Oppenheimer Asset Management Inc. decreased its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCO – Free Report) by 4.4% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 680,608 shares of the network equipment provider’s stock after selling 30,998 shares during the period. Cisco Systems makes up approximately 0.6% of Oppenheimer Asset Management Inc.’s holdings, making the stock its 29th largest position. Oppenheimer Asset Management Inc.’s holdings in Cisco Systems were worth $52,427,000 as of its most recent filing with the SEC.
Several other hedge funds have also made changes to their positions in CSCO. Marquette Asset Management LLC acquired a new stake in shares of Cisco Systems during the third quarter worth $25,000. Board of the Pension Protection Fund acquired a new stake in Cisco Systems in the fourth quarter valued at about $31,000. Cedar Mountain Advisors LLC lifted its position in Cisco Systems by 115.7% in the third quarter. Cedar Mountain Advisors LLC now owns 468 shares of the network equipment provider’s stock valued at $32,000 after purchasing an additional 251 shares during the period. Joseph Group Capital Management acquired a new stake in Cisco Systems in the fourth quarter valued at $38,000. Finally, Holos Integrated Wealth LLC acquired a new stake in Cisco Systems in the fourth quarter valued at $41,000. Institutional investors and hedge funds own 73.33% of the company’s stock.
Cisco Systems Trading Up 2.2%
Cisco Systems stock opened at $91.50 on Friday. The stock has a market cap of $361.41 billion, a PE ratio of 32.11, a P/E/G ratio of 3.38 and a beta of 0.83. The stock has a 50-day moving average price of $81.46 and a 200 day moving average price of $77.93. Cisco Systems, Inc. has a 52 week low of $57.68 and a 52 week high of $91.67. The company has a current ratio of 0.96, a quick ratio of 0.85 and a debt-to-equity ratio of 0.45.
Cisco Systems Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, April 22nd. Shareholders of record on Thursday, April 2nd were paid a $0.42 dividend. This represents a $1.68 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend was Thursday, April 2nd. This is an increase from Cisco Systems’s previous quarterly dividend of $0.41. Cisco Systems’s dividend payout ratio is presently 58.95%.
Insider Buying and Selling
In other news, CEO Charles Robbins sold 19,545 shares of the business’s stock in a transaction on Friday, February 13th. The shares were sold at an average price of $76.00, for a total transaction of $1,485,420.00. Following the completion of the sale, the chief executive officer directly owned 671,095 shares of the company’s stock, valued at $51,003,220. The trade was a 2.83% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Deborah L. Stahlkopf sold 7,981 shares of the business’s stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $79.50, for a total value of $634,489.50. Following the sale, the executive vice president owned 187,097 shares of the company’s stock, valued at $14,874,211.50. The trade was a 4.09% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 46,431 shares of company stock worth $3,574,820 over the last ninety days. Insiders own 0.01% of the company’s stock.
Analysts Set New Price Targets
Several research analysts have recently issued reports on the company. Argus raised Cisco Systems to a “strong-buy” rating in a research note on Friday, February 13th. Truist Financial assumed coverage on Cisco Systems in a research note on Tuesday, March 31st. They set a “buy” rating and a $94.00 price target for the company. BNP Paribas Exane lifted their price target on Cisco Systems from $86.00 to $87.00 and gave the stock an “outperform” rating in a research note on Thursday, February 12th. HSBC lifted their price target on Cisco Systems from $74.00 to $77.00 and gave the stock a “hold” rating in a research note on Friday, February 13th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and issued a $100.00 target price on shares of Cisco Systems in a research note on Thursday, February 12th. Three equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat, Cisco Systems has an average rating of “Moderate Buy” and an average price target of $89.81.
Read Our Latest Research Report on Cisco Systems
Key Cisco Systems News
Here are the key news stories impacting Cisco Systems this week:
- Positive Sentiment: Strong Q2 update and AI infrastructure momentum — analysis highlights that Cisco’s Q2 results, demand for AI networking infrastructure, and an increase to full‑year guidance have driven investor enthusiasm and valuation re-rating. A Look At Cisco (CSCO) Valuation After Strong Q2 Results And AI Infrastructure Momentum
- Positive Sentiment: Daily outperformance note — a Zacks piece flags Cisco as having beaten the broader market upswing in the latest session, reflecting short‑term buying interest. Cisco Systems (CSCO) Beats Stock Market Upswing: What Investors Need to Know
- Positive Sentiment: Independent bullish theses gaining circulation — two recent writeups summarize bullish arguments (valuation gap to growth, secular AI/networking tailwinds) that may attract new buyers. Is Cisco Systems, Inc. (CSCO) A Good Stock To Buy Now? Is Cisco Systems, Inc. (CSCO) A Good Stock To Buy Now?
- Neutral Sentiment: Broader market tailwind — Investopedia notes the best monthly performance for stocks since 2020, a backdrop that has helped cyclical/tech names including Cisco. Market strength is supportive but not company‑specific. Stocks Just Had Their Best Month Since 2020—Here Are The Big Winners
- Neutral Sentiment: Analyst backdrop: modestly positive — coverage summaries show Wall Street remains moderately optimistic but not unanimously bullish; steady analyst sentiment supports but does not guarantee further upside. Is Wall Street Bullish or Bearish on Cisco Systems Stock?
- Neutral Sentiment: Non‑financial reporting — Cisco’s FY25 Purpose Report highlights sustainability and energy-efficiency initiatives; relevant for long‑term ESG-minded investors but unlikely to move the stock in the near term. How We’re Building a Cleaner, More Efficient Energy Supply | Cisco FY25 Purpose Report
- Negative Sentiment: Relative short‑term underperformance vs. peers on some sessions — a MarketWatch note flags days where Cisco lagged competitors, a reminder that momentum can be uneven and valuation gains may invite profit‑taking or rotation. Cisco Systems Inc. stock underperforms Tuesday when compared to competitors
About Cisco Systems
Cisco Systems, Inc is a global technology company that designs, manufactures and sells networking hardware, software and telecommunications equipment. Its core business focuses on enabling enterprise and service-provider networks through products such as routers, switches, network security appliances and wireless systems. Over time Cisco has broadened its portfolio to emphasize software-defined networking, cybersecurity, cloud infrastructure and edge computing solutions that help organizations build and manage modern IT environments.
In addition to hardware, Cisco offers a growing range of software platforms and subscription services for network management, security, analytics and collaboration.
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