Requisite Capital Management LLC Trims Position in Cisco Systems, Inc. $CSCO

Requisite Capital Management LLC lessened its stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 2.7% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 20,843 shares of the network equipment provider’s stock after selling 568 shares during the quarter. Cisco Systems comprises 0.3% of Requisite Capital Management LLC’s portfolio, making the stock its 22nd largest holding. Requisite Capital Management LLC’s holdings in Cisco Systems were worth $1,446,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently modified their holdings of CSCO. Brighton Jones LLC boosted its position in shares of Cisco Systems by 49.5% during the 4th quarter. Brighton Jones LLC now owns 74,187 shares of the network equipment provider’s stock valued at $4,392,000 after acquiring an additional 24,562 shares during the last quarter. Revolve Wealth Partners LLC boosted its position in shares of 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 valued at $542,000 after acquiring an additional 2,474 shares during the last quarter. NBC Securities Inc. boosted its position in shares of Cisco Systems by 99,042.9% during the 1st quarter. NBC Securities Inc. now owns 34,700 shares of the network equipment provider’s stock valued at $2,141,000 after acquiring an additional 34,665 shares during the last quarter. Elevation Wealth Partners LLC boosted its position in shares of Cisco Systems by 204.8% during the 1st quarter. Elevation Wealth Partners LLC now owns 2,679 shares of the network equipment provider’s stock valued at $164,000 after acquiring an additional 1,800 shares during the last quarter. Finally, Merit Financial Group LLC boosted its position in shares of Cisco Systems by 28.1% during the 1st quarter. Merit Financial Group LLC now owns 172,578 shares of the network equipment provider’s stock valued at $10,650,000 after acquiring an additional 37,813 shares during the last quarter. Institutional investors own 73.33% of the company’s stock.

Cisco Systems Stock Performance

Shares of CSCO stock opened at $68.42 on Wednesday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.91 and a current ratio of 1.00. Cisco Systems, Inc. has a fifty-two week low of $52.11 and a fifty-two week high of $72.55. The stock has a 50 day moving average price of $68.12 and a two-hundred day moving average price of $64.43. The company has a market capitalization of $270.48 billion, a P/E ratio of 26.11, a PEG ratio of 2.85 and a beta of 0.99.

Cisco Systems (NASDAQ:CSCO) last announced its quarterly earnings data on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share for the quarter, beating the consensus estimate 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 the consensus estimate of $14.63 billion. During the same quarter in the previous year, the company posted $0.87 earnings per share. The business’s revenue was up 7.6% on a year-over-year basis. Cisco Systems has set its Q1 2026 guidance at 0.970-0.990 EPS. FY 2026 guidance at 4.000-4.060 EPS. Analysts expect that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.

Cisco Systems Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 22nd. Shareholders of record on Friday, October 3rd will be given a $0.41 dividend. The ex-dividend date is Friday, October 3rd. This represents a $1.64 annualized dividend and a yield of 2.4%. Cisco Systems’s payout ratio is presently 62.60%.

Insider Transactions at Cisco Systems

In other news, EVP Thimaya K. Subaiya sold 1,744 shares of the business’s stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $66.78, for a total transaction of $116,464.32. Following the transaction, the executive vice president directly owned 158,009 shares of the company’s stock, valued at approximately $10,551,841.02. The trade was a 1.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Charles Robbins sold 30,557 shares of the business’s stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $66.63, for a total value of $2,036,012.91. Following the transaction, the chief executive officer directly owned 639,000 shares in the company, valued at $42,576,570. This trade represents a 4.56% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 82,965 shares of company stock valued at $5,559,996. Insiders own 0.01% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. HSBC reiterated a “hold” rating and set a $69.00 price target on shares of Cisco Systems in a research report on Friday, August 15th. UBS Group boosted their target price on Cisco Systems from $70.00 to $74.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 5th. JPMorgan Chase & Co. boosted their target price on Cisco Systems from $73.00 to $78.00 and gave the stock an “overweight” rating in a research report on Thursday, July 17th. CICC Research initiated coverage on Cisco Systems in a research report on Monday, July 14th. They issued an “outperform” rating and a $78.00 target price for the company. Finally, Wells Fargo & Company boosted their target price on Cisco Systems from $75.00 to $83.00 and gave the stock an “overweight” rating in a research report on Thursday, August 14th. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and ten have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $74.53.

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.