30,405 Cisco Systems, Inc. $CSCO Shares Purchased by State of Alaska Department of Revenue

State of Alaska Department of Revenue increased its position in Cisco Systems, Inc. (NASDAQ:CSCO) by 6.1% in the third quarter, HoldingsChannel.com reports. The fund owned 532,834 shares of the network equipment provider’s stock after buying an additional 30,405 shares during the period. Cisco Systems comprises approximately 0.6% of State of Alaska Department of Revenue’s investment portfolio, making the stock its 28th biggest holding. State of Alaska Department of Revenue’s holdings in Cisco Systems were worth $59,245,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Charles Schwab Trust Co lifted its position in Cisco Systems by 4.5% during the 3rd quarter. Charles Schwab Trust Co now owns 10,913 shares of the network equipment provider’s stock worth $1,175,000 after acquiring an additional 474 shares during the period. Turtle Creek Wealth Advisors LLC grew its stake in Cisco Systems by 11.7% during the 3rd quarter. Turtle Creek Wealth Advisors LLC now owns 34,501 shares of the network equipment provider’s stock valued at $3,832,000 after purchasing an additional 3,620 shares during the last quarter. WealthPlan Investment Management LLC increased its holdings in shares of Cisco Systems by 17.5% in the third quarter. WealthPlan Investment Management LLC now owns 29,095 shares of the network equipment provider’s stock valued at $3,131,000 after purchasing an additional 4,342 shares during the period. Purus Wealth Management LLC increased its holdings in shares of Cisco Systems by 11.1% in the third quarter. Purus Wealth Management LLC now owns 2,832 shares of the network equipment provider’s stock valued at $305,000 after purchasing an additional 282 shares during the period. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors raised its stake in shares of Cisco Systems by 39.3% in the third quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 4,809 shares of the network equipment provider’s stock worth $518,000 after purchasing an additional 1,356 shares during the last quarter. Hedge funds and other institutional investors own 73.33% of the company’s stock.

Cisco Systems Trading Down 3.3%

Shares of NASDAQ:CSCO opened at $109.85 on Friday. Cisco Systems, Inc. has a 12-month low of $68.57 and a 12-month high of $130.37. The company has a market capitalization of $433.09 billion, a PE ratio of 32.89, a PEG ratio of 2.37 and a beta of 0.99. The business has a 50 day moving average of $111.66 and a two-hundred day moving average of $108.88. The company has a current ratio of 0.93, a quick ratio of 0.79 and a debt-to-equity ratio of 0.39.

Cisco Systems (NASDAQ:CSCO) last issued its quarterly earnings data on Wednesday, August 12th. The network equipment provider reported $1.22 EPS for the quarter, topping analysts’ consensus estimates of $1.17 by $0.05. The business had revenue of $17.25 billion for the quarter, compared to analysts’ expectations of $16.84 billion. Cisco Systems had a net margin of 20.95% and a return on equity of 30.16%. The business’s revenue was up 17.6% on a year-over-year basis. During the same quarter last year, the company earned $0.99 EPS. Cisco Systems has set its FY 2027 guidance at 5.050-5.110 EPS and its Q1 2027 guidance at 1.320-1.340 EPS. As a group, analysts forecast that Cisco Systems, Inc. will post 4.42 EPS for the current year.

Cisco Systems Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 21st. Investors of record on Friday, October 2nd will be issued a dividend of $0.42 per share. The ex-dividend date of this dividend is Friday, October 2nd. This represents a $1.68 dividend on an annualized basis and a yield of 1.5%. Cisco Systems’s dividend payout ratio is 50.30%.

Insider Activity

In other Cisco Systems news, EVP Deborah L. Stahlkopf sold 6,487 shares of Cisco Systems stock in a transaction on Friday, August 14th. The shares were sold at an average price of $111.53, for a total value of $723,495.11. Following the completion of the transaction, the executive vice president owned 167,116 shares of the company’s stock, valued at approximately $18,638,447.48. The trade was a 3.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Charles Robbins sold 21,628 shares of the company’s stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $111.54, for a total transaction of $2,412,387.12. Following the completion of the transaction, the chief executive officer owned 602,710 shares of the company’s stock, valued at approximately $67,226,273.40. This trade represents a 3.46% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 44,869 shares of company stock valued at $5,005,620 in the last three months. Corporate insiders own 0.01% of the company’s stock.

More Cisco Systems News

Here are the key news stories impacting Cisco Systems this week:

• Positive Sentiment: Cisco reported 17.6% year-over-year sales growth for the quarter ended July 2026, its fastest quarterly growth in roughly a decade. The result reinforces the potential benefit from AI infrastructure spending, networking upgrades and cybersecurity demand. How Rare Is Cisco’s Record Sales Growth?
• Positive Sentiment: An investment article identified Cisco as a potential value opportunity in an expensive broader market, which may support interest from investors seeking established businesses with durable cash flows and shareholder returns. Cisco Stock And 2 Value Plays For An Overvalued Market
• Positive Sentiment: Cisco was highlighted among companies that reward long-term investors through reliable dividends, supporting the stock’s appeal to income-oriented shareholders. Procter & Gamble Has Raised Its Dividend for 70 Years
• Neutral Sentiment: Cisco confirmed a multimillion-dollar donation to the planned White House ballroom. The contribution does not change operating fundamentals but could attract political or reputational scrutiny. Nvidia and Cisco confirm multimillion-dollar donations
• Neutral Sentiment: Fiscal-2026 net income rose 30% to $13.3 billion, but operating cash flow remained near $14.2 billion. Unrealized investment gains boosted earnings without producing operating cash, leaving investors focused on whether AI and cybersecurity growth can translate into sustained cash generation. Cisco Earnings Recovery and Cash Growth
• Negative Sentiment: Recent coverage attributed Cisco’s underperformance to valuation concerns and profit-taking. GuruFocus also characterized the shares as still overvalued, which may be limiting upside after the stock’s strong run toward its 52-week high. Cisco Shares Fall; GF Value Says Still Overvalued

Analysts Set New Price Targets

A number of equities research analysts recently commented on the company. Deutsche Bank Aktiengesellschaft started coverage on Cisco Systems in a report on Tuesday, September 1st. They set a “buy” rating and a $135.00 target price for the company. Sanford C. Bernstein began coverage on shares of Cisco Systems in a report on Wednesday, September 30th. They issued a “market perform” rating and a $110.00 price target on the stock. Morgan Stanley lifted their price objective on shares of Cisco Systems from $130.00 to $135.00 and gave the company an “overweight” rating in a research note on Thursday, August 13th. Wall Street Zen raised shares of Cisco Systems from a “hold” rating to a “buy” rating in a report on Sunday, October 11th. Finally, Truist Financial increased their price objective on shares of Cisco Systems from $125.00 to $140.00 and gave the stock a “buy” rating in a research note on Thursday, August 13th. Three research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $128.52.

Cisco Systems Profile

Cisco Systems, Inc is a global technology company that develops networking, cybersecurity, collaboration, observability and data center solutions. Its products and services help businesses, governments, educational institutions and other organizations connect users and devices, manage infrastructure, protect digital environments and support cloud-based operations.

Cisco’s portfolio includes routers and switches, wireless networking equipment, network management software, firewalls, identity and access tools, endpoint security products, collaboration applications and observability platforms.