Cisco Systems (NASDAQ:CSCO) Shares Up 1.1% – What’s Next?

Cisco Systems, Inc. (NASDAQ:CSCO) shares rose 1.1% during mid-day trading on Monday . The stock traded as high as $79.38 and last traded at $78.86. Approximately 17,385,560 shares were traded during trading, a decline of 17% from the average daily volume of 20,951,270 shares. The stock had previously closed at $77.97.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on CSCO. Barclays raised their price target on Cisco Systems from $71.00 to $76.00 and gave the stock an “equal weight” rating in a research note on Thursday, November 13th. Evercore ISI raised their target price on shares of Cisco Systems from $74.00 to $80.00 and gave the stock an “in-line” rating in a research report on Thursday, November 13th. Piper Sandler lifted their target price on shares of Cisco Systems from $70.00 to $86.00 and gave the company a “neutral” rating in a research note on Thursday, November 13th. JPMorgan Chase & Co. increased their price target on shares of Cisco Systems from $80.00 to $90.00 and gave the stock an “overweight” rating in a research note on Thursday, November 13th. Finally, KeyCorp raised their price objective on shares of Cisco Systems from $77.00 to $87.00 and gave the stock an “overweight” rating in a report on Thursday, November 13th. Seventeen analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $84.14.

Cisco Systems Price Performance

The company has a debt-to-equity ratio of 0.46, a current ratio of 0.93 and a quick ratio of 0.83. The firm’s 50 day moving average is $72.68 and its 200 day moving average is $69.22. The firm has a market cap of $311.58 billion, a P/E ratio of 29.65, a price-to-earnings-growth ratio of 2.94 and a beta of 0.87.

Cisco Systems (NASDAQ:CSCO) last announced its quarterly earnings data on Wednesday, November 12th. The network equipment provider reported $1.00 earnings per share for the quarter, topping analysts’ consensus estimates of $0.98 by $0.02. Cisco Systems had a net margin of 18.38% and a return on equity of 27.29%. The business had revenue of $14.88 billion for the quarter, compared to analysts’ expectations of $14.77 billion. During the same quarter in the prior year, the company earned $0.91 earnings per share. The business’s 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, analysts anticipate that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.

Cisco Systems Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 21st. Shareholders of record on Friday, January 2nd will be paid a dividend of $0.41 per share. The ex-dividend date is Friday, January 2nd. This represents a $1.64 dividend on an annualized basis and a yield of 2.1%. Cisco Systems’s payout ratio is presently 61.65%.

Insider Transactions at Cisco Systems

In other news, insider Jeetendra I. Patel sold 163,896 shares of the stock in a transaction on Friday, November 14th. The stock was sold at an average price of $77.86, for a total value of $12,760,942.56. Following the sale, the insider directly owned 281,108 shares of the company’s stock, valued at approximately $21,887,068.88. This represents a 36.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Maria Victoria Wong sold 9,801 shares of Cisco Systems stock in a transaction dated Monday, November 24th. The stock was sold at an average price of $76.38, for a total value of $748,600.38. Following the completion of the transaction, the senior vice president directly owned 33,026 shares of the company’s stock, valued at approximately $2,522,525.88. This represents a 22.89% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 1,024,627 shares of company stock valued at $79,621,482. 0.01% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Cisco Systems

Institutional investors and hedge funds have recently made changes to their positions in the company. Norges Bank bought a new stake in Cisco Systems during the second quarter valued at approximately $3,816,825,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main raised its holdings in Cisco Systems by 413.3% in the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 22,393,371 shares of the network equipment provider’s stock worth $1,553,645,000 after purchasing an additional 18,030,441 shares during the period. Kingstone Capital Partners Texas LLC purchased a new position in Cisco Systems during the second quarter valued at $904,542,000. Franklin Resources Inc. lifted its position in Cisco Systems by 46.2% during the second quarter. Franklin Resources Inc. now owns 40,836,858 shares of the network equipment provider’s stock valued at $2,833,261,000 after purchasing an additional 12,904,969 shares in the last quarter. Finally, Nuveen LLC bought a new stake in Cisco Systems during the first quarter valued at about $750,495,000. Institutional investors own 73.33% 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.