Vestmark Advisory Solutions Inc. Reduces Stake in Cisco Systems, Inc. $CSCO

Vestmark Advisory Solutions Inc. lessened its stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 40.7% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 67,133 shares of the network equipment provider’s stock after selling 46,060 shares during the period. Vestmark Advisory Solutions Inc.’s holdings in Cisco Systems were worth $4,658,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of the company. Postrock Partners LLC boosted its holdings in Cisco Systems by 4.5% in the 2nd quarter. Postrock Partners LLC now owns 3,480 shares of the network equipment provider’s stock valued at $241,000 after purchasing an additional 150 shares during the last quarter. Mount Vernon Associates Inc. MD raised its position in shares of Cisco Systems by 0.4% during the 2nd quarter. Mount Vernon Associates Inc. MD now owns 41,379 shares of the network equipment provider’s stock valued at $2,871,000 after buying an additional 150 shares during the period. Lion Street Advisors LLC raised its position in shares of Cisco Systems by 0.7% during the 2nd quarter. Lion Street Advisors LLC now owns 20,694 shares of the network equipment provider’s stock valued at $1,436,000 after buying an additional 152 shares during the period. Boyd Watterson Asset Management LLC OH lifted its holdings in Cisco Systems by 1.5% in the second quarter. Boyd Watterson Asset Management LLC OH now owns 10,445 shares of the network equipment provider’s stock valued at $725,000 after acquiring an additional 152 shares during the last quarter. Finally, Balboa Wealth Partners grew its position in Cisco Systems by 1.7% in the second quarter. Balboa Wealth Partners now owns 9,150 shares of the network equipment provider’s stock worth $635,000 after acquiring an additional 153 shares during the period. Hedge funds and other institutional investors own 73.33% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have commented on CSCO shares. Wells Fargo & Company lifted their target price on Cisco Systems from $75.00 to $83.00 and gave the company an “overweight” rating in a research report on Thursday, August 14th. Piper Sandler boosted their price objective on shares of Cisco Systems from $64.00 to $70.00 and gave the company a “neutral” rating in a report on Thursday, August 14th. UBS Group raised shares of Cisco Systems from a “neutral” rating to a “buy” rating and increased their target price for the stock from $74.00 to $88.00 in a research note on Monday, November 3rd. HSBC reissued a “hold” rating and issued a $69.00 target price on shares of Cisco Systems in a research report on Friday, August 15th. Finally, JPMorgan Chase & Co. upped their price target on Cisco Systems from $73.00 to $78.00 and gave the stock an “overweight” rating in a research note on Thursday, July 17th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat.com, Cisco Systems currently has an average rating of “Moderate Buy” and an average price target of $75.50.

Insider Buying and Selling

In other Cisco Systems news, CEO Charles Robbins sold 30,557 shares of the business’s stock in a transaction that occurred on 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 completion of the transaction, the chief executive officer owned 639,000 shares in the company, valued at $42,576,570. The trade was a 4.56% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Deborah L. Stahlkopf sold 9,783 shares of the firm’s stock in a transaction on Friday, August 15th. The shares were sold at an average price of $66.60, for a total transaction of $651,547.80. Following the completion of the sale, the executive vice president owned 161,662 shares in the company, valued at $10,766,689.20. The trade was a 5.71% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 82,965 shares of company stock valued at $5,559,996 over the last ninety days. 0.01% of the stock is currently owned by corporate insiders.

Cisco Systems Stock Up 0.0%

Shares of NASDAQ CSCO opened at $71.07 on Friday. The stock has a market cap of $280.07 billion, a P/E ratio of 27.13, a PEG ratio of 3.00 and a beta of 0.95. The business’s fifty day simple moving average is $69.19 and its 200-day simple moving average is $66.78. Cisco Systems, Inc. has a 12-month low of $52.11 and a 12-month high of $74.84. 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 (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, topping the consensus estimate of $0.98 by $0.01. The company had revenue of $14.67 billion for the quarter, compared to the consensus estimate of $14.63 billion. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.Cisco Systems’s revenue was up 7.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.87 EPS. Cisco Systems has set its Q1 2026 guidance at 0.970-0.990 EPS. FY 2026 guidance at 4.000-4.060 EPS. As a group, equities analysts predict that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.

Cisco Systems Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 22nd. Investors of record on Friday, October 3rd were issued a $0.41 dividend. The ex-dividend date of this dividend was Friday, October 3rd. This represents a $1.64 annualized dividend and a yield of 2.3%. Cisco Systems’s dividend payout ratio (DPR) is 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.