Cisco Systems, Inc. $CSCO Stock Holdings Raised by First Fiduciary Investment Counsel Inc.

First Fiduciary Investment Counsel Inc. lifted its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 0.2% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 186,164 shares of the network equipment provider’s stock after buying an additional 417 shares during the period. Cisco Systems accounts for approximately 2.6% of First Fiduciary Investment Counsel Inc.’s holdings, making the stock its 16th biggest position. First Fiduciary Investment Counsel Inc.’s holdings in Cisco Systems were worth $12,916,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the business. Brucke Financial Inc. grew its position in shares of Cisco Systems by 23.6% during the 2nd quarter. Brucke Financial Inc. now owns 12,013 shares of the network equipment provider’s stock valued at $833,000 after buying an additional 2,292 shares during the last quarter. PDS Planning Inc grew its position in shares of Cisco Systems by 10.3% during the 2nd quarter. PDS Planning Inc now owns 24,745 shares of the network equipment provider’s stock valued at $1,717,000 after buying an additional 2,302 shares during the last quarter. Blue Trust Inc. grew its position in shares of Cisco Systems by 0.7% during the 2nd quarter. Blue Trust Inc. now owns 40,025 shares of the network equipment provider’s stock valued at $2,777,000 after buying an additional 277 shares during the last quarter. Cascade Investment Group Inc. grew its position in shares of Cisco Systems by 9.8% during the 2nd quarter. Cascade Investment Group Inc. now owns 5,277 shares of the network equipment provider’s stock valued at $366,000 after buying an additional 473 shares during the last quarter. Finally, Monument Capital Management grew its position in shares of Cisco Systems by 18.0% during the 2nd quarter. Monument Capital Management now owns 16,468 shares of the network equipment provider’s stock valued at $1,143,000 after buying an additional 2,514 shares during the last quarter. Institutional investors own 73.33% of the company’s stock.

Insider Buying and Selling

In other news, EVP Deborah L. Stahlkopf sold 2,718 shares of the company’s stock in a transaction that occurred on Thursday, September 11th. The shares were sold at an average price of $68.08, for a total value of $185,041.44. Following the completion of the sale, the executive vice president directly owned 157,184 shares of the company’s stock, valued at approximately $10,701,086.72. This represents a 1.70% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Maria Victoria Wong sold 428 shares of the company’s stock in a transaction that occurred on Thursday, September 11th. The stock was sold at an average price of $68.25, for a total transaction of $29,211.00. Following the completion of the sale, the senior vice president directly owned 30,619 shares of the company’s stock, valued at approximately $2,089,746.75. This represents a 1.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 82,965 shares of company stock worth $5,559,996. Company insiders own 0.01% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the stock. Rosenblatt Securities reaffirmed a “buy” rating and set a $87.00 price objective on shares of Cisco Systems in a research report on Thursday, August 14th. Weiss Ratings reissued a “buy (b-)” rating on shares of Cisco Systems in a research note on Wednesday. Piper Sandler boosted their target price on shares of Cisco Systems from $64.00 to $70.00 and gave the company a “neutral” rating in a research note on Thursday, August 14th. William Blair raised shares of Cisco Systems to a “hold” rating in a research note on Thursday, August 14th. Finally, CICC Research started coverage on shares of Cisco Systems in a research note on Monday, July 14th. They set an “outperform” rating and a $78.00 target price for the company. One research 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 presently has an average rating of “Moderate Buy” and an average target price of $74.89.

Cisco Systems Trading Down 2.9%

Shares of NASDAQ:CSCO opened at $67.94 on Friday. The company has a 50 day moving average of $68.24 and a 200-day moving average of $64.86. The firm has a market cap of $268.58 billion, a P/E ratio of 25.93, a P/E/G ratio of 2.94 and a beta of 0.97. Cisco Systems, Inc. has a twelve month low of $52.11 and a twelve month high of $72.55. 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 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 during the quarter, compared to analyst estimates of $14.63 billion. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. The business’s revenue for the quarter was up 7.6% compared to the same quarter last year. During the same period in the prior year, the business 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. As a group, analysts anticipate that Cisco Systems, Inc. will post 3.04 earnings per share for the current fiscal year.

Cisco Systems Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 22nd. Stockholders of record on Friday, October 3rd will be paid a $0.41 dividend. 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 currently 62.60%.

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.