Cisco Systems, Inc. $CSCO Holdings Decreased by Birmingham Capital Management Co. Inc. AL

Birmingham Capital Management Co. Inc. AL decreased its holdings in Cisco Systems, Inc. (NASDAQ:CSCO) by 3.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 21,498 shares of the network equipment provider’s stock after selling 822 shares during the period. Birmingham Capital Management Co. Inc. AL’s holdings in Cisco Systems were worth $1,327,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Mpwm Advisory Solutions LLC purchased a new stake in shares of Cisco Systems during the 4th quarter worth about $26,000. JDM Financial Group LLC lifted its stake in Cisco Systems by 160.4% in the fourth quarter. JDM Financial Group LLC now owns 487 shares of the network equipment provider’s stock valued at $29,000 after acquiring an additional 300 shares during the last quarter. Pandora Wealth Inc. bought a new stake in Cisco Systems in the first quarter worth approximately $31,000. Fairway Wealth LLC increased its stake in shares of Cisco Systems by 224.7% during the 1st quarter. Fairway Wealth LLC now owns 578 shares of the network equipment provider’s stock worth $36,000 after purchasing an additional 400 shares during the last quarter. Finally, Accent Capital Management LLC bought a new position in shares of Cisco Systems during the 1st quarter valued at $36,000. 73.33% of the stock is currently owned by hedge funds and other institutional investors.

Cisco Systems Stock Performance

Shares of NASDAQ CSCO opened at $68.13 on Thursday. Cisco Systems, Inc. has a one year low of $47.85 and a one year high of $72.55. The firm has a market capitalization of $269.33 billion, a price-to-earnings ratio of 26.00, a PEG ratio of 2.83 and a beta of 0.99. 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 business has a fifty day simple moving average of $68.34 and a 200 day simple moving average of $63.95.

Cisco Systems (NASDAQ:CSCO) last posted its quarterly earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.98 by $0.01. The firm had revenue of $14.67 billion during the quarter, compared to analyst estimates of $14.63 billion. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. The company’s quarterly revenue was up 7.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.87 earnings per share. Cisco Systems has set its Q1 2026 guidance at 0.970-0.990 EPS. FY 2026 guidance at 4.000-4.060 EPS. Sell-side analysts expect that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 22nd. Investors of record on Friday, October 3rd will be given a dividend of $0.41 per share. The ex-dividend date is Friday, October 3rd. This represents a $1.64 dividend on an annualized basis and a yield of 2.4%. Cisco Systems’s dividend payout ratio is 62.60%.

Insider Transactions at Cisco Systems

In other news, EVP Deborah L. Stahlkopf sold 9,783 shares of the stock in a transaction on Friday, August 15th. The stock was sold at an average price of $66.60, for a total transaction of $651,547.80. Following the sale, the executive vice president owned 161,662 shares in the company, valued at approximately $10,766,689.20. This represents a 5.71% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Jeetendra I. Patel sold 9,061 shares of Cisco Systems stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $66.60, for a total value of $603,462.60. Following the completion of the transaction, the insider directly owned 237,405 shares of the company’s stock, valued at $15,811,173. This represents a 3.68% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 84,953 shares of company stock worth $5,637,512. 0.01% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the stock. KeyCorp assumed coverage on shares of Cisco Systems in a report on Thursday, June 26th. They issued an “overweight” rating and a $77.00 price objective for the company. Rosenblatt Securities reissued a “buy” rating and issued a $87.00 price objective on shares of Cisco Systems in a research note on Thursday, August 14th. Deutsche Bank Aktiengesellschaft raised Cisco Systems from a “hold” rating to a “buy” rating and upped their target price for the stock from $65.00 to $73.00 in a research report on Monday, June 16th. JPMorgan Chase & Co. boosted their price objective on shares of Cisco Systems from $73.00 to $78.00 and gave the stock an “overweight” rating in a research note on Thursday, July 17th. Finally, Hsbc Global Res downgraded shares of Cisco Systems from a “strong-buy” rating to a “hold” rating in a report on Friday, August 15th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Cisco Systems presently has an average rating of “Moderate Buy” and an average price target of $74.53.

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.