Richard W. Paul & Associates LLC Sells 4,200 Shares of Cisco Systems, Inc. $CSCO

Richard W. Paul & Associates LLC reduced its holdings in Cisco Systems, Inc. (NASDAQ:CSCO) by 25.8% in the 2nd quarter, HoldingsChannel reports. The fund owned 12,049 shares of the network equipment provider’s stock after selling 4,200 shares during the period. Richard W. Paul & Associates LLC’s holdings in Cisco Systems were worth $836,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. Tableaux LLC acquired a new stake in Cisco Systems in the second quarter valued at $3,286,000. Bahl & Gaynor Inc. lifted its holdings in Cisco Systems by 13.0% during the 2nd quarter. Bahl & Gaynor Inc. now owns 2,411,327 shares of the network equipment provider’s stock worth $167,298,000 after buying an additional 276,540 shares during the period. Stevens Capital Management LP bought a new stake in shares of Cisco Systems in the 2nd quarter valued at about $1,489,000. CenterBook Partners LP acquired a new stake in shares of Cisco Systems in the second quarter valued at about $2,125,000. Finally, Mufg Securities Americas Inc. raised its position in shares of Cisco Systems by 25.1% during the second quarter. Mufg Securities Americas Inc. now owns 88,170 shares of the network equipment provider’s stock worth $6,117,000 after acquiring an additional 17,669 shares during the last quarter. Institutional investors and hedge funds own 73.33% of the company’s stock.

Cisco Systems Stock Performance

NASDAQ:CSCO opened at $76.10 on Friday. 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, Inc. has a twelve month low of $52.11 and a twelve month high of $80.06. The company has a fifty day moving average of $70.84 and a 200-day moving average of $68.07. The firm has a market capitalization of $300.68 billion, a P/E ratio of 29.05, a P/E/G ratio of 3.00 and a beta of 0.95.

Cisco Systems (NASDAQ:CSCO) last issued its earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.98 by $0.02. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. The business had revenue of $14.88 billion for the quarter, compared to analyst estimates of $14.77 billion. During the same period in the prior year, the firm earned $0.91 earnings per share. Cisco Systems’s revenue was up 7.5% on a year-over-year basis. Cisco Systems has set its FY 2026 guidance at 4.080-4.140 EPS. Q2 2026 guidance at 1.010-1.030 EPS. As a group, sell-side analysts anticipate that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 21st. Stockholders of record on Friday, January 2nd will be paid a $0.41 dividend. The ex-dividend date is Friday, January 2nd. This represents a $1.64 annualized dividend and a dividend yield of 2.2%. Cisco Systems’s dividend payout ratio (DPR) is currently 61.65%.

Insiders Place Their Bets

In related news, EVP Thimaya K. Subaiya sold 56,038 shares of the company’s stock in a transaction that occurred on Wednesday, November 19th. The stock was sold at an average price of $78.33, for a total transaction of $4,389,456.54. Following the transaction, the executive vice president directly owned 179,780 shares of the company’s stock, valued at approximately $14,082,167.40. This represents a 23.76% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Deborah L. Stahlkopf sold 164,584 shares of the firm’s stock in a transaction that occurred on Friday, November 14th. The shares were sold at an average price of $77.85, for a total value of $12,812,864.40. Following the completion of the sale, the executive vice president directly owned 196,738 shares of the company’s stock, valued at $15,316,053.30. This trade represents a 45.55% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,017,988 shares of company stock worth $79,085,621 over the last three months. Insiders own 0.01% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently commented on CSCO shares. Melius Research upped their target price on Cisco Systems from $84.00 to $100.00 and gave the company a “buy” rating in a report on Thursday, November 13th. Argus boosted their price target on shares of Cisco Systems from $80.00 to $100.00 in a research report on Thursday, November 13th. Wall Street Zen cut shares of Cisco Systems from a “buy” rating to a “hold” rating in a research report on Saturday. Rosenblatt Securities lifted their target price on shares of Cisco Systems from $87.00 to $100.00 and gave the stock a “buy” rating in a research note on Thursday, November 13th. Finally, Piper Sandler boosted their target price on shares of Cisco Systems from $70.00 to $86.00 and gave the company a “neutral” rating in a report on Thursday, November 13th. Seventeen investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $84.14.

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.