Natixis Boosts Holdings in Cisco Systems, Inc. $CSCO

Natixis lifted its stake in Cisco Systems, Inc. (NASDAQ:CSCO) by 22.8% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,623,015 shares of the network equipment provider’s stock after buying an additional 671,921 shares during the quarter. Cisco Systems makes up about 1.1% of Natixis’ investment portfolio, making the stock its 13th largest position. Natixis owned about 0.09% of Cisco Systems worth $251,365,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of CSCO. Avantax Advisory Services Inc. increased its holdings in shares of Cisco Systems by 1.1% in the 2nd quarter. Avantax Advisory Services Inc. now owns 420,336 shares of the network equipment provider’s stock worth $29,163,000 after buying an additional 4,525 shares during the last quarter. Drive Wealth Management LLC lifted its stake in shares of Cisco Systems by 2.7% in the 2nd quarter. Drive Wealth Management LLC now owns 16,605 shares of the network equipment provider’s stock valued at $1,152,000 after purchasing an additional 436 shares during the last quarter. Shell Asset Management Co. boosted its holdings in shares of Cisco Systems by 53.3% in the 2nd quarter. Shell Asset Management Co. now owns 77,234 shares of the network equipment provider’s stock worth $5,358,000 after purchasing an additional 26,840 shares during the period. Guinness Asset Management LTD increased its position in shares of Cisco Systems by 15.9% during the 2nd quarter. Guinness Asset Management LTD now owns 4,389,728 shares of the network equipment provider’s stock valued at $304,451,000 after purchasing an additional 603,131 shares during the last quarter. Finally, Geode Capital Management LLC raised its holdings in Cisco Systems by 1.2% during the 2nd quarter. Geode Capital Management LLC now owns 99,252,395 shares of the network equipment provider’s stock valued at $6,864,058,000 after buying an additional 1,157,704 shares during the period. 73.33% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have commented on CSCO shares. Citigroup lifted their price objective on shares of Cisco Systems from $80.00 to $85.00 and gave the stock a “buy” rating in a research note on Thursday, November 13th. KeyCorp lifted their price target on shares of Cisco Systems from $77.00 to $87.00 and gave the stock an “overweight” rating in a research note on Thursday, November 13th. BNP Paribas Exane upped their price target on shares of Cisco Systems from $76.00 to $86.00 and gave the company an “outperform” rating in a report on Thursday, November 13th. Rosenblatt Securities raised their price objective on shares of Cisco Systems from $87.00 to $100.00 and gave the stock a “buy” rating in a research note on Thursday, November 13th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Cisco Systems in a research report on Thursday, October 30th. Seventeen research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $84.14.

Cisco Systems Price Performance

Shares of CSCO stock opened at $77.97 on Monday. The company has a market capitalization of $308.07 billion, a P/E ratio of 29.31, a P/E/G ratio of 2.94 and a beta of 0.87. The company’s 50-day simple moving average is $72.68 and its two-hundred day simple moving average is $69.22. Cisco Systems, Inc. has a one year low of $52.11 and a one year high of $80.06. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.93 and a quick ratio of 0.83.

Cisco Systems (NASDAQ:CSCO) last announced its quarterly earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.98 by $0.02. The firm had revenue of $14.88 billion during the quarter, compared to analyst estimates of $14.77 billion. Cisco Systems had a return on equity of 27.29% and a net margin of 18.38%.Cisco Systems’s quarterly revenue was up 7.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.91 earnings per share. 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. As a group, equities analysts anticipate that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 21st. Stockholders of record on Friday, January 2nd will be paid a dividend of $0.41 per share. The ex-dividend date is 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%.

Insider Transactions at Cisco Systems

In related news, EVP Deborah L. Stahlkopf sold 164,584 shares of the company’s stock in a transaction dated Friday, November 14th. The shares were sold at an average price of $77.85, for a total value of $12,812,864.40. Following the completion of the sale, the executive vice president directly owned 196,738 shares of the company’s stock, valued at $15,316,053.30. This represents a 45.55% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Thimaya K. Subaiya sold 56,038 shares of the firm’s stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $78.33, for a total transaction of $4,389,456.54. Following the transaction, the executive vice president directly owned 179,780 shares in the company, valued at $14,082,167.40. This trade represents a 23.76% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 1,024,627 shares of company stock valued at $79,621,482 over the last three months. 0.01% of the stock is currently owned by corporate insiders.

About Cisco Systems

Cisco Systems, Inc designs, manufactures, and sells Internet Protocol based networking and other products related to the communications and information technology industry in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and China. The company also offers switching portfolio encompasses campus switching as well as data center switching; enterprise routing portfolio interconnects public and private wireline and mobile networks, delivering highly secure, and reliable connectivity to campus, data center and branch networks; wireless products include wireless access points and controllers; and compute portfolio including the cisco unified computing system, hyperflex, and software management capabilities, which combine computing, networking, and storage infrastructure management and virtualization.