Stableford Capital II LLC purchased a new stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO – Free Report) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund purchased 7,740 shares of the network equipment provider’s stock, valued at approximately $909,000.
A number of other large investors also recently modified their holdings of the company. Somerset Trust Co lifted its stake in shares of Cisco Systems by 1.4% in the 2nd quarter. Somerset Trust Co now owns 110,671 shares of the network equipment provider’s stock valued at $12,999,000 after acquiring an additional 1,536 shares during the last quarter. Dogwood Wealth Management LLC lifted its holdings in shares of Cisco Systems by 3.9% during the second quarter. Dogwood Wealth Management LLC now owns 2,413 shares of the network equipment provider’s stock worth $283,000 after purchasing an additional 90 shares during the period. Cedar Mountain Advisors LLC lifted its holdings in shares of Cisco Systems by 68.1% during the second quarter. Cedar Mountain Advisors LLC now owns 1,479 shares of the network equipment provider’s stock worth $174,000 after purchasing an additional 599 shares during the period. Adelphi Trust Co grew its stake in shares of Cisco Systems by 8.1% in the second quarter. Adelphi Trust Co now owns 14,612 shares of the network equipment provider’s stock worth $1,716,000 after purchasing an additional 1,093 shares during the last quarter. Finally, Eastern Bank grew its position in shares of Cisco Systems by 3.3% in the 2nd quarter. Eastern Bank now owns 35,677 shares of the network equipment provider’s stock valued at $4,191,000 after buying an additional 1,144 shares during the last quarter. 73.33% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
A number of research analysts have recently issued reports on the stock. UBS Group boosted their price target on shares of Cisco Systems from $95.00 to $132.00 and gave the stock a “buy” rating in a research report on Thursday, May 14th. The Goldman Sachs Group upped their price target on shares of Cisco Systems from $116.00 to $125.00 and gave the company a “neutral” rating in a research report on Wednesday, June 3rd. Zacks Research upgraded Cisco Systems from a “hold” rating to a “strong-buy” rating in a report on Tuesday, June 30th. HSBC raised shares of Cisco Systems from a “hold” rating to a “buy” rating and raised their price objective for the stock from $77.00 to $137.00 in a research report on Friday, May 15th. Finally, Citic Securities raised their price target on shares of Cisco Systems from $90.00 to $130.00 in a report on Friday, May 15th. Three investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $123.14.
Cisco Systems Stock Performance
Shares of CSCO opened at $115.86 on Tuesday. The firm has a market capitalization of $456.66 billion, a P/E ratio of 37.62, a P/E/G ratio of 2.95 and a beta of 1.02. The stock has a 50 day moving average price of $117.57 and a two-hundred day moving average price of $96.39. Cisco Systems, Inc. has a 52 week low of $65.75 and a 52 week high of $130.37. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.81 and a current ratio of 0.92.
Cisco Systems (NASDAQ:CSCO – Get Free Report) last issued its quarterly earnings data on Wednesday, May 13th. The network equipment provider reported $1.06 earnings per share for the quarter, beating the consensus estimate of $1.03 by $0.03. Cisco Systems had a return on equity of 28.44% and a net margin of 20.14%.The business had revenue of $15.84 billion for the quarter, compared to analysts’ expectations of $15.56 billion. During the same period last year, the business earned $0.96 EPS. The business’s revenue was up 12.0% on a year-over-year basis. Cisco Systems has set its Q4 2026 guidance at 1.160-1.180 EPS and its FY 2026 guidance at 4.270-4.290 EPS. Equities analysts forecast that Cisco Systems, Inc. will post 3.54 earnings per share for the current fiscal year.
Cisco Systems Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 22nd. Investors of record on Monday, July 6th were given a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend was Monday, July 6th. Cisco Systems’s dividend payout ratio (DPR) is presently 54.55%.
Insider Buying and Selling
In related news, EVP Thimaya K. Subaiya sold 7,127 shares of Cisco Systems stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $119.91, for a total value of $854,598.57. Following the sale, the executive vice president owned 140,857 shares of the company’s stock, valued at approximately $16,890,162.87. The trade was a 4.82% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Deborah L. Stahlkopf sold 6,586 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $117.31, for a total value of $772,603.66. Following the completion of the transaction, the executive vice president owned 177,223 shares in the company, valued at approximately $20,790,030.13. The trade was a 3.58% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 47,650 shares of company stock worth $5,668,823 in the last ninety days. Corporate insiders own 0.01% of the company’s stock.
About Cisco Systems
Cisco Systems, Inc is a global technology company that designs, manufactures and sells networking hardware, software and telecommunications equipment. Its core business focuses on enabling enterprise and service-provider networks through products such as routers, switches, network security appliances and wireless systems. Over time Cisco has broadened its portfolio to emphasize software-defined networking, cybersecurity, cloud infrastructure and edge computing solutions that help organizations build and manage modern IT environments.
In addition to hardware, Cisco offers a growing range of software platforms and subscription services for network management, security, analytics and collaboration.
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