Marble Harbor Investment Counsel LLC Sells 6,018 Shares of Cisco Systems, Inc. $CSCO

Marble Harbor Investment Counsel LLC decreased its position in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 1.3% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 443,873 shares of the network equipment provider’s stock after selling 6,018 shares during the period. Cisco Systems accounts for 4.6% of Marble Harbor Investment Counsel LLC’s holdings, making the stock its 4th biggest position. Marble Harbor Investment Counsel LLC’s holdings in Cisco Systems were worth $47,774,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. Halbert Hargrove Global Advisors LLC increased its position in shares of Cisco Systems by 142.5% during the third quarter. Halbert Hargrove Global Advisors LLC now owns 257 shares of the network equipment provider’s stock worth $28,000 after purchasing an additional 151 shares in the last quarter. Kings Path Partners LLC purchased a new stake in shares of Cisco Systems during the 3rd quarter valued at $31,000. Blueline Advisors LLC purchased a new stake in shares of Cisco Systems during the 3rd quarter valued at $32,000. GK Wealth Management LLC acquired a new stake in shares of Cisco Systems in the 3rd quarter worth $37,000. Finally, Principia Wealth Advisory LLC boosted its position in shares of Cisco Systems by 43.7% in the 2nd quarter. Principia Wealth Advisory LLC now owns 398 shares of the network equipment provider’s stock worth $47,000 after purchasing an additional 121 shares in the last quarter. 73.33% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Cisco Systems

In other Cisco Systems news, EVP Thimaya K. Subaiya sold 5,832 shares of Cisco Systems stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $111.47, for a total transaction of $650,093.04. Following the completion of the sale, the executive vice president owned 128,382 shares of the company’s stock, valued at approximately $14,310,741.54. The trade was a 4.35% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Oliver Tuszik sold 680 shares of the business’s stock in a transaction dated Monday, September 14th. The shares were sold at an average price of $110.18, for a total value of $74,922.40. Following the sale, the executive vice president owned 163,337 shares in the company, valued at approximately $17,996,470.66. The trade was a 0.41% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 6,824 shares of company stock worth $759,392. 0.01% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on CSCO. HSBC downgraded Cisco Systems from a “buy” rating to a “hold” rating and dropped their target price for the stock from $137.00 to $120.00 in a research note on Friday, August 14th. Wall Street Zen lowered Cisco Systems from a “buy” rating to a “hold” rating in a research report on Saturday, November 7th. Weiss Ratings reiterated a “buy (b)” rating on shares of Cisco Systems in a research note on Wednesday, August 26th. Deutsche Bank started coverage on Cisco Systems in a report on Tuesday, September 1st. They issued a “buy” rating and a $135.00 price target for the company. Finally, Rosenblatt Securities boosted their price target on Cisco Systems from $150.00 to $165.00 and gave the stock a “buy” rating in a research note on Thursday, August 13th. Three analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $129.14.

Cisco Systems Trading Up 1.2%

Shares of Cisco Systems stock opened at $102.01 on Friday. The company has a current ratio of 0.93, a quick ratio of 0.79 and a debt-to-equity ratio of 0.39. Cisco Systems, Inc. has a 12-month low of $72.80 and a 12-month high of $130.37. The firm has a market capitalization of $402.18 billion, a price-to-earnings ratio of 30.54, a PEG ratio of 2.07 and a beta of 1.01. The firm’s 50 day simple moving average is $108.02 and its two-hundred day simple moving average is $102.13.

Cisco Systems (NASDAQ:CSCO) last posted its quarterly earnings results on Thursday, November 12th. The network equipment provider reported $1.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.33 by $0.07. The business had revenue of $18.52 billion during the quarter, compared to analysts’ expectations of $18.12 billion. Cisco Systems had a net margin of 20.95% and a return on equity of 30.16%. During the same quarter last year, the company posted $1.00 earnings per share. Cisco Systems has set its Q2 2027 guidance at 1.340-1.360 EPS and its FY 2027 guidance at 5.470-5.530 EPS. Analysts predict that Cisco Systems, Inc. will post 4.48 EPS for the current year.

Cisco Systems Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 20th. Investors of record on Monday, January 4th will be given a $0.42 dividend. This represents a $1.68 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend is Monday, January 4th. Cisco Systems’s dividend payout ratio is presently 50.30%.

Key Stories Impacting Cisco Systems

These are some of the CSCO stories that stood out recently:

• Positive Sentiment: Fiscal Q1 adjusted earnings were $1.40 per share versus the $1.33 consensus, while revenue of $18.52 billion topped the $18.12 billion estimate. The company also reported $4.55 billion in net income, and revenue and earnings growth reached their strongest pace in more than 15 years. Cisco stock jumps 5% on earnings and revenue beat
• Positive Sentiment: Cisco raised its fiscal 2027 adjusted EPS forecast to $5.47–$5.53, above the $5.10 FactSet estimate, and its revenue outlook to $74.8–$75.8 billion, versus $73.2 billion expected. Its Q2 EPS and revenue guidance also exceeded consensus, supporting expectations for continued growth. Cisco raises annual revenue forecast on strong AI networking demand
• Positive Sentiment: Management pointed to robust AI-networking demand, including data-center growth, as a major tailwind. Investors may see Cisco as benefiting from increased spending on the networking infrastructure needed for AI. Cisco Earnings, Revenue Top Estimates On AI Data Center Growth

About Cisco Systems

Cisco Systems, Inc. develops networking, cybersecurity, collaboration and observability technologies for businesses, governments and other organizations. Its products include routers, switches, wireless systems and data center infrastructure, along with security software and services that help organizations connect and protect their networks. The company also provides collaboration tools through its Webex platform and observability capabilities through its software offerings, including technology from Splunk, which Cisco acquired in 2024.