Three Bridge Wealth Advisors LLC Buys New Stake in Cisco Systems, Inc. $CSCO

Three Bridge Wealth Advisors LLC bought a new stake in Cisco Systems, Inc. (NASDAQ:CSCO) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 3,918 shares of the network equipment provider’s stock, valued at approximately $272,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Merit Financial Group LLC lifted its stake in Cisco Systems by 28.3% in the 2nd quarter. Merit Financial Group LLC now owns 221,467 shares of the network equipment provider’s stock valued at $15,365,000 after buying an additional 48,889 shares in the last quarter. Orca Wealth Management LLC raised its position in shares of Cisco Systems by 0.4% in the 2nd quarter. Orca Wealth Management LLC now owns 79,696 shares of the network equipment provider’s stock worth $5,529,000 after buying an additional 293 shares during the period. Gemmer Asset Management LLC raised its position in shares of Cisco Systems by 4.4% in the 2nd quarter. Gemmer Asset Management LLC now owns 9,944 shares of the network equipment provider’s stock worth $690,000 after buying an additional 420 shares during the period. Simplicity Wealth LLC raised its position in shares of Cisco Systems by 91.4% in the 2nd quarter. Simplicity Wealth LLC now owns 74,699 shares of the network equipment provider’s stock worth $5,183,000 after buying an additional 35,670 shares during the period. Finally, Chemung Canal Trust Co. raised its position in shares of Cisco Systems by 12.2% in the 2nd quarter. Chemung Canal Trust Co. now owns 61,826 shares of the network equipment provider’s stock worth $4,289,000 after buying an additional 6,711 shares during the period. Hedge funds and other institutional investors own 73.33% of the company’s stock.

Insider Buying and Selling at Cisco Systems

In other Cisco Systems news, SVP Maria Victoria Wong sold 428 shares of Cisco Systems stock in a transaction on Thursday, September 11th. The shares were sold at an average price of $68.25, for a total value of $29,211.00. Following the sale, the senior vice president directly owned 30,619 shares in the company, valued at approximately $2,089,746.75. The trade was a 1.38% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Oliver Tuszik sold 17,526 shares of Cisco Systems stock in a transaction on Friday, September 19th. The shares were sold at an average price of $67.95, for a total transaction of $1,190,891.70. Following the completion of the sale, the executive vice president owned 198,855 shares in the company, valued at $13,512,197.25. The trade was a 8.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 82,965 shares of company stock valued at $5,559,996 over the last quarter. 0.01% of the stock is currently owned by corporate insiders.

Cisco Systems Price Performance

CSCO opened at $67.92 on Friday. 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 current ratio of 1.00 and a quick ratio of 0.91. The company’s 50 day simple moving average is $68.10 and its 200-day simple moving average is $64.59. The stock has a market capitalization of $268.50 billion, a P/E ratio of 25.92, a price-to-earnings-growth ratio of 2.85 and a beta of 0.97.

Cisco Systems (NASDAQ:CSCO) last released its quarterly earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 EPS for the quarter, beating the consensus estimate of $0.98 by $0.01. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. The business had revenue of $14.67 billion for the quarter, compared to analysts’ expectations of $14.63 billion. During the same period in the prior year, the firm earned $0.87 earnings per share. Cisco Systems’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. Sell-side analysts anticipate that Cisco Systems, Inc. will post 3.04 earnings per share for the current fiscal year.

Cisco Systems Dividend Announcement

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

Wall Street Analysts Forecast Growth

CSCO has been the topic of several research reports. Wall Street Zen lowered Cisco Systems from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 12th. Rosenblatt Securities reiterated a “buy” rating and issued a $87.00 price target on shares of Cisco Systems in a report on Thursday, August 14th. Wolfe Research assumed coverage on Cisco Systems in a report on Tuesday, July 8th. They issued a “peer perform” rating for the company. Piper Sandler raised their target price on Cisco Systems from $64.00 to $70.00 and gave the company a “neutral” rating in a research note on Thursday, August 14th. Finally, HSBC restated a “hold” rating and set a $69.00 target price on shares of Cisco Systems in a research note on Friday, August 15th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and ten have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $74.53.

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.