Laurel Wealth Advisors LLC Has $472.48 Million Stake in Cisco Systems, Inc. $CSCO

Laurel Wealth Advisors LLC increased its stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 6,778.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,810,012 shares of the network equipment provider’s stock after purchasing an additional 6,711,004 shares during the quarter. Laurel Wealth Advisors LLC’s holdings in Cisco Systems were worth $472,479,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of CSCO. Financial Connections Group Inc. increased its stake in shares of 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 during the period. Legacy Investment Solutions LLC acquired a new stake in Cisco Systems in the second quarter worth about $28,000. Pandora Wealth Inc. bought a new stake in Cisco Systems during the 1st quarter worth about $31,000. Nova Wealth Management Inc. acquired a new position in Cisco Systems during the 1st quarter valued at about $31,000. Finally, Brown Shipley& Co Ltd bought a new position in shares of Cisco Systems in the 2nd quarter valued at about $32,000. Institutional investors and hedge funds own 73.33% of the company’s stock.

Insiders Place Their Bets

In related news, EVP Deborah L. Stahlkopf sold 164,584 shares of the company’s stock in a transaction on Friday, November 14th. The shares were sold at an average price of $77.85, for a total value of $12,812,864.40. Following the completion of the transaction, the executive vice president directly owned 196,738 shares of the company’s stock, valued at approximately $15,316,053.30. This represents a 45.55% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Maria Victoria Wong sold 9,801 shares of the stock in a transaction dated Monday, November 24th. The stock was sold at an average price of $76.38, for a total value of $748,600.38. Following the transaction, the senior vice president owned 33,026 shares of the company’s stock, valued at approximately $2,522,525.88. This trade represents a 22.89% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,024,627 shares of company stock worth $79,621,482 in the last ninety days. 0.01% of the stock is owned by insiders.

Cisco Systems Stock Up 0.2%

NASDAQ:CSCO opened at $76.24 on Tuesday. Cisco Systems, Inc. has a 1 year low of $52.11 and a 1 year high of $80.06. The stock has a 50-day moving average price of $71.02 and a two-hundred day moving average price of $68.31. The stock has a market cap of $301.23 billion, a price-to-earnings ratio of 29.10, 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.

Cisco Systems (NASDAQ:CSCO) last released its quarterly earnings data on Wednesday, November 12th. The network equipment provider reported $1.00 earnings per share for the quarter, beating the consensus estimate of $0.98 by $0.02. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The business had revenue of $14.88 billion for the quarter, compared to analysts’ expectations of $14.77 billion. During the same quarter in the previous year, the business posted $0.91 EPS. Cisco Systems’s revenue for the quarter 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. As a group, equities analysts expect that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.

Cisco Systems Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 21st. Investors of record on Friday, January 2nd will be issued a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis 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%.

Analysts Set New Price Targets

CSCO has been the subject of a number of recent research reports. Melius Research boosted their price target on shares of Cisco Systems from $84.00 to $100.00 and gave the stock a “buy” rating in a research note on Thursday, November 13th. Wells Fargo & Company upped their target price on shares of Cisco Systems from $83.00 to $95.00 and gave the company an “overweight” rating in a research report on Thursday, November 13th. UBS Group raised their price target on Cisco Systems from $88.00 to $90.00 and gave the stock a “buy” rating in a research report on Thursday, November 13th. CICC Research upped their price objective on Cisco Systems from $78.00 to $84.00 and gave the company an “outperform” rating in a report on Friday, November 14th. Finally, Bank of America raised their target price on Cisco Systems from $85.00 to $95.00 and gave the stock a “buy” rating in a report on Thursday, November 13th. Seventeen investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat.com, Cisco Systems presently has an average rating of “Moderate Buy” and a consensus price target of $84.14.

Cisco Systems 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.