Capital City Trust Co. FL Raises Stake in Cisco Systems, Inc. $CSCO

Capital City Trust Co. FL increased its stake in Cisco Systems, Inc. (NASDAQ:CSCO) by 9.9% during the second quarter, according to its most recent filing with the SEC. The fund owned 26,955 shares of the network equipment provider’s stock after buying an additional 2,418 shares during the quarter. Capital City Trust Co. FL’s holdings in Cisco Systems were worth $1,870,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in CSCO. Brighton Jones LLC boosted its holdings in shares of Cisco Systems by 49.5% in the 4th quarter. Brighton Jones LLC now owns 74,187 shares of the network equipment provider’s stock worth $4,392,000 after buying an additional 24,562 shares during the last quarter. Revolve Wealth Partners LLC boosted its holdings in shares of 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 worth $542,000 after buying an additional 2,474 shares during the last quarter. Foster Group Inc. boosted its holdings in shares of Cisco Systems by 47.1% in the 1st quarter. Foster Group Inc. now owns 6,654 shares of the network equipment provider’s stock worth $411,000 after buying an additional 2,130 shares during the last quarter. Pines Wealth Management LLC raised its stake in Cisco Systems by 5.3% in the 1st quarter. Pines Wealth Management LLC now owns 17,788 shares of the network equipment provider’s stock valued at $1,098,000 after acquiring an additional 889 shares during the period. Finally, Radnor Capital Management LLC raised its stake in Cisco Systems by 2.7% in the 1st quarter. Radnor Capital Management LLC now owns 52,344 shares of the network equipment provider’s stock valued at $3,230,000 after acquiring an additional 1,395 shares during the period. 73.33% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on CSCO shares. Hsbc Global Res cut Cisco Systems from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 15th. HSBC restated a “hold” rating and issued a $69.00 price objective on shares of Cisco Systems in a research note on Friday, August 15th. JPMorgan Chase & Co. boosted their price objective on Cisco Systems from $73.00 to $78.00 and gave the company an “overweight” rating in a research note on Thursday, July 17th. CICC Research started coverage on Cisco Systems in a research note on Monday, July 14th. They issued an “outperform” rating and a $78.00 price objective on the stock. Finally, Rosenblatt Securities restated a “buy” rating and issued a $87.00 price objective on shares of Cisco Systems in a research note on Thursday, August 14th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $74.53.

Insider Activity

In other news, CEO Charles Robbins sold 30,557 shares of the stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $66.63, for a total transaction of $2,036,012.91. Following the completion of the sale, the chief executive officer owned 639,000 shares of the company’s stock, valued at approximately $42,576,570. This represents a 4.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Maria Victoria Wong sold 428 shares of the stock in a transaction that occurred on Thursday, September 11th. The shares were sold at an average price of $68.25, for a total value of $29,211.00. Following the sale, the senior vice president directly owned 30,619 shares of the company’s stock, valued at approximately $2,089,746.75. This trade represents a 1.38% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 82,965 shares of company stock valued at $5,559,996. Corporate insiders own 0.01% of the company’s stock.

Cisco Systems Stock Down 0.6%

Shares of CSCO opened at $67.92 on Friday. The firm has a market cap of $268.50 billion, a P/E ratio of 25.92, a P/E/G ratio of 2.85 and a beta of 0.97. The stock has a 50 day simple moving average of $68.10 and a two-hundred day simple moving average of $64.59. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.00 and a quick ratio of 0.91. Cisco Systems, Inc. has a 1 year low of $52.11 and a 1 year high of $72.55.

Cisco Systems (NASDAQ:CSCO) last issued its earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.98 by $0.01. The business had revenue of $14.67 billion during the quarter, compared to analyst estimates of $14.63 billion. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.Cisco Systems’s revenue for the quarter was up 7.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.87 earnings per share. Cisco Systems has set its Q1 2026 guidance at 0.970-0.990 EPS. FY 2026 guidance at 4.000-4.060 EPS. On average, analysts forecast 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, October 22nd. Stockholders of record on Friday, October 3rd will be paid a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Friday, October 3rd. Cisco Systems’s dividend payout ratio is 62.60%.

About Cisco Systems

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.