Polar Asset Management Partners Inc. Lowers Stock Position in Cisco Systems, Inc. $CSCO

Polar Asset Management Partners Inc. reduced its stake in Cisco Systems, Inc. (NASDAQ:CSCO) by 46.6% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 42,702 shares of the network equipment provider’s stock after selling 37,211 shares during the quarter. Polar Asset Management Partners Inc.’s holdings in Cisco Systems were worth $5,016,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. Brighton Jones LLC lifted its stake in Cisco Systems by 49.5% during the fourth quarter. Brighton Jones LLC now owns 74,187 shares of the network equipment provider’s stock worth $4,392,000 after purchasing an additional 24,562 shares in the last quarter. Revolve Wealth Partners LLC grew its stake in shares of 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 buying an additional 2,474 shares in the last quarter. Sivia Capital Partners LLC grew its stake in shares of Cisco Systems by 7.5% in the second quarter. Sivia Capital Partners LLC now owns 10,178 shares of the network equipment provider’s stock valued at $706,000 after buying an additional 712 shares in the last quarter. Schnieders Capital Management LLC. raised its holdings in shares of Cisco Systems by 3.9% in the 2nd quarter. Schnieders Capital Management LLC. now owns 13,974 shares of the network equipment provider’s stock valued at $969,000 after buying an additional 519 shares during the period. Finally, Marshall Wace LLP lifted its stake in Cisco Systems by 118.1% during the 2nd quarter. Marshall Wace LLP now owns 90,650 shares of the network equipment provider’s stock worth $6,289,000 after acquiring an additional 590,650 shares in the last quarter. Hedge funds and other institutional investors own 73.33% of the company’s stock.

Insider Transactions at Cisco Systems

In other Cisco Systems news, EVP Oliver Tuszik sold 2,760 shares of the stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $112.46, for a total value of $310,389.60. Following the sale, the executive vice president directly owned 165,276 shares of the company’s stock, valued at approximately $18,586,938.96. This represents a 1.64% decrease in their position. The sale was disclosed in a document filed with the SEC, 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 6,487 shares of the firm’s stock in a transaction on Friday, August 14th. The shares were sold at an average price of $111.53, for a total transaction of $723,495.11. Following the completion of the sale, the executive vice president owned 167,116 shares in the company, valued at $18,638,447.48. The trade was a 3.74% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 53,611 shares of company stock valued at $6,066,680 over the last quarter. Insiders own 0.01% of the company’s stock.

Cisco Systems Trading Up 0.8%

CSCO opened at $111.11 on Wednesday. Cisco Systems, Inc. has a 12 month low of $66.13 and a 12 month high of $130.37. The stock has a market capitalization of $437.93 billion, a price-to-earnings ratio of 33.27, a PEG ratio of 2.16 and a beta of 1.02. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.93 and a quick ratio of 0.79. The business has a fifty day moving average price of $115.65 and a 200 day moving average price of $100.78.

Cisco Systems (NASDAQ:CSCO) last issued its quarterly earnings results on Wednesday, August 12th. The network equipment provider reported $1.22 earnings per share for the quarter, topping the consensus estimate of $1.17 by $0.05. The company had revenue of $17.25 billion for the quarter, compared to the consensus estimate of $16.84 billion. Cisco Systems had a return on equity of 30.16% and a net margin of 20.95%.Cisco Systems’s revenue was up 17.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.99 EPS. Cisco Systems has set its FY 2027 guidance at 5.050-5.110 EPS and its Q1 2027 guidance at 1.320-1.340 EPS. Sell-side analysts expect that Cisco Systems, Inc. will post 4.44 earnings per share for the current fiscal year.

Cisco Systems Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 21st. Investors of record on Friday, October 2nd will be issued a $0.42 dividend. The ex-dividend date of this dividend is Friday, October 2nd. This represents a $1.68 annualized dividend and a yield of 1.5%. Cisco Systems’s dividend payout ratio (DPR) is 50.30%.

Wall Street Analysts Forecast Growth

CSCO has been the subject of a number of research analyst reports. New Street Research raised their target price on Cisco Systems from $82.00 to $122.00 and gave the company a “neutral” rating in a report on Thursday, May 14th. UBS Group boosted their price target on shares of Cisco Systems from $132.00 to $138.00 and gave the stock a “buy” rating in a research note on Thursday, August 13th. The Goldman Sachs Group increased their price target on shares of Cisco Systems from $116.00 to $125.00 and gave the stock a “neutral” rating in a research report on Wednesday, June 3rd. Bank of America lifted their price objective on shares of Cisco Systems from $135.00 to $150.00 and gave the company a “buy” rating in a report on Monday, June 8th. Finally, Wells Fargo & Company upped their target price on shares of Cisco Systems from $130.00 to $150.00 and gave the stock an “overweight” rating in a research note on Thursday, August 13th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $129.43.

Key Stories Impacting Cisco Systems

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

• Positive Sentiment: Expanded NVIDIA and Supermicro partnership: Cisco is adding Supermicro (NASDAQ: SMCI) rack-scale AI servers to its NVIDIA-backed Secure AI Factory offering. The combined architecture pairs Cisco networking and security with high-performance computing, potentially helping Cisco capture more spending from hyperscalers, neoclouds, sovereign clouds and enterprise AI deployments. Cisco Expands Secure AI Factory with NVIDIA for the Rack-Scale Era
• Positive Sentiment: AI infrastructure demand is broadening: Cisco’s expanded offering is designed to address the power, cooling, security and data-control requirements of increasingly demanding AI workloads. The initiative may increase Cisco’s content per deployment and make its products more relevant as customers seek integrated, quickly deployable systems. Exclusive: Cisco expands Nvidia partnership for AI data center boom
• Positive Sentiment: Supportive analyst sentiment: Cisco’s average brokerage recommendation remains bullish, while recent coverage points to strong AI-related orders and upbeat fiscal 2027 infrastructure revenue guidance. This follows the company’s latest earnings beat and could reinforce confidence in its growth outlook. Wall Street Bulls Look Optimistic About Cisco
• Neutral Sentiment: New Canadian offering: Cisco launched sovereign critical-infrastructure solutions in Canada, giving governments and organizations more control over data and technology choices. The announcement supports Cisco’s public-sector and sovereign-cloud strategy, but near-term financial impact is unclear. Cisco Launches Sovereign Critical Infrastructure in Canada
• Negative Sentiment: Valuation and execution risks: Cisco trades at a relatively elevated earnings multiple after its recent rally, and investors previously sold the stock despite strong results and guidance. Cisco also faces competition from NVIDIA, Supermicro and other AI-connectivity suppliers, which could limit margins or market share.

Cisco Systems Company Profile

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.