Capital Advisors Inc. OK boosted its position in Cisco Systems, Inc. (NASDAQ:CSCO – Free Report) by 12.4% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 870,944 shares of the network equipment provider’s stock after purchasing an additional 96,016 shares during the period. Capital Advisors Inc. OK’s holdings in Cisco Systems were worth $59,590,000 as of its most recent SEC filing.
Several other hedge funds also recently modified their holdings of CSCO. Bare Financial Services Inc boosted its stake in Cisco Systems by 531.0% during the second quarter. Bare Financial Services Inc now owns 366 shares of the network equipment provider’s stock valued at $25,000 after buying an additional 308 shares in the last quarter. Financial Connections Group Inc. lifted its holdings in Cisco Systems by 89.4% in the 2nd quarter. Financial Connections Group Inc. now owns 409 shares of the network equipment provider’s stock valued at $28,000 after acquiring an additional 193 shares during the last quarter. Legacy Investment Solutions LLC acquired a new stake in Cisco Systems in the 2nd quarter valued at about $28,000. Lowe Wealth Advisors LLC boosted its position in shares of Cisco Systems by 96.2% during the 3rd quarter. Lowe Wealth Advisors LLC now owns 408 shares of the network equipment provider’s stock valued at $28,000 after purchasing an additional 200 shares in the last quarter. Finally, Nova Wealth Management Inc. acquired a new position in shares of Cisco Systems in the 1st quarter worth approximately $31,000. 73.33% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling
In other Cisco Systems news, Director Michael D. Capellas sold 10,850 shares of Cisco Systems stock in a transaction on Friday, December 19th. The shares were sold at an average price of $77.13, for a total transaction of $836,860.50. Following the completion of the sale, the director owned 146,368 shares of the company’s stock, valued at $11,289,363.84. This trade represents a 6.90% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Kristina M. Johnson sold 13,481 shares of the business’s stock in a transaction on Thursday, December 18th. The shares were sold at an average price of $77.13, for a total transaction of $1,039,789.53. Following the transaction, the director owned 61,630 shares in the company, valued at approximately $4,753,521.90. This represents a 17.95% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 1,044,865 shares of company stock worth $81,397,635. Insiders own 0.01% of the company’s stock.
Analysts Set New Price Targets
Read Our Latest Research Report on CSCO
Cisco Systems Stock Performance
Shares of Cisco Systems stock opened at $76.04 on Friday. Cisco Systems, Inc. has a 12 month low of $52.11 and a 12 month high of $80.82. The company has a quick ratio of 0.83, a current ratio of 0.93 and a debt-to-equity ratio of 0.46. The stock has a market cap 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 business has a fifty day simple moving average of $76.15 and a 200-day simple moving average of $71.09.
Cisco Systems (NASDAQ:CSCO – Get Free Report) last announced its quarterly earnings data on Wednesday, November 12th. The network equipment provider reported $1.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.98 by $0.02. Cisco Systems had a return on equity of 27.29% and a net margin of 18.38%.The firm had revenue of $14.88 billion during the quarter, compared to the consensus estimate of $14.77 billion. During the same period in the prior 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. On average, sell-side analysts anticipate that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.
Cisco Systems Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 21st. Investors of record on Friday, January 2nd will be given a dividend of $0.41 per share. The ex-dividend date of this dividend is Friday, January 2nd. This represents a $1.64 dividend on an annualized basis and a yield of 2.2%. Cisco Systems’s payout ratio 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.
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