Guardian Investment Management Has $1.16 Million Stake in Cisco Systems, Inc. $CSCO

Guardian Investment Management lowered its stake in Cisco Systems, Inc. (NASDAQ:CSCO) by 2.3% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,745 shares of the network equipment provider’s stock after selling 400 shares during the quarter. Cisco Systems accounts for approximately 1.1% of Guardian Investment Management’s portfolio, making the stock its 29th largest position. Guardian Investment Management’s holdings in Cisco Systems were worth $1,162,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the stock. Willow Creek Wealth Management Inc. increased its stake in shares of Cisco Systems by 3.7% in the 2nd quarter. Willow Creek Wealth Management Inc. now owns 107,553 shares of the network equipment provider’s stock valued at $7,462,000 after acquiring an additional 3,885 shares in the last quarter. Uncommon Cents Investing LLC increased its stake in shares of Cisco Systems by 0.9% in the 2nd quarter. Uncommon Cents Investing LLC now owns 69,565 shares of the network equipment provider’s stock valued at $4,826,000 after acquiring an additional 626 shares in the last quarter. BayBridge Capital Group LLC increased its stake in shares of Cisco Systems by 3.0% in the 2nd quarter. BayBridge Capital Group LLC now owns 8,759 shares of the network equipment provider’s stock valued at $608,000 after acquiring an additional 258 shares in the last quarter. Virginia Wealth Management Group Inc. increased its stake in shares of Cisco Systems by 0.3% in the 2nd quarter. Virginia Wealth Management Group Inc. now owns 76,196 shares of the network equipment provider’s stock valued at $5,286,000 after acquiring an additional 211 shares in the last quarter. Finally, Charles Schwab Trust Co increased its stake in shares of Cisco Systems by 8.3% in the 2nd quarter. Charles Schwab Trust Co now owns 6,507 shares of the network equipment provider’s stock valued at $451,000 after acquiring an additional 500 shares in the last quarter. Institutional investors own 73.33% of the company’s stock.

Insider Activity

In other news, CEO Charles Robbins sold 30,557 shares of the stock in a transaction that occurred on Friday, August 15th. The stock was 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 of the company’s stock, valued at approximately $42,576,570. This represents a 4.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Maria Victoria Wong sold 428 shares of the firm’s stock in a transaction on Thursday, September 11th. The stock was sold at an average price of $68.25, for a total value of $29,211.00. Following the completion of the sale, 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 disclosure for this sale can be found here. In the last 90 days, insiders have sold 82,965 shares of company stock valued at $5,559,996. Corporate insiders own 0.01% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on CSCO shares. Piper Sandler lifted their price objective on shares of Cisco Systems from $64.00 to $70.00 and gave the company a “neutral” rating in a research note on Thursday, August 14th. Deutsche Bank Aktiengesellschaft upgraded shares of Cisco Systems from a “hold” rating to a “buy” rating and boosted their price target for the company from $65.00 to $73.00 in a research note on Monday, June 16th. Wells Fargo & Company boosted their price target on shares of Cisco Systems from $75.00 to $83.00 and gave the company an “overweight” rating in a research note on Thursday, August 14th. Barclays boosted their price target on shares of Cisco Systems from $66.00 to $71.00 and gave the company an “equal weight” rating in a research note on Thursday, August 14th. Finally, William Blair upgraded shares of Cisco Systems to a “hold” rating in a research note on Thursday, August 14th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given 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 target price of $74.53.

Cisco Systems Stock Performance

NASDAQ:CSCO opened at $67.22 on Friday. The firm has a market cap of $265.73 billion, a PE ratio of 25.66, a price-to-earnings-growth ratio of 2.82 and a beta of 0.99. Cisco Systems, Inc. has a fifty-two week low of $52.11 and a fifty-two week high of $72.55. 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 business has a 50 day moving average price of $68.12 and a 200-day moving average price of $64.32.

Cisco Systems (NASDAQ:CSCO) last released its quarterly earnings data on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share for the quarter, beating analysts’ consensus estimates 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 return on equity of 27.06% and a net margin of 18.45%.The business’s quarterly revenue was up 7.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $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. Equities research analysts predict that Cisco Systems, Inc. will post 3.04 earnings per share 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 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%.

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.