Cisco Systems, Inc. $CSCO Shares Purchased by SBI Securities Co. Ltd.

SBI Securities Co. Ltd. increased its position in Cisco Systems, Inc. (NASDAQ:CSCO) by 18.2% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 33,843 shares of the network equipment provider’s stock after purchasing an additional 5,214 shares during the quarter. SBI Securities Co. Ltd.’s holdings in Cisco Systems were worth $3,643,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in CSCO. Halbert Hargrove Global Advisors LLC increased its stake in shares of Cisco Systems by 142.5% during the third 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 in the last quarter. Kings Path Partners LLC bought a new stake in shares of Cisco Systems in the 3rd quarter worth approximately $31,000. Blueline Advisors LLC purchased a new stake in shares of Cisco Systems in the 3rd quarter worth approximately $32,000. Networth Advisors LLC grew its stake in shares of Cisco Systems by 276.4% in the 1st quarter. Networth Advisors LLC now owns 335 shares of the network equipment provider’s stock worth $26,000 after buying an additional 246 shares during the last quarter. Finally, GK Wealth Management LLC bought a new position in Cisco Systems during the 3rd quarter valued at approximately $37,000. 73.33% of the stock is currently owned by institutional investors.

Cisco Systems Trading Up 1.5%

NASDAQ:CSCO opened at $106.50 on Friday. The stock has a market cap of $419.89 billion, a price-to-earnings ratio of 31.89, a PEG ratio of 2.18 and a beta of 0.99. The company has a quick ratio of 0.79, a current ratio of 0.93 and a debt-to-equity ratio of 0.39. The company’s 50 day moving average price is $110.18 and its 200-day moving average price is $109.86. Cisco Systems, Inc. has a 52 week low of $70.06 and a 52 week high of $130.37.

Cisco Systems (NASDAQ:CSCO) last announced its quarterly earnings data on Wednesday, August 12th. The network equipment provider reported $1.22 earnings per share for the quarter, topping analysts’ consensus estimates of $1.17 by $0.05. The company had revenue of $17.25 billion during the quarter, compared to analyst estimates of $16.84 billion. Cisco Systems had a net margin of 20.95% and a return on equity of 30.16%. The firm’s revenue for the quarter was up 17.6% on a year-over-year basis. During the same period in the previous year, the business earned $0.99 EPS. 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, equities research analysts forecast that Cisco Systems, Inc. will post 4.42 earnings per share for the current fiscal year.

Cisco Systems Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 21st. Shareholders of record on Friday, October 2nd were issued a $0.42 dividend. The ex-dividend date of this dividend was 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 (DPR) is presently 50.30%.

Analyst Ratings Changes

A number of brokerages have issued reports on CSCO. Wall Street Zen upgraded Cisco Systems from a “hold” rating to a “buy” rating in a research note on Sunday, October 11th. HSBC cut Cisco Systems from a “buy” rating to a “hold” rating and cut their target price for the stock from $137.00 to $120.00 in a research note on Friday, August 14th. Wells Fargo & Company raised their price target on Cisco Systems from $130.00 to $150.00 and gave the company an “overweight” rating in a report on Thursday, August 13th. Freedom Capital raised Cisco Systems from a “hold” rating to a “strong-buy” rating in a research report on Sunday, August 16th. Finally, Piper Sandler dropped their price target on shares of Cisco Systems from $132.00 to $125.00 and set a “neutral” rating on the stock in a research note on Tuesday, September 22nd. Three investment analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $128.52.

Insiders Place Their Bets

In other news, insider Jeetendra I. Patel sold 7,170 shares of the company’s stock in a transaction on Friday, August 14th. The stock was sold at an average price of $111.57, for a total transaction of $799,956.90. Following the transaction, the insider directly owned 230,593 shares of the company’s stock, valued at $25,727,261.01. This represents a 3.02% 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, CEO Charles Robbins sold 21,628 shares of the stock in a transaction on Friday, August 14th. The shares were sold at an average price of $111.54, for a total value of $2,412,387.12. Following the sale, the chief executive officer directly owned 602,710 shares in the company, valued at $67,226,273.40. This trade represents a 3.46% 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. In the last quarter, insiders have sold 44,869 shares of company stock worth $5,005,620. 0.01% of the stock is owned by corporate insiders.

Cisco Systems Profile

Cisco Systems, Inc is a global technology company that develops networking, cybersecurity, collaboration and observability solutions for businesses, government organizations and service providers. Its offerings include routers, switches, wireless networking equipment, data-center infrastructure, security software and services, as well as technologies that support cloud and hybrid IT environments.

The company also provides collaboration tools through its Webex portfolio, cloud-managed networking through Cisco Meraki and security and observability capabilities that include technologies from Splunk, which Cisco acquired in 2024.