11,346 Shares in Cisco Systems, Inc. $CSCO Purchased by Shum Financial Group Inc.

Shum Financial Group Inc. bought a new stake in Cisco Systems, Inc. (NASDAQ:CSCO) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 11,346 shares of the network equipment provider’s stock, valued at approximately $776,000.

Other institutional investors have also modified their holdings of the company. Bare Financial Services Inc boosted its position in Cisco Systems by 531.0% during the second quarter. Bare Financial Services Inc now owns 366 shares of the network equipment provider’s stock worth $25,000 after purchasing an additional 308 shares in the last quarter. Legacy Investment Solutions LLC purchased a new stake in shares of Cisco Systems in the 2nd quarter worth about $28,000. Lowe Wealth Advisors LLC grew its stake in Cisco Systems by 96.2% in the 3rd quarter. Lowe Wealth Advisors LLC now owns 408 shares of the network equipment provider’s stock valued at $28,000 after acquiring an additional 200 shares during the last quarter. Financial Connections Group Inc. increased its holdings in Cisco Systems by 89.4% during the 2nd quarter. Financial Connections Group Inc. now owns 409 shares of the network equipment provider’s stock valued at $28,000 after acquiring an additional 193 shares in the last quarter. Finally, Brown Shipley& Co Ltd acquired a new position in Cisco Systems during the second quarter worth about $32,000. Hedge funds and other institutional investors own 73.33% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the company. Erste Group Bank raised Cisco Systems from a “hold” rating to a “buy” rating in a research note on Monday, November 10th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Cisco Systems in a research note on Thursday, October 30th. Piper Sandler boosted their target price on shares of Cisco Systems from $70.00 to $86.00 and gave the company a “neutral” rating in a research note on Thursday, November 13th. Citic Securities upped their target price on shares of Cisco Systems from $75.00 to $90.00 in a report on Monday, November 17th. Finally, HSBC lifted their price target on shares of Cisco Systems from $69.00 to $74.00 and gave the stock a “hold” rating in a report on Friday, November 14th. Seventeen equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $84.70.

Cisco Systems Trading Down 0.5%

CSCO opened at $77.41 on Wednesday. The firm’s 50 day moving average is $75.78 and its 200-day moving average is $70.90. Cisco Systems, Inc. has a 52-week low of $52.11 and a 52-week high of $80.82. The company has a quick ratio of 0.83, a current ratio of 0.93 and a debt-to-equity ratio of 0.46. The firm has a market capitalization of $305.85 billion, a P/E ratio of 29.10, a P/E/G ratio of 2.94 and a beta of 0.87.

Cisco Systems (NASDAQ:CSCO) last released its quarterly earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 earnings per share for the quarter, beating analysts’ consensus estimates of $0.98 by $0.02. Cisco Systems had a net margin of 18.38% and a return on equity of 27.29%. The business had revenue of $14.88 billion during the quarter, compared to analyst estimates of $14.77 billion. During the same period last year, the business earned $0.91 EPS. The business’s revenue was up 7.5% on a year-over-year basis. Cisco Systems has set its FY 2026 guidance at 4.080-4.140 EPS and its Q2 2026 guidance at 1.010-1.030 EPS. Analysts expect that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.

Cisco Systems Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 21st. Investors of record on Friday, January 2nd will be paid a $0.41 dividend. The ex-dividend date is Friday, January 2nd. This represents a $1.64 annualized dividend and a dividend yield of 2.1%. Cisco Systems’s payout ratio is 61.65%.

Insider Transactions at Cisco Systems

In related news, EVP Thimaya K. Subaiya sold 56,038 shares of Cisco Systems stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of $78.33, for a total value of $4,389,456.54. Following the completion of the sale, the executive vice president owned 179,780 shares in the company, valued at approximately $14,082,167.40. The trade was a 23.76% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Michael D. Capellas sold 16,150 shares of the stock in a transaction on Thursday, December 18th. The shares were sold at an average price of $77.28, for a total transaction of $1,248,072.00. Following the transaction, the director owned 157,218 shares in the company, valued at $12,149,807.04. This trade represents a 9.32% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,044,865 shares of company stock valued at $81,397,635 in the last three months. 0.01% of the stock is currently owned by company insiders.

Cisco Systems Company Profile

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.