Victrix Investment Advisors increased its holdings in Cisco Systems, Inc. (NASDAQ:CSCO – Free Report) by 3.6% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 62,935 shares of the network equipment provider’s stock after purchasing an additional 2,158 shares during the period. Cisco Systems makes up 1.9% of Victrix Investment Advisors’ investment portfolio, making the stock its 17th biggest holding. Victrix Investment Advisors’ holdings in Cisco Systems were worth $4,366,000 as of its most recent SEC filing.
Other institutional investors also recently bought and sold shares 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 period. Pacifica Partners Inc. raised its position in shares of Cisco Systems by 0.5% in the second quarter. Pacifica Partners Inc. now owns 34,060 shares of the network equipment provider’s stock valued at $2,338,000 after buying an additional 155 shares in the last quarter. Pacific Sage Partners LLC boosted its stake in shares of Cisco Systems by 0.9% in the second quarter. Pacific Sage Partners LLC now owns 16,746 shares of the network equipment provider’s stock valued at $1,162,000 after buying an additional 156 shares during the period. Ashton Thomas Securities LLC grew its position in Cisco Systems by 2.9% during the first quarter. Ashton Thomas Securities LLC now owns 5,654 shares of the network equipment provider’s stock worth $349,000 after buying an additional 159 shares in the last quarter. Finally, Central Valley Advisors LLC increased its stake in Cisco Systems by 2.6% during the 2nd quarter. Central Valley Advisors LLC now owns 6,303 shares of the network equipment provider’s stock worth $437,000 after acquiring an additional 159 shares during the period. 73.33% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
A number of research firms have recently weighed in on CSCO. 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. CICC Research started coverage on shares of Cisco Systems in a research report on Monday, July 14th. They set an “outperform” rating and a $78.00 price objective for the company. JPMorgan Chase & Co. increased their price objective on shares of Cisco Systems from $73.00 to $78.00 and gave the stock an “overweight” rating in a research note on Thursday, July 17th. Deutsche Bank Aktiengesellschaft upgraded shares of Cisco Systems from a “hold” rating to a “buy” rating and boosted their target price for the company from $65.00 to $73.00 in a research report on Monday, June 16th. Finally, Piper Sandler increased their price target on shares of Cisco Systems from $64.00 to $70.00 and gave the stock a “neutral” rating in a research report on Thursday, August 14th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $74.53.
Insider Buying and Selling
In other Cisco Systems news, EVP Deborah L. Stahlkopf sold 9,783 shares of the company’s stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $66.60, for a total value of $651,547.80. Following the completion of the transaction, the executive vice president directly owned 161,662 shares in the company, valued at approximately $10,766,689.20. This represents a 5.71% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Thimaya K. Subaiya sold 7,511 shares of Cisco Systems stock in a transaction on Wednesday, August 20th. The stock was sold at an average price of $66.84, for a total transaction of $502,035.24. Following the transaction, the executive vice president owned 161,467 shares in the company, valued at approximately $10,792,454.28. This trade represents a 4.44% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 82,965 shares of company stock valued at $5,559,996 over the last three months. Insiders own 0.01% of the company’s stock.
Cisco Systems Stock Performance
Shares of Cisco Systems stock opened at $68.42 on Wednesday. The company’s 50 day moving average price is $68.12 and its two-hundred day moving average price is $64.43. The firm has a market capitalization of $270.48 billion, a P/E ratio of 26.11, a P/E/G ratio of 2.85 and a beta of 0.99. Cisco Systems, Inc. has a fifty-two week low of $52.11 and a fifty-two week high of $72.55. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.00 and a quick ratio of 0.91.
Cisco Systems (NASDAQ:CSCO – Get Free Report) last announced its quarterly earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 EPS for the quarter, beating analysts’ consensus estimates of $0.98 by $0.01. The company had revenue of $14.67 billion during the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same period in the prior year, the company 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. On average, equities analysts forecast that Cisco Systems, Inc. will post 3.04 earnings per share for the current fiscal year.
Cisco Systems Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 22nd. Stockholders of record on Friday, October 3rd will be issued a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Friday, October 3rd. Cisco Systems’s payout ratio 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.
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