Achmea Investment Management B.V. Boosts Stock Holdings in Cisco Systems, Inc. $CSCO

Achmea Investment Management B.V. grew its stake in Cisco Systems, Inc. (NASDAQ:CSCOFree Report) by 12.7% in the second quarter, Holdings Channel.com reports. The firm owned 1,022,990 shares of the network equipment provider’s stock after acquiring an additional 115,545 shares during the quarter. Cisco Systems makes up approximately 0.9% of Achmea Investment Management B.V.’s investment portfolio, making the stock its 16th biggest position. Achmea Investment Management B.V.’s holdings in Cisco Systems were worth $70,974,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Financial Connections Group Inc. increased its holdings in shares of Cisco Systems by 89.4% in the second quarter. Financial Connections Group Inc. now owns 409 shares of the network equipment provider’s stock valued at $28,000 after purchasing an additional 193 shares during the last quarter. Pandora Wealth Inc. acquired a new stake in Cisco Systems during the first quarter worth $31,000. Nova Wealth Management Inc. acquired a new stake in Cisco Systems during the first quarter worth $31,000. Brown Shipley& Co Ltd acquired a new stake in Cisco Systems during the second quarter worth $32,000. Finally, Accent Capital Management LLC acquired a new stake in Cisco Systems during the first quarter worth $36,000. Institutional investors and hedge funds own 73.33% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on CSCO shares. Evercore ISI raised their target price on Cisco Systems from $72.00 to $74.00 and gave the stock an “in-line” rating in a research note on Thursday, August 14th. Weiss Ratings restated a “buy (b)” rating on shares of Cisco Systems in a research report on Thursday, October 30th. Piper Sandler raised their price target on Cisco Systems from $64.00 to $70.00 and gave the stock a “neutral” rating in a research report on Thursday, August 14th. Barclays lifted their target price on Cisco Systems from $66.00 to $71.00 and gave the company an “equal weight” rating in a report on Thursday, August 14th. Finally, CICC Research assumed coverage on Cisco Systems in a report on Monday, July 14th. They issued an “outperform” rating and a $78.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $75.50.

Read Our Latest Research Report on Cisco Systems

Cisco Systems Stock Down 0.3%

Cisco Systems stock opened at $72.10 on Thursday. Cisco Systems, Inc. has a 1-year low of $52.11 and a 1-year high of $74.84. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.00 and a quick ratio of 0.91. The stock has a market cap of $284.13 billion, a PE ratio of 27.52, a P/E/G ratio of 3.00 and a beta of 0.97. The stock’s fifty day moving average is $69.12 and its two-hundred day moving average is $66.63.

Cisco Systems (NASDAQ:CSCOGet Free Report) last posted its quarterly earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share for the quarter, beating analysts’ consensus estimates of $0.98 by $0.01. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The company had revenue of $14.67 billion for the quarter, compared to analysts’ expectations of $14.63 billion. During the same period last year, the firm earned $0.87 earnings per share. Cisco Systems’s quarterly revenue was up 7.6% on a year-over-year basis. Cisco Systems has set its Q1 2026 guidance at 0.970-0.990 EPS. FY 2026 guidance at 4.000-4.060 EPS. On average, sell-side analysts expect 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 was paid on Wednesday, October 22nd. Investors of record on Friday, October 3rd were paid a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date was Friday, October 3rd. Cisco Systems’s dividend payout ratio (DPR) is currently 62.60%.

Insider Activity

In related news, EVP Deborah L. Stahlkopf sold 9,783 shares of the firm’s stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $66.60, for a total transaction of $651,547.80. Following the transaction, the executive vice president owned 161,662 shares in the company, valued at $10,766,689.20. This trade represents a 5.71% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Thimaya K. Subaiya sold 7,511 shares of the firm’s stock in a transaction that occurred on Wednesday, August 20th. The stock was sold at an average price of $66.84, for a total value of $502,035.24. Following the transaction, the executive vice president owned 161,467 shares in the company, valued at $10,792,454.28. This represents a 4.44% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 82,965 shares of company stock worth $5,559,996 over the last ninety days. 0.01% of the stock is owned by corporate insiders.

Cisco Systems Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Cisco Systems (NASDAQ:CSCO)

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