Cisco Systems, Inc. $CSCO Shares Acquired by Financial Symmetry Inc

Financial Symmetry Inc increased its position in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 42.1% during the second quarter, Holdings Channel reports. The fund owned 10,793 shares of the network equipment provider’s stock after acquiring an additional 3,197 shares during the quarter. Cisco Systems makes up approximately 0.4% of Financial Symmetry Inc’s investment portfolio, making the stock its 21st biggest position. Financial Symmetry Inc’s holdings in Cisco Systems were worth $749,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Unison Advisors LLC boosted its holdings in shares of Cisco Systems by 0.7% during the second quarter. Unison Advisors LLC now owns 67,020 shares of the network equipment provider’s stock worth $4,650,000 after purchasing an additional 484 shares during the last quarter. Stephens Inc. AR lifted its position in Cisco Systems by 4.4% during the second quarter. Stephens Inc. AR now owns 533,779 shares of the network equipment provider’s stock worth $37,034,000 after buying an additional 22,377 shares during the period. Financial Advisors LLC boosted its stake in Cisco Systems by 37.6% in the 2nd quarter. Financial Advisors LLC now owns 6,594 shares of the network equipment provider’s stock worth $457,000 after buying an additional 1,801 shares during the last quarter. LMG Wealth Partners LLC grew its holdings in Cisco Systems by 3.4% in the 2nd quarter. LMG Wealth Partners LLC now owns 38,694 shares of the network equipment provider’s stock valued at $2,685,000 after buying an additional 1,275 shares during the period. Finally, Balboa Wealth Partners increased its stake in shares of Cisco Systems by 1.7% during the 2nd quarter. Balboa Wealth Partners now owns 9,150 shares of the network equipment provider’s stock valued at $635,000 after acquiring an additional 153 shares during the last quarter. 73.33% of the stock is currently owned by institutional investors and hedge funds.

Cisco Systems Stock Performance

Shares of CSCO stock opened at $70.13 on Monday. The company has a current ratio of 1.00, a quick ratio of 0.91 and a debt-to-equity ratio of 0.49. The company has a market cap of $277.24 billion, a PE ratio of 26.77, a P/E/G ratio of 2.95 and a beta of 0.97. The company’s fifty day simple moving average is $68.20 and its 200-day simple moving average is $65.19. Cisco Systems, Inc. has a 52 week low of $52.11 and a 52 week high of $72.55.

Cisco Systems (NASDAQ:CSCO) last announced 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. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The firm had revenue of $14.67 billion during the quarter, compared to the consensus estimate of $14.63 billion. During the same period in the prior year, the firm earned $0.87 EPS. The firm’s quarterly revenue was up 7.6% compared to the same quarter last year. 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 anticipate that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 22nd. Investors of record on Friday, October 3rd will be issued a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a dividend yield of 2.3%. The ex-dividend date is Friday, October 3rd. Cisco Systems’s dividend payout ratio (DPR) is presently 62.60%.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. Wall Street Zen cut shares of Cisco Systems from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 12th. Barclays increased their price target on shares of Cisco Systems from $66.00 to $71.00 and gave the stock an “equal weight” rating in a research note on Thursday, August 14th. HSBC reissued a “hold” rating and set a $69.00 price objective on shares of Cisco Systems in a research note on Friday, August 15th. JPMorgan Chase & Co. increased their target price on Cisco Systems from $73.00 to $78.00 and gave the stock an “overweight” rating in a research report on Thursday, July 17th. Finally, Morgan Stanley lifted their target price on Cisco Systems from $73.00 to $77.00 and gave the company an “overweight” rating in a report on Friday, October 10th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat, Cisco Systems presently has an average rating of “Moderate Buy” and a consensus target price of $74.72.

Insider Activity

In other Cisco Systems news, EVP Deborah L. Stahlkopf sold 9,783 shares of the company’s stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $66.60, for a total value of $651,547.80. Following the completion of the transaction, the executive vice president owned 161,662 shares in the company, valued at $10,766,689.20. This represents a 5.71% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Thimaya K. Subaiya sold 7,511 shares of the stock in a transaction that occurred on Wednesday, August 20th. The shares were sold at an average price of $66.84, for a total transaction of $502,035.24. Following the completion of the sale, the executive vice president directly owned 161,467 shares of the company’s stock, valued at $10,792,454.28. This trade represents a 4.44% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 82,965 shares of company stock worth $5,559,996 in the last ninety days. 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.