Cisco Systems, Inc. $CSCO Shares Sold by Northstar Financial Companies Inc.

Northstar Financial Companies Inc. lessened its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 12.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,094 shares of the network equipment provider’s stock after selling 1,486 shares during the period. Northstar Financial Companies Inc.’s holdings in Cisco Systems were worth $700,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Financial Connections Group Inc. grew its holdings in Cisco Systems by 89.4% in the 2nd 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 in the last quarter. Legacy Investment Solutions LLC acquired a new position in shares of Cisco Systems during the 2nd quarter valued at about $28,000. Pandora Wealth Inc. purchased a new stake in shares of Cisco Systems in the first quarter valued at about $31,000. Nova Wealth Management Inc. purchased a new position in Cisco Systems during the first quarter worth about $31,000. Finally, Brown Shipley& Co Ltd acquired a new position in Cisco Systems in the 2nd quarter valued at about $32,000. 73.33% of the stock is currently owned by hedge funds and other institutional investors.

Cisco Systems Price Performance

CSCO opened at $75.44 on Friday. The firm has a market cap of $297.29 billion, a price-to-earnings ratio of 28.79, a PEG 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 stock’s 50-day moving average price is $70.65 and its 200 day moving average price is $67.95. Cisco Systems, Inc. has a 12-month low of $52.11 and a 12-month high of $80.06.

Cisco Systems (NASDAQ:CSCO) last posted its quarterly earnings data on Wednesday, November 12th. The network equipment provider reported $1.00 EPS for the quarter, beating 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 last year, the firm posted $0.91 earnings per share. The business’s revenue for the quarter was up 7.5% compared to the same quarter last year. 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 expect that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.

Cisco Systems Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 21st. Stockholders of record on Friday, January 2nd will be paid a $0.41 dividend. This represents a $1.64 annualized dividend and a dividend yield of 2.2%. The ex-dividend date is Friday, January 2nd. Cisco Systems’s dividend payout ratio (DPR) is presently 61.65%.

Insider Transactions at Cisco Systems

In related news, EVP Thimaya K. Subaiya sold 56,038 shares of the business’s stock in a transaction on Wednesday, November 19th. The stock was sold at an average price of $78.33, for a total transaction of $4,389,456.54. Following the completion of the transaction, the executive vice president directly owned 179,780 shares of the company’s stock, valued at $14,082,167.40. The trade was a 23.76% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Oliver Tuszik sold 17,526 shares of the stock in a transaction dated Friday, September 19th. The shares were sold at an average price of $67.95, for a total value of $1,190,891.70. Following the completion of the sale, the executive vice president directly owned 198,855 shares in the company, valued at $13,512,197.25. This represents a 8.10% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,017,988 shares of company stock valued at $79,085,621 in the last 90 days. Insiders own 0.01% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently commented on CSCO. Rosenblatt Securities lifted their price target on shares of Cisco Systems from $87.00 to $100.00 and gave the company a “buy” rating in a research report on Thursday, November 13th. BNP Paribas Exane upped their price target on Cisco Systems from $76.00 to $86.00 and gave the company an “outperform” rating in a research note on Thursday, November 13th. Citigroup raised their price objective on Cisco Systems from $80.00 to $85.00 and gave the stock a “buy” rating in a research report on Thursday, November 13th. Citic Securities upped their target price on shares of Cisco Systems from $75.00 to $90.00 in a research report on Monday. Finally, Bank of America increased their target price on shares of Cisco Systems from $85.00 to $95.00 and gave the stock a “buy” rating in a research note on Thursday, November 13th. Seventeen research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $84.14.

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.