Sava Infond d.o.o. trimmed its position in Cisco Systems, Inc. (NASDAQ:CSCO – Free Report) by 66.1% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,670 shares of the network equipment provider’s stock after selling 3,250 shares during the quarter. Sava Infond d.o.o.’s holdings in Cisco Systems were worth $116,000 at the end of the most recent reporting period.
Several other large investors have also recently made changes to their positions in the company. Postrock Partners LLC grew its position in shares of Cisco Systems by 4.5% during the 2nd quarter. Postrock Partners LLC now owns 3,480 shares of the network equipment provider’s stock valued at $241,000 after acquiring an additional 150 shares during the period. Pacifica Partners Inc. grew its position in shares of Cisco Systems by 0.5% during the 2nd quarter. Pacifica Partners Inc. now owns 34,060 shares of the network equipment provider’s stock valued at $2,338,000 after acquiring an additional 155 shares during the period. Pacific Sage Partners LLC grew its position in shares of Cisco Systems by 0.9% during the 2nd quarter. Pacific Sage Partners LLC now owns 16,746 shares of the network equipment provider’s stock valued at $1,162,000 after acquiring an additional 156 shares during the period. Childress Capital Advisors LLC grew its position in shares of Cisco Systems by 0.8% during the 2nd quarter. Childress Capital Advisors LLC now owns 18,806 shares of the network equipment provider’s stock valued at $1,305,000 after acquiring an additional 157 shares during the period. Finally, Ashton Thomas Securities LLC grew its position in shares of Cisco Systems by 2.9% during the 1st quarter. Ashton Thomas Securities LLC now owns 5,654 shares of the network equipment provider’s stock valued at $349,000 after acquiring an additional 159 shares during the period. 73.33% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently commented on the company. William Blair upgraded Cisco Systems to a “hold” rating in a research report on Thursday, August 14th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $87.00 price target on shares of Cisco Systems in a research note on Thursday, August 14th. Barclays raised their price target on shares of Cisco Systems from $66.00 to $71.00 and gave the company an “equal weight” rating in a research note on Thursday, August 14th. Wells Fargo & Company raised their price target on shares of Cisco Systems from $75.00 to $83.00 and gave the company an “overweight” rating in a research note on Thursday, August 14th. Finally, UBS Group raised their price target on shares of Cisco Systems from $70.00 to $74.00 and gave the company a “neutral” rating in a research note on Tuesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat, Cisco Systems has a consensus rating of “Moderate Buy” and a consensus target price of $74.53.
Cisco Systems Trading Down 0.6%
CSCO opened at $67.92 on Friday. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.00 and a quick ratio of 0.91. The company’s 50 day simple moving average is $68.10 and its two-hundred day simple moving average is $64.57. Cisco Systems, Inc. has a 1-year low of $52.11 and a 1-year high of $72.55. The firm has a market capitalization of $268.50 billion, a price-to-earnings ratio of 25.92, a price-to-earnings-growth ratio of 2.87 and a beta of 0.97.
Cisco Systems (NASDAQ:CSCO – Get Free Report) last released its earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share for the quarter, topping analysts’ consensus estimates of $0.98 by $0.01. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. The business had revenue of $14.67 billion for the quarter, compared to analyst estimates of $14.63 billion. During the same period last year, the company posted $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 expect that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.
Cisco Systems Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 22nd. Stockholders of record on Friday, October 3rd will be issued 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 dividend yield of 2.4%. Cisco Systems’s dividend payout ratio (DPR) is currently 62.60%.
Insider Buying and Selling at Cisco Systems
In other news, EVP Deborah L. Stahlkopf sold 2,718 shares of the firm’s stock in a transaction that occurred on Thursday, September 11th. The shares were sold at an average price of $68.08, for a total transaction of $185,041.44. Following the completion of the sale, the executive vice president owned 157,184 shares in the company, valued at $10,701,086.72. This trade represents a 1.70% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Charles Robbins sold 30,557 shares of the firm’s 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 sale, the chief executive officer owned 639,000 shares of the company’s stock, valued at $42,576,570. This represents a 4.56% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 82,965 shares of company stock worth $5,559,996. Insiders own 0.01% of the company’s stock.
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.
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