Cisco Systems, Inc. $CSCO Shares Sold by Citizens National Bank Trust Department

Citizens National Bank Trust Department lessened its stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 10.0% in the 2nd quarter, Holdings Channel.com reports. The firm owned 28,395 shares of the network equipment provider’s stock after selling 3,150 shares during the quarter. Citizens National Bank Trust Department’s holdings in Cisco Systems were worth $1,970,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Postrock Partners LLC increased its holdings in shares of Cisco Systems by 4.5% in the second quarter. Postrock Partners LLC now owns 3,480 shares of the network equipment provider’s stock valued at $241,000 after buying an additional 150 shares in the last quarter. Mount Vernon Associates Inc. MD lifted its stake in Cisco Systems by 0.4% during the second quarter. Mount Vernon Associates Inc. MD now owns 41,379 shares of the network equipment provider’s stock valued at $2,871,000 after buying an additional 150 shares in the last quarter. Pacifica Partners Inc. lifted its stake in Cisco Systems by 0.5% during the second quarter. Pacifica Partners Inc. now owns 34,060 shares of the network equipment provider’s stock valued at $2,338,000 after buying an additional 155 shares in the last quarter. Pacific Sage Partners LLC boosted its holdings in shares of Cisco Systems by 0.9% in the second quarter. Pacific Sage Partners LLC now owns 16,746 shares of the network equipment provider’s stock worth $1,162,000 after buying an additional 156 shares during the period. Finally, Childress Capital Advisors LLC increased its position in shares of Cisco Systems by 0.8% in the second quarter. Childress Capital Advisors LLC now owns 18,806 shares of the network equipment provider’s stock worth $1,305,000 after acquiring an additional 157 shares in the last quarter. 73.33% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, EVP Oliver Tuszik sold 17,526 shares of the business’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 completion of the transaction, the executive vice president owned 198,855 shares of the company’s stock, valued at approximately $13,512,197.25. The trade was a 8.10% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Thimaya K. Subaiya sold 7,511 shares of the firm’s stock in a transaction that occurred on Wednesday, August 20th. The shares were sold at an average price of $66.84, for a total value of $502,035.24. Following the completion of the sale, the executive vice president directly owned 161,467 shares in the company, valued at $10,792,454.28. This trade represents a 4.44% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 82,965 shares of company stock worth $5,559,996. Insiders own 0.01% of the company’s stock.

Cisco Systems Stock Up 0.1%

Cisco Systems stock opened at $68.99 on Wednesday. Cisco Systems, Inc. has a 1-year low of $52.11 and a 1-year high of $72.55. The firm’s fifty day simple moving average is $68.14 and its 200-day simple moving average is $64.71. The company has a market capitalization of $272.73 billion, a P/E ratio of 26.33, a P/E/G ratio of 2.90 and a beta of 0.97. The company has a current ratio of 1.00, a quick ratio of 0.91 and a debt-to-equity ratio of 0.49.

Cisco Systems (NASDAQ:CSCO) last issued its quarterly earnings data on Wednesday, August 13th. The network equipment provider reported $0.99 EPS for the quarter, beating analysts’ consensus estimates of $0.98 by $0.01. The business had revenue of $14.67 billion for the quarter, compared to analyst estimates of $14.63 billion. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The firm’s revenue for the quarter was up 7.6% on a year-over-year basis. During the same quarter 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. Sell-side analysts forecast that Cisco Systems, Inc. will post 3.04 earnings per share for the current fiscal year.

Cisco Systems Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 22nd. Investors of record on Friday, October 3rd will be issued a $0.41 dividend. 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 (DPR) is 62.60%.

Analysts Set New Price Targets

CSCO has been the subject of a number of recent analyst reports. Wells Fargo & Company raised their price objective on shares of Cisco Systems from $75.00 to $83.00 and gave the stock an “overweight” rating in a research note on Thursday, August 14th. Bank of America lifted their price target on Cisco Systems from $76.00 to $85.00 and gave the company a “buy” rating in a report on Thursday, August 14th. Rosenblatt Securities reaffirmed a “buy” rating and set a $87.00 target price on shares of Cisco Systems in a research note on Thursday, August 14th. Weiss Ratings reissued a “buy (b-)” rating on shares of Cisco Systems in a research report on Saturday, September 27th. Finally, Morgan Stanley upped their price objective on shares of Cisco Systems from $67.00 to $70.00 and gave the company an “overweight” rating in a research note on Friday, July 18th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and ten have given a Hold rating to the stock. Based on data from MarketBeat.com, Cisco Systems presently has an average rating of “Moderate Buy” and an average 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.