Cisco Systems (NASDAQ:CSCO) Shares Up 1.5% – Still a Buy?

Cisco Systems, Inc. (NASDAQ:CSCO) traded up 1.5% during mid-day trading on Thursday . The stock traded as high as $83.31 and last traded at $82.36. 24,161,569 shares changed hands during mid-day trading, an increase of 15% from the average session volume of 21,081,904 shares. The stock had previously closed at $81.16.

Analysts Set New Price Targets

Several brokerages have recently weighed in on CSCO. KeyCorp upped their target price on Cisco Systems from $77.00 to $87.00 and gave the stock an “overweight” rating in a research report on Thursday, November 13th. Argus boosted their price target on Cisco Systems from $80.00 to $100.00 in a research report on Thursday, November 13th. Rosenblatt Securities increased their price objective on shares of Cisco Systems from $87.00 to $100.00 and gave the company a “buy” rating in a research report on Thursday, November 13th. President Capital reduced their target price on shares of Cisco Systems from $90.00 to $88.00 in a research report on Wednesday, December 24th. Finally, Melius Research raised their price target on shares of Cisco Systems from $84.00 to $100.00 and gave the company a “buy” rating in a report on Thursday, November 13th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $90.38.

Cisco Systems Stock Performance

The company has a market capitalization of $325.41 billion, a price-to-earnings ratio of 30.96, a price-to-earnings-growth ratio of 3.14 and a beta of 0.87. The company’s fifty day simple moving average is $77.07 and its two-hundred day simple moving average is $72.41. 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 announced its quarterly earnings data on Wednesday, November 12th. The network equipment provider reported $1.00 earnings per share for the quarter, beating the consensus estimate 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 period in the previous year, the company 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. Equities research 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 declared a quarterly dividend, which was paid on Wednesday, January 21st. Stockholders of record on Friday, January 2nd were given a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date was Friday, January 2nd. Cisco Systems’s dividend payout ratio (DPR) is presently 61.65%.

Insiders Place Their Bets

In other news, insider Jeetendra I. Patel sold 163,896 shares of the stock in a transaction that occurred on Friday, November 14th. The stock was sold at an average price of $77.86, for a total transaction of $12,760,942.56. Following the sale, the insider directly owned 281,108 shares in the company, valued at approximately $21,887,068.88. This represents a 36.83% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Charles Robbins sold 281,860 shares of the business’s stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $78.35, for a total value of $22,083,731.00. Following the transaction, the chief executive officer owned 820,887 shares of the company’s stock, valued at $64,316,496.45. This represents a 25.56% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 1,044,865 shares of company stock worth $81,397,635. Corporate insiders own 0.01% of the company’s stock.

Hedge Funds Weigh In On Cisco Systems

Several hedge funds and other institutional investors have recently modified their holdings of CSCO. Bare Financial Services Inc boosted its position in shares of Cisco Systems by 531.0% during the second quarter. Bare Financial Services Inc now owns 366 shares of the network equipment provider’s stock worth $25,000 after buying an additional 308 shares during the period. Marquette Asset Management LLC bought a new stake in Cisco Systems during the 3rd quarter valued at $25,000. Financial Connections Group Inc. boosted its position in Cisco Systems by 89.4% during the 2nd quarter. Financial Connections Group Inc. now owns 409 shares of the network equipment provider’s stock worth $28,000 after acquiring an additional 193 shares during the period. Legacy Investment Solutions LLC bought a new position in shares of Cisco Systems in the second quarter worth $28,000. Finally, Lowe Wealth Advisors LLC increased its holdings in shares of Cisco Systems by 96.2% during the third quarter. Lowe Wealth Advisors LLC now owns 408 shares of the network equipment provider’s stock valued at $28,000 after purchasing an additional 200 shares during the period. Institutional investors and hedge funds own 73.33% of the company’s stock.

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.