Resonant Capital Advisors LLC Buys 5,996 Shares of Cisco Systems, Inc. $CSCO

Resonant Capital Advisors LLC raised its stake in Cisco Systems, Inc. (NASDAQ:CSCO) by 9.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 71,896 shares of the network equipment provider’s stock after purchasing an additional 5,996 shares during the period. Resonant Capital Advisors LLC’s holdings in Cisco Systems were worth $4,988,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Postrock Partners LLC increased its position in Cisco Systems by 4.5% in the 2nd quarter. Postrock Partners LLC now owns 3,480 shares of the network equipment provider’s stock valued at $241,000 after buying an additional 150 shares in the last quarter. Mount Vernon Associates Inc. MD grew its stake in Cisco Systems by 0.4% in the second quarter. Mount Vernon Associates Inc. MD now owns 41,379 shares of the network equipment provider’s stock valued at $2,871,000 after acquiring an additional 150 shares during the period. Lion Street Advisors LLC increased its holdings in shares of Cisco Systems by 0.7% during the second quarter. Lion Street Advisors LLC now owns 20,694 shares of the network equipment provider’s stock valued at $1,436,000 after acquiring an additional 152 shares in the last quarter. Balboa Wealth Partners raised its position in shares of Cisco Systems by 1.7% during the second quarter. Balboa Wealth Partners now owns 9,150 shares of the network equipment provider’s stock worth $635,000 after purchasing an additional 153 shares during the period. Finally, Pacifica Partners Inc. lifted its holdings in shares of Cisco Systems by 0.5% in the 2nd quarter. Pacifica Partners Inc. now owns 34,060 shares of the network equipment provider’s stock worth $2,338,000 after purchasing an additional 155 shares in the last quarter. Institutional investors own 73.33% of the company’s stock.

Insider Activity at Cisco Systems

In other Cisco Systems news, EVP Oliver Tuszik sold 17,526 shares of the business’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 directly owned 198,855 shares in the company, valued at $13,512,197.25. The trade was a 8.10% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Charles Robbins sold 30,557 shares of the stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $66.63, for a total transaction of $2,036,012.91. Following the transaction, the chief executive officer directly owned 639,000 shares of the company’s stock, valued at $42,576,570. This represents a 4.56% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 82,965 shares of company stock worth $5,559,996. 0.01% of the stock is owned by company insiders.

Cisco Systems Trading Up 0.5%

NASDAQ:CSCO opened at $70.63 on Friday. Cisco Systems, Inc. has a 52 week low of $52.11 and a 52 week high of $72.55. The firm has a 50-day moving average price of $68.30 and a two-hundred day moving average price of $65.70. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.91 and a current ratio of 1.00. The firm has a market cap of $279.21 billion, a price-to-earnings ratio of 26.96, a price-to-earnings-growth ratio of 2.97 and a beta of 0.97.

Cisco Systems (NASDAQ:CSCO) last released its earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share (EPS) 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 return on equity of 27.06% and a net margin of 18.45%.Cisco Systems’s quarterly revenue was up 7.6% on a year-over-year basis. During the same period in the prior year, the company posted $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, equities analysts expect that Cisco Systems, Inc. will post 3.04 earnings per share for the current fiscal year.

Cisco Systems Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 22nd. Stockholders of record on Friday, October 3rd were given a dividend of $0.41 per share. The ex-dividend date of this dividend was Friday, October 3rd. This represents a $1.64 annualized dividend and a dividend yield of 2.3%. Cisco Systems’s dividend payout ratio (DPR) is currently 62.60%.

Analyst Ratings Changes

Several research firms have weighed in on CSCO. Hsbc Global Res downgraded shares of Cisco Systems from a “strong-buy” rating to a “hold” rating in a report on Friday, August 15th. Weiss Ratings restated a “buy (b-)” rating on shares of Cisco Systems in a report on Wednesday, October 8th. 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 report on Tuesday, August 5th. Piper Sandler boosted their price objective on Cisco Systems from $64.00 to $70.00 and gave the stock a “neutral” rating in a report on Thursday, August 14th. Finally, HSBC restated a “hold” rating and issued a $69.00 target price on shares of Cisco Systems in a report on Friday, August 15th. One analyst has rated the stock with a Strong Buy rating, thirteen have given 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 a consensus target price of $74.72.

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.