Silvercrest Asset Management Group 13F: Adds $17M to CSCO Stake
Silvercrest Asset Management Group added 147,375 shares of Cisco Systems, Inc. (NasdaqGS: CSCO) during the period, raising its stake by 8.1% to 1,962,931 shares.
Reviewed by automated data checks against the source filing. How we make and check alerts
Silvercrest Asset Management Group added 147,375 shares to its stake in Cisco Systems, Inc. ($CSCO), an 8.12% increase, according to a 13F filing with the SEC dated May 15, 2026. It reported 1,962,931 shares worth $230.57 million at the end of the quarter.
Since the filing, $CSCO is up 1.9% after 1 week, up 1.7% after 1 month and down 8.5% to date (from the $117.31 close on May 15, 2026).
Find the original: Silvercrest Asset Management Group 13F filings on SEC EDGAR
CSCO
Cisco Systems, Inc.
Key Points
- Silvercrest Asset Management Group boosted its holdings in Cisco Systems, Inc. by 8.1%, adding 147,375 shares to finish the period with 1,962,931 shares valued at approximately $230.6 million according to a Form 13F filed with the SEC.
- Cisco shares trade near $117.46, moving within a 52-week band of $68.95 and $130.37 while offering an annual dividend yield of 1.53%.
- Wall Street research desks remain active on the networking equipment provider, which currently holds a consensus buy recommendation backed by 25 analyst opinions and a mean price target of $136.16.
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Silvercrest Asset Management Expands Cisco Position
Silvercrest Asset Management Group increased its investment in Cisco Systems, Inc. (NasdaqGS: CSCO) during the period, picking up 147,375 shares to bring its total ownership to 1,962,931 shares. According to a Form 13F filing with the U.S. Securities and Exchange Commission, the updated stake carried an estimated value of $230,565,873.46 at the close of the reporting window. The move reflects an 8.1% expansion in the firm's position compared to the prior quarter when it held 1,815,556 shares.
Cisco Stock Valuation and Market Range
The networking equipment vendor's shares trade at $117.46 on the NasdaqGS. Over the past year, the equity has moved through a 52-week low of $68.95 and a high of $130.37. The company operates with a trailing price-to-earnings ratio of 33.0 and a forward price-to-earnings ratio of 19.5, reflecting market expectations for future profit expansion.
Recent Earnings and Dividend Profile
Cisco generated $63.32 billion in revenue over the trailing period, achieving a net profit margin of 21.0% alongside a return on equity of 27.3%. The company distributes an annual dividend yield of 1.53% with a payout ratio of 49.9%. Shareholders can look toward the next earnings report scheduled for release on November 12, 2026, for fresh updates on revenue growth and operational margins.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
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Forward outlook
11 analysts raised price targets.
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EPS & revenue
EPS met estimates. Revenue beat estimates by 2.7%.
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Profit surprise
EBITDA missed by 24 percent. Operating income missed by 58 percent.
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Pre-earnings setup
Expectations were about average.
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Analyst signal
1 upgrade, 11 target raises.
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Earnings quality
Gross margin down 1.9 points. Operating margin up 2.4 points. Positive free cash flow.
Earnings Call Summary
Cisco delivered record 15.8 billion dollar revenue in the quarter, up 10 percent year over year, with networking revenue surging 21 percent driven by AI infrastructure demand and campus switching upgrades. The company shipped its millionth Silicon One chip, unveiled its new 102.4 terabit G300 processor, and expects strong AI orders exceeding 5 billion dollars for the year, though security revenue declined 4 percent due to Splunk transition to cloud subscriptions. Strong product order growth of 18 percent, especially from hyperscalers up 65 percent, shows broad momentum despite gross margin compression from memory cost inflation.
Guidance Cisco guided for full-year revenue of about 61.5 billion dollars and earnings per share of 4.15 dollars, putting the company on track for its strongest year. The company also raised its AI infrastructure order target to over 5 billion dollars for fiscal 2026, expecting to recognize more than 3 billion dollars in AI revenue.
Fine but not compelling. Acceptable results that likely do not create a meaningful forward reset.
Wall Street Analyst Adjustments
Equity research analysts have frequently updated their price targets and ratings on the networking firm. On September 30, 2026, Bernstein initiated coverage with a market perform rating and a $110.00 price target. Piper Sandler maintained a neutral rating on September 22, 2026, lowering its target from $132.00 to $125.00. Earlier, on September 1, 2026, Deutsche Bank initiated coverage with a buy rating and a $135.00 price target. HSBC downgraded the stock to a hold on August 14, 2026, while adjusting its target to $120.00. UBS, Truist Securities, Barclays, and Wells Fargo issued updates in mid-August, with price targets spanning from $123.00 to $150.00.
Inside Cisco Systems Operations
Headquartered in San Jose, California, Cisco designs and sells internet infrastructure, cybersecurity tools, collaboration suites, and networking hardware for corporate clients, government agencies, and service providers worldwide. The organization employs 82,400 workers and maintains strategic partnerships, including a collaboration with NVIDIA Corporation to develop high-density optical modules.
Outlook for Institutional Portfolios
Because 13F filings look backward at portfolio allocations at the close of a quarter, they may not reflect Silvercrest Asset Management's current stance. Observers will track future SEC filings and upcoming earnings announcements to monitor how institutional investors adjust their technology sector holdings through the rest of the year.
Related Filing Alerts
Source: Silvercrest Asset Management Group's 13F filing on $CSCO (May 15, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Find the original filing: Silvercrest Asset Management Group 13F filings on SEC EDGAR. Written by software, not financial advice. How we make alerts