Lingohr Asset Management GmbH Takes $646,000 Position in Cisco Systems, Inc. $CSCO

Lingohr Asset Management GmbH bought a new stake in Cisco Systems, Inc. (NASDAQ:CSCO) in the third quarter, Holdings Channel reports. The institutional investor bought 9,500 shares of the network equipment provider’s stock, valued at approximately $646,000.

Other hedge funds have also modified their holdings of the company. Avantax Advisory Services Inc. lifted its holdings in shares of Cisco Systems by 1.1% in the second quarter. Avantax Advisory Services Inc. now owns 420,336 shares of the network equipment provider’s stock valued at $29,163,000 after purchasing an additional 4,525 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its stake in Cisco Systems by 6.9% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,189,645 shares of the network equipment provider’s stock valued at $218,236,000 after purchasing an additional 205,043 shares in the last quarter. Greystone Financial Group LLC acquired a new stake in Cisco Systems during the third quarter valued at approximately $8,563,000. Drive Wealth Management LLC boosted its stake in Cisco Systems by 2.7% in the second quarter. Drive Wealth Management LLC now owns 16,605 shares of the network equipment provider’s stock valued at $1,152,000 after acquiring an additional 436 shares during the period. Finally, CX Institutional grew its position in Cisco Systems by 11.0% in the 3rd quarter. CX Institutional now owns 144,336 shares of the network equipment provider’s stock worth $9,875,000 after purchasing an additional 14,334 shares during the last quarter. 73.33% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Cisco Systems

In related news, Director Michael D. Capellas sold 10,850 shares of the firm’s stock in a transaction on Friday, December 19th. The stock was sold at an average price of $77.13, for a total value of $836,860.50. Following the transaction, the director owned 146,368 shares in the company, valued at approximately $11,289,363.84. This trade represents a 6.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Charles Robbins sold 116,734 shares of the company’s stock in a transaction that occurred on Tuesday, November 18th. The stock was sold at an average price of $77.30, for a total transaction of $9,023,538.20. Following the sale, the chief executive officer directly owned 704,153 shares of the company’s stock, valued at approximately $54,431,026.90. This trade represents a 14.22% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 1,044,865 shares of company stock worth $81,397,635 in the last quarter. 0.01% of the stock is currently owned by corporate insiders.

Cisco Systems Stock Performance

Shares of NASDAQ CSCO opened at $78.32 on Friday. Cisco Systems, Inc. has a 52 week low of $52.11 and a 52 week high of $80.82. The stock has a market capitalization of $309.45 billion, a PE ratio of 29.44, a price-to-earnings-growth ratio of 2.97 and a beta of 0.87. The stock has a 50 day moving average price of $76.75 and a 200 day moving average price of $72.08. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.83 and a current ratio of 0.93.

Cisco Systems (NASDAQ:CSCO) last released its quarterly earnings data on Wednesday, November 12th. The network equipment provider reported $1.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.98 by $0.02. Cisco Systems had a return on equity of 27.29% and a net margin of 18.38%.The firm had revenue of $14.88 billion for the quarter, compared to analyst estimates of $14.77 billion. During the same quarter in the prior year, the company earned $0.91 earnings per share. The business’s revenue for the quarter was up 7.5% compared to the same quarter last year. Cisco Systems has set its FY 2026 guidance at 4.080-4.140 EPS and its Q2 2026 guidance at 1.010-1.030 EPS. Analysts predict that Cisco Systems, Inc. will post 3.04 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, January 21st. Stockholders of record on Friday, January 2nd were issued a dividend of $0.41 per share. The ex-dividend date of this dividend was Friday, January 2nd. This represents a $1.64 annualized dividend and a dividend yield of 2.1%. Cisco Systems’s dividend payout ratio (DPR) is currently 61.65%.

Wall Street Analyst Weigh In

CSCO has been the topic of several research reports. Citigroup boosted their price target on shares of Cisco Systems from $80.00 to $85.00 and gave the stock a “buy” rating in a research report on Thursday, November 13th. Wells Fargo & Company boosted their price objective on shares of Cisco Systems from $83.00 to $95.00 and gave the stock an “overweight” rating in a report on Thursday, November 13th. JPMorgan Chase & Co. raised their price target on shares of Cisco Systems from $80.00 to $90.00 and gave the stock an “overweight” rating in a research note on Thursday, November 13th. Citic Securities raised their price target on Cisco Systems from $75.00 to $90.00 in a report on Monday, November 17th. Finally, Melius Research lifted their price objective on Cisco Systems from $84.00 to $100.00 and gave the stock a “buy” rating in a research report on Thursday, November 13th. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat.com, Cisco Systems has an average rating of “Moderate Buy” and a consensus target price of $86.81.

Cisco Systems Company Profile

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.