Cisco Systems, Inc. $CSCO Shares Sold by Farmers & Merchants Investments Inc.

Farmers & Merchants Investments Inc. reduced its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCOFree Report) by 3.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 302,794 shares of the network equipment provider’s stock after selling 10,455 shares during the period. Farmers & Merchants Investments Inc.’s holdings in Cisco Systems were worth $20,717,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. Norges Bank acquired a new stake in Cisco Systems in the 2nd quarter worth approximately $3,816,825,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main raised its holdings 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 worth $1,553,645,000 after buying an additional 18,030,441 shares during the last quarter. Kingstone Capital Partners Texas LLC acquired a new stake in shares of Cisco Systems during the second quarter worth $904,542,000. Franklin Resources Inc. grew its holdings in shares of Cisco Systems by 46.2% during the second quarter. Franklin Resources Inc. now owns 40,836,858 shares of the network equipment provider’s stock valued at $2,833,261,000 after buying an additional 12,904,969 shares during the last quarter. Finally, Laurel Wealth Advisors LLC increased its position in shares of 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 acquiring an additional 6,711,004 shares during the period. Institutional investors and hedge funds own 73.33% of the company’s stock.

Insider Activity at Cisco Systems

In other news, EVP Thimaya K. Subaiya sold 56,038 shares of Cisco Systems stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $78.33, for a total value of $4,389,456.54. Following the sale, the executive vice president owned 179,780 shares in the company, valued at $14,082,167.40. This trade represents a 23.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Deborah L. Stahlkopf sold 164,584 shares of the business’s stock in a transaction dated 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 of the company’s stock, valued at $15,316,053.30. This represents a 45.55% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 1,044,865 shares of company stock valued at $81,397,635 in the last three months. Company insiders own 0.01% of the company’s stock.

Cisco Systems Trading Down 0.5%

Shares of Cisco Systems stock opened at $77.79 on Tuesday. The firm has a 50-day simple moving average of $75.65 and a two-hundred day simple moving average of $70.80. 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, Inc. has a fifty-two week low of $52.11 and a fifty-two week high of $80.82. The company has a market cap of $307.36 billion, a P/E ratio of 29.24, a price-to-earnings-growth ratio of 2.96 and a beta of 0.87.

Cisco Systems (NASDAQ:CSCOGet Free Report) last released 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. 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 quarter in the prior year, the firm posted $0.91 EPS. Cisco Systems’s quarterly revenue was up 7.5% compared to the same quarter last year. 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. As a group, equities analysts predict that Cisco Systems, Inc. will post 3.04 earnings per share for the current fiscal year.

Cisco Systems Announces Dividend

The business also recently declared 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. 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 payout ratio is presently 61.65%.

Analysts Set New Price Targets

CSCO has been the topic of several research analyst reports. Piper Sandler boosted their price target on Cisco Systems from $70.00 to $86.00 and gave the company a “neutral” rating in a research note on Thursday, November 13th. Melius Research increased their price target on shares of Cisco Systems from $84.00 to $100.00 and gave the stock a “buy” rating in a report on Thursday, November 13th. Erste Group Bank raised shares of Cisco Systems from a “hold” rating to a “buy” rating in a research report on Monday, November 10th. JPMorgan Chase & Co. increased their price objective on shares of Cisco Systems from $80.00 to $90.00 and gave the stock an “overweight” rating in a research note on Thursday, November 13th. Finally, UBS Group raised their target price on shares of Cisco Systems from $88.00 to $90.00 and gave the stock a “buy” rating in a report on Thursday, November 13th. Seventeen investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $84.70.

Get Our Latest Analysis on CSCO

About Cisco Systems

(Free Report)

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.

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Institutional Ownership by Quarter for Cisco Systems (NASDAQ:CSCO)

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