Rossby Financial LCC Grows Stake in Cisco Systems, Inc. $CSCO

Rossby Financial LCC boosted its position in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 12.3% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 6,705 shares of the network equipment provider’s stock after purchasing an additional 734 shares during the quarter. Rossby Financial LCC’s holdings in Cisco Systems were worth $465,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of CSCO. Financial Connections Group Inc. increased its holdings in shares of Cisco Systems by 89.4% in the 2nd quarter. Financial Connections Group Inc. now owns 409 shares of the network equipment provider’s stock valued at $28,000 after acquiring an additional 193 shares during the period. Pandora Wealth Inc. purchased a new position in shares of Cisco Systems in the 1st quarter valued at $31,000. Nova Wealth Management Inc. purchased a new position in shares of Cisco Systems in the 1st quarter valued at $31,000. Brown Shipley& Co Ltd purchased a new position in shares of Cisco Systems in the 2nd quarter valued at $32,000. Finally, Fairway Wealth LLC increased its holdings in shares of Cisco Systems by 224.7% in the 1st quarter. Fairway Wealth LLC now owns 578 shares of the network equipment provider’s stock valued at $36,000 after acquiring an additional 400 shares during the period. 73.33% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on CSCO shares. JPMorgan Chase & Co. lifted their price target on Cisco Systems from $73.00 to $78.00 and gave the company an “overweight” rating in a report on Thursday, July 17th. Piper Sandler lifted their price target on Cisco Systems from $64.00 to $70.00 and gave the company a “neutral” rating in a report on Thursday, August 14th. Wall Street Zen cut Cisco Systems from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 12th. Bank of America raised their price objective on Cisco Systems from $76.00 to $85.00 and gave the stock a “buy” rating in a research report on Thursday, August 14th. Finally, UBS Group raised their price objective on Cisco Systems from $70.00 to $74.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat, Cisco Systems presently has a consensus rating of “Moderate Buy” and an average target price of $74.72.

Cisco Systems Stock Performance

Shares of CSCO opened at $71.39 on Tuesday. The stock has a 50-day moving average of $68.39 and a two-hundred day moving average of $65.84. Cisco Systems, Inc. has a one year low of $52.11 and a one year 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 stock has a market cap of $282.22 billion, a P/E ratio of 27.25, a P/E/G ratio of 2.97 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. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The company had revenue of $14.67 billion during the quarter, compared to analysts’ expectations of $14.63 billion. During the same quarter in the previous year, the firm posted $0.87 EPS. The firm’s 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. As a group, research analysts predict that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 22nd. Shareholders of record on Friday, October 3rd were given a dividend of $0.41 per share. The ex-dividend date of this dividend was Friday, October 3rd. This represents a $1.64 dividend on an annualized basis and a yield of 2.3%. Cisco Systems’s payout ratio is currently 62.60%.

Insider Activity at Cisco Systems

In other news, SVP Maria Victoria Wong sold 428 shares of the business’s stock in a transaction dated Thursday, September 11th. The stock was sold at an average price of $68.25, for a total value of $29,211.00. Following the completion of the transaction, the senior vice president owned 30,619 shares of the company’s stock, valued at $2,089,746.75. The trade was a 1.38% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Deborah L. Stahlkopf sold 2,718 shares of the business’s stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $68.08, for a total value of $185,041.44. Following the completion of the transaction, the executive vice president directly owned 157,184 shares of the company’s stock, valued at approximately $10,701,086.72. This trade represents a 1.70% 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 worth $5,559,996 in the last quarter. 0.01% of the stock is owned by insiders.

Cisco Systems Company 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.