Stevens Capital Management LP Purchases Shares of 21,460 Cisco Systems, Inc. $CSCO

Stevens Capital Management LP acquired a new position in Cisco Systems, Inc. (NASDAQ:CSCO) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 21,460 shares of the network equipment provider’s stock, valued at approximately $1,489,000.

Other large investors also recently modified their holdings of the company. Legacy Investment Solutions LLC purchased a new stake in Cisco Systems in the 2nd quarter valued at $28,000. Financial Connections Group Inc. raised 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. Brown Shipley& Co Ltd bought a new position in shares of Cisco Systems during the second quarter valued at about $32,000. Pandora Wealth Inc. bought a new stake in Cisco Systems in the 1st quarter worth about $31,000. Finally, Nova Wealth Management Inc. purchased a new position in shares of Cisco Systems in the 1st quarter worth approximately $31,000. Institutional investors own 73.33% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently issued reports on CSCO. Wells Fargo & Company raised their target price on Cisco Systems from $83.00 to $95.00 and gave the company an “overweight” rating in a research report on Thursday, November 13th. Morgan Stanley raised their price objective on shares of Cisco Systems from $77.00 to $82.00 and gave the stock an “overweight” rating in a report on Thursday, November 13th. CICC Research lifted their price objective on shares of Cisco Systems from $78.00 to $84.00 and gave the stock an “outperform” rating in a research report on Friday, November 14th. Barclays increased their target price on shares of Cisco Systems from $71.00 to $76.00 and gave the company an “equal weight” rating in a research report on Thursday, November 13th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Cisco Systems from $80.00 to $90.00 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 stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $84.14.

Cisco Systems Price Performance

Cisco Systems stock opened at $76.10 on Friday. The firm has a market capitalization of $300.68 billion, a P/E ratio of 29.05, a PEG ratio of 3.00 and a beta of 0.95. Cisco Systems, Inc. has a one year low of $52.11 and a one year high of $80.06. 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 business has a fifty day moving average price of $70.84 and a 200-day moving average price of $68.07.

Cisco Systems (NASDAQ:CSCO) last released its quarterly earnings data on Wednesday, November 12th. The network equipment provider reported $1.00 earnings per share (EPS) for the quarter, beating 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 for the quarter, compared to analyst estimates of $14.77 billion. During the same period in the previous year, the company posted $0.91 EPS. The firm’s revenue for the quarter 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. Q2 2026 guidance at 1.010-1.030 EPS. As a group, equities research analysts forecast that Cisco Systems, Inc. will post 3.04 EPS 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 $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date is Friday, January 2nd. Cisco Systems’s dividend payout ratio (DPR) is 61.65%.

Insider Buying and Selling at Cisco Systems

In other news, insider Jeetendra I. Patel sold 163,896 shares of the company’s stock in a transaction on Friday, November 14th. The shares were sold at an average price of $77.86, for a total value of $12,760,942.56. Following the transaction, the insider 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 document filed with the SEC, which can be accessed through the SEC website. Also, EVP Oliver Tuszik sold 5,425 shares of Cisco Systems stock in a transaction on Friday, November 14th. The shares were sold at an average price of $76.56, for a total value of $415,338.00. Following the sale, the executive vice president directly owned 210,408 shares of the company’s stock, valued at $16,108,836.48. This represents a 2.51% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,017,988 shares of company stock worth $79,085,621 in the last ninety days. Insiders own 0.01% 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.