Gemmer Asset Management LLC Grows Position in Cisco Systems, Inc. $CSCO

Gemmer Asset Management LLC boosted its stake in Cisco Systems, Inc. (NASDAQ:CSCO) by 4.4% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 9,944 shares of the network equipment provider’s stock after purchasing an additional 420 shares during the quarter. Gemmer Asset Management LLC’s holdings in Cisco Systems were worth $690,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of the business. Simplicity Wealth LLC grew its stake in Cisco Systems by 91.4% during the second quarter. Simplicity Wealth LLC now owns 74,699 shares of the network equipment provider’s stock worth $5,183,000 after buying an additional 35,670 shares during the period. Chemung Canal Trust Co. grew its stake in Cisco Systems by 12.2% during the second quarter. Chemung Canal Trust Co. now owns 61,826 shares of the network equipment provider’s stock worth $4,289,000 after buying an additional 6,711 shares during the period. OLD National Bancorp IN grew its stake in Cisco Systems by 4.3% during the second quarter. OLD National Bancorp IN now owns 221,201 shares of the network equipment provider’s stock worth $15,347,000 after buying an additional 9,064 shares during the period. Olistico Wealth LLC grew its stake in Cisco Systems by 30.8% during the second quarter. Olistico Wealth LLC now owns 3,267 shares of the network equipment provider’s stock worth $227,000 after buying an additional 769 shares during the period. Finally, Carolina Wealth Advisors LLC grew its stake in Cisco Systems by 1,184.5% during the second quarter. Carolina Wealth Advisors LLC now owns 1,490 shares of the network equipment provider’s stock worth $103,000 after buying an additional 1,374 shares during the period. 73.33% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have issued reports on CSCO. CICC Research began coverage on shares of Cisco Systems in a research note on Monday, July 14th. They set an “outperform” rating and a $78.00 price objective for the company. Hsbc Global Res downgraded shares of Cisco Systems from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 15th. Barclays boosted their price objective on shares of Cisco Systems from $66.00 to $71.00 and gave the stock an “equal weight” rating in a research note on Thursday, August 14th. UBS Group boosted their target price on shares of Cisco Systems from $70.00 to $74.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 5th. Finally, William Blair raised shares of Cisco Systems to a “hold” rating in a research report on Thursday, August 14th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $74.53.

Cisco Systems Stock Down 0.6%

Shares of NASDAQ:CSCO opened at $67.92 on Friday. The stock has a market capitalization of $268.50 billion, a price-to-earnings ratio of 25.92, a price-to-earnings-growth ratio of 2.85 and a beta of 0.97. Cisco Systems, Inc. has a 1-year low of $52.11 and a 1-year high of $72.55. The company’s fifty day moving average is $68.10 and its two-hundred day moving average is $64.59. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.91 and a current ratio of 1.00.

Cisco Systems (NASDAQ:CSCO) last issued 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 for the quarter, compared to analysts’ expectations of $14.63 billion. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. The firm’s revenue was up 7.6% compared to the same quarter last year. During the same period in the prior year, the company earned $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. Equities analysts anticipate that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Dividend Announcement

The firm also recently announced 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. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Friday, October 3rd. Cisco Systems’s dividend payout ratio is 62.60%.

Insider Buying and Selling at Cisco Systems

In other news, EVP Deborah L. Stahlkopf sold 9,783 shares of the company’s stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $66.60, for a total transaction of $651,547.80. Following the completion of the transaction, the executive vice president owned 161,662 shares in the company, valued at approximately $10,766,689.20. This represents a 5.71% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Oliver Tuszik sold 17,526 shares of the company’s stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $67.95, for a total transaction of $1,190,891.70. Following the transaction, the executive vice president owned 198,855 shares of the company’s stock, valued at $13,512,197.25. This represents a 8.10% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 82,965 shares of company stock valued at $5,559,996. Corporate insiders own 0.01% of the company’s stock.

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.