Cisco Systems, Inc. $CSCO Shares Bought by Candriam S.C.A.

Candriam S.C.A. lifted its position in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 19.7% in the second quarter, Holdings Channel reports. The firm owned 1,280,687 shares of the network equipment provider’s stock after purchasing an additional 210,899 shares during the period. Candriam S.C.A.’s holdings in Cisco Systems were worth $88,858,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of CSCO. Kingstone Capital Partners Texas LLC purchased a new stake in Cisco Systems during the 2nd quarter worth $904,542,000. Goldman Sachs Group Inc. lifted its stake in Cisco Systems by 37.4% during the first quarter. Goldman Sachs Group Inc. now owns 46,973,293 shares of the network equipment provider’s stock valued at $2,898,722,000 after purchasing an additional 12,775,066 shares during the last quarter. Nuveen LLC bought a new stake in Cisco Systems during the first quarter worth approximately $750,495,000. Pacer Advisors Inc. grew its position in Cisco Systems by 1,144.2% in the first quarter. Pacer Advisors Inc. now owns 8,120,886 shares of the network equipment provider’s stock worth $501,140,000 after buying an additional 7,468,212 shares during the last quarter. Finally, Acadian Asset Management LLC increased its holdings in shares of Cisco Systems by 255.9% in the first quarter. Acadian Asset Management LLC now owns 7,819,547 shares of the network equipment provider’s stock valued at $482,509,000 after buying an additional 5,622,672 shares in the last quarter. Hedge funds and other institutional investors own 73.33% of the company’s stock.

Cisco Systems Trading Up 3.1%

NASDAQ:CSCO opened at $73.96 on Thursday. The business’s 50-day simple moving average is $69.46 and its 200-day simple moving average is $67.20. Cisco Systems, Inc. has a fifty-two week low of $52.11 and a fifty-two week high of $74.84. The stock has a market capitalization of $291.46 billion, a PE ratio of 28.23, a price-to-earnings-growth ratio of 3.00 and a beta of 0.95. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.00 and a quick ratio of 0.91.

Cisco Systems (NASDAQ:CSCO) last released its earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 EPS for the quarter, beating the consensus estimate of $0.98 by $0.02. The firm had revenue of $14.88 billion for the quarter, compared to analysts’ expectations of $14.77 billion. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The business’s quarterly revenue was up 7.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.91 EPS. Cisco Systems has set its FY 2026 guidance at 4.080-4.140 EPS. Q2 2026 guidance at 1.010-1.030 EPS. Sell-side analysts expect that Cisco Systems, Inc. will post 3.04 earnings per share for the current fiscal year.

Cisco Systems Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 21st. Investors of record on Friday, January 2nd will be issued a dividend of $0.41 per share. The ex-dividend date of this dividend is Friday, January 2nd. This represents a $1.64 annualized dividend and a dividend yield of 2.2%. Cisco Systems’s payout ratio is 62.60%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the company. UBS Group raised Cisco Systems from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $74.00 to $88.00 in a research report on Monday, November 3rd. Evercore ISI lifted their price objective on shares of Cisco Systems from $72.00 to $74.00 and gave the stock an “in-line” rating in a research report on Thursday, August 14th. Hsbc Global Res downgraded Cisco Systems from a “strong-buy” rating to a “hold” rating in a report on Friday, August 15th. Weiss Ratings reiterated a “buy (b)” rating on shares of Cisco Systems in a research note on Thursday, October 30th. Finally, Piper Sandler lifted their target price on shares of Cisco Systems from $64.00 to $70.00 and gave the company a “neutral” rating in a research note on Thursday, August 14th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Cisco Systems has a consensus rating of “Moderate Buy” and an average target price of $75.50.

Insiders Place Their Bets

In other Cisco Systems news, EVP Oliver Tuszik sold 17,526 shares of the stock in a transaction that occurred on Friday, September 19th. The shares were sold at an average price of $67.95, for a total transaction of $1,190,891.70. Following the completion of the sale, the executive vice president owned 198,855 shares of the company’s stock, valued at approximately $13,512,197.25. This represents a 8.10% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Thimaya K. Subaiya sold 7,511 shares of the firm’s stock in a transaction on Wednesday, August 20th. The stock was sold at an average price of $66.84, for a total transaction of $502,035.24. Following the completion of the sale, the executive vice president owned 161,467 shares of the company’s stock, valued at $10,792,454.28. The trade was a 4.44% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 82,965 shares of company stock worth $5,559,996 over the last 90 days. Insiders own 0.01% of the company’s stock.

Cisco Systems Profile

Cisco Systems, Inc designs, manufactures, and sells Internet Protocol based networking and other products related to the communications and information technology industry in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and China. The company also offers switching portfolio encompasses campus switching as well as data center switching; enterprise routing portfolio interconnects public and private wireline and mobile networks, delivering highly secure, and reliable connectivity to campus, data center and branch networks; wireless products include wireless access points and controllers; and compute portfolio including the cisco unified computing system, hyperflex, and software management capabilities, which combine computing, networking, and storage infrastructure management and virtualization.