Demars Financial Group LLC Purchases Shares of 4,771 Cisco Systems, Inc. $CSCO

Demars Financial Group LLC acquired a new position in shares of Cisco Systems, Inc. (NASDAQ:CSCOFree Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 4,771 shares of the network equipment provider’s stock, valued at approximately $370,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Isthmus Partners LLC boosted its stake in Cisco Systems by 22.1% during the first quarter. Isthmus Partners LLC now owns 3,319 shares of the network equipment provider’s stock worth $258,000 after buying an additional 600 shares in the last quarter. Munich Reinsurance Co Stock Corp in Munich raised its stake in shares of Cisco Systems by 19.2% in the 1st quarter. Munich Reinsurance Co Stock Corp in Munich now owns 785,992 shares of the network equipment provider’s stock valued at $60,985,000 after buying an additional 126,774 shares in the last quarter. Personal CFO Solutions LLC raised its stake in shares of Cisco Systems by 4.5% in the 1st quarter. Personal CFO Solutions LLC now owns 19,655 shares of the network equipment provider’s stock valued at $1,525,000 after buying an additional 847 shares in the last quarter. CFS Investment Advisory Services LLC lifted its holdings in shares of Cisco Systems by 1.2% during the 1st quarter. CFS Investment Advisory Services LLC now owns 20,249 shares of the network equipment provider’s stock worth $1,571,000 after acquiring an additional 238 shares during the period. Finally, Seelaus Asset Management LLC boosted its position in shares of Cisco Systems by 12.3% during the 1st quarter. Seelaus Asset Management LLC now owns 15,955 shares of the network equipment provider’s stock valued at $1,238,000 after acquiring an additional 1,750 shares in the last quarter. 73.33% of the stock is currently owned by institutional investors.

Key Cisco Systems News

Here are the key news stories impacting Cisco Systems this week:

Analysts Set New Price Targets

CSCO has been the topic of a number of analyst reports. Zacks Research raised shares of Cisco Systems from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, June 30th. Truist Financial began coverage on shares of Cisco Systems in a research note on Tuesday, March 31st. They set a “buy” rating and a $94.00 price target for the company. Argus lifted their price objective on Cisco Systems from $100.00 to $150.00 and gave the company a “buy” rating in a report on Tuesday, May 19th. UBS Group upped their price objective on Cisco Systems from $95.00 to $132.00 and gave the company a “buy” rating in a research note on Thursday, May 14th. Finally, Weiss Ratings upgraded Cisco Systems from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, May 29th. Three research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, Cisco Systems has an average rating of “Moderate Buy” and an average price target of $123.14.

View Our Latest Stock Analysis on CSCO

Cisco Systems Trading Up 1.8%

Shares of Cisco Systems stock opened at $113.82 on Thursday. The stock has a market capitalization of $448.61 billion, a P/E ratio of 36.95, a price-to-earnings-growth ratio of 2.85 and a beta of 1.02. The company has a quick ratio of 0.81, a current ratio of 0.92 and a debt-to-equity ratio of 0.40. The company has a 50-day simple moving average of $114.06 and a 200 day simple moving average of $91.59. Cisco Systems, Inc. has a 12-month low of $65.75 and a 12-month high of $130.37.

Cisco Systems (NASDAQ:CSCOGet Free Report) last released its quarterly earnings results on Wednesday, May 13th. The network equipment provider reported $1.06 EPS for the quarter, beating analysts’ consensus estimates of $1.03 by $0.03. The firm had revenue of $15.84 billion for the quarter, compared to analyst estimates of $15.56 billion. Cisco Systems had a net margin of 20.14% and a return on equity of 28.44%. The company’s revenue for the quarter was up 12.0% compared to the same quarter last year. During the same period in the previous year, the business earned $0.96 earnings per share. Cisco Systems has set its Q4 2026 guidance at 1.160-1.180 EPS and its FY 2026 guidance at 4.270-4.290 EPS. Research analysts expect that Cisco Systems, Inc. will post 3.54 earnings per share for the current fiscal year.

Cisco Systems Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 22nd. Stockholders of record on Monday, July 6th will be issued a $0.42 dividend. This represents a $1.68 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend is Monday, July 6th. Cisco Systems’s payout ratio is presently 54.55%.

Insiders Place Their Bets

In other Cisco Systems news, CEO Charles Robbins sold 21,400 shares of Cisco Systems stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $120.03, for a total value of $2,568,642.00. Following the completion of the transaction, the chief executive officer owned 637,085 shares in the company, valued at approximately $76,469,312.55. The trade was a 3.25% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Jeetendra I. Patel sold 7,169 shares of the business’s stock in a transaction on Friday, May 15th. The stock was sold at an average price of $117.28, for a total value of $840,780.32. Following the completion of the transaction, the insider directly owned 246,737 shares in the company, valued at approximately $28,937,315.36. This represents a 2.82% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 47,650 shares of company stock worth $5,668,823 over the last ninety days. 0.01% of the stock is owned by insiders.

Cisco Systems Company Profile

(Free Report)

Cisco Systems, Inc is a global technology company that designs, manufactures and sells networking hardware, software and telecommunications equipment. Its core business focuses on enabling enterprise and service-provider networks through products such as routers, switches, network security appliances and wireless systems. Over time Cisco has broadened its portfolio to emphasize software-defined networking, cybersecurity, cloud infrastructure and edge computing solutions that help organizations build and manage modern IT environments.

In addition to hardware, Cisco offers a growing range of software platforms and subscription services for network management, security, analytics and collaboration.

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Institutional Ownership by Quarter for Cisco Systems (NASDAQ:CSCO)

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