Freedom Investment Management Inc. Buys 394 Shares of Cisco Systems, Inc. $CSCO

Freedom Investment Management Inc. boosted its stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 1.1% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 36,706 shares of the network equipment provider’s stock after buying an additional 394 shares during the quarter. Freedom Investment Management Inc.’s holdings in Cisco Systems were worth $2,547,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in CSCO. Vanguard Group Inc. lifted its holdings in Cisco Systems by 0.5% during the first quarter. Vanguard Group Inc. now owns 388,949,854 shares of the network equipment provider’s stock valued at $24,002,095,000 after purchasing an additional 1,865,648 shares during the last quarter. Invesco Ltd. lifted its holdings in Cisco Systems by 10.4% during the first quarter. Invesco Ltd. now owns 47,117,146 shares of the network equipment provider’s stock valued at $2,907,599,000 after purchasing an additional 4,437,450 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in Cisco Systems by 37.4% during the first quarter. Goldman Sachs Group Inc. now owns 46,973,293 shares of the network equipment provider’s stock valued at $2,898,722,000 after purchasing an additional 12,775,066 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Cisco Systems by 3.6% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 37,797,629 shares of the network equipment provider’s stock valued at $2,332,492,000 after purchasing an additional 1,326,354 shares during the last quarter. Finally, Amundi lifted its holdings in Cisco Systems by 11.0% during the first quarter. Amundi now owns 29,170,847 shares of the network equipment provider’s stock valued at $1,679,312,000 after purchasing an additional 2,898,391 shares during the last quarter. Institutional investors own 73.33% of the company’s stock.

Insiders Place Their Bets

In related news, SVP Maria Victoria Wong sold 428 shares of the firm’s stock in a transaction that occurred on Thursday, September 11th. The shares were sold at an average price of $68.25, for a total value of $29,211.00. Following the sale, the senior vice president directly owned 30,619 shares of the company’s stock, valued at $2,089,746.75. This trade represents a 1.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Deborah L. Stahlkopf sold 2,718 shares of the stock in a transaction that occurred on Thursday, September 11th. The shares were sold at an average price of $68.08, for a total transaction of $185,041.44. Following the transaction, the executive vice president owned 157,184 shares in the company, valued at $10,701,086.72. The trade was a 1.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 82,965 shares of company stock valued at $5,559,996 over the last three months. Corporate insiders own 0.01% of the company’s stock.

Cisco Systems Trading Down 0.1%

Shares of CSCO opened at $70.66 on Thursday. The firm’s 50 day simple moving average is $68.19 and its 200 day simple moving average is $65.38. The company has a market capitalization of $279.33 billion, a P/E ratio of 26.97, a P/E/G ratio of 2.98 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. Cisco Systems, Inc. has a 1-year low of $52.11 and a 1-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 earnings per share for the quarter, beating analysts’ consensus estimates of $0.98 by $0.01. The business had revenue of $14.67 billion for 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%. Cisco Systems’s quarterly revenue was up 7.6% on a year-over-year basis. During the same period last year, the firm 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. Sell-side analysts forecast that Cisco Systems, Inc. will post 3.04 earnings per share for the current fiscal year.

Cisco Systems Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 22nd. Investors of record on Friday, October 3rd were paid a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend was Friday, October 3rd. Cisco Systems’s dividend payout ratio (DPR) is currently 62.60%.

Analyst Ratings Changes

Several equities research analysts have commented on the stock. William Blair raised shares of Cisco Systems to a “hold” rating in a report on Thursday, August 14th. Rosenblatt Securities reaffirmed a “buy” rating and set a $87.00 price objective on shares of Cisco Systems in a report on Thursday, August 14th. Hsbc Global Res downgraded shares of Cisco Systems from a “strong-buy” rating to a “hold” rating in a report on Friday, August 15th. Weiss Ratings reissued a “buy (b-)” rating on shares of Cisco Systems in a report on Wednesday, October 8th. Finally, UBS Group increased their price target on shares of Cisco Systems from $70.00 to $74.00 and gave the stock a “neutral” rating in a report on Tuesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat.com, Cisco Systems has an average rating of “Moderate Buy” and a consensus price target of $74.72.

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.