Western Wealth Management LLC Has $3.25 Million Stock Position in Cisco Systems, Inc. $CSCO

Western Wealth Management LLC grew its stake in shares of Cisco Systems, Inc. (NASDAQ:CSCOFree Report) by 32.5% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 47,506 shares of the network equipment provider’s stock after purchasing an additional 11,654 shares during the period. Western Wealth Management LLC’s holdings in Cisco Systems were worth $3,250,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Brighton Jones LLC grew its stake in shares of 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 acquiring an additional 24,562 shares in the last quarter. Revolve Wealth Partners LLC boosted its holdings in Cisco Systems by 37.0% during 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 during the last quarter. Sivia Capital Partners LLC grew its position in Cisco Systems by 7.5% in the 2nd quarter. Sivia Capital Partners LLC now owns 10,178 shares of the network equipment provider’s stock worth $706,000 after purchasing an additional 712 shares in the last quarter. Apollon Financial LLC increased its stake in Cisco Systems by 7.0% in the 2nd quarter. Apollon Financial LLC now owns 5,885 shares of the network equipment provider’s stock valued at $408,000 after buying an additional 387 shares during the last quarter. Finally, 1858 Wealth Management LLC lifted its position in shares of Cisco Systems by 3.0% during the 2nd quarter. 1858 Wealth Management LLC now owns 34,876 shares of the network equipment provider’s stock worth $2,420,000 after buying an additional 1,022 shares in the last quarter. Institutional investors own 73.33% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently commented on CSCO shares. Wells Fargo & Company lifted their price target on Cisco Systems from $83.00 to $95.00 and gave the stock an “overweight” rating in a report on Thursday, November 13th. JPMorgan Chase & Co. raised their target price on Cisco Systems from $80.00 to $90.00 and gave the company an “overweight” rating in a research report on Thursday, November 13th. BNP Paribas Exane boosted their price target 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. KeyCorp increased their price target on shares of Cisco Systems from $77.00 to $87.00 and gave the company an “overweight” rating in a research report on Thursday, November 13th. Finally, Citigroup lifted their price objective on shares of Cisco Systems from $80.00 to $85.00 and gave the stock a “buy” rating in a research report on Thursday, November 13th. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Cisco Systems presently has an average rating of “Moderate Buy” and a consensus target price of $94.23.

Read Our Latest Research Report on Cisco Systems

Cisco Systems Stock Performance

Cisco Systems stock opened at $84.78 on Monday. Cisco Systems, Inc. has a 1-year low of $52.11 and a 1-year high of $85.00. 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 $334.97 billion, a PE ratio of 31.87, a price-to-earnings-growth ratio of 3.21 and a beta of 0.87. The firm’s 50 day simple moving average is $77.35 and its 200 day simple moving average is $72.65.

Cisco Systems (NASDAQ:CSCOGet Free Report) last released its quarterly earnings results 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. The firm had revenue of $14.88 billion for the quarter, compared to analysts’ expectations of $14.77 billion. Cisco Systems had a return on equity of 27.29% and a net margin of 18.38%.The company’s revenue was up 7.5% compared to the same quarter last year. During the same quarter last year, the firm posted $0.91 EPS. 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 company also recently announced a quarterly dividend, which was paid on Wednesday, January 21st. Investors of record on Friday, January 2nd were paid a $0.41 dividend. This represents a $1.64 annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend was Friday, January 2nd. Cisco Systems’s payout ratio is presently 61.65%.

Insider Buying and Selling at Cisco Systems

In other news, 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 sale, the director owned 61,630 shares in the company, valued at approximately $4,753,521.90. The trade was a 17.95% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP Maria Victoria Wong sold 428 shares of the business’s stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $80.33, for a total value of $34,381.24. Following the completion of the sale, the senior vice president directly owned 32,176 shares in the company, valued at approximately $2,584,698.08. This represents a 1.31% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,044,865 shares of company stock worth $81,397,635 over the last ninety days. 0.01% of the stock is owned by company insiders.

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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