quarter. Principia Wealth Advisory LLC now owns 398 shares of the network equipment provider’s stock valued at $47,000 after acquiring an additional 121 shares during the period. 73.33% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on CSCO shares. Truist Financial lowered their price target on shares of Cisco Systems from $140.00 to $127.00 and set a “buy” rating for the company in a research report on Friday. Barclays reduced their target price on shares of Cisco Systems from $123.00 to $109.00 and set an “equal weight” rating for the company in a research note on Friday. Wells Fargo & Company dropped their price target on shares of Cisco Systems from $150.00 to $130.00 and set an “overweight” rating on the stock in a research note on Friday. HSBC cut Cisco Systems from a “buy” rating to a “hold” rating and cut their price target for the company from $137.00 to $120.00 in a report on Friday, August 14th. Finally, Citigroup decreased their price objective on Cisco Systems from $139.00 to $120.00 and set a “buy” rating for the company in a report on Friday. Three investment analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $125.64.

Cisco Systems News Roundup

Investors following CSCO have been watching these news items:

• Positive Sentiment: Cisco reported revenue of $18.5 billion and adjusted EPS of $1.40, beating estimates. It raised fiscal 2027 revenue guidance to $74.8–$75.8 billion and EPS guidance to $5.47–$5.53, and lifted its AI revenue target to $9 billion. Strong AI-infrastructure and networking demand underpin the outlook. Reuters: Cisco raises annual revenue forecast
• Negative Sentiment: Fiscal Q1 product orders rose 21%, but missed expectations and slowed from the prior period, raising questions about the pace of demand growth. Yahoo Finance: Cisco down on expectations miss
• Negative Sentiment: Investors also focused on a 2.5-percentage-point decline in non-GAAP gross margin. A richer mix of AI networking hardware and higher memory costs are weighing on margins, tempering the earnings and guidance beats. Cisco shares and AI networking margin pressure

Cisco Systems Price Performance

Shares of CSCO stock traded down $6.37 during midday trading on Friday, reaching $95.64. 28,551,419 shares of the company were exchanged, compared to its average volume of 19,473,690. Cisco Systems, Inc. has a 12 month low of $72.80 and a 12 month high of $130.37. The company has a market cap of $377.07 billion, a P/E ratio of 25.44, a PEG ratio of 2.09 and a beta of 1.01. The company’s 50 day moving average price is $107.76 and its two-hundred day moving average price is $102.21. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.79 and a current ratio of 0.93.

Cisco Systems (NASDAQ:CSCO) last posted its quarterly earnings data on Thursday, November 12th. The network equipment provider reported $1.40 EPS for the quarter, topping analysts’ consensus estimates of $1.33 by $0.07. Cisco Systems had a return on equity of 33.06% and a net margin of 22.34%. The company had revenue of $18.52 billion for the quarter, compared to the consensus estimate of $18.12 billion. During the same quarter in the previous year, the business earned $1.00 EPS. Cisco Systems has set its Q2 2027 guidance at 1.340-1.360 EPS and its FY 2027 guidance at 5.470-5.530 EPS. On average, sell-side analysts expect that Cisco Systems, Inc. will post 4.48 earnings per share for the current year.

Cisco Systems Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 20th. Shareholders of record on Monday, January 4th will be issued a $0.42 dividend. This represents a $1.68 annualized dividend and a dividend yield of 1.8%. The ex-dividend date is Monday, January 4th. Cisco Systems’s dividend payout ratio (DPR) is presently 50.30%.

Insider Activity at Cisco Systems

In related news, EVP Thimaya K. Subaiya sold 5,832 shares of the stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $111.47, for a total value of $650,093.04. Following the completion of the sale, the executive vice president directly owned 128,382 shares of the company’s stock, valued at approximately $14,310,741.54. This represents a 4.35% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Oliver Tuszik sold 680 shares of the firm’s stock in a transaction that occurred on Monday, September 14th. The stock was sold at an average price of $110.18, for a total transaction of $74,922.40. Following the sale, the executive vice president owned 163,337 shares of the company’s stock, valued at approximately $17,996,470.66. This represents a 0.41% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 6,824 shares of company stock worth $759,392. 0.01% of the stock is currently owned by insiders.

Cisco Systems Company Profile

Cisco Systems, Inc. develops networking, cybersecurity, collaboration and observability technologies for businesses, governments and other organizations. Its products include routers, switches, wireless systems and data center infrastructure, along with security software and services that help organizations connect and protect their networks. The company also provides collaboration tools through its Webex platform and observability capabilities through its software offerings, including technology from Splunk, which Cisco acquired in 2024.