TrustBank Buys Shares of 8,087 Cisco Systems, Inc. $CSCO

TrustBank bought a new stake in Cisco Systems, Inc. (NASDAQ:CSCO) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 8,087 shares of the network equipment provider’s stock, valued at approximately $623,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of CSCO. Arrowstreet Capital Limited Partnership lifted its holdings in Cisco Systems by 110.2% in the third quarter. Arrowstreet Capital Limited Partnership now owns 18,406,442 shares of the network equipment provider’s stock valued at $1,259,369,000 after acquiring an additional 9,648,265 shares during the period. Wellington Management Group LLP lifted its holdings in Cisco Systems by 19.5% in the third quarter. Wellington Management Group LLP now owns 33,748,414 shares of the network equipment provider’s stock valued at $2,309,066,000 after acquiring an additional 5,498,375 shares during the period. Invesco Ltd. lifted its holdings in Cisco Systems by 10.5% in the third quarter. Invesco Ltd. now owns 53,612,720 shares of the network equipment provider’s stock valued at $3,668,182,000 after acquiring an additional 5,081,469 shares during the period. Vanguard Group Inc. lifted its holdings in Cisco Systems by 1.0% in the fourth quarter. Vanguard Group Inc. now owns 398,943,293 shares of the network equipment provider’s stock valued at $30,730,602,000 after acquiring an additional 4,049,893 shares during the period. Finally, Bank Julius Baer & Co. Ltd Zurich lifted its holdings in Cisco Systems by 875.6% in the fourth quarter. Bank Julius Baer & Co. Ltd Zurich now owns 4,084,965 shares of the network equipment provider’s stock valued at $314,925,000 after acquiring an additional 3,666,258 shares during the period. Institutional investors and hedge funds own 73.33% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on CSCO. The Goldman Sachs Group raised their price target on Cisco Systems from $75.00 to $116.00 and gave the company a “neutral” rating in a research report on Thursday, May 14th. Wall Street Zen cut Cisco Systems from a “buy” rating to a “hold” rating in a research report on Saturday, March 14th. Citic Securities raised their price target on Cisco Systems from $90.00 to $130.00 in a research report on Friday, May 15th. UBS Group raised their price target on Cisco Systems from $95.00 to $132.00 and gave the company a “buy” rating in a research report on Thursday, May 14th. Finally, Zacks Research cut Cisco Systems from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 13th. Two research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $119.09.

Key Stories Impacting Cisco Systems

Here are the key news stories impacting Cisco Systems this week:

• Positive Sentiment: Bank of America raised Cisco’s price target to $135 from $114 and kept a Buy rating, citing stronger demand for high-speed optical networking equipment tied to AI infrastructure spending. BofA raises Cisco, Ciena targets as AI optics boom accelerates
• Positive Sentiment: Rosenblatt also raised its price target on Cisco to $150 from $100 and maintained a Buy rating after the company’s latest quarterly results, reinforcing bullish sentiment around the post-earnings setup. Rosenblatt Raises its Price Target on Cisco Systems (CSCO)
• Positive Sentiment: Coverage highlighted Cisco as a major beneficiary of the AI networking buildout, with investors increasingly favoring Cisco over some peers in the AI infrastructure trade. Cisco Soars 32% in a Month, Arista Falls 10%, Broadcom Drifts: The AI Networking Trade Has a Clear Winner
• Positive Sentiment: Recent reports said Cisco and NVIDIA delivered record results this earnings cycle, suggesting Cisco is benefiting from strong AI-driven demand trends. AI Buildout Fuels Record Results for These Companies
• Neutral Sentiment: Articles comparing Nvidia’s growth trajectory to Cisco’s 1990s expansion keep Cisco in the market conversation, but this is more of a valuation/history narrative than a direct catalyst. Nvidia Sales Growth Looks Like Cisco. That’s Not Necessarily a Bad Thing.

Insider Activity

In related news, SVP Maria Victoria Wong sold 551 shares of Cisco Systems stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $77.54, for a total transaction of $42,724.54. Following the completion of the sale, the senior vice president owned 27,957 shares in the company, valued at approximately $2,167,785.78. This trade represents a 1.93% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Oliver Tuszik sold 2,761 shares of Cisco Systems stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $114.61, for a total value of $316,438.21. Following the sale, the executive vice president owned 180,877 shares of the company’s stock, valued at approximately $20,730,312.97. This represents a 1.50% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 29,924 shares of company stock worth $2,991,192 in the last quarter. Corporate insiders own 0.01% of the company’s stock.

Cisco Systems Trading Down 1.7%

Shares of CSCO stock opened at $118.33 on Wednesday. The stock has a market cap of $466.39 billion, a P/E ratio of 38.42, a P/E/G ratio of 3.66 and a beta of 0.92. The business has a fifty day simple moving average of $90.99 and a 200-day simple moving average of $82.24. Cisco Systems, Inc. has a fifty-two week low of $62.30 and a fifty-two week high of $120.79. The company has a quick ratio of 0.81, a current ratio of 0.92 and a debt-to-equity ratio of 0.40.

Cisco Systems (NASDAQ:CSCO) last posted its quarterly earnings data on Wednesday, May 13th. The network equipment provider reported $1.06 EPS for the quarter, topping analysts’ consensus estimates of $1.03 by $0.03. The firm had revenue of $15.84 billion during the quarter, compared to analysts’ expectations of $15.56 billion. Cisco Systems had a return on equity of 28.44% and a net margin of 20.14%.The firm’s quarterly revenue was up 12.0% compared to the same quarter last year. During the same quarter last year, the business posted $0.96 EPS. Cisco Systems has set its Q4 2026 guidance at 1.160-1.180 EPS and its FY 2026 guidance at 4.270-4.290 EPS. On average, analysts forecast that Cisco Systems, Inc. will post 3.44 earnings per share for the current fiscal year.

Cisco Systems Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 22nd. Investors of record on Monday, July 6th will be given a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date is Monday, July 6th. Cisco Systems’s dividend payout ratio (DPR) is currently 54.55%.

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.