Lone Peak Global Investors LLC Increases Stock Holdings in Cisco Systems, Inc. $CSCO

Lone Peak Global Investors LLC increased its position in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 6.0% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 319,224 shares of the network equipment provider’s stock after buying an additional 18,182 shares during the quarter. Cisco Systems accounts for 5.2% of Lone Peak Global Investors LLC’s portfolio, making the stock its biggest holding. Lone Peak Global Investors LLC’s holdings in Cisco Systems were worth $37,496,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. MidAtlantic Capital Management Inc. acquired a new position in shares of Cisco Systems in the 4th quarter valued at $25,000. Intesa Sanpaolo Wealth Management bought a new stake in Cisco Systems in the fourth quarter valued at about $25,000. Networth Advisors LLC raised its position in Cisco Systems by 276.4% in 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 in the last quarter. Financial Life Planners acquired a new position in Cisco Systems in the first quarter worth about $27,000. Finally, Manning & Napier Advisors LLC lifted its stake in Cisco Systems by 137.0% during the first quarter. Manning & Napier Advisors LLC now owns 346 shares of the network equipment provider’s stock worth $27,000 after purchasing an additional 200 shares during the period. 73.33% of the stock is currently owned by institutional investors.

Cisco Systems Stock Performance

Shares of CSCO stock opened at $109.74 on Wednesday. The stock has a market cap of $432.53 billion, a PE ratio of 32.86, a price-to-earnings-growth ratio of 2.32 and a beta of 1.00. The stock has a 50-day moving average of $114.76 and a 200-day moving average of $101.68. 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 one year low of $66.13 and a one year high of $130.37.

Cisco Systems (NASDAQ:CSCO) last released its quarterly earnings results on Wednesday, August 12th. The network equipment provider reported $1.22 EPS for the quarter, topping analysts’ consensus estimates of $1.17 by $0.05. The company had revenue of $17.25 billion for the quarter, compared to analyst estimates of $16.84 billion. Cisco Systems had a return on equity of 30.16% and a net margin of 20.95%.Cisco Systems’s revenue was up 17.6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.99 earnings per share. 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. As a group, sell-side analysts expect that Cisco Systems, Inc. will post 4.44 earnings per share for the current year.

Cisco Systems Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 21st. Stockholders of record on Friday, October 2nd will be paid a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date is Friday, October 2nd. Cisco Systems’s dividend payout ratio is currently 50.30%.

Insider Buying and Selling at Cisco Systems

In other news, EVP Thimaya K. Subaiya sold 5,832 shares of the stock in a transaction that occurred on 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 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 transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Oliver Tuszik sold 2,760 shares of the firm’s stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $112.46, for a total transaction of $310,389.60. Following the completion of the sale, the executive vice president owned 165,276 shares of the company’s stock, valued at $18,586,938.96. This trade represents a 1.64% 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 have sold a total of 53,611 shares of company stock valued at $6,066,680 in the last ninety days. Insiders own 0.01% of the company’s stock.

Key Headlines Impacting Cisco Systems

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

• Positive Sentiment: Deutsche Bank initiated coverage of Cisco Systems with a “Buy” rating and a $135 price target, implying substantial upside from the referenced share price. The endorsement supports the bullish case for Cisco’s networking and AI growth prospects. Tuesday Wall Street analyst research calls
• Positive Sentiment: Cisco, AMD and HUMAIN said AI infrastructure using AMD Instinct MI355X systems and Cisco Silicon One networking is now live in Saudi Arabia. The partners plan additional deployments of up to 250 megawatts beginning in 2027, with a broader ambition of as much as 1 gigawatt by 2030. The projects provide potential long-term demand for Cisco’s AI networking products. AMD, Cisco and HUMAIN expand Saudi Arabia AI infrastructure
• Positive Sentiment: Analyst commentary also highlighted an earlier-than-expected enterprise technology refresh as a potential “second engine” for growth, complementing Cisco’s AI networking opportunity. Cisco’s second growth engine
• Neutral Sentiment: Cisco will meet investors at several September technology and financial conferences. These events could provide updates on enterprise demand, AI networking, margins and guidance, but no new financial outlook was announced. Cisco September investor events
• Negative Sentiment: Cisco disclosed that the China-linked “Fire Ant” group has targeted Cisco IOS XR routers and obtained persistent access to high-value network infrastructure. The espionage campaign raises concerns about customer network security, potential remediation costs and reputational damage to Cisco’s core routing business. Fire Ant router espionage and Cisco investors

Analysts Set New Price Targets

Several brokerages recently issued reports on CSCO. Rosenblatt Securities lifted their price target on shares of Cisco Systems from $150.00 to $165.00 and gave the company a “buy” rating in a report on Thursday, August 13th. Zacks Research cut shares of Cisco Systems from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 4th. CICC Research lifted their target price on shares of Cisco Systems from $96.00 to $125.00 and gave the company an “outperform” rating in a research note on Monday, May 18th. Barclays boosted their target price on Cisco Systems from $121.00 to $123.00 and gave the stock an “equal weight” rating in a report on Thursday, August 13th. Finally, Truist Financial increased their price target on Cisco Systems from $125.00 to $140.00 and gave the stock a “buy” rating in a research report on Thursday, August 13th. Two analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat, Cisco Systems presently has an average rating of “Moderate Buy” and an average target price of $129.68.

About Cisco Systems

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.