Divergent Planning LLC Makes New $1.58 Million Investment in Cisco Systems, Inc. $CSCO

Divergent Planning LLC bought a new stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO) in the 2nd quarter, Holdings Channel reports. The fund bought 22,719 shares of the network equipment provider’s stock, valued at approximately $1,576,000.

A number of other hedge funds and other institutional investors have also modified their holdings of CSCO. Drive Wealth Management LLC grew its position in shares of Cisco Systems by 2.7% during the second quarter. Drive Wealth Management LLC now owns 16,605 shares of the network equipment provider’s stock worth $1,152,000 after buying an additional 436 shares in the last quarter. Kornitzer Capital Management Inc. KS raised its holdings in Cisco Systems by 0.7% in the first quarter. Kornitzer Capital Management Inc. KS now owns 892,064 shares of the network equipment provider’s stock valued at $55,049,000 after acquiring an additional 6,501 shares in the last quarter. Golden State Wealth Management LLC boosted its stake in Cisco Systems by 10.8% during 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 last quarter. Shell Asset Management Co. grew its holdings in Cisco Systems by 53.3% during the 2nd quarter. Shell Asset Management Co. now owns 77,234 shares of the network equipment provider’s stock worth $5,358,000 after acquiring an additional 26,840 shares in the last quarter. Finally, Acadian Asset Management LLC increased its position 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 purchasing an additional 5,622,672 shares during the last quarter. 73.33% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. Evercore ISI lifted their price target on Cisco Systems from $72.00 to $74.00 and gave the stock an “in-line” rating in a research note on Thursday, August 14th. Wall Street Zen lowered Cisco Systems from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 12th. Hsbc Global Res downgraded Cisco Systems from a “strong-buy” rating to a “hold” rating in a report on Friday, August 15th. CICC Research initiated coverage on Cisco Systems in a research note on Monday, July 14th. They set an “outperform” rating and a $78.00 price objective on the stock. Finally, 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. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $74.72.

Cisco Systems Price Performance

Shares of NASDAQ CSCO opened at $70.65 on Tuesday. Cisco Systems, Inc. has a 1-year low of $52.11 and a 1-year high of $72.55. The firm has a market capitalization of $279.29 billion, a PE ratio of 26.97, a P/E/G ratio of 2.95 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 business’s fifty day moving average price is $68.20 and its two-hundred day moving average price is $65.31.

Cisco Systems (NASDAQ:CSCO) last released its quarterly earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 EPS for the quarter, topping the consensus estimate of $0.98 by $0.01. The business had revenue of $14.67 billion during the quarter, compared to analyst estimates of $14.63 billion. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. The company’s quarterly revenue was up 7.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $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. On average, research analysts expect that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Announces Dividend

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. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend is Friday, October 3rd. Cisco Systems’s payout ratio is 62.60%.

Insider Buying and Selling at Cisco Systems

In other Cisco Systems news, EVP Deborah L. Stahlkopf sold 9,783 shares of the business’s stock in a transaction on Friday, August 15th. The stock was sold at an average price of $66.60, for a total transaction of $651,547.80. Following the completion of the transaction, the executive vice president owned 161,662 shares in the company, valued at approximately $10,766,689.20. The trade was a 5.71% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Oliver Tuszik sold 17,526 shares of the stock in a transaction on 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 transaction, the executive vice president directly owned 198,855 shares of the company’s stock, valued at approximately $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 90 days, insiders sold 82,965 shares of company stock valued at $5,559,996. 0.01% of the stock is currently owned by insiders.

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.