Capital Investment Advisory Services LLC grew its holdings in Cisco Systems, Inc. (NASDAQ:CSCO – Free Report) by 50.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 32,417 shares of the network equipment provider’s stock after acquiring an additional 10,911 shares during the period. Capital Investment Advisory Services LLC’s holdings in Cisco Systems were worth $2,218,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently modified their holdings of CSCO. Fusion Capital LLC raised its holdings in Cisco Systems by 0.3% in the 3rd quarter. Fusion Capital LLC now owns 120,041 shares of the network equipment provider’s stock worth $8,776,000 after purchasing an additional 343 shares during the period. RMR Wealth Builders raised its stake in Cisco Systems by 9.7% during the 3rd quarter. RMR Wealth Builders now owns 6,835 shares of the network equipment provider’s stock worth $468,000 after acquiring an additional 604 shares during the period. Lincoln Capital LLC boosted its position in shares of Cisco Systems by 10.3% in the third quarter. Lincoln Capital LLC now owns 4,480 shares of the network equipment provider’s stock worth $304,000 after purchasing an additional 420 shares during the period. Hobbs Wealth Management LLC lifted its stake in shares of Cisco Systems by 13.3% during the 3rd quarter. Hobbs Wealth Management LLC now owns 4,896 shares of the network equipment provider’s stock valued at $335,000 after buying an additional 573 shares in the last quarter. Finally, ABN AMRO Bank N.V. boosted its holdings in Cisco Systems by 126.3% in the 3rd quarter. ABN AMRO Bank N.V. now owns 176,715 shares of the network equipment provider’s stock worth $12,018,000 after buying an additional 98,630 shares during the period. 73.33% of the stock is currently owned by hedge funds and other institutional investors.
Insider Buying and Selling
In other Cisco Systems news, CEO Charles Robbins sold 116,734 shares of the business’s stock in a transaction on Tuesday, November 18th. The shares were sold at an average price of $77.30, for a total transaction of $9,023,538.20. Following the transaction, the chief executive officer owned 704,153 shares in the company, valued at $54,431,026.90. The trade was a 14.22% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Thimaya K. Subaiya sold 1,745 shares of the stock in a transaction on Friday, December 12th. The shares were sold at an average price of $79.46, for a total transaction of $138,657.70. Following the completion of the sale, the executive vice president directly owned 176,319 shares in the company, valued at approximately $14,010,307.74. This represents a 0.98% decrease in their position. 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 90 days. 0.01% of the stock is currently owned by insiders.
Cisco Systems Price Performance
Cisco Systems (NASDAQ:CSCO – Get Free Report) last announced its earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 earnings per share (EPS) 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 period in the prior year, the company earned $0.91 EPS. The business’s 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. Sell-side analysts forecast that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.
Cisco Systems Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Wednesday, January 21st. Investors of record on Friday, January 2nd were issued a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a yield of 1.9%. The ex-dividend date was Friday, January 2nd. Cisco Systems’s dividend payout ratio is presently 61.65%.
Analyst Ratings Changes
CSCO has been the topic of several research analyst reports. Piper Sandler boosted their price objective on Cisco Systems from $70.00 to $86.00 and gave the company a “neutral” rating in a research report on Thursday, November 13th. Citic Securities boosted their price target on Cisco Systems from $75.00 to $90.00 in a report on Monday, November 17th. Morgan Stanley increased their price objective on shares of Cisco Systems from $82.00 to $91.00 and gave the company an “overweight” rating in a report on Wednesday, December 17th. Wells Fargo & Company boosted their target price on shares of Cisco Systems from $83.00 to $95.00 and gave the stock an “overweight” rating in a report on Thursday, November 13th. Finally, President Capital dropped their target price on shares of Cisco Systems from $90.00 to $88.00 in a research report on Wednesday, December 24th. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat, Cisco Systems presently has an average rating of “Moderate Buy” and an average target price of $90.38.
View Our Latest Stock Analysis on Cisco Systems
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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