Massachusetts Financial Services Co. MA Cuts Stock Holdings in Cisco Systems, Inc. $CSCO

Massachusetts Financial Services Co. MA reduced its position in Cisco Systems, Inc. (NASDAQ:CSCO) by 11.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 879,805 shares of the network equipment provider’s stock after selling 110,419 shares during the period. Massachusetts Financial Services Co. MA’s holdings in Cisco Systems were worth $60,196,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Fiduciary Family Office LLC grew its position in shares of Cisco Systems by 107.8% during the 3rd quarter. Fiduciary Family Office LLC now owns 32,016 shares of the network equipment provider’s stock valued at $2,191,000 after acquiring an additional 16,609 shares during the period. CFC Planning Co LLC boosted its position in Cisco Systems by 7.8% during the third quarter. CFC Planning Co LLC now owns 92,640 shares of the network equipment provider’s stock worth $6,338,000 after purchasing an additional 6,705 shares in the last quarter. Beacon Financial Advisory LLC grew its holdings in Cisco Systems by 29.5% in the third quarter. Beacon Financial Advisory LLC now owns 6,985 shares of the network equipment provider’s stock valued at $478,000 after purchasing an additional 1,590 shares during the period. Resonant Capital Advisors LLC increased its position in shares of Cisco Systems by 2.1% in the third quarter. Resonant Capital Advisors LLC now owns 73,396 shares of the network equipment provider’s stock valued at $5,022,000 after buying an additional 1,500 shares in the last quarter. Finally, Harel Insurance Investments & Financial Services Ltd. raised its stake in shares of Cisco Systems by 55.1% during the 3rd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 11,718 shares of the network equipment provider’s stock worth $800,000 after buying an additional 4,165 shares during the period. Institutional investors and hedge funds own 73.33% of the company’s stock.

Cisco Systems Price Performance

Shares of NASDAQ CSCO opened at $73.67 on Thursday. The stock has a market capitalization of $291.08 billion, a price-to-earnings ratio of 27.70, a price-to-earnings-growth ratio of 2.77 and a beta of 0.87. Cisco Systems, Inc. has a 52 week low of $52.11 and a 52 week high of $80.82. The firm has a 50-day simple moving average of $76.75 and a 200-day simple moving average of $71.69. 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:CSCO) last posted its quarterly earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 earnings per share 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%. Cisco Systems’s quarterly revenue was up 7.5% on a year-over-year basis. During the same period in the previous year, the business posted $0.91 earnings per share. 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. On average, equities analysts predict 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 was paid on Wednesday, January 21st. Investors of record on Friday, January 2nd were issued a $0.41 dividend. This represents a $1.64 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend was Friday, January 2nd. Cisco Systems’s dividend payout ratio (DPR) is currently 61.65%.

Analysts Set New Price Targets

A number of research firms recently issued reports on CSCO. Piper Sandler lifted their price target on shares of Cisco Systems from $70.00 to $86.00 and gave the company a “neutral” rating in a research note on Thursday, November 13th. JPMorgan Chase & Co. increased their price objective on shares of Cisco Systems from $80.00 to $90.00 and gave the company an “overweight” rating in a report on Thursday, November 13th. KeyCorp boosted their target price on shares of Cisco Systems from $77.00 to $87.00 and gave the stock an “overweight” rating in a research note on Thursday, November 13th. Wells Fargo & Company upped their price target on shares of Cisco Systems from $83.00 to $95.00 and gave the stock an “overweight” rating in a research report on Thursday, November 13th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Cisco Systems in a report on Thursday, October 30th. Fifteen research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Cisco Systems presently has an average rating of “Moderate Buy” and a consensus target price of $85.86.

Insider Activity

In other news, Director Michael D. Capellas sold 16,150 shares of Cisco Systems stock in a transaction on Thursday, December 18th. The stock was sold at an average price of $77.28, for a total transaction of $1,248,072.00. Following the transaction, the director owned 157,218 shares in the company, valued at $12,149,807.04. The trade was a 9.32% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Charles Robbins sold 281,860 shares of the business’s stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $78.35, for a total transaction of $22,083,731.00. Following the transaction, the chief executive officer directly owned 820,887 shares in the company, valued at approximately $64,316,496.45. The trade was a 25.56% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,044,865 shares of company stock valued at $81,397,635 in the last 90 days. 0.01% of the stock is owned by insiders.

Cisco Systems Profile

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.