Invested Advisors Purchases New Shares in Cisco Systems, Inc. $CSCO

Invested Advisors acquired a new position in shares of Cisco Systems, Inc. (NASDAQ:CSCOFree Report) during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund acquired 12,448 shares of the network equipment provider’s stock, valued at approximately $852,000. Cisco Systems comprises 1.2% of Invested Advisors’ investment portfolio, making the stock its 22nd biggest holding.

Several other hedge funds and other institutional investors also recently modified their holdings of CSCO. Bare Financial Services Inc lifted its stake in Cisco Systems by 531.0% during the second quarter. Bare Financial Services Inc now owns 366 shares of the network equipment provider’s stock worth $25,000 after purchasing an additional 308 shares during the last quarter. Financial Connections Group Inc. grew its position in Cisco Systems by 89.4% in the 2nd quarter. Financial Connections Group Inc. now owns 409 shares of the network equipment provider’s stock worth $28,000 after purchasing an additional 193 shares during the last quarter. Legacy Investment Solutions LLC bought a new position in Cisco Systems in the 2nd quarter worth approximately $28,000. Lowe Wealth Advisors LLC increased its holdings in shares of Cisco Systems by 96.2% during the third quarter. Lowe Wealth Advisors LLC now owns 408 shares of the network equipment provider’s stock valued at $28,000 after purchasing an additional 200 shares during the period. Finally, Nova Wealth Management Inc. acquired a new position in Cisco Systems during the 1st quarter valued at about $31,000. Institutional investors own 73.33% of the company’s stock.

Cisco Systems Price Performance

Shares of NASDAQ:CSCO opened at $73.96 on Friday. The firm has a market capitalization of $292.22 billion, a PE ratio of 27.80, a PEG ratio of 2.83 and a beta of 0.87. The company has a current ratio of 0.93, a quick ratio of 0.83 and a debt-to-equity ratio of 0.46. Cisco Systems, Inc. has a 1-year low of $52.11 and a 1-year high of $80.82. The business’s 50 day moving average is $76.38 and its 200-day moving average is $71.31.

Cisco Systems (NASDAQ:CSCOGet Free Report) last posted its earnings results 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. Cisco Systems had a net margin of 18.38% and a return on equity of 27.29%. The business had revenue of $14.88 billion for the quarter, compared to analysts’ expectations of $14.77 billion. During the same quarter in the previous year, the firm posted $0.91 earnings per share. The firm’s revenue for the quarter was up 7.5% on a year-over-year basis. Cisco Systems has set its FY 2026 guidance at 4.080-4.140 EPS and its Q2 2026 guidance at 1.010-1.030 EPS. Sell-side analysts predict that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.

Cisco Systems Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 21st. Shareholders 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 dividend on an annualized basis and a yield of 2.2%. Cisco Systems’s payout ratio is currently 61.65%.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on CSCO shares. CICC Research boosted their price target on shares of Cisco Systems from $78.00 to $84.00 and gave the stock an “outperform” rating in a research report on Friday, November 14th. Bank of America upped their price target on Cisco Systems from $85.00 to $95.00 and gave the company a “buy” rating in a research report on Thursday, November 13th. Wells Fargo & Company increased their target price on shares of Cisco Systems from $83.00 to $95.00 and gave the stock an “overweight” rating in a research report on Thursday, November 13th. Argus lifted their price target on Cisco Systems from $80.00 to $100.00 in a report on Thursday, November 13th. Finally, Erste Group Bank upgraded shares of Cisco Systems from a “hold” rating to a “buy” rating in a report on Monday, November 10th. Sixteen investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $85.23.

Read Our Latest Stock Report on CSCO

Insider Buying and Selling

In other news, Director Michael D. Capellas sold 10,850 shares of Cisco Systems stock in a transaction on Friday, December 19th. The stock was sold at an average price of $77.13, for a total value of $836,860.50. Following the completion of the sale, the director directly owned 146,368 shares of the company’s stock, valued at approximately $11,289,363.84. This trade represents a 6.90% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Charles Robbins sold 116,734 shares of Cisco Systems stock in a transaction dated Tuesday, November 18th. The stock was sold at an average price of $77.30, for a total value of $9,023,538.20. Following the completion of the sale, the chief executive officer owned 704,153 shares of the company’s stock, valued at approximately $54,431,026.90. The trade was a 14.22% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,044,865 shares of company stock valued at $81,397,635 in the last 90 days. 0.01% of the stock is owned by corporate insiders.

About Cisco Systems

(Free Report)

Cisco Systems, Inc is a global technology company that designs, manufactures and sells networking hardware, software and telecommunications equipment. Its core business focuses on enabling enterprise and service-provider networks through products such as routers, switches, network security appliances and wireless systems. Over time Cisco has broadened its portfolio to emphasize software-defined networking, cybersecurity, cloud infrastructure and edge computing solutions that help organizations build and manage modern IT environments.

In addition to hardware, Cisco offers a growing range of software platforms and subscription services for network management, security, analytics and collaboration.

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Institutional Ownership by Quarter for Cisco Systems (NASDAQ:CSCO)

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