Cardinal Point Capital Management ULC Has $18.44 Million Position in Cisco Systems, Inc. $CSCO

Posted by Casey Walker on Jun 25th, 2026

Cardinal Point Capital Management ULC lowered its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCO – Free Report) by 2.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 237,609 shares of the network equipment provider’s stock after selling 6,556 shares during the quarter. Cisco Systems comprises about 1.1% of Cardinal Point Capital Management ULC’s investment portfolio, making the stock its 23rd biggest position. Cardinal Point Capital Management ULC’s holdings in Cisco Systems were worth $18,436,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the business. Ritholtz Wealth Management lifted its holdings in Cisco Systems by 3.4% in the 1st quarter. Ritholtz Wealth Management now owns 116,736 shares of the network equipment provider’s stock worth $9,058,000 after purchasing an additional 3,826 shares during the last quarter. Breakwater Capital Group raised its position in shares of Cisco Systems by 10.9% in the first quarter. Breakwater Capital Group now owns 12,433 shares of the network equipment provider’s stock valued at $965,000 after purchasing an additional 1,220 shares during the period. Global Financial Private Client LLC lifted its stake in shares of Cisco Systems by 10.2% in the first quarter. Global Financial Private Client LLC now owns 48,106 shares of the network equipment provider’s stock worth $3,733,000 after buying an additional 4,441 shares during the last quarter. Corundum Group Inc. lifted its stake in shares of Cisco Systems by 9.7% in the first quarter. Corundum Group Inc. now owns 20,198 shares of the network equipment provider’s stock worth $1,567,000 after buying an additional 1,778 shares during the last quarter. Finally, KFA Private Wealth Group LLC boosted its holdings in shares of Cisco Systems by 3.5% during the 1st quarter. KFA Private Wealth Group LLC now owns 6,011 shares of the network equipment provider’s stock worth $466,000 after buying an additional 202 shares during the period. 73.33% of the stock is owned by institutional investors and hedge funds.

Cisco Systems Trading Down 1.2%

Shares of Cisco Systems stock opened at $119.70 on Thursday. Cisco Systems, Inc. has a 12-month low of $65.75 and a 12-month high of $130.37. The stock has a market capitalization of $471.81 billion, a P/E ratio of 38.86, a price-to-earnings-growth ratio of 3.09 and a beta of 1.01. The company has a 50-day simple moving average of $108.44 and a 200 day simple moving average of $89.00. 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 – Get Free Report) last announced its earnings results on Wednesday, May 13th. The network equipment provider reported $1.06 EPS for the quarter, topping the consensus estimate of $1.03 by $0.03. The business had revenue of $15.84 billion for the quarter, compared to the consensus estimate of $15.56 billion. Cisco Systems had a return on equity of 28.44% and a net margin of 20.14%.Cisco Systems’s revenue was up 12.0% compared to the same quarter last year. During the same period in the previous year, the business earned $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. Research analysts expect that Cisco Systems, Inc. will post 3.54 earnings per share for the current fiscal year.

Cisco Systems Announces Dividend

The company 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 $0.42 dividend. 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 presently 54.55%.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on CSCO shares. Bank of America boosted their target price on shares of Cisco Systems from $135.00 to $150.00 and gave the stock a “buy” rating in a research report on Monday, June 8th. Citigroup lifted their price objective on Cisco Systems from $90.00 to $112.00 and gave the stock a “buy” rating in a research note on Thursday, May 14th. UBS Group boosted their price objective on Cisco Systems from $95.00 to $132.00 and gave the stock a “buy” rating in a research report on Thursday, May 14th. Zacks Research downgraded Cisco Systems from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 13th. Finally, Piper Sandler lifted their price target on Cisco Systems from $86.00 to $132.00 and gave the stock a “neutral” rating in a research report on Thursday, May 14th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat, Cisco Systems presently has a consensus rating of “Moderate Buy” and an average price target of $122.90.

View Our Latest Stock Analysis on CSCO

More Cisco Systems News

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

Positive Sentiment: A Supreme Court decision dismissed a long-running lawsuit accusing Cisco of aiding persecution in China, removing a legal overhang and reducing litigation risk for the company. US Supreme Court ends suit alleging Cisco helped China pursue Falun Gong
Positive Sentiment: Articles highlighted Cisco’s growing role in the AI infrastructure boom, including Acacia/800G optics orders and “secure AI factory” initiatives, reinforcing the company’s growth narrative and supporting analyst optimism. Why Cisco’s (CSCO) Acacia Orders Give It a Clearer Role in the 800G AI Optics Cycle
Positive Sentiment: Bank of America reportedly raised its price target on Cisco to $150 from $135 and kept a Buy rating, signaling continued Wall Street confidence in the stock’s longer-term upside. Why Cisco’s (CSCO) Acacia Orders Give It a Clearer Role in the 800G AI Optics Cycle
Neutral Sentiment: Several commentary pieces described Cisco as a “hold” near its 52-week high, suggesting the market sees strong fundamentals but limited near-term upside after a big run. Cisco at $121: Buy, Sell or Hold?
Neutral Sentiment: Other coverage said Cisco is now viewed more as a value stock in a volatile tech market, which may attract buyers but also reflects mixed positioning by investors. Cisco (NASDAQ:CSCO) Emerges As A Value Stock In A Volatile Tech Market
Negative Sentiment: Some analysts and articles warned that Cisco’s AI-led growth is coming with pressure on the company’s historically high-margin profile, creating concern that profits may be less resilient than the revenue growth story suggests. Everyone Is Watching Cisco Stock’s AI Orders. Here’s The Number They Stopped Bragging About.
Negative Sentiment: Recent trading updates show Cisco underperforming the broader market on the day, indicating some profit-taking after a strong run. Cisco Systems (CSCO) Dips More Than Broader Market: What You Should Know

Insider Activity

In related news, EVP Thimaya K. Subaiya sold 7,127 shares of Cisco Systems stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $119.91, for a total transaction of $854,598.57. Following the completion of the sale, the executive vice president directly owned 140,857 shares of the company’s stock, valued at $16,890,162.87. The trade was a 4.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Deborah L. Stahlkopf sold 6,586 shares of the business’s stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $117.31, for a total value of $772,603.66. Following the transaction, the executive vice president owned 177,223 shares of the company’s stock, valued at $20,790,030.13. The trade was a 3.58% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 47,650 shares of company stock worth $5,668,823. Corporate insiders own 0.01% of the company’s stock.

About Cisco Systems

(Free Report)

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.