Nkcfo LLC Has $11.45 Million Stock Position in Cisco Systems, Inc. $CSCO

Nkcfo LLC grew its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 36.4% during the second quarter, Holdings Channel.com reports. The firm owned 165,050 shares of the network equipment provider’s stock after buying an additional 44,050 shares during the quarter. Cisco Systems accounts for approximately 4.8% of Nkcfo LLC’s portfolio, making the stock its 6th biggest position. Nkcfo LLC’s holdings in Cisco Systems were worth $11,451,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. Morton Community Bank raised its position in shares of Cisco Systems by 3.0% during the 2nd quarter. Morton Community Bank now owns 61,435 shares of the network equipment provider’s stock worth $4,262,000 after buying an additional 1,788 shares in the last quarter. Avestar Capital LLC grew its stake in shares of Cisco Systems by 31.2% in the 2nd quarter. Avestar Capital LLC now owns 33,047 shares of the network equipment provider’s stock worth $2,293,000 after purchasing an additional 7,853 shares during the last quarter. StoneX Group Inc. grew its position in Cisco Systems by 6.3% in the second quarter. StoneX Group Inc. now owns 81,895 shares of the network equipment provider’s stock worth $5,681,000 after buying an additional 4,820 shares during the last quarter. Flow Traders U.S. LLC acquired a new stake in shares of Cisco Systems during the second quarter worth $902,000. Finally, Cresset Asset Management LLC raised its holdings in Cisco Systems by 1.9% during the 2nd quarter. Cresset Asset Management LLC now owns 630,769 shares of the network equipment provider’s stock worth $43,763,000 after buying an additional 11,593 shares during the period. Institutional investors and hedge funds own 73.33% of the company’s stock.

Cisco Systems Stock Up 0.3%

CSCO stock opened at $77.97 on Friday. The company has a current ratio of 0.93, a quick ratio of 0.83 and a debt-to-equity ratio of 0.46. The firm has a market cap of $308.07 billion, a PE ratio of 29.31, a PEG ratio of 2.95 and a beta of 0.87. Cisco Systems, Inc. has a 1 year low of $52.11 and a 1 year high of $80.06. The company has a fifty day simple moving average of $72.68 and a 200 day simple moving average of $69.13.

Cisco Systems (NASDAQ:CSCO) last posted its earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 earnings per share for the quarter, beating the consensus estimate of $0.98 by $0.02. Cisco Systems had a return on equity of 27.29% and a net margin of 18.38%.The company had revenue of $14.88 billion for the quarter, compared to analyst estimates of $14.77 billion. During the same period last year, the company earned $0.91 earnings per share. The business’s revenue was up 7.5% compared to the same quarter last year. 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 anticipate that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.

Cisco Systems Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 21st. Shareholders of record on Friday, January 2nd will be given a dividend of $0.41 per share. 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 2.1%. Cisco Systems’s dividend payout ratio is presently 61.65%.

Analysts Set New Price Targets

Several analysts have issued reports on the stock. Citic Securities boosted their target price on shares of Cisco Systems from $75.00 to $90.00 in a research note on Monday, November 17th. Erste Group Bank raised shares of Cisco Systems from a “hold” rating to a “buy” rating in a research report on Monday, November 10th. Melius Research upped their price objective on shares of Cisco Systems from $84.00 to $100.00 and gave the company a “buy” rating in a research note on Thursday, November 13th. Hsbc Global Res lowered shares of Cisco Systems from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 15th. Finally, JPMorgan Chase & Co. upped their price target on shares of Cisco Systems from $80.00 to $90.00 and gave the stock an “overweight” rating in a research note on Thursday, November 13th. Seventeen analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Cisco Systems has a consensus rating of “Moderate Buy” and a consensus price target of $84.14.

Insider Activity at Cisco Systems

In related news, CEO Charles Robbins sold 281,860 shares of the firm’s stock in a transaction on Monday, November 17th. The shares were sold at an average price of $78.35, for a total value of $22,083,731.00. Following the transaction, the chief executive officer directly owned 820,887 shares in the company, valued at approximately $64,316,496.45. This trade represents a 25.56% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Oliver Tuszik sold 17,526 shares of Cisco Systems 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 transaction, the executive vice president owned 198,855 shares in the company, valued at $13,512,197.25. This trade represents a 8.10% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 1,024,627 shares of company stock valued at $79,621,482. 0.01% of the stock is owned by company 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.