eCIO Inc. Takes $37,000 Position in Cisco Systems, Inc. $CSCO

eCIO Inc. bought a new stake in Cisco Systems, Inc. (NASDAQ:CSCO) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 604 shares of the network equipment provider’s stock, valued at approximately $37,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Mpwm Advisory Solutions LLC acquired a new stake in shares of Cisco Systems in the 4th quarter valued at $26,000. JDM Financial Group LLC grew its stake in shares of Cisco Systems by 160.4% during the fourth quarter. JDM Financial Group LLC now owns 487 shares of the network equipment provider’s stock worth $29,000 after purchasing an additional 300 shares during the period. Pandora Wealth Inc. acquired a new stake in shares of Cisco Systems during the first quarter worth $31,000. Nova Wealth Management Inc. acquired a new stake in shares of Cisco Systems during the first quarter worth $31,000. Finally, Fairway Wealth LLC grew its stake in shares of Cisco Systems by 224.7% during the first 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 institutional investors and hedge funds.

Analysts Set New Price Targets

CSCO has been the subject of a number of analyst reports. Wall Street Zen cut Cisco Systems from a “strong-buy” rating to a “buy” rating in a research note on Saturday, July 12th. William Blair raised Cisco Systems to a “hold” rating in a research note on Thursday, August 14th. UBS Group lifted their price objective on Cisco Systems from $70.00 to $74.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 5th. Wolfe Research initiated coverage on Cisco Systems in a research note on Tuesday, July 8th. They set a “peer perform” rating for the company. Finally, Piper Sandler lifted their target price on Cisco Systems from $64.00 to $70.00 and gave the stock a “neutral” rating in a report on Thursday, August 14th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat.com, Cisco Systems has an average rating of “Moderate Buy” and an average target price of $74.53.

Insider Buying and Selling

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 value of $2,036,012.91. Following the sale, the chief executive officer directly owned 639,000 shares in the company, valued at $42,576,570. The trade was a 4.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Thimaya K. Subaiya sold 7,511 shares of the business’s stock in a transaction dated Wednesday, August 20th. The shares were sold at an average price of $66.84, for a total value of $502,035.24. Following the completion of the sale, the executive vice president owned 161,467 shares in the company, valued at approximately $10,792,454.28. This trade represents a 4.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 88,099 shares of company stock valued at $5,851,765. Corporate insiders own 0.01% of the company’s stock.

Cisco Systems Stock Performance

CSCO stock opened at $66.53 on Friday. The business’s 50-day moving average price is $68.24 and its two-hundred day moving average price is $64.00. The company has a current ratio of 1.00, a quick ratio of 0.91 and a debt-to-equity ratio of 0.49. The firm has a market cap of $263.01 billion, a PE ratio of 25.39, a P/E/G ratio of 2.84 and a beta of 0.99. Cisco Systems, Inc. has a 1-year low of $49.67 and a 1-year high of $72.55.

Cisco Systems (NASDAQ:CSCO) last issued its quarterly earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 EPS for the quarter, beating analysts’ consensus estimates of $0.98 by $0.01. The company had revenue of $14.67 billion for the quarter, compared to analyst estimates of $14.63 billion. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The company’s quarterly revenue was up 7.6% compared to the same quarter last year. 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. As a group, research analysts forecast that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.

Cisco Systems Dividend Announcement

The company 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 $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date is Friday, October 3rd. Cisco Systems’s payout ratio is 62.60%.

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.