Cisco Systems, Inc. $CSCO Shares Purchased by Sawyer & Company Inc

Sawyer & Company Inc grew its stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 1.7% in the 2nd quarter, Holdings Channel.com reports. The fund owned 49,110 shares of the network equipment provider’s stock after purchasing an additional 826 shares during the quarter. Cisco Systems makes up about 1.3% of Sawyer & Company Inc’s holdings, making the stock its 28th largest position. Sawyer & Company Inc’s holdings in Cisco Systems were worth $3,407,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Ashton Thomas Securities LLC raised its stake in Cisco Systems by 2.9% during the first quarter. Ashton Thomas Securities LLC now owns 5,654 shares of the network equipment provider’s stock valued at $349,000 after buying an additional 159 shares in the last quarter. Central Valley Advisors LLC increased its holdings in shares of Cisco Systems by 2.6% in the 2nd quarter. Central Valley Advisors LLC now owns 6,303 shares of the network equipment provider’s stock valued at $437,000 after acquiring an additional 159 shares during the last quarter. Boltwood Capital Management raised its position in shares of Cisco Systems by 1.4% during the 2nd quarter. Boltwood Capital Management now owns 11,593 shares of the network equipment provider’s stock valued at $804,000 after acquiring an additional 160 shares in the last quarter. Sapient Capital LLC raised its position in shares of Cisco Systems by 0.6% during the 2nd quarter. Sapient Capital LLC now owns 24,957 shares of the network equipment provider’s stock valued at $1,732,000 after acquiring an additional 160 shares in the last quarter. Finally, Greenline Partners LLC raised its position in shares of Cisco Systems by 0.5% during the 1st quarter. Greenline Partners LLC now owns 32,570 shares of the network equipment provider’s stock valued at $2,010,000 after acquiring an additional 162 shares in the last quarter. Institutional investors own 73.33% of the company’s stock.

Cisco Systems Trading Down 0.1%

Shares of Cisco Systems stock opened at $66.93 on Wednesday. The business has a fifty day simple moving average of $68.17 and a 200-day simple moving average of $64.04. Cisco Systems, Inc. has a fifty-two week low of $50.27 and a fifty-two week high of $72.55. The firm has a market cap of $264.59 billion, a price-to-earnings ratio of 25.55, a price-to-earnings-growth ratio of 2.82 and a beta of 0.99. The company has a quick ratio of 0.91, a current ratio of 1.00 and a debt-to-equity ratio of 0.49.

Cisco Systems (NASDAQ:CSCO) last released its earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $14.63 billion. During the same period in the previous year, the company earned $0.87 earnings per share. Cisco Systems’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, equities analysts forecast that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.

Cisco Systems Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 22nd. Investors of record on Friday, October 3rd will be paid a dividend of $0.41 per share. The ex-dividend date of this dividend is Friday, October 3rd. This represents a $1.64 annualized dividend and a yield of 2.5%. Cisco Systems’s dividend payout ratio is currently 62.60%.

Insider Activity

In other news, EVP Thimaya K. Subaiya sold 1,744 shares of the stock in a transaction on Friday, September 12th. The stock was sold at an average price of $66.78, for a total transaction of $116,464.32. Following the completion of the sale, the executive vice president owned 158,009 shares in the company, valued at approximately $10,551,841.02. This represents a 1.09% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Jeetendra I. Patel sold 9,061 shares of Cisco Systems stock in a transaction on Friday, August 15th. The stock was sold at an average price of $66.60, for a total value of $603,462.60. Following the completion of the transaction, the insider owned 237,405 shares in the company, valued at $15,811,173. The trade was a 3.68% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 65,439 shares of company stock valued at $4,369,104 in the last ninety days. 0.01% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several analysts have weighed in on CSCO shares. KeyCorp initiated coverage on shares of Cisco Systems in a research note on Thursday, June 26th. They set an “overweight” rating and a $77.00 target price for the company. Wolfe Research assumed coverage on shares of Cisco Systems in a research report on Tuesday, July 8th. They set a “peer perform” rating for the company. Morgan Stanley increased their price objective on shares of Cisco Systems from $67.00 to $70.00 and gave the stock an “overweight” rating in a research note on Friday, July 18th. JPMorgan Chase & Co. lifted their target price on Cisco Systems from $73.00 to $78.00 and gave the company an “overweight” rating in a research note on Thursday, July 17th. Finally, William Blair raised Cisco Systems to a “hold” rating in a report on Thursday, August 14th. One 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’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $74.53.

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.