Mn Services Vermogensbeheer B.V. Has $103.31 Million Position in Cisco Systems, Inc. $CSCO

Mn Services Vermogensbeheer B.V. increased its position in Cisco Systems, Inc. (NASDAQ:CSCOFree Report) by 1.5% during the third quarter, HoldingsChannel reports. The institutional investor owned 1,509,891 shares of the network equipment provider’s stock after acquiring an additional 22,700 shares during the period. Cisco Systems comprises 0.7% of Mn Services Vermogensbeheer B.V.’s investment portfolio, making the stock its 22nd biggest position. Mn Services Vermogensbeheer B.V.’s holdings in Cisco Systems were worth $103,307,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. Bare Financial Services Inc grew its stake in Cisco Systems by 531.0% in the 2nd quarter. Bare Financial Services Inc now owns 366 shares of the network equipment provider’s stock valued at $25,000 after buying an additional 308 shares during the last quarter. Marquette Asset Management LLC acquired a new stake in shares of Cisco Systems during the 3rd quarter worth approximately $25,000. Legacy Investment Solutions LLC bought a new stake in Cisco Systems in the 2nd quarter valued at $28,000. Lowe Wealth Advisors LLC increased its stake in Cisco Systems by 96.2% in the third quarter. Lowe Wealth Advisors LLC now owns 408 shares of the network equipment provider’s stock valued at $28,000 after acquiring an additional 200 shares during the period. Finally, Financial Connections Group Inc. grew its stake in shares of Cisco Systems by 89.4% in the 2nd quarter. Financial Connections Group Inc. now owns 409 shares of the network equipment provider’s stock valued at $28,000 after purchasing an additional 193 shares during the period. 73.33% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, insider Jeetendra I. Patel sold 163,896 shares of Cisco Systems stock in a transaction on Friday, November 14th. The shares were sold at an average price of $77.86, for a total transaction of $12,760,942.56. Following the transaction, the insider owned 281,108 shares in the company, valued at approximately $21,887,068.88. The trade was a 36.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Thimaya K. Subaiya sold 56,038 shares of the business’s stock in a transaction that occurred on Wednesday, November 19th. The stock was sold at an average price of $78.33, for a total transaction of $4,389,456.54. Following the completion of the transaction, the executive vice president owned 179,780 shares in the company, valued at $14,082,167.40. This trade represents a 23.76% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,044,865 shares of company stock worth $81,397,635 over the last quarter. 0.01% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on CSCO. CICC Research lifted their target price on shares of Cisco Systems from $78.00 to $84.00 and gave the company an “outperform” rating in a research note on Friday, November 14th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Cisco Systems in a research note on Thursday, October 30th. Morgan Stanley upped their price target on Cisco Systems from $82.00 to $91.00 and gave the company an “overweight” rating in a research note on Wednesday, December 17th. Citic Securities raised their price objective on Cisco Systems from $75.00 to $90.00 in a research note on Monday, November 17th. Finally, Piper Sandler upped their price target on shares of Cisco Systems from $70.00 to $86.00 and gave the company a “neutral” rating in a report on Thursday, November 13th. Fifteen research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $85.86.

View Our Latest Stock Analysis on Cisco Systems

Cisco Systems Trading Up 0.3%

Shares of CSCO stock opened at $74.59 on Friday. The firm has a 50 day moving average price of $76.62 and a two-hundred day moving average price of $71.74. The company has a market capitalization of $294.71 billion, a PE ratio of 28.04, a price-to-earnings-growth ratio of 2.81 and a beta of 0.87. Cisco Systems, Inc. has a 12-month low of $52.11 and a 12-month high of $80.82. The company has a quick ratio of 0.83, a current ratio of 0.93 and a debt-to-equity ratio of 0.46.

Cisco Systems (NASDAQ:CSCOGet Free Report) last announced its earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.98 by $0.02. The firm had revenue of $14.88 billion for the quarter, compared to analyst estimates of $14.77 billion. Cisco Systems had a net margin of 18.38% and a return on equity of 27.29%. The business’s revenue was up 7.5% compared to the same quarter last year. During the same quarter in the prior year, the business 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. As a group, analysts predict that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.

Cisco Systems Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 21st. Shareholders of record on Friday, January 2nd were given a $0.41 dividend. The ex-dividend date was Friday, January 2nd. This represents a $1.64 annualized dividend and a yield of 2.2%. Cisco Systems’s dividend payout ratio (DPR) is currently 61.65%.

About Cisco Systems

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding CSCO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cisco Systems, Inc. (NASDAQ:CSCOFree Report).

Institutional Ownership by Quarter for Cisco Systems (NASDAQ:CSCO)

Receive News & Ratings for Cisco Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cisco Systems and related companies with MarketBeat.com's FREE daily email newsletter.