Xcel Wealth Management LLC Makes New $708,000 Investment in Cisco Systems, Inc. $CSCO

Xcel Wealth Management LLC purchased a new stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 10,348 shares of the network equipment provider’s stock, valued at approximately $708,000.

Several other institutional investors have also recently bought and sold shares of the stock. Avantax Advisory Services Inc. raised its holdings in Cisco Systems by 1.1% during the 2nd quarter. Avantax Advisory Services Inc. now owns 420,336 shares of the network equipment provider’s stock worth $29,163,000 after buying an additional 4,525 shares during the period. Greystone Financial Group LLC bought a new stake in shares of Cisco Systems during the third quarter worth $8,563,000. Drive Wealth Management LLC raised its holdings in shares of Cisco Systems by 2.7% during the second quarter. Drive Wealth Management LLC now owns 16,605 shares of the network equipment provider’s stock worth $1,152,000 after acquiring an additional 436 shares during the period. CX Institutional lifted its position in Cisco Systems by 11.0% in the 3rd quarter. CX Institutional now owns 144,336 shares of the network equipment provider’s stock valued at $9,875,000 after acquiring an additional 14,334 shares in the last quarter. Finally, Shell Asset Management Co. boosted its stake in Cisco Systems by 53.3% in the 2nd quarter. Shell Asset Management Co. now owns 77,234 shares of the network equipment provider’s stock worth $5,358,000 after purchasing an additional 26,840 shares during the period. Institutional investors own 73.33% of the company’s stock.

Cisco Systems Stock Performance

NASDAQ CSCO opened at $75.19 on Monday. The firm’s fifty day moving average price is $76.66 and its two-hundred day moving average price is $71.61. Cisco Systems, Inc. has a 1 year low of $52.11 and a 1 year high of $80.82. The firm has a market capitalization of $297.08 billion, a P/E ratio of 28.27, a price-to-earnings-growth ratio of 2.84 and a beta of 0.87. The company has a current ratio of 0.93, a quick ratio of 0.83 and a debt-to-equity ratio of 0.46.

Cisco Systems (NASDAQ:CSCO) last issued its earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.98 by $0.02. Cisco Systems had a net margin of 18.38% and a return on equity of 27.29%. The company had revenue of $14.88 billion for the quarter, compared to analysts’ expectations of $14.77 billion. During the same period in the prior year, the firm earned $0.91 EPS. Cisco Systems’s quarterly revenue was up 7.5% compared to the same quarter last year. 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. As a group, research analysts anticipate 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, January 21st. Investors of record on Friday, January 2nd will be paid a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date is Friday, January 2nd. Cisco Systems’s dividend payout ratio is 61.65%.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. Wells Fargo & Company lifted their price target on Cisco Systems from $83.00 to $95.00 and gave the company an “overweight” rating in a research note on Thursday, November 13th. JPMorgan Chase & Co. upped their price target on Cisco Systems from $80.00 to $90.00 and gave the stock an “overweight” rating in a research report on Thursday, November 13th. Barclays boosted their price objective on shares of Cisco Systems from $71.00 to $76.00 and gave the stock an “equal weight” rating in a research report on Thursday, November 13th. KeyCorp lifted their price target on shares of Cisco Systems from $77.00 to $87.00 and gave the company an “overweight” rating in a research note on Thursday, November 13th. Finally, Melius Research increased their price objective on shares of Cisco Systems from $84.00 to $100.00 and gave the stock a “buy” rating in a research note on Thursday, November 13th. Sixteen equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $85.23.

Insider Buying and Selling at Cisco Systems

In other news, CEO Charles Robbins sold 116,734 shares of the stock in a transaction dated Tuesday, November 18th. The shares were sold at an average price of $77.30, for a total value of $9,023,538.20. Following the transaction, the chief executive officer directly owned 704,153 shares of the company’s stock, valued at $54,431,026.90. This represents a 14.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Maria Victoria Wong sold 428 shares of Cisco Systems stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $80.33, for a total transaction of $34,381.24. Following the sale, the senior vice president directly owned 32,176 shares of the company’s stock, valued at $2,584,698.08. The trade was a 1.31% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 1,044,865 shares of company stock worth $81,397,635. 0.01% of the stock is currently owned by corporate insiders.

Cisco Systems Profile

Cisco Systems, Inc is a global technology company that designs, manufactures and sells networking hardware, software and telecommunications equipment. Its core business focuses on enabling enterprise and service-provider networks through products such as routers, switches, network security appliances and wireless systems. Over time Cisco has broadened its portfolio to emphasize software-defined networking, cybersecurity, cloud infrastructure and edge computing solutions that help organizations build and manage modern IT environments.

In addition to hardware, Cisco offers a growing range of software platforms and subscription services for network management, security, analytics and collaboration.