Gilpin Wealth Management LLC Makes New Investment in Cisco Systems, Inc. $CSCO

Gilpin Wealth Management LLC bought a new position in Cisco Systems, Inc. (NASDAQ:CSCOFree Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 11,764 shares of the network equipment provider’s stock, valued at approximately $906,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. MidAtlantic Capital Management Inc. bought a new position in shares of Cisco Systems during the 4th quarter worth $25,000. Jessup Wealth Management Inc bought a new position in shares of Cisco Systems during the 4th quarter worth $29,000. Board of the Pension Protection Fund bought a new position in shares of Cisco Systems during the 4th quarter worth $31,000. EQ Wealth Advisors LLC bought a new position in shares of Cisco Systems during the 4th quarter worth $31,000. Finally, Anfield Capital Management LLC grew its position in shares of Cisco Systems by 248.9% during the 4th quarter. Anfield Capital Management LLC now owns 485 shares of the network equipment provider’s stock worth $37,000 after buying an additional 346 shares in the last quarter. Hedge funds and other institutional investors own 73.33% of the company’s stock.

Insider Transactions at Cisco Systems

In other news, EVP Deborah L. Stahlkopf sold 7,981 shares of the firm’s stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $79.50, for a total value of $634,489.50. Following the completion of the transaction, the executive vice president directly owned 187,097 shares in the company, valued at $14,874,211.50. This trade represents a 4.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Charles Robbins sold 21,400 shares of the firm’s stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $120.03, for a total value of $2,568,642.00. Following the completion of the transaction, the chief executive officer owned 637,085 shares of the company’s stock, valued at approximately $76,469,312.55. The trade was a 3.25% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 49,029 shares of company stock valued at $5,382,699. 0.01% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on CSCO shares. Truist Financial started coverage on Cisco Systems in a research report on Tuesday, March 31st. They set a “buy” rating and a $94.00 price target on the stock. BNP Paribas Exane increased their price target on Cisco Systems from $87.00 to $132.00 and gave the stock an “outperform” rating in a research report on Thursday, May 14th. Weiss Ratings raised Cisco Systems from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, May 29th. JPMorgan Chase & Co. increased their price target on Cisco Systems from $95.00 to $96.00 in a research report on Monday, May 11th. Finally, Erste Group Bank downgraded Cisco Systems from a “buy” rating to a “hold” rating in a research report on Wednesday, February 18th. Two analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $120.18.

View Our Latest Research Report on Cisco Systems

Cisco Systems Trading Down 1.3%

Cisco Systems stock opened at $118.80 on Thursday. The stock has a 50-day moving average of $100.53 and a two-hundred day moving average of $85.94. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.81 and a current ratio of 0.92. Cisco Systems, Inc. has a one year low of $63.87 and a one year high of $130.37. The stock has a market cap of $468.24 billion, a PE ratio of 38.57, a price-to-earnings-growth ratio of 3.07 and a beta of 1.01.

Cisco Systems (NASDAQ:CSCOGet Free Report) last announced its quarterly earnings data on Wednesday, May 13th. The network equipment provider reported $1.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.03 by $0.03. Cisco Systems had a return on equity of 28.44% and a net margin of 20.14%.The firm had revenue of $15.84 billion during the quarter, compared to analysts’ expectations of $15.56 billion. During the same period last year, the business posted $0.96 earnings per share. The company’s revenue for the quarter was up 12.0% compared to the same quarter last year. Cisco Systems has set its Q4 2026 guidance at 1.160-1.180 EPS and its FY 2026 guidance at 4.270-4.290 EPS. On average, research analysts anticipate that Cisco Systems, Inc. will post 3.54 EPS for the current fiscal year.

Cisco Systems Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 22nd. Stockholders of record on Monday, July 6th will be paid a $0.42 dividend. This represents a $1.68 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Monday, July 6th. Cisco Systems’s dividend payout ratio (DPR) is presently 54.55%.

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Cisco Systems Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Cisco Systems (NASDAQ:CSCO)

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