KCM Investment Advisors LLC Boosts Position in Cisco Systems, Inc. $CSCO

KCM Investment Advisors LLC raised its holdings in Cisco Systems, Inc. (NASDAQ:CSCO) by 2.9% during the second quarter, Holdings Channel.com reports. The firm owned 95,801 shares of the network equipment provider’s stock after purchasing an additional 2,662 shares during the quarter. KCM Investment Advisors LLC’s holdings in Cisco Systems were worth $6,647,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently modified their holdings of CSCO. Financial Connections Group Inc. lifted its holdings in shares of Cisco Systems by 89.4% during the 2nd quarter. Financial Connections Group Inc. now owns 409 shares of the network equipment provider’s stock valued at $28,000 after acquiring an additional 193 shares in the last quarter. Pandora Wealth Inc. purchased a new stake in shares of Cisco Systems during the 1st quarter valued at about $31,000. Nova Wealth Management Inc. acquired a new position in Cisco Systems during the 1st quarter worth approximately $31,000. Brown Shipley& Co Ltd purchased a new position in Cisco Systems in the 2nd quarter worth approximately $32,000. Finally, Accent Capital Management LLC purchased a new position in shares of Cisco Systems in the first quarter valued at $36,000. 73.33% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Cisco Systems news, EVP Oliver Tuszik sold 17,526 shares of the firm’s stock in a transaction on Friday, September 19th. The stock was sold at an average price of $67.95, for a total transaction of $1,190,891.70. Following the completion of the sale, the executive vice president owned 198,855 shares of the company’s stock, valued at $13,512,197.25. This trade represents a 8.10% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Charles Robbins sold 30,557 shares of Cisco Systems stock in a transaction dated Friday, August 15th. The stock was sold at an average price of $66.63, for a total transaction of $2,036,012.91. Following the sale, the chief executive officer directly owned 639,000 shares of the company’s stock, valued at $42,576,570. The trade was a 4.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 82,965 shares of company stock worth $5,559,996 in the last ninety days. 0.01% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of analysts have weighed in on CSCO shares. HSBC reissued a “hold” rating and set a $69.00 target price on shares of Cisco Systems in a report on Friday, August 15th. Evercore ISI upped their target price on Cisco Systems from $72.00 to $74.00 and gave the company an “in-line” rating in a report on Thursday, August 14th. Barclays raised their price target on Cisco Systems from $66.00 to $71.00 and gave the stock an “equal weight” rating in a report on Thursday, August 14th. Rosenblatt Securities restated a “buy” rating and set a $87.00 price objective on shares of Cisco Systems in a research note on Thursday, August 14th. Finally, CICC Research initiated coverage on Cisco Systems in a research report on Monday, July 14th. They issued an “outperform” rating and a $78.00 target price on the stock. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $75.50.

Cisco Systems Trading Up 0.0%

Cisco Systems stock opened at $71.07 on Friday. Cisco Systems, Inc. has a 52 week low of $52.11 and a 52 week high of $74.84. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.91 and a current ratio of 1.00. The firm has a market capitalization of $280.07 billion, a PE ratio of 27.13, a PEG ratio of 3.00 and a beta of 0.95. The business’s 50-day simple moving average is $69.19 and its 200-day simple moving average is $66.78.

Cisco Systems (NASDAQ:CSCO) last posted its quarterly earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share (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 net margin of 18.45% and a return on equity of 27.06%. The company’s quarterly revenue was up 7.6% compared to the same quarter last year. 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. Equities research analysts forecast that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.

Cisco Systems Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 22nd. Investors of record on Friday, October 3rd were paid a dividend of $0.41 per share. This represents a $1.64 annualized dividend 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 presently 62.60%.

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.