Cisco Systems, Inc. $CSCO Shares Sold by Murphy Pohlad Asset Management LLC

Murphy Pohlad Asset Management LLC lessened its stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 0.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 63,308 shares of the network equipment provider’s stock after selling 200 shares during the quarter. Cisco Systems accounts for about 1.9% of Murphy Pohlad Asset Management LLC’s holdings, making the stock its 14th biggest holding. Murphy Pohlad Asset Management LLC’s holdings in Cisco Systems were worth $4,392,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently bought and sold shares of the stock. AMG National Trust Bank boosted its stake in Cisco Systems by 2.1% during the second quarter. AMG National Trust Bank now owns 51,012 shares of the network equipment provider’s stock worth $3,539,000 after buying an additional 1,039 shares during the period. Earned Wealth Advisors LLC boosted its stake in Cisco Systems by 10.7% during the second quarter. Earned Wealth Advisors LLC now owns 7,122 shares of the network equipment provider’s stock worth $494,000 after buying an additional 690 shares during the period. IFG Advisory LLC boosted its stake in Cisco Systems by 1.8% during the second quarter. IFG Advisory LLC now owns 84,396 shares of the network equipment provider’s stock worth $5,855,000 after buying an additional 1,515 shares during the period. Terril Brothers Inc. purchased a new position in Cisco Systems during the second quarter worth about $219,000. Finally, Amplius Wealth Advisors LLC boosted its stake in Cisco Systems by 4.2% during the second quarter. Amplius Wealth Advisors LLC now owns 7,817 shares of the network equipment provider’s stock worth $542,000 after buying an additional 317 shares during the period. Hedge funds and other institutional investors own 73.33% of the company’s stock.

Insiders Place Their Bets

In other news, EVP Deborah L. Stahlkopf sold 9,783 shares of Cisco Systems stock in a transaction on Friday, August 15th. The shares were sold at an average price of $66.60, for a total value of $651,547.80. Following the transaction, the executive vice president directly owned 161,662 shares of the company’s stock, valued at $10,766,689.20. The trade was a 5.71% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Charles Robbins sold 30,557 shares of the business’s stock in a transaction 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 completion of the transaction, the chief executive officer directly owned 639,000 shares in the company, valued at $42,576,570. This represents a 4.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 82,965 shares of company stock worth $5,559,996. Corporate insiders own 0.01% of the company’s stock.

Cisco Systems Stock Up 2.2%

CSCO stock opened at $72.91 on Friday. The company has a current ratio of 1.00, a quick ratio of 0.91 and a debt-to-equity ratio of 0.49. Cisco Systems, Inc. has a twelve month low of $52.11 and a twelve month high of $73.11. The company’s 50 day moving average is $68.71 and its two-hundred day moving average is $66.10. The stock has a market cap of $287.32 billion, a P/E ratio of 27.83, a PEG ratio of 3.00 and a beta of 0.97.

Cisco Systems (NASDAQ:CSCO) last announced its 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. The business had revenue of $14.67 billion for 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 company’s quarterly revenue was up 7.6% on a year-over-year basis. During the same period in the previous year, the company posted $0.87 EPS. Cisco Systems has set its Q1 2026 guidance at 0.970-0.990 EPS. FY 2026 guidance at 4.000-4.060 EPS. Research analysts expect that Cisco Systems, Inc. will post 3.04 earnings per share for the current fiscal year.

Cisco Systems Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 22nd. Stockholders of record on Friday, October 3rd were issued a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend was Friday, October 3rd. Cisco Systems’s payout ratio is presently 62.60%.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. CICC Research started coverage on shares of Cisco Systems in a research note on Monday, July 14th. They set an “outperform” rating and a $78.00 target price for the company. Morgan Stanley raised their price objective on shares of Cisco Systems from $73.00 to $77.00 and gave the company an “overweight” rating in a research note on Friday, October 10th. Evercore ISI raised their price objective on shares of Cisco Systems from $72.00 to $74.00 and gave the company an “in-line” rating in a research note on Thursday, August 14th. Bank of America raised their price objective on shares of Cisco Systems from $76.00 to $85.00 and gave the company a “buy” rating in a research note on Thursday, August 14th. Finally, Hsbc Global Res lowered shares of Cisco Systems from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 15th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus 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.