eCIO Inc. Buys New Shares in Cisco Systems, Inc. $CSCO

eCIO Inc. bought a new stake in Cisco Systems, Inc. (NASDAQ:CSCO) during the first quarter, HoldingsChannel reports. The firm bought 604 shares of the network equipment provider’s stock, valued at approximately $37,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Ashton Thomas Securities LLC increased its position in shares of Cisco Systems by 2.9% in the first quarter. Ashton Thomas Securities LLC now owns 5,654 shares of the network equipment provider’s stock valued at $349,000 after acquiring an additional 159 shares during the last quarter. Greenline Partners LLC increased its position in shares of Cisco Systems by 0.5% in the first quarter. Greenline Partners LLC now owns 32,570 shares of the network equipment provider’s stock valued at $2,010,000 after acquiring an additional 162 shares during the last quarter. Legacy Financial Group Inc. increased its position in shares of Cisco Systems by 3.4% in the fourth quarter. Legacy Financial Group Inc. now owns 5,100 shares of the network equipment provider’s stock valued at $302,000 after acquiring an additional 169 shares during the last quarter. Avalon Trust Co increased its position in shares of Cisco Systems by 5.4% in the first quarter. Avalon Trust Co now owns 3,433 shares of the network equipment provider’s stock valued at $212,000 after acquiring an additional 177 shares during the last quarter. Finally, Rossmore Private Capital increased its position in Cisco Systems by 0.3% during the first quarter. Rossmore Private Capital now owns 69,220 shares of the network equipment provider’s stock worth $4,272,000 after buying an additional 181 shares during the last quarter. Institutional investors and hedge funds own 73.33% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. UBS Group upped their price objective on Cisco Systems from $70.00 to $74.00 and gave the company a “neutral” rating in a research note on Tuesday, August 5th. Bank of America upped their price objective on Cisco Systems from $76.00 to $85.00 and gave the company a “buy” rating in a research note on Thursday, August 14th. New Street Research restated a “neutral” rating and issued a $70.00 price objective on shares of Cisco Systems in a research note on Friday, May 16th. William Blair upgraded Cisco Systems to a “hold” rating in a research note on Thursday, August 14th. Finally, Hsbc Global Res lowered Cisco Systems from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 15th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $74.53.

Insider Buying and Selling at Cisco Systems

In related news, SVP Maria Victoria Wong sold 428 shares of the stock in a transaction that occurred on Thursday, September 11th. The stock was sold at an average price of $68.25, for a total transaction of $29,211.00. Following the sale, the senior vice president owned 30,619 shares of the company’s stock, valued at $2,089,746.75. This represents a 1.38% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Deborah L. Stahlkopf sold 2,718 shares of the stock in a transaction that occurred on Thursday, September 11th. The stock was sold at an average price of $68.08, for a total value of $185,041.44. Following the sale, the executive vice president directly owned 157,184 shares in the company, valued at $10,701,086.72. This represents a 1.70% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 88,099 shares of company stock valued at $5,851,765 over the last ninety days. 0.01% of the stock is owned by corporate insiders.

Cisco Systems Price Performance

Cisco Systems stock opened at $66.53 on Friday. Cisco Systems, Inc. has a 12 month low of $49.67 and a 12 month high of $72.55. The stock’s 50 day moving average is $68.24 and its 200-day moving average is $64.00. The company has a current ratio of 1.00, a quick ratio of 0.91 and a debt-to-equity ratio of 0.49. The company has a market capitalization of $263.01 billion, a price-to-earnings ratio of 25.39, a PEG ratio of 2.84 and a beta of 0.99.

Cisco Systems (NASDAQ:CSCO) last posted its earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 EPS for the quarter, beating the consensus estimate of $0.98 by $0.01. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The company had revenue of $14.67 billion for the quarter, compared to the consensus estimate of $14.63 billion. During the same quarter in the prior year, the business earned $0.87 earnings per share. The firm’s revenue for the quarter was up 7.6% on a year-over-year basis. Cisco Systems has set its Q1 2026 guidance at 0.970-0.990 EPS. FY 2026 guidance at 4.000-4.060 EPS. Equities research analysts expect that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 22nd. Stockholders of record on Friday, October 3rd will be given a $0.41 dividend. The ex-dividend date of this dividend is Friday, October 3rd. This represents a $1.64 annualized dividend and a dividend yield of 2.5%. Cisco Systems’s dividend payout ratio is presently 62.60%.

Cisco Systems Profile

Cisco Systems, Inc designs, manufactures, and sells Internet Protocol based networking and other products related to the communications and information technology industry in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and China. The company also offers switching portfolio encompasses campus switching as well as data center switching; enterprise routing portfolio interconnects public and private wireline and mobile networks, delivering highly secure, and reliable connectivity to campus, data center and branch networks; wireless products include wireless access points and controllers; and compute portfolio including the cisco unified computing system, hyperflex, and software management capabilities, which combine computing, networking, and storage infrastructure management and virtualization.