Benjamin Edwards Inc. Boosts Holdings in Cisco Systems, Inc. $CSCO

Benjamin Edwards Inc. raised its stake in Cisco Systems, Inc. (NASDAQ:CSCOFree Report) by 10.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 139,384 shares of the network equipment provider’s stock after acquiring an additional 13,188 shares during the quarter. Benjamin Edwards Inc.’s holdings in Cisco Systems were worth $9,537,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. Brighton Jones LLC raised its stake in Cisco Systems by 49.5% in the 4th quarter. Brighton Jones LLC now owns 74,187 shares of the network equipment provider’s stock valued at $4,392,000 after acquiring an additional 24,562 shares during the period. Revolve Wealth Partners LLC increased its stake in shares of Cisco Systems by 37.0% in the fourth quarter. Revolve Wealth Partners LLC now owns 9,156 shares of the network equipment provider’s stock worth $542,000 after purchasing an additional 2,474 shares in the last quarter. SCS Capital Management LLC bought a new stake in shares of Cisco Systems in the first quarter valued at approximately $1,638,000. Integrity Alliance LLC. lifted its stake in shares of Cisco Systems by 88.9% during the 1st quarter. Integrity Alliance LLC. now owns 49,988 shares of the network equipment provider’s stock valued at $3,085,000 after buying an additional 23,532 shares in the last quarter. Finally, Geneos Wealth Management Inc. boosted its holdings in Cisco Systems by 15.5% in the 1st quarter. Geneos Wealth Management Inc. now owns 35,255 shares of the network equipment provider’s stock worth $2,176,000 after buying an additional 4,722 shares during the period. Hedge funds and other institutional investors own 73.33% of the company’s stock.

Analyst Ratings Changes

CSCO has been the topic of a number of analyst reports. Evercore ISI boosted their target price on shares of Cisco Systems from $74.00 to $80.00 and gave the company an “in-line” rating in a report on Thursday, November 13th. President Capital decreased their price objective on Cisco Systems from $90.00 to $88.00 in a research note on Wednesday, December 24th. KeyCorp raised their target price on Cisco Systems from $77.00 to $87.00 and gave the stock an “overweight” rating in a research note on Thursday, November 13th. HSBC lifted their target price on Cisco Systems from $69.00 to $74.00 and gave the company a “hold” rating in a report on Friday, November 14th. Finally, UBS Group increased their price target 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. Sixteen research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat.com, Cisco Systems presently has an average rating of “Moderate Buy” and a consensus target price of $85.23.

Check Out Our Latest Research Report on Cisco Systems

Insider Activity

In other Cisco Systems news, Director Michael D. Capellas sold 16,150 shares of the stock in a transaction that occurred on Thursday, December 18th. The shares were sold at an average price of $77.28, for a total transaction of $1,248,072.00. Following the transaction, the director directly owned 157,218 shares in the company, valued at $12,149,807.04. This trade represents a 9.32% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Deborah L. Stahlkopf sold 164,584 shares of Cisco Systems stock in a transaction that occurred on 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 transaction, the executive vice president directly owned 196,738 shares in the company, valued at $15,316,053.30. This trade represents a 45.55% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 1,044,865 shares of company stock worth $81,397,635. 0.01% of the stock is currently owned by insiders.

Cisco Systems Price Performance

CSCO stock opened at $73.96 on Friday. The firm has a 50 day simple moving average of $76.38 and a two-hundred day simple moving average of $71.31. The stock has a market cap of $292.22 billion, a PE ratio of 27.80, a P/E/G ratio of 2.83 and a beta of 0.87. Cisco Systems, Inc. has a one year low of $52.11 and a one year high of $80.82. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.93 and a quick ratio of 0.83.

Cisco Systems (NASDAQ:CSCOGet Free Report) last posted 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. 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 for the quarter, compared to analysts’ expectations of $14.77 billion. During the same quarter last year, the company posted $0.91 EPS. The business’s quarterly revenue 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, analysts predict that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.

Cisco Systems Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 21st. Stockholders of record on Friday, January 2nd will be issued a $0.41 dividend. 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 is presently 61.65%.

Cisco Systems Profile

(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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