Valley National Advisers Inc. Raises Holdings in Cisco Systems, Inc. $CSCO

Valley National Advisers Inc. lifted its position in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 1.3% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 13,456 shares of the network equipment provider’s stock after purchasing an additional 176 shares during the period. Valley National Advisers Inc.’s holdings in Cisco Systems were worth $933,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. Kingstone Capital Partners Texas LLC purchased a new stake in shares of Cisco Systems in the second quarter valued at about $904,542,000. Goldman Sachs Group Inc. increased its position in 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 acquiring an additional 12,775,066 shares during the period. Nuveen LLC purchased a new stake in Cisco Systems during the 1st quarter valued at approximately $750,495,000. Pacer Advisors Inc. lifted its position in Cisco Systems by 1,144.2% during the 1st 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 during the period. Finally, Acadian Asset Management LLC grew its stake in shares of Cisco Systems by 255.9% in the 1st quarter. Acadian Asset Management LLC now owns 7,819,547 shares of the network equipment provider’s stock valued at $482,509,000 after purchasing an additional 5,622,672 shares during the last quarter. 73.33% of the stock is owned by institutional investors and hedge funds.

Cisco Systems Stock Performance

Shares of CSCO opened at $67.92 on Monday. The company has a market capitalization of $268.50 billion, a price-to-earnings ratio of 25.92, a PEG ratio of 2.85 and a beta of 0.97. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.91 and a current ratio of 1.00. Cisco Systems, Inc. has a 1 year low of $52.11 and a 1 year high of $72.55. The company’s 50 day simple moving average is $68.10 and its 200 day simple moving average is $64.62.

Cisco Systems (NASDAQ:CSCO) last issued its quarterly earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share for the quarter, beating the consensus estimate of $0.98 by $0.01. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The company had revenue of $14.67 billion during the quarter, compared to the consensus estimate of $14.63 billion. During the same period in the previous year, the firm posted $0.87 EPS. Cisco Systems’s revenue was up 7.6% on a year-over-year basis. 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 predict that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Dividend Announcement

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

Analysts Set New Price Targets

CSCO has been the subject of several recent research reports. JPMorgan Chase & Co. increased their price target on Cisco Systems from $73.00 to $78.00 and gave the stock an “overweight” rating in a report on Thursday, July 17th. Wells Fargo & Company raised their target price on shares of Cisco Systems from $75.00 to $83.00 and gave the stock an “overweight” rating in a research note on Thursday, August 14th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $87.00 target price on shares of Cisco Systems in a report on Thursday, August 14th. Barclays increased their price target 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. Finally, Bank of America boosted their target price on Cisco Systems from $76.00 to $85.00 and gave the stock a “buy” rating in a research report on Thursday, August 14th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $74.53.

Insider Activity at Cisco Systems

In other news, CEO Charles Robbins sold 30,557 shares of the stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $66.63, for a total transaction of $2,036,012.91. Following the transaction, the chief executive officer directly owned 639,000 shares in the company, valued at $42,576,570. This represents a 4.56% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Jeetendra I. Patel sold 9,061 shares of the firm’s stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $66.60, for a total transaction of $603,462.60. Following the completion of the sale, the insider directly owned 237,405 shares in the company, valued at $15,811,173. This represents a 3.68% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 82,965 shares of company stock worth $5,559,996. Corporate insiders own 0.01% of the company’s stock.

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.