Westwood Holdings Group Inc. Grows Stock Holdings in Cisco Systems, Inc. $CSCO

Westwood Holdings Group Inc. grew its stake in Cisco Systems, Inc. (NASDAQ:CSCO) by 5.3% during the second quarter, Holdings Channel.com reports. The fund owned 228,963 shares of the network equipment provider’s stock after purchasing an additional 11,545 shares during the quarter. Westwood Holdings Group Inc.’s holdings in Cisco Systems were worth $15,885,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of CSCO. Postrock Partners LLC raised its position in Cisco Systems by 4.5% during 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 in the last quarter. Mount Vernon Associates Inc. MD increased its stake in shares of Cisco Systems by 0.4% during the second 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 holdings in shares of Cisco Systems by 0.7% in the second quarter. Lion Street Advisors LLC now owns 20,694 shares of the network equipment provider’s stock valued at $1,436,000 after acquiring an additional 152 shares in the last quarter. Boyd Watterson Asset Management LLC OH lifted its stake 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 worth $725,000 after acquiring an additional 152 shares during the period. Finally, Cordatus Wealth Management LLC grew its holdings in Cisco Systems by 0.4% during the 2nd quarter. Cordatus Wealth Management LLC now owns 36,370 shares of the network equipment provider’s stock worth $2,523,000 after acquiring an additional 152 shares in the last quarter. Hedge funds and other institutional investors own 73.33% of the company’s stock.

Insider Buying and Selling

In other Cisco Systems news, insider Jeetendra I. Patel sold 163,896 shares of the firm’s stock in a transaction on Friday, November 14th. The shares were sold at an average price of $77.86, for a total value of $12,760,942.56. Following the completion of the transaction, the insider owned 281,108 shares of the company’s stock, valued at approximately $21,887,068.88. This trade represents a 36.83% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Charles Robbins sold 116,734 shares of the business’s stock in a transaction on Tuesday, November 18th. The shares were sold at an average price of $77.30, for a total transaction of $9,023,538.20. Following the sale, the chief executive officer directly owned 704,153 shares in the company, valued at $54,431,026.90. This trade represents a 14.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 1,021,910 shares of company stock worth $79,463,804 over the last ninety days. Company insiders own 0.01% of the company’s stock.

Cisco Systems Stock Performance

Shares of CSCO opened at $77.80 on Monday. The company has a current ratio of 0.93, a quick ratio of 0.83 and a debt-to-equity ratio of 0.46. The firm has a market cap of $307.39 billion, a PE ratio of 29.25, a P/E/G ratio of 2.94 and a beta of 0.87. Cisco Systems, Inc. has a 12 month low of $52.11 and a 12 month high of $80.82. The stock has a fifty day moving average price of $73.77 and a 200-day moving average price of $69.77.

Cisco Systems (NASDAQ:CSCO) last announced its earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 earnings per share for the quarter, topping the consensus estimate of $0.98 by $0.02. Cisco Systems had a return on equity of 27.29% and a net margin of 18.38%.The firm had revenue of $14.88 billion for the quarter, compared to the consensus estimate of $14.77 billion. During the same period in the previous year, the business earned $0.91 EPS. The firm’s revenue for the quarter was up 7.5% on a year-over-year basis. Cisco Systems has set its FY 2026 guidance at 4.080-4.140 EPS and its Q2 2026 guidance at 1.010-1.030 EPS. Equities research analysts predict that Cisco Systems, Inc. will post 3.04 earnings per share for the current fiscal year.

Cisco Systems Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 21st. Investors of record on Friday, January 2nd will be given a $0.41 dividend. This represents a $1.64 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend is Friday, January 2nd. Cisco Systems’s dividend payout ratio (DPR) is presently 61.65%.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the stock. Wells Fargo & Company boosted their price target on shares of Cisco Systems from $83.00 to $95.00 and gave the company an “overweight” rating in a report on Thursday, November 13th. CICC Research boosted their price objective on shares of Cisco Systems from $78.00 to $84.00 and gave the stock an “outperform” rating in a research note on Friday, November 14th. Melius Research increased their target price on Cisco Systems from $84.00 to $100.00 and gave the company a “buy” rating in a research report on Thursday, November 13th. UBS Group lifted their price target on Cisco Systems from $88.00 to $90.00 and gave the company a “buy” rating in a report on Thursday, November 13th. Finally, Barclays upped their price objective on Cisco Systems from $71.00 to $76.00 and gave the stock an “equal weight” rating in a research note on Thursday, November 13th. Seventeen investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat.com, Cisco Systems presently has an average rating of “Moderate Buy” and a consensus target price of $84.14.

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.