Cisco Systems, Inc. $CSCO Shares Acquired by OVERSEA CHINESE BANKING Corp Ltd

OVERSEA CHINESE BANKING Corp Ltd increased its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 67.5% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 29,661 shares of the network equipment provider’s stock after purchasing an additional 11,948 shares during the quarter. OVERSEA CHINESE BANKING Corp Ltd’s holdings in Cisco Systems were worth $2,029,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of CSCO. Brighton Jones LLC raised its stake in shares of Cisco Systems by 49.5% in the 4th quarter. Brighton Jones LLC now owns 74,187 shares of the network equipment provider’s stock valued at $4,392,000 after acquiring an additional 24,562 shares during the period. Revolve Wealth Partners LLC lifted its stake in shares of Cisco Systems by 37.0% during the fourth quarter. Revolve Wealth Partners LLC now owns 9,156 shares of the network equipment provider’s stock worth $542,000 after purchasing an additional 2,474 shares in the last quarter. Balefire LLC acquired a new position in shares of Cisco Systems during the second quarter worth about $381,000. Breakwater Capital Group boosted its position in shares of Cisco Systems by 6.0% in the second quarter. Breakwater Capital Group now owns 11,045 shares of the network equipment provider’s stock worth $766,000 after buying an additional 623 shares during the period. Finally, Sapient Capital LLC grew its stake in shares of Cisco Systems by 0.6% in the second quarter. Sapient Capital LLC now owns 24,957 shares of the network equipment provider’s stock valued at $1,732,000 after buying an additional 160 shares in the last quarter. 73.33% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Cisco Systems

In related news, CEO Charles Robbins sold 116,734 shares of Cisco Systems stock in a transaction 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 completion of the sale, the chief executive officer 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Thimaya K. Subaiya sold 1,745 shares of the business’s stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $79.46, for a total value of $138,657.70. Following the completion of the sale, the executive vice president directly owned 176,319 shares of the company’s stock, valued at approximately $14,010,307.74. The trade was a 0.98% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 1,044,865 shares of company stock worth $81,397,635. 0.01% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

CSCO has been the subject of several research analyst reports. Melius Research increased their target price on Cisco Systems from $84.00 to $100.00 and gave the company a “buy” rating in a research note on Thursday, November 13th. Piper Sandler raised 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. Wall Street Zen downgraded Cisco Systems from a “buy” rating to a “hold” rating in a research note on Saturday, November 22nd. Morgan Stanley increased their price target on Cisco Systems from $82.00 to $91.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 17th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Cisco Systems in a research report on Thursday, October 30th. Sixteen investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat, Cisco Systems presently has an average rating of “Moderate Buy” and a consensus price target of $85.23.

Cisco Systems Stock Performance

Shares of CSCO stock opened at $75.19 on Friday. The company has a market capitalization of $297.10 billion, a price-to-earnings ratio of 28.27, a P/E/G ratio of 2.81 and a beta of 0.87. Cisco Systems, Inc. has a 1-year low of $52.11 and a 1-year high of $80.82. The company has a current ratio of 0.93, a quick ratio of 0.83 and a debt-to-equity ratio of 0.46. The stock’s fifty day simple moving average is $76.58 and its 200-day simple moving average is $71.53.

Cisco Systems (NASDAQ:CSCO) last announced its quarterly earnings data on Wednesday, November 12th. The network equipment provider reported $1.00 EPS for the quarter, topping 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%.The business’s quarterly revenue was up 7.5% compared to the same quarter last year. During the same period last year, the company posted $0.91 EPS. 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, sell-side analysts predict that Cisco Systems, Inc. will post 3.04 earnings per share for the current fiscal 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 given a $0.41 dividend. The ex-dividend date is Friday, January 2nd. This represents a $1.64 dividend on an annualized basis and a yield of 2.2%. Cisco Systems’s dividend payout ratio is presently 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.