Trust Co of Kansas Makes New $224,000 Investment in Cisco Systems, Inc. $CSCO

Trust Co of Kansas acquired a new stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO) in the second quarter, HoldingsChannel reports. The institutional investor acquired 3,230 shares of the network equipment provider’s stock, valued at approximately $224,000.

A number of other large investors also recently modified their holdings of the company. Pandora Wealth Inc. purchased a new position in Cisco Systems during the first quarter valued at $31,000. Nova Wealth Management Inc. bought a new position in shares of Cisco Systems during the 1st quarter valued at about $31,000. Brown Shipley& Co Ltd purchased a new position in shares of Cisco Systems during the second quarter valued at about $32,000. Fairway Wealth LLC grew its position in shares of Cisco Systems by 224.7% during the first quarter. Fairway Wealth LLC now owns 578 shares of the network equipment provider’s stock valued at $36,000 after purchasing an additional 400 shares in the last quarter. Finally, Accent Capital Management LLC bought a new stake in shares of Cisco Systems in the first quarter worth about $36,000. Hedge funds and other institutional investors own 73.33% of the company’s stock.

Cisco Systems Stock Performance

Shares of NASDAQ:CSCO opened at $68.75 on Thursday. 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, Inc. has a 12 month low of $52.11 and a 12 month high of $72.55. The company has a market capitalization of $271.78 billion, a price-to-earnings ratio of 26.24, a PEG ratio of 2.88 and a beta of 0.97. The firm’s 50-day moving average is $68.12 and its 200 day moving average is $64.46.

Cisco Systems (NASDAQ:CSCO) last announced its quarterly earnings data 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. The business had revenue of $14.67 billion during the quarter, compared to the consensus estimate of $14.63 billion. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. The firm’s quarterly revenue was up 7.6% compared to the same quarter last year. During the same quarter last year, the firm earned $0.87 earnings per share. Cisco Systems has set its Q1 2026 guidance at 0.970-0.990 EPS. FY 2026 guidance at 4.000-4.060 EPS. Research analysts predict that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 22nd. Investors of record on Friday, October 3rd will be paid a $0.41 dividend. This represents a $1.64 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend is Friday, October 3rd. Cisco Systems’s dividend payout ratio (DPR) is currently 62.60%.

Insider Activity

In related news, EVP Deborah L. Stahlkopf sold 2,718 shares of Cisco Systems stock in a transaction that occurred on Thursday, September 11th. The shares were sold at an average price of $68.08, for a total transaction of $185,041.44. Following the transaction, the executive vice president directly owned 157,184 shares of the company’s stock, valued at $10,701,086.72. This trade represents a 1.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Charles Robbins sold 30,557 shares of Cisco Systems stock in a transaction on Friday, August 15th. The shares were sold at an average price of $66.63, for a total value of $2,036,012.91. Following the completion of the transaction, the chief executive officer owned 639,000 shares in the company, valued at $42,576,570. This represents a 4.56% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 82,965 shares of company stock valued at $5,559,996. Insiders own 0.01% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on CSCO. Wall Street Zen lowered Cisco Systems from a “strong-buy” rating to a “buy” rating in a research note on Saturday, July 12th. Rosenblatt Securities reiterated a “buy” rating and set a $87.00 target price on shares of Cisco Systems in a research report on Thursday, August 14th. Evercore ISI boosted their price target on shares of Cisco Systems from $72.00 to $74.00 and gave the stock an “in-line” rating in a research report on Thursday, August 14th. Morgan Stanley increased their price objective on shares of Cisco Systems from $67.00 to $70.00 and gave the company an “overweight” rating in a research report on Friday, July 18th. Finally, Barclays boosted their target price on shares of Cisco Systems from $66.00 to $71.00 and gave the stock an “equal weight” rating in a report on Thursday, August 14th. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Cisco Systems has a consensus rating of “Moderate Buy” and an average price target of $74.53.

Cisco Systems 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.