15,819 Shares in Cisco Systems, Inc. $CSCO Bought by V. M. Manning & CO. Inc.

V. M. Manning & CO. Inc. purchased a new stake in Cisco Systems, Inc. (NASDAQ:CSCO) in the 2nd quarter, HoldingsChannel reports. The fund purchased 15,819 shares of the network equipment provider’s stock, valued at approximately $1,092,000. Cisco Systems accounts for approximately 1.2% of V. M. Manning & CO. Inc.’s portfolio, making the stock its 20th biggest holding.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Bare Financial Services Inc raised its position in shares of Cisco Systems by 531.0% during the second quarter. Bare Financial Services Inc now owns 366 shares of the network equipment provider’s stock worth $25,000 after purchasing an additional 308 shares during the period. Financial Connections Group Inc. grew its holdings in shares of Cisco Systems by 89.4% during the second quarter. Financial Connections Group Inc. now owns 409 shares of the network equipment provider’s stock valued at $28,000 after buying an additional 193 shares during the last quarter. Legacy Investment Solutions LLC bought a new stake in shares of Cisco Systems during the second quarter worth about $28,000. Nova Wealth Management Inc. acquired a new stake in shares of Cisco Systems in the 1st quarter worth about $31,000. Finally, Brown Shipley& Co Ltd bought a new position in Cisco Systems in the 2nd quarter valued at about $32,000. Institutional investors own 73.33% of the company’s stock.

Insiders Place Their Bets

In other Cisco Systems news, SVP Maria Victoria Wong sold 428 shares of the business’s stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $80.33, for a total value of $34,381.24. Following the sale, the senior vice president directly owned 32,176 shares in the company, valued at $2,584,698.08. The trade was a 1.31% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Charles Robbins sold 116,734 shares of the stock in a transaction on Tuesday, November 18th. The stock was sold at an average price of $77.30, for a total value of $9,023,538.20. Following the transaction, the chief executive officer owned 704,153 shares of the company’s stock, valued at $54,431,026.90. The trade was a 14.22% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 1,021,910 shares of company stock valued at $79,463,804. Company insiders own 0.01% of the company’s stock.

Cisco Systems Trading Down 1.9%

NASDAQ CSCO opened at $77.80 on Monday. The business’s fifty day moving average is $73.77 and its 200-day moving average is $69.77. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.93 and a quick ratio of 0.83. The stock has a market capitalization of $307.39 billion, a price-to-earnings ratio of 29.25, a PEG ratio of 2.94 and a beta of 0.87. Cisco Systems, Inc. has a one year low of $52.11 and a one year high of $80.82.

Cisco Systems (NASDAQ:CSCO) last posted its quarterly earnings data on Wednesday, November 12th. The network equipment provider reported $1.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.98 by $0.02. The business had revenue of $14.88 billion during the quarter, compared to the consensus estimate of $14.77 billion. Cisco Systems had a net margin of 18.38% and a return on equity of 27.29%. The firm’s quarterly revenue was up 7.5% compared to the same quarter last year. During the same quarter last 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. Equities research analysts predict that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 21st. Investors of record on Friday, January 2nd will be paid a $0.41 dividend. The ex-dividend date is Friday, January 2nd. This represents a $1.64 annualized dividend and a yield of 2.1%. Cisco Systems’s dividend payout ratio is presently 61.65%.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the company. Morgan Stanley increased their price objective on Cisco Systems from $77.00 to $82.00 and gave the stock an “overweight” rating in a research note on Thursday, November 13th. Barclays increased their price target on Cisco Systems from $71.00 to $76.00 and gave the company an “equal weight” rating in a research report on Thursday, November 13th. Wall Street Zen downgraded shares of Cisco Systems from a “buy” rating to a “hold” rating in a report on Saturday, November 22nd. UBS Group increased their target price on shares of Cisco Systems from $88.00 to $90.00 and gave the company a “buy” rating in a report on Thursday, November 13th. Finally, BNP Paribas Exane raised their price target on shares of Cisco Systems from $76.00 to $86.00 and gave the company an “outperform” rating in a research report on Thursday, November 13th. Seventeen analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat.com, Cisco Systems currently has an average rating of “Moderate Buy” and an average target price of $84.14.

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.