Snider Financial Group Makes New Investment in Cisco Systems, Inc. $CSCO

Snider Financial Group bought a new position in shares of Cisco Systems, Inc. (NASDAQ:CSCO) in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund bought 3,015 shares of the network equipment provider’s stock, valued at approximately $209,000.

A number of other hedge funds have also modified their holdings of CSCO. Kingstone Capital Partners Texas LLC acquired a new stake in Cisco Systems in the second quarter worth $904,542,000. Goldman Sachs Group Inc. increased its position in shares of Cisco Systems by 37.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 46,973,293 shares of the network equipment provider’s stock valued at $2,898,722,000 after buying an additional 12,775,066 shares in the last quarter. Nuveen LLC acquired a new stake in Cisco Systems during the 1st quarter worth $750,495,000. Pacer Advisors Inc. lifted its holdings in Cisco Systems by 1,144.2% during the first quarter. Pacer Advisors Inc. now owns 8,120,886 shares of the network equipment provider’s stock worth $501,140,000 after acquiring an additional 7,468,212 shares in the last quarter. Finally, Acadian Asset Management LLC grew its stake in Cisco Systems by 255.9% in the first quarter. Acadian Asset Management LLC now owns 7,819,547 shares of the network equipment provider’s stock valued at $482,509,000 after acquiring an additional 5,622,672 shares during the period. 73.33% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Cisco Systems

In related news, 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 transaction, the executive vice president directly owned 198,855 shares of the company’s stock, valued at approximately $13,512,197.25. This represents a 8.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Maria Victoria Wong sold 428 shares of the business’s stock in a transaction that occurred on Thursday, September 11th. The stock was sold at an average price of $68.25, for a total value of $29,211.00. Following the transaction, the senior vice president directly owned 30,619 shares in the company, valued at $2,089,746.75. This trade represents a 1.38% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 82,965 shares of company stock valued at $5,559,996 in the last ninety days. Insiders own 0.01% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on CSCO shares. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Cisco Systems in a research report on Thursday. Wolfe Research initiated coverage on shares of Cisco Systems in a report on Tuesday, July 8th. They set a “peer perform” rating on the stock. Hsbc Global Res cut shares of Cisco Systems from a “strong-buy” rating to a “hold” rating in a report on Friday, August 15th. UBS Group raised their price objective on shares of Cisco Systems from $70.00 to $74.00 and gave the stock a “neutral” rating in a report on Tuesday, August 5th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Cisco Systems from $73.00 to $78.00 and gave the company an “overweight” rating in a research report on Thursday, July 17th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $74.72.

Cisco Systems Price Performance

NASDAQ CSCO opened at $73.11 on Monday. The firm’s 50 day moving average is $68.82 and its 200-day moving average is $66.34. The company has a quick ratio of 0.91, a current ratio of 1.00 and a debt-to-equity ratio of 0.49. The company has a market capitalization of $288.11 billion, a PE ratio of 27.90, a price-to-earnings-growth ratio of 3.00 and a beta of 0.97. Cisco Systems, Inc. has a 12-month low of $52.11 and a 12-month high of $73.48.

Cisco Systems (NASDAQ:CSCO) last released its earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $14.63 billion. During the same quarter last year, the firm earned $0.87 earnings per share. The firm’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. Equities research analysts anticipate that Cisco Systems, Inc. will post 3.04 earnings per share for the current fiscal year.

Cisco Systems Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 22nd. Investors of record on Friday, October 3rd were given a $0.41 dividend. The ex-dividend date of this dividend was Friday, October 3rd. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.2%. Cisco Systems’s payout ratio is currently 62.60%.

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.