Cisco Systems, Inc. $CSCO Shares Acquired by NTV Asset Management LLC

NTV Asset Management LLC grew its stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 10.8% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 84,951 shares of the network equipment provider’s stock after acquiring an additional 8,255 shares during the period. Cisco Systems comprises 0.8% of NTV Asset Management LLC’s portfolio, making the stock its 29th biggest holding. NTV Asset Management LLC’s holdings in Cisco Systems were worth $9,143,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Networth Advisors LLC grew its stake in Cisco Systems by 276.4% during the first quarter. Networth Advisors LLC now owns 335 shares of the network equipment provider’s stock valued at $26,000 after acquiring an additional 246 shares in the last quarter. Financial Life Planners purchased a new stake in Cisco Systems in the 1st quarter worth approximately $27,000. Manning & Napier Advisors LLC lifted its stake in Cisco Systems by 137.0% in the 1st quarter. Manning & Napier Advisors LLC now owns 346 shares of the network equipment provider’s stock worth $27,000 after purchasing an additional 200 shares in the last quarter. Halbert Hargrove Global Advisors LLC boosted its holdings in Cisco Systems by 142.5% in the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 257 shares of the network equipment provider’s stock valued at $28,000 after purchasing an additional 151 shares during the period. Finally, Kings Path Partners LLC bought a new position in Cisco Systems in the 3rd quarter valued at $31,000. 73.33% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms have recently commented on CSCO. Rosenblatt Securities boosted their price target on shares of Cisco Systems from $150.00 to $165.00 and gave the company a “buy” rating in a research report on Thursday, August 13th. Deutsche Bank Aktiengesellschaft initiated coverage on Cisco Systems in a research report on Tuesday, September 1st. They issued a “buy” rating and a $135.00 price objective on the stock. Freedom Capital raised Cisco Systems from a “hold” rating to a “strong-buy” rating in a research note on Sunday, August 16th. Piper Sandler reduced their target price on Cisco Systems from $132.00 to $125.00 and set a “neutral” rating for the company in a research report on Tuesday, September 22nd. Finally, Sanford C. Bernstein assumed coverage on Cisco Systems in a research note on Wednesday, September 30th. They issued a “market perform” rating and a $110.00 target price on the stock. Three analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $128.52.

Insider Transactions at Cisco Systems

In related news, EVP Deborah L. Stahlkopf sold 6,487 shares of the firm’s stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $111.53, for a total transaction of $723,495.11. Following the transaction, the executive vice president directly owned 167,116 shares of the company’s stock, valued at approximately $18,638,447.48. This trade represents a 3.74% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Thimaya K. Subaiya sold 5,832 shares of the business’s stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $111.47, for a total value of $650,093.04. Following the completion of the sale, the executive vice president owned 128,382 shares of the company’s stock, valued at $14,310,741.54. The trade was a 4.35% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 44,869 shares of company stock worth $5,005,620. Company insiders own 0.01% of the company’s stock.

Cisco Systems Stock Performance

Cisco Systems stock opened at $106.50 on Friday. Cisco Systems, Inc. has a fifty-two week low of $70.06 and a fifty-two week high of $130.37. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.79 and a current ratio of 0.93. The stock has a market cap of $419.89 billion, a P/E ratio of 31.89, a price-to-earnings-growth ratio of 2.22 and a beta of 0.99. The firm’s fifty day moving average price is $110.18 and its 200-day moving average price is $109.86.

Cisco Systems (NASDAQ:CSCO) last announced its earnings results on Wednesday, August 12th. The network equipment provider reported $1.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.17 by $0.05. The company had revenue of $17.25 billion during the quarter, compared to analyst estimates of $16.84 billion. Cisco Systems had a net margin of 20.95% and a return on equity of 30.16%. The firm’s quarterly revenue was up 17.6% compared to the same quarter last year. During the same period in the previous year, the business earned $0.99 earnings per share. 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. On average, equities research analysts expect that Cisco Systems, Inc. will post 4.42 earnings per share for the current fiscal year.

Cisco Systems Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 21st. Shareholders of record on Friday, October 2nd were paid a dividend of $0.42 per share. The ex-dividend date of this dividend was Friday, October 2nd. This represents a $1.68 annualized dividend and a yield of 1.6%. Cisco Systems’s payout ratio is 50.30%.

Cisco Systems Profile

Cisco Systems, Inc is a global technology company that develops networking, cybersecurity, collaboration and observability solutions for businesses, government organizations and service providers. Its offerings include routers, switches, wireless networking equipment, data-center infrastructure, security software and services, as well as technologies that support cloud and hybrid IT environments.

The company also provides collaboration tools through its Webex portfolio, cloud-managed networking through Cisco Meraki and security and observability capabilities that include technologies from Splunk, which Cisco acquired in 2024.