Police & Firemen s Retirement System of New Jersey Purchases 22,936 Shares of Cisco Systems, Inc. $CSCO

Police & Firemen s Retirement System of New Jersey grew its holdings in Cisco Systems, Inc. (NASDAQ:CSCO) by 3.9% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 604,559 shares of the network equipment provider’s stock after acquiring an additional 22,936 shares during the quarter. Cisco Systems accounts for about 0.4% of Police & Firemen s Retirement System of New Jersey’s investment portfolio, making the stock its 29th largest holding. Police & Firemen s Retirement System of New Jersey’s holdings in Cisco Systems were worth $41,944,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the business. Austin Wealth Management LLC boosted its position in shares of Cisco Systems by 3.5% during the second quarter. Austin Wealth Management LLC now owns 5,538 shares of the network equipment provider’s stock worth $377,000 after buying an additional 189 shares during the period. Bailard Inc. boosted its holdings in Cisco Systems by 26.3% during the second quarter. Bailard Inc. now owns 156,038 shares of the network equipment provider’s stock worth $10,826,000 after purchasing an additional 32,481 shares during the last quarter. Geode Capital Management LLC grew its position in Cisco Systems by 1.2% in the second 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 purchasing an additional 1,157,704 shares in the last quarter. Kelleher Financial Advisors increased its stake in Cisco Systems by 34.7% in the 2nd quarter. Kelleher Financial Advisors now owns 17,333 shares of the network equipment provider’s stock valued at $1,203,000 after buying an additional 4,466 shares during the last quarter. Finally, denkapparat Operations GmbH bought a new stake in Cisco Systems during the 2nd quarter worth about $789,000. Institutional investors own 73.33% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Weiss Ratings restated a “buy (b)” rating on shares of Cisco Systems in a report on Thursday, October 30th. UBS Group upgraded shares of Cisco Systems from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $74.00 to $88.00 in a research note on Monday, November 3rd. KeyCorp upped their target price on shares of Cisco Systems from $77.00 to $87.00 and gave the company an “overweight” rating in a report on Thursday. Bank of America boosted their price target on Cisco Systems from $85.00 to $95.00 and gave the stock a “buy” rating in a research report on Thursday. Finally, Piper Sandler raised their price objective on Cisco Systems from $64.00 to $70.00 and gave the company a “neutral” rating in a research report on Thursday, August 14th. Sixteen equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat.com, Cisco Systems currently has a consensus rating of “Moderate Buy” and a consensus target price of $79.11.

Insider Transactions at Cisco Systems

In other news, EVP Oliver Tuszik sold 17,526 shares of the stock in a transaction on Friday, September 19th. The stock was sold at an average price of $67.95, for a total transaction of $1,190,891.70. Following the sale, the executive vice president directly owned 198,855 shares of the company’s stock, valued at approximately $13,512,197.25. This represents a 8.10% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Deborah L. Stahlkopf sold 9,783 shares of the business’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 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. The trade was a 5.71% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 82,965 shares of company stock worth $5,559,996. Corporate insiders own 0.01% of the company’s stock.

Cisco Systems Stock Performance

CSCO opened at $73.96 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 business has a fifty day simple moving average of $69.46 and a 200 day simple moving average of $67.20. Cisco Systems, Inc. has a 1 year low of $52.11 and a 1 year high of $74.84. The company has a market capitalization of $291.46 billion, a PE ratio of 28.23, a price-to-earnings-growth ratio of 3.00 and a beta of 0.95.

Cisco Systems (NASDAQ:CSCO) last posted its 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 27.06% and a net margin of 18.45%.The company had revenue of $14.88 billion during the quarter, compared to the consensus estimate of $14.77 billion. During the same quarter last year, the firm earned $0.91 earnings per share. The company’s revenue was up 7.5% on a year-over-year basis. Cisco Systems has set its FY 2026 guidance at 4.080-4.140 EPS. Q2 2026 guidance at 1.010-1.030 EPS. Research analysts expect that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Dividend Announcement

The business 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 dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date is Friday, January 2nd. Cisco Systems’s dividend payout ratio (DPR) is 62.60%.

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.