Cisco Systems, Inc. $CSCO Shares Sold by Investment Partners LTD.

Investment Partners LTD. trimmed its position in Cisco Systems, Inc. (NASDAQ:CSCO) by 12.1% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 12,869 shares of the network equipment provider’s stock after selling 1,769 shares during the period. Investment Partners LTD.’s holdings in Cisco Systems were worth $893,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the company. Financial Connections Group Inc. boosted its stake in Cisco Systems by 89.4% during the second quarter. Financial Connections Group Inc. now owns 409 shares of the network equipment provider’s stock valued at $28,000 after buying an additional 193 shares in the last quarter. Legacy Investment Solutions LLC acquired a new stake in Cisco Systems in the 2nd quarter valued at about $28,000. Pandora Wealth Inc. acquired a new stake in Cisco Systems in the 1st quarter valued at about $31,000. Nova Wealth Management Inc. bought a new position in shares of Cisco Systems during the 1st quarter valued at about $31,000. Finally, Brown Shipley& Co Ltd acquired a new position in shares of Cisco Systems in the 2nd quarter worth approximately $32,000. 73.33% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Cisco Systems

In related news, SVP Maria Victoria Wong sold 428 shares of the firm’s stock in a transaction on Thursday, September 11th. The shares were sold at an average price of $68.25, for a total value of $29,211.00. Following the transaction, the senior vice president directly owned 30,619 shares in the company, valued at approximately $2,089,746.75. This trade represents a 1.38% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Deborah L. Stahlkopf sold 2,718 shares of the 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 sale, the executive vice president owned 157,184 shares of the company’s stock, valued at approximately $10,701,086.72. The trade was a 1.70% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 82,965 shares of company stock worth $5,559,996 in the last 90 days. Insiders own 0.01% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on CSCO shares. Rosenblatt Securities raised their target price on shares of Cisco Systems from $87.00 to $100.00 and gave the stock a “buy” rating in a report on Thursday. KeyCorp raised their price objective on Cisco Systems from $77.00 to $87.00 and gave the stock an “overweight” rating in a research note on Thursday. Wells Fargo & Company lifted their target price on Cisco Systems from $75.00 to $83.00 and gave the stock an “overweight” rating in a report on Thursday, August 14th. JPMorgan Chase & Co. upped their target price on Cisco Systems from $80.00 to $90.00 and gave the company an “overweight” rating in a report on Thursday. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Cisco Systems in a research note on Thursday, October 30th. Sixteen research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $79.74.

Cisco Systems Trading Up 4.5%

NASDAQ:CSCO opened at $77.28 on Thursday. The stock has a market cap of $304.54 billion, a PE ratio of 29.50, a price-to-earnings-growth ratio of 3.00 and a beta of 0.95. Cisco Systems, Inc. has a fifty-two week low of $52.11 and a fifty-two week high of $77.88. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.00 and a quick ratio of 0.91. The stock’s 50-day moving average is $69.46 and its two-hundred day moving average is $67.20.

Cisco Systems (NASDAQ:CSCO) last posted its quarterly earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 EPS for the quarter, topping the consensus estimate of $0.98 by $0.02. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. The business had revenue of $14.88 billion during the quarter, compared to analysts’ expectations of $14.77 billion. During the same period last year, the company posted $0.91 earnings per share. The firm’s quarterly revenue was up 7.5% compared to the same quarter last year. Cisco Systems has set its FY 2026 guidance at 4.080-4.140 EPS. Q2 2026 guidance at 1.010-1.030 EPS. As a group, equities research analysts forecast that Cisco Systems, Inc. will post 3.04 earnings per share for the current fiscal year.

Cisco Systems Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 21st. Shareholders of record on Friday, January 2nd will be given a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend is Friday, January 2nd. Cisco Systems’s dividend payout ratio is presently 62.60%.

Cisco Systems 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.