Davis Investment Partners LLC Cuts Stock Holdings in Cisco Systems, Inc. $CSCO

Davis Investment Partners LLC lessened its holdings in Cisco Systems, Inc. (NASDAQ:CSCO) by 8.9% during the second quarter, Holdings Channel.com reports. The firm owned 5,054 shares of the network equipment provider’s stock after selling 491 shares during the quarter. Davis Investment Partners LLC’s holdings in Cisco Systems were worth $349,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of the business. Mpwm Advisory Solutions LLC purchased a new stake in shares of Cisco Systems in the fourth quarter valued at approximately $26,000. JDM Financial Group LLC lifted its holdings in Cisco Systems by 160.4% in the fourth quarter. JDM Financial Group LLC now owns 487 shares of the network equipment provider’s stock valued at $29,000 after acquiring an additional 300 shares during the period. Pandora Wealth Inc. purchased a new stake in shares of Cisco Systems during the 1st quarter worth $31,000. Nova Wealth Management Inc. acquired a new position in shares of Cisco Systems during the 1st quarter worth $31,000. Finally, Fairway Wealth LLC grew its stake in shares of Cisco Systems by 224.7% during the 1st quarter. Fairway Wealth LLC now owns 578 shares of the network equipment provider’s stock worth $36,000 after purchasing an additional 400 shares during the period. 73.33% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Cisco Systems news, CFO Richard Scott Herren sold 15,678 shares of the firm’s stock in a transaction dated Tuesday, June 17th. The shares were sold at an average price of $65.52, for a total transaction of $1,027,222.56. Following the sale, the chief financial officer directly owned 309,543 shares of the company’s stock, valued at $20,281,257.36. This trade represents a 4.82% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Jeetendra I. Patel sold 9,061 shares of Cisco Systems stock in a transaction dated Friday, August 15th. The stock was sold at an average price of $66.60, for a total transaction of $603,462.60. Following the sale, the insider owned 237,405 shares of the company’s stock, valued at approximately $15,811,173. This trade represents a 3.68% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 88,099 shares of company stock worth $5,851,765 in the last 90 days. 0.01% of the stock is currently owned by corporate insiders.

Cisco Systems Price Performance

CSCO stock opened at $66.53 on Monday. The stock’s 50 day moving average price is $68.24 and its 200 day moving average price is $64.00. The firm has a market cap of $263.01 billion, a P/E ratio of 25.39, a PEG ratio of 2.80 and a beta of 0.99. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.91 and a current ratio of 1.00. Cisco Systems, Inc. has a 1 year low of $49.67 and a 1 year high of $72.55.

Cisco Systems (NASDAQ:CSCO) last released its quarterly earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share 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 during the quarter, compared to the consensus estimate of $14.63 billion. During the same quarter last year, the business posted $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, sell-side analysts expect that Cisco Systems, Inc. will post 3.04 earnings per share for the current fiscal year.

Cisco Systems Announces Dividend

The company 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 $0.41 dividend. 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 payout ratio is presently 62.60%.

Wall Street Analysts Forecast Growth

CSCO has been the subject of several recent analyst reports. Wells Fargo & Company raised their price objective on shares of Cisco Systems from $75.00 to $83.00 and gave the company an “overweight” rating in a research note on Thursday, August 14th. Wall Street Zen downgraded shares of Cisco Systems from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 12th. Morgan Stanley upped their price target on Cisco Systems from $67.00 to $70.00 and gave the stock an “overweight” rating in a report on Friday, July 18th. Evercore ISI lifted their price objective on Cisco Systems from $72.00 to $74.00 and gave the stock an “in-line” rating in a report on Thursday, August 14th. Finally, 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. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and ten have assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $74.53.

About Cisco Systems

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.