Lineweaver Wealth Advisors LLC Has $1.64 Million Stock Holdings in Cisco Systems, Inc. $CSCO

Lineweaver Wealth Advisors LLC increased its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 7.4% in the 2nd quarter, Holdings Channel.com reports. The firm owned 23,685 shares of the network equipment provider’s stock after acquiring an additional 1,627 shares during the quarter. Lineweaver Wealth Advisors LLC’s holdings in Cisco Systems were worth $1,643,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Vanguard Group Inc. increased its stake in Cisco Systems by 0.5% during the first quarter. Vanguard Group Inc. now owns 388,949,854 shares of the network equipment provider’s stock valued at $24,002,095,000 after acquiring an additional 1,865,648 shares during the period. Invesco Ltd. increased its stake in Cisco Systems by 10.4% during the first quarter. Invesco Ltd. now owns 47,117,146 shares of the network equipment provider’s stock valued at $2,907,599,000 after acquiring an additional 4,437,450 shares during the period. Goldman Sachs Group Inc. increased its stake in Cisco Systems by 37.4% during the first 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 acquiring an additional 12,775,066 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Cisco Systems by 3.6% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 37,797,629 shares of the network equipment provider’s stock valued at $2,332,492,000 after acquiring an additional 1,326,354 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in Cisco Systems by 7.8% during the fourth 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 valued at $2,159,099,000 after acquiring an additional 2,637,006 shares during the period. Institutional investors and hedge funds own 73.33% of the company’s stock.

Cisco Systems Stock Down 0.1%

NASDAQ:CSCO opened at $66.93 on Wednesday. The stock’s fifty day moving average price is $68.17 and its two-hundred day moving average price is $64.04. Cisco Systems, Inc. has a 52-week low of $50.27 and a 52-week high of $72.55. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.91 and a current ratio of 1.00. The company has a market cap of $264.59 billion, a price-to-earnings ratio of 25.55, a P/E/G ratio of 2.82 and a beta of 0.99.

Cisco Systems (NASDAQ:CSCO) last posted its quarterly earnings data on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.98 by $0.01. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The firm had revenue of $14.67 billion for the quarter, compared to the consensus estimate of $14.63 billion. During the same quarter in the prior year, the business earned $0.87 EPS. The business’s revenue for the quarter was up 7.6% compared to the same quarter last year. Cisco Systems has set its Q1 2026 guidance at 0.970-0.990 EPS. FY 2026 guidance at 4.000-4.060 EPS. On average, analysts anticipate that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 22nd. Shareholders of record on Friday, October 3rd will be issued a dividend of $0.41 per share. The ex-dividend date of this dividend is Friday, October 3rd. This represents a $1.64 annualized dividend and a yield of 2.5%. Cisco Systems’s dividend payout ratio is currently 62.60%.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Wells Fargo & Company boosted their price target on Cisco Systems from $75.00 to $83.00 and gave the company an “overweight” rating in a research note on Thursday, August 14th. HSBC restated a “hold” rating and set a $69.00 price target on shares of Cisco Systems in a research note on Friday, August 15th. Wolfe Research assumed coverage on Cisco Systems in a research note on Tuesday, July 8th. They set a “peer perform” rating on the stock. Hsbc Global Res lowered Cisco Systems from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 15th. Finally, Evercore ISI upped their price objective on Cisco Systems from $72.00 to $74.00 and gave the company an “in-line” rating in a research note on Thursday, August 14th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat.com, Cisco Systems has an average rating of “Moderate Buy” and an average target price of $74.53.

Insider Activity

In other news, EVP Thimaya K. Subaiya sold 7,511 shares of the 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 transaction, the executive vice president owned 161,467 shares of the company’s stock, valued at $10,792,454.28. This represents a 4.44% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Jeetendra I. Patel sold 9,061 shares of the stock in a transaction on Friday, August 15th. The shares were sold at an average price of $66.60, for a total value of $603,462.60. Following the completion of the transaction, the insider directly owned 237,405 shares in the company, valued at approximately $15,811,173. This trade represents a 3.68% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 65,439 shares of company stock worth $4,369,104. 0.01% of the stock is owned by company insiders.

Cisco Systems 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.