KLCM Advisors Inc. Lowers Stock Holdings in Cisco Systems, Inc. $CSCO

KLCM Advisors Inc. reduced its stake in Cisco Systems, Inc. (NASDAQ:CSCO) by 4.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 209,763 shares of the network equipment provider’s stock after selling 9,250 shares during the quarter. Cisco Systems accounts for 1.4% of KLCM Advisors Inc.’s investment portfolio, making the stock its 17th biggest holding. KLCM Advisors Inc.’s holdings in Cisco Systems were worth $16,158,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Marquette Asset Management LLC purchased a new position in shares of Cisco Systems in the 3rd quarter valued at approximately $25,000. EQ Wealth Advisors LLC purchased a new position in shares of Cisco Systems in the 4th quarter valued at approximately $31,000. Board of the Pension Protection Fund purchased a new position in shares of Cisco Systems in the 4th quarter valued at approximately $31,000. Anfield Capital Management LLC boosted its stake in shares of Cisco Systems by 248.9% in the fourth quarter. Anfield Capital Management LLC now owns 485 shares of the network equipment provider’s stock valued at $37,000 after buying an additional 346 shares in the last quarter. Finally, Joseph Group Capital Management purchased a new stake in shares of Cisco Systems in the fourth quarter valued at approximately $38,000. 73.33% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, SVP Maria Victoria Wong sold 2,179 shares of Cisco Systems stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $77.74, for a total transaction of $169,395.46. Following the completion of the transaction, the senior vice president directly owned 28,807 shares of the company’s stock, valued at approximately $2,239,456.18. The trade was a 7.03% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP Deborah L. Stahlkopf sold 7,981 shares of the business’s stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $79.50, for a total value of $634,489.50. Following the completion of the transaction, the executive vice president directly owned 187,097 shares of the company’s stock, valued at approximately $14,874,211.50. This trade represents a 4.09% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 46,431 shares of company stock valued at $3,574,820 in the last 90 days. Insiders own 0.01% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently weighed in on the company. Wall Street Zen downgraded Cisco Systems from a “buy” rating to a “hold” rating in a research note on Saturday, March 14th. BNP Paribas Exane lifted their price target on Cisco Systems from $86.00 to $87.00 and gave the company an “outperform” rating in a research note on Thursday, February 12th. Argus upgraded Cisco Systems to a “strong-buy” rating in a research note on Friday, February 13th. HSBC lifted their price target on Cisco Systems from $74.00 to $77.00 and gave the company a “hold” rating in a research note on Friday, February 13th. Finally, Rosenblatt Securities restated a “buy” rating and issued a $100.00 price target on shares of Cisco Systems in a research note on Thursday, February 12th. Three research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat, Cisco Systems currently has a consensus rating of “Moderate Buy” and a consensus price target of $90.29.

Key Headlines Impacting Cisco Systems

Here are the key news stories impacting Cisco Systems this week:

• Positive Sentiment: Analysts are highlighting Cisco’s exposure to strong AI networking demand heading into results, which could support revenue growth and sentiment if management confirms healthy order trends. Buy Cisco Stock Ahead of Q3 Earnings? Here’s What to Know
• Positive Sentiment: Multiple industry pieces point to a favorable networking sector backdrop, with Cisco cited as a beneficiary of tailwinds despite macro headwinds and margin pressure. 3 Stocks to Consider From a Flourishing Networking Industry
• Positive Sentiment: JPMorgan raised its price target on Cisco to $96, signaling continued confidence in the stock’s long-term fundamentals, even though that target remains below the recent trading level. MarketScreener
• Neutral Sentiment: Cisco is set to report quarterly earnings on Wednesday, making the stock sensitive to any surprise in guidance, margins, or AI-related order commentary. Cisco Systems (CSCO) Expected to Announce Quarterly Earnings on Wednesday
• Neutral Sentiment: Broader market news is mixed, with investors waiting on inflation data and geopolitics, which could influence near-term trading in Cisco along with the rest of the market. Week Ahead: Inflation test, an AI IPO and US-China talks put Wall Street on edge
• Negative Sentiment: Competitive pressure from Arista Networks, Dell, and Hewlett Packard Enterprise remains a key concern ahead of earnings and could cap upside if Cisco’s growth outlook disappoints. Buy Cisco Stock Ahead of Q3 Earnings? Here’s What to Know

Cisco Systems Stock Performance

Shares of CSCO stock opened at $98.72 on Tuesday. The stock has a fifty day moving average price of $83.08 and a 200 day moving average price of $78.94. The stock has a market cap of $389.93 billion, a PE ratio of 34.64, a P/E/G ratio of 3.62 and a beta of 0.92. Cisco Systems, Inc. has a 1 year low of $60.85 and a 1 year high of $98.83. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.85 and a current ratio of 0.96.

Cisco Systems (NASDAQ:CSCO) last issued its quarterly earnings data on Wednesday, February 11th. The network equipment provider reported $1.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.02 by $0.02. The firm had revenue of $15.35 billion during the quarter, compared to analysts’ expectations of $15.11 billion. Cisco Systems had a return on equity of 27.88% and a net margin of 19.22%.Cisco Systems’s revenue was up 9.7% on a year-over-year basis. During the same period in the previous year, the firm posted $0.94 earnings per share. Sell-side analysts forecast that Cisco Systems, Inc. will post 3.42 earnings per share for the current fiscal year.

Cisco Systems Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 22nd. Investors of record on Thursday, April 2nd were issued a dividend of $0.42 per share. This is a boost from Cisco Systems’s previous quarterly dividend of $0.41. This represents a $1.68 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend was Thursday, April 2nd. Cisco Systems’s payout ratio is presently 58.95%.

About Cisco Systems

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.