Cisco Systems, Inc. $CSCO Shares Bought by American Financial & Tax Strategies Inc.

American Financial & Tax Strategies Inc. grew its position in Cisco Systems, Inc. (NASDAQ:CSCO) by 149.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,980 shares of the network equipment provider’s stock after buying an additional 12,586 shares during the quarter. American Financial & Tax Strategies Inc.’s holdings in Cisco Systems were worth $1,435,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in CSCO. Norges Bank acquired a new position in Cisco Systems during the second quarter worth about $3,816,825,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its position in shares of Cisco Systems by 413.3% in the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 22,393,371 shares of the network equipment provider’s stock valued at $1,553,645,000 after purchasing an additional 18,030,441 shares during the last quarter. Kingstone Capital Partners Texas LLC purchased a new position in shares of Cisco Systems during the 2nd quarter worth approximately $904,542,000. Franklin Resources Inc. raised its position in shares of Cisco Systems by 46.2% during the 2nd quarter. Franklin Resources Inc. now owns 40,836,858 shares of the network equipment provider’s stock worth $2,833,261,000 after purchasing an additional 12,904,969 shares during the last quarter. Finally, Laurel Wealth Advisors LLC lifted its stake in Cisco Systems by 6,778.2% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 6,810,012 shares of the network equipment provider’s stock valued at $472,479,000 after buying an additional 6,711,004 shares in the last quarter. 73.33% of the stock is currently owned by hedge funds and other institutional investors.

Cisco Systems Price Performance

Cisco Systems stock opened at $77.79 on Tuesday. Cisco Systems, Inc. has a 1 year low of $52.11 and a 1 year high of $80.82. The firm has a 50 day moving average price of $75.65 and a 200 day moving average price of $70.80. The company has a market cap of $307.36 billion, a price-to-earnings ratio of 29.24, a PEG ratio of 2.96 and a beta of 0.87. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.83 and a current ratio of 0.93.

Cisco Systems (NASDAQ:CSCO) last posted its quarterly earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 earnings per share for the quarter, topping analysts’ consensus estimates of $0.98 by $0.02. The company had revenue of $14.88 billion for the quarter, compared to the consensus estimate of $14.77 billion. Cisco Systems had a net margin of 18.38% and a return on equity of 27.29%. Cisco Systems’s revenue was up 7.5% on a year-over-year basis. During the same quarter last year, the firm 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. Sell-side analysts predict 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 will be paid on Wednesday, January 21st. Investors of record on Friday, January 2nd will be issued a $0.41 dividend. The ex-dividend date is Friday, January 2nd. This represents a $1.64 dividend on an annualized basis and a yield of 2.1%. Cisco Systems’s dividend payout ratio (DPR) is presently 61.65%.

Insider Activity

In other news, SVP Maria Victoria Wong sold 428 shares of the business’s stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $80.33, for a total transaction of $34,381.24. Following the completion of the sale, the senior vice president owned 32,176 shares in the company, valued at approximately $2,584,698.08. The trade was a 1.31% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Thimaya K. Subaiya sold 1,745 shares of the stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $79.46, for a total transaction of $138,657.70. Following the sale, the executive vice president directly owned 176,319 shares of the company’s stock, valued at approximately $14,010,307.74. This trade represents a 0.98% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,044,865 shares of company stock valued at $81,397,635 in the last 90 days. 0.01% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on CSCO. Erste Group Bank raised 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. Wall Street Zen downgraded shares of Cisco Systems from a “buy” rating to a “hold” rating in a research note on Saturday, November 22nd. Barclays raised their price target on shares of Cisco Systems from $71.00 to $76.00 and gave the stock an “equal weight” rating in a research note on Thursday, November 13th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Cisco Systems from $80.00 to $90.00 and gave the stock an “overweight” rating in a report on Thursday, November 13th. Seventeen research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to MarketBeat, Cisco Systems currently has an average rating of “Moderate Buy” and an average target price of $84.70.

Cisco Systems 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.