Cohen Investment Advisors LLC Has $3.92 Million Position in Cisco Systems, Inc. $CSCO

Cohen Investment Advisors LLC boosted its stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 4.0% during the second quarter, Holdings Channel reports. The fund owned 56,440 shares of the network equipment provider’s stock after acquiring an additional 2,145 shares during the period. Cisco Systems makes up approximately 2.0% of Cohen Investment Advisors LLC’s holdings, making the stock its 18th biggest holding. Cohen Investment Advisors LLC’s holdings in Cisco Systems were worth $3,916,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of CSCO. Pandora Wealth Inc. bought a new position in Cisco Systems in the 1st quarter valued at $31,000. Nova Wealth Management Inc. bought a new position in Cisco Systems in the 1st quarter valued at $31,000. Brown Shipley& Co Ltd bought a new position in Cisco Systems in the 2nd quarter valued at $32,000. Fairway Wealth LLC boosted its position in Cisco Systems by 224.7% in the 1st quarter. Fairway Wealth LLC now owns 578 shares of the network equipment provider’s stock valued at $36,000 after buying an additional 400 shares during the last quarter. Finally, Accent Capital Management LLC bought a new position in Cisco Systems in the 1st quarter valued at $36,000. Institutional investors own 73.33% of the company’s stock.

Insider Buying and Selling

In other Cisco Systems news, CEO Charles Robbins sold 30,557 shares of the company’s stock in a transaction on Friday, August 15th. The shares were sold at an average price of $66.63, for a total transaction of $2,036,012.91. Following the sale, the chief executive officer owned 639,000 shares of the company’s stock, valued at approximately $42,576,570. This represents a 4.56% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, SVP Maria Victoria Wong sold 428 shares of the company’s stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $68.25, for a total transaction of $29,211.00. Following the transaction, the senior vice president owned 30,619 shares in the company, valued at $2,089,746.75. This represents a 1.38% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 82,965 shares of company stock valued at $5,559,996 over the last quarter. 0.01% of the stock is currently owned by company insiders.

Cisco Systems Trading Up 1.9%

Shares of CSCO stock opened at $70.33 on Thursday. The firm has a 50 day moving average price of $68.18 and a two-hundred day moving average price of $64.75. The company has a quick ratio of 0.91, a current ratio of 1.00 and a debt-to-equity ratio of 0.49. The company has a market capitalization of $278.03 billion, a PE ratio of 26.84, a price-to-earnings-growth ratio of 2.90 and a beta of 0.97. Cisco Systems, Inc. has a 12-month low of $52.11 and a 12-month high of $72.55.

Cisco Systems (NASDAQ:CSCO) last released its quarterly earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share for the quarter, beating analysts’ consensus estimates of $0.98 by $0.01. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. The company had revenue of $14.67 billion during the quarter, compared to the consensus estimate of $14.63 billion. During the same period in the previous year, the business earned $0.87 earnings per share. The firm’s quarterly revenue was up 7.6% on a year-over-year basis. 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, analysts predict that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.

Cisco Systems Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 22nd. Investors of record on Friday, October 3rd will be paid a $0.41 dividend. The ex-dividend date of this dividend is Friday, October 3rd. This represents a $1.64 annualized dividend and a dividend yield of 2.3%. Cisco Systems’s payout ratio is currently 62.60%.

Wall Street Analyst Weigh In

CSCO has been the topic of a number of analyst reports. Barclays increased their price target on Cisco Systems from $66.00 to $71.00 and gave the company an “equal weight” rating in a research note on Thursday, August 14th. Morgan Stanley lifted their price target on Cisco Systems from $67.00 to $70.00 and gave the company an “overweight” rating in a research note on Friday, July 18th. William Blair upgraded Cisco Systems to a “hold” rating in a report on Thursday, August 14th. Wolfe Research began coverage on Cisco Systems in a report on Tuesday, July 8th. They issued a “peer perform” rating for the company. Finally, Evercore ISI raised their price objective on Cisco Systems from $72.00 to $74.00 and gave the company an “in-line” rating in a report on Thursday, August 14th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $74.53.

About Cisco Systems

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.