Johnson Financial Group Inc. Grows Position in Cisco Systems, Inc. $CSCO

Johnson Financial Group Inc. grew its stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 6.8% during the 2nd quarter, Holdings Channel.com reports. The firm owned 136,575 shares of the network equipment provider’s stock after acquiring an additional 8,727 shares during the period. Johnson Financial Group Inc.’s holdings in Cisco Systems were worth $9,476,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Vanguard Group Inc. boosted its holdings in Cisco Systems by 1.3% during the second quarter. Vanguard Group Inc. now owns 393,989,568 shares of the network equipment provider’s stock worth $27,334,996,000 after buying an additional 5,039,714 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Cisco Systems by 1.2% during the 2nd quarter. Geode Capital Management LLC now owns 99,252,395 shares of the network equipment provider’s stock valued at $6,864,058,000 after acquiring an additional 1,157,704 shares during the period. Invesco Ltd. lifted its position in shares of Cisco Systems by 10.4% during the 1st quarter. Invesco Ltd. now owns 47,117,146 shares of the network equipment provider’s stock valued at $2,907,599,000 after acquiring an additional 4,437,450 shares during the period. Goldman Sachs Group Inc. boosted its stake in shares of Cisco Systems by 37.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 46,973,293 shares of the network equipment provider’s stock worth $2,898,722,000 after acquiring an additional 12,775,066 shares in the last quarter. Finally, Franklin Resources Inc. grew its holdings in shares of Cisco Systems by 46.2% in the 2nd quarter. Franklin Resources Inc. now owns 40,836,858 shares of the network equipment provider’s stock worth $2,833,261,000 after acquiring an additional 12,904,969 shares during the period. 73.33% of the stock is owned by institutional investors and hedge funds.

Cisco Systems Stock Performance

NASDAQ:CSCO opened at $76.07 on Thursday. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.00 and a quick ratio of 0.91. The firm has a market cap of $300.56 billion, a PE ratio of 29.03, a P/E/G ratio of 3.00 and a beta of 0.95. The firm has a 50 day simple moving average of $71.38 and a 200-day simple moving average of $68.48. Cisco Systems, Inc. has a 1-year low of $52.11 and a 1-year high of $80.06.

Cisco Systems (NASDAQ:CSCO) last released its earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 EPS for the quarter, topping the consensus estimate of $0.98 by $0.02. The firm had revenue of $14.88 billion during the quarter, compared to analysts’ expectations of $14.77 billion. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. Cisco Systems’s revenue for the quarter was up 7.5% on a year-over-year basis. During the same period in the previous year, the company 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, equities analysts expect that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Announces Dividend

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

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. Erste Group Bank raised Cisco Systems from a “hold” rating to a “buy” rating in a report on Monday, November 10th. Weiss Ratings reiterated a “buy (b)” rating on shares of Cisco Systems in a research report on Thursday, October 30th. Citic Securities raised their target price on shares of Cisco Systems from $75.00 to $90.00 in a report on Monday, November 17th. William Blair raised shares of Cisco Systems to a “hold” rating in a research note on Thursday, August 14th. Finally, Morgan Stanley lifted their price objective on Cisco Systems from $77.00 to $82.00 and gave the stock an “overweight” rating in a research report on Thursday, November 13th. Seventeen analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $84.14.

Insider Activity

In other news, CEO Charles Robbins sold 281,860 shares of the stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $78.35, for a total transaction of $22,083,731.00. Following the transaction, the chief executive officer directly owned 820,887 shares in the company, valued at $64,316,496.45. This represents a 25.56% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Jeetendra I. Patel sold 163,896 shares of the business’s stock in a transaction that occurred on Friday, November 14th. The shares were sold at an average price of $77.86, for a total transaction of $12,760,942.56. Following the completion of the sale, the insider owned 281,108 shares of the company’s stock, valued at approximately $21,887,068.88. The trade was a 36.83% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 1,024,627 shares of company stock valued at $79,621,482 in the last three months. Company insiders own 0.01% of the company’s stock.

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.