WBH Advisory Inc. Cuts Stock Position in Cisco Systems, Inc. $CSCO

WBH Advisory Inc. cut its stake in Cisco Systems, Inc. (NASDAQ:CSCO) by 7.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 37,655 shares of the network equipment provider’s stock after selling 3,064 shares during the quarter. WBH Advisory Inc.’s holdings in Cisco Systems were worth $2,612,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in CSCO. Kornitzer Capital Management Inc. KS boosted its position in Cisco Systems by 0.7% during the first quarter. Kornitzer Capital Management Inc. KS now owns 892,064 shares of the network equipment provider’s stock worth $55,049,000 after acquiring an additional 6,501 shares during the last quarter. Golden State Wealth Management LLC lifted its stake in 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 worth $389,000 after purchasing an additional 612 shares in the last quarter. Shell Asset Management Co. boosted its holdings in shares of Cisco Systems by 53.3% during the 2nd quarter. Shell Asset Management Co. now owns 77,234 shares of the network equipment provider’s stock worth $5,358,000 after purchasing an additional 26,840 shares during the last quarter. Acadian Asset Management LLC grew its position in shares of Cisco Systems by 255.9% in the first quarter. Acadian Asset Management LLC now owns 7,819,547 shares of the network equipment provider’s stock valued at $482,509,000 after purchasing an additional 5,622,672 shares in the last quarter. Finally, Banque Pictet & Cie SA increased its holdings in shares of Cisco Systems by 1.0% in the second quarter. Banque Pictet & Cie SA now owns 55,168 shares of the network equipment provider’s stock valued at $3,813,000 after purchasing an additional 535 shares during the last quarter. 73.33% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms have weighed in on CSCO. William Blair raised Cisco Systems to a “hold” rating in a research note on Thursday, August 14th. Hsbc Global Res cut shares of Cisco Systems from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 15th. Morgan Stanley upped their price objective on shares of Cisco Systems from $73.00 to $77.00 and gave the company an “overweight” rating in a report on Friday, October 10th. Wolfe Research initiated coverage on shares of Cisco Systems in a research note on Tuesday, July 8th. They set a “peer perform” rating on the stock. Finally, Rosenblatt Securities reissued a “buy” rating and issued a $87.00 price target on shares of Cisco Systems in a research note on Thursday, August 14th. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $74.72.

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 stock was sold at an average price of $66.60, for a total transaction of $651,547.80. Following the transaction, the executive vice president owned 161,662 shares of the company’s stock, valued at approximately $10,766,689.20. This represents a 5.71% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Oliver Tuszik sold 17,526 shares of the firm’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 transaction, the executive vice president owned 198,855 shares of the company’s stock, valued at $13,512,197.25. This trade represents a 8.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 82,965 shares of company stock valued at $5,559,996 over the last ninety days. 0.01% of the stock is owned by insiders.

Cisco Systems Stock Up 1.5%

Shares of CSCO opened at $70.13 on Monday. The company’s 50-day moving average price is $68.20 and its 200 day moving average price is $65.19. Cisco Systems, Inc. has a 12-month low of $52.11 and a 12-month high of $72.55. 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 cap of $277.24 billion, a P/E ratio of 26.77, a price-to-earnings-growth ratio of 2.95 and a beta of 0.97.

Cisco Systems (NASDAQ:CSCO) last announced its quarterly earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share for the quarter, beating analysts’ consensus estimates of $0.98 by $0.01. The business had revenue of $14.67 billion during the quarter, compared to analysts’ expectations of $14.63 billion. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. The business’s revenue for the quarter was up 7.6% on a year-over-year basis. During the same period last 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, sell-side analysts forecast that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.

Cisco Systems Dividend Announcement

The company also recently announced 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. The ex-dividend date of this dividend is Friday, October 3rd. This represents a $1.64 dividend on an annualized basis and a yield of 2.3%. Cisco Systems’s payout ratio is presently 62.60%.

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.