GM Advisory Group LLC Purchases 6,776 Shares of Cisco Systems, Inc. $CSCO

GM Advisory Group LLC lifted its holdings in Cisco Systems, Inc. (NASDAQ:CSCO) by 44.5% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 22,001 shares of the network equipment provider’s stock after purchasing an additional 6,776 shares during the period. GM Advisory Group LLC’s holdings in Cisco Systems were worth $1,526,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Brighton Jones LLC raised its holdings in Cisco Systems by 49.5% in the 4th quarter. Brighton Jones LLC now owns 74,187 shares of the network equipment provider’s stock worth $4,392,000 after purchasing an additional 24,562 shares during the period. Revolve Wealth Partners LLC raised its stake in shares of Cisco Systems by 37.0% in the fourth quarter. Revolve Wealth Partners LLC now owns 9,156 shares of the network equipment provider’s stock worth $542,000 after buying an additional 2,474 shares during the period. Foundations Investment Advisors LLC lifted its position in shares of Cisco Systems by 8.8% during the 1st quarter. Foundations Investment Advisors LLC now owns 29,476 shares of the network equipment provider’s stock valued at $1,819,000 after buying an additional 2,390 shares in the last quarter. Picton Mahoney Asset Management grew its stake in shares of Cisco Systems by 80,078.3% during the 1st quarter. Picton Mahoney Asset Management now owns 18,441 shares of the network equipment provider’s stock valued at $1,138,000 after acquiring an additional 18,418 shares during the period. Finally, Meeder Asset Management Inc. increased its holdings in Cisco Systems by 20.6% in the 1st quarter. Meeder Asset Management Inc. now owns 1,859 shares of the network equipment provider’s stock worth $115,000 after acquiring an additional 317 shares in the last quarter. 73.33% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on CSCO. BNP Paribas Exane raised their price objective on shares of Cisco Systems from $76.00 to $86.00 and gave the company an “outperform” rating in a research report on Thursday, November 13th. Argus boosted their price target on Cisco Systems from $80.00 to $100.00 in a report on Thursday, November 13th. Piper Sandler increased their price objective on shares of Cisco Systems from $70.00 to $86.00 and gave the company a “neutral” rating in a report on Thursday, November 13th. Rosenblatt Securities lifted their price objective on shares of Cisco Systems from $87.00 to $100.00 and gave the company a “buy” rating in a research report on Thursday, November 13th. Finally, Bank of America lifted their price target on shares of Cisco Systems from $85.00 to $95.00 and gave the company a “buy” rating in a report on Thursday, November 13th. Seventeen research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $84.14.

Cisco Systems Price Performance

Cisco Systems stock opened at $76.07 on Thursday. The firm has a market capitalization of $300.56 billion, a PE ratio of 29.03, a price-to-earnings-growth ratio of 3.00 and a beta of 0.95. Cisco Systems, Inc. has a 12-month low of $52.11 and a 12-month high of $80.06. The firm has a 50-day moving average price of $71.38 and a 200-day moving average price of $68.48. The company has a current ratio of 1.00, a quick ratio of 0.91 and a debt-to-equity ratio of 0.49.

Cisco Systems (NASDAQ:CSCO) last announced its quarterly earnings data on Wednesday, November 12th. The network equipment provider reported $1.00 earnings per share for the quarter, beating analysts’ consensus estimates of $0.98 by $0.02. The company had revenue of $14.88 billion during the quarter, compared to analyst estimates of $14.77 billion. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. The firm’s revenue for the quarter was up 7.5% on a year-over-year basis. During the same quarter last year, the business posted $0.91 EPS. Cisco Systems has set its FY 2026 guidance at 4.080-4.140 EPS. Q2 2026 guidance at 1.010-1.030 EPS. As a group, equities research analysts forecast that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 21st. Investors of record on Friday, January 2nd will be paid a $0.41 dividend. The ex-dividend date of this dividend is Friday, January 2nd. This represents a $1.64 annualized dividend and a yield of 2.2%. Cisco Systems’s dividend payout ratio is 61.65%.

Insider Buying and Selling

In other news, EVP Thimaya K. Subaiya sold 56,038 shares of the firm’s stock in a transaction on Wednesday, November 19th. The stock was sold at an average price of $78.33, for a total transaction of $4,389,456.54. Following the transaction, the executive vice president owned 179,780 shares in the company, valued at approximately $14,082,167.40. This trade represents a 23.76% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Charles Robbins sold 281,860 shares of the company’s stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $78.35, for a total transaction of $22,083,731.00. Following the completion of the sale, the chief executive officer directly owned 820,887 shares of the company’s stock, valued at approximately $64,316,496.45. This trade represents a 25.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,024,627 shares of company stock valued at $79,621,482 over the last 90 days. 0.01% of the stock is owned by insiders.

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.