LGT Group Foundation Increases Stake in Cisco Systems

Institutional investor boosts holding in network equipment provider

Published on Mar. 9, 2026

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LGT Group Foundation, an institutional investor, increased its stake in Cisco Systems, Inc. (NASDAQ:CSCO) by 4.0% during the 3rd quarter, according to a recent SEC filing. The foundation now owns 449,325 shares of the network equipment provider's stock, valued at $30.9 million.

Why it matters

Cisco Systems is a leading global technology company, and changes in institutional ownership can provide insights into investor sentiment and market trends around the stock. The increase in LGT Group Foundation's stake suggests continued confidence in Cisco's long-term prospects.

The details

According to the filing, LGT Group Foundation purchased an additional 17,121 shares of Cisco Systems during the 3rd quarter, bringing its total holding to 449,325 shares. This represents a 4.0% increase in the foundation's position in the network equipment provider.

  • LGT Group Foundation increased its stake in Cisco Systems during the 3rd quarter of 2026.

The players

LGT Group Foundation

An institutional investor that increased its stake in Cisco Systems, Inc.

Cisco Systems, Inc.

A global technology company that designs, manufactures, and sells networking hardware, software, and telecommunications equipment.

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The takeaway

The increase in LGT Group Foundation's stake in Cisco Systems suggests continued institutional investor confidence in the company's long-term growth prospects, despite broader market uncertainties.