Cwm LLC lifted its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCO – Free Report) by 2.2% in the second quarter, Holdings Channel.com reports. The institutional investor owned 1,187,375 shares of the network equipment provider’s stock after acquiring an additional 25,507 shares during the period. Cwm LLC’s holdings in Cisco Systems were worth $82,380,000 at the end of the most recent reporting period.
A number of other institutional investors also recently modified their holdings of the business. Transcendent Capital Group LLC acquired a new position in shares of Cisco Systems during the 2nd quarter worth $232,000. Board of the Pension Protection Fund raised its holdings in shares of Cisco Systems by 93.5% during the 2nd quarter. Board of the Pension Protection Fund now owns 24,000 shares of the network equipment provider’s stock worth $1,665,000 after buying an additional 11,600 shares in the last quarter. Vanguard Personalized Indexing Management LLC raised its holdings in shares of Cisco Systems by 16.9% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 621,032 shares of the network equipment provider’s stock worth $43,125,000 after buying an additional 89,639 shares in the last quarter. Concurrent Investment Advisors LLC raised its holdings in shares of Cisco Systems by 8.3% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 214,491 shares of the network equipment provider’s stock worth $14,881,000 after buying an additional 16,430 shares in the last quarter. Finally, waypoint wealth counsel raised its holdings in shares of Cisco Systems by 4.5% during the 2nd quarter. waypoint wealth counsel now owns 14,062 shares of the network equipment provider’s stock worth $976,000 after buying an additional 607 shares in the last quarter. Institutional investors and hedge funds own 73.33% of the company’s stock.
Insider Transactions at Cisco Systems
In related news, EVP Oliver Tuszik sold 17,526 shares of the company’s stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $67.95, for a total transaction of $1,190,891.70. Following the sale, the executive vice president owned 198,855 shares in the company, valued at $13,512,197.25. This represents a 8.10% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Deborah L. Stahlkopf sold 2,718 shares of the company’s stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $68.08, for a total value of $185,041.44. Following the sale, the executive vice president owned 157,184 shares in the company, valued at approximately $10,701,086.72. The trade was a 1.70% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 82,965 shares of company stock worth $5,559,996. 0.01% of the stock is currently owned by insiders.
Cisco Systems Trading Down 2.9%
Cisco Systems (NASDAQ:CSCO – Get Free Report) last released its quarterly earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 EPS for the quarter, beating analysts’ consensus estimates of $0.98 by $0.01. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The firm had revenue of $14.67 billion for the quarter, compared to analyst estimates of $14.63 billion. During the same quarter in the previous 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. On average, analysts expect that Cisco Systems, Inc. will post 3.04 EPS for the current year.
Cisco Systems Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 22nd. Shareholders of record on Friday, October 3rd will be given a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Friday, October 3rd. Cisco Systems’s payout ratio is 62.60%.
Wall Street Analyst Weigh In
CSCO has been the subject of a number of research analyst reports. KeyCorp initiated coverage on Cisco Systems in a report on Thursday, June 26th. They set an “overweight” rating and a $77.00 price target for the company. Piper Sandler boosted their price target on Cisco Systems from $64.00 to $70.00 and gave the stock a “neutral” rating in a report on Thursday, August 14th. Wall Street Zen cut Cisco Systems from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 12th. Morgan Stanley upped their target price on Cisco Systems from $73.00 to $77.00 and gave the stock an “overweight” rating in a report on Friday. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Cisco Systems in a report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and ten have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $74.89.
View Our Latest Stock Report on CSCO
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.
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