Cisco Systems, Inc. $CSCO Shares Purchased by Whelan Financial

Whelan Financial grew its stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 5.0% in the second quarter, according to its most recent filing with the SEC. The fund owned 3,404 shares of the network equipment provider’s stock after acquiring an additional 161 shares during the period. Whelan Financial’s holdings in Cisco Systems were worth $236,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its holdings in shares of Cisco Systems by 3.5% in the 2nd quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 429,952 shares of the network equipment provider’s stock worth $29,830,000 after acquiring an additional 14,490 shares during the last quarter. HighMark Wealth Management LLC boosted its position in shares of Cisco Systems by 80.0% in the 2nd quarter. HighMark Wealth Management LLC now owns 1,697 shares of the network equipment provider’s stock valued at $118,000 after purchasing an additional 754 shares during the period. Custos Family Office LLC increased its stake in Cisco Systems by 19.7% in the 2nd quarter. Custos Family Office LLC now owns 4,883 shares of the network equipment provider’s stock worth $339,000 after purchasing an additional 802 shares in the last quarter. Yeomans Consulting Group Inc. raised its holdings in Cisco Systems by 7.4% during the 2nd quarter. Yeomans Consulting Group Inc. now owns 6,130 shares of the network equipment provider’s stock worth $424,000 after buying an additional 423 shares during the period. Finally, Greenwood Capital Associates LLC lifted its stake in Cisco Systems by 16.1% during the second quarter. Greenwood Capital Associates LLC now owns 89,704 shares of the network equipment provider’s stock valued at $6,224,000 after buying an additional 12,463 shares in the last quarter. 73.33% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Cisco Systems news, EVP Oliver Tuszik sold 17,526 shares of the business’s stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $67.95, for a total value of $1,190,891.70. Following the completion of the sale, the executive vice president owned 198,855 shares of the company’s stock, valued at $13,512,197.25. The trade was a 8.10% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Thimaya K. Subaiya sold 1,744 shares of the company’s stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $66.78, for a total value of $116,464.32. Following the sale, the executive vice president owned 158,009 shares of the company’s stock, valued at approximately $10,551,841.02. This trade represents a 1.09% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 82,965 shares of company stock worth $5,559,996 in the last 90 days. 0.01% of the stock is owned by corporate insiders.

Cisco Systems Stock Performance

Shares of CSCO stock opened at $68.31 on Friday. Cisco Systems, Inc. has a fifty-two week low of $52.11 and a fifty-two week high of $72.55. The stock’s 50-day moving average is $68.12 and its two-hundred day moving average is $64.51. 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 market cap of $270.04 billion, a P/E ratio of 26.07, a PEG ratio of 2.89 and a beta of 0.97.

Cisco Systems (NASDAQ:CSCO) last announced its quarterly earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 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 business had revenue of $14.67 billion during the quarter, compared to analysts’ expectations of $14.63 billion. During the same quarter in the previous year, the business posted $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. Analysts predict that Cisco Systems, Inc. will post 3.04 earnings per share for the current fiscal year.

Cisco Systems Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 22nd. Stockholders of record on Friday, October 3rd will be issued a dividend of $0.41 per share. The ex-dividend date is Friday, October 3rd. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.4%. Cisco Systems’s dividend payout ratio (DPR) is currently 62.60%.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. Wells Fargo & Company lifted their target price on shares of Cisco Systems from $75.00 to $83.00 and gave the stock an “overweight” rating in a research report on Thursday, August 14th. Deutsche Bank Aktiengesellschaft raised shares of Cisco Systems from a “hold” rating to a “buy” rating and raised their price objective for the stock from $65.00 to $73.00 in a research note on Monday, June 16th. UBS Group boosted their target price on shares of Cisco Systems from $70.00 to $74.00 and gave the company a “neutral” rating in a research note on Tuesday, August 5th. Barclays raised their target price on Cisco Systems from $66.00 to $71.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 14th. Finally, Bank of America upped their price target on Cisco Systems from $76.00 to $85.00 and gave the company a “buy” rating in a research report on Thursday, August 14th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $74.53.

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.