Cisco Systems, Inc. $CSCO Shares Sold by Thompson Investment Management Inc.

Thompson Investment Management Inc. decreased its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 4.3% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 152,592 shares of the network equipment provider’s stock after selling 6,860 shares during the period. Cisco Systems comprises approximately 1.4% of Thompson Investment Management Inc.’s portfolio, making the stock its 19th biggest holding. Thompson Investment Management Inc.’s holdings in Cisco Systems were worth $10,440,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Vanguard Group Inc. grew its position in Cisco Systems by 1.3% in the second quarter. Vanguard Group Inc. now owns 393,989,568 shares of the network equipment provider’s stock worth $27,334,996,000 after buying an additional 5,039,714 shares during the last quarter. State Street Corp boosted its stake in shares of Cisco Systems by 0.6% during the 2nd quarter. State Street Corp now owns 194,695,250 shares of the network equipment provider’s stock worth $13,507,956,000 after acquiring an additional 1,067,872 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of Cisco Systems by 1.2% in the 2nd quarter. Geode Capital Management LLC now owns 99,252,395 shares of the network equipment provider’s stock worth $6,864,058,000 after acquiring an additional 1,157,704 shares during the last quarter. Norges Bank acquired a new stake in shares of Cisco Systems during the second quarter worth $3,816,825,000. Finally, Invesco Ltd. lifted its holdings in shares of Cisco Systems by 3.0% during the second quarter. Invesco Ltd. now owns 48,531,251 shares of the network equipment provider’s stock valued at $3,367,098,000 after purchasing an additional 1,414,105 shares during the last quarter. 73.33% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, EVP Thimaya K. Subaiya sold 1,745 shares of the stock in a transaction on Friday, December 12th. The shares were sold at an average price of $79.46, for a total transaction of $138,657.70. Following the transaction, the executive vice president owned 176,319 shares in the company, valued at $14,010,307.74. This represents a 0.98% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Maria Victoria Wong sold 428 shares of the firm’s stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $80.33, for a total transaction of $34,381.24. Following the transaction, the senior vice president owned 32,176 shares in the company, valued at $2,584,698.08. This represents a 1.31% 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 worth $81,397,635 in the last quarter. Corporate insiders own 0.01% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the company. UBS Group lifted their price target on Cisco Systems from $88.00 to $90.00 and gave the stock a “buy” rating in a research note on Thursday, November 13th. Bank of America lifted their target price on shares of Cisco Systems from $85.00 to $95.00 and gave the stock a “buy” rating in a research report on Thursday, November 13th. JPMorgan Chase & Co. upped their price target on shares of Cisco Systems from $80.00 to $90.00 and gave the company an “overweight” rating in a research report on Thursday, November 13th. BNP Paribas Exane raised their price objective on shares of Cisco Systems from $76.00 to $86.00 and gave the stock an “outperform” rating in a research note on Thursday, November 13th. Finally, Evercore ISI boosted their target price on shares of Cisco Systems from $74.00 to $80.00 and gave the company an “in-line” rating in a research note on Thursday, November 13th. Seventeen analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $84.70.

Cisco Systems Trading Up 0.2%

Cisco Systems stock opened at $78.16 on Friday. Cisco Systems, Inc. has a 12 month low of $52.11 and a 12 month high of $80.82. The company has a quick ratio of 0.83, a current ratio of 0.93 and a debt-to-equity ratio of 0.46. The stock has a market cap of $308.82 billion, a P/E ratio of 29.38, a P/E/G ratio of 2.96 and a beta of 0.87. The company’s fifty day simple moving average is $75.51 and its 200-day simple moving average is $70.67.

Cisco Systems (NASDAQ:CSCO) last announced its quarterly earnings data on Wednesday, November 12th. The network equipment provider reported $1.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.98 by $0.02. Cisco Systems had a return on equity of 27.29% and a net margin of 18.38%.The business had revenue of $14.88 billion during the quarter, compared to analyst estimates of $14.77 billion. During the same period last year, the company earned $0.91 earnings per share. Cisco Systems’s quarterly revenue 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 and its Q2 2026 guidance at 1.010-1.030 EPS. As a group, sell-side analysts forecast that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.

Cisco Systems Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 21st. Stockholders of record on Friday, January 2nd will be issued a dividend of $0.41 per share. 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 currently 61.65%.

Cisco Systems Company 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.