Stiles Financial Services Inc Decreases Stake in Cisco Systems, Inc. $CSCO

Stiles Financial Services Inc lowered its position in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 0.8% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 40,112 shares of the network equipment provider’s stock after selling 315 shares during the quarter. Stiles Financial Services Inc’s holdings in Cisco Systems were worth $2,783,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Brighton Jones LLC grew its stake in shares of Cisco Systems by 49.5% in the fourth quarter. Brighton Jones LLC now owns 74,187 shares of the network equipment provider’s stock worth $4,392,000 after purchasing an additional 24,562 shares in the last quarter. Revolve Wealth Partners LLC lifted its holdings in shares of Cisco Systems by 37.0% during the fourth quarter. Revolve Wealth Partners LLC now owns 9,156 shares of the network equipment provider’s stock valued at $542,000 after purchasing an additional 2,474 shares during the last quarter. GAMMA Investing LLC lifted its holdings in shares of Cisco Systems by 16.6% during the first quarter. GAMMA Investing LLC now owns 108,871 shares of the network equipment provider’s stock valued at $6,718,000 after purchasing an additional 15,514 shares during the last quarter. Integrated Advisors Network LLC raised its position in Cisco Systems by 4.0% during the first quarter. Integrated Advisors Network LLC now owns 62,062 shares of the network equipment provider’s stock valued at $3,830,000 after buying an additional 2,365 shares during the period. Finally, Assenagon Asset Management S.A. raised its position in Cisco Systems by 0.3% during the first quarter. Assenagon Asset Management S.A. now owns 166,173 shares of the network equipment provider’s stock valued at $10,255,000 after buying an additional 484 shares during the period. 73.33% of the stock is owned by institutional investors and hedge funds.

Cisco Systems Price Performance

Shares of NASDAQ CSCO opened at $69.96 on Friday. Cisco Systems, Inc. has a twelve month low of $52.11 and a twelve month high of $72.55. The company has a market cap of $276.57 billion, a PE ratio of 26.70, a price-to-earnings-growth ratio of 2.96 and a beta of 0.97. The business’s 50 day moving average price is $68.22 and its two-hundred day moving average price is $64.81. The company has a quick ratio of 0.91, a current ratio of 1.00 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 earnings per share (EPS) for the quarter, beating 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 business had revenue of $14.67 billion during the quarter, compared to analysts’ expectations of $14.63 billion. During the same period in the previous year, the company posted $0.87 earnings per share. The firm’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 predict that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Dividend Announcement

The business also recently disclosed 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 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date is Friday, October 3rd. Cisco Systems’s dividend payout ratio is presently 62.60%.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. Hsbc Global Res lowered Cisco Systems from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 15th. Evercore ISI increased their target price 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. KeyCorp began coverage on Cisco Systems in a research report on Thursday, June 26th. They issued an “overweight” rating and a $77.00 price objective for the company. William Blair upgraded Cisco Systems to a “hold” rating in a research report on Thursday, August 14th. Finally, Wall Street Zen cut Cisco Systems from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 12th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat.com, Cisco Systems presently has an average rating of “Moderate Buy” and an average target price of $74.53.

Insider Buying and Selling

In other 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 value of $1,190,891.70. Following the transaction, the executive vice president directly owned 198,855 shares of the company’s stock, valued at $13,512,197.25. The trade was a 8.10% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Deborah L. Stahlkopf sold 9,783 shares of the firm’s stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $66.60, for a total value of $651,547.80. Following the completion of the sale, the executive vice president owned 161,662 shares of the company’s stock, valued at approximately $10,766,689.20. This represents a 5.71% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 82,965 shares of company stock worth $5,559,996 over the last three months. Insiders own 0.01% of the company’s stock.

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.