waypoint wealth counsel Boosts Stake in Cisco Systems, Inc. $CSCO

waypoint wealth counsel raised its position in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 4.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 14,062 shares of the network equipment provider’s stock after acquiring an additional 607 shares during the period. waypoint wealth counsel’s holdings in Cisco Systems were worth $976,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Investment Advisory Group LLC grew its position in Cisco Systems by 13.9% during the second quarter. Investment Advisory Group LLC now owns 6,277 shares of the network equipment provider’s stock valued at $435,000 after acquiring an additional 765 shares during the period. 1858 Wealth Management LLC grew its position in Cisco Systems by 3.0% during the second quarter. 1858 Wealth Management LLC now owns 34,876 shares of the network equipment provider’s stock valued at $2,420,000 after acquiring an additional 1,022 shares during the period. Apollon Financial LLC grew its position in Cisco Systems by 7.0% during the second quarter. Apollon Financial LLC now owns 5,885 shares of the network equipment provider’s stock valued at $408,000 after acquiring an additional 387 shares during the period. Keener Financial Planning LLC grew its position in Cisco Systems by 558.7% during the second quarter. Keener Financial Planning LLC now owns 1,179 shares of the network equipment provider’s stock valued at $81,000 after acquiring an additional 1,000 shares during the period. Finally, Hemington Wealth Management grew its position in Cisco Systems by 6.3% during the second quarter. Hemington Wealth Management now owns 5,105 shares of the network equipment provider’s stock valued at $354,000 after acquiring an additional 302 shares during the period. Hedge funds and other institutional investors own 73.33% of the company’s stock.

Insider Transactions at Cisco Systems

In related news, insider Jeetendra I. Patel sold 9,061 shares of the stock in a transaction dated Friday, August 15th. The stock was sold at an average price of $66.60, for a total value of $603,462.60. Following the completion of the transaction, the insider owned 237,405 shares of the company’s stock, valued at approximately $15,811,173. This represents a 3.68% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Thimaya K. Subaiya sold 7,511 shares of the company’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 sale, the executive vice president owned 161,467 shares in the company, valued at $10,792,454.28. The trade was a 4.44% 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 in the last three months. 0.01% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. Weiss Ratings reissued a “buy (b-)” rating on shares of Cisco Systems in a research report on Wednesday. Morgan Stanley upped their target price on Cisco Systems from $73.00 to $77.00 and gave the stock an “overweight” rating in a research report on Friday. Barclays upped their target price on Cisco Systems from $66.00 to $71.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 14th. Deutsche Bank Aktiengesellschaft raised Cisco Systems from a “hold” rating to a “buy” rating and upped their target price for the stock from $65.00 to $73.00 in a research report on Monday, June 16th. Finally, Wall Street Zen downgraded Cisco Systems from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 12th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat.com, Cisco Systems currently has an average rating of “Moderate Buy” and a consensus target price of $74.89.

Cisco Systems Trading Down 2.9%

Shares of CSCO opened at $67.94 on Friday. The company has a market capitalization of $268.58 billion, a P/E ratio of 25.93, a P/E/G ratio of 2.86 and a beta of 0.97. Cisco Systems, Inc. has a one year low of $52.11 and a one year high of $72.55. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.91 and a current ratio of 1.00. The stock has a 50-day moving average price of $68.24 and a 200 day moving average price of $64.88.

Cisco Systems (NASDAQ:CSCO) last issued its quarterly earnings results 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 firm had revenue of $14.67 billion during the quarter, compared to the consensus estimate of $14.63 billion. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.Cisco Systems’s revenue for the quarter was up 7.6% on a year-over-year basis. During the same quarter in the prior year, the business posted $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. Sell-side analysts forecast that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.

Cisco Systems Announces Dividend

The firm also recently declared 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. The ex-dividend date of this dividend is Friday, October 3rd. This represents a $1.64 dividend on an annualized basis and a yield of 2.4%. 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.