Albion Financial Group UT Raises Stock Position in Cisco Systems, Inc. $CSCO

Albion Financial Group UT grew its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 87.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 296,544 shares of the network equipment provider’s stock after buying an additional 138,460 shares during the quarter. Cisco Systems accounts for approximately 1.2% of Albion Financial Group UT’s holdings, making the stock its 24th biggest holding. Albion Financial Group UT’s holdings in Cisco Systems were worth $20,290,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in CSCO. Bare Financial Services Inc lifted its stake in shares of Cisco Systems by 531.0% in the 2nd quarter. Bare Financial Services Inc now owns 366 shares of the network equipment provider’s stock valued at $25,000 after purchasing an additional 308 shares during the last quarter. Legacy Investment Solutions LLC purchased a new stake in Cisco Systems during the 2nd quarter valued at $28,000. Lowe Wealth Advisors LLC lifted its position in Cisco Systems by 96.2% in the third quarter. Lowe Wealth Advisors LLC now owns 408 shares of the network equipment provider’s stock worth $28,000 after buying an additional 200 shares during the last quarter. Financial Connections Group Inc. boosted its stake in Cisco Systems by 89.4% during the second quarter. Financial Connections Group Inc. now owns 409 shares of the network equipment provider’s stock worth $28,000 after buying an additional 193 shares during the period. Finally, Brown Shipley& Co Ltd bought a new position in Cisco Systems during the second quarter valued at $32,000. Hedge funds and other institutional investors own 73.33% of the company’s stock.

Cisco Systems Price Performance

CSCO opened at $77.79 on Tuesday. The company has a current ratio of 0.93, a quick ratio of 0.83 and a debt-to-equity ratio of 0.46. The business’s fifty day simple moving average is $75.65 and its 200-day simple moving average is $70.80. The company has a market capitalization of $307.36 billion, a price-to-earnings ratio of 29.24, a PEG ratio of 2.96 and a beta of 0.87. Cisco Systems, Inc. has a 12-month low of $52.11 and a 12-month high of $80.82.

Cisco Systems (NASDAQ:CSCO) last released its quarterly earnings data on Wednesday, November 12th. The network equipment provider reported $1.00 earnings per share for the quarter, beating the consensus estimate of $0.98 by $0.02. The firm had revenue of $14.88 billion during the quarter, compared to the consensus estimate of $14.77 billion. Cisco Systems had a return on equity of 27.29% and a net margin of 18.38%.The firm’s quarterly revenue was up 7.5% on a year-over-year basis. During the same period in the previous year, the company posted $0.91 earnings per share. 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, equities research analysts anticipate that Cisco Systems, Inc. will post 3.04 earnings per share for the current fiscal year.

Cisco Systems Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of research firms recently commented on CSCO. Wells Fargo & Company lifted their price target on shares of Cisco Systems from $83.00 to $95.00 and gave the stock an “overweight” rating in a research note on Thursday, November 13th. Morgan Stanley boosted their target price on Cisco Systems from $82.00 to $91.00 and gave the company an “overweight” rating in a research report on Wednesday, December 17th. Erste Group Bank upgraded Cisco Systems from a “hold” rating to a “buy” rating in a report on Monday, November 10th. Bank of America raised their price target on Cisco Systems from $85.00 to $95.00 and gave the stock a “buy” rating in a research note on Thursday, November 13th. Finally, Melius Research upped their price objective on Cisco Systems from $84.00 to $100.00 and gave the company a “buy” rating in a research report on Thursday, November 13th. Seventeen research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat.com, Cisco Systems currently has an average rating of “Moderate Buy” and an average target price of $84.70.

Insider Buying and Selling

In related 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 completion of the sale, the chief executive officer directly owned 820,887 shares in the company, valued at $64,316,496.45. This represents a 25.56% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, Director Michael D. Capellas sold 16,150 shares of the firm’s stock in a transaction dated Thursday, December 18th. The shares were sold at an average price of $77.28, for a total value of $1,248,072.00. Following the sale, the director directly owned 157,218 shares in the company, valued at approximately $12,149,807.04. The trade was a 9.32% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,044,865 shares of company stock valued at $81,397,635 over the last ninety days. Company insiders own 0.01% of the company’s stock.

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.