Firethorn Wealth Partners LLC Purchases 859 Shares of Cisco Systems, Inc. $CSCO

Firethorn Wealth Partners LLC grew its position in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 12.6% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 7,650 shares of the network equipment provider’s stock after purchasing an additional 859 shares during the quarter. Firethorn Wealth Partners LLC’s holdings in Cisco Systems were worth $531,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in CSCO. Brighton Jones LLC raised its holdings in Cisco Systems by 49.5% during the 4th quarter. Brighton Jones LLC now owns 74,187 shares of the network equipment provider’s stock worth $4,392,000 after purchasing an additional 24,562 shares during the last quarter. Revolve Wealth Partners LLC increased its stake in shares of Cisco Systems by 37.0% in the 4th quarter. Revolve Wealth Partners LLC now owns 9,156 shares of the network equipment provider’s stock valued at $542,000 after acquiring an additional 2,474 shares in the last quarter. Foster Group Inc. increased its stake in shares of Cisco Systems by 47.1% in the 1st quarter. Foster Group Inc. now owns 6,654 shares of the network equipment provider’s stock valued at $411,000 after acquiring an additional 2,130 shares in the last quarter. Pines Wealth Management LLC increased its stake in shares of Cisco Systems by 5.3% in the 1st quarter. Pines Wealth Management LLC now owns 17,788 shares of the network equipment provider’s stock valued at $1,098,000 after acquiring an additional 889 shares in the last quarter. Finally, Radnor Capital Management LLC increased its stake in shares of Cisco Systems by 2.7% in the 1st quarter. Radnor Capital Management LLC now owns 52,344 shares of the network equipment provider’s stock valued at $3,230,000 after acquiring an additional 1,395 shares in the last quarter. Institutional investors own 73.33% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently weighed in on CSCO shares. Weiss Ratings reiterated a “buy (b-)” rating on shares of Cisco Systems in a research note on Saturday, September 27th. Wolfe Research started coverage on shares of Cisco Systems in a research note on Tuesday, July 8th. They issued a “peer perform” rating for the company. JPMorgan Chase & Co. lifted their price objective on shares of Cisco Systems from $73.00 to $78.00 and gave the company an “overweight” rating in a research note on Thursday, July 17th. HSBC reiterated a “hold” rating and issued a $69.00 price objective on shares of Cisco Systems in a research note on Friday, August 15th. Finally, CICC Research started coverage on shares of Cisco Systems in a research note on Monday, July 14th. They issued an “outperform” rating and a $78.00 price objective for the company. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $74.53.

Insider Activity at Cisco Systems

In related news, EVP Deborah L. Stahlkopf sold 9,783 shares of the stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $66.60, for a total transaction of $651,547.80. Following the completion of the transaction, the executive vice president owned 161,662 shares in the company, valued at approximately $10,766,689.20. This represents a 5.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Jeetendra I. Patel sold 9,061 shares of the stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $66.60, for a total transaction of $603,462.60. Following the transaction, the insider owned 237,405 shares of the company’s stock, valued at approximately $15,811,173. The trade was a 3.68% 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 90 days. 0.01% of the stock is currently owned by company insiders.

Cisco Systems Price Performance

CSCO opened at $67.92 on Friday. The firm has a market cap of $268.50 billion, a P/E ratio of 25.92, a PEG ratio of 2.85 and a beta of 0.97. The firm has a 50-day moving average of $68.10 and a 200 day moving average of $64.59. 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, Inc. has a fifty-two week low of $52.11 and a fifty-two week high of $72.55.

Cisco Systems (NASDAQ:CSCO) last posted its quarterly earnings results 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 company had revenue of $14.67 billion during the quarter, compared to analyst estimates of $14.63 billion. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. The firm’s revenue for the quarter was up 7.6% on a year-over-year basis. During the same quarter in the prior 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 expect that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 22nd. Investors of record on Friday, October 3rd will be given a dividend of $0.41 per share. The ex-dividend date is Friday, October 3rd. This represents a $1.64 annualized dividend and a yield of 2.4%. Cisco Systems’s dividend payout ratio is presently 62.60%.

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.