Pacific Sage Partners LLC Buys 156 Shares of Cisco Systems, Inc. $CSCO

Pacific Sage Partners LLC grew its stake in shares of Cisco Systems, Inc. (NASDAQ:CSCOFree Report) by 0.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 16,746 shares of the network equipment provider’s stock after buying an additional 156 shares during the period. Pacific Sage Partners LLC’s holdings in Cisco Systems were worth $1,162,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Octavia Wealth Advisors LLC increased its position in shares of Cisco Systems by 3.7% during the second quarter. Octavia Wealth Advisors LLC now owns 5,594 shares of the network equipment provider’s stock valued at $388,000 after buying an additional 199 shares during the period. Maridea Wealth Management LLC bought a new position in shares of Cisco Systems in the second quarter worth approximately $571,000. Magnus Financial Group LLC increased its position in shares of Cisco Systems by 3.4% in the second quarter. Magnus Financial Group LLC now owns 10,787 shares of the network equipment provider’s stock worth $748,000 after purchasing an additional 356 shares during the last quarter. Motive Wealth Advisors bought a new position in shares of Cisco Systems in the second quarter worth approximately $261,000. Finally, LeConte Wealth Management LLC increased its position in shares of Cisco Systems by 64.4% in the second quarter. LeConte Wealth Management LLC now owns 10,290 shares of the network equipment provider’s stock worth $714,000 after purchasing an additional 4,030 shares during the last quarter. 73.33% of the stock is currently owned by institutional investors.

Cisco Systems Stock Performance

NASDAQ:CSCO opened at $67.32 on Thursday. The firm has a market cap of $266.13 billion, a PE ratio of 25.69, a price-to-earnings-growth ratio of 2.84 and a beta of 0.99. Cisco Systems, Inc. has a fifty-two week low of $52.11 and a fifty-two week high of $72.55. 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 moving average price of $68.15 and a 200-day moving average price of $64.21.

Cisco Systems (NASDAQ:CSCOGet Free Report) last released its quarterly earnings data on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share for the quarter, beating analysts’ consensus estimates of $0.98 by $0.01. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The firm had revenue of $14.67 billion during the quarter, compared to analyst estimates of $14.63 billion. During the same quarter in the prior year, the firm posted $0.87 earnings per share. The business’s quarterly revenue was up 7.6% compared to the same quarter last year. Cisco Systems has set its Q1 2026 guidance at 0.970-0.990 EPS. FY 2026 guidance at 4.000-4.060 EPS. Equities research analysts predict that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.

Cisco Systems Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 22nd. Investors of record on Friday, October 3rd will be paid a $0.41 dividend. The ex-dividend date of this dividend is Friday, October 3rd. This represents a $1.64 dividend on an annualized basis and a yield of 2.4%. Cisco Systems’s dividend payout ratio (DPR) is presently 62.60%.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on CSCO shares. Bank of America upped their price objective on shares of Cisco Systems from $76.00 to $85.00 and gave the stock a “buy” rating in a research report on Thursday, August 14th. Barclays upped their price objective on shares of Cisco Systems from $66.00 to $71.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 14th. William Blair upgraded shares of Cisco Systems to a “hold” rating in a research report on Thursday, August 14th. Morgan Stanley increased their price target on shares of Cisco Systems from $67.00 to $70.00 and gave the company an “overweight” rating in a research report on Friday, July 18th. Finally, Hsbc Global Res cut shares of Cisco Systems from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 15th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $74.53.

Read Our Latest Stock Report on CSCO

Insider Buying and Selling

In related news, EVP Deborah L. Stahlkopf sold 2,718 shares of the firm’s stock in a transaction on Thursday, September 11th. The stock was sold at an average price of $68.08, for a total value of $185,041.44. Following the completion of the sale, the executive vice president owned 157,184 shares of the company’s stock, valued at $10,701,086.72. This trade represents a 1.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Charles Robbins sold 30,557 shares of the firm’s stock in a transaction on Friday, August 15th. The stock was sold at an average price of $66.63, for a total value of $2,036,012.91. Following the completion of the sale, the chief executive officer directly owned 639,000 shares of the company’s stock, valued at $42,576,570. The trade was a 4.56% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 82,965 shares of company stock valued at $5,559,996 over the last three months. Insiders own 0.01% of the company’s stock.

About Cisco Systems

(Free Report)

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.

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Institutional Ownership by Quarter for Cisco Systems (NASDAQ:CSCO)

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