Childress Capital Advisors LLC grew its holdings in Cisco Systems, Inc. (NASDAQ:CSCO – Free Report) by 0.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,806 shares of the network equipment provider’s stock after buying an additional 157 shares during the quarter. Childress Capital Advisors LLC’s holdings in Cisco Systems were worth $1,305,000 at the end of the most recent quarter.
Several other hedge funds have also modified their holdings of CSCO. Brighton Jones LLC raised its holdings in Cisco Systems by 49.5% during the fourth quarter. Brighton Jones LLC now owns 74,187 shares of the network equipment provider’s stock worth $4,392,000 after purchasing an additional 24,562 shares during the last quarter. Revolve Wealth Partners LLC raised its holdings in Cisco Systems by 37.0% during the fourth quarter. Revolve Wealth Partners LLC now owns 9,156 shares of the network equipment provider’s stock worth $542,000 after purchasing an additional 2,474 shares during the last quarter. NBC Securities Inc. raised its holdings in Cisco Systems by 99,042.9% during the first quarter. NBC Securities Inc. now owns 34,700 shares of the network equipment provider’s stock worth $2,141,000 after purchasing an additional 34,665 shares during the last quarter. Elevation Wealth Partners LLC raised its holdings in Cisco Systems by 204.8% during the first quarter. Elevation Wealth Partners LLC now owns 2,679 shares of the network equipment provider’s stock worth $164,000 after purchasing an additional 1,800 shares during the last quarter. Finally, Merit Financial Group LLC raised its holdings in Cisco Systems by 28.1% during the first quarter. Merit Financial Group LLC now owns 172,578 shares of the network equipment provider’s stock worth $10,650,000 after purchasing an additional 37,813 shares during the last quarter. 73.33% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
CSCO has been the subject of several research reports. Deutsche Bank Aktiengesellschaft raised Cisco Systems from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $65.00 to $73.00 in a report on Monday, June 16th. KeyCorp initiated coverage on Cisco Systems in a report on Thursday, June 26th. They set an “overweight” rating and a $77.00 price objective for the company. William Blair raised Cisco Systems to a “hold” rating in a report on Thursday, August 14th. Wolfe Research started coverage on Cisco Systems in a report on Tuesday, July 8th. They issued a “peer perform” rating for the company. Finally, Wall Street Zen cut Cisco Systems from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 12th. 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’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $74.53.
Cisco Systems Stock Performance
NASDAQ CSCO opened at $68.42 on Wednesday. Cisco Systems, Inc. has a fifty-two week low of $52.11 and a fifty-two week high of $72.55. The stock has a market cap of $270.48 billion, a price-to-earnings ratio of 26.11, a price-to-earnings-growth ratio of 2.85 and a beta of 0.99. The business has a fifty day moving average of $68.12 and a 200-day moving average of $64.43. The company has a quick ratio of 0.91, a current ratio of 1.00 and a debt-to-equity ratio of 0.49.
Cisco Systems (NASDAQ:CSCO – Get Free Report) last released its quarterly earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share for the quarter, topping analysts’ consensus estimates 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 return on equity of 27.06% and a net margin of 18.45%.The business’s revenue for the quarter was up 7.6% compared to the same quarter last year. During the same period in the previous year, the firm 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. As a group, analysts predict that Cisco Systems, Inc. will post 3.04 earnings per share for the current fiscal year.
Cisco Systems Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 22nd. Stockholders of record on Friday, October 3rd will be given a $0.41 dividend. The ex-dividend date of this dividend is Friday, October 3rd. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.4%. Cisco Systems’s payout ratio is currently 62.60%.
Insiders Place Their Bets
In other news, EVP Thimaya K. Subaiya sold 1,744 shares of Cisco Systems stock in a transaction on Friday, September 12th. The stock was sold at an average price of $66.78, for a total value 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. The trade was a 1.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Charles Robbins sold 30,557 shares of Cisco Systems 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 sale, the chief executive officer directly owned 639,000 shares of the company’s stock, valued at approximately $42,576,570. This represents a 4.56% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 82,965 shares of company stock valued at $5,559,996. 0.01% of the stock is currently owned by company 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.
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