Cisco Systems, Inc.

(NASDAQ Global Select)
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Bullish +72

Cisco Systems, Inc. $CSCO Stock Position Decreased by Boston Trust ...

AI-generated analysis

πŸ“‰ Boston Trust Walden Corp trimmed its Cisco stake by 4.1%, reducing holdings to 1,271,154 shares valued at $98.6 million.

πŸ“ˆ Norges Bank initiated a new position in CSCO worth $4.47 billion during the fourth quarter.

πŸš€ Auto Owners Insurance Co massively increased its stake by 8,718.3%, now owning over 51 million shares.

πŸ“ˆ Price T Rowe Associates boosted its Cisco position by 103.2% to own $2.26 billion in stock.

πŸ“ˆ Arrowstreet Capital and Franklin Resources also increased their stakes by 110.2% and 18.0% respectively.

πŸ’° Citigroup raised its price target from $90 to $112 and upgraded the rating to 'buy'.

πŸ’° Barclays lifted its target price from $76 to $121 with an 'equal weight' rating.

πŸ’° Evercore increased its target to $150 and assigned an 'outperform' rating.

πŸ’° Piper Sandler raised its target to $132, maintaining a 'neutral' stance.

πŸ“Š Cisco reported Q4 EPS of $1.06, beating analyst estimates of $1.03.

πŸ“ˆ Revenue grew 12% year-over-year to $15.84 billion, exceeding expectations of $15.56 billion.

πŸ’΅ The company declared a quarterly dividend of $0.42 per share with an ex-dividend date of July 6th.

πŸ“‰ EVP Thimaya K. Subaiya sold 7,127 shares under a pre-arranged trading plan.

πŸ“‰ EVP Oliver Tuszik sold 2,761 shares under a pre-arranged trading plan.

🏦 Institutional investors own 73.33% of Cisco Systems' outstanding stock.

πŸ’Ή The stock trades at a P/E ratio of 36.59 with a market cap of $444.16 billion.

πŸ“‰ Current ratio stands at 0.92 and debt-to-equity is 0.40.

🎯 Analyst consensus target price is $123.14 based on a 'Moderate Buy' rating.

πŸ“… Q4 2026 EPS guidance ranges between $1.160 and $1.180.

🌐 Cisco focuses on networking hardware, software-defined networking, and cybersecurity solutions.

Bullish Signals
  • Cisco Systems beat quarterly earnings expectations with EPS of $1.06 versus the consensus of $1.03.
  • Revenue increased by 12% year-over-year to reach $15.84 billion, surpassing analyst forecasts of $15.56 billion.
  • Major analysts including Citigroup, Barclays, and Evercore have raised price targets significantly above current trading levels.
  • Norges Bank established a new multi-billion dollar position in the company during the fourth quarter.
  • Price T Rowe Associates increased its stake by over 100%, now holding $2.26 billion in shares.
  • Auto Owners Insurance Co dramatically expanded its holdings, acquiring an additional 51 million shares.
  • The company maintains a healthy dividend yield of 1.5% with a payout ratio of 54.55%.
  • Institutional ownership remains strong at 73.33%, indicating continued confidence from major investors.
  • The stock trades above its 50-day moving average, suggesting short-term momentum.
  • Analyst consensus target price of $123.14 implies significant upside potential from current levels.
Risk Factors
  • Boston Trust Walden Corp reduced its position by 4.1%, trimming holdings to 1.27 million shares.
  • Executive Vice Presidents Thimaya K. Subaiya and Oliver Tuszik sold shares totaling $5.67 million in the last 90 days.
  • The stock trades below its 52-week high of $130.37, currently priced around $112.69.
  • Current ratio of 0.92 and quick ratio of 0.81 indicate liquidity levels slightly below one.
  • P/E ratio of 36.59 suggests the stock is trading at a premium valuation relative to earnings.
Full Analysis
Institutional investors have shown mixed activity regarding Cisco Systems (CSCO) in recent quarters. Boston Trust Walden Corp reduced its stake by 4.1% to 1.27 million shares, while Norges Bank established a new position worth $4.47 billion. Notably, Auto Owners Insurance Co and Price T Rowe Associates significantly increased their holdings, with the latter boosting its stake by over 100% to own nearly $2.26 billion in stock. Analyst sentiment remains robust following Cisco's recent earnings beat. Major firms including Citigroup, Barclays, Evercore, and Piper Sandler have raised their price targets, with consensus estimates pointing to an average target of $123.14. The company reported Q4 EPS of $1.06 against expectations of $1.03, driven by revenue growth of 12% year-over-year to reach $15.84 billion. Cisco continues to provide shareholder returns and maintain a strong balance sheet. The company declared a quarterly dividend of $0.42 per share, payable on July 22nd, resulting in an annualized yield of 1.5%. Financial metrics show a market capitalization of $444.16 billion and a P/E ratio of 36.59, with the stock trading above its 50-day moving average but below its 52-week high. Executive insider activity includes routine sales under pre-arranged Rule 10b5-1 trading plans. EVP Thimaya K. Subaiya and Oliver Tuszik sold shares in June and May respectively, representing small percentage decreases in their personal holdings. Overall, insiders own a negligible 0.01% of the company's stock, while institutional ownership stands at 73.33%.