Fiduciary Family Office LLC Acquires 846 Shares of Cisco Systems, Inc. $CSCO

Fiduciary Family Office LLC grew its position in Cisco Systems, Inc. (NASDAQ:CSCO) by 5.8% during the second quarter, HoldingsChannel.com reports. The fund owned 15,407 shares of the network equipment provider’s stock after acquiring an additional 846 shares during the quarter. Fiduciary Family Office LLC’s holdings in Cisco Systems were worth $1,069,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Financial Connections Group Inc. increased its stake in Cisco Systems by 89.4% in the 2nd quarter. Financial Connections Group Inc. now owns 409 shares of the network equipment provider’s stock worth $28,000 after acquiring an additional 193 shares during the last quarter. Pandora Wealth Inc. bought a new stake in Cisco Systems in the 1st quarter worth approximately $31,000. Nova Wealth Management Inc. bought a new stake in Cisco Systems in the 1st quarter worth approximately $31,000. Brown Shipley& Co Ltd bought a new stake in Cisco Systems in the 2nd quarter worth approximately $32,000. Finally, Fairway Wealth LLC increased its stake in Cisco Systems by 224.7% in the 1st quarter. Fairway Wealth LLC now owns 578 shares of the network equipment provider’s stock worth $36,000 after acquiring an additional 400 shares during the last quarter. Institutional investors own 73.33% of the company’s stock.

Cisco Systems Price Performance

CSCO opened at $70.65 on Tuesday. The business has a fifty day moving average of $68.20 and a 200 day moving average of $65.31. Cisco Systems, Inc. has a 52-week low of $52.11 and a 52-week high of $72.55. The company has a quick ratio of 0.91, a current ratio of 1.00 and a debt-to-equity ratio of 0.49. The stock has a market cap of $279.29 billion, a P/E ratio of 26.97, a PEG ratio of 2.95 and a beta of 0.97.

Cisco Systems (NASDAQ:CSCO) last posted its quarterly earnings data 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. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The company had revenue of $14.67 billion during the quarter, compared to analysts’ expectations of $14.63 billion. During the same quarter in the previous year, the business earned $0.87 EPS. Cisco Systems’s 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. As a group, sell-side analysts anticipate that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Announces Dividend

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

Analyst Upgrades and Downgrades

CSCO has been the topic of a number of research reports. Piper Sandler lifted their price objective on Cisco Systems from $64.00 to $70.00 and gave the stock a “neutral” rating in a research note on Thursday, August 14th. CICC Research initiated coverage on Cisco Systems in a report on Monday, July 14th. They issued an “outperform” rating and a $78.00 target price for the company. Rosenblatt Securities reiterated a “buy” rating and issued a $87.00 target price on shares of Cisco Systems in a report on Thursday, August 14th. Evercore ISI lifted their target price on Cisco Systems from $72.00 to $74.00 and gave the stock an “in-line” rating in a report on Thursday, August 14th. Finally, Barclays lifted their target price on Cisco Systems from $66.00 to $71.00 and gave the stock an “equal weight” rating in a report on Thursday, August 14th. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $74.72.

Insiders Place Their Bets

In other Cisco Systems news, CEO Charles Robbins sold 30,557 shares of the company’s stock in a transaction on Friday, August 15th. The stock was 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 in the company, valued at approximately $42,576,570. This represents a 4.56% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Oliver Tuszik sold 17,526 shares of the company’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 completion of the sale, the executive vice president owned 198,855 shares of the company’s stock, valued at $13,512,197.25. This represents a 8.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 82,965 shares of company stock worth $5,559,996. 0.01% of the stock is owned by company insiders.

About Cisco Systems

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.