Cisco Systems, Inc. $CSCO Stock Holdings Increased by Safe Harbor Fiduciary LLC

Safe Harbor Fiduciary LLC raised its position in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 205.7% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 28,920 shares of the network equipment provider’s stock after purchasing an additional 19,459 shares during the quarter. Cisco Systems comprises about 1.9% of Safe Harbor Fiduciary LLC’s investment portfolio, making the stock its 15th largest position. Safe Harbor Fiduciary LLC’s holdings in Cisco Systems were worth $2,006,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in 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 valued at $28,000 after acquiring an additional 193 shares in the last quarter. Legacy Investment Solutions LLC bought a new stake in Cisco Systems during the second quarter valued at $28,000. Pandora Wealth Inc. bought a new stake in Cisco Systems during the first quarter valued at $31,000. Nova Wealth Management Inc. acquired a new stake in shares of Cisco Systems during the first quarter worth $31,000. Finally, Brown Shipley& Co Ltd bought a new position in shares of Cisco Systems in the 2nd quarter worth about $32,000. Institutional investors and hedge funds own 73.33% of the company’s stock.

Insider Buying and Selling at Cisco Systems

In related news, SVP Maria Victoria Wong sold 9,801 shares of the company’s stock in a transaction dated Monday, November 24th. The shares were sold at an average price of $76.38, for a total value of $748,600.38. Following the completion of the sale, the senior vice president owned 33,026 shares of the company’s stock, valued at $2,522,525.88. This represents a 22.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Charles Robbins sold 116,734 shares of the firm’s stock in a transaction dated Tuesday, November 18th. The shares were sold at an average price of $77.30, for a total transaction of $9,023,538.20. Following the transaction, the chief executive officer directly owned 704,153 shares in the company, valued at approximately $54,431,026.90. The trade was a 14.22% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 1,024,627 shares of company stock valued at $79,621,482. 0.01% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. Rosenblatt Securities boosted their price objective on shares of Cisco Systems from $87.00 to $100.00 and gave the company a “buy” rating in a research report on Thursday, November 13th. KeyCorp lifted their target price on Cisco Systems from $77.00 to $87.00 and gave the company an “overweight” rating in a research note on Thursday, November 13th. BNP Paribas Exane upped their target price on Cisco Systems from $76.00 to $86.00 and gave the company an “outperform” rating in a report on Thursday, November 13th. Morgan Stanley raised their price target on Cisco Systems from $77.00 to $82.00 and gave the stock an “overweight” rating in a report on Thursday, November 13th. Finally, Argus raised their price target on Cisco Systems from $80.00 to $100.00 in a report on Thursday, November 13th. Seventeen analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $84.14.

Cisco Systems Stock Performance

CSCO opened at $76.07 on Thursday. Cisco Systems, Inc. has a twelve month low of $52.11 and a twelve month high of $80.06. The stock has a market cap of $300.56 billion, a PE ratio of 29.03, a price-to-earnings-growth ratio of 3.00 and a beta of 0.95. The business’s 50 day moving average is $71.38 and its 200-day moving average is $68.48. The company has a current ratio of 1.00, a quick ratio of 0.91 and a debt-to-equity ratio of 0.49.

Cisco Systems (NASDAQ:CSCO) last posted its earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 EPS for the quarter, beating the consensus estimate of $0.98 by $0.02. The firm had revenue of $14.88 billion for the quarter, compared to analysts’ expectations of $14.77 billion. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The firm’s revenue was up 7.5% compared to the same quarter last year. During the same period last year, the firm earned $0.91 EPS. Cisco Systems has set its FY 2026 guidance at 4.080-4.140 EPS. Q2 2026 guidance at 1.010-1.030 EPS. On average, analysts predict that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.

Cisco Systems Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 21st. Investors of record on Friday, January 2nd will be paid a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date is Friday, January 2nd. Cisco Systems’s payout ratio is currently 61.65%.

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.