Verdence Capital Advisors LLC Purchases 10,065 Shares of Cisco Systems, Inc. $CSCO

Verdence Capital Advisors LLC increased its holdings in Cisco Systems, Inc. (NASDAQ:CSCO) by 18.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 65,728 shares of the network equipment provider’s stock after acquiring an additional 10,065 shares during the period. Verdence Capital Advisors LLC’s holdings in Cisco Systems were worth $4,692,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of CSCO. Tradewinds LLC. purchased a new stake in Cisco Systems in the third quarter worth $1,078,000. WPG Advisers LLC grew its stake in shares of Cisco Systems by 32.0% during the 3rd quarter. WPG Advisers LLC now owns 3,564 shares of the network equipment provider’s stock worth $244,000 after acquiring an additional 865 shares during the period. Whelan Financial increased its holdings in Cisco Systems by 25.1% in the 3rd quarter. Whelan Financial now owns 4,258 shares of the network equipment provider’s stock worth $291,000 after acquiring an additional 854 shares during the last quarter. Allstate Corp raised its stake in Cisco Systems by 1,628.8% in the 3rd quarter. Allstate Corp now owns 146,069 shares of the network equipment provider’s stock valued at $9,994,000 after acquiring an additional 137,620 shares during the period. Finally, Violich Capital Management Inc. lifted its holdings in Cisco Systems by 591.2% during the third quarter. Violich Capital Management Inc. now owns 22,465 shares of the network equipment provider’s stock valued at $1,537,000 after purchasing an additional 19,215 shares during the last quarter. Hedge funds and other institutional investors own 73.33% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on CSCO shares. Melius Research boosted their price target on shares of Cisco Systems from $84.00 to $100.00 and gave the company a “buy” rating in a research report on Thursday, November 13th. KeyCorp boosted their price objective on Cisco Systems from $77.00 to $87.00 and gave the company an “overweight” rating in a research note on Thursday, November 13th. Citic Securities upped their price target on Cisco Systems from $75.00 to $90.00 in a research report on Monday, November 17th. Weiss Ratings restated a “buy (b)” rating on shares of Cisco Systems in a research report on Thursday, October 30th. Finally, Rosenblatt Securities upped their target price on shares of Cisco Systems from $87.00 to $100.00 and gave the stock a “buy” rating in a report on Thursday, November 13th. Sixteen analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Cisco Systems has an average rating of “Moderate Buy” and an average price target of $85.23.

Cisco Systems Stock Performance

NASDAQ CSCO opened at $75.19 on Tuesday. The company has a market capitalization of $297.08 billion, a P/E ratio of 28.27, a P/E/G ratio of 2.84 and a beta of 0.87. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.83 and a current ratio of 0.93. Cisco Systems, Inc. has a 52-week low of $52.11 and a 52-week high of $80.82. The company has a fifty day moving average of $76.72 and a 200-day moving average of $71.65.

Cisco Systems (NASDAQ:CSCO) last issued its quarterly earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.98 by $0.02. The firm had revenue of $14.88 billion during the quarter, compared to analyst estimates of $14.77 billion. Cisco Systems had a return on equity of 27.29% and a net margin of 18.38%.The company’s revenue was up 7.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.91 earnings per share. Cisco Systems has set its FY 2026 guidance at 4.080-4.140 EPS and its Q2 2026 guidance at 1.010-1.030 EPS. As a group, equities research analysts predict that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.

Cisco Systems Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 21st. Shareholders of record on Friday, January 2nd will be given a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date is Friday, January 2nd. Cisco Systems’s dividend payout ratio (DPR) is presently 61.65%.

Insider Transactions at Cisco Systems

In other Cisco Systems news, Director Kristina M. Johnson sold 13,481 shares of the company’s stock in a transaction dated Thursday, December 18th. The shares were sold at an average price of $77.13, for a total transaction of $1,039,789.53. Following the completion of the sale, the director directly owned 61,630 shares in the company, valued at $4,753,521.90. This represents a 17.95% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, SVP Maria Victoria Wong sold 428 shares of Cisco Systems stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $80.33, for a total value of $34,381.24. Following the completion of the transaction, the senior vice president owned 32,176 shares in the company, valued at approximately $2,584,698.08. This represents a 1.31% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 1,044,865 shares of company stock worth $81,397,635. Corporate insiders own 0.01% of the company’s stock.

Cisco Systems Company Profile

Cisco Systems, Inc is a global technology company that designs, manufactures and sells networking hardware, software and telecommunications equipment. Its core business focuses on enabling enterprise and service-provider networks through products such as routers, switches, network security appliances and wireless systems. Over time Cisco has broadened its portfolio to emphasize software-defined networking, cybersecurity, cloud infrastructure and edge computing solutions that help organizations build and manage modern IT environments.

In addition to hardware, Cisco offers a growing range of software platforms and subscription services for network management, security, analytics and collaboration.