Brown Advisory Inc. Sells 27,864 Shares of Cisco Systems, Inc. $CSCO

Brown Advisory Inc. lessened its position in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 2.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,024,580 shares of the network equipment provider’s stock after selling 27,864 shares during the quarter. Brown Advisory Inc.’s holdings in Cisco Systems were worth $71,085,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. SCS Capital Management LLC increased its holdings in Cisco Systems by 31.2% in the 2nd quarter. SCS Capital Management LLC now owns 34,807 shares of the network equipment provider’s stock valued at $2,415,000 after buying an additional 8,270 shares during the period. M Holdings Securities Inc. lifted its holdings in shares of Cisco Systems by 38.3% during the 2nd quarter. M Holdings Securities Inc. now owns 41,025 shares of the network equipment provider’s stock worth $2,835,000 after acquiring an additional 11,368 shares during the period. Marshall Wace LLP boosted its position in shares of Cisco Systems by 118.1% during the 2nd quarter. Marshall Wace LLP now owns 90,650 shares of the network equipment provider’s stock valued at $6,289,000 after acquiring an additional 590,650 shares in the last quarter. GeoWealth Management LLC increased its stake in Cisco Systems by 3.3% in the second quarter. GeoWealth Management LLC now owns 27,630 shares of the network equipment provider’s stock valued at $1,917,000 after acquiring an additional 883 shares during the period. Finally, Allium Financial Advisors LLC raised its position in Cisco Systems by 161.0% in the second quarter. Allium Financial Advisors LLC now owns 10,809 shares of the network equipment provider’s stock worth $750,000 after purchasing an additional 6,668 shares in the last quarter. 73.33% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

CSCO has been the topic of a number of recent research reports. Bank of America lifted their price objective on Cisco Systems from $85.00 to $95.00 and gave the company a “buy” rating in a report on Thursday, November 13th. Erste Group Bank upgraded Cisco Systems from a “hold” rating to a “buy” rating in a research report on Monday, November 10th. Weiss Ratings reiterated a “buy (b)” rating on shares of Cisco Systems in a research report on Thursday, October 30th. Hsbc Global Res lowered Cisco Systems from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 15th. Finally, HSBC boosted their target price on shares of Cisco Systems from $69.00 to $74.00 and gave the company a “hold” rating in a research note on Friday, November 14th. Seventeen analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $84.14.

Insider Buying and Selling

In other Cisco Systems news, CEO Charles Robbins sold 281,860 shares of the company’s stock in a transaction on Monday, November 17th. The stock was sold at an average price of $78.35, for a total transaction of $22,083,731.00. Following the transaction, the chief executive officer owned 820,887 shares of the company’s stock, valued at approximately $64,316,496.45. This represents a 25.56% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Oliver Tuszik sold 17,526 shares of Cisco Systems stock in a transaction on Friday, September 19th. The shares were sold at an average price of $67.95, for a total value of $1,190,891.70. Following the completion of the sale, the executive vice president directly owned 198,855 shares of the company’s stock, valued at $13,512,197.25. This trade represents a 8.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 1,024,627 shares of company stock valued at $79,621,482. Insiders own 0.01% of the company’s stock.

Cisco Systems Trading Up 0.3%

Shares of CSCO opened at $77.97 on Friday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.83 and a current ratio of 0.93. The company has a market cap of $308.07 billion, a price-to-earnings ratio of 29.31, a PEG ratio of 2.95 and a beta of 0.87. The stock has a fifty day moving average price of $72.68 and a two-hundred day moving average price of $69.13. Cisco Systems, Inc. has a 52-week low of $52.11 and a 52-week high of $80.06.

Cisco Systems (NASDAQ:CSCO) last announced its earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 EPS 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 company had revenue of $14.88 billion for the quarter, compared to analysts’ expectations of $14.77 billion. During the same quarter in the prior year, the business earned $0.91 earnings per share. The business’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. Analysts predict that Cisco Systems, Inc. will post 3.04 EPS 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. Shareholders of record on Friday, January 2nd will be given a $0.41 dividend. This represents a $1.64 annualized dividend and a yield of 2.1%. The ex-dividend date is Friday, January 2nd. Cisco Systems’s dividend payout ratio (DPR) is presently 61.65%.

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.