Maryland State Retirement & Pension System Increases Stock Position in Cisco Systems, Inc. $CSCO

Maryland State Retirement & Pension System lifted its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 3.6% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 193,458 shares of the network equipment provider’s stock after acquiring an additional 6,799 shares during the quarter. Maryland State Retirement & Pension System’s holdings in Cisco Systems were worth $13,422,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Pandora Wealth Inc. acquired a new position in shares of Cisco Systems during the 1st quarter valued at $31,000. Nova Wealth Management Inc. acquired a new position in shares of Cisco Systems during the 1st quarter valued at $31,000. Brown Shipley& Co Ltd acquired a new position in shares of Cisco Systems during the 2nd quarter valued at $32,000. Fairway Wealth LLC lifted its holdings in shares of Cisco Systems by 224.7% during the 1st quarter. Fairway Wealth LLC now owns 578 shares of the network equipment provider’s stock valued at $36,000 after acquiring an additional 400 shares in the last quarter. Finally, Accent Capital Management LLC acquired a new position in shares of Cisco Systems during the 1st quarter valued at $36,000. Institutional investors and hedge funds own 73.33% of the company’s stock.

Cisco Systems Price Performance

CSCO opened at $70.33 on Thursday. The firm has a market cap of $278.03 billion, a price-to-earnings ratio of 26.84, a price-to-earnings-growth ratio of 2.90 and a beta of 0.97. Cisco Systems, Inc. has a fifty-two week low of $52.11 and a fifty-two week high of $72.55. The company’s 50-day moving average price is $68.18 and its 200 day moving average price is $64.75. The company has a quick ratio of 0.91, a current ratio of 1.00 and a debt-to-equity ratio of 0.49.

Cisco Systems (NASDAQ:CSCO) last posted its 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. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. The firm had revenue of $14.67 billion during the quarter, compared to analysts’ expectations of $14.63 billion. During the same quarter in the prior year, the firm earned $0.87 EPS. Cisco Systems’s quarterly revenue was up 7.6% on a year-over-year basis. 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, sell-side analysts expect that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.

Cisco Systems Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 22nd. Shareholders of record on Friday, October 3rd will be given a $0.41 dividend. The ex-dividend date is Friday, October 3rd. This represents a $1.64 annualized dividend and a yield of 2.3%. Cisco Systems’s dividend payout ratio is 62.60%.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. HSBC reiterated a “hold” rating and issued a $69.00 price objective on shares of Cisco Systems in a report on Friday, August 15th. Wall Street Zen cut shares of Cisco Systems from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 12th. 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 research report on Thursday, August 14th. Morgan Stanley upped their price objective on shares of Cisco Systems from $67.00 to $70.00 and gave the company an “overweight” rating in a research report on Friday, July 18th. Finally, Wolfe Research started coverage on shares of Cisco Systems in a research report on Tuesday, July 8th. They issued a “peer perform” rating for the company. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat.com, Cisco Systems presently has an average rating of “Moderate Buy” and an average target price of $74.53.

Insider Transactions at Cisco Systems

In other Cisco Systems news, CEO Charles Robbins sold 30,557 shares of the company’s stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $66.63, for a total value of $2,036,012.91. Following the completion of the transaction, the chief executive officer owned 639,000 shares in the company, valued at approximately $42,576,570. This represents a 4.56% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Oliver Tuszik sold 17,526 shares of the company’s stock in a transaction dated 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 transaction, the executive vice president owned 198,855 shares of the company’s stock, valued at approximately $13,512,197.25. This trade represents a 8.10% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 82,965 shares of company stock worth $5,559,996 in the last quarter. 0.01% of the stock is currently owned by corporate insiders.

About Cisco Systems

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.