Cisco Systems, Inc. $CSCO Position Raised by First Pacific Financial

First Pacific Financial increased its position in shares of Cisco Systems, Inc. (NASDAQ:CSCOFree Report) by 1,781.2% during the 2nd quarter, Holdings Channel.com reports. The firm owned 64,677 shares of the network equipment provider’s stock after buying an additional 61,239 shares during the quarter. Cisco Systems accounts for 0.7% of First Pacific Financial’s investment portfolio, making the stock its 21st biggest holding. First Pacific Financial’s holdings in Cisco Systems were worth $4,487,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently added to or reduced their stakes in the business. Nabity Jensen Investment Management Inc purchased a new position in Cisco Systems during the 2nd quarter worth approximately $211,000. Deltec Asset Management LLC acquired a new stake in shares of Cisco Systems during the 2nd quarter valued at $3,916,000. QTR Family Wealth LLC boosted its stake in shares of Cisco Systems by 3.8% during the 2nd quarter. QTR Family Wealth LLC now owns 8,954 shares of the network equipment provider’s stock valued at $621,000 after buying an additional 329 shares during the period. Trust Co. of Vermont boosted its stake in shares of Cisco Systems by 1.2% during the 2nd quarter. Trust Co. of Vermont now owns 188,621 shares of the network equipment provider’s stock valued at $13,087,000 after buying an additional 2,287 shares during the period. Finally, Marino Stram & Associates LLC boosted its stake in shares of Cisco Systems by 5.5% during the 2nd quarter. Marino Stram & Associates LLC now owns 10,584 shares of the network equipment provider’s stock valued at $734,000 after buying an additional 556 shares during the period. Institutional investors and hedge funds own 73.33% of the company’s stock.

Cisco Systems Trading Up 1.0%

CSCO opened at $68.42 on Wednesday. The firm’s fifty day moving average is $68.12 and its two-hundred day moving average is $64.43. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.91 and a current ratio of 1.00. The firm has a market cap of $270.48 billion, a PE ratio of 26.11, a price-to-earnings-growth ratio of 2.85 and a beta of 0.99. Cisco Systems, Inc. has a twelve month low of $52.11 and a twelve month high of $72.55.

Cisco Systems (NASDAQ:CSCOGet Free Report) last posted its earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share for the quarter, topping the consensus estimate of $0.98 by $0.01. The company had revenue of $14.67 billion for the quarter, compared to analyst estimates 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 period last year, the business posted $0.87 earnings per share. Cisco Systems has set its Q1 2026 guidance at 0.970-0.990 EPS. FY 2026 guidance at 4.000-4.060 EPS. Equities research analysts anticipate that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Announces Dividend

The company 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 $0.41 dividend. The ex-dividend date is Friday, October 3rd. This represents a $1.64 annualized dividend and a yield of 2.4%. Cisco Systems’s dividend payout ratio (DPR) is 62.60%.

Insider Activity at Cisco Systems

In other news, EVP Thimaya K. Subaiya sold 1,744 shares of the stock in a transaction on Friday, September 12th. The shares were sold at an average price of $66.78, for a total transaction of $116,464.32. Following the completion of the sale, the executive vice president owned 158,009 shares of the company’s stock, valued at $10,551,841.02. This represents a 1.09% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Deborah L. Stahlkopf sold 2,718 shares of the stock in a transaction on Thursday, September 11th. The stock was sold at an average price of $68.08, for a total transaction of $185,041.44. Following the sale, the executive vice president directly owned 157,184 shares of the company’s stock, valued at $10,701,086.72. This represents a 1.70% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 82,965 shares of company stock valued at $5,559,996 over the last three months. Insiders own 0.01% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on CSCO shares. Deutsche Bank Aktiengesellschaft raised shares of Cisco Systems from a “hold” rating to a “buy” rating and lifted their target price for the company from $65.00 to $73.00 in a research note on Monday, June 16th. Wall Street Zen lowered shares of Cisco Systems from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 12th. 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. UBS Group upped their price objective on shares of Cisco Systems from $70.00 to $74.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 5th. Finally, HSBC reissued a “hold” rating and set a $69.00 price target on shares of Cisco Systems in a research note on Friday, August 15th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $74.53.

View Our Latest Stock Analysis on Cisco Systems

Cisco Systems Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Cisco Systems (NASDAQ:CSCO)

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