Envestnet Portfolio Solutions Inc. Buys 71,774 Shares of Cisco Systems, Inc. $CSCO

Envestnet Portfolio Solutions Inc. increased its stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 24.6% during the second quarter, HoldingsChannel.com reports. The fund owned 363,506 shares of the network equipment provider’s stock after purchasing an additional 71,774 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in Cisco Systems were worth $47,287,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. BlackRock Inc. bought a new stake in Cisco Systems during the second quarter worth approximately $42,129,647,000. State Street Corp raised its position in shares of Cisco Systems by 7.0% in the second quarter. State Street Corp now owns 207,106,569 shares of the network equipment provider’s stock valued at $25,278,492,000 after purchasing an additional 13,512,872 shares during the period. Bank of America Corp DE bought a new position in shares of Cisco Systems in the second quarter valued at approximately $5,892,379,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of Cisco Systems by 2.7% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 43,450,141 shares of the network equipment provider’s stock worth $5,103,654,000 after buying an additional 1,143,106 shares during the last quarter. Finally, Bank of New York Mellon Corp acquired a new stake in shares of Cisco Systems in the second quarter worth $4,714,574,000. 73.33% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, EVP Deborah Stahlkopf sold 6,487 shares of Cisco Systems stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $111.53, for a total transaction of $723,495.11. Following the sale, the executive vice president directly owned 167,116 shares of the company’s stock, valued at $18,638,447.48. This trade represents a 3.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Jeetendra Patel sold 7,170 shares of the business’s stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $111.57, for a total value of $799,956.90. Following the transaction, the insider owned 230,593 shares in the company, valued at $25,727,261.01. This represents a 3.02% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 44,869 shares of company stock valued at $5,005,620 in the last quarter. 0.01% of the stock is currently owned by insiders.

Cisco Systems Stock Performance

CSCO stock traded down $0.01 on Wednesday, reaching $106.43. 17,629,853 shares of the company were exchanged, compared to its average volume of 22,757,455. Cisco Systems, Inc. has a 12 month low of $66.81 and a 12 month high of $130.37. The stock’s fifty day moving average price is $112.66 and its 200 day moving average price is $104.97. The firm has a market capitalization of $419.61 billion, a PE ratio of 31.87, a PEG ratio of 2.32 and a beta of 1.00. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.93 and a quick ratio of 0.79.

Cisco Systems (NASDAQ:CSCO) last issued its quarterly earnings results on Wednesday, August 12th. The network equipment provider reported $1.22 earnings per share for the quarter, beating analysts’ consensus estimates of $1.17 by $0.05. The firm had revenue of $17.25 billion during the quarter, compared to the consensus estimate of $16.84 billion. Cisco Systems had a net margin of 20.95% and a return on equity of 30.16%. The business’s revenue was up 17.6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.99 EPS. 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. On average, research analysts anticipate that Cisco Systems, Inc. will post 4.43 EPS for the current fiscal year.

Cisco Systems Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 21st. Investors of record on Friday, October 2nd will be paid a $0.42 dividend. This represents a $1.68 annualized dividend and a dividend yield of 1.6%. The ex-dividend date is Friday, October 2nd. Cisco Systems’s dividend payout ratio (DPR) is presently 50.30%.

Key Stories Impacting Cisco Systems

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

• Positive Sentiment: Analysts and market commentators continue to view Cisco as an AI-infrastructure beneficiary because data centers require high-speed switches, networking equipment and data-movement capabilities. Cisco’s established networking position and data-center exposure could provide a moat as AI deployments expand. CSCO Still Has Niche in AI Trade: Kim Forrest Sees Data & Data Centers as Moat
• Positive Sentiment: Cisco released research indicating that enterprises are rapidly moving toward “AgenticOps,” or AI-driven network operations. The findings suggest a growing need for tools that automate increasingly complex network monitoring and alert management, potentially supporting demand for Cisco’s software and services. Cisco AI Research: AgenticOps Scaling Quickly in the Enterprise
• Positive Sentiment: Cisco announced a collaboration with Infleqtion to develop distributed quantum-networking technologies, including quantum memory-to-optical transduction and a prototype Universal Quantum Switch. The initiative strengthens Cisco’s technology positioning, although its financial contribution remains longer term. Cisco Unveils Quantum Networking Push With New Distributed Systems Collaboration
• Neutral Sentiment: A Zscaler-versus-Cisco comparison emphasized Cisco’s combination of cybersecurity growth, AI-infrastructure momentum and cash generation, along with a lower price-to-sales valuation than Zscaler. The comparison is supportive but does not represent a new company catalyst. Zscaler vs. Cisco: Which Cybersecurity Stock Is the Better Buy?
• Negative Sentiment: Piper Sandler lowered its Cisco price target to $125 from $132 and retained a Neutral rating. Analyst James Fish cited expectations for a lower valuation multiple and fears that growth could be peaking, prompting investors to reassess Cisco’s premium after its strong run. Cisco stock sinks after Piper Sandler cuts price target on growth concerns
• Negative Sentiment: Recent executive stock sales and broad profit-taking appear to have intensified the selling pressure. Available reports characterized the move as sentiment- and valuation-driven rather than a response to a new earnings miss or guidance reduction.

Analysts Set New Price Targets

A number of research analysts recently issued reports on CSCO shares. Wall Street Zen upgraded shares of Cisco Systems from a “hold” rating to a “buy” rating in a research note on Sunday. Wells Fargo & Company boosted their target price on shares of Cisco Systems from $130.00 to $150.00 and gave the stock an “overweight” rating in a research report on Thursday, August 13th. The Goldman Sachs Group upped their price target on shares of Cisco Systems from $116.00 to $125.00 and gave the company a “neutral” rating in a report on Wednesday, June 3rd. Zacks Research downgraded Cisco Systems from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 4th. Finally, HSBC lowered Cisco Systems from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $137.00 to $120.00 in a research note on Friday, August 14th. Two research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $129.36.

About Cisco Systems

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.