Simon Quick Advisors LLC Boosts Holdings in Cisco Systems, Inc. $CSCO

Simon Quick Advisors LLC boosted its position in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 24.5% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 36,832 shares of the network equipment provider’s stock after acquiring an additional 7,248 shares during the period. Simon Quick Advisors LLC’s holdings in Cisco Systems were worth $2,555,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Financial Connections Group Inc. lifted its position in Cisco Systems by 89.4% during the second quarter. Financial Connections Group Inc. now owns 409 shares of the network equipment provider’s stock valued at $28,000 after acquiring an additional 193 shares during the last quarter. Brown Shipley& Co Ltd purchased a new stake in Cisco Systems during the second quarter valued at approximately $32,000. Pandora Wealth Inc. purchased a new stake in Cisco Systems during the first quarter valued at approximately $31,000. Nova Wealth Management Inc. purchased a new stake in Cisco Systems during the first quarter valued at approximately $31,000. Finally, Fairway Wealth LLC raised its holdings in shares of Cisco Systems by 224.7% in the first quarter. Fairway Wealth LLC now owns 578 shares of the network equipment provider’s stock worth $36,000 after buying an additional 400 shares during the last quarter. Hedge funds and other institutional investors own 73.33% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on CSCO shares. Evercore ISI raised their price target on shares of Cisco Systems from $72.00 to $74.00 and gave the stock an “in-line” rating in a report on Thursday, August 14th. Bank of America raised their price target on shares of Cisco Systems from $76.00 to $85.00 and gave the stock a “buy” rating in a report on Thursday, August 14th. Wells Fargo & Company raised their price target on shares of Cisco Systems from $75.00 to $83.00 and gave the stock an “overweight” rating in a report on Thursday, August 14th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $87.00 price target on shares of Cisco Systems in a report on Thursday, August 14th. Finally, Barclays raised their price target on shares of Cisco Systems from $66.00 to $71.00 and gave the stock an “equal weight” rating in a report on Thursday, August 14th. One equities research 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. According to data from MarketBeat.com, Cisco Systems currently has a consensus rating of “Moderate Buy” and a consensus target price of $74.72.

Cisco Systems Stock Up 2.2%

NASDAQ:CSCO opened at $72.91 on Friday. The firm has a market capitalization 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, Inc. has a 1-year low of $52.11 and a 1-year high of $73.11. The company’s fifty day moving average price is $68.71 and its 200-day moving average price is $66.10. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.00 and a quick ratio of 0.91.

Cisco Systems (NASDAQ:CSCO) last released 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. The firm had revenue of $14.67 billion for the quarter, compared to analyst estimates of $14.63 billion. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. The business’s quarterly revenue was up 7.6% compared to the same quarter last year. During the same quarter in the prior 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. As a group, equities research analysts anticipate that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 22nd. Investors of record on Friday, October 3rd were given a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a yield of 2.2%. The ex-dividend date was Friday, October 3rd. Cisco Systems’s dividend payout ratio (DPR) is currently 62.60%.

Insider Activity at Cisco Systems

In related news, EVP Thimaya K. Subaiya sold 1,744 shares of the firm’s stock in a transaction on Friday, September 12th. The shares were sold at an average price of $66.78, for a total transaction of $116,464.32. Following the sale, the executive vice president owned 158,009 shares in the company, valued at approximately $10,551,841.02. This trade represents a 1.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Charles Robbins sold 30,557 shares of the firm’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 sale, the chief executive officer owned 639,000 shares in the company, valued at approximately $42,576,570. This represents a 4.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 82,965 shares of company stock valued at $5,559,996 in the last quarter. 0.01% of the stock is currently owned by insiders.

Cisco Systems Company 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.