Cisco Systems (NASDAQ:CSCO) Lowered to “Hold” Rating by Wall Street Zen

Wall Street Zen cut shares of Cisco Systems (NASDAQ:CSCO) from a buy rating to a hold rating in a report issued on Saturday morning,Wall Street Zen reports.

Several other research firms also recently commented on CSCO. UBS Group boosted their target price on shares of Cisco Systems from $132.00 to $138.00 and gave the stock a “buy” rating in a research report on Thursday, August 13th. KeyCorp raised their price target on shares of Cisco Systems from $130.00 to $135.00 and gave the company an “overweight” rating in a research report on Thursday, August 13th. Wells Fargo & Company lifted their price target on Cisco Systems from $130.00 to $150.00 and gave the company an “overweight” rating in a research note on Thursday, August 13th. Weiss Ratings reissued a “buy (b)” rating on shares of Cisco Systems in a report on Wednesday, August 26th. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on Cisco Systems in a research note on Tuesday, September 1st. They issued a “buy” rating and a $135.00 price objective for the company. Two analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $129.68.

Cisco Systems Trading Up 4.4%

NASDAQ CSCO opened at $112.13 on Friday. Cisco Systems has a 52 week low of $66.13 and a 52 week high of $130.37. The business has a 50 day moving average price of $113.66 and a 200-day moving average price of $103.30. The company has a quick ratio of 0.79, a current ratio of 0.93 and a debt-to-equity ratio of 0.39. The company has a market cap of $442.08 billion, a price-to-earnings ratio of 33.57, a P/E/G ratio of 2.34 and a beta of 1.00.

Cisco Systems (NASDAQ:CSCO) last announced its quarterly earnings results on Wednesday, August 12th. The network equipment provider reported $1.22 EPS for the quarter, beating analysts’ consensus estimates of $1.17 by $0.05. Cisco Systems had a net margin of 20.95% and a return on equity of 30.16%. The business had revenue of $17.25 billion during the quarter, compared to analyst estimates of $16.84 billion. During the same quarter in the previous year, the business posted $0.99 EPS. Cisco Systems’s quarterly revenue was up 17.6% on a year-over-year basis. Cisco Systems has set its FY 2027 guidance at 5.050-5.110 EPS and its Q1 2027 guidance at 1.320-1.340 EPS. As a group, equities analysts expect that Cisco Systems will post 4.43 earnings per share for the current fiscal year.

Cisco Systems Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 21st. Investors of record on Friday, October 2nd will be issued a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date is Friday, October 2nd. Cisco Systems’s dividend payout ratio (DPR) is 50.30%.

Insiders Place Their Bets

In other news, EVP Oliver Tuszik sold 2,760 shares of the stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $112.46, for a total transaction of $310,389.60. Following the completion of the transaction, the executive vice president directly owned 165,276 shares of the company’s stock, valued at $18,586,938.96. This represents a 1.64% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Charles Robbins sold 21,628 shares of Cisco Systems stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $111.54, for a total transaction of $2,412,387.12. Following the completion of the sale, the chief executive officer directly owned 602,710 shares in the company, valued at $67,226,273.40. This trade represents a 3.46% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 51,004 shares of company stock valued at $5,750,920. Company insiders own 0.01% of the company’s stock.

Institutional Trading of Cisco Systems

Large investors have recently bought and sold shares of the company. Bullseye Investment Management LLC purchased a new position in shares of Cisco Systems during the 2nd quarter valued at $159,000. Rench Wealth Management Inc. increased its holdings in Cisco Systems by 36.9% in the 2nd quarter. Rench Wealth Management Inc. now owns 98,412 shares of the network equipment provider’s stock worth $11,559,000 after acquiring an additional 26,505 shares during the last quarter. Bouchey Financial Group Ltd. increased its holdings in Cisco Systems by 10.1% in the 2nd quarter. Bouchey Financial Group Ltd. now owns 12,919 shares of the network equipment provider’s stock worth $1,518,000 after acquiring an additional 1,189 shares during the last quarter. Tortoise Investment Management LLC raised its stake in Cisco Systems by 3.2% in the 2nd quarter. Tortoise Investment Management LLC now owns 6,030 shares of the network equipment provider’s stock valued at $708,000 after acquiring an additional 187 shares during the period. Finally, Sequoia Financial Advisors LLC raised its stake in Cisco Systems by 14.0% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 228,014 shares of the network equipment provider’s stock valued at $27,752,000 after acquiring an additional 27,922 shares during the period. 73.33% of the stock is owned by hedge funds and other institutional investors.

More Cisco Systems News

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

• Positive Sentiment: Investors also responded to Cisco’s recent commentary on AI networking, including meaningful hyperscaler orders, a networking refresh cycle and growing demand for high-performance infrastructure. Cisco’s latest quarterly results showed record revenue, earnings above guidance and 35% growth in total product orders, while management raised fiscal 2027 expectations. Cisco Systems rises as investors weigh upbeat AI networking commentary and a broader tech rally
• Positive Sentiment: A broader technology-sector rally, supported by an inflation reading near expectations and lower oil prices, provided an additional tailwind for CSCO and other networking stocks. Ciena, Arista Networks and Cisco market move
• Positive Sentiment: Cisco and Infleqtion announced joint research into networked quantum technology, aiming to connect and scale distributed quantum systems. The opportunity is longer term and is unlikely to materially affect near-term revenue, but it supports Cisco’s technology-development narrative. Infleqtion and Cisco announce collaboration to advance networked quantum technology

Cisco Systems Company Profile

Cisco Systems, Inc is a global technology company that provides networking, cybersecurity, collaboration, observability and other information technology solutions. Its offerings include routers, switches, wireless networking equipment, data center infrastructure, security platforms, unified communications tools and software designed to help organizations connect, manage and protect their digital environments.

Cisco serves businesses, government agencies, educational institutions, telecommunications providers and other organizations worldwide.