Union Bancaire Privee UBP SA Buys 1,012,804 Shares of Cisco Systems, Inc. $CSCO

Union Bancaire Privee UBP SA raised its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 2,531.4% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,052,813 shares of the network equipment provider’s stock after purchasing an additional 1,012,804 shares during the period. Cisco Systems accounts for approximately 1.4% of Union Bancaire Privee UBP SA’s holdings, making the stock its 17th biggest holding. Union Bancaire Privee UBP SA’s holdings in Cisco Systems were worth $72,033,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of CSCO. Sanders Morris Harris LLC bought a new position in Cisco Systems during the 3rd quarter worth approximately $470,000. Destiny Wealth Partners LLC lifted its position in Cisco Systems by 33.5% in the 3rd quarter. Destiny Wealth Partners LLC now owns 5,902 shares of the network equipment provider’s stock valued at $404,000 after acquiring an additional 1,482 shares in the last quarter. ARS Wealth Advisors Group LLC boosted its position in shares of Cisco Systems by 0.9% during the third quarter. ARS Wealth Advisors Group LLC now owns 150,033 shares of the network equipment provider’s stock worth $10,265,000 after buying an additional 1,310 shares during the period. Gradient Investments LLC boosted its position in Cisco Systems by 132.7% during the 3rd quarter. Gradient Investments LLC now owns 8,842 shares of the network equipment provider’s stock worth $605,000 after acquiring an additional 5,043 shares during the last quarter. Finally, AssuredPartners Investment Advisors LLC boosted its holdings in Cisco Systems by 5.7% during the third quarter. AssuredPartners Investment Advisors LLC now owns 86,022 shares of the network equipment provider’s stock worth $5,886,000 after purchasing an additional 4,623 shares during the last quarter. 73.33% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts recently commented on the company. CICC Research increased their price target on Cisco Systems from $78.00 to $84.00 and gave the company an “outperform” rating in a research report on Friday, November 14th. Bank of America upped their price target on shares of Cisco Systems from $85.00 to $95.00 and gave the company a “buy” rating in a research note on Thursday, November 13th. Erste Group Bank raised Cisco Systems from a “hold” rating to a “buy” rating in a report on Monday, November 10th. Rosenblatt Securities increased their price target on Cisco Systems from $87.00 to $100.00 and gave the stock a “buy” rating in a research report on Thursday, November 13th. Finally, Citigroup boosted their target price on shares of Cisco Systems from $80.00 to $85.00 and gave the company a “buy” rating in a research report on Thursday, November 13th. Seventeen investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat, Cisco Systems currently has an average rating of “Moderate Buy” and a consensus target price of $84.14.

Cisco Systems Trading Down 0.9%

CSCO opened at $77.55 on Wednesday. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.93 and a quick ratio of 0.83. Cisco Systems, Inc. has a fifty-two week low of $52.11 and a fifty-two week high of $80.82. The firm has a market capitalization of $306.41 billion, a price-to-earnings ratio of 29.15, a PEG ratio of 2.96 and a beta of 0.87. The company’s 50 day moving average price is $74.12 and its two-hundred day moving average price is $69.98.

Cisco Systems (NASDAQ:CSCO) last announced its earnings results 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. The business had revenue of $14.88 billion during the quarter, compared to analyst estimates of $14.77 billion. Cisco Systems had a return on equity of 27.29% and a net margin of 18.38%.Cisco Systems’s revenue for the quarter was up 7.5% compared to the same quarter last year. During the same period last year, the company earned $0.91 EPS. 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, research analysts predict that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.

Cisco Systems Dividend Announcement

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

Insider Activity

In other news, CEO Charles Robbins sold 116,734 shares of Cisco Systems stock in a transaction on Tuesday, November 18th. The shares were 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 owned 704,153 shares in the company, valued at $54,431,026.90. The trade was a 14.22% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Maria Victoria Wong sold 428 shares of Cisco Systems 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 completion of the sale, the senior vice president directly owned 32,176 shares of the company’s stock, valued at approximately $2,584,698.08. This trade represents a 1.31% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 1,021,910 shares of company stock worth $79,463,804. 0.01% of the stock is owned by insiders.

Cisco Systems 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.