Cisco Systems, Inc. $CSCO Shares Purchased by Clear Harbor Asset Management LLC

Clear Harbor Asset Management LLC grew its stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 5.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,101 shares of the network equipment provider’s stock after acquiring an additional 730 shares during the quarter. Clear Harbor Asset Management LLC’s holdings in Cisco Systems were worth $978,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Pacifica Partners Inc. increased its holdings in Cisco Systems by 0.5% in the 2nd quarter. Pacifica Partners Inc. now owns 34,060 shares of the network equipment provider’s stock worth $2,338,000 after buying an additional 155 shares during the period. Ashton Thomas Securities LLC increased its holdings in Cisco Systems by 2.9% in the 1st quarter. Ashton Thomas Securities LLC now owns 5,654 shares of the network equipment provider’s stock worth $349,000 after buying an additional 159 shares during the period. Central Valley Advisors LLC increased its holdings in Cisco Systems by 2.6% in the 2nd quarter. Central Valley Advisors LLC now owns 6,303 shares of the network equipment provider’s stock worth $437,000 after buying an additional 159 shares during the period. Capital Advisory Group Advisory Services LLC increased its holdings in Cisco Systems by 1.1% in the 2nd quarter. Capital Advisory Group Advisory Services LLC now owns 14,291 shares of the network equipment provider’s stock worth $992,000 after buying an additional 159 shares during the period. Finally, Boltwood Capital Management increased its holdings in Cisco Systems by 1.4% in the 2nd quarter. Boltwood Capital Management now owns 11,593 shares of the network equipment provider’s stock worth $804,000 after buying an additional 160 shares during the period. Institutional investors and hedge funds own 73.33% of the company’s stock.

Insiders Place Their Bets

In other news, EVP Deborah L. Stahlkopf sold 2,718 shares of the stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $68.08, for a total value 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Maria Victoria Wong sold 428 shares of the firm’s 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 sale, the senior vice president owned 30,619 shares of the company’s stock, valued at approximately $2,089,746.75. The trade was a 1.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 82,965 shares of company stock valued at $5,559,996. Corporate insiders own 0.01% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently weighed in on CSCO. Morgan Stanley increased their price target on shares of Cisco Systems from $67.00 to $70.00 and gave the stock an “overweight” rating in a report on Friday, July 18th. William Blair upgraded shares of Cisco Systems to a “hold” rating in a report on Thursday, August 14th. Hsbc Global Res lowered Cisco Systems from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 15th. Rosenblatt Securities restated a “buy” rating and issued a $87.00 price objective on shares of Cisco Systems in a research report on Thursday, August 14th. Finally, Deutsche Bank Aktiengesellschaft upgraded Cisco Systems from a “hold” rating to a “buy” rating and upped their price objective for the stock from $65.00 to $73.00 in a research report on Monday, June 16th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $74.53.

Cisco Systems Price Performance

Shares of NASDAQ CSCO opened at $67.75 on Tuesday. The firm has a 50-day simple moving average of $68.14 and a 200-day simple moving average of $64.17. The stock has a market capitalization of $267.83 billion, a price-to-earnings ratio of 25.86, a price-to-earnings-growth ratio of 2.87 and a beta of 0.99. 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, Inc. has a 52 week low of $51.89 and a 52 week high of $72.55.

Cisco Systems (NASDAQ:CSCO) last issued its earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 EPS for the quarter, beating analysts’ consensus estimates of $0.98 by $0.01. The business had revenue of $14.67 billion during 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 company’s quarterly revenue was up 7.6% compared to the same quarter last year. During the same period in the prior year, the business earned $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. On average, equities analysts predict that Cisco Systems, Inc. will post 3.04 earnings per share for the current fiscal year.

Cisco Systems Announces Dividend

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

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.