Hilton Capital Management LLC Acquires 27,536 Shares of Cisco Systems, Inc. $CSCO

Hilton Capital Management LLC lifted its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 35.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 104,328 shares of the network equipment provider’s stock after purchasing an additional 27,536 shares during the quarter. Hilton Capital Management LLC’s holdings in Cisco Systems were worth $7,238,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Bare Financial Services Inc boosted its holdings in shares of Cisco Systems by 531.0% in the second quarter. Bare Financial Services Inc now owns 366 shares of the network equipment provider’s stock valued at $25,000 after buying an additional 308 shares during the period. Financial Connections Group Inc. raised 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 bought a new stake in Cisco Systems in the 2nd quarter valued at $28,000. Nova Wealth Management Inc. acquired a new position in Cisco Systems in the 1st quarter worth $31,000. Finally, Brown Shipley& Co Ltd acquired a new stake in shares of Cisco Systems in the 2nd quarter valued at about $32,000. 73.33% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have recently weighed in on CSCO. Hsbc Global Res cut Cisco Systems from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 15th. Erste Group Bank upgraded Cisco Systems from a “hold” rating to a “buy” rating in a research note on Monday, November 10th. Melius Research raised their price target on shares of Cisco Systems from $84.00 to $100.00 and gave the stock a “buy” rating in a research note on Thursday, November 13th. Weiss Ratings reissued a “buy (b)” rating on shares of Cisco Systems in a research report on Thursday, October 30th. Finally, Wall Street Zen downgraded shares of Cisco Systems from a “buy” rating to a “hold” rating in a research report on Saturday, November 22nd. Seventeen research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $84.14.

Insider Buying and Selling

In other news, EVP Deborah L. Stahlkopf sold 164,584 shares of the company’s stock in a transaction on Friday, November 14th. The stock was sold at an average price of $77.85, for a total transaction of $12,812,864.40. Following the completion of the sale, the executive vice president directly owned 196,738 shares in the company, valued at approximately $15,316,053.30. This represents a 45.55% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, SVP Maria Victoria Wong sold 428 shares of the stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $80.33, for a total transaction of $34,381.24. Following the sale, the senior vice president owned 32,176 shares in the company, valued at $2,584,698.08. The trade was a 1.31% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 1,021,910 shares of company stock valued at $79,463,804 in the last quarter. Corporate insiders own 0.01% of the company’s stock.

Cisco Systems Price Performance

NASDAQ:CSCO opened at $77.80 on Friday. The company has a current ratio of 0.93, a quick ratio of 0.83 and a debt-to-equity ratio of 0.46. The firm has a fifty day simple moving average of $73.77 and a 200 day simple moving average of $69.69. Cisco Systems, Inc. has a 1-year low of $52.11 and a 1-year high of $80.82. The stock has a market capitalization of $307.40 billion, a PE ratio of 29.25, a P/E/G ratio of 3.00 and a beta of 0.87.

Cisco Systems (NASDAQ:CSCO) last announced its quarterly 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 27.29% and a net margin of 18.38%.The firm had revenue of $14.88 billion for the quarter, compared to the consensus estimate of $14.77 billion. During the same quarter in the previous year, the business earned $0.91 earnings per share. The business’s revenue was up 7.5% compared to the same quarter last year. Cisco Systems has set its FY 2026 guidance at 4.080-4.140 EPS and its Q2 2026 guidance at 1.010-1.030 EPS. On average, research analysts expect that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.

Cisco Systems Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 21st. Shareholders of record on Friday, January 2nd will be paid a $0.41 dividend. The ex-dividend date is Friday, January 2nd. This represents a $1.64 annualized dividend and a yield of 2.1%. Cisco Systems’s payout ratio is 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.