Yacktman Asset Management LP Has $26.79 Million Holdings in Cisco Systems, Inc. $CSCO

Yacktman Asset Management LP reduced its position in Cisco Systems, Inc. (NASDAQ:CSCO) by 12.8% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 386,100 shares of the network equipment provider’s stock after selling 56,814 shares during the quarter. Yacktman Asset Management LP’s holdings in Cisco Systems were worth $26,788,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in CSCO. Brighton Jones LLC increased its holdings in shares of Cisco Systems by 49.5% during the 4th quarter. Brighton Jones LLC now owns 74,187 shares of the network equipment provider’s stock valued at $4,392,000 after acquiring an additional 24,562 shares during the last quarter. Revolve Wealth Partners LLC increased its holdings in shares of Cisco Systems by 37.0% during the 4th quarter. Revolve Wealth Partners LLC now owns 9,156 shares of the network equipment provider’s stock valued at $542,000 after acquiring an additional 2,474 shares during the last quarter. Trek Financial LLC increased its holdings in shares of Cisco Systems by 4.6% during the 1st quarter. Trek Financial LLC now owns 5,438 shares of the network equipment provider’s stock valued at $336,000 after acquiring an additional 238 shares during the last quarter. Silverlake Wealth Management LLC increased its holdings in shares of Cisco Systems by 3.7% during the 1st quarter. Silverlake Wealth Management LLC now owns 8,232 shares of the network equipment provider’s stock valued at $508,000 after acquiring an additional 296 shares during the last quarter. Finally, CORDA Investment Management LLC. increased its holdings in shares of Cisco Systems by 45.5% during the 1st quarter. CORDA Investment Management LLC. now owns 56,184 shares of the network equipment provider’s stock valued at $3,467,000 after acquiring an additional 17,573 shares during the last quarter. Institutional investors and hedge funds own 73.33% of the company’s stock.

Insider Buying and Selling

In other Cisco Systems news, EVP Deborah L. Stahlkopf sold 2,718 shares of the firm’s stock in a transaction that occurred on Thursday, September 11th. The stock was sold at an average price of $68.08, for a total value of $185,041.44. Following the completion of the sale, the executive vice president owned 157,184 shares in the company, valued at approximately $10,701,086.72. This trade represents a 1.70% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Charles Robbins sold 30,557 shares of the firm’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 value of $2,036,012.91. Following the completion of the sale, the chief executive officer owned 639,000 shares of the company’s stock, valued at $42,576,570. This represents a 4.56% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 82,965 shares of company stock worth $5,559,996. 0.01% of the stock is currently owned by corporate insiders.

Cisco Systems Price Performance

Shares of CSCO stock opened at $72.10 on Thursday. The stock has a 50 day moving average of $69.12 and a two-hundred day moving average of $66.63. 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 12 month low of $52.11 and a 12 month high of $74.84. The company has a market capitalization of $284.13 billion, a P/E ratio of 27.52, a P/E/G ratio of 3.00 and a beta of 0.97.

Cisco Systems (NASDAQ:CSCO) last announced its quarterly earnings data on Wednesday, August 13th. The network equipment provider reported $0.99 EPS 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 company had revenue of $14.67 billion during the quarter, compared to the consensus estimate of $14.63 billion. During the same quarter last year, the company earned $0.87 EPS. The company’s quarterly 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, equities analysts expect that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 22nd. Shareholders of record on Friday, October 3rd were given a $0.41 dividend. 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 (DPR) is currently 62.60%.

Analyst Ratings Changes

A number of brokerages have recently commented on CSCO. CICC Research began coverage on Cisco Systems in a report on Monday, July 14th. They set an “outperform” rating and a $78.00 price objective on the stock. Rosenblatt Securities restated a “buy” rating and set a $87.00 target price on shares of Cisco Systems in a research note on Thursday, August 14th. Bank of America increased their target price on Cisco Systems from $76.00 to $85.00 and gave the company a “buy” rating in a research note on Thursday, August 14th. William Blair upgraded Cisco Systems to a “hold” rating in a research note on Thursday, August 14th. Finally, Wall Street Zen downgraded Cisco Systems from a “strong-buy” rating to a “buy” rating in a research note on Saturday, July 12th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat, Cisco Systems currently has an average rating of “Moderate Buy” and a consensus price target of $75.50.

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.