Cisco Systems, Inc. $CSCO Stock Holdings Decreased by Shoker Investment Counsel Inc.

Shoker Investment Counsel Inc. lessened its stake in Cisco Systems, Inc. (NASDAQ:CSCO) by 3.0% during the second quarter, HoldingsChannel.com reports. The firm owned 60,119 shares of the network equipment provider’s stock after selling 1,856 shares during the period. Cisco Systems makes up approximately 1.3% of Shoker Investment Counsel Inc.’s holdings, making the stock its 18th biggest holding. Shoker Investment Counsel Inc.’s holdings in Cisco Systems were worth $4,171,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Postrock Partners LLC increased its holdings in shares of Cisco Systems by 4.5% in the 2nd quarter. Postrock Partners LLC now owns 3,480 shares of the network equipment provider’s stock valued at $241,000 after acquiring an additional 150 shares during the last quarter. Mount Vernon Associates Inc. MD raised its stake in shares of Cisco Systems by 0.4% during the second quarter. Mount Vernon Associates Inc. MD now owns 41,379 shares of the network equipment provider’s stock valued at $2,871,000 after purchasing an additional 150 shares in the last quarter. Lion Street Advisors LLC raised its position in shares of Cisco Systems by 0.7% during the 2nd quarter. Lion Street Advisors LLC now owns 20,694 shares of the network equipment provider’s stock worth $1,436,000 after buying an additional 152 shares in the last quarter. Boyd Watterson Asset Management LLC OH boosted its stake in Cisco Systems by 1.5% during the 2nd quarter. Boyd Watterson Asset Management LLC OH now owns 10,445 shares of the network equipment provider’s stock valued at $725,000 after purchasing an additional 152 shares in the last quarter. Finally, Balboa Wealth Partners lifted its holdings in Cisco Systems by 1.7% in the 2nd quarter. Balboa Wealth Partners now owns 9,150 shares of the network equipment provider’s stock valued at $635,000 after acquiring an additional 153 shares during the last quarter. 73.33% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

CSCO has been the topic of a number of recent research reports. Erste Group Bank upgraded Cisco Systems from a “hold” rating to a “buy” rating in a report on Monday, November 10th. Rosenblatt Securities boosted their price target on Cisco Systems from $87.00 to $100.00 and gave the company a “buy” rating in a research note on Thursday, November 13th. Morgan Stanley raised their target price on Cisco Systems from $77.00 to $82.00 and gave the company an “overweight” rating in a report on Thursday, November 13th. Melius Research upped their price objective on shares of Cisco Systems from $84.00 to $100.00 and gave the stock a “buy” rating in a report on Thursday, November 13th. Finally, Wells Fargo & Company raised their target price on Cisco Systems from $83.00 to $95.00 and gave the company an “overweight” rating in a report on Thursday, November 13th. Sixteen research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $84.05.

Insider Activity

In other news, SVP Maria Victoria Wong sold 3,162 shares of the company’s stock in a transaction dated Monday, August 25th. The shares were sold at an average price of $67.28, for a total transaction of $212,739.36. Following the completion of the transaction, the senior vice president directly owned 31,468 shares of the company’s stock, valued at approximately $2,117,167.04. This represents a 9.13% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Oliver Tuszik sold 17,526 shares of the stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $67.95, for a total transaction of $1,190,891.70. Following the sale, the executive vice president owned 198,855 shares of the company’s stock, valued at approximately $13,512,197.25. This represents a 8.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 33,089 shares of company stock worth $2,236,383 over the last ninety days. 0.01% of the stock is owned by insiders.

Cisco Systems Trading Down 0.3%

Shares of CSCO stock opened at $77.78 on Tuesday. The business has a 50-day moving average of $70.08 and a 200 day moving average of $67.70. 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, Inc. has a 1-year low of $52.11 and a 1-year high of $79.50. The stock has a market capitalization of $306.51 billion, a PE ratio of 29.69, a P/E/G ratio of 3.00 and a beta of 0.95.

Cisco Systems (NASDAQ:CSCO) last announced its quarterly earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 EPS for the quarter, topping analysts’ consensus estimates of $0.98 by $0.02. The business had revenue of $14.88 billion for the quarter, compared to analysts’ expectations of $14.77 billion. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The business’s quarterly revenue was up 7.5% on a year-over-year basis. During the same period in the previous year, the firm earned $0.91 EPS. Cisco Systems has set its FY 2026 guidance at 4.080-4.140 EPS. Q2 2026 guidance at 1.010-1.030 EPS. As a group, sell-side analysts anticipate that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.

Cisco Systems Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 21st. Shareholders of record on Friday, January 2nd will be issued a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend is Friday, January 2nd. Cisco Systems’s dividend payout ratio (DPR) is 61.65%.

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.