Adams Asset Advisors LLC reduced its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCO – Free Report) by 11.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 158,192 shares of the network equipment provider’s stock after selling 19,778 shares during the period. Cisco Systems makes up 1.5% of Adams Asset Advisors LLC’s holdings, making the stock its 17th largest position. Adams Asset Advisors LLC’s holdings in Cisco Systems were worth $10,975,000 as of its most recent SEC filing.
Several other hedge funds also recently added to or reduced their stakes in the business. Ashton Thomas Securities LLC increased its position in Cisco Systems by 2.9% during the 1st quarter. Ashton Thomas Securities LLC now owns 5,654 shares of the network equipment provider’s stock valued at $349,000 after buying an additional 159 shares in the last quarter. Greenline Partners LLC increased its position in Cisco Systems by 0.5% during the 1st quarter. Greenline Partners LLC now owns 32,570 shares of the network equipment provider’s stock valued at $2,010,000 after buying an additional 162 shares in the last quarter. Legacy Financial Group Inc. increased its holdings in shares of Cisco Systems by 3.4% in the fourth quarter. Legacy Financial Group Inc. now owns 5,100 shares of the network equipment provider’s stock valued at $302,000 after purchasing an additional 169 shares during the period. Birchbrook Inc. raised its stake in shares of Cisco Systems by 6.3% in the first quarter. Birchbrook Inc. now owns 2,964 shares of the network equipment provider’s stock worth $183,000 after purchasing an additional 176 shares during the last quarter. Finally, Avalon Trust Co lifted its holdings in shares of Cisco Systems by 5.4% during the first quarter. Avalon Trust Co now owns 3,433 shares of the network equipment provider’s stock worth $212,000 after purchasing an additional 177 shares during the period. 73.33% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling at Cisco Systems
In other news, CEO Charles Robbins sold 30,557 shares of the firm’s stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $66.63, for a total transaction of $2,036,012.91. Following the sale, the chief executive officer owned 639,000 shares of the company’s stock, valued at $42,576,570. This trade represents a 4.56% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Deborah L. Stahlkopf sold 2,718 shares of Cisco Systems stock in a transaction on Thursday, September 11th. The shares were sold at an average price of $68.08, for a total transaction of $185,041.44. Following the completion of the sale, the executive vice president directly owned 157,184 shares in the company, valued at $10,701,086.72. This represents a 1.70% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 88,099 shares of company stock worth $5,851,765. 0.01% of the stock is currently owned by insiders.
Wall Street Analysts Forecast Growth
View Our Latest Research Report on CSCO
Cisco Systems Price Performance
Shares of NASDAQ CSCO opened at $66.53 on Monday. The stock has a market capitalization of $263.01 billion, a price-to-earnings ratio of 25.39, a PEG ratio of 2.80 and a beta of 0.99. Cisco Systems, Inc. has a 12 month low of $49.67 and a 12 month high of $72.55. The firm’s 50 day simple moving average is $68.24 and its 200-day simple moving average is $64.00. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.00 and a quick ratio of 0.91.
Cisco Systems (NASDAQ:CSCO – Get Free Report) last issued its quarterly earnings data on Wednesday, August 13th. The network equipment provider reported $0.99 EPS for the quarter, topping analysts’ consensus estimates of $0.98 by $0.01. The business had revenue of $14.67 billion for the quarter, compared to analysts’ expectations of $14.63 billion. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. The business’s revenue was up 7.6% on a year-over-year basis. During the same quarter last year, the company earned $0.87 EPS. Cisco Systems has set its Q1 2026 guidance at 0.970-0.990 EPS. FY 2026 guidance at 4.000-4.060 EPS. Analysts expect that Cisco Systems, Inc. will post 3.04 EPS for the current year.
Cisco Systems Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 22nd. Stockholders of record on Friday, October 3rd will be paid a dividend of $0.41 per share. The ex-dividend date of this dividend is Friday, October 3rd. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.5%. Cisco Systems’s dividend payout ratio (DPR) is presently 62.60%.
About Cisco Systems
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.
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