Uncommon Cents Investing LLC boosted its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCO – Free Report) by 0.9% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 69,565 shares of the network equipment provider’s stock after buying an additional 626 shares during the period. Cisco Systems makes up approximately 1.3% of Uncommon Cents Investing LLC’s investment portfolio, making the stock its 16th biggest position. Uncommon Cents Investing LLC’s holdings in Cisco Systems were worth $4,826,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently made changes to their positions in CSCO. BayBridge Capital Group LLC grew its position in shares of Cisco Systems by 3.0% during the second quarter. BayBridge Capital Group LLC now owns 8,759 shares of the network equipment provider’s stock valued at $608,000 after purchasing an additional 258 shares in the last quarter. Virginia Wealth Management Group Inc. raised its holdings 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 purchasing an additional 211 shares in the last quarter. Charles Schwab Trust Co boosted its holdings in 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 purchasing an additional 500 shares in the last quarter. Tempus Wealth Planning LLC raised its holdings in Cisco Systems by 9.9% in the 2nd quarter. Tempus Wealth Planning LLC now owns 25,202 shares of the network equipment provider’s stock valued at $1,748,000 after acquiring an additional 2,270 shares during the last quarter. Finally, LVW Advisors LLC boosted its position in Cisco Systems by 3.7% in the 2nd quarter. LVW Advisors LLC now owns 49,760 shares of the network equipment provider’s stock valued at $3,452,000 after buying an additional 1,774 shares during the last quarter. 73.33% of the stock is owned by institutional investors.
Insider Activity
In related news, EVP Deborah L. Stahlkopf sold 9,783 shares of the company’s stock in a transaction on Friday, August 15th. The stock was sold at an average price of $66.60, for a total value of $651,547.80. Following the completion of the transaction, the executive vice president directly owned 161,662 shares in the company, valued at approximately $10,766,689.20. This represents a 5.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Thimaya K. Subaiya sold 7,511 shares of Cisco Systems stock in a transaction on Wednesday, August 20th. The shares were sold at an average price of $66.84, for a total value of $502,035.24. Following the sale, the executive vice president directly owned 161,467 shares in the company, valued at $10,792,454.28. The trade was a 4.44% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 82,965 shares of company stock valued at $5,559,996 in the last 90 days. Insiders own 0.01% of the company’s stock.
Cisco Systems Stock Down 0.9%
Cisco Systems (NASDAQ:CSCO – Get Free Report) last announced 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 company had revenue of $14.67 billion for the quarter, compared to the consensus estimate of $14.63 billion. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. Cisco Systems’s revenue for the quarter was up 7.6% on a year-over-year basis. During the same period in the prior 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. On average, equities research analysts predict that Cisco Systems, Inc. will post 3.04 earnings per share for the current fiscal year.
Cisco Systems Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 22nd. Investors 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 yield of 2.4%. The ex-dividend date is Friday, October 3rd. Cisco Systems’s dividend payout ratio (DPR) is currently 62.60%.
Analyst Upgrades and Downgrades
Several research analysts recently commented on CSCO shares. Barclays lifted their target price on shares of Cisco Systems from $66.00 to $71.00 and gave the stock an “equal weight” rating in a report on Thursday, August 14th. Hsbc Global Res downgraded shares of Cisco Systems from a “strong-buy” rating to a “hold” rating in a report on Friday, August 15th. Evercore ISI raised their price target on Cisco Systems from $72.00 to $74.00 and gave the company an “in-line” rating in a report on Thursday, August 14th. Piper Sandler upped their target price on Cisco Systems from $64.00 to $70.00 and gave the stock a “neutral” rating in a report on Thursday, August 14th. Finally, Wells Fargo & Company lifted their price objective on Cisco Systems from $75.00 to $83.00 and gave the stock an “overweight” rating in a research report on Thursday, August 14th. 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 stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $74.53.
Get Our Latest Analysis on CSCO
Cisco Systems Company 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.
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