Bessemer Group Inc. Increases Position in Cisco Systems, Inc. $CSCO

Bessemer Group Inc. grew its stake in Cisco Systems, Inc. (NASDAQ:CSCO) by 1,961.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,634,961 shares of the network equipment provider’s stock after acquiring an additional 2,507,145 shares during the quarter. Bessemer Group Inc.’s holdings in Cisco Systems were worth $202,972,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Arbejdsmarkedets Tillaegspension purchased a new position in shares of Cisco Systems in the 4th quarter valued at $22,534,000. Petix & Botte Co acquired a new position in shares of Cisco Systems during the fourth quarter worth $217,000. New York Life Investment Management LLC increased its position in shares of Cisco Systems by 0.9% during the fourth quarter. New York Life Investment Management LLC now owns 585,333 shares of the network equipment provider’s stock worth $45,088,000 after purchasing an additional 5,308 shares in the last quarter. Cornerstone Wealth Management LLC increased its position in shares of Cisco Systems by 4.1% during the fourth quarter. Cornerstone Wealth Management LLC now owns 47,466 shares of the network equipment provider’s stock worth $3,656,000 after purchasing an additional 1,888 shares in the last quarter. Finally, Simmons Bank increased its position in shares of Cisco Systems by 2.2% during the fourth quarter. Simmons Bank now owns 146,999 shares of the network equipment provider’s stock worth $11,323,000 after purchasing an additional 3,122 shares in the last quarter. 73.33% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the company. Wells Fargo & Company raised their price objective on Cisco Systems from $95.00 to $130.00 and gave the stock an “overweight” rating in a research report on Thursday. Erste Group Bank cut Cisco Systems from a “buy” rating to a “hold” rating in a research report on Wednesday, February 18th. KeyCorp raised their price objective on Cisco Systems from $87.00 to $125.00 and gave the stock an “overweight” rating in a research report on Thursday. Bank of America raised their price objective on Cisco Systems from $95.00 to $114.00 and gave the stock a “buy” rating in a research report on Thursday. Finally, The Goldman Sachs Group raised their price objective on Cisco Systems from $75.00 to $116.00 and gave the stock a “neutral” rating in a research report on Thursday. Three investment analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $110.00.

More Cisco Systems News

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

• Positive Sentiment: Cisco reported record quarterly revenue of $15.84 billion and adjusted EPS of $1.06, both ahead of estimates, showing broad-based demand strength across networking and related products.
• Positive Sentiment: The company raised its FY2026 and Q4 guidance, signaling management confidence that demand remains strong and AI-related orders should continue to support growth.
• Positive Sentiment: Cisco said hyperscaler AI infrastructure orders are accelerating, with commentary around a “networking supercycle” helping shift investor sentiment toward a longer growth runway. Article: Cisco CEO says tech is entering a ‘networking supercycle’ as stock pops 14% on strong AI demand
• Positive Sentiment: Several brokerages lifted price targets after the earnings beat, reinforcing optimism that the stock still has room to run.
• Neutral Sentiment: Cisco also announced a restructuring plan and roughly 4,000 job cuts to redirect spending toward AI, which may improve efficiency but adds some execution risk as the business mix changes.
• Neutral Sentiment: There was notable insider selling activity in recent months, though the market today appears focused more on the earnings and AI growth story than on governance signals.

Cisco Systems Stock Performance

Shares of CSCO opened at $115.53 on Friday. The stock has a 50-day moving average of $84.66 and a two-hundred day moving average of $79.68. Cisco Systems, Inc. has a one year low of $62.30 and a one year high of $119.36. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.85 and a current ratio of 0.96. The stock has a market cap of $456.33 billion, a P/E ratio of 37.51, a P/E/G ratio of 3.82 and a beta of 0.92.

Cisco Systems (NASDAQ:CSCO) last issued its quarterly earnings results on Wednesday, May 13th. The network equipment provider reported $1.06 EPS for the quarter, topping analysts’ consensus estimates of $1.03 by $0.03. Cisco Systems had a return on equity of 28.70% and a net margin of 20.14%.The company had revenue of $15.84 billion during the quarter, compared to analysts’ expectations of $15.56 billion. During the same quarter in the previous year, the firm posted $0.96 EPS. The firm’s revenue was up 12.0% compared to the same quarter last year. 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. As a group, research analysts predict that Cisco Systems, Inc. will post 3.42 EPS for the current year.

Cisco Systems Dividend Announcement

The company 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. The ex-dividend date of this dividend is Monday, July 6th. This represents a $1.68 dividend on an annualized basis and a yield of 1.5%. Cisco Systems’s payout ratio is currently 54.55%.

Insider Transactions at Cisco Systems

In other Cisco Systems news, EVP Thimaya K. Subaiya sold 1,744 shares of Cisco Systems stock in a transaction dated Thursday, March 12th. The stock was sold at an average price of $77.07, for a total transaction of $134,410.08. Following the completion of the sale, the executive vice president owned 156,693 shares of the company’s stock, valued at approximately $12,076,329.51. The trade was a 1.10% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Maria Victoria Wong sold 551 shares of Cisco Systems stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $77.54, for a total value of $42,724.54. Following the sale, the senior vice president directly owned 27,957 shares of the company’s stock, valued at approximately $2,167,785.78. This represents a 1.93% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 15,587 shares of company stock worth $1,230,765. 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.