Davidson Trust Co. Reduces Holdings in Cisco Systems, Inc. $CSCO

Davidson Trust Co. trimmed its position in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 1.3% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,401 shares of the network equipment provider’s stock after selling 190 shares during the quarter. Davidson Trust Co.’s holdings in Cisco Systems were worth $999,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. AEGON ASSET MANAGEMENT UK Plc boosted its stake in Cisco Systems by 2.9% during the second quarter. AEGON ASSET MANAGEMENT UK Plc now owns 958,288 shares of the network equipment provider’s stock worth $66,438,000 after buying an additional 27,306 shares during the period. Heritage Wealth Management Inc. CA boosted its stake in Cisco Systems by 3.7% during the second quarter. Heritage Wealth Management Inc. CA now owns 7,560 shares of the network equipment provider’s stock worth $524,000 after buying an additional 271 shares during the period. JGP Wealth Management LLC lifted its position in shares of Cisco Systems by 2.4% during the second quarter. JGP Wealth Management LLC now owns 19,103 shares of the network equipment provider’s stock worth $1,325,000 after purchasing an additional 450 shares during the last quarter. J.Safra Asset Management Corp lifted its position in shares of Cisco Systems by 8.7% during the second quarter. J.Safra Asset Management Corp now owns 8,338 shares of the network equipment provider’s stock worth $572,000 after purchasing an additional 667 shares during the last quarter. Finally, Sagespring Wealth Partners LLC lifted its position in shares of Cisco Systems by 6.5% during the second quarter. Sagespring Wealth Partners LLC now owns 53,528 shares of the network equipment provider’s stock worth $3,714,000 after purchasing an additional 3,258 shares during the last quarter. 73.33% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Cisco Systems

In other news, CEO Charles Robbins sold 30,557 shares of the business’s stock in a transaction dated Friday, August 15th. The stock was sold at an average price of $66.63, for a total transaction of $2,036,012.91. Following the sale, the chief executive officer 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, 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 sale, the executive vice president owned 198,855 shares in the company, valued at $13,512,197.25. The trade was a 8.10% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 82,965 shares of company stock valued at $5,559,996. Insiders own 0.01% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on CSCO shares. CICC Research started coverage on Cisco Systems in a research report on Monday, July 14th. They set an “outperform” rating and a $78.00 target price for the company. William Blair upgraded Cisco Systems to a “hold” rating in a research report on Thursday, August 14th. Wolfe Research started coverage on Cisco Systems in a research report on Tuesday, July 8th. They set a “peer perform” rating for the company. HSBC reiterated a “hold” rating and set a $69.00 target price on shares of Cisco Systems in a research report on Friday, August 15th. Finally, Wall Street Zen downgraded Cisco Systems from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 12th. One research 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. Based on data from MarketBeat, Cisco Systems presently has an average rating of “Moderate Buy” and an average target price of $74.72.

Cisco Systems Stock Performance

Shares of Cisco Systems stock opened at $68.66 on Wednesday. The company has a market capitalization of $271.43 billion, a PE ratio of 26.21, a P/E/G ratio of 2.84 and a beta of 0.97. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.91 and a current ratio of 1.00. The company has a 50-day simple moving average of $68.24 and a two-hundred day simple moving average of $64.98. Cisco Systems, Inc. has a one year low of $52.11 and a one 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 EPS for the quarter, topping analysts’ consensus estimates of $0.98 by $0.01. The business had revenue of $14.67 billion during the quarter, compared to the consensus estimate of $14.63 billion. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. The firm’s revenue was up 7.6% on a year-over-year basis. During the same period in the previous year, the company posted $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. Research analysts expect that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.

Cisco Systems Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 22nd. Shareholders of record on Friday, October 3rd will be issued a $0.41 dividend. The ex-dividend date is Friday, October 3rd. This represents a $1.64 dividend on an annualized basis and a yield of 2.4%. Cisco Systems’s payout ratio is currently 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.