Cisco Systems, Inc. $CSCO Shares Purchased by Captrust Financial Advisors

Captrust Financial Advisors boosted its stake in Cisco Systems, Inc. (NASDAQ:CSCOFree Report) by 2.6% during the 4th quarter, HoldingsChannel reports. The fund owned 2,517,777 shares of the network equipment provider’s stock after buying an additional 64,123 shares during the period. Captrust Financial Advisors’ holdings in Cisco Systems were worth $193,944,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in CSCO. MidAtlantic Capital Management Inc. acquired a new stake in Cisco Systems in the fourth quarter valued at $25,000. Intesa Sanpaolo Wealth Management acquired a new stake in Cisco Systems in the fourth quarter valued at $25,000. Jessup Wealth Management Inc acquired a new stake in Cisco Systems in the fourth quarter valued at $29,000. Board of the Pension Protection Fund acquired a new stake in Cisco Systems in the fourth quarter valued at $31,000. Finally, EQ Wealth Advisors LLC acquired a new stake in Cisco Systems in the fourth quarter valued at $31,000. 73.33% of the stock is owned by institutional investors and hedge funds.

Cisco Systems News Roundup

Here are the key news stories impacting Cisco Systems this week:

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on CSCO shares. Bank of America upped their price target on shares of Cisco Systems from $135.00 to $150.00 and gave the company a “buy” rating in a report on Monday, June 8th. Erste Group Bank cut shares of Cisco Systems from a “buy” rating to a “hold” rating in a report on Wednesday, February 18th. New Street Research increased their target price on shares of Cisco Systems from $82.00 to $122.00 and gave the stock a “neutral” rating in a report on Thursday, May 14th. Wall Street Zen cut shares of Cisco Systems from a “buy” rating to a “hold” rating in a report on Saturday, March 14th. Finally, KeyCorp increased their target price on shares of Cisco Systems from $87.00 to $125.00 and gave the stock an “overweight” rating in a report on Thursday, May 14th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat, Cisco Systems has a consensus rating of “Moderate Buy” and an average target price of $122.90.

Read Our Latest Report on CSCO

Cisco Systems Stock Down 0.5%

Shares of NASDAQ:CSCO opened at $119.57 on Wednesday. The stock has a market capitalization of $471.28 billion, a price-to-earnings ratio of 38.82, a price-to-earnings-growth ratio of 3.06 and a beta of 1.01. Cisco Systems, Inc. has a 1-year low of $65.02 and a 1-year high of $130.37. The company’s fifty day moving average is $103.91 and its two-hundred day moving average is $87.19. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.81 and a current ratio of 0.92.

Cisco Systems (NASDAQ:CSCOGet Free Report) last issued its earnings results on Wednesday, May 13th. The network equipment provider reported $1.06 earnings per share for the quarter, topping analysts’ consensus estimates of $1.03 by $0.03. The company had revenue of $15.84 billion for the quarter, compared to analysts’ expectations of $15.56 billion. Cisco Systems had a net margin of 20.14% and a return on equity of 28.44%. The firm’s revenue was up 12.0% compared to the same quarter last year. During the same period in the prior year, the company earned $0.96 earnings per share. Cisco Systems has set its Q4 2026 guidance at 1.160-1.180 EPS and its FY 2026 guidance at 4.270-4.290 EPS. Equities analysts anticipate that Cisco Systems, Inc. will post 3.54 EPS for the current year.

Cisco Systems Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 22nd. Stockholders of record on Monday, July 6th will be given a dividend of $0.42 per share. The ex-dividend date is Monday, July 6th. This represents a $1.68 annualized dividend and a dividend yield of 1.4%. Cisco Systems’s dividend payout ratio is currently 54.55%.

Insider Activity

In other news, EVP Deborah L. Stahlkopf sold 6,586 shares of the company’s stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $117.31, for a total transaction of $772,603.66. Following the completion of the transaction, the executive vice president owned 177,223 shares in the company, valued at approximately $20,790,030.13. This represents a 3.58% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Jeetendra I. Patel sold 7,169 shares of the company’s stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $117.28, for a total transaction of $840,780.32. Following the transaction, the insider owned 246,737 shares of the company’s stock, valued at $28,937,315.36. This represents a 2.82% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 40,523 shares of company stock worth $4,814,224 over the last ninety days. Insiders own 0.01% of the company’s stock.

About Cisco Systems

(Free Report)

Cisco Systems, Inc is a global technology company that designs, manufactures and sells networking hardware, software and telecommunications equipment. Its core business focuses on enabling enterprise and service-provider networks through products such as routers, switches, network security appliances and wireless systems. Over time Cisco has broadened its portfolio to emphasize software-defined networking, cybersecurity, cloud infrastructure and edge computing solutions that help organizations build and manage modern IT environments.

In addition to hardware, Cisco offers a growing range of software platforms and subscription services for network management, security, analytics and collaboration.

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Institutional Ownership by Quarter for Cisco Systems (NASDAQ:CSCO)

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