Cisco Systems, Inc. $CSCO Shares Sold by Boston Research & Management Inc.

Boston Research & Management Inc. trimmed its stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 0.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 144,750 shares of the network equipment provider’s stock after selling 1,133 shares during the quarter. Cisco Systems accounts for 2.4% of Boston Research & Management Inc.’s portfolio, making the stock its 7th largest holding. Boston Research & Management Inc.’s holdings in Cisco Systems were worth $10,042,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of CSCO. Kingstone Capital Partners Texas LLC bought a new stake in Cisco Systems in the second quarter valued at $904,542,000. Franklin Resources Inc. boosted its stake in shares of Cisco Systems by 46.2% in the 2nd quarter. Franklin Resources Inc. now owns 40,836,858 shares of the network equipment provider’s stock valued at $2,833,261,000 after purchasing an additional 12,904,969 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of Cisco Systems by 37.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 46,973,293 shares of the network equipment provider’s stock worth $2,898,722,000 after purchasing an additional 12,775,066 shares during the last quarter. Nuveen LLC bought a new position in Cisco Systems during the 1st quarter valued at about $750,495,000. Finally, Acadian Asset Management LLC boosted its position in Cisco Systems by 255.9% in the first quarter. Acadian Asset Management LLC now owns 7,819,547 shares of the network equipment provider’s stock valued at $482,509,000 after buying an additional 5,622,672 shares in the last quarter. 73.33% of the stock is owned by institutional investors and hedge funds.

Cisco Systems Trading Up 0.9%

Shares of CSCO opened at $76.10 on Friday. The stock’s fifty day simple moving average is $70.84 and its 200-day simple moving average is $68.13. The firm has a market capitalization of $300.68 billion, a PE ratio of 29.05, a price-to-earnings-growth ratio of 3.00 and a beta of 0.95. Cisco Systems, Inc. has a 12-month low of $52.11 and a 12-month high of $80.06. The company has a quick ratio of 0.91, a current ratio of 1.00 and a debt-to-equity ratio of 0.49.

Cisco Systems (NASDAQ:CSCO) last announced its quarterly earnings data on Wednesday, November 12th. The network equipment provider reported $1.00 EPS for the quarter, topping analysts’ consensus estimates of $0.98 by $0.02. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The firm had revenue of $14.88 billion during the quarter, compared to analyst estimates of $14.77 billion. During the same period last year, the company earned $0.91 earnings per share. The company’s revenue was up 7.5% on a year-over-year basis. Cisco Systems has set its FY 2026 guidance at 4.080-4.140 EPS. Q2 2026 guidance at 1.010-1.030 EPS. As a group, research analysts predict that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.

Cisco Systems Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 21st. Shareholders of record on Friday, January 2nd will be paid a $0.41 dividend. The ex-dividend date of this dividend is Friday, January 2nd. This represents a $1.64 dividend on an annualized basis and a yield of 2.2%. Cisco Systems’s dividend payout ratio (DPR) is presently 61.65%.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. Erste Group Bank raised shares of Cisco Systems from a “hold” rating to a “buy” rating in a report on Monday, November 10th. Argus lifted their price objective on Cisco Systems from $80.00 to $100.00 in a research report on Thursday, November 13th. Rosenblatt Securities increased their target price on Cisco Systems from $87.00 to $100.00 and gave the stock a “buy” rating in a report on Thursday, November 13th. KeyCorp raised their target price on Cisco Systems from $77.00 to $87.00 and gave the company an “overweight” rating in a research note on Thursday, November 13th. Finally, CICC Research upped their price target on shares of Cisco Systems from $78.00 to $84.00 and gave the stock an “outperform” rating in a research report on Friday, November 14th. Seventeen analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $84.14.

Insider Activity at Cisco Systems

In related news, insider Jeetendra I. Patel sold 163,896 shares of the company’s stock in a transaction dated Friday, November 14th. The stock was sold at an average price of $77.86, for a total value of $12,760,942.56. Following the completion of the sale, the insider owned 281,108 shares in the company, valued at approximately $21,887,068.88. This represents a 36.83% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP Oliver Tuszik sold 5,425 shares of the stock in a transaction dated Friday, November 14th. The shares were sold at an average price of $76.56, for a total value of $415,338.00. Following the completion of the transaction, the executive vice president directly owned 210,408 shares in the company, valued at $16,108,836.48. The trade was a 2.51% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 1,017,988 shares of company stock worth $79,085,621. 0.01% of the stock is owned by company insiders.

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.