Family Legacy Financial Solutions LLC Invests $51,000 in Cisco Systems, Inc. $CSCO

Family Legacy Financial Solutions LLC purchased a new position in shares of Cisco Systems, Inc. (NASDAQ:CSCO) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 739 shares of the network equipment provider’s stock, valued at approximately $51,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in CSCO. Mpwm Advisory Solutions LLC acquired a new position in shares of Cisco Systems in the fourth quarter worth $26,000. JDM Financial Group LLC boosted its holdings 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 worth $29,000 after purchasing an additional 300 shares in the last quarter. Pandora Wealth Inc. bought a new stake in Cisco Systems in the first quarter worth $31,000. Nova Wealth Management Inc. bought a new stake in Cisco Systems in the first quarter worth $31,000. Finally, Fairway Wealth LLC boosted its holdings in Cisco Systems by 224.7% during the first quarter. Fairway Wealth LLC now owns 578 shares of the network equipment provider’s stock valued at $36,000 after acquiring an additional 400 shares during the period. Hedge funds and other institutional investors own 73.33% of the company’s stock.

Cisco Systems Trading Up 1.2%

Shares of NASDAQ CSCO opened at $67.72 on Thursday. The company’s fifty day moving average is $68.14 and its 200-day moving average is $64.06. The stock has a market cap of $267.71 billion, a price-to-earnings ratio of 25.85, a P/E/G ratio of 2.81 and a beta of 0.99. Cisco Systems, Inc. has a twelve month low of $50.27 and a twelve month high of $72.55. The company has a quick ratio of 0.91, a current ratio of 1.00 and a debt-to-equity ratio of 0.49.

Cisco Systems (NASDAQ:CSCO) last posted its quarterly earnings data on Wednesday, August 13th. The network equipment provider reported $0.99 EPS for the quarter, beating the consensus estimate 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 firm’s revenue was up 7.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $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. Equities research analysts predict that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 22nd. Shareholders of record on Friday, October 3rd will be paid 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 payout ratio is presently 62.60%.

Insider Transactions at Cisco Systems

In other Cisco Systems news, insider Jeetendra I. Patel sold 9,061 shares of Cisco Systems stock in a transaction on Friday, August 15th. The shares were sold at an average price of $66.60, for a total value of $603,462.60. Following 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Charles Robbins sold 30,557 shares of Cisco Systems stock in a transaction 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 completion of the sale, the chief executive officer owned 639,000 shares in the company, valued at $42,576,570. The trade was a 4.56% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 65,439 shares of company stock worth $4,369,104. 0.01% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. Wells Fargo & Company upped their price target on shares of Cisco Systems from $75.00 to $83.00 and gave the company an “overweight” rating in a report on Thursday, August 14th. UBS Group upped their price target on shares of Cisco Systems from $70.00 to $74.00 and gave the company a “neutral” rating in a report on Tuesday, August 5th. Evercore ISI upped their price objective on shares of Cisco Systems from $72.00 to $74.00 and gave the company an “in-line” rating in a research report on Thursday, August 14th. Deutsche Bank Aktiengesellschaft raised shares of Cisco Systems from a “hold” rating to a “buy” rating and upped their price objective for the company from $65.00 to $73.00 in a research report on Monday, June 16th. Finally, Hsbc Global Res lowered shares of Cisco Systems from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 15th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $74.53.

Cisco Systems 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.