Patriot Financial Group Insurance Agency LLC Has $612,000 Stock Position in Cisco Systems, Inc. $CSCO

Patriot Financial Group Insurance Agency LLC grew its stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 7.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 8,826 shares of the network equipment provider’s stock after purchasing an additional 635 shares during the period. Patriot Financial Group Insurance Agency LLC’s holdings in Cisco Systems were worth $612,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the stock. Postrock Partners LLC raised its holdings in shares of Cisco Systems by 4.5% in the 2nd quarter. Postrock Partners LLC now owns 3,480 shares of the network equipment provider’s stock worth $241,000 after acquiring an additional 150 shares during the last quarter. Pacifica Partners Inc. raised its holdings in shares of Cisco Systems by 0.5% in the 2nd quarter. Pacifica Partners Inc. now owns 34,060 shares of the network equipment provider’s stock worth $2,338,000 after acquiring an additional 155 shares during the last quarter. Pacific Sage Partners LLC raised its holdings in shares of Cisco Systems by 0.9% in the 2nd quarter. Pacific Sage Partners LLC now owns 16,746 shares of the network equipment provider’s stock worth $1,162,000 after acquiring an additional 156 shares during the last quarter. Childress Capital Advisors LLC raised its holdings in shares of Cisco Systems by 0.8% in the 2nd quarter. Childress Capital Advisors LLC now owns 18,806 shares of the network equipment provider’s stock worth $1,305,000 after acquiring an additional 157 shares during the last quarter. Finally, Ashton Thomas Securities LLC raised its holdings in shares of Cisco Systems by 2.9% in the 1st quarter. Ashton Thomas Securities LLC now owns 5,654 shares of the network equipment provider’s stock worth $349,000 after acquiring an additional 159 shares during the last quarter. Institutional investors and hedge funds own 73.33% of the company’s stock.

Cisco Systems Stock Down 0.6%

CSCO opened at $67.92 on Friday. The company has a 50 day moving average of $68.10 and a 200 day moving average of $64.59. The company has a market cap of $268.50 billion, a PE ratio of 25.92, a price-to-earnings-growth ratio of 2.85 and a beta of 0.97. Cisco Systems, Inc. has a 12 month low of $52.11 and a 12 month high of $72.55. The company has a current ratio of 1.00, a quick ratio of 0.91 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 earnings per share (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 business had revenue of $14.67 billion for the quarter, compared to analysts’ expectations of $14.63 billion. During the same period in the prior year, the company posted $0.87 EPS. The business’s revenue for the quarter was up 7.6% compared to the same quarter last year. Cisco Systems has set its Q1 2026 guidance at 0.970-0.990 EPS. FY 2026 guidance at 4.000-4.060 EPS. On average, sell-side analysts expect that Cisco Systems, Inc. will post 3.04 EPS 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 paid a $0.41 dividend. The ex-dividend date is Friday, October 3rd. This represents a $1.64 annualized dividend and a yield of 2.4%. Cisco Systems’s dividend payout ratio is currently 62.60%.

Analyst Ratings Changes

A number of research firms recently weighed in on CSCO. Piper Sandler upped their target price on shares of Cisco Systems from $64.00 to $70.00 and gave the stock a “neutral” rating in a report on Thursday, August 14th. HSBC reaffirmed a “hold” rating and issued a $69.00 price objective on shares of Cisco Systems in a research report on Friday, August 15th. KeyCorp began coverage on shares of Cisco Systems in a research report on Thursday, June 26th. They issued an “overweight” rating and a $77.00 price objective for the company. Bank of America upped their price objective on shares of Cisco Systems from $76.00 to $85.00 and gave the stock a “buy” rating in a research report on Thursday, August 14th. Finally, Barclays upped their price objective on shares of Cisco Systems from $66.00 to $71.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 14th. 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, the company currently has an average rating of “Moderate Buy” and an average price target of $74.53.

Insiders Place Their Bets

In other Cisco Systems news, SVP Maria Victoria Wong sold 428 shares of the stock in a transaction that occurred on Thursday, September 11th. The shares were sold at an average price of $68.25, for a total value of $29,211.00. Following the sale, the senior vice president directly owned 30,619 shares in the company, valued at $2,089,746.75. This represents a 1.38% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Oliver Tuszik sold 17,526 shares of the stock in a transaction that occurred 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 in the company, valued at $13,512,197.25. This represents a 8.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 82,965 shares of company stock worth $5,559,996. Company insiders own 0.01% of the company’s stock.

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.