Kingsview Wealth Management LLC Raises Stock Position in Cisco Systems, Inc. $CSCO

Kingsview Wealth Management LLC lifted its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 5.7% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 76,268 shares of the network equipment provider’s stock after acquiring an additional 4,140 shares during the quarter. Kingsview Wealth Management LLC’s holdings in Cisco Systems were worth $5,291,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Kingstone Capital Partners Texas LLC acquired a new position in shares of Cisco Systems during the second quarter worth $904,542,000. Goldman Sachs Group Inc. increased its stake in Cisco Systems by 37.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 46,973,293 shares of the network equipment provider’s stock worth $2,898,722,000 after buying an additional 12,775,066 shares during the period. Nuveen LLC acquired a new position in Cisco Systems in the 1st quarter worth $750,495,000. Pacer Advisors Inc. boosted its position in Cisco Systems by 1,144.2% in the 1st quarter. Pacer Advisors Inc. now owns 8,120,886 shares of the network equipment provider’s stock valued at $501,140,000 after buying an additional 7,468,212 shares during the last quarter. Finally, Acadian Asset Management LLC grew its stake in shares of Cisco Systems by 255.9% during the first quarter. Acadian Asset Management LLC now owns 7,819,547 shares of the network equipment provider’s stock valued at $482,509,000 after acquiring an additional 5,622,672 shares in the last quarter. 73.33% of the stock is owned by hedge funds and other institutional investors.

Cisco Systems Price Performance

Shares of CSCO opened at $77.78 on Tuesday. Cisco Systems, Inc. has a 12 month low of $52.11 and a 12 month high of $79.50. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.00 and a quick ratio of 0.91. The stock has a fifty day moving average price of $70.08 and a 200 day moving average price of $67.70. The company has a market cap of $306.51 billion, a P/E ratio of 29.69, a PEG ratio of 3.00 and a beta of 0.95.

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

Cisco Systems Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 21st. Investors of record on Friday, January 2nd will be given a $0.41 dividend. This represents a $1.64 annualized dividend and a yield of 2.1%. The ex-dividend date is Friday, January 2nd. Cisco Systems’s dividend payout ratio (DPR) is currently 61.65%.

Analyst Upgrades and Downgrades

CSCO has been the subject of a number of recent analyst reports. Rosenblatt Securities raised their price objective on Cisco Systems from $87.00 to $100.00 and gave the company a “buy” rating in a research note on Thursday, November 13th. CICC Research boosted their target price on shares of Cisco Systems from $78.00 to $84.00 and gave the stock an “outperform” rating in a research report on Friday. Citigroup increased their price target on shares of Cisco Systems from $80.00 to $85.00 and gave the stock a “buy” rating in a research report on Thursday, November 13th. Hsbc Global Res lowered Cisco Systems from a “strong-buy” rating to a “hold” rating in a report on Friday, August 15th. Finally, JPMorgan Chase & Co. increased their target price on Cisco Systems from $80.00 to $90.00 and gave the stock an “overweight” rating in a report on Thursday, November 13th. Sixteen investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $84.05.

Insiders Place Their Bets

In other news, EVP Deborah L. Stahlkopf sold 2,718 shares of the stock in a transaction 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 transaction, the executive vice president owned 157,184 shares of the company’s stock, valued at approximately $10,701,086.72. This represents a 1.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, SVP Maria Victoria Wong sold 428 shares of Cisco Systems stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $68.25, for a total transaction of $29,211.00. Following the sale, the senior vice president owned 30,619 shares in the company, valued at approximately $2,089,746.75. This represents a 1.38% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 33,089 shares of company stock worth $2,236,383 over the last 90 days. Insiders own 0.01% of the company’s stock.

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.