Austin Private Wealth LLC Buys 1,102 Shares of Cisco Systems, Inc. $CSCO

Austin Private Wealth LLC boosted its stake in Cisco Systems, Inc. (NASDAQ:CSCO) by 12.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,017 shares of the network equipment provider’s stock after acquiring an additional 1,102 shares during the period. Austin Private Wealth LLC’s holdings in Cisco Systems were worth $695,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Kingstone Capital Partners Texas LLC bought a new position in shares of Cisco Systems during the 2nd quarter worth approximately $904,542,000. Goldman Sachs Group Inc. boosted its holdings in shares of Cisco Systems by 37.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 46,973,293 shares of the network equipment provider’s stock worth $2,898,722,000 after buying an additional 12,775,066 shares in the last quarter. Nuveen LLC bought a new position in shares of Cisco Systems during the 1st quarter worth approximately $750,495,000. Pacer Advisors Inc. boosted its holdings in shares of Cisco Systems by 1,144.2% during the 1st quarter. Pacer Advisors Inc. now owns 8,120,886 shares of the network equipment provider’s stock worth $501,140,000 after buying an additional 7,468,212 shares in the last quarter. Finally, Acadian Asset Management LLC boosted its holdings in shares of Cisco Systems by 255.9% during the 1st quarter. Acadian Asset Management LLC now owns 7,819,547 shares of the network equipment provider’s stock worth $482,509,000 after buying an additional 5,622,672 shares in the last quarter. 73.33% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have issued reports on CSCO shares. Barclays increased their price target on Cisco Systems from $66.00 to $71.00 and gave the stock an “equal weight” rating in a report on Thursday, August 14th. HSBC reaffirmed a “hold” rating and set a $69.00 target price on shares of Cisco Systems in a research report on Friday, August 15th. Rosenblatt Securities reaffirmed a “buy” rating and set a $87.00 target price on shares of Cisco Systems in a research report on Thursday, August 14th. Hsbc Global Res lowered Cisco Systems from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 15th. Finally, Evercore ISI upped their target price on Cisco Systems from $72.00 to $74.00 and gave the stock an “in-line” rating in a research report on Thursday, August 14th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $74.72.

Cisco Systems Trading Up 1.7%

NASDAQ CSCO opened at $72.62 on Wednesday. The firm has a market capitalization of $287.08 billion, a P/E ratio of 27.72, a PEG ratio of 3.00 and a beta of 0.97. The business has a fifty day simple moving average of $68.51 and a 200 day simple moving average of $65.95. Cisco Systems, Inc. has a 12 month low of $52.11 and a 12 month high of $72.68. 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 released 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 business had revenue of $14.67 billion during the quarter, compared to analyst estimates of $14.63 billion. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.Cisco Systems’s quarterly revenue was up 7.6% compared to the same quarter last year. During the same period in the prior year, the firm 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. On average, analysts predict that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.

Cisco Systems Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 22nd. Investors of record on Friday, October 3rd were given a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend was Friday, October 3rd. Cisco Systems’s dividend payout ratio is presently 62.60%.

Insiders Place Their Bets

In other Cisco Systems news, EVP Deborah L. Stahlkopf sold 2,718 shares of the company’s stock in a transaction on Thursday, September 11th. The stock was sold at an average price of $68.08, for a total value of $185,041.44. Following the completion of the transaction, the executive vice president owned 157,184 shares in the company, valued at $10,701,086.72. This represents a 1.70% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Charles Robbins sold 30,557 shares of the company’s stock in a transaction on Friday, August 15th. The shares were sold at an average price of $66.63, for a total value of $2,036,012.91. Following the completion of the transaction, the chief executive officer owned 639,000 shares of the company’s stock, valued at $42,576,570. This trade represents a 4.56% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 82,965 shares of company stock worth $5,559,996 in the last three months. 0.01% of the stock is owned by corporate insiders.

About Cisco Systems

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.