Franklin Street Advisors Inc. NC Buys 5,960 Shares of Cisco Systems, Inc. $CSCO

Franklin Street Advisors Inc. NC increased its stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 8.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 77,737 shares of the network equipment provider’s stock after acquiring an additional 5,960 shares during the quarter. Franklin Street Advisors Inc. NC’s holdings in Cisco Systems were worth $5,393,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Pandora Wealth Inc. bought a new position in Cisco Systems during the 1st quarter worth approximately $31,000. Nova Wealth Management Inc. bought a new position in Cisco Systems during the 1st quarter worth approximately $31,000. Brown Shipley& Co Ltd bought a new stake in shares of Cisco Systems in the 2nd quarter worth approximately $32,000. Fairway Wealth LLC grew its position in shares of Cisco Systems by 224.7% in the 1st quarter. Fairway Wealth LLC now owns 578 shares of the network equipment provider’s stock worth $36,000 after buying an additional 400 shares during the last quarter. Finally, Accent Capital Management LLC bought a new stake in shares of Cisco Systems in the 1st quarter worth approximately $36,000. 73.33% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Cisco Systems

In other Cisco Systems news, insider Jeetendra I. Patel sold 9,061 shares of Cisco Systems stock in a transaction on Friday, August 15th. The stock was sold at an average price of $66.60, for a total transaction of $603,462.60. Following the completion of the transaction, the insider owned 237,405 shares in the company, valued at approximately $15,811,173. The trade was a 3.68% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Deborah L. Stahlkopf sold 9,783 shares of Cisco Systems stock in a transaction on Friday, August 15th. The shares were sold at an average price of $66.60, for a total value of $651,547.80. Following the transaction, the executive vice president owned 161,662 shares of the company’s stock, valued at $10,766,689.20. The trade was a 5.71% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 82,965 shares of company stock valued at $5,559,996 in the last ninety days. Corporate insiders own 0.01% of the company’s stock.

Cisco Systems Stock Down 0.6%

Shares of NASDAQ:CSCO opened at $67.92 on Friday. The stock has a fifty day simple moving average of $68.10 and a two-hundred day simple moving average of $64.57. The stock has a market capitalization of $268.50 billion, a price-to-earnings ratio of 25.92, a PEG ratio of 2.87 and a beta of 0.97. Cisco Systems, Inc. has a 12-month low of $52.11 and a 12-month high of $72.55. 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 (NASDAQ:CSCO) last announced its quarterly earnings data 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 business had revenue of $14.67 billion during the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same quarter in the previous year, the business 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, research analysts anticipate that Cisco Systems, Inc. will post 3.04 earnings per share 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. Shareholders of record on Friday, October 3rd will be paid a dividend of $0.41 per share. The ex-dividend date is Friday, October 3rd. This represents a $1.64 dividend on an annualized basis and a yield of 2.4%. Cisco Systems’s payout ratio is presently 62.60%.

Analyst Upgrades and Downgrades

CSCO has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft upgraded Cisco Systems from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $65.00 to $73.00 in a research report on Monday, June 16th. Wall Street Zen lowered Cisco Systems from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 12th. UBS Group lifted their price objective on Cisco Systems from $70.00 to $74.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 5th. William Blair upgraded Cisco Systems to a “hold” rating in a research report on Thursday, August 14th. Finally, Hsbc Global Res lowered Cisco Systems from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 15th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $74.53.

Cisco Systems Company 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.