Impact Capital Partners LLC Reduces Position in Cisco Systems, Inc. $CSCO

Impact Capital Partners LLC decreased its stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 5.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,683 shares of the network equipment provider’s stock after selling 418 shares during the quarter. Impact Capital Partners LLC’s holdings in Cisco Systems were worth $533,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Forza Wealth Management LLC increased its position in shares of Cisco Systems by 0.8% in the 2nd quarter. Forza Wealth Management LLC now owns 62,616 shares of the network equipment provider’s stock valued at $4,344,000 after acquiring an additional 467 shares during the period. Childress Capital Advisors LLC grew its stake in Cisco Systems by 0.8% during the 2nd quarter. Childress Capital Advisors LLC now owns 18,806 shares of the network equipment provider’s stock valued at $1,305,000 after purchasing an additional 157 shares during the last quarter. PFG Investments LLC grew its stake in Cisco Systems by 0.8% during the 2nd quarter. PFG Investments LLC now owns 175,137 shares of the network equipment provider’s stock valued at $12,151,000 after purchasing an additional 1,321 shares during the last quarter. Victrix Investment Advisors increased its holdings in shares of Cisco Systems by 3.6% in the second quarter. Victrix Investment Advisors now owns 62,935 shares of the network equipment provider’s stock valued at $4,366,000 after purchasing an additional 2,158 shares during the period. Finally, Brown Shipley& Co Ltd purchased a new position in shares of Cisco Systems in the second quarter worth about $32,000. 73.33% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, EVP Deborah L. Stahlkopf sold 2,718 shares of the business’s stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $68.08, for a total transaction of $185,041.44. Following the completion of the sale, the executive vice president owned 157,184 shares of the company’s stock, valued at $10,701,086.72. The trade was a 1.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Maria Victoria Wong sold 428 shares of the company’s stock in a transaction dated Thursday, September 11th. The stock was sold at an average price of $68.25, for a total transaction of $29,211.00. Following the transaction, the senior vice president owned 30,619 shares of the company’s stock, valued at approximately $2,089,746.75. This trade represents a 1.38% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 82,965 shares of company stock valued at $5,559,996. 0.01% of the stock is owned by company insiders.

Cisco Systems Price Performance

Shares of Cisco Systems stock opened at $68.42 on Wednesday. The firm has a market cap of $270.48 billion, a PE ratio of 26.11, a P/E/G ratio of 2.85 and a beta of 0.99. Cisco Systems, Inc. has a twelve month low of $52.11 and a twelve month high of $72.55. The company has a quick ratio of 0.91, a current ratio of 1.00 and a debt-to-equity ratio of 0.49. The business has a 50-day moving average price of $68.12 and a 200 day moving average price of $64.43.

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

Cisco Systems Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 22nd. Shareholders of record on Friday, October 3rd will be issued a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend is Friday, October 3rd. Cisco Systems’s dividend payout ratio (DPR) is presently 62.60%.

Analyst Upgrades and Downgrades

CSCO has been the topic of a number of recent research reports. Piper Sandler upped their target price on Cisco Systems from $64.00 to $70.00 and gave the company a “neutral” rating in a research report on Thursday, August 14th. Barclays upped their price objective on shares of Cisco Systems from $66.00 to $71.00 and gave the company an “equal weight” rating in a report on Thursday, August 14th. Rosenblatt Securities reiterated a “buy” rating and issued a $87.00 price objective on shares of Cisco Systems in a research note on Thursday, August 14th. JPMorgan Chase & Co. boosted their target price on shares of Cisco Systems from $73.00 to $78.00 and gave the company an “overweight” rating in a research report on Thursday, July 17th. Finally, CICC Research assumed coverage on Cisco Systems in a research report on Monday, July 14th. They set an “outperform” rating and a $78.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target 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.