LGT Group Foundation Increases Stake in Cisco Systems, Inc. $CSCO

NodeGuardian · 2026-03-14T00:28:42+00:00

LGT Group Foundation raised its stake in Cisco Systems by 4%, totaling 449,325 shares valued at $30.891 million, after the company reported strong earnings and increased its dividend amid significant AI order demand.

NodeGuardian

2026-03-14 00:28:42

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LGT Group Foundation has increased its stake in Cisco Systems, Inc. by 4.0%, bringing its total holdings to 449,325 shares valued at $30.891 million. This increase follows Cisco’s strong quarterly performance, exceeding EPS and revenue expectations, driven by significant AI order flow and a recent dividend increase to $0.42 per share. Institutional ownership of Cisco stands at 73.33%, with various other funds also adjusting their positions.

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