Hilltop National Bank Invests $1.31 Million in Cisco Systems, Inc. $CSCO

Hilltop National Bank bought a new position in Cisco Systems, Inc. (NASDAQ:CSCO) in the second quarter, according to the company in its most recent filing with the SEC. The fund bought 18,892 shares of the network equipment provider’s stock, valued at approximately $1,311,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of CSCO. Brighton Jones LLC lifted its stake in shares of Cisco Systems by 49.5% during the 4th quarter. Brighton Jones LLC now owns 74,187 shares of the network equipment provider’s stock worth $4,392,000 after acquiring an additional 24,562 shares during the last quarter. Revolve Wealth Partners LLC lifted its stake in shares of Cisco Systems by 37.0% during the 4th quarter. Revolve Wealth Partners LLC now owns 9,156 shares of the network equipment provider’s stock worth $542,000 after acquiring an additional 2,474 shares during the last quarter. Apella Capital LLC lifted its stake in shares of Cisco Systems by 22.2% during the 1st quarter. Apella Capital LLC now owns 14,603 shares of the network equipment provider’s stock worth $849,000 after acquiring an additional 2,651 shares during the last quarter. Nixon Peabody Trust Co. lifted its stake in shares of Cisco Systems by 12.0% during the 1st quarter. Nixon Peabody Trust Co. now owns 4,600 shares of the network equipment provider’s stock worth $284,000 after acquiring an additional 492 shares during the last quarter. Finally, Johnson & White Wealth Management LLC lifted its stake in shares of Cisco Systems by 2.0% during the 1st quarter. Johnson & White Wealth Management LLC now owns 13,914 shares of the network equipment provider’s stock worth $859,000 after acquiring an additional 278 shares during the last quarter. Hedge funds and other institutional investors own 73.33% of the company’s stock.

Insider Activity

In related news, insider Jeetendra I. Patel sold 9,061 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 $603,462.60. Following the transaction, the insider directly owned 237,405 shares in the company, valued at $15,811,173. The trade was a 3.68% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Thimaya K. Subaiya sold 7,511 shares of the business’s stock in a transaction on Wednesday, August 20th. The stock was sold at an average price of $66.84, for a total value of $502,035.24. Following the transaction, 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. Insiders sold 82,965 shares of company stock worth $5,559,996 over the last quarter. Company insiders own 0.01% of the company’s stock.

Cisco Systems Trading Down 0.6%

CSCO opened at $68.31 on Friday. The firm has a market cap of $270.04 billion, a price-to-earnings ratio of 26.07, a PEG ratio of 2.89 and a beta of 0.97. 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, Inc. has a 12 month low of $52.11 and a 12 month high of $72.55. The stock has a fifty day moving average price of $68.12 and a 200-day moving average price of $64.51.

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 firm had revenue of $14.67 billion during 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 business’s revenue for the quarter was up 7.6% compared to the same quarter last year. During the same period in the previous year, the company posted $0.87 EPS. 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, equities research analysts anticipate that Cisco Systems, Inc. will post 3.04 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, October 22nd. Investors of record on Friday, October 3rd will be paid a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a yield of 2.4%. The ex-dividend date is Friday, October 3rd. Cisco Systems’s payout ratio is 62.60%.

Analyst Ratings Changes

A number of brokerages recently issued reports on CSCO. Hsbc Global Res lowered Cisco Systems from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 15th. UBS Group raised their price target on Cisco Systems from $70.00 to $74.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 5th. HSBC reaffirmed a “hold” rating and set a $69.00 target price on shares of Cisco Systems in a research report on Friday, August 15th. William Blair raised Cisco Systems to a “hold” rating in a research report on Thursday, August 14th. Finally, Wall Street Zen lowered Cisco Systems from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 12th. One equities research 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. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $74.53.

Cisco Systems Company 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.