PBMares Wealth Management LLC Has $438,000 Stake in Cisco Systems, Inc. $CSCO

PBMares Wealth Management LLC increased its stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 4.8% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 6,313 shares of the network equipment provider’s stock after acquiring an additional 287 shares during the period. PBMares Wealth Management LLC’s holdings in Cisco Systems were worth $438,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Pandora Wealth Inc. acquired a new stake in Cisco Systems in the 1st quarter valued at approximately $31,000. Nova Wealth Management Inc. acquired a new stake in Cisco Systems in the 1st quarter valued at approximately $31,000. Fairway Wealth LLC grew its holdings in Cisco Systems by 224.7% in the 1st quarter. Fairway Wealth LLC now owns 578 shares of the network equipment provider’s stock valued at $36,000 after buying an additional 400 shares during the last quarter. Accent Capital Management LLC acquired a new stake in Cisco Systems in the 1st quarter valued at approximately $36,000. Finally, Investment Management Corp VA ADV grew its holdings in Cisco Systems by 145.3% in the 1st quarter. Investment Management Corp VA ADV now owns 596 shares of the network equipment provider’s stock valued at $37,000 after buying an additional 353 shares during the last quarter. Institutional investors and hedge funds own 73.33% of the company’s stock.

Cisco Systems Price Performance

Cisco Systems stock opened at $68.42 on Wednesday. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.00 and a quick ratio of 0.91. The company has a market capitalization of $270.48 billion, a PE ratio of 26.11, a price-to-earnings-growth ratio of 2.85 and a beta of 0.99. Cisco Systems, Inc. has a one year low of $52.11 and a one year high of $72.55. The business has a 50 day simple moving average of $68.12 and a 200 day simple moving average of $64.43.

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. The business had revenue of $14.67 billion during the quarter, compared to the consensus estimate of $14.63 billion. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.Cisco Systems’s revenue was up 7.6% on a year-over-year basis. During the same quarter last year, the company 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. On average, sell-side analysts forecast 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, October 22nd. Investors of record on Friday, October 3rd will be given a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Friday, October 3rd. Cisco Systems’s dividend payout ratio (DPR) is 62.60%.

Insider Buying and Selling at Cisco Systems

In related news, EVP Oliver Tuszik sold 17,526 shares of the firm’s 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 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Jeetendra I. Patel sold 9,061 shares of Cisco Systems stock in a transaction on Friday, August 15th. The shares were sold at an average price of $66.60, for a total value of $603,462.60. Following the completion of the transaction, the insider owned 237,405 shares of the company’s stock, valued at approximately $15,811,173. The trade was a 3.68% 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 over the last three months. 0.01% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of analysts have issued reports on the company. Piper Sandler raised their target price on Cisco Systems from $64.00 to $70.00 and gave the company a “neutral” rating in a report on Thursday, August 14th. Hsbc Global Res lowered Cisco Systems from a “strong-buy” rating to a “hold” rating in a report on Friday, August 15th. KeyCorp initiated coverage on Cisco Systems in a report on Thursday, June 26th. They set an “overweight” rating and a $77.00 price objective on the stock. Rosenblatt Securities reissued a “buy” rating and set a $87.00 price objective on shares of Cisco Systems in a report on Thursday, August 14th. Finally, Wells Fargo & Company lifted their price objective on Cisco Systems from $75.00 to $83.00 and gave the stock an “overweight” rating in a report on Thursday, August 14th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and ten have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Cisco Systems has an average rating of “Moderate Buy” and a consensus target price of $74.53.

Cisco Systems Company 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.