Grandfield & Dodd LLC Has $596,000 Position in Cisco Systems, Inc. $CSCO

Grandfield & Dodd LLC grew its stake in Cisco Systems, Inc. (NASDAQ:CSCO) by 8.8% during the 2nd quarter, Holdings Channel.com reports. The firm owned 8,584 shares of the network equipment provider’s stock after acquiring an additional 691 shares during the period. Grandfield & Dodd LLC’s holdings in Cisco Systems were worth $596,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Financial Connections Group Inc. boosted its holdings in shares of Cisco Systems by 89.4% during the second 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 period. Legacy Investment Solutions LLC acquired a new position in Cisco Systems in the 2nd quarter valued at $28,000. Pandora Wealth Inc. bought a new position in Cisco Systems during the 1st quarter worth $31,000. Nova Wealth Management Inc. bought a new stake in shares of Cisco Systems in the first quarter valued at about $31,000. Finally, Brown Shipley& Co Ltd acquired a new position in shares of Cisco Systems in the second quarter valued at about $32,000. Institutional investors own 73.33% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on CSCO shares. HSBC restated a “hold” rating and set a $69.00 target price on shares of Cisco Systems in a research note on Friday, August 15th. Citigroup lifted their target price on Cisco Systems from $80.00 to $85.00 and gave the company a “buy” rating in a research report on Thursday. Rosenblatt Securities increased their target price on shares of Cisco Systems from $87.00 to $100.00 and gave the stock a “buy” rating in a report on Thursday. Erste Group Bank raised shares of Cisco Systems from a “hold” rating to a “buy” rating in a report on Monday. Finally, Morgan Stanley increased their price objective on shares of Cisco Systems from $77.00 to $82.00 and gave the company an “overweight” rating in a research note on Thursday. Sixteen investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $82.32.

Cisco Systems Stock Performance

NASDAQ CSCO opened at $77.38 on Friday. The company has a market capitalization of $304.93 billion, a price-to-earnings ratio of 29.53, a PEG ratio of 3.00 and a beta of 0.95. 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, Inc. has a twelve month low of $52.11 and a twelve month high of $79.50. The stock has a fifty day simple moving average of $69.64 and a 200 day simple moving average of $67.27.

Cisco Systems (NASDAQ:CSCO) last issued its earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 earnings per share for the quarter, topping analysts’ consensus estimates of $0.98 by $0.02. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The business had revenue of $14.88 billion during the quarter, compared to the consensus estimate of $14.77 billion. During the same period in the previous year, the company posted $0.91 earnings per share. The firm’s revenue for the quarter was up 7.5% on a year-over-year basis. Cisco Systems has set its FY 2026 guidance at 4.080-4.140 EPS. Q2 2026 guidance at 1.010-1.030 EPS. Sell-side analysts expect 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, January 21st. Stockholders of record on Friday, January 2nd will be given a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend is Friday, January 2nd. Cisco Systems’s dividend payout ratio is presently 62.60%.

Insider Transactions at Cisco Systems

In related news, EVP Oliver Tuszik sold 17,526 shares of Cisco Systems stock in a transaction on Friday, September 19th. The shares were 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 approximately $13,512,197.25. This trade represents a 8.10% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, SVP Maria Victoria Wong sold 3,162 shares of the company’s stock in a transaction on Monday, August 25th. The stock was sold at an average price of $67.28, for a total transaction of $212,739.36. Following the transaction, the senior vice president owned 31,468 shares in the company, valued at approximately $2,117,167.04. The trade was a 9.13% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 33,089 shares of company stock valued at $2,236,383 in the last 90 days. 0.01% of the stock is currently 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.