OLD Second National Bank of Aurora Sells 274 Shares of Cisco Systems, Inc. $CSCO

OLD Second National Bank of Aurora decreased its stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 3.5% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 7,556 shares of the network equipment provider’s stock after selling 274 shares during the period. OLD Second National Bank of Aurora’s holdings in Cisco Systems were worth $524,000 as of its most recent filing with the SEC.

A number of other large investors have also recently added to or reduced their stakes in CSCO. Pandora Wealth Inc. acquired a new stake in shares of Cisco Systems in the first quarter worth $31,000. Nova Wealth Management Inc. bought a new position in Cisco Systems in the 1st quarter worth $31,000. Brown Shipley& Co Ltd bought a new position in Cisco Systems in the 2nd quarter worth $32,000. Fairway Wealth LLC grew its position in shares of Cisco Systems by 224.7% in the first quarter. Fairway Wealth LLC now owns 578 shares of the network equipment provider’s stock valued at $36,000 after purchasing an additional 400 shares during the last quarter. Finally, Accent Capital Management LLC acquired a new stake in shares of Cisco Systems in the first quarter valued at about $36,000. Institutional investors own 73.33% of the company’s stock.

Insider Activity

In other Cisco Systems news, EVP Thimaya K. Subaiya sold 1,744 shares of the company’s stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $66.78, for a total transaction of $116,464.32. Following the sale, the executive vice president directly owned 158,009 shares of the company’s stock, valued at approximately $10,551,841.02. This represents a 1.09% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Charles Robbins sold 30,557 shares of the business’s stock in a transaction that occurred on Friday, August 15th. The stock was 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 directly owned 639,000 shares in the company, valued at $42,576,570. The trade was a 4.56% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 82,965 shares of company stock valued at $5,559,996. Corporate insiders own 0.01% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently weighed in on CSCO shares. Deutsche Bank Aktiengesellschaft upgraded Cisco Systems from a “hold” rating to a “buy” rating and increased their target price for the company from $65.00 to $73.00 in a research note on Monday, June 16th. HSBC reiterated a “hold” rating and set a $69.00 price target on shares of Cisco Systems in a report on Friday, August 15th. CICC Research initiated coverage on shares of Cisco Systems in a research report on Monday, July 14th. They set an “outperform” rating and a $78.00 target price on the stock. Wolfe Research assumed coverage on shares of Cisco Systems in a research report on Tuesday, July 8th. They set a “peer perform” rating on the stock. Finally, Hsbc Global Res lowered shares of Cisco Systems from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 15th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $74.53.

Cisco Systems Trading Down 0.6%

CSCO stock opened at $68.31 on Friday. The business’s 50 day moving average is $68.12 and its 200-day moving average is $64.51. The company has a current ratio of 1.00, a quick ratio of 0.91 and a debt-to-equity ratio of 0.49. The firm has a market cap of $270.04 billion, a P/E ratio of 26.07, a P/E/G ratio of 2.89 and a beta of 0.97. Cisco Systems, Inc. has a 1-year low of $52.11 and a 1-year high of $72.55.

Cisco Systems (NASDAQ:CSCO) last announced its quarterly earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 EPS for the quarter, beating the consensus estimate of $0.98 by $0.01. The business had revenue of $14.67 billion for the quarter, compared to analyst estimates of $14.63 billion. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.Cisco Systems’s quarterly revenue was up 7.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.87 EPS. Cisco Systems has set its Q1 2026 guidance at 0.970-0.990 EPS. FY 2026 guidance at 4.000-4.060 EPS. Equities analysts anticipate that Cisco Systems, Inc. will post 3.04 earnings per share for the current fiscal year.

Cisco Systems Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 22nd. Investors of record on Friday, October 3rd will be given a dividend of $0.41 per share. The ex-dividend date is Friday, October 3rd. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.4%. Cisco Systems’s dividend payout ratio (DPR) is 62.60%.

Cisco Systems 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.