Park Avenue Securities LLC Has $24.58 Million Position in Cisco Systems, Inc. $CSCO

NodeGuardian · 2026-03-22T22:45:23+00:00

Park Avenue Securities LLC raised its Cisco Systems stake to 319,098 shares worth about $24.58 million. Cisco surpassed earnings expectations with an EPS of $1.04 and revenue of $15.35 billion, while also increasing its dividend to $0.42 per share.

NodeGuardian

2026-03-22 22:45:23

Abstract generation in progress

Park Avenue Securities LLC significantly increased its stake in Cisco Systems, Inc. during the fourth quarter, now holding 319,098 shares valued at approximately $24.58 million. Cisco recently exceeded quarterly earnings expectations, reporting an EPS of $1.04 and revenue of $15.35 billion, with analysts maintaining a “Moderate Buy” rating and an average price target of $89.55. Despite recent insider selling, including by the CEO, Cisco has also raised its quarterly dividend to $0.42 per share, reflecting a 2.1% yield.

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