New England Research & Management Inc. Trims Stake in Cisco Systems, Inc. $CSCO

New England Research & Management Inc. cut its holdings in Cisco Systems, Inc. (NASDAQ:CSCO) by 18.0% in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 8,740 shares of the network equipment provider’s stock after selling 1,925 shares during the period. New England Research & Management Inc.’s holdings in Cisco Systems were worth $606,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in the stock. Krilogy Financial LLC boosted its position in Cisco Systems by 6.1% in the 2nd quarter. Krilogy Financial LLC now owns 12,163 shares of the network equipment provider’s stock valued at $844,000 after buying an additional 698 shares during the last quarter. Fragasso Financial Advisors Inc boosted its holdings in shares of Cisco Systems by 1.8% in the second quarter. Fragasso Financial Advisors Inc now owns 14,664 shares of the network equipment provider’s stock valued at $1,017,000 after acquiring an additional 259 shares in the last quarter. Fiduciary Alliance LLC boosted its holdings in Cisco Systems by 9.6% during the second quarter. Fiduciary Alliance LLC now owns 22,169 shares of the network equipment provider’s stock worth $1,538,000 after buying an additional 1,935 shares in the last quarter. St. Louis Financial Planners Asset Management LLC purchased a new stake in shares of Cisco Systems in the 2nd quarter valued at approximately $2,714,000. Finally, Byrne Asset Management LLC raised its holdings in shares of Cisco Systems by 1.5% during the 2nd quarter. Byrne Asset Management LLC now owns 21,847 shares of the network equipment provider’s stock valued at $1,516,000 after purchasing an additional 320 shares in the last quarter. 73.33% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on CSCO shares. Hsbc Global Res downgraded shares of Cisco Systems from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 15th. Morgan Stanley boosted their price target on shares of Cisco Systems from $67.00 to $70.00 and gave the stock an “overweight” rating in a research note on Friday, July 18th. Evercore ISI boosted their price target on shares of Cisco Systems from $72.00 to $74.00 and gave the stock an “in-line” rating in a research note on Thursday, August 14th. JPMorgan Chase & Co. boosted their price objective on shares of Cisco Systems from $73.00 to $78.00 and gave the company an “overweight” rating in a report on Thursday, July 17th. Finally, CICC Research initiated coverage on shares of Cisco Systems in a report on Monday, July 14th. They issued an “outperform” rating and a $78.00 price target for the company. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and ten have assigned a Hold rating to the stock. According to MarketBeat.com, Cisco Systems currently has a consensus rating of “Moderate Buy” and a consensus price target of $74.53.

Cisco Systems Stock Up 0.7%

Shares of NASDAQ CSCO opened at $67.02 on Tuesday. 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, Inc. has a 1 year low of $49.78 and a 1 year high of $72.55. The company has a 50 day simple moving average of $68.20 and a 200 day simple moving average of $64.02. The firm has a market cap of $264.94 billion, a PE ratio of 25.58, a price-to-earnings-growth ratio of 2.80 and a beta of 0.99.

Cisco Systems (NASDAQ:CSCO) last released 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 revenue was up 7.6% compared to the same quarter last year. During the same quarter last year, the business 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. On average, research analysts forecast that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Announces Dividend

The business 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. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Friday, October 3rd. Cisco Systems’s dividend payout ratio is 62.60%.

Insider Buying and Selling

In other news, SVP Maria Victoria Wong sold 428 shares of Cisco Systems stock in a transaction dated Thursday, September 11th. The stock was sold at an average price of $68.25, for a total transaction of $29,211.00. Following the transaction, the senior vice president directly owned 30,619 shares of the company’s stock, valued at $2,089,746.75. The trade was a 1.38% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Jeetendra I. Patel sold 9,061 shares of Cisco Systems stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $66.60, for a total value of $603,462.60. Following the completion of the sale, the insider directly owned 237,405 shares in the company, valued at approximately $15,811,173. The trade was a 3.68% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 65,439 shares of company stock valued at $4,369,104 over the last three months. Insiders own 0.01% of the company’s stock.

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.