Kennebec Savings Bank Purchases 206 Shares of Cisco Systems, Inc. $CSCO

Kennebec Savings Bank grew its stake in Cisco Systems, Inc. (NASDAQ:CSCO) by 0.9% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 23,213 shares of the network equipment provider’s stock after purchasing an additional 206 shares during the period. Cisco Systems makes up approximately 1.6% of Kennebec Savings Bank’s holdings, making the stock its 13th largest holding. Kennebec Savings Bank’s holdings in Cisco Systems were worth $1,611,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of CSCO. Brighton Jones LLC boosted its position in Cisco Systems by 49.5% in the 4th quarter. Brighton Jones LLC now owns 74,187 shares of the network equipment provider’s stock valued at $4,392,000 after buying an additional 24,562 shares during the last quarter. Revolve Wealth Partners LLC raised its stake in Cisco Systems by 37.0% during the 4th quarter. Revolve Wealth Partners LLC now owns 9,156 shares of the network equipment provider’s stock worth $542,000 after buying an additional 2,474 shares during the period. Smith Anglin Financial LLC raised its stake in Cisco Systems by 14.1% during the 1st quarter. Smith Anglin Financial LLC now owns 6,148 shares of the network equipment provider’s stock worth $379,000 after buying an additional 758 shares during the period. Apella Capital LLC raised its stake in Cisco Systems by 22.2% during the 1st quarter. Apella Capital LLC now owns 14,603 shares of the network equipment provider’s stock worth $849,000 after buying an additional 2,651 shares during the period. Finally, Watershed Private Wealth LLC acquired a new stake in shares of Cisco Systems in the 1st quarter valued at about $205,000. 73.33% of the stock is currently owned by institutional investors.

Cisco Systems Price Performance

CSCO stock opened at $68.75 on Thursday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.91 and a current ratio of 1.00. The business has a 50-day simple moving average of $68.12 and a two-hundred day simple moving average of $64.46. Cisco Systems, Inc. has a 52-week low of $52.11 and a 52-week high of $72.55. The company has a market capitalization of $271.78 billion, a P/E ratio of 26.24, a price-to-earnings-growth ratio of 2.88 and a beta of 0.97.

Cisco Systems (NASDAQ:CSCO) last issued its quarterly earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 EPS for the quarter, topping analysts’ consensus estimates of $0.98 by $0.01. The business had revenue of $14.67 billion for the quarter, compared to analyst estimates of $14.63 billion. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.Cisco Systems’s quarterly revenue was up 7.6% compared to the same quarter last year. During the same period last year, the company posted $0.87 earnings per share. Cisco Systems has set its Q1 2026 guidance at 0.970-0.990 EPS. FY 2026 guidance at 4.000-4.060 EPS. 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 announced a quarterly dividend, which will be paid on Wednesday, October 22nd. Investors of record on Friday, October 3rd will be given a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a yield of 2.4%. The ex-dividend date is Friday, October 3rd. Cisco Systems’s payout ratio is presently 62.60%.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on CSCO. Bank of America lifted their target price on Cisco Systems from $76.00 to $85.00 and gave the company a “buy” rating in a research report on Thursday, August 14th. HSBC reiterated a “hold” rating and set a $69.00 price target on shares of Cisco Systems in a report on Friday, August 15th. Wall Street Zen cut Cisco Systems from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 12th. Rosenblatt Securities reiterated a “buy” rating and issued a $87.00 price target on shares of Cisco Systems in a research report on Thursday, August 14th. Finally, Wolfe Research began coverage on shares of Cisco Systems in a research report on Tuesday, July 8th. They issued a “peer perform” rating for the company. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat.com, Cisco Systems currently has an average rating of “Moderate Buy” and an average price target of $74.53.

Insider Transactions at Cisco Systems

In other Cisco Systems news, EVP Deborah L. Stahlkopf sold 9,783 shares of the company’s stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $66.60, for a total transaction of $651,547.80. Following the completion of the transaction, the executive vice president owned 161,662 shares of the company’s stock, valued at $10,766,689.20. This represents a 5.71% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Jeetendra I. Patel sold 9,061 shares of the company’s stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $66.60, for a total value of $603,462.60. Following the transaction, the insider directly owned 237,405 shares of the company’s stock, valued at $15,811,173. The trade was a 3.68% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 82,965 shares of company stock worth $5,559,996. Company insiders own 0.01% of the company’s stock.

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.