Greenwood Capital Associates LLC Boosts Stake in Cisco Systems, Inc. $CSCO

Greenwood Capital Associates LLC lifted its position in Cisco Systems, Inc. (NASDAQ:CSCO) by 27.6% in the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 114,481 shares of the network equipment provider’s stock after acquiring an additional 24,777 shares during the period. Greenwood Capital Associates LLC’s holdings in Cisco Systems were worth $7,833,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in CSCO. Norges Bank purchased a new position in Cisco Systems during the second quarter valued at $3,816,825,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its position in Cisco Systems by 413.3% during the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 22,393,371 shares of the network equipment provider’s stock valued at $1,553,645,000 after acquiring an additional 18,030,441 shares during the period. Kingstone Capital Partners Texas LLC bought a new stake in Cisco Systems during the second quarter worth about $904,542,000. Franklin Resources Inc. grew its holdings in Cisco Systems by 46.2% in the second quarter. Franklin Resources Inc. now owns 40,836,858 shares of the network equipment provider’s stock worth $2,833,261,000 after purchasing an additional 12,904,969 shares during the period. Finally, Laurel Wealth Advisors LLC increased its stake in shares of Cisco Systems by 6,778.2% during the second quarter. Laurel Wealth Advisors LLC now owns 6,810,012 shares of the network equipment provider’s stock valued at $472,479,000 after purchasing an additional 6,711,004 shares in the last quarter. 73.33% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research firms recently weighed in on CSCO. Erste Group Bank upgraded Cisco Systems from a “hold” rating to a “buy” rating in a research note on Monday, November 10th. President Capital cut their target price on Cisco Systems from $90.00 to $88.00 in a research note on Wednesday. KeyCorp raised their price target on Cisco Systems from $77.00 to $87.00 and gave the company an “overweight” rating in a report on Thursday, November 13th. Argus upped their price target on shares of Cisco Systems from $80.00 to $100.00 in a research note on Thursday, November 13th. Finally, Piper Sandler lifted their target price on shares of Cisco Systems from $70.00 to $86.00 and gave the stock a “neutral” rating in a report on Thursday, November 13th. Seventeen investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat, Cisco Systems presently has an average rating of “Moderate Buy” and a consensus price target of $84.70.

Insider Activity

In other news, EVP Thimaya K. Subaiya sold 56,038 shares of the firm’s stock in a transaction on Wednesday, November 19th. The stock was sold at an average price of $78.33, for a total value 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 transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Jeetendra I. Patel sold 163,896 shares of the firm’s stock in a transaction dated Friday, November 14th. The stock was sold at an average price of $77.86, for a total value of $12,760,942.56. Following the completion of the transaction, the insider directly owned 281,108 shares in the company, valued at $21,887,068.88. The trade was a 36.83% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 1,044,865 shares of company stock worth $81,397,635. Insiders own 0.01% of the company’s stock.

Cisco Systems Price Performance

Shares of NASDAQ:CSCO opened at $78.16 on Friday. Cisco Systems, Inc. has a fifty-two week low of $52.11 and a fifty-two week high of $80.82. The business has a 50-day simple moving average of $75.51 and a two-hundred day simple moving average of $70.63. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.83 and a current ratio of 0.93. The firm has a market cap of $308.82 billion, a price-to-earnings ratio of 29.38, a price-to-earnings-growth ratio of 2.95 and a beta of 0.87.

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. Cisco Systems had a net margin of 18.38% and a return on equity of 27.29%. The firm had revenue of $14.88 billion for the quarter, compared to the consensus estimate of $14.77 billion. During the same quarter last year, the firm posted $0.91 EPS. The business’s quarterly revenue 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. On average, analysts expect that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.

Cisco Systems Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 21st. Shareholders 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 dividend on an annualized basis and a yield of 2.1%. Cisco Systems’s payout ratio is currently 61.65%.

Cisco Systems 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.