Cisco Systems, Inc. $CSCO Shares Purchased by Journey Advisory Group LLC

Journey Advisory Group LLC increased its stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 5.1% in the 2nd quarter, HoldingsChannel reports. The firm owned 4,951 shares of the network equipment provider’s stock after buying an additional 240 shares during the quarter. Journey Advisory Group LLC’s holdings in Cisco Systems were worth $343,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Financial Connections Group Inc. raised its position in shares of Cisco Systems by 89.4% during the 2nd quarter. Financial Connections Group Inc. now owns 409 shares of the network equipment provider’s stock worth $28,000 after purchasing an additional 193 shares during the last quarter. Brown Shipley& Co Ltd acquired a new position in shares of Cisco Systems during the 2nd quarter worth approximately $32,000. Pandora Wealth Inc. acquired a new position in shares of Cisco Systems during the 1st quarter worth approximately $31,000. Nova Wealth Management Inc. acquired a new position in shares of Cisco Systems during the 1st quarter worth approximately $31,000. Finally, Fairway Wealth LLC raised its holdings 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 acquiring an additional 400 shares during the last quarter. 73.33% of the stock is currently owned by institutional investors and hedge funds.

Cisco Systems Stock Up 0.7%

Shares of NASDAQ CSCO opened at $70.65 on Tuesday. Cisco Systems, Inc. has a 52-week low of $52.11 and a 52-week high of $72.55. The firm has a fifty day moving average of $68.20 and a 200-day moving average of $65.31. The stock has a market capitalization of $279.29 billion, a PE ratio of 26.97, a P/E/G ratio of 2.95 and a beta of 0.97. 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) last announced its quarterly earnings data 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 net margin of 18.45% and a return on equity of 27.06%. The company had revenue of $14.67 billion during the quarter, compared to analysts’ expectations of $14.63 billion. During the same period in the previous year, the company earned $0.87 EPS. The business’s quarterly revenue was up 7.6% compared to the same quarter last year. 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 anticipate that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 22nd. Investors of record on Friday, October 3rd will be given a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend is Friday, October 3rd. Cisco Systems’s dividend payout ratio is 62.60%.

Insider Activity

In related news, CEO Charles Robbins sold 30,557 shares of the company’s stock in a transaction on Friday, August 15th. The shares were sold at an average price of $66.63, for a total transaction 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Maria Victoria Wong sold 428 shares of the company’s stock in a transaction on Thursday, September 11th. The stock was sold at an average price of $68.25, for a total transaction of $29,211.00. Following the sale, the senior vice president directly owned 30,619 shares of the company’s stock, valued at approximately $2,089,746.75. This trade represents a 1.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 82,965 shares of company stock worth $5,559,996 in the last quarter. Insiders own 0.01% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. Barclays boosted their price target on Cisco Systems from $66.00 to $71.00 and gave the company an “equal weight” rating in a report on Thursday, August 14th. Wall Street Zen downgraded Cisco Systems from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 12th. UBS Group boosted their price target on Cisco Systems from $70.00 to $74.00 and gave the company a “neutral” rating in a report on Tuesday, August 5th. Morgan Stanley boosted their price target on Cisco Systems from $73.00 to $77.00 and gave the company an “overweight” rating in a report on Friday, October 10th. Finally, CICC Research assumed coverage on Cisco Systems in a report on Monday, July 14th. They issued an “outperform” rating and a $78.00 price target for the company. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and ten have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $74.72.

Cisco Systems Company 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.