26,116 Shares in Cisco Systems, Inc. $CSCO Purchased by Concorde Financial Corp

Concorde Financial Corp bought a new position in Cisco Systems, Inc. (NASDAQ:CSCO) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 26,116 shares of the network equipment provider’s stock, valued at approximately $1,812,000.

Several other institutional investors also recently made changes to their positions in the stock. Brighton Jones LLC boosted its holdings in shares of Cisco Systems by 49.5% during the fourth quarter. Brighton Jones LLC now owns 74,187 shares of the network equipment provider’s stock valued at $4,392,000 after acquiring an additional 24,562 shares during the period. Revolve Wealth Partners LLC lifted its position in Cisco Systems by 37.0% in the 4th quarter. Revolve Wealth Partners LLC now owns 9,156 shares of the network equipment provider’s stock valued at $542,000 after purchasing an additional 2,474 shares during the last quarter. GKV Capital Management Co. Inc. boosted its stake in Cisco Systems by 1,996.0% during the 1st quarter. GKV Capital Management Co. Inc. now owns 2,096 shares of the network equipment provider’s stock valued at $129,000 after purchasing an additional 1,996 shares during the period. Klingman & Associates LLC grew its position in Cisco Systems by 34.0% in the 1st quarter. Klingman & Associates LLC now owns 10,699 shares of the network equipment provider’s stock worth $660,000 after purchasing an additional 2,712 shares during the last quarter. Finally, National Pension Service increased its stake in shares of Cisco Systems by 4.3% in the first quarter. National Pension Service now owns 9,304,195 shares of the network equipment provider’s stock valued at $574,162,000 after purchasing an additional 387,626 shares during the period. 73.33% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, EVP Deborah L. Stahlkopf sold 164,584 shares of the business’s stock in a transaction on Friday, November 14th. The stock was sold at an average price of $77.85, for a total transaction of $12,812,864.40. Following the sale, the executive vice president directly owned 196,738 shares of the company’s stock, valued at $15,316,053.30. The trade was a 45.55% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Thimaya K. Subaiya sold 56,038 shares of the stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of $78.33, for a total value of $4,389,456.54. Following the completion of the transaction, the executive vice president owned 179,780 shares of the company’s stock, valued at $14,082,167.40. This trade represents a 23.76% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 1,021,481 shares of company stock worth $79,407,230. Corporate insiders own 0.01% of the company’s stock.

Cisco Systems Trading Up 0.9%

Shares of CSCO stock opened at $80.25 on Thursday. The stock has a 50-day simple moving average of $73.35 and a 200 day simple moving average of $69.52. The stock has a market capitalization of $317.07 billion, a P/E ratio of 30.17, a P/E/G ratio of 3.01 and a beta of 0.87. Cisco Systems, Inc. has a fifty-two week low of $52.11 and a fifty-two week high of $80.82. The company has a quick ratio of 0.83, a current ratio of 0.93 and a debt-to-equity ratio of 0.46.

Cisco Systems (NASDAQ:CSCO) last issued its quarterly earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 EPS for the quarter, topping the consensus estimate of $0.98 by $0.02. Cisco Systems had a net margin of 18.38% and a return on equity of 27.29%. The firm had revenue of $14.88 billion for the quarter, compared to analysts’ expectations of $14.77 billion. During the same period in the previous year, the business earned $0.91 earnings per share. Cisco Systems’s revenue for the quarter was up 7.5% compared to the same quarter last year. 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. On average, sell-side analysts expect 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, January 21st. Stockholders of record on Friday, January 2nd will be paid a dividend of $0.41 per share. The ex-dividend date of this dividend is Friday, January 2nd. This represents a $1.64 annualized dividend and a dividend yield of 2.0%. Cisco Systems’s dividend payout ratio (DPR) is currently 61.65%.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on CSCO. Rosenblatt Securities boosted their price objective on Cisco Systems from $87.00 to $100.00 and gave the stock a “buy” rating in a research report on Thursday, November 13th. Barclays lifted their target price on Cisco Systems from $71.00 to $76.00 and gave the company an “equal weight” rating in a research note on Thursday, November 13th. Wall Street Zen cut Cisco Systems from a “buy” rating to a “hold” rating in a research note on Saturday, November 22nd. HSBC raised their price target on Cisco Systems from $69.00 to $74.00 and gave the company a “hold” rating in a report on Friday, November 14th. Finally, Evercore ISI upped their price objective on shares of Cisco Systems from $74.00 to $80.00 and gave the stock an “in-line” rating in a report on Thursday, November 13th. Seventeen analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target 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.