32,482 Shares in Cisco Systems, Inc. $CSCO Bought by Davis Capital Management

Davis Capital Management acquired a new stake in Cisco Systems, Inc. (NASDAQ:CSCO) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 32,482 shares of the network equipment provider’s stock, valued at approximately $2,222,000. Cisco Systems accounts for approximately 1.5% of Davis Capital Management’s investment portfolio, making the stock its 16th biggest position.

A number of other hedge funds also recently made changes to their positions in the business. Postrock Partners LLC increased its holdings in Cisco Systems by 4.5% during the second quarter. Postrock Partners LLC now owns 3,480 shares of the network equipment provider’s stock worth $241,000 after buying an additional 150 shares during the last quarter. Mount Vernon Associates Inc. MD increased its stake in shares of Cisco Systems by 0.4% during the 2nd quarter. Mount Vernon Associates Inc. MD now owns 41,379 shares of the network equipment provider’s stock worth $2,871,000 after purchasing an additional 150 shares during the last quarter. Wynn Capital LLC raised its holdings in shares of Cisco Systems by 0.3% in the 3rd quarter. Wynn Capital LLC now owns 48,456 shares of the network equipment provider’s stock worth $3,315,000 after purchasing an additional 150 shares during the period. Old North State Trust LLC lifted its stake in Cisco Systems by 0.6% in the second quarter. Old North State Trust LLC now owns 24,534 shares of the network equipment provider’s stock valued at $1,702,000 after purchasing an additional 151 shares during the last quarter. Finally, Lion Street Advisors LLC grew its holdings in Cisco Systems by 0.7% during the second quarter. Lion Street Advisors LLC now owns 20,694 shares of the network equipment provider’s stock valued at $1,436,000 after purchasing an additional 152 shares during the period. 73.33% of the stock is currently owned by institutional investors.

Cisco Systems Stock Performance

Cisco Systems stock opened at $76.04 on Friday. Cisco Systems, Inc. has a 1-year low of $52.11 and a 1-year high of $80.82. 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 firm has a market capitalization of $300.44 billion, a PE ratio of 28.59, a price-to-earnings-growth ratio of 2.88 and a beta of 0.87. The firm’s 50 day simple moving average is $76.15 and its 200 day simple moving average is $71.09.

Cisco Systems (NASDAQ:CSCO) last released its quarterly earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 EPS for the quarter, beating analysts’ consensus estimates of $0.98 by $0.02. Cisco Systems had a net margin of 18.38% and a return on equity of 27.29%. The firm had revenue of $14.88 billion during the quarter, compared to analyst estimates of $14.77 billion. During the same period in the previous year, the business earned $0.91 EPS. 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. As a group, analysts expect that Cisco Systems, Inc. will post 3.04 earnings per share for the current fiscal year.

Cisco Systems Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 21st. Stockholders of record on Friday, January 2nd will be given a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date is Friday, January 2nd. Cisco Systems’s dividend payout ratio (DPR) is 61.65%.

Insider Activity at Cisco Systems

In other news, CEO Charles Robbins sold 281,860 shares of the 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 transaction, the chief executive officer owned 820,887 shares of the company’s stock, valued at $64,316,496.45. This represents a 25.56% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Michael D. Capellas sold 16,150 shares of Cisco Systems stock in a transaction on Thursday, December 18th. The stock was sold at an average price of $77.28, for a total transaction of $1,248,072.00. Following the sale, the director directly owned 157,218 shares of the company’s stock, valued at $12,149,807.04. This represents a 9.32% decrease in their ownership of the stock. 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 ninety days. Insiders own 0.01% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on CSCO shares. Wells Fargo & Company upped their price target on Cisco Systems from $83.00 to $95.00 and gave the company an “overweight” rating in a research report on Thursday, November 13th. President Capital dropped their price objective on shares of Cisco Systems from $90.00 to $88.00 in a report on Wednesday, December 24th. Argus lifted their target price on shares of Cisco Systems from $80.00 to $100.00 in a research note on Thursday, November 13th. Citic Securities upped their price target on shares of Cisco Systems from $75.00 to $90.00 in a research note on Monday, November 17th. Finally, BNP Paribas Exane raised their price objective on shares of Cisco Systems from $76.00 to $86.00 and gave the stock an “outperform” rating in a report on Thursday, November 13th. Seventeen analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat.com, the company 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.