NTV Asset Management LLC Decreases Stake in Cisco Systems, Inc. $CSCO

NTV Asset Management LLC lessened its stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 3.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 76,117 shares of the network equipment provider’s stock after selling 2,686 shares during the quarter. NTV Asset Management LLC’s holdings in Cisco Systems were worth $5,281,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Kornitzer Capital Management Inc. KS lifted its position in shares of Cisco Systems by 0.7% during the 1st quarter. Kornitzer Capital Management Inc. KS now owns 892,064 shares of the network equipment provider’s stock worth $55,049,000 after buying an additional 6,501 shares during the last quarter. Golden State Wealth Management LLC increased its holdings in shares of Cisco Systems by 10.8% in the 1st quarter. Golden State Wealth Management LLC now owns 6,298 shares of the network equipment provider’s stock valued at $389,000 after acquiring an additional 612 shares during the period. Acadian Asset Management LLC increased its holdings in shares of Cisco Systems by 255.9% in the 1st quarter. Acadian Asset Management LLC now owns 7,819,547 shares of the network equipment provider’s stock valued at $482,509,000 after acquiring an additional 5,622,672 shares during the period. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Cisco Systems by 28.9% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 4,037,909 shares of the network equipment provider’s stock valued at $249,180,000 after acquiring an additional 904,548 shares during the period. Finally, Banque Pictet & Cie SA increased its holdings in shares of Cisco Systems by 1.0% in the 2nd quarter. Banque Pictet & Cie SA now owns 55,168 shares of the network equipment provider’s stock valued at $3,813,000 after acquiring an additional 535 shares during the period. Hedge funds and other institutional investors own 73.33% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. Rosenblatt Securities reaffirmed a “buy” rating and issued a $87.00 target price on shares of Cisco Systems in a report on Thursday, August 14th. Wolfe Research assumed coverage on shares of Cisco Systems in a report on Tuesday, July 8th. They issued a “peer perform” rating on the stock. Wells Fargo & Company lifted their target price on shares of Cisco Systems from $75.00 to $83.00 and gave the company an “overweight” rating in a report on Thursday, August 14th. 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, Bank of America boosted their price objective on shares of Cisco Systems from $76.00 to $85.00 and gave the company a “buy” rating in a research note on Thursday, August 14th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $74.53.

Cisco Systems Price Performance

Shares of NASDAQ CSCO opened at $67.92 on Friday. The firm has a market capitalization of $268.50 billion, a P/E ratio of 25.92, a PEG ratio of 2.87 and a beta of 0.97. Cisco Systems, Inc. has a one year low of $52.11 and a one year high of $72.55. The company’s fifty day moving average is $68.10 and its two-hundred day moving average is $64.57. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.91 and a current ratio of 1.00.

Cisco Systems (NASDAQ:CSCO) last issued its earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 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 company 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 firm earned $0.87 EPS. The business’s revenue 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 firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 22nd. Investors of record on Friday, October 3rd will be given a $0.41 dividend. The ex-dividend date is Friday, October 3rd. This represents a $1.64 annualized dividend and a dividend 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 business’s 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 sale, the executive vice president directly owned 198,855 shares in the company, valued at $13,512,197.25. The trade was a 8.10% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Thimaya K. Subaiya sold 1,744 shares of the business’s stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $66.78, for a total transaction of $116,464.32. Following the completion of the sale, the executive vice president owned 158,009 shares in the company, valued at $10,551,841.02. This represents a 1.09% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 82,965 shares of company stock worth $5,559,996. 0.01% of the stock is owned by company 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.