Farther Finance Advisors LLC Acquires 16,410 Shares of Cisco Systems, Inc. $CSCO

Farther Finance Advisors LLC increased its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 16.5% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 115,637 shares of the network equipment provider’s stock after purchasing an additional 16,410 shares during the period. Farther Finance Advisors LLC’s holdings in Cisco Systems were worth $7,912,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in CSCO. Brighton Jones LLC boosted its position in shares of Cisco Systems by 49.5% in the fourth quarter. Brighton Jones LLC now owns 74,187 shares of the network equipment provider’s stock valued at $4,392,000 after acquiring an additional 24,562 shares during the period. Revolve Wealth Partners LLC raised its stake in Cisco Systems by 37.0% during the 4th quarter. Revolve Wealth Partners LLC now owns 9,156 shares of the network equipment provider’s stock valued at $542,000 after purchasing an additional 2,474 shares during the last quarter. Full Sail Capital LLC acquired a new position in Cisco Systems during the 1st quarter valued at $203,000. PKS Advisory Services LLC boosted its holdings in Cisco Systems by 7.6% in the 1st quarter. PKS Advisory Services LLC now owns 10,301 shares of the network equipment provider’s stock valued at $636,000 after purchasing an additional 727 shares during the period. Finally, FORA Capital LLC acquired a new stake in Cisco Systems in the 1st quarter worth $17,303,000. Institutional investors and hedge funds own 73.33% of the company’s stock.

Insiders Place Their Bets

In related news, EVP Deborah L. Stahlkopf sold 164,584 shares of the stock in a transaction that occurred on Friday, November 14th. The stock was sold at an average price of $77.85, for a total transaction of $12,812,864.40. Following the sale, the executive vice president directly owned 196,738 shares in the company, valued at $15,316,053.30. This represents a 45.55% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Charles Robbins sold 281,860 shares of Cisco Systems stock in a transaction on Monday, November 17th. The shares were sold at an average price of $78.35, for a total value of $22,083,731.00. Following the completion of the transaction, the chief executive officer owned 820,887 shares of the company’s stock, valued at approximately $64,316,496.45. The trade was a 25.56% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 1,044,865 shares of company stock worth $81,397,635 over the last ninety days. 0.01% of the stock is owned by insiders.

Wall Street Analyst Weigh In

CSCO has been the subject of a number of research analyst reports. Citic Securities upped their price objective on shares of Cisco Systems from $75.00 to $90.00 in a research report on Monday, November 17th. Evercore ISI upped their price target on Cisco Systems from $74.00 to $80.00 and gave the company an “in-line” rating in a report on Thursday, November 13th. HSBC raised their price objective on Cisco Systems from $69.00 to $74.00 and gave the stock a “hold” rating in a research report on Friday, November 14th. Wall Street Zen cut Cisco Systems from a “buy” rating to a “hold” rating in a research report on Saturday, November 22nd. Finally, Morgan Stanley raised their target price on Cisco Systems from $82.00 to $91.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 17th. Seventeen equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $84.55.

Cisco Systems Price Performance

Shares of CSCO stock opened at $78.02 on Wednesday. The stock’s fifty day simple moving average is $74.99 and its 200 day simple moving average is $70.44. Cisco Systems, Inc. has a one year low of $52.11 and a one year high of $80.82. The firm has a market cap of $308.26 billion, a price-to-earnings ratio of 29.33, a P/E/G ratio of 2.95 and a beta of 0.87. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.93 and a quick ratio of 0.83.

Cisco Systems (NASDAQ:CSCO) last issued its quarterly earnings data 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 return on equity of 27.29% and a net margin of 18.38%.The company had revenue of $14.88 billion during the quarter, compared to analysts’ expectations of $14.77 billion. During the same period last year, the business earned $0.91 earnings per share. The business’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 and its Q2 2026 guidance at 1.010-1.030 EPS. On average, analysts expect that Cisco Systems, Inc. will post 3.04 earnings per share for the current fiscal year.

Cisco Systems Announces Dividend

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

Cisco Systems Company 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.