St. Clair Advisors LLC Raises Stock Holdings in Cisco Systems, Inc. $CSCO

St. Clair Advisors LLC grew its position in Cisco Systems, Inc. (NASDAQ:CSCO) by 1.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 26,189 shares of the network equipment provider’s stock after acquiring an additional 400 shares during the quarter. St. Clair Advisors LLC’s holdings in Cisco Systems were worth $1,817,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Accelerate Investment Advisors LLC increased its stake in Cisco Systems by 8.7% during the second quarter. Accelerate Investment Advisors LLC now owns 4,122 shares of the network equipment provider’s stock worth $286,000 after acquiring an additional 329 shares during the last quarter. Capital Asset Advisory Services LLC increased its stake in Cisco Systems by 2.3% during the second quarter. Capital Asset Advisory Services LLC now owns 65,918 shares of the network equipment provider’s stock worth $4,555,000 after acquiring an additional 1,462 shares during the last quarter. Wesbanco Bank Inc. increased its stake in Cisco Systems by 1.6% during the second quarter. Wesbanco Bank Inc. now owns 363,185 shares of the network equipment provider’s stock worth $25,198,000 after acquiring an additional 5,690 shares during the last quarter. Enterprise Bank & Trust Co increased its stake in Cisco Systems by 8.6% during the second quarter. Enterprise Bank & Trust Co now owns 10,447 shares of the network equipment provider’s stock worth $725,000 after acquiring an additional 827 shares during the last quarter. Finally, Zevenbergen Capital Investments LLC increased its stake in Cisco Systems by 4.6% during the second quarter. Zevenbergen Capital Investments LLC now owns 15,545 shares of the network equipment provider’s stock worth $1,079,000 after acquiring an additional 690 shares during the last quarter. Hedge funds and other institutional investors own 73.33% of the company’s stock.

Cisco Systems Trading Down 1.7%

NASDAQ:CSCO opened at $66.53 on Friday. The firm has a market cap of $263.01 billion, a PE ratio of 25.39, a price-to-earnings-growth ratio of 2.84 and a beta of 0.99. The stock has a fifty day moving average price of $68.24 and a 200 day moving average price of $64.00. Cisco Systems, Inc. has a 12-month low of $49.67 and a 12-month high of $72.55. The company has a current ratio of 1.00, a quick ratio of 0.91 and a debt-to-equity ratio of 0.49.

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

Cisco Systems Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 22nd. Stockholders of record on Friday, October 3rd will be given a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend is Friday, October 3rd. Cisco Systems’s dividend payout ratio (DPR) is 62.60%.

Insider Buying and Selling at Cisco Systems

In other news, SVP Maria Victoria Wong sold 428 shares of the firm’s stock in a transaction dated Thursday, September 11th. The stock was sold at an average price of $68.25, for a total transaction of $29,211.00. Following the sale, the senior vice president owned 30,619 shares of the company’s stock, valued at approximately $2,089,746.75. This trade represents a 1.38% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Jeetendra I. Patel sold 9,061 shares of the firm’s stock in a transaction dated Friday, August 15th. The stock was sold at an average price of $66.60, for a total value of $603,462.60. Following the sale, the insider directly owned 237,405 shares in the company, valued at $15,811,173. This trade represents a 3.68% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 88,099 shares of company stock worth $5,851,765. 0.01% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on CSCO. UBS Group lifted their price objective on Cisco Systems from $70.00 to $74.00 and gave the company a “neutral” rating in a research note on Tuesday, August 5th. CICC Research began coverage on Cisco Systems in a research note on Monday, July 14th. They issued an “outperform” rating and a $78.00 price objective for the company. Bank of America lifted their price objective on Cisco Systems from $76.00 to $85.00 and gave the company a “buy” rating in a research note on Thursday, August 14th. Wall Street Zen cut Cisco Systems from a “strong-buy” rating to a “buy” rating in a research note on Saturday, July 12th. Finally, KeyCorp began coverage on Cisco Systems in a research note on Thursday, June 26th. They issued an “overweight” rating and a $77.00 price objective for the company. One 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 stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $74.53.

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.