Cisco Systems, Inc. $CSCO Shares Sold by D.B. Root & Company LLC

D.B. Root & Company LLC lessened its position in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 2.4% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 11,326 shares of the network equipment provider’s stock after selling 282 shares during the quarter. D.B. Root & Company LLC’s holdings in Cisco Systems were worth $786,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in CSCO. Kornitzer Capital Management Inc. KS boosted its stake in Cisco Systems by 0.7% during the first quarter. Kornitzer Capital Management Inc. KS now owns 892,064 shares of the network equipment provider’s stock worth $55,049,000 after buying an additional 6,501 shares during the period. Golden State Wealth Management LLC raised its stake in shares of Cisco Systems by 10.8% in the 1st quarter. Golden State Wealth Management LLC now owns 6,298 shares of the network equipment provider’s stock valued at $389,000 after acquiring an additional 612 shares during the period. Acadian Asset Management LLC lifted its holdings in shares of Cisco Systems by 255.9% in the 1st quarter. Acadian Asset Management LLC now owns 7,819,547 shares of the network equipment provider’s stock worth $482,509,000 after acquiring an additional 5,622,672 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in shares of Cisco Systems by 28.9% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 4,037,909 shares of the network equipment provider’s stock worth $249,180,000 after purchasing an additional 904,548 shares during the period. Finally, Banque Pictet & Cie SA boosted its position in shares of Cisco Systems by 1.0% during the 2nd quarter. Banque Pictet & Cie SA now owns 55,168 shares of the network equipment provider’s stock worth $3,813,000 after purchasing an additional 535 shares during the period. 73.33% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. Bank of America boosted their target price on Cisco Systems from $76.00 to $85.00 and gave the company a “buy” rating in a research report on Thursday, August 14th. William Blair raised Cisco Systems to a “hold” rating in a research note on Thursday, August 14th. HSBC reissued a “hold” rating and set a $69.00 target price on shares of Cisco Systems in a research note on Friday, August 15th. JPMorgan Chase & Co. raised their target price on Cisco Systems from $73.00 to $78.00 and gave the company an “overweight” rating in a report on Thursday, July 17th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Cisco Systems in a research note on Saturday, September 27th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and ten have assigned a Hold rating to the stock. According to MarketBeat.com, Cisco Systems presently has an average rating of “Moderate Buy” and a consensus target price of $74.53.

Insiders Place Their Bets

In other Cisco Systems news, CEO Charles Robbins sold 30,557 shares of Cisco Systems stock in a transaction on Friday, August 15th. The shares were 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Deborah L. Stahlkopf sold 9,783 shares of the company’s stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $66.60, for a total transaction of $651,547.80. Following the completion of the sale, the executive vice president directly owned 161,662 shares of the company’s stock, valued at $10,766,689.20. The trade was a 5.71% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 82,965 shares of company stock worth $5,559,996. Corporate insiders own 0.01% of the company’s stock.

Cisco Systems Price Performance

Shares of CSCO opened at $67.92 on Monday. Cisco Systems, Inc. has a 1-year low of $52.11 and a 1-year high of $72.55. The stock has a market cap of $268.50 billion, a PE ratio of 25.92, a price-to-earnings-growth ratio of 2.85 and a beta of 0.97. 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 $68.10 and a 200 day moving average price of $64.62.

Cisco Systems (NASDAQ:CSCO) last issued its quarterly earnings data on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share (EPS) for the quarter, topping 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 company had revenue of $14.67 billion for the quarter, compared to analyst estimates of $14.63 billion. During the same quarter last year, the company posted $0.87 earnings per share. The business’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. As a group, sell-side analysts anticipate that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Dividend Announcement

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 given 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 62.60%.

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.