Cisco Systems, Inc. $CSCO Shares Sold by Neumann Capital Management LLC

Neumann Capital Management LLC reduced its holdings in Cisco Systems, Inc. (NASDAQ:CSCO) by 2.6% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 20,606 shares of the network equipment provider’s stock after selling 548 shares during the quarter. Neumann Capital Management LLC’s holdings in Cisco Systems were worth $1,430,000 at the end of the most recent reporting period.

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

Cisco Systems Stock Performance

Shares of NASDAQ CSCO opened at $67.22 on Friday. The stock has a fifty day moving average price of $68.12 and a two-hundred day moving average price of $64.32. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.91 and a current ratio of 1.00. The firm has a market cap of $265.73 billion, a P/E ratio of 25.66, a PEG ratio of 2.82 and a beta of 0.99. Cisco Systems, Inc. has a 1 year low of $52.11 and a 1 year high of $72.55.

Cisco Systems (NASDAQ:CSCO) last issued its quarterly earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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%.The firm’s quarterly revenue was up 7.6% on a year-over-year basis. During the same period last year, the company posted $0.87 EPS. Cisco Systems has set its Q1 2026 guidance at 0.970-0.990 EPS. FY 2026 guidance at 4.000-4.060 EPS. Research 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 given a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Friday, October 3rd. Cisco Systems’s dividend payout ratio is 62.60%.

Insider Activity at Cisco Systems

In other news, SVP Maria Victoria Wong sold 428 shares of the stock in a transaction 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 completion of the sale, the senior vice president owned 30,619 shares in the company, valued at approximately $2,089,746.75. This represents a 1.38% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Oliver Tuszik sold 17,526 shares of the stock in a transaction on 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 sale, the executive vice president owned 198,855 shares of the company’s stock, valued at $13,512,197.25. This trade represents a 8.10% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 82,965 shares of company stock worth $5,559,996. 0.01% of the stock is owned by corporate insiders.

Analyst Ratings Changes

CSCO has been the topic of several recent analyst reports. Barclays boosted their price target on Cisco Systems from $66.00 to $71.00 and gave the stock an “equal weight” rating in a research note on Thursday, August 14th. Rosenblatt Securities reissued a “buy” rating and issued a $87.00 price objective on shares of Cisco Systems in a report on Thursday, August 14th. HSBC reissued a “hold” rating and issued a $69.00 price target on shares of Cisco Systems in a report on Friday, August 15th. Morgan Stanley raised their price target on Cisco Systems from $67.00 to $70.00 and gave the stock an “overweight” rating in a report on Friday, July 18th. Finally, Evercore ISI increased their price objective on Cisco Systems from $72.00 to $74.00 and gave the stock an “in-line” rating in a report on Thursday, August 14th. 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’s stock. According to data from MarketBeat, Cisco Systems has a consensus rating of “Moderate Buy” and an average target price of $74.53.

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.