Evergreen Wealth Solutions LLC Reduces Stock Holdings in Cisco Systems, Inc. $CSCO

Evergreen Wealth Solutions LLC decreased its holdings in Cisco Systems, Inc. (NASDAQ:CSCO) by 13.5% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 17,518 shares of the network equipment provider’s stock after selling 2,730 shares during the quarter. Cisco Systems comprises approximately 0.7% of Evergreen Wealth Solutions LLC’s portfolio, making the stock its 27th biggest position. Evergreen Wealth Solutions LLC’s holdings in Cisco Systems were worth $1,081,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Brighton Jones LLC lifted its position in Cisco Systems by 49.5% during the fourth quarter. Brighton Jones LLC now owns 74,187 shares of the network equipment provider’s stock valued at $4,392,000 after buying an additional 24,562 shares during the period. Revolve Wealth Partners LLC lifted its position in Cisco Systems by 37.0% during the fourth quarter. Revolve Wealth Partners LLC now owns 9,156 shares of the network equipment provider’s stock valued at $542,000 after buying an additional 2,474 shares during the period. Mission Creek Capital Partners Inc. lifted its position in Cisco Systems by 12.2% during the fourth quarter. Mission Creek Capital Partners Inc. now owns 9,075 shares of the network equipment provider’s stock valued at $537,000 after buying an additional 987 shares during the period. Betterment LLC purchased a new position in Cisco Systems during the fourth quarter valued at $248,000. Finally, Mendel Capital Management LLC purchased a new position in Cisco Systems during the fourth quarter valued at $210,000. Hedge funds and other institutional investors own 73.33% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the company. HSBC reissued a “hold” rating and set a $69.00 price objective on shares of Cisco Systems in a research report on Friday, August 15th. JPMorgan Chase & Co. raised their price target on Cisco Systems from $73.00 to $78.00 and gave the company an “overweight” rating in a report on Thursday, July 17th. New Street Research restated a “neutral” rating and set a $70.00 price target on shares of Cisco Systems in a report on Friday, May 16th. CICC Research began coverage on Cisco Systems in a report on Monday, July 14th. They set an “outperform” rating and a $78.00 price target for the company. Finally, Wolfe Research began coverage on Cisco Systems in a report on Tuesday, July 8th. They set a “peer perform” rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and ten have assigned a Hold rating to the stock. According to MarketBeat, Cisco Systems presently has a consensus rating of “Moderate Buy” and an average target price of $74.53.

Insider Buying and Selling

In related news, EVP Thimaya K. Subaiya sold 7,511 shares of Cisco Systems stock in a transaction dated Wednesday, August 20th. The stock was sold at an average price of $66.84, for a total value of $502,035.24. Following the completion of the sale, the executive vice president directly owned 161,467 shares in the company, valued at approximately $10,792,454.28. This trade represents a 4.44% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Maria Victoria Wong sold 475 shares of the business’s stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $68.61, for a total value of $32,589.75. Following the sale, the senior vice president owned 34,630 shares of the company’s stock, valued at approximately $2,375,964.30. This represents a 1.35% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 135,118 shares of company stock worth $8,847,167 in the last three months. 0.01% of the stock is currently owned by company insiders.

Cisco Systems Price Performance

NASDAQ CSCO opened at $67.32 on Monday. Cisco Systems, Inc. has a one year low of $47.85 and a one year high of $72.55. The stock has a 50-day moving average of $68.20 and a 200 day moving average of $63.57. The company has a market capitalization of $266.59 billion, a price-to-earnings ratio of 25.69, a PEG ratio of 2.75 and a beta of 0.91. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.92 and a current ratio of 1.01.

Cisco Systems (NASDAQ:CSCO) last released its quarterly earnings data on Wednesday, August 13th. The network equipment provider reported $0.99 EPS for the quarter, topping the consensus estimate of $0.98 by $0.01. Cisco Systems had a return on equity of 27.02% and a net margin of 18.45%.The company had revenue of $14.67 billion during the quarter, compared to the consensus estimate of $14.63 billion. During the same period last year, the company earned $0.87 EPS. Cisco Systems’s revenue for the quarter was up 7.6% on a year-over-year basis. Cisco Systems has set its Q1 2026 guidance at 0.970-0.990 EPS. FY 2026 guidance at 4.000-4.060 EPS. On average, sell-side analysts forecast that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 22nd. Investors of record on Friday, October 3rd will be issued a $0.41 dividend. This represents a $1.64 annualized dividend and a yield of 2.4%. The ex-dividend date is Friday, October 3rd. Cisco Systems’s dividend payout ratio (DPR) is presently 62.60%.

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.