Truvestments Capital LLC Grows Stock Holdings in Cisco Systems, Inc. $CSCO

Truvestments Capital LLC boosted its stake in Cisco Systems, Inc. (NASDAQ:CSCO) by 14.6% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 7,698 shares of the network equipment provider’s stock after purchasing an additional 983 shares during the quarter. Truvestments Capital LLC’s holdings in Cisco Systems were worth $475,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. Wealth Preservation Advisors LLC purchased a new stake in Cisco Systems in the 1st quarter worth $41,000. Paces Ferry Wealth Advisors LLC lifted its stake in Cisco Systems by 21.6% in the 1st quarter. Paces Ferry Wealth Advisors LLC now owns 6,096 shares of the network equipment provider’s stock worth $376,000 after purchasing an additional 1,081 shares in the last quarter. CreativeOne Wealth LLC lifted its stake in Cisco Systems by 21.5% in the 1st quarter. CreativeOne Wealth LLC now owns 79,421 shares of the network equipment provider’s stock worth $4,901,000 after purchasing an additional 14,067 shares in the last quarter. Ieq Capital LLC lifted its stake in Cisco Systems by 7.3% in the 1st quarter. Ieq Capital LLC now owns 289,224 shares of the network equipment provider’s stock worth $17,848,000 after purchasing an additional 19,707 shares in the last quarter. Finally, Warwick Investment Management Inc. purchased a new stake in Cisco Systems in the 1st quarter worth $258,000. Hedge funds and other institutional investors own 73.33% of the company’s stock.

Analyst Ratings Changes

Several brokerages have commented on CSCO. CICC Research began coverage on shares of Cisco Systems in a research note on Monday, July 14th. They issued an “outperform” rating and a $78.00 price target on the stock. Citigroup boosted their target price on shares of Cisco Systems from $68.00 to $71.00 and gave the stock a “buy” rating in a report on Thursday, May 15th. Barclays boosted their target price on shares of Cisco Systems from $66.00 to $71.00 and gave the stock an “equal weight” rating in a report on Thursday, August 14th. Morgan Stanley boosted their target price on shares of Cisco Systems from $67.00 to $70.00 and gave the stock an “overweight” rating in a report on Friday, July 18th. Finally, William Blair upgraded shares of Cisco Systems to a “hold” rating in a report on Thursday, August 14th. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $74.53.

Cisco Systems Stock Performance

Shares of NASDAQ:CSCO opened at $68.44 on Thursday. The company has a market capitalization of $271.02 billion, a price-to-earnings ratio of 26.12, a PEG ratio of 2.90 and a beta of 0.91. Cisco Systems, Inc. has a 12 month low of $47.85 and a 12 month high of $72.55. The firm’s 50-day moving average is $68.34 and its 200 day moving average is $63.67. The company has a current ratio of 1.01, a quick ratio of 0.92 and a debt-to-equity ratio of 0.49.

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

Cisco Systems Dividend Announcement

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

Insider Activity at Cisco Systems

In other Cisco Systems news, CEO Charles Robbins sold 30,557 shares of the business’s stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $66.63, for a total value of $2,036,012.91. Following the completion of the sale, the chief executive officer directly owned 639,000 shares of the company’s stock, valued at $42,576,570. The trade was a 4.56% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Thimaya K. Subaiya sold 8,726 shares of the business’s stock in a transaction dated Tuesday, June 17th. The shares were sold at an average price of $65.54, for a total transaction of $571,902.04. Following the completion of the sale, the executive vice president directly owned 174,669 shares of the company’s stock, valued at approximately $11,447,806.26. This trade represents a 4.76% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 119,095 shares of company stock worth $7,841,167 in the last three months. 0.01% of the stock is owned by insiders.

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.