Cassia Capital Partners LLC Has $1.53 Million Position in Cisco Systems, Inc. $CSCO

Cassia Capital Partners LLC raised its stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 0.8% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 22,060 shares of the network equipment provider’s stock after acquiring an additional 169 shares during the quarter. Cisco Systems makes up 0.9% of Cassia Capital Partners LLC’s portfolio, making the stock its 18th largest holding. Cassia Capital Partners LLC’s holdings in Cisco Systems were worth $1,531,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the company. Pandora Wealth Inc. acquired a new position in shares of Cisco Systems in the 1st quarter worth approximately $31,000. Nova Wealth Management Inc. acquired a new stake in Cisco Systems during the 1st quarter valued at $31,000. Fairway Wealth LLC raised its position in Cisco Systems by 224.7% in the 1st quarter. Fairway Wealth LLC now owns 578 shares of the network equipment provider’s stock valued at $36,000 after purchasing an additional 400 shares during the last quarter. Accent Capital Management LLC acquired a new position in Cisco Systems in the first quarter worth $36,000. Finally, Investment Management Corp VA ADV grew its holdings in shares of Cisco Systems by 145.3% during the first quarter. Investment Management Corp VA ADV now owns 596 shares of the network equipment provider’s stock worth $37,000 after purchasing an additional 353 shares during the last quarter. Institutional investors own 73.33% of the company’s stock.

Insider Activity

In other news, EVP Oliver Tuszik sold 17,526 shares of the business’s stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $67.95, for a total transaction of $1,190,891.70. Following the completion of the transaction, the executive vice president directly owned 198,855 shares in the company, valued at approximately $13,512,197.25. The trade was a 8.10% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Thimaya K. Subaiya sold 7,511 shares of the stock in a transaction that occurred on Wednesday, August 20th. The shares were sold at an average price of $66.84, for a total transaction of $502,035.24. Following the completion of the sale, the executive vice president owned 161,467 shares in the company, valued at $10,792,454.28. This represents a 4.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 82,965 shares of company stock valued at $5,559,996. Insiders own 0.01% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. Bank of America lifted their price target on Cisco Systems from $76.00 to $85.00 and gave the company a “buy” rating in a report on Thursday, August 14th. HSBC reaffirmed a “hold” rating and issued a $69.00 target price on shares of Cisco Systems in a research note on Friday, August 15th. UBS Group increased their price target on shares of Cisco Systems from $70.00 to $74.00 and gave the company a “neutral” rating in a research note on Tuesday, August 5th. Wells Fargo & Company boosted their price objective on shares of Cisco Systems from $75.00 to $83.00 and gave the stock an “overweight” rating in a research report on Thursday, August 14th. Finally, CICC Research initiated coverage on Cisco Systems in a report on Monday, July 14th. They set an “outperform” rating and a $78.00 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $74.53.

Cisco Systems Trading Down 0.3%

Shares of NASDAQ CSCO opened at $67.32 on Thursday. Cisco Systems, Inc. has a fifty-two week low of $52.11 and a fifty-two week high of $72.55. The firm has a market capitalization of $266.13 billion, a P/E ratio of 25.69, a P/E/G ratio of 2.84 and a beta of 0.99. 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 company’s 50 day simple moving average is $68.15 and its 200 day simple moving average is $64.21.

Cisco Systems (NASDAQ:CSCO) last issued its earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 EPS for the quarter, beating the consensus estimate of $0.98 by $0.01. The company had revenue of $14.67 billion during the quarter, compared to analysts’ expectations of $14.63 billion. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. The business’s revenue for the quarter was up 7.6% compared to the same quarter last year. During the same quarter in the previous year, the company 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 year.

Cisco Systems Announces Dividend

The business also recently announced 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. The ex-dividend date is Friday, October 3rd. This represents a $1.64 dividend on an annualized basis and a yield of 2.4%. Cisco Systems’s dividend payout ratio (DPR) is 62.60%.

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.