High Net Worth Advisory Group LLC Raises Holdings in Cisco Systems, Inc. $CSCO

High Net Worth Advisory Group LLC grew its position in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 6.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,455 shares of the network equipment provider’s stock after purchasing an additional 800 shares during the period. High Net Worth Advisory Group LLC’s holdings in Cisco Systems were worth $864,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Wedmont Private Capital grew its position in shares of Cisco Systems by 7.0% during the second quarter. Wedmont Private Capital now owns 45,297 shares of the network equipment provider’s stock valued at $3,138,000 after purchasing an additional 2,972 shares in the last quarter. Swedbank AB grew its position in shares of Cisco Systems by 16.2% during the second quarter. Swedbank AB now owns 8,763,613 shares of the network equipment provider’s stock valued at $608,019,000 after purchasing an additional 1,221,736 shares in the last quarter. Secure Asset Management LLC grew its position in shares of Cisco Systems by 14.4% during the second quarter. Secure Asset Management LLC now owns 7,576 shares of the network equipment provider’s stock valued at $526,000 after purchasing an additional 952 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd grew its position in shares of Cisco Systems by 3.0% during the second quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 773,172 shares of the network equipment provider’s stock valued at $53,643,000 after purchasing an additional 22,783 shares in the last quarter. Finally, Shira Ridge Wealth Management grew its position in shares of Cisco Systems by 14.8% during the second quarter. Shira Ridge Wealth Management now owns 5,061 shares of the network equipment provider’s stock valued at $351,000 after purchasing an additional 651 shares in the last quarter. Hedge funds and other institutional investors own 73.33% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on CSCO shares. HSBC restated a “hold” rating and set a $69.00 price objective on shares of Cisco Systems in a research report on Friday, August 15th. UBS Group increased their price target on shares of Cisco Systems from $70.00 to $74.00 and gave the company a “neutral” rating in a report on Tuesday, August 5th. JPMorgan Chase & Co. increased their price target on shares of Cisco Systems from $73.00 to $78.00 and gave the company an “overweight” rating in a report on Thursday, July 17th. Morgan Stanley increased their price target on shares of Cisco Systems from $67.00 to $70.00 and gave the company an “overweight” rating in a report on Friday, July 18th. Finally, Bank of America increased their price target on shares of Cisco Systems from $76.00 to $85.00 and gave the company a “buy” rating in a report on Thursday, August 14th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $74.53.

Cisco Systems Price Performance

NASDAQ CSCO opened at $67.72 on Thursday. The firm’s fifty day simple moving average is $68.14 and its two-hundred day simple moving average is $64.06. The company has a current ratio of 1.00, a quick ratio of 0.91 and a debt-to-equity ratio of 0.49. Cisco Systems, Inc. has a 12-month low of $50.27 and a 12-month high of $72.55. The firm has a market capitalization of $267.71 billion, a P/E ratio of 25.85, a P/E/G ratio of 2.81 and a beta of 0.99.

Cisco Systems (NASDAQ:CSCO) last released its quarterly earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.98 by $0.01. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. The business had revenue of $14.67 billion for the quarter, compared to analyst estimates of $14.63 billion. During the same period in the previous year, the company earned $0.87 earnings per share. The business’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. Analysts forecast that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.

Cisco Systems Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 22nd. Stockholders of record on Friday, October 3rd will be issued a dividend of $0.41 per share. The ex-dividend date of this dividend is Friday, October 3rd. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.4%. Cisco Systems’s payout ratio is 62.60%.

Insider Activity

In other news, EVP Deborah L. Stahlkopf sold 2,718 shares of the business’s stock in a transaction on Thursday, September 11th. The shares were sold at an average price of $68.08, for a total transaction of $185,041.44. Following the sale, the executive vice president directly owned 157,184 shares of the company’s stock, valued at $10,701,086.72. The trade was a 1.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Jeetendra I. Patel sold 9,061 shares of the business’s stock in a transaction on Friday, August 15th. The shares were sold at an average price of $66.60, for a total transaction of $603,462.60. Following the sale, the insider directly owned 237,405 shares in the company, valued at $15,811,173. This trade represents a 3.68% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 65,439 shares of company stock valued at $4,369,104. 0.01% of the stock is owned by corporate insiders.

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.