CENTRAL TRUST Co Grows Stock Position in Cisco Systems, Inc. $CSCO

CENTRAL TRUST Co increased its position in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 1.8% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 113,796 shares of the network equipment provider’s stock after purchasing an additional 2,026 shares during the quarter. CENTRAL TRUST Co’s holdings in Cisco Systems were worth $7,895,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Legacy Investment Solutions LLC acquired a new stake in shares of Cisco Systems in the second quarter valued at about $28,000. Financial Connections Group Inc. grew its stake 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. Brown Shipley& Co Ltd purchased a new stake in Cisco Systems during the 2nd quarter valued at about $32,000. Pandora Wealth Inc. purchased a new position in Cisco Systems in the 1st quarter worth approximately $31,000. Finally, Nova Wealth Management Inc. acquired a new position in shares of Cisco Systems during the 1st quarter worth approximately $31,000. Hedge funds and other institutional investors own 73.33% of the company’s stock.

Cisco Systems Trading Up 1.4%

Shares of CSCO stock opened at $72.09 on Tuesday. Cisco Systems, Inc. has a 1-year low of $52.11 and a 1-year high of $74.84. The firm has a market cap of $284.09 billion, a PE ratio of 27.52, a price-to-earnings-growth ratio of 3.00 and a beta of 0.95. The company has a 50-day moving average of $69.25 and a two-hundred day moving average of $67.05. 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 (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 analysts’ consensus estimates of $0.98 by $0.01. The business had revenue of $14.67 billion for the quarter, compared to the consensus estimate 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 was up 7.6% on a year-over-year basis. During the same period in the previous year, the firm earned $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 Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 22nd. Stockholders of record on Friday, October 3rd were given a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a dividend yield of 2.3%. The ex-dividend date was Friday, October 3rd. Cisco Systems’s dividend payout ratio (DPR) is currently 62.60%.

Analyst Ratings Changes

CSCO has been the topic of a number of analyst reports. Rosenblatt Securities reiterated a “buy” rating and set a $87.00 price objective on shares of Cisco Systems in a research report on Thursday, August 14th. CICC Research started coverage on shares of Cisco Systems in a research report on Monday, July 14th. They set an “outperform” rating and a $78.00 price target on the stock. Weiss Ratings restated a “buy (b)” rating on shares of Cisco Systems in a research report on Thursday, October 30th. JPMorgan Chase & Co. lifted their target price on shares of Cisco Systems from $73.00 to $78.00 and gave the stock an “overweight” rating in a research note on Thursday, July 17th. Finally, Hsbc Global Res cut shares of Cisco Systems from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 15th. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and nine have given a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $75.50.

Insiders Place Their Bets

In related news, EVP Oliver Tuszik sold 17,526 shares of the business’s stock in a transaction on Friday, September 19th. The stock was sold at an average price of $67.95, for a total value of $1,190,891.70. Following the sale, the executive vice president 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 can be accessed through this hyperlink. Also, EVP Thimaya K. Subaiya sold 1,744 shares of the firm’s stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $66.78, for a total value of $116,464.32. Following the transaction, the executive vice president owned 158,009 shares of the company’s stock, valued at $10,551,841.02. This trade represents a 1.09% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 82,965 shares of company stock valued at $5,559,996. Insiders own 0.01% of the company’s stock.

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.