MeadowBrook Investment Advisors LLC Sells 935 Shares of Cisco Systems, Inc. $CSCO

MeadowBrook Investment Advisors LLC decreased its position in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 7.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 12,029 shares of the network equipment provider’s stock after selling 935 shares during the quarter. MeadowBrook Investment Advisors LLC’s holdings in Cisco Systems were worth $835,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Grant Street Asset Management Inc. acquired a new position in shares of Cisco Systems in the 2nd quarter valued at approximately $212,000. Assetmark Inc. grew its position in shares of Cisco Systems by 21.9% in the 2nd quarter. Assetmark Inc. now owns 118,695 shares of the network equipment provider’s stock valued at $8,235,000 after purchasing an additional 21,318 shares during the period. Premier Path Wealth Partners LLC grew its position in shares of Cisco Systems by 7.7% in the 2nd quarter. Premier Path Wealth Partners LLC now owns 22,419 shares of the network equipment provider’s stock valued at $1,555,000 after purchasing an additional 1,608 shares during the period. Buck Wealth Strategies LLC grew its position in shares of Cisco Systems by 8.8% in the 2nd quarter. Buck Wealth Strategies LLC now owns 192,084 shares of the network equipment provider’s stock valued at $13,327,000 after purchasing an additional 15,460 shares during the period. Finally, World Investment Advisors grew its position in shares of Cisco Systems by 5.1% in the 2nd quarter. World Investment Advisors now owns 168,635 shares of the network equipment provider’s stock valued at $11,700,000 after purchasing an additional 8,232 shares during the period. Institutional investors own 73.33% of the company’s stock.

Insider Activity at Cisco Systems

In other news, CEO Charles Robbins sold 30,557 shares of the company’s stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $66.63, for a total transaction of $2,036,012.91. Following the sale, the chief executive officer owned 639,000 shares in the company, valued at $42,576,570. This represents a 4.56% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, SVP Maria Victoria Wong sold 428 shares of the company’s stock in a transaction that occurred on Thursday, September 11th. The stock was sold at an average price of $68.25, for a total value of $29,211.00. Following the sale, the senior vice president owned 30,619 shares in the company, valued at approximately $2,089,746.75. This represents a 1.38% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 82,965 shares of company stock worth $5,559,996. Insiders own 0.01% of the company’s stock.

Cisco Systems Trading Down 1.8%

NASDAQ:CSCO opened at $71.33 on Thursday. Cisco Systems, Inc. has a twelve month low of $52.11 and a twelve month high of $72.82. The company has a quick ratio of 0.91, a current ratio of 1.00 and a debt-to-equity ratio of 0.49. The business has a 50 day moving average price of $68.59 and a two-hundred day moving average price of $66.05. The company has a market cap of $281.98 billion, a P/E ratio of 27.23, a price-to-earnings-growth ratio of 3.05 and a beta of 0.97.

Cisco Systems (NASDAQ:CSCO) last released its quarterly earnings results 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 firm had revenue of $14.67 billion during the quarter, compared to the consensus estimate of $14.63 billion. During the same quarter in the prior year, the firm 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. As a group, analysts expect that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.

Cisco Systems Dividend Announcement

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

Analysts Set New Price Targets

Several equities analysts recently issued reports on CSCO shares. Morgan Stanley boosted their price objective on Cisco Systems from $73.00 to $77.00 and gave the company an “overweight” rating in a research report on Friday, October 10th. Wolfe Research started coverage on Cisco Systems in a research report on Tuesday, July 8th. They issued a “peer perform” rating for the company. William Blair upgraded Cisco Systems to a “hold” rating in a research report on Thursday, August 14th. Wells Fargo & Company boosted their price objective on Cisco Systems from $75.00 to $83.00 and gave the company an “overweight” rating in a research report on Thursday, August 14th. Finally, Barclays boosted their price objective on Cisco Systems from $66.00 to $71.00 and gave the company an “equal weight” rating in a research report on Thursday, August 14th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat, Cisco Systems has a consensus rating of “Moderate Buy” and an average 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.