Cisco Systems, Inc. $CSCO Shares Bought by IFG Advisory LLC

IFG Advisory LLC raised its position in Cisco Systems, Inc. (NASDAQ:CSCOFree Report) by 1.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 84,396 shares of the network equipment provider’s stock after acquiring an additional 1,515 shares during the period. IFG Advisory LLC’s holdings in Cisco Systems were worth $5,855,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. Terril Brothers Inc. purchased a new position in shares of Cisco Systems in the 2nd quarter valued at approximately $219,000. Amplius Wealth Advisors LLC raised its position in shares of Cisco Systems by 4.2% in the 2nd quarter. Amplius Wealth Advisors LLC now owns 7,817 shares of the network equipment provider’s stock valued at $542,000 after purchasing an additional 317 shares during the last quarter. BLB&B Advisors LLC raised its position in shares of Cisco Systems by 2.0% in the 2nd quarter. BLB&B Advisors LLC now owns 29,357 shares of the network equipment provider’s stock valued at $2,037,000 after purchasing an additional 567 shares during the last quarter. Aljian Capital Management LLC raised its position in shares of Cisco Systems by 15.0% in the 2nd quarter. Aljian Capital Management LLC now owns 8,735 shares of the network equipment provider’s stock valued at $606,000 after purchasing an additional 1,142 shares during the last quarter. Finally, Simon Quick Advisors LLC raised its position in shares of Cisco Systems by 24.5% in the 2nd quarter. Simon Quick Advisors LLC now owns 36,832 shares of the network equipment provider’s stock valued at $2,555,000 after purchasing an additional 7,248 shares during the last quarter. 73.33% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Cisco Systems

In other news, SVP Maria Victoria Wong sold 428 shares of the firm’s stock in a transaction that occurred on Thursday, September 11th. The shares were sold at an average price of $68.25, for a total transaction of $29,211.00. Following the sale, the senior vice president owned 30,619 shares of the company’s stock, valued at $2,089,746.75. This trade represents a 1.38% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Oliver Tuszik sold 17,526 shares of the firm’s stock in a transaction that occurred on Friday, September 19th. The stock was sold at an average price of $67.95, for a total transaction of $1,190,891.70. Following the sale, the executive vice president directly owned 198,855 shares in the company, valued at $13,512,197.25. The trade was a 8.10% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 82,965 shares of company stock worth $5,559,996. 0.01% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several equities analysts recently commented on CSCO shares. Barclays increased their price objective on shares of Cisco Systems from $66.00 to $71.00 and gave the company an “equal weight” rating in a research report on Thursday, August 14th. Morgan Stanley increased their price objective on shares of Cisco Systems from $73.00 to $77.00 and gave the company an “overweight” rating in a research report on Friday, October 10th. Wolfe Research initiated coverage on shares of Cisco Systems in a research report on Tuesday, July 8th. They issued a “peer perform” rating for the company. CICC Research initiated coverage on shares of Cisco Systems in a report on Monday, July 14th. They issued an “outperform” rating and a $78.00 price target on the stock. Finally, JPMorgan Chase & Co. increased their price target on shares of Cisco Systems from $73.00 to $78.00 and gave the stock an “overweight” rating in a report on Thursday, July 17th. One equities 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 company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $74.72.

Get Our Latest Stock Report on CSCO

Cisco Systems Trading Up 2.2%

Shares of Cisco Systems stock opened at $72.91 on Friday. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.00 and a quick ratio of 0.91. The firm has a fifty day moving average price of $68.71 and a 200 day moving average price of $66.10. Cisco Systems, Inc. has a 1 year low of $52.11 and a 1 year high of $73.11. The stock has a market cap of $287.32 billion, a PE ratio of 27.83, a price-to-earnings-growth ratio of 3.00 and a beta of 0.97.

Cisco Systems (NASDAQ:CSCOGet Free Report) last issued its quarterly earnings data on Wednesday, August 13th. The network equipment provider reported $0.99 EPS for the quarter, topping analysts’ consensus estimates of $0.98 by $0.01. The business had revenue of $14.67 billion for the quarter, compared to analysts’ expectations of $14.63 billion. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. The business’s revenue was up 7.6% on a year-over-year basis. During the same quarter last year, the company earned $0.87 EPS. Cisco Systems has set its Q1 2026 guidance at 0.970-0.990 EPS. FY 2026 guidance at 4.000-4.060 EPS. Equities research analysts predict that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.

Cisco Systems Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 22nd. Stockholders of record on Friday, October 3rd were paid a dividend of $0.41 per share. The ex-dividend date of this dividend was Friday, October 3rd. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.2%. Cisco Systems’s dividend payout ratio (DPR) is presently 62.60%.

About Cisco Systems

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Cisco Systems (NASDAQ:CSCO)

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