Nichols & Pratt Advisers LLP MA trimmed its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCO – Free Report) by 4.6% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 173,613 shares of the network equipment provider’s stock after selling 8,400 shares during the quarter. Nichols & Pratt Advisers LLP MA’s holdings in Cisco Systems were worth $13,471,000 as of its most recent filing with the SEC.
Several other hedge funds have also recently bought and sold shares of CSCO. Frank Rimerman Advisors LLC boosted its holdings in shares of Cisco Systems by 0.6% in the first quarter. Frank Rimerman Advisors LLC now owns 104,353 shares of the network equipment provider’s stock valued at $8,097,000 after buying an additional 593 shares during the period. Impact Investors Inc raised its holdings in shares of Cisco Systems by 11.9% during the first quarter. Impact Investors Inc now owns 3,644 shares of the network equipment provider’s stock worth $283,000 after acquiring an additional 387 shares during the period. Richmond Investment Services LLC raised its holdings in shares of Cisco Systems by 15.7% during the first quarter. Richmond Investment Services LLC now owns 3,711 shares of the network equipment provider’s stock worth $288,000 after acquiring an additional 503 shares during the period. Warner Group LLC bought a new stake in Cisco Systems in the 1st quarter valued at $208,000. Finally, Virginia Wealth Management Group Inc. boosted its stake in Cisco Systems by 1.3% in the 1st quarter. Virginia Wealth Management Group Inc. now owns 75,079 shares of the network equipment provider’s stock worth $5,825,000 after purchasing an additional 976 shares during the period. 73.33% of the stock is currently owned by institutional investors and hedge funds.
Insider Transactions at Cisco Systems
In related news, EVP Thimaya K. Subaiya sold 7,127 shares of Cisco Systems stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $119.91, for a total transaction of $854,598.57. Following the completion of the sale, the executive vice president owned 140,857 shares of the company’s stock, valued at approximately $16,890,162.87. The trade was a 4.82% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Charles Robbins sold 21,400 shares of the company’s stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $120.03, for a total transaction of $2,568,642.00. Following the completion of the transaction, the chief executive officer owned 637,085 shares in the company, valued at approximately $76,469,312.55. This trade represents a 3.25% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 47,650 shares of company stock valued at $5,668,823. Corporate insiders own 0.01% of the company’s stock.
Key Stories Impacting Cisco Systems
- Positive Sentiment: Cisco raised its fiscal 2026 revenue and earnings guidance, which signals management is seeing better-than-expected demand and profitability ahead. Cisco Systems (CSCO) Raised Guidance, Is The Stock Fully Valued?
- Positive Sentiment: The company is deepening its AI strategy, including a partnership with Rafay Systems, and is reshaping its business around silicon, optics, security, and AI—areas that investors may see as higher-growth and more durable. Cisco Systems (CSCO) Raised Guidance, Is The Stock Fully Valued?
- Positive Sentiment: Investor interest in Cisco has increased, with multiple articles noting the stock is attracting attention, which can support momentum in the shares. Why the Market Dipped But Cisco Systems (CSCO) Gained Today
- Neutral Sentiment: A new U.S. Army enterprise IT modernization agreement involving Cisco and World Wide Technology highlights continued public-sector relevance, but the direct financial impact to Cisco was not detailed. Dell Stock’s Secret: It Gets Paid Before It Pays Its Bills
Cisco Systems Stock Performance
Shares of CSCO stock opened at $113.82 on Thursday. Cisco Systems, Inc. has a one year low of $65.75 and a one year high of $130.37. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.92 and a quick ratio of 0.81. The stock has a market cap of $448.61 billion, a P/E ratio of 36.95, a P/E/G ratio of 2.85 and a beta of 1.02. The company has a fifty day moving average price of $114.06 and a two-hundred day moving average price of $91.59.
Cisco Systems (NASDAQ:CSCO – Get Free Report) last announced its quarterly earnings results on Wednesday, May 13th. The network equipment provider reported $1.06 earnings per share for the quarter, topping analysts’ consensus estimates of $1.03 by $0.03. Cisco Systems had a return on equity of 28.44% and a net margin of 20.14%.The firm had revenue of $15.84 billion for the quarter, compared to the consensus estimate of $15.56 billion. During the same quarter in the previous year, the business earned $0.96 earnings per share. The business’s revenue was up 12.0% compared to the same quarter last year. Cisco Systems has set its Q4 2026 guidance at 1.160-1.180 EPS and its FY 2026 guidance at 4.270-4.290 EPS. As a group, equities analysts predict that Cisco Systems, Inc. will post 3.54 EPS for the current year.
Cisco Systems Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 22nd. Shareholders of record on Monday, July 6th will be given a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend is Monday, July 6th. Cisco Systems’s payout ratio is 54.55%.
Wall Street Analyst Weigh In
A number of equities analysts have issued reports on the company. Citic Securities increased their target price on Cisco Systems from $90.00 to $130.00 in a report on Friday, May 15th. Morgan Stanley boosted their price target on Cisco Systems from $120.00 to $130.00 and gave the company an “overweight” rating in a report on Friday, June 12th. The Goldman Sachs Group upped their price objective on Cisco Systems from $116.00 to $125.00 and gave the stock a “neutral” rating in a research report on Wednesday, June 3rd. KeyCorp increased their price objective on Cisco Systems from $125.00 to $130.00 and gave the stock an “overweight” rating in a report on Thursday, June 25th. Finally, JPMorgan Chase & Co. boosted their target price on Cisco Systems from $95.00 to $96.00 in a research note on Monday, May 11th. Three equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $123.14.
Read Our Latest Analysis on Cisco Systems
Cisco Systems 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.
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