Braun Bostich & Associates Inc. Sells 354 Shares of Cisco Systems, Inc. $CSCO

Braun Bostich & Associates Inc. lessened its stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 6.3% in the second quarter, Holdings Channel reports. The institutional investor owned 5,264 shares of the network equipment provider’s stock after selling 354 shares during the period. Braun Bostich & Associates Inc.’s holdings in Cisco Systems were worth $365,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Ashton Thomas Securities LLC increased its position in Cisco Systems by 2.9% during the 1st quarter. Ashton Thomas Securities LLC now owns 5,654 shares of the network equipment provider’s stock valued at $349,000 after buying an additional 159 shares in the last quarter. Boltwood Capital Management raised its stake in shares of Cisco Systems by 1.4% in the second quarter. Boltwood Capital Management now owns 11,593 shares of the network equipment provider’s stock worth $804,000 after purchasing an additional 160 shares during the last quarter. Greenline Partners LLC raised its stake in shares of Cisco Systems by 0.5% in the first quarter. Greenline Partners LLC now owns 32,570 shares of the network equipment provider’s stock worth $2,010,000 after purchasing an additional 162 shares during the last quarter. Legacy Financial Group Inc. raised its stake in shares of Cisco Systems by 3.4% in the fourth quarter. Legacy Financial Group Inc. now owns 5,100 shares of the network equipment provider’s stock worth $302,000 after purchasing an additional 169 shares during the last quarter. Finally, Birchbrook Inc. raised its stake in shares of Cisco Systems by 6.3% in the first quarter. Birchbrook Inc. now owns 2,964 shares of the network equipment provider’s stock worth $183,000 after purchasing an additional 176 shares during the last quarter. Institutional investors own 73.33% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the company. Rosenblatt Securities restated a “buy” rating and issued a $87.00 price target on shares of Cisco Systems in a research note on Thursday, August 14th. HSBC restated a “hold” rating and issued a $69.00 price target on shares of Cisco Systems in a research note on Friday, August 15th. Deutsche Bank Aktiengesellschaft upgraded Cisco Systems from a “hold” rating to a “buy” rating and boosted their price target for the stock from $65.00 to $73.00 in a research note on Monday, June 16th. Wells Fargo & Company lifted their price objective on Cisco Systems from $75.00 to $83.00 and gave the stock an “overweight” rating in a report on Thursday, August 14th. Finally, William Blair raised Cisco Systems to a “hold” rating in a report on Thursday, August 14th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $74.53.

Cisco Systems Stock Performance

Shares of CSCO opened at $66.53 on Monday. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.00 and a quick ratio of 0.91. Cisco Systems, Inc. has a one year low of $49.67 and a one year high of $72.55. The firm has a market capitalization of $263.01 billion, a P/E ratio of 25.39, a PEG ratio of 2.80 and a beta of 0.99. The business has a fifty day moving average of $68.24 and a 200 day moving average of $64.00.

Cisco Systems (NASDAQ:CSCO) last released its quarterly earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.98 by $0.01. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The business had revenue of $14.67 billion during the quarter, compared to analyst estimates of $14.63 billion. During the same quarter in the previous year, the company posted $0.87 earnings per share. Cisco Systems’s revenue for the quarter was up 7.6% on a year-over-year basis. Cisco Systems has set its Q1 2026 guidance at 0.970-0.990 EPS. FY 2026 guidance at 4.000-4.060 EPS. As a group, sell-side analysts anticipate that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 22nd. Shareholders of record on Friday, October 3rd will be issued a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend is Friday, October 3rd. Cisco Systems’s payout ratio is currently 62.60%.

Insider Transactions at Cisco Systems

In other news, CFO Richard Scott Herren sold 15,678 shares of the company’s stock in a transaction dated Tuesday, June 17th. The stock was sold at an average price of $65.52, for a total value of $1,027,222.56. Following the completion of the transaction, the chief financial officer owned 309,543 shares of the company’s stock, valued at $20,281,257.36. This represents a 4.82% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Jeetendra I. Patel sold 9,061 shares of the company’s 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 directly owned 237,405 shares of the company’s stock, valued at approximately $15,811,173. This trade represents a 3.68% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 88,099 shares of company stock valued at $5,851,765. 0.01% of the stock is owned by corporate insiders.

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.