Voya Investment Management LLC Cuts Holdings in Cisco Systems, Inc. $CSCO

Voya Investment Management LLC trimmed its position in Cisco Systems, Inc. (NASDAQ:CSCO) by 13.9% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 11,793,912 shares of the network equipment provider’s stock after selling 1,903,940 shares during the period. Cisco Systems comprises 0.8% of Voya Investment Management LLC’s investment portfolio, making the stock its 14th biggest position. Voya Investment Management LLC’s holdings in Cisco Systems were worth $806,765,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the business. Brighton Jones LLC grew its position in shares of Cisco Systems by 49.5% during the 4th quarter. Brighton Jones LLC now owns 74,187 shares of the network equipment provider’s stock valued at $4,392,000 after acquiring an additional 24,562 shares during the period. Revolve Wealth Partners LLC lifted its stake in Cisco Systems by 37.0% in the fourth quarter. Revolve Wealth Partners LLC now owns 9,156 shares of the network equipment provider’s stock valued at $542,000 after purchasing an additional 2,474 shares during the last quarter. Capital Analysts LLC grew its holdings in Cisco Systems by 0.7% during the first quarter. Capital Analysts LLC now owns 60,444 shares of the network equipment provider’s stock valued at $3,730,000 after purchasing an additional 410 shares during the period. Accredited Wealth Management LLC increased its position in Cisco Systems by 173.9% in the first quarter. Accredited Wealth Management LLC now owns 1,693 shares of the network equipment provider’s stock worth $104,000 after buying an additional 1,075 shares during the last quarter. Finally, Tiemann Investment Advisors LLC raised its stake in shares of Cisco Systems by 3.6% in the first quarter. Tiemann Investment Advisors LLC now owns 18,477 shares of the network equipment provider’s stock valued at $1,140,000 after buying an additional 650 shares during the period. 73.33% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on CSCO. Morgan Stanley upped their price target on Cisco Systems from $82.00 to $91.00 and gave the company an “overweight” rating in a research report on Wednesday. Rosenblatt Securities upped their price objective on shares of Cisco Systems from $87.00 to $100.00 and gave the company a “buy” rating in a report on Thursday, November 13th. UBS Group increased their target price on shares of Cisco Systems from $88.00 to $90.00 and gave the stock a “buy” rating in a research report on Thursday, November 13th. Weiss Ratings reiterated a “buy (b)” rating on shares of Cisco Systems in a research note on Thursday, October 30th. Finally, CICC Research upped their price target on shares of Cisco Systems from $78.00 to $84.00 and gave the company an “outperform” rating in a research note on Friday, November 14th. Seventeen investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $84.55.

Insider Activity at Cisco Systems

In other news, Director Kristina M. Johnson sold 13,481 shares of the business’s stock in a transaction dated Thursday, December 18th. The stock was sold at an average price of $77.13, for a total transaction of $1,039,789.53. Following the completion of the transaction, the director owned 61,630 shares of the company’s stock, valued at approximately $4,753,521.90. The trade was a 17.95% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Charles Robbins sold 116,734 shares of the company’s stock in a transaction that occurred on Tuesday, November 18th. The stock was sold at an average price of $77.30, for a total transaction of $9,023,538.20. Following the completion of the transaction, the chief executive officer owned 704,153 shares in the company, valued at approximately $54,431,026.90. This trade represents a 14.22% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 1,017,865 shares of company stock valued at $79,312,702 in the last ninety days. 0.01% of the stock is currently owned by corporate insiders.

Cisco Systems Trading Up 1.3%

Shares of Cisco Systems stock opened at $76.95 on Friday. The company’s 50-day moving average price is $74.38 and its 200-day moving average price is $70.07. The company has a current ratio of 0.93, a quick ratio of 0.83 and a debt-to-equity ratio of 0.46. Cisco Systems, Inc. has a 12-month low of $52.11 and a 12-month high of $80.82. The company has a market cap of $304.04 billion, a price-to-earnings ratio of 28.93, a PEG ratio of 2.87 and a beta of 0.87.

Cisco Systems (NASDAQ:CSCO) last posted its earnings results 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 net margin of 18.38% and a return on equity of 27.29%. The business had revenue of $14.88 billion for the quarter, compared to analyst estimates of $14.77 billion. During the same quarter in the prior year, the firm posted $0.91 EPS. Cisco Systems’s revenue was up 7.5% on a year-over-year basis. 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. On average, equities analysts expect that Cisco Systems, Inc. will post 3.04 earnings per share for the current fiscal year.

Cisco Systems Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 21st. Investors 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 2.1%. The ex-dividend date is Friday, January 2nd. Cisco Systems’s dividend payout ratio (DPR) is 61.65%.

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.