Ferguson Wellman Capital Management Inc. increased its holdings in Cisco Systems, Inc. (NASDAQ:CSCO – Free Report) by 3.9% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,316,012 shares of the network equipment provider’s stock after buying an additional 49,997 shares during the quarter. Cisco Systems accounts for about 1.5% of Ferguson Wellman Capital Management Inc.’s investment portfolio, making the stock its 20th largest position. Ferguson Wellman Capital Management Inc.’s holdings in Cisco Systems were worth $90,042,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Brighton Jones LLC raised its holdings 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 worth $4,392,000 after purchasing an additional 24,562 shares during the period. Revolve Wealth Partners LLC increased its position in 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 buying an additional 2,474 shares in the last quarter. SCS Capital Management LLC bought a new position in shares of Cisco Systems in the first quarter worth about $1,638,000. Integrity Alliance LLC. lifted its position 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. grew its stake in shares of Cisco Systems by 15.5% during the 1st quarter. Geneos Wealth Management Inc. now owns 35,255 shares of the network equipment provider’s stock valued at $2,176,000 after acquiring an additional 4,722 shares during the period. 73.33% of the stock is owned by hedge funds and other institutional investors.
Insider Activity at Cisco Systems
In related news, EVP Deborah L. Stahlkopf sold 164,584 shares of Cisco Systems stock in a transaction dated Friday, November 14th. The shares were sold at an average price of $77.85, for a total transaction of $12,812,864.40. Following the completion of the transaction, the executive vice president directly owned 196,738 shares of the company’s stock, valued at approximately $15,316,053.30. The trade was a 45.55% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Thimaya K. Subaiya sold 56,038 shares of the stock in a transaction dated Wednesday, November 19th. The stock was sold at an average price of $78.33, for a total transaction of $4,389,456.54. Following the completion of the sale, the executive vice president directly 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 SEC filing for this sale provides additional information. Insiders sold 1,044,865 shares of company stock valued at $81,397,635 over the last three months. Corporate insiders own 0.01% of the company’s stock.
Cisco Systems Stock Performance
Cisco Systems (NASDAQ:CSCO – Get Free Report) last released its quarterly earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 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 company had revenue of $14.88 billion during the quarter, compared to analyst estimates of $14.77 billion. During the same quarter last year, the business posted $0.91 earnings per share. The firm’s 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, equities research analysts forecast that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.
Cisco Systems Dividend Announcement
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 given 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 2.2%. Cisco Systems’s dividend payout ratio (DPR) is currently 61.65%.
Analyst Upgrades and Downgrades
CSCO has been the topic of several analyst reports. Wall Street Zen downgraded shares of Cisco Systems from a “buy” rating to a “hold” rating in a report on Saturday, November 22nd. KeyCorp upped their target price on shares of Cisco Systems from $77.00 to $87.00 and gave the stock an “overweight” rating in a report on Thursday, November 13th. Melius Research raised their price target on Cisco Systems from $84.00 to $100.00 and gave the company a “buy” rating in a report on Thursday, November 13th. Bank of America upped their price objective on Cisco Systems from $85.00 to $95.00 and gave the stock a “buy” rating in a research note on Thursday, November 13th. Finally, Piper Sandler lifted their target price on Cisco Systems from $70.00 to $86.00 and gave the company a “neutral” rating in a research note on Thursday, November 13th. Sixteen analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $85.23.
Read Our Latest Analysis on CSCO
About Cisco Systems
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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