Skyline Advisors Inc. Sells 195 Shares of Cisco Systems, Inc. $CSCO

Skyline Advisors Inc. decreased its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 4.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,403 shares of the network equipment provider’s stock after selling 195 shares during the period. Skyline Advisors Inc.’s holdings in Cisco Systems were worth $305,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Mitchell & Pahl Private Wealth LLC raised its holdings in shares of Cisco Systems by 2.3% in the second quarter. Mitchell & Pahl Private Wealth LLC now owns 42,502 shares of the network equipment provider’s stock valued at $2,949,000 after purchasing an additional 937 shares during the last quarter. Ullmann Wealth Partners Group LLC increased its holdings in Cisco Systems by 9.2% during the second quarter. Ullmann Wealth Partners Group LLC now owns 5,526 shares of the network equipment provider’s stock worth $383,000 after buying an additional 464 shares during the last quarter. Farther Finance Advisors LLC increased its holdings in Cisco Systems by 27.0% during the second quarter. Farther Finance Advisors LLC now owns 99,227 shares of the network equipment provider’s stock worth $6,884,000 after buying an additional 21,066 shares during the last quarter. Wedge Capital Management L L P NC increased its holdings in Cisco Systems by 6.5% during the second quarter. Wedge Capital Management L L P NC now owns 954,182 shares of the network equipment provider’s stock worth $66,201,000 after buying an additional 58,021 shares during the last quarter. Finally, Silver Oak Securities Incorporated increased its holdings in Cisco Systems by 9.3% during the second quarter. Silver Oak Securities Incorporated now owns 10,842 shares of the network equipment provider’s stock worth $752,000 after buying an additional 924 shares during the last quarter. Institutional investors and hedge funds own 73.33% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently issued reports on CSCO. Wells Fargo & Company raised their price objective on shares of Cisco Systems from $75.00 to $83.00 and gave the stock an “overweight” rating in a report on Thursday, August 14th. UBS Group lifted their target price on shares of Cisco Systems from $70.00 to $74.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 5th. Deutsche Bank Aktiengesellschaft raised shares of Cisco Systems from a “hold” rating to a “buy” rating and raised their price objective for the stock from $65.00 to $73.00 in a report on Monday, June 16th. JPMorgan Chase & Co. raised their price objective on shares of Cisco Systems from $73.00 to $78.00 and gave the stock an “overweight” rating in a report on Thursday, July 17th. Finally, HSBC reaffirmed a “hold” rating and issued a $69.00 price objective on shares of Cisco Systems in a report on Friday, August 15th. One 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 company’s stock. According to data from MarketBeat, Cisco Systems presently has a consensus rating of “Moderate Buy” and an average target price of $74.53.

Insider Buying and Selling at Cisco Systems

In other Cisco Systems news, EVP Thimaya K. Subaiya sold 1,744 shares of the stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $66.78, for a total transaction of $116,464.32. Following the completion of the sale, the executive vice president directly owned 158,009 shares of the company’s stock, valued at $10,551,841.02. This trade represents a 1.09% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Deborah L. Stahlkopf sold 2,718 shares of the stock in a transaction that occurred on Thursday, September 11th. The shares were sold at an average price of $68.08, for a total value of $185,041.44. Following the transaction, the executive vice president owned 157,184 shares of the company’s stock, valued at $10,701,086.72. This represents a 1.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 65,439 shares of company stock worth $4,369,104. Insiders own 0.01% of the company’s stock.

Cisco Systems Price Performance

CSCO opened at $68.21 on Friday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.91 and a current ratio of 1.00. The stock has a market capitalization of $269.65 billion, a P/E ratio of 26.03, a P/E/G ratio of 2.87 and a beta of 0.99. The company’s 50-day simple moving average is $68.14 and its two-hundred day simple moving average is $64.13. Cisco Systems, Inc. has a 52-week low of $51.42 and a 52-week high of $72.55.

Cisco Systems (NASDAQ:CSCO) last released its quarterly earnings results 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. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. The firm had revenue of $14.67 billion during the quarter, compared to analyst estimates of $14.63 billion. During the same quarter in the prior year, the firm earned $0.87 EPS. The business’s revenue for the quarter was up 7.6% compared to the same quarter last year. Cisco Systems has set its Q1 2026 guidance at 0.970-0.990 EPS. FY 2026 guidance at 4.000-4.060 EPS. As a group, analysts predict that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Dividend Announcement

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