Venture Visionary Partners LLC Cuts Stock Position in Cisco Systems, Inc. $CSCO

Venture Visionary Partners LLC cut its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 6.1% during the second quarter, Holdings Channel reports. The firm owned 88,098 shares of the network equipment provider’s stock after selling 5,675 shares during the quarter. Venture Visionary Partners LLC’s holdings in Cisco Systems were worth $6,112,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of CSCO. Vanguard Group Inc. grew its position in shares of Cisco Systems by 0.5% during the first quarter. Vanguard Group Inc. now owns 388,949,854 shares of the network equipment provider’s stock worth $24,002,095,000 after buying an additional 1,865,648 shares in the last quarter. Invesco Ltd. grew its position in shares of Cisco Systems by 10.4% during the first quarter. Invesco Ltd. now owns 47,117,146 shares of the network equipment provider’s stock worth $2,907,599,000 after buying an additional 4,437,450 shares in the last quarter. Goldman Sachs Group Inc. grew its position in shares of Cisco Systems by 37.4% during the first quarter. Goldman Sachs Group Inc. now owns 46,973,293 shares of the network equipment provider’s stock worth $2,898,722,000 after buying an additional 12,775,066 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of Cisco Systems by 3.6% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 37,797,629 shares of the network equipment provider’s stock worth $2,332,492,000 after buying an additional 1,326,354 shares in the last quarter. Finally, Amundi grew its position in shares of Cisco Systems by 11.0% during the first quarter. Amundi now owns 29,170,847 shares of the network equipment provider’s stock worth $1,679,312,000 after buying an additional 2,898,391 shares in the last quarter. 73.33% of the stock is currently owned by hedge funds and other institutional investors.

Cisco Systems Stock Performance

Shares of CSCO opened at $67.72 on Tuesday. The company has a market capitalization of $267.71 billion, a price-to-earnings ratio of 25.85, a price-to-earnings-growth ratio of 2.83 and a beta of 0.99. Cisco Systems, Inc. has a 52-week low of $52.11 and a 52-week high of $72.55. The stock has a 50 day moving average price of $68.11 and a 200 day moving average price of $64.41. The company has a quick ratio of 0.91, a current ratio of 1.00 and a debt-to-equity ratio of 0.49.

Cisco Systems (NASDAQ:CSCO) last posted 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 business had revenue of $14.67 billion during the quarter, compared to the consensus estimate of $14.63 billion. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The company’s revenue was up 7.6% compared to the same quarter last year. During the same period in the prior 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. Research analysts predict that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.

Cisco Systems Announces Dividend

The company 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 $0.41 dividend. This represents a $1.64 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend is Friday, October 3rd. Cisco Systems’s dividend payout ratio is presently 62.60%.

Insiders Place Their Bets

In other news, 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 value of $2,036,012.91. Following the completion of the sale, the chief executive officer directly owned 639,000 shares of the company’s stock, valued at approximately $42,576,570. This represents a 4.56% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Maria Victoria Wong sold 428 shares of the stock in a transaction that occurred on Thursday, September 11th. The shares were sold at an average price of $68.25, for a total value of $29,211.00. Following the completion of the sale, the senior vice president directly owned 30,619 shares of the company’s stock, valued at $2,089,746.75. The trade was a 1.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 82,965 shares of company stock valued at $5,559,996. 0.01% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the company. Morgan Stanley boosted their price objective on Cisco Systems from $67.00 to $70.00 and gave the stock an “overweight” rating in a research report on Friday, July 18th. Rosenblatt Securities reissued a “buy” rating and set a $87.00 price objective on shares of Cisco Systems in a research report on Thursday, August 14th. 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. CICC Research began coverage on Cisco Systems in a report on Monday, July 14th. They issued an “outperform” rating and a $78.00 price target for the company. Finally, UBS Group upped their price target on Cisco Systems from $70.00 to $74.00 and gave the company a “neutral” rating in a report on Tuesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and ten have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $74.53.

About Cisco Systems

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.