Banco Bilbao Vizcaya Argentaria S.A. Has $60.41 Million Stock Holdings in Cisco Systems, Inc. $CSCO

Banco Bilbao Vizcaya Argentaria S.A. raised its position in Cisco Systems, Inc. (NASDAQ:CSCO) by 92.6% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 870,907 shares of the network equipment provider’s stock after acquiring an additional 418,708 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Cisco Systems were worth $60,408,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in CSCO. Legacy Investment Solutions LLC acquired a new stake in shares of Cisco Systems in the second quarter valued at about $28,000. Financial Connections Group Inc. lifted its stake in Cisco Systems by 89.4% in the second quarter. Financial Connections Group Inc. now owns 409 shares of the network equipment provider’s stock valued at $28,000 after acquiring an additional 193 shares during the last quarter. Brown Shipley& Co Ltd bought a new position in shares of Cisco Systems in the 2nd quarter valued at about $32,000. Pandora Wealth Inc. acquired a new position in shares of Cisco Systems during the 1st quarter worth about $31,000. Finally, Nova Wealth Management Inc. bought a new stake in shares of Cisco Systems in the 1st quarter valued at about $31,000. 73.33% of the stock is currently owned by institutional investors and hedge funds.

Cisco Systems Stock Up 4.6%

CSCO opened at $77.38 on Friday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.91 and a current ratio of 1.00. The stock has a fifty day moving average of $69.64 and a 200-day moving average of $67.27. Cisco Systems, Inc. has a fifty-two week low of $52.11 and a fifty-two week high of $79.50. The company has a market capitalization of $304.93 billion, a P/E ratio of 29.53, a P/E/G ratio of 3.00 and a beta of 0.95.

Cisco Systems (NASDAQ:CSCO) last released its quarterly earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 EPS for the quarter, topping analysts’ consensus estimates of $0.98 by $0.02. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. The business had revenue of $14.88 billion for the quarter, compared to analyst estimates of $14.77 billion. During the same period last year, the firm earned $0.91 earnings per share. Cisco Systems’s revenue for the quarter was up 7.5% compared to the same quarter last year. Cisco Systems has set its FY 2026 guidance at 4.080-4.140 EPS. Q2 2026 guidance at 1.010-1.030 EPS. On average, equities analysts expect that Cisco Systems, Inc. will post 3.04 EPS for the current 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 paid a $0.41 dividend. This represents a $1.64 annualized dividend and a dividend yield of 2.1%. The ex-dividend date is Friday, January 2nd. Cisco Systems’s payout ratio is 62.60%.

Insider Buying and Selling

In other Cisco Systems news, EVP Oliver Tuszik sold 17,526 shares of the firm’s stock in a transaction on Friday, September 19th. The stock was sold at an average price of $67.95, for a total transaction of $1,190,891.70. Following the transaction, the executive vice president owned 198,855 shares in the company, valued at $13,512,197.25. This trade represents a 8.10% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Thimaya K. Subaiya sold 1,744 shares of the company’s stock in a transaction on Friday, September 12th. The shares were sold at an average price of $66.78, for a total value of $116,464.32. Following the sale, the executive vice president owned 158,009 shares of the company’s stock, valued at approximately $10,551,841.02. The trade was a 1.09% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 33,089 shares of company stock worth $2,236,383. 0.01% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on CSCO shares. Barclays lifted their price target on Cisco Systems from $71.00 to $76.00 and gave the stock an “equal weight” rating in a report on Thursday. HSBC reissued a “hold” rating and set a $69.00 target price on shares of Cisco Systems in a report on Friday, August 15th. Hsbc Global Res cut shares of Cisco Systems from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 15th. Erste Group Bank raised shares of Cisco Systems from a “hold” rating to a “buy” rating in a research report on Monday. Finally, JPMorgan Chase & Co. lifted their target price on shares of Cisco Systems from $80.00 to $90.00 and gave the stock an “overweight” rating in a report on Thursday. Sixteen research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat, Cisco Systems has an average rating of “Moderate Buy” and a consensus price target of $82.32.

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.