Werba Rubin Papier Wealth Management cut its stake in Cisco Systems, Inc. (NASDAQ:CSCO – Free Report) by 37.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,975 shares of the network equipment provider’s stock after selling 6,702 shares during the quarter. Werba Rubin Papier Wealth Management’s holdings in Cisco Systems were worth $1,181,000 as of its most recent SEC filing.
A number of other hedge funds also recently modified their holdings of the stock. Halbert Hargrove Global Advisors LLC grew its stake in Cisco Systems by 142.5% in the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 257 shares of the network equipment provider’s stock valued at $28,000 after buying an additional 151 shares during the last quarter. Kings Path Partners LLC bought a new position in Cisco Systems in the 3rd quarter valued at about $31,000. Blueline Advisors LLC acquired a new stake in Cisco Systems during the third quarter worth approximately $32,000. RMG Wealth Management LLC lifted its position in Cisco Systems by 308.7% during the first quarter. RMG Wealth Management LLC now owns 425 shares of the network equipment provider’s stock worth $33,000 after acquiring an additional 321 shares during the last quarter. Finally, GK Wealth Management LLC bought a new stake in shares of Cisco Systems during the third quarter worth approximately $37,000. Institutional investors and hedge funds own 73.33% of the company’s stock.
Analysts Set New Price Targets
A number of equities research analysts have recently issued reports on CSCO shares. HSBC cut Cisco Systems from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $137.00 to $120.00 in a report on Friday, August 14th. Weiss Ratings reiterated a “buy (b)” rating on shares of Cisco Systems in a research note on Wednesday, August 26th. Rosenblatt Securities lifted their price target on Cisco Systems from $150.00 to $165.00 and gave the stock a “buy” rating in a report on Thursday, August 13th. Freedom Capital upgraded Cisco Systems from a “hold” rating to a “strong-buy” rating in a research note on Sunday, August 16th. Finally, Barclays boosted their price target on Cisco Systems from $121.00 to $123.00 and gave the company an “equal weight” rating in a research note on Thursday, August 13th. Three investment analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $129.14.
Check Out Our Latest Report on CSCO
Cisco Systems Trading Up 1.2%
CSCO stock opened at $102.01 on Friday. Cisco Systems, Inc. has a 52 week low of $72.80 and a 52 week high of $130.37. The company has a market capitalization of $402.18 billion, a PE ratio of 30.54, a price-to-earnings-growth ratio of 2.07 and a beta of 1.01. The company’s 50-day simple moving average is $108.02 and its 200 day simple moving average is $102.13. 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 – Get Free Report) last issued its quarterly earnings data on Thursday, November 12th. The network equipment provider reported $1.40 earnings per share for the quarter, topping the consensus estimate of $1.33 by $0.07. The business had revenue of $18.52 billion during the quarter, compared to analysts’ expectations of $18.12 billion. Cisco Systems had a net margin of 20.95% and a return on equity of 30.16%. During the same quarter in the previous year, the company 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. As a group, sell-side analysts anticipate that Cisco Systems, Inc. will post 4.48 earnings per share for the current year.
Cisco Systems Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 20th. Stockholders of record on Monday, January 4th will be issued a dividend of $0.42 per share. The ex-dividend date of this dividend is Monday, January 4th. This represents a $1.68 annualized dividend and a dividend yield of 1.6%. Cisco Systems’s dividend payout ratio (DPR) is currently 50.30%.
More Cisco Systems News
These are some of the CSCO news items that stood out recently:
- Positive Sentiment: Cisco raised its fiscal 2027 adjusted EPS forecast to $5.47–$5.53, above the $5.10 FactSet estimate, and its revenue outlook to $74.8–$75.8 billion, versus $73.2 billion expected. Its Q2 EPS and revenue guidance also exceeded consensus, supporting expectations for continued growth. Cisco raises annual revenue forecast on strong AI networking demand
- Positive Sentiment: Management pointed to robust AI-networking demand, including data-center growth, as a major tailwind. Investors may see Cisco as benefiting from increased spending on the networking infrastructure needed for AI. Cisco Earnings, Revenue Top Estimates On AI Data Center Growth
- Neutral Sentiment: Despite the strong report and higher guidance, investors will be watching whether AI-related demand can translate into sustained growth and healthy margins, particularly after a rally that had raised expectations. Cisco rally faces a margin-and-valuation test
Insider Activity at Cisco Systems
In related news, EVP Oliver Tuszik sold 680 shares of the business’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 value of $74,922.40. Following the completion of the sale, the executive vice president directly owned 163,337 shares in the company, valued at approximately $17,996,470.66. The trade was a 0.41% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Thimaya K. Subaiya sold 5,832 shares of the business’s stock in a transaction that occurred on Wednesday, August 19th. The shares were 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 owned 128,382 shares of the company’s stock, valued at approximately $14,310,741.54. This trade represents a 4.35% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 6,824 shares of company stock worth $759,392 over the last ninety days. Insiders own 0.01% of the company’s stock.
About Cisco Systems
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.
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