BayBridge Capital Group LLC Buys 258 Shares of Cisco Systems, Inc. $CSCO

BayBridge Capital Group LLC lifted its position in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 3.0% in the 2nd quarter, Holdings Channel reports. The fund owned 8,759 shares of the network equipment provider’s stock after buying an additional 258 shares during the quarter. BayBridge Capital Group LLC’s holdings in Cisco Systems were worth $608,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Pandora Wealth Inc. purchased a new position in Cisco Systems during the first quarter valued at $31,000. Nova Wealth Management Inc. purchased a new stake in shares of Cisco Systems in the first quarter worth about $31,000. Fairway Wealth LLC grew its position in Cisco Systems by 224.7% in the first quarter. Fairway Wealth LLC now owns 578 shares of the network equipment provider’s stock worth $36,000 after acquiring an additional 400 shares during the period. Accent Capital Management LLC acquired a new stake in Cisco Systems in the first quarter valued at $36,000. Finally, Investment Management Corp VA ADV increased its position in Cisco Systems by 145.3% during the 1st quarter. Investment Management Corp VA ADV now owns 596 shares of the network equipment provider’s stock worth $37,000 after purchasing an additional 353 shares during the period. 73.33% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. Morgan Stanley lifted their price target on Cisco Systems from $67.00 to $70.00 and gave the company an “overweight” rating in a report on Friday, July 18th. Hsbc Global Res lowered shares of Cisco Systems from a “strong-buy” rating to a “hold” rating in a report on Friday, August 15th. HSBC reissued a “hold” rating and set a $69.00 price objective on shares of Cisco Systems in a research report on Friday, August 15th. Wall Street Zen cut shares of Cisco Systems from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 12th. Finally, William Blair upgraded shares of Cisco Systems to a “hold” rating in a research note on Thursday, August 14th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat.com, Cisco Systems presently has an average rating of “Moderate Buy” and a consensus target price of $74.53.

Cisco Systems Stock Down 0.9%

Shares of NASDAQ CSCO opened at $67.22 on Friday. The company has a market capitalization of $265.73 billion, a price-to-earnings ratio of 25.66, a price-to-earnings-growth ratio of 2.82 and a beta of 0.99. The business has a 50-day moving average of $68.12 and a two-hundred day moving average of $64.32. Cisco Systems, Inc. has a 1 year low of $52.11 and a 1 year high of $72.55. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.00 and a quick ratio of 0.91.

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

Cisco Systems Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 22nd. Shareholders 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 yield of 2.4%. Cisco Systems’s payout ratio is currently 62.60%.

Insiders Place Their Bets

In related news, EVP Oliver Tuszik sold 17,526 shares of the stock in a transaction dated Friday, September 19th. The shares were sold at an average price of $67.95, for a total value of $1,190,891.70. Following the completion of the transaction, the executive vice president directly owned 198,855 shares of the company’s stock, valued at $13,512,197.25. This represents a 8.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Charles Robbins sold 30,557 shares of the stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $66.63, for a total transaction of $2,036,012.91. Following the completion of the transaction, the chief executive officer owned 639,000 shares in the company, valued at $42,576,570. This trade represents a 4.56% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 82,965 shares of company stock worth $5,559,996. 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.