Kelly Lawrence W & Associates Inc. CA Has $3.34 Million Stock Position in Cisco Systems, Inc. $CSCO

Kelly Lawrence W & Associates Inc. CA lowered its holdings in Cisco Systems, Inc. (NASDAQ:CSCO) by 6.7% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 54,187 shares of the network equipment provider’s stock after selling 3,875 shares during the quarter. Kelly Lawrence W & Associates Inc. CA’s holdings in Cisco Systems were worth $3,344,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its holdings in Cisco Systems by 0.5% in the 1st quarter. Vanguard Group Inc. now owns 388,949,854 shares of the network equipment provider’s stock valued at $24,002,095,000 after buying an additional 1,865,648 shares during the last quarter. Northern Trust Corp grew its holdings in Cisco Systems by 11.4% in the 4th quarter. Northern Trust Corp now owns 47,238,258 shares of the network equipment provider’s stock valued at $2,796,505,000 after buying an additional 4,832,813 shares during the last quarter. Invesco Ltd. grew its holdings in Cisco Systems by 10.4% in the 1st quarter. Invesco Ltd. now owns 47,117,146 shares of the network equipment provider’s stock valued at $2,907,599,000 after buying an additional 4,437,450 shares during the last quarter. Goldman Sachs Group Inc. grew its holdings in Cisco Systems by 37.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 46,973,293 shares of the network equipment provider’s stock valued at $2,898,722,000 after buying an additional 12,775,066 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of Cisco Systems by 7.8% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 36,471,275 shares of the network equipment provider’s stock worth $2,159,099,000 after purchasing an additional 2,637,006 shares in the last quarter. Institutional investors and hedge funds own 73.33% of the company’s stock.

Cisco Systems Trading Down 0.1%

CSCO stock opened at $67.02 on Friday. The company has a market cap of $265.40 billion, a P/E ratio of 25.58, a PEG ratio of 2.86 and a beta of 0.91. Cisco Systems, Inc. has a twelve month low of $47.85 and a twelve month high of $72.55. The company has a quick ratio of 0.92, a current ratio of 1.01 and a debt-to-equity ratio of 0.49. The business has a fifty day moving average of $68.13 and a 200-day moving average of $63.51.

Cisco Systems (NASDAQ:CSCO) last released its earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share for the quarter, topping analysts’ consensus estimates of $0.98 by $0.01. The company had revenue of $14.67 billion during the quarter, compared to the consensus estimate of $14.63 billion. Cisco Systems had a return on equity of 27.02% and a net margin of 18.45%.The firm’s quarterly revenue was up 7.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.87 earnings per share. Cisco Systems has set its Q1 2026 guidance at 0.970-0.990 EPS. FY 2026 guidance at 4.000-4.060 EPS. As a group, equities research analysts expect that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 22nd. Stockholders of record on Friday, October 3rd will be given a dividend of $0.41 per share. The ex-dividend date is Friday, October 3rd. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.4%. Cisco Systems’s payout ratio is presently 62.60%.

Insider Activity at Cisco Systems

In related news, EVP Deborah L. Stahlkopf sold 9,783 shares of Cisco Systems stock in a transaction on Friday, August 15th. The stock was sold at an average price of $66.60, for a total transaction of $651,547.80. Following the completion of the sale, the executive vice president directly owned 161,662 shares of the company’s stock, valued at $10,766,689.20. The trade was a 5.71% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Thimaya K. Subaiya sold 7,511 shares of Cisco Systems stock in a transaction on Wednesday, August 20th. The stock was sold at an average price of $66.84, for a total value of $502,035.24. Following the sale, the executive vice president directly owned 161,467 shares of the company’s stock, valued at approximately $10,792,454.28. This trade represents a 4.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 135,118 shares of company stock valued at $8,847,167 over the last quarter. 0.01% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several analysts have recently weighed in on the company. Bank of America lifted their price objective on Cisco Systems from $76.00 to $85.00 and gave the stock a “buy” rating in a report on Thursday, August 14th. New Street Research restated a “neutral” rating and set a $70.00 target price on shares of Cisco Systems in a research report on Friday, May 16th. Morgan Stanley raised their target price on Cisco Systems from $67.00 to $70.00 and gave the stock an “overweight” rating in a research report on Friday, July 18th. William Blair upgraded Cisco Systems to a “hold” rating in a research report on Thursday, August 14th. Finally, Hsbc Global Res downgraded Cisco Systems from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 15th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and ten have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $74.53.

Cisco Systems Company Profile

Cisco Systems, Inc designs, manufactures, and sells Internet Protocol based networking and other products related to the communications and information technology industry in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and China. The company also offers switching portfolio encompasses campus switching as well as data center switching; enterprise routing portfolio interconnects public and private wireline and mobile networks, delivering highly secure, and reliable connectivity to campus, data center and branch networks; wireless products include wireless access points and controllers; and compute portfolio including the cisco unified computing system, hyperflex, and software management capabilities, which combine computing, networking, and storage infrastructure management and virtualization.