True North Advisors LLC Has $267,000 Position in Cisco Systems, Inc. $CSCO

True North Advisors LLC cut its position in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 20.9% during the second quarter, Holdings Channel reports. The institutional investor owned 3,855 shares of the network equipment provider’s stock after selling 1,019 shares during the quarter. True North Advisors LLC’s holdings in Cisco Systems were worth $267,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the company. Destiny Wealth Partners LLC acquired a new stake in Cisco Systems during the second quarter worth about $307,000. BOS Asset Management LLC grew its position in Cisco Systems by 10.8% during the second quarter. BOS Asset Management LLC now owns 12,665 shares of the network equipment provider’s stock worth $879,000 after buying an additional 1,232 shares in the last quarter. FCG Investment Co grew its position in Cisco Systems by 144.3% during the second quarter. FCG Investment Co now owns 8,207 shares of the network equipment provider’s stock worth $569,000 after buying an additional 4,847 shares in the last quarter. Rebalance LLC grew its position in Cisco Systems by 16.5% during the second quarter. Rebalance LLC now owns 9,612 shares of the network equipment provider’s stock worth $667,000 after buying an additional 1,361 shares in the last quarter. Finally, Novem Group grew its position in Cisco Systems by 113.2% during the second quarter. Novem Group now owns 27,249 shares of the network equipment provider’s stock worth $1,891,000 after buying an additional 14,467 shares in the last quarter. 73.33% of the stock is owned by institutional investors and hedge funds.

Cisco Systems Stock Performance

NASDAQ:CSCO opened at $67.22 on Friday. Cisco Systems, Inc. has a 1 year low of $52.11 and a 1 year high of $72.55. The firm has a 50 day moving average of $68.12 and a 200-day moving average of $64.30. The company has a current ratio of 1.00, a quick ratio of 0.91 and a debt-to-equity ratio of 0.49. The stock has a market capitalization of $265.73 billion, a P/E ratio of 25.66, a price-to-earnings-growth ratio of 2.85 and a beta of 0.99.

Cisco Systems (NASDAQ:CSCO) last posted 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. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. 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 company posted $0.87 earnings per share. Cisco Systems’s quarterly 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, sell-side analysts anticipate that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.

Cisco Systems Announces Dividend

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

Insider Buying and Selling

In other news, EVP Thimaya K. Subaiya sold 7,511 shares of Cisco Systems stock in a transaction that occurred on Wednesday, August 20th. The shares were sold at an average price of $66.84, for a total value of $502,035.24. Following the completion of the transaction, the executive vice president owned 161,467 shares in the company, valued at approximately $10,792,454.28. The trade was a 4.44% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Charles Robbins sold 30,557 shares of Cisco Systems stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $66.63, for a total transaction of $2,036,012.91. Following the completion of the transaction, the chief executive officer owned 639,000 shares of the company’s stock, valued at $42,576,570. This trade represents a 4.56% 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 valued at $5,559,996 in the last ninety days. 0.01% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the company. Rosenblatt Securities reissued a “buy” rating and set a $87.00 target price on shares of Cisco Systems in a research report on Thursday, August 14th. UBS Group raised their price target on shares of Cisco Systems from $70.00 to $74.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 5th. Wells Fargo & Company raised their price target on shares of Cisco Systems from $75.00 to $83.00 and gave the stock an “overweight” rating in a research note on Thursday, August 14th. CICC Research assumed coverage on shares of Cisco Systems in a research note on Monday, July 14th. They set an “outperform” rating and a $78.00 price target for the company. Finally, Hsbc Global Res cut shares of Cisco Systems from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 15th. One investment 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 company. According to MarketBeat, Cisco Systems presently 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.