Sherman Asset Management Inc. Purchases 9,300 Shares of Cisco Systems, Inc. $CSCO

Sherman Asset Management Inc. grew its position in Cisco Systems, Inc. (NASDAQ:CSCO) by 734.0% during the fourth quarter, HoldingsChannel.com reports. The firm owned 10,567 shares of the network equipment provider’s stock after buying an additional 9,300 shares during the quarter. Cisco Systems accounts for approximately 0.7% of Sherman Asset Management Inc.’s investment portfolio, making the stock its 28th biggest holding. Sherman Asset Management Inc.’s holdings in Cisco Systems were worth $814,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. EQ Wealth Advisors LLC bought a new stake in shares of Cisco Systems in the fourth quarter valued at about $31,000. Board of the Pension Protection Fund bought a new stake in shares of Cisco Systems in the fourth quarter valued at about $31,000. Anfield Capital Management LLC lifted its holdings in shares of Cisco Systems by 248.9% in the fourth quarter. Anfield Capital Management LLC now owns 485 shares of the network equipment provider’s stock valued at $37,000 after purchasing an additional 346 shares in the last quarter. Joseph Group Capital Management bought a new stake in shares of Cisco Systems in the fourth quarter valued at about $38,000. Finally, Luken Investment Analytics LLC lifted its holdings in shares of Cisco Systems by 418.0% in the fourth quarter. Luken Investment Analytics LLC now owns 518 shares of the network equipment provider’s stock valued at $40,000 after purchasing an additional 418 shares in the last quarter. 73.33% of the stock is currently owned by institutional investors.

Cisco Systems Price Performance

Shares of NASDAQ CSCO opened at $118.21 on Friday. The business’s 50 day moving average price is $85.41 and its two-hundred day moving average price is $79.95. The company has a market cap of $466.92 billion, a PE ratio of 38.38, a price-to-earnings-growth ratio of 4.34 and a beta of 0.92. The company has a quick ratio of 0.85, a current ratio of 0.92 and a debt-to-equity ratio of 0.40. Cisco Systems, Inc. has a twelve month low of $62.30 and a twelve month high of $119.36.

Cisco Systems (NASDAQ:CSCO) last announced its quarterly earnings results on Wednesday, May 13th. The network equipment provider reported $1.06 earnings per share for the quarter, topping analysts’ consensus estimates of $1.03 by $0.03. The firm had revenue of $15.84 billion for the quarter, compared to the consensus estimate of $15.56 billion. Cisco Systems had a return on equity of 28.44% and a net margin of 20.14%.The business’s revenue was up 12.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.96 earnings per share. Cisco Systems has set its Q4 2026 guidance at 1.160-1.180 EPS and its FY 2026 guidance at 4.270-4.290 EPS. On average, analysts predict that Cisco Systems, Inc. will post 3.42 EPS for the current year.

Cisco Systems Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 22nd. Shareholders of record on Monday, July 6th will be given a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Monday, July 6th. Cisco Systems’s payout ratio is 54.55%.

Analyst Upgrades and Downgrades

CSCO has been the topic of a number of recent research reports. The Goldman Sachs Group lifted their target price on Cisco Systems from $75.00 to $116.00 and gave the company a “neutral” rating in a research report on Thursday. Bank of America lifted their target price on Cisco Systems from $95.00 to $114.00 and gave the company a “buy” rating in a research report on Thursday. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Cisco Systems in a research report on Friday, April 24th. Evercore lifted their target price on Cisco Systems from $110.00 to $150.00 and gave the company an “outperform” rating in a research report on Thursday. Finally, Argus raised Cisco Systems to a “strong-buy” rating in a research report on Friday, February 13th. Three research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $114.55.

Cisco Systems News Roundup

Here are the key news stories impacting Cisco Systems this week:

• Positive Sentiment: Cisco reported stronger-than-expected Q3 earnings and revenue, with EPS of $1.06 topping estimates and sales of $15.84 billion above forecasts. Article title
• Positive Sentiment: The company raised full-year guidance and pointed to roughly $9 billion in fiscal 2026 hyperscaler AI infrastructure orders, reinforcing the view that Cisco is becoming a key AI infrastructure beneficiary. Article title
• Positive Sentiment: Multiple firms raised price targets after the earnings beat, including HSBC, Evercore, Piper Sandler, KeyCorp, Morgan Stanley, UBS, BNP Paribas, Wells Fargo and Citigroup, signaling broad Wall Street optimism. Article title
• Positive Sentiment: Cisco’s CEO said AI will force a “multi-billion dollar infrastructure reset,” which supports the bullish narrative that the company is at the center of a long upgrade cycle. Article title
• Neutral Sentiment: Cisco also announced plans to cut about 4,000 jobs as it reshapes spending toward AI, which may improve efficiency but adds some execution risk. Article title
• Neutral Sentiment: Some commentary warns that the stock’s rapid rally has pushed valuation higher, and options activity shows elevated volatility expectations heading into the next phase. Article title

Insiders Place Their Bets

In other news, EVP Thimaya K. Subaiya sold 1,744 shares of the company’s stock in a transaction that occurred on Thursday, March 12th. The stock was sold at an average price of $77.07, for a total value of $134,410.08. Following the transaction, the executive vice president owned 156,693 shares of the company’s stock, valued at approximately $12,076,329.51. This represents a 1.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Maria Victoria Wong sold 2,179 shares of the company’s stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $77.74, for a total value of $169,395.46. Following the completion of the transaction, the senior vice president directly owned 28,807 shares in the company, valued at $2,239,456.18. The trade was a 7.03% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 15,587 shares of company stock worth $1,230,765 in the last three months. 0.01% of the stock is owned by corporate 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.