Cisco Systems, Inc. $CSCO is Marvin & Palmer Associates Inc.’s 3rd Largest Position

Marvin & Palmer Associates Inc. boosted its stake in Cisco Systems, Inc. (NASDAQ:CSCO) by 84.2% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 96,203 shares of the network equipment provider’s stock after purchasing an additional 43,980 shares during the period. Cisco Systems comprises approximately 5.7% of Marvin & Palmer Associates Inc.’s portfolio, making the stock its 3rd largest position. Marvin & Palmer Associates Inc.’s holdings in Cisco Systems were worth $6,675,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Brighton Jones LLC boosted its holdings in Cisco Systems by 49.5% during the 4th quarter. Brighton Jones LLC now owns 74,187 shares of the network equipment provider’s stock valued at $4,392,000 after acquiring an additional 24,562 shares during the period. Revolve Wealth Partners LLC lifted its position in shares of Cisco Systems by 37.0% during the fourth quarter. Revolve Wealth Partners LLC now owns 9,156 shares of the network equipment provider’s stock worth $542,000 after purchasing an additional 2,474 shares in the last quarter. PFG Advisors boosted its stake in shares of Cisco Systems by 49.0% in the first quarter. PFG Advisors now owns 25,367 shares of the network equipment provider’s stock valued at $1,565,000 after purchasing an additional 8,344 shares during the period. Wakefield Asset Management LLLP purchased a new position in shares of Cisco Systems in the first quarter valued at approximately $453,000. Finally, Unison Advisors LLC grew its holdings in shares of Cisco Systems by 0.7% in the first quarter. Unison Advisors LLC now owns 66,536 shares of the network equipment provider’s stock valued at $4,106,000 after purchasing an additional 435 shares in the last quarter. 73.33% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on CSCO shares. Wells Fargo & Company raised their price target on shares of Cisco Systems from $83.00 to $95.00 and gave the company an “overweight” rating in a research report on Thursday, November 13th. UBS Group upped their price target on Cisco Systems from $88.00 to $90.00 and gave the stock a “buy” rating in a report on Thursday, November 13th. Bank of America lifted their price objective on Cisco Systems from $85.00 to $95.00 and gave the company a “buy” rating in a research note on Thursday, November 13th. Citic Securities raised their target price on shares of Cisco Systems from $75.00 to $90.00 in a report on Monday. Finally, Morgan Stanley boosted their price target on shares of Cisco Systems from $77.00 to $82.00 and gave the stock an “overweight” rating in a report on Thursday, November 13th. Seventeen equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $84.14.

Cisco Systems Stock Down 3.8%

Shares of NASDAQ:CSCO opened at $75.44 on Friday. The firm has a 50 day simple moving average of $70.65 and a 200-day simple moving average of $67.95. Cisco Systems, Inc. has a twelve month low of $52.11 and a twelve month high of $80.06. The company has a current ratio of 1.00, a quick ratio of 0.91 and a debt-to-equity ratio of 0.49. The company has a market capitalization of $297.29 billion, a PE ratio of 28.79, a P/E/G ratio of 3.00 and a beta of 0.95.

Cisco Systems (NASDAQ:CSCO) last posted its earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 EPS for the quarter, beating 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 firm had revenue of $14.88 billion for the quarter, compared to the consensus estimate of $14.77 billion. During the same period last year, the firm posted $0.91 EPS. The company’s revenue was up 7.5% on a year-over-year basis. 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 predict that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.

Cisco Systems Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 21st. Stockholders of record on Friday, January 2nd will be 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 is Friday, January 2nd. Cisco Systems’s payout ratio is presently 61.65%.

Insider Transactions at Cisco Systems

In related news, CEO Charles Robbins sold 116,734 shares of the company’s stock in a transaction dated Tuesday, November 18th. The stock was sold at an average price of $77.30, for a total value of $9,023,538.20. Following the completion of the sale, the chief executive officer directly owned 704,153 shares of the company’s stock, valued at $54,431,026.90. This represents a 14.22% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Deborah L. Stahlkopf sold 164,584 shares of the firm’s stock in a transaction that occurred on Friday, November 14th. The stock was sold at an average price of $77.85, for a total value of $12,812,864.40. Following the transaction, the executive vice president owned 196,738 shares in the company, valued at $15,316,053.30. This represents a 45.55% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 1,017,988 shares of company stock worth $79,085,621. Insiders own 0.01% of the company’s stock.

Cisco Systems Company 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.