Cisco Systems, Inc. $CSCO Shares Bought by Raiffeisen Bank International AG

Raiffeisen Bank International AG increased its position in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 1.1% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 795,427 shares of the network equipment provider’s stock after buying an additional 8,522 shares during the period. Raiffeisen Bank International AG’s holdings in Cisco Systems were worth $54,241,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in the company. Legacy Investment Solutions LLC purchased a new stake in shares of Cisco Systems during the 2nd quarter worth $28,000. Financial Connections Group Inc. lifted its holdings in Cisco Systems by 89.4% during the 2nd quarter. Financial Connections Group Inc. now owns 409 shares of the network equipment provider’s stock worth $28,000 after buying an additional 193 shares during the last quarter. Brown Shipley& Co Ltd acquired a new position in shares of Cisco Systems during the 2nd quarter worth about $32,000. Pandora Wealth Inc. purchased a new position in shares of Cisco Systems in the 1st quarter valued at about $31,000. Finally, Nova Wealth Management Inc. acquired a new stake in shares of Cisco Systems during the 1st quarter worth about $31,000. Hedge funds and other institutional investors own 73.33% of the company’s stock.

Insider Activity

In other news, SVP Maria Victoria Wong sold 428 shares of Cisco Systems stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $68.25, for a total value of $29,211.00. Following the sale, the senior vice president owned 30,619 shares of the company’s stock, valued at $2,089,746.75. The trade was a 1.38% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Oliver Tuszik sold 17,526 shares of the business’s stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $67.95, for a total transaction of $1,190,891.70. Following the transaction, the executive vice president owned 198,855 shares in the company, valued at approximately $13,512,197.25. This trade represents a 8.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 33,089 shares of company stock worth $2,236,383 over the last quarter. Insiders own 0.01% of the company’s stock.

Wall Street Analyst Weigh In

CSCO has been the topic of several recent analyst reports. Weiss Ratings reiterated a “buy (b)” rating on shares of Cisco Systems in a research note on Thursday, October 30th. Barclays lifted their price target on shares of Cisco Systems from $71.00 to $76.00 and gave the stock an “equal weight” rating in a research note on Thursday. Hsbc Global Res downgraded shares of Cisco Systems from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 15th. Rosenblatt Securities raised their price objective on Cisco Systems from $87.00 to $100.00 and gave the stock a “buy” rating in a report on Thursday. Finally, Melius Research boosted their target price on Cisco Systems from $84.00 to $100.00 and gave the company a “buy” rating in a report on Thursday. Sixteen equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $83.75.

Cisco Systems Price Performance

Shares of CSCO opened at $78.00 on Monday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.91 and a current ratio of 1.00. Cisco Systems, Inc. has a fifty-two week low of $52.11 and a fifty-two week high of $79.50. The firm has a 50-day simple moving average of $69.87 and a 200-day simple moving average of $67.56. The company has a market capitalization of $307.38 billion, a price-to-earnings ratio of 29.77, a price-to-earnings-growth ratio of 3.00 and a beta of 0.95.

Cisco Systems (NASDAQ:CSCO) last posted 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 return on equity of 27.06% and a net margin of 18.45%.The company had revenue of $14.88 billion during the quarter, compared to analysts’ expectations of $14.77 billion. During the same period last year, the firm earned $0.91 EPS. The firm’s revenue for the quarter was up 7.5% on a year-over-year basis. Cisco Systems has set its FY 2026 guidance at 4.080-4.140 EPS. Q2 2026 guidance at 1.010-1.030 EPS. On average, equities research analysts anticipate 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. Shareholders 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 dividend on an annualized basis and a yield of 2.1%. Cisco Systems’s dividend payout ratio is presently 61.65%.

About Cisco Systems

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.