McAdam LLC Buys 481 Shares of Cisco Systems, Inc. $CSCO

McAdam LLC grew its position in Cisco Systems, Inc. (NASDAQ:CSCOFree Report) by 6.5% in the second quarter, according to its most recent filing with the SEC. The fund owned 7,838 shares of the network equipment provider’s stock after acquiring an additional 481 shares during the period. McAdam LLC’s holdings in Cisco Systems were worth $544,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Cora Capital Advisors LLC raised its position in Cisco Systems by 6.1% in the second quarter. Cora Capital Advisors LLC now owns 4,248 shares of the network equipment provider’s stock valued at $295,000 after purchasing an additional 245 shares during the last quarter. Beacon Investment Advisory Services Inc. grew its holdings in shares of Cisco Systems by 6.3% during the second quarter. Beacon Investment Advisory Services Inc. now owns 168,478 shares of the network equipment provider’s stock worth $11,689,000 after purchasing an additional 10,042 shares during the last quarter. Harrell Investment Partners LLC acquired a new position in shares of Cisco Systems in the second quarter valued at approximately $340,000. Cassia Capital Partners LLC raised its holdings in Cisco Systems by 0.8% in the 2nd quarter. Cassia Capital Partners LLC now owns 22,060 shares of the network equipment provider’s stock valued at $1,531,000 after buying an additional 169 shares during the last quarter. Finally, Missouri Trust & Investment Co raised its holdings in Cisco Systems by 10.6% in the 2nd quarter. Missouri Trust & Investment Co now owns 25,834 shares of the network equipment provider’s stock valued at $1,792,000 after buying an additional 2,483 shares during the last quarter. Institutional investors and hedge funds own 73.33% of the company’s stock.

Insider Buying and Selling

In other Cisco Systems news, EVP Thimaya K. Subaiya sold 1,744 shares of Cisco Systems stock in a transaction on Friday, September 12th. The shares were sold at an average price of $66.78, for a total value 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 approximately $10,551,841.02. The trade was a 1.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Deborah L. Stahlkopf sold 2,718 shares of the company’s stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $68.08, for a total transaction of $185,041.44. Following the transaction, the executive vice president 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. Insiders have sold a total of 82,965 shares of company stock worth $5,559,996 over the last ninety days. 0.01% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

CSCO has been the topic of a number of research reports. HSBC reissued a “hold” rating and set a $69.00 target price on shares of Cisco Systems in a report on Friday, August 15th. Wall Street Zen cut shares of Cisco Systems from a “strong-buy” rating to a “buy” rating in a research note on Saturday, July 12th. Wolfe Research began coverage on Cisco Systems in a report on Tuesday, July 8th. They issued a “peer perform” rating for the company. Deutsche Bank Aktiengesellschaft raised Cisco Systems from a “hold” rating to a “buy” rating and lifted their target price for the stock from $65.00 to $73.00 in a report on Monday, June 16th. Finally, UBS Group upped their price target on Cisco Systems from $70.00 to $74.00 and gave the company a “neutral” rating in a research report on Tuesday, August 5th. One investment 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 company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $74.53.

Read Our Latest Stock Report on Cisco Systems

Cisco Systems Stock Performance

Shares of CSCO opened at $67.85 on Friday. The company has a current ratio of 1.00, a quick ratio of 0.91 and a debt-to-equity ratio of 0.49. The firm’s fifty day simple moving average is $68.14 and its two-hundred day simple moving average is $64.25. Cisco Systems, Inc. has a 12 month low of $52.11 and a 12 month high of $72.55. The stock has a market capitalization of $268.22 billion, a P/E ratio of 25.90, a price-to-earnings-growth ratio of 2.83 and a beta of 0.99.

Cisco Systems (NASDAQ:CSCOGet Free Report) last posted its quarterly earnings data on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share for the quarter, topping the consensus estimate of $0.98 by $0.01. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The firm had revenue of $14.67 billion during the quarter, compared to analyst estimates of $14.63 billion. During the same period last year, the company posted $0.87 EPS. The business’s quarterly revenue was up 7.6% on a year-over-year basis. 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. Stockholders of record on Friday, October 3rd will be given a dividend of $0.41 per share. The ex-dividend date of this dividend is Friday, October 3rd. This represents a $1.64 annualized dividend and a dividend yield of 2.4%. Cisco Systems’s dividend payout ratio (DPR) is 62.60%.

Cisco Systems Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Cisco Systems (NASDAQ:CSCO)

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