Klein Pavlis & Peasley Financial Inc. Acquires Shares of 25,300 Cisco Systems, Inc. $CSCO

Klein Pavlis & Peasley Financial Inc. acquired a new stake in Cisco Systems, Inc. (NASDAQ:CSCO) in the third quarter, HoldingsChannel.com reports. The fund acquired 25,300 shares of the network equipment provider’s stock, valued at approximately $1,731,000.

A number of other large investors have also added to or reduced their stakes in the business. Brighton Jones LLC lifted its stake in shares of Cisco Systems by 49.5% during the 4th quarter. Brighton Jones LLC now owns 74,187 shares of the network equipment provider’s stock worth $4,392,000 after buying an additional 24,562 shares during the last quarter. Revolve Wealth Partners LLC raised its holdings in Cisco Systems by 37.0% in the 4th quarter. Revolve Wealth Partners LLC now owns 9,156 shares of the network equipment provider’s stock valued at $542,000 after acquiring an additional 2,474 shares during the period. Sivia Capital Partners LLC lifted its position in Cisco Systems by 7.5% during the second quarter. Sivia Capital Partners LLC now owns 10,178 shares of the network equipment provider’s stock worth $706,000 after acquiring an additional 712 shares during the last quarter. Focus Financial Network Inc. boosted its holdings in shares of Cisco Systems by 19.2% during the second quarter. Focus Financial Network Inc. now owns 30,347 shares of the network equipment provider’s stock worth $2,105,000 after acquiring an additional 4,896 shares during the period. Finally, Signal Advisors Wealth LLC grew its position in shares of Cisco Systems by 6.1% in the second quarter. Signal Advisors Wealth LLC now owns 8,450 shares of the network equipment provider’s stock valued at $586,000 after purchasing an additional 485 shares during the last quarter. Institutional investors own 73.33% of the company’s stock.

Cisco Systems Stock Down 0.1%

Shares of NASDAQ:CSCO opened at $75.19 on Friday. The company has a fifty day moving average of $76.66 and a 200-day moving average of $71.57. The company has a market capitalization of $297.08 billion, a PE ratio of 28.27, a price-to-earnings-growth ratio of 2.85 and a beta of 0.87. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.83 and a current ratio of 0.93. Cisco Systems, Inc. has a 52-week low of $52.11 and a 52-week high of $80.82.

Cisco Systems (NASDAQ:CSCO) last issued its quarterly earnings data on Wednesday, November 12th. The network equipment provider reported $1.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.98 by $0.02. The business had revenue of $14.88 billion during the quarter, compared to analyst estimates of $14.77 billion. Cisco Systems had a net margin of 18.38% and a return on equity of 27.29%. The firm’s quarterly revenue was up 7.5% on a year-over-year basis. During the same quarter last year, the business earned $0.91 EPS. Cisco Systems has set its FY 2026 guidance at 4.080-4.140 EPS and its Q2 2026 guidance at 1.010-1.030 EPS. On average, equities analysts predict that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.

Cisco Systems Announces Dividend

The firm 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 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend is Friday, January 2nd. Cisco Systems’s payout ratio is currently 61.65%.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on CSCO shares. JPMorgan Chase & Co. increased their price objective on Cisco Systems from $80.00 to $90.00 and gave the stock an “overweight” rating in a research report on Thursday, November 13th. Melius Research upped their price target on shares of Cisco Systems from $84.00 to $100.00 and gave the company a “buy” rating in a research note on Thursday, November 13th. Morgan Stanley lifted their price objective on shares of Cisco Systems from $82.00 to $91.00 and gave the stock an “overweight” rating in a research note on Wednesday, December 17th. Wells Fargo & Company increased their target price on shares of Cisco Systems from $83.00 to $95.00 and gave the stock an “overweight” rating in a research report on Thursday, November 13th. Finally, Citic Securities raised their target price on shares of Cisco Systems from $75.00 to $90.00 in a report on Monday, November 17th. Sixteen research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $85.23.

Insider Activity at Cisco Systems

In other Cisco Systems news, SVP Maria Victoria Wong sold 428 shares of the stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $80.33, for a total transaction of $34,381.24. Following the transaction, the senior vice president directly owned 32,176 shares in the company, valued at approximately $2,584,698.08. This represents a 1.31% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Michael D. Capellas sold 10,850 shares of the firm’s stock in a transaction on Friday, December 19th. The stock was sold at an average price of $77.13, for a total transaction of $836,860.50. Following the completion of the sale, the director owned 146,368 shares of the company’s stock, valued at $11,289,363.84. The trade was a 6.90% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 1,044,865 shares of company stock worth $81,397,635 over the last quarter. 0.01% of the stock is owned by company insiders.

Cisco Systems Profile

Cisco Systems, Inc is a global technology company that designs, manufactures and sells networking hardware, software and telecommunications equipment. Its core business focuses on enabling enterprise and service-provider networks through products such as routers, switches, network security appliances and wireless systems. Over time Cisco has broadened its portfolio to emphasize software-defined networking, cybersecurity, cloud infrastructure and edge computing solutions that help organizations build and manage modern IT environments.

In addition to hardware, Cisco offers a growing range of software platforms and subscription services for network management, security, analytics and collaboration.