Cisco Systems, Inc. $CSCO Shares Bought by Sagespring Wealth Partners LLC

Sagespring Wealth Partners LLC grew its position in Cisco Systems, Inc. (NASDAQ:CSCO) by 6.5% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 53,528 shares of the network equipment provider’s stock after purchasing an additional 3,258 shares during the period. Sagespring Wealth Partners LLC’s holdings in Cisco Systems were worth $3,714,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Brighton Jones LLC grew its holdings in Cisco Systems by 49.5% during the fourth quarter. Brighton Jones LLC now owns 74,187 shares of the network equipment provider’s stock worth $4,392,000 after acquiring an additional 24,562 shares during the period. Revolve Wealth Partners LLC grew its holdings in Cisco Systems by 37.0% during the fourth quarter. Revolve Wealth Partners LLC now owns 9,156 shares of the network equipment provider’s stock worth $542,000 after acquiring an additional 2,474 shares during the period. GAMMA Investing LLC grew its holdings in Cisco Systems by 16.6% during the first quarter. GAMMA Investing LLC now owns 108,871 shares of the network equipment provider’s stock worth $6,718,000 after acquiring an additional 15,514 shares during the period. Wealth Enhancement Advisory Services LLC grew its holdings in Cisco Systems by 28.9% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 4,037,909 shares of the network equipment provider’s stock worth $249,180,000 after acquiring an additional 904,548 shares during the period. Finally, Atlas Private Wealth Advisors acquired a new stake in Cisco Systems during the first quarter worth about $200,000. 73.33% of the stock is owned by institutional investors and hedge funds.

Cisco Systems Stock Performance

Shares of CSCO stock opened at $67.46 on Tuesday. Cisco Systems, Inc. has a 52 week low of $52.11 and a 52 week high of $72.55. The firm has a 50 day moving average of $68.22 and a two-hundred day moving average of $64.95. The company has a quick ratio of 0.91, a current ratio of 1.00 and a debt-to-equity ratio of 0.49. The stock has a market capitalization of $266.68 billion, a PE ratio of 25.75, a P/E/G ratio of 2.86 and a beta of 0.97.

Cisco Systems (NASDAQ:CSCO) last issued its earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share for the quarter, beating the consensus estimate of $0.98 by $0.01. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. The firm had revenue of $14.67 billion for the quarter, compared to analysts’ expectations of $14.63 billion. During the same quarter last year, the company earned $0.87 earnings per share. The firm’s 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. On average, research analysts predict that Cisco Systems, Inc. will post 3.04 EPS 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 given a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Friday, October 3rd. Cisco Systems’s payout ratio is currently 62.60%.

Insiders Place Their Bets

In related news, EVP Deborah L. Stahlkopf sold 9,783 shares of the stock in a transaction on Friday, August 15th. The shares were sold at an average price of $66.60, for a total value of $651,547.80. Following the transaction, the executive vice president directly owned 161,662 shares of the company’s stock, valued at $10,766,689.20. This trade represents a 5.71% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Charles Robbins sold 30,557 shares of the firm’s stock in a transaction dated Friday, August 15th. The stock was sold at an average price of $66.63, for a total value of $2,036,012.91. Following the transaction, the chief executive officer directly owned 639,000 shares in the company, valued at approximately $42,576,570. The trade was a 4.56% 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 worth $5,559,996. 0.01% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of equities analysts have issued reports on CSCO shares. Wells Fargo & Company increased their price target on Cisco Systems from $75.00 to $83.00 and gave the stock an “overweight” rating in a research report on Thursday, August 14th. Morgan Stanley raised their price objective on Cisco Systems from $73.00 to $77.00 and gave the company an “overweight” rating in a report on Friday. Rosenblatt Securities reaffirmed a “buy” rating and set a $87.00 target price on shares of Cisco Systems in a research note on Thursday, August 14th. Wolfe Research assumed coverage on shares of Cisco Systems in a research report on Tuesday, July 8th. They issued a “peer perform” rating for the company. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Cisco Systems in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and ten have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $74.72.

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.