Welch Group LLC Acquires 11,636 Shares of Cisco Systems, Inc. $CSCO

Welch Group LLC boosted its holdings in Cisco Systems, Inc. (NASDAQ:CSCO) by 1.2% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 956,197 shares of the network equipment provider’s stock after acquiring an additional 11,636 shares during the period. Cisco Systems accounts for about 2.8% of Welch Group LLC’s portfolio, making the stock its 10th largest holding. Welch Group LLC’s holdings in Cisco Systems were worth $66,341,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in CSCO. Brighton Jones LLC lifted its holdings in Cisco Systems by 49.5% in the fourth quarter. Brighton Jones LLC now owns 74,187 shares of the network equipment provider’s stock valued at $4,392,000 after acquiring an additional 24,562 shares during the last quarter. Revolve Wealth Partners LLC raised its position in Cisco Systems by 37.0% in the fourth quarter. Revolve Wealth Partners LLC now owns 9,156 shares of the network equipment provider’s stock valued at $542,000 after purchasing an additional 2,474 shares during the period. GAMMA Investing LLC raised its position in Cisco Systems by 16.6% in the first quarter. GAMMA Investing LLC now owns 108,871 shares of the network equipment provider’s stock valued at $6,718,000 after purchasing an additional 15,514 shares during the period. Elevation Point Wealth Partners LLC raised its position in Cisco Systems by 92.7% in the first quarter. Elevation Point Wealth Partners LLC now owns 26,867 shares of the network equipment provider’s stock valued at $1,658,000 after purchasing an additional 12,925 shares during the period. Finally, Azzad Asset Management Inc. ADV raised its position in Cisco Systems by 1.3% in the first quarter. Azzad Asset Management Inc. ADV now owns 41,627 shares of the network equipment provider’s stock valued at $2,569,000 after purchasing an additional 527 shares during the period. 73.33% of the stock is currently owned by institutional investors and hedge funds.

Cisco Systems Stock Down 2.9%

Cisco Systems stock opened at $67.94 on Monday. Cisco Systems, Inc. has a twelve month low of $52.11 and a twelve month high of $72.55. The stock’s fifty day simple moving average is $68.24 and its 200-day simple moving average is $64.90. The company has a current ratio of 1.00, a quick ratio of 0.91 and a debt-to-equity ratio of 0.49. The firm has a market capitalization of $268.58 billion, a P/E ratio of 25.93, a P/E/G ratio of 2.86 and a beta of 0.97.

Cisco Systems (NASDAQ:CSCO) last posted its quarterly earnings data 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 return on equity of 27.06% and a net margin of 18.45%.The business had revenue of $14.67 billion for the quarter, compared to analyst estimates of $14.63 billion. During the same quarter in the prior year, the company earned $0.87 earnings per share. The company’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. As a group, equities analysts expect that Cisco Systems, Inc. will post 3.04 earnings per share for the current fiscal year.

Cisco Systems Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 22nd. Investors 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 dividend yield of 2.4%. Cisco Systems’s payout ratio is presently 62.60%.

Analyst Ratings Changes

CSCO has been the topic of a number of research analyst reports. Hsbc Global Res lowered Cisco Systems from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 15th. Piper Sandler boosted their target price on Cisco Systems from $64.00 to $70.00 and gave the company a “neutral” rating in a research report on Thursday, August 14th. JPMorgan Chase & Co. boosted their target price on Cisco Systems from $73.00 to $78.00 and gave the company an “overweight” rating in a research report on Thursday, July 17th. William Blair raised Cisco Systems to a “hold” rating in a research report on Thursday, August 14th. Finally, Wolfe Research started coverage on Cisco Systems in a research report on Tuesday, July 8th. They issued a “peer perform” rating on the stock. One research 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. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $74.89.

Insider Activity

In related news, EVP Oliver Tuszik sold 17,526 shares of the business’s stock in a transaction on Friday, September 19th. The shares were sold at an average price of $67.95, for a total transaction of $1,190,891.70. Following the completion of the transaction, the executive vice president owned 198,855 shares in the company, valued at approximately $13,512,197.25. The trade was a 8.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Thimaya K. Subaiya sold 7,511 shares of the business’s stock in a transaction on Wednesday, August 20th. The stock was sold at an average price of $66.84, for a total transaction of $502,035.24. Following the transaction, the executive vice president owned 161,467 shares of the company’s stock, valued at approximately $10,792,454.28. The trade was a 4.44% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 82,965 shares of company stock valued at $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.