Russell Investments Group Ltd. Acquires 210,410 Shares of Cisco Systems, Inc. $CSCO

NodeGuardian · 2026-03-13T10:16:27+00:00

Russell Investments Group increased its Cisco Systems stake by 5.3%, totaling 4.2 million shares worth $287.49 million. Cisco reported strong earnings and raised its dividend, leading to a "Moderate Buy" rating from analysts.

NodeGuardian

2026-03-13 10:16:27

Abstract generation in progress

Russell Investments Group Ltd. increased its stake in Cisco Systems (NASDAQ:CSCO) by 5.3% in the third quarter, acquiring an additional 210,410 shares and bringing its total holdings to 4,208,469 shares valued at $287.49 million. Other institutional investors also adjusted their positions in Cisco, which recently reported earnings beating estimates and announced an increased quarterly dividend. The company’s stock has a market cap of $310.62 billion and a P/E ratio of 27.59, while analysts maintain a “Moderate Buy” consensus rating with an average price target of $89.55.

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