Cisco Systems, Inc. $CSCO Shares Sold by Arbor Trust Wealth Advisors LLC

Arbor Trust Wealth Advisors LLC trimmed its position in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 40.9% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,078 shares of the network equipment provider’s stock after selling 2,817 shares during the period. Arbor Trust Wealth Advisors LLC’s holdings in Cisco Systems were worth $283,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in CSCO. Zions Bancorporation National Association UT grew its stake in shares of Cisco Systems by 3.9% during the second quarter. Zions Bancorporation National Association UT now owns 11,775 shares of the network equipment provider’s stock valued at $817,000 after acquiring an additional 444 shares in the last quarter. Future Fund LLC lifted its stake in shares of Cisco Systems by 10.2% in the second quarter. Future Fund LLC now owns 18,334 shares of the network equipment provider’s stock worth $1,272,000 after acquiring an additional 1,703 shares in the last quarter. Summit Asset Management LLC boosted its holdings in Cisco Systems by 3.4% in the second quarter. Summit Asset Management LLC now owns 6,108 shares of the network equipment provider’s stock valued at $424,000 after purchasing an additional 200 shares during the last quarter. Midwest Trust Co acquired a new stake in Cisco Systems during the 2nd quarter valued at approximately $76,617,000. Finally, CSM Advisors LLC grew its stake in Cisco Systems by 888.2% during the 2nd quarter. CSM Advisors LLC now owns 600,531 shares of the network equipment provider’s stock valued at $41,667,000 after purchasing an additional 539,760 shares in the last quarter. Hedge funds and other institutional investors own 73.33% of the company’s stock.

Insider Transactions at Cisco Systems

In related news, EVP Oliver Tuszik sold 17,526 shares of the stock in a transaction that occurred on Friday, September 19th. The stock was sold at an average price of $67.95, for a total value of $1,190,891.70. Following the completion of the transaction, the executive vice president directly owned 198,855 shares of the company’s stock, valued at $13,512,197.25. This represents a 8.10% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Charles Robbins sold 30,557 shares of the firm’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 value of $2,036,012.91. Following the completion of the sale, the chief executive officer owned 639,000 shares in the company, valued at approximately $42,576,570. This represents a 4.56% 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 worth $5,559,996 in the last quarter. 0.01% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on CSCO shares. Hsbc Global Res lowered Cisco Systems from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 15th. HSBC restated a “hold” rating and issued a $69.00 price target on shares of Cisco Systems in a research note on Friday, August 15th. Wells Fargo & Company increased their price objective on shares of Cisco Systems from $75.00 to $83.00 and gave the company an “overweight” rating in a research note on Thursday, August 14th. Weiss Ratings reissued a “buy (b)” rating on shares of Cisco Systems in a report on Thursday, October 30th. Finally, JPMorgan Chase & Co. upped their target price on shares of Cisco Systems from $73.00 to $78.00 and gave the company 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 assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $75.50.

Cisco Systems Price Performance

Shares of CSCO opened at $71.07 on Friday. Cisco Systems, Inc. has a 12 month low of $52.11 and a 12 month high of $74.84. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.00 and a quick ratio of 0.91. The stock has a fifty day moving average price of $69.19 and a 200 day moving average price of $66.86. The company 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.

Cisco Systems (NASDAQ:CSCO) last posted its earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.98 by $0.01. The company had revenue of $14.67 billion for 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%.The firm’s quarterly revenue was up 7.6% compared to the same quarter last year. During the same period last year, the business posted $0.87 earnings per share. 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, research analysts forecast that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.

Cisco Systems Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 22nd. Shareholders of record on Friday, October 3rd were paid a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend was Friday, October 3rd. Cisco Systems’s payout ratio is presently 62.60%.

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.