Cisco Systems, Inc. $CSCO Shares Purchased by Sutton Place Investors LLC

Sutton Place Investors LLC boosted its stake in Cisco Systems, Inc. (NASDAQ:CSCO) by 3.4% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 7,418 shares of the network equipment provider’s stock after buying an additional 246 shares during the quarter. Sutton Place Investors LLC’s holdings in Cisco Systems were worth $515,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Wealthcare Advisory Partners LLC lifted its stake in Cisco Systems by 8.9% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 86,552 shares of the network equipment provider’s stock valued at $6,005,000 after buying an additional 7,081 shares in the last quarter. Firethorn Wealth Partners LLC lifted its stake in Cisco Systems by 12.6% in the 2nd quarter. Firethorn Wealth Partners LLC now owns 7,650 shares of the network equipment provider’s stock valued at $531,000 after buying an additional 859 shares in the last quarter. USAdvisors Wealth Management LLC purchased a new stake in Cisco Systems in the 2nd quarter valued at approximately $248,000. Mount Vernon Associates Inc. MD lifted its stake in Cisco Systems by 0.4% in the 2nd quarter. Mount Vernon Associates Inc. MD now owns 41,379 shares of the network equipment provider’s stock valued at $2,871,000 after buying an additional 150 shares in the last quarter. Finally, Talbot Financial LLC lifted its stake in Cisco Systems by 20.0% in the 2nd quarter. Talbot Financial LLC now owns 222,705 shares of the network equipment provider’s stock valued at $15,451,000 after buying an additional 37,179 shares in the last quarter. Hedge funds and other institutional investors own 73.33% of the company’s stock.

Cisco Systems Stock Down 0.6%

Shares of Cisco Systems stock opened at $67.92 on Friday. The business has a 50-day moving average of $68.10 and a 200-day 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. The company has a market capitalization of $268.50 billion, a PE ratio of 25.92, a P/E/G ratio of 2.85 and a beta of 0.97. Cisco Systems, Inc. has a 1-year low of $52.11 and a 1-year high of $72.55.

Cisco Systems (NASDAQ:CSCO) last announced 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. The company had revenue of $14.67 billion during the quarter, compared to the consensus estimate of $14.63 billion. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The company’s revenue was up 7.6% on a year-over-year basis. During the same period last 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. As a group, 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. Stockholders of record on Friday, October 3rd will be paid a dividend of $0.41 per share. The ex-dividend date is Friday, October 3rd. This represents a $1.64 annualized dividend and a dividend yield of 2.4%. Cisco Systems’s dividend payout ratio (DPR) is currently 62.60%.

Insider Activity at Cisco Systems

In other news, EVP Deborah L. Stahlkopf sold 2,718 shares of the stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $68.08, for a total transaction of $185,041.44. Following the transaction, the executive vice president owned 157,184 shares of the company’s stock, valued at approximately $10,701,086.72. This trade represents a 1.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Maria Victoria Wong sold 428 shares of the stock in a transaction dated Thursday, September 11th. The stock was sold at an average price of $68.25, for a total transaction of $29,211.00. Following the transaction, the senior vice president directly owned 30,619 shares in the company, valued at $2,089,746.75. The trade was a 1.38% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 82,965 shares of company stock valued at $5,559,996. 0.01% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on CSCO shares. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Cisco Systems in a research note on Saturday, September 27th. Evercore ISI increased their price target on Cisco Systems from $72.00 to $74.00 and gave the stock an “in-line” rating in a research note on Thursday, August 14th. Morgan Stanley increased their price target on Cisco Systems from $67.00 to $70.00 and gave the stock an “overweight” rating in a research note on Friday, July 18th. Wolfe Research initiated coverage on Cisco Systems in a research note on Tuesday, July 8th. They set a “peer perform” rating on the stock. Finally, Rosenblatt Securities reissued a “buy” rating and set a $87.00 price target on shares of Cisco Systems in a research note on Thursday, August 14th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and ten have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price 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.