Vista Investment Partners LLC Lowers Holdings in Cisco Systems, Inc. $CSCO

Vista Investment Partners LLC trimmed its holdings in Cisco Systems, Inc. (NASDAQ:CSCO) by 84.2% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 3,628 shares of the network equipment provider’s stock after selling 19,392 shares during the period. Vista Investment Partners LLC’s holdings in Cisco Systems were worth $252,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Kornitzer Capital Management Inc. KS boosted its position in shares of Cisco Systems by 0.7% during the first quarter. Kornitzer Capital Management Inc. KS now owns 892,064 shares of the network equipment provider’s stock worth $55,049,000 after buying an additional 6,501 shares during the period. Golden State Wealth Management LLC boosted its position in shares of Cisco Systems by 10.8% during the first quarter. Golden State Wealth Management LLC now owns 6,298 shares of the network equipment provider’s stock worth $389,000 after buying an additional 612 shares during the period. Acadian Asset Management LLC boosted its position in shares of Cisco Systems by 255.9% during the first quarter. Acadian Asset Management LLC now owns 7,819,547 shares of the network equipment provider’s stock worth $482,509,000 after buying an additional 5,622,672 shares during the period. Wealth Enhancement Advisory Services LLC boosted its position in shares of Cisco Systems by 28.9% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 4,037,909 shares of the network equipment provider’s stock worth $249,180,000 after buying an additional 904,548 shares during the period. Finally, IFP Advisors Inc boosted its position in shares of Cisco Systems by 2.6% during the first quarter. IFP Advisors Inc now owns 111,510 shares of the network equipment provider’s stock worth $6,882,000 after buying an additional 2,839 shares during the period. 73.33% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts have recently commented on CSCO shares. Rosenblatt Securities restated a “buy” rating and set a $87.00 price target on shares of Cisco Systems in a research report on Thursday, August 14th. Wolfe Research initiated coverage on Cisco Systems in a report on Tuesday, July 8th. They issued a “peer perform” rating for the company. JPMorgan Chase & Co. lifted their target price on Cisco Systems from $73.00 to $78.00 and gave the company an “overweight” rating in a report on Thursday, July 17th. KeyCorp initiated coverage on Cisco Systems in a report on Thursday, June 26th. They issued an “overweight” rating and a $77.00 target price for the company. Finally, UBS Group lifted their target price on Cisco Systems from $70.00 to $74.00 and gave the company a “neutral” rating in a report on Tuesday, August 5th. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and ten have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $74.53.

Cisco Systems Stock Performance

Shares of CSCO stock opened at $67.72 on Thursday. The stock has a market capitalization of $267.71 billion, a PE ratio of 25.85, a price-to-earnings-growth ratio of 2.81 and a beta of 0.99. Cisco Systems, Inc. has a 52-week low of $50.27 and a 52-week high of $72.55. The stock’s 50-day moving average price is $68.14 and its 200 day moving average price is $64.06. The company has a quick ratio of 0.91, a current ratio of 1.00 and a debt-to-equity ratio of 0.49.

Cisco Systems (NASDAQ:CSCO) last issued its quarterly earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.98 by $0.01. The firm had revenue of $14.67 billion for the quarter, compared to analysts’ expectations of $14.63 billion. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The firm’s revenue for the quarter was up 7.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.87 EPS. 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, equities research analysts forecast that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Announces Dividend

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

Insider Transactions at Cisco Systems

In other Cisco Systems news, CEO Charles Robbins sold 30,557 shares of Cisco Systems stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $66.63, for a total value of $2,036,012.91. Following the sale, the chief executive officer owned 639,000 shares of the company’s stock, valued at approximately $42,576,570. The trade was a 4.56% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, 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 sale, the executive vice president directly owned 161,467 shares in the company, valued at $10,792,454.28. This represents a 4.44% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 65,439 shares of company stock worth $4,369,104 over the last three months. 0.01% of the stock is currently owned by company 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.