Marco Investment Management LLC Increases Position in Cisco Systems, Inc. $CSCO

Marco Investment Management LLC raised its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 0.7% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 308,180 shares of the network equipment provider’s stock after purchasing an additional 2,026 shares during the period. Cisco Systems accounts for 1.8% of Marco Investment Management LLC’s portfolio, making the stock its 18th largest position. Marco Investment Management LLC’s holdings in Cisco Systems were worth $21,382,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. Financial Connections Group Inc. raised its stake 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 buying an additional 193 shares during the last quarter. Pandora Wealth Inc. bought a new position in shares of Cisco Systems during the first quarter valued at $31,000. Nova Wealth Management Inc. bought a new position in shares of Cisco Systems during the first quarter valued at $31,000. Brown Shipley& Co Ltd purchased a new position in shares of Cisco Systems in the 2nd quarter worth about $32,000. Finally, Accent Capital Management LLC bought a new position in Cisco Systems in the 1st quarter worth about $36,000. 73.33% of the stock is owned by institutional investors.

Insider Buying and Selling at Cisco Systems

In other news, CEO Charles Robbins sold 30,557 shares of the company’s stock in a transaction dated 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 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, 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 transaction of $185,041.44. Following the completion of the transaction, the executive vice president directly owned 157,184 shares in the company, valued at approximately $10,701,086.72. The trade was a 1.70% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 82,965 shares of company stock worth $5,559,996. 0.01% of the stock is owned by corporate insiders.

Cisco Systems Trading Up 0.0%

NASDAQ:CSCO opened at $71.07 on Friday. The company has a market cap of $280.07 billion, a PE ratio of 27.13, a price-to-earnings-growth ratio of 3.00 and a beta of 0.95. The company has a current ratio of 1.00, a quick ratio of 0.91 and a debt-to-equity ratio of 0.49. The company has a 50 day simple moving average of $69.19 and a two-hundred day simple moving average of $66.78. Cisco Systems, Inc. has a 12 month low of $52.11 and a 12 month high of $74.84.

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, beating the consensus estimate 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 for the quarter, compared to analysts’ expectations of $14.63 billion. During the same period in the prior year, the firm earned $0.87 EPS. The company’s revenue was up 7.6% compared to the same quarter last year. 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 forecast that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.

Cisco Systems Dividend Announcement

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

Analysts Set New Price Targets

CSCO has been the subject of a number of analyst reports. CICC Research began coverage on shares of Cisco Systems in a research note on Monday, July 14th. They set an “outperform” rating and a $78.00 price objective for the company. Rosenblatt Securities reiterated a “buy” rating and set a $87.00 price target on shares of Cisco Systems in a report on Thursday, August 14th. Weiss Ratings reissued a “buy (b)” rating on shares of Cisco Systems in a research report on Thursday, October 30th. Hsbc Global Res lowered shares of Cisco Systems from a “strong-buy” rating to a “hold” rating in a report on Friday, August 15th. Finally, UBS Group upgraded Cisco Systems from a “neutral” rating to a “buy” rating and increased their target price for the company from $74.00 to $88.00 in a research note on Monday, November 3rd. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $75.50.

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.