Newman Dignan & Sheerar Inc. Decreases Holdings in Cisco Systems, Inc. $CSCO

Newman Dignan & Sheerar Inc. cut its stake in Cisco Systems, Inc. (NASDAQ:CSCO) by 1.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 31,821 shares of the network equipment provider’s stock after selling 554 shares during the quarter. Newman Dignan & Sheerar Inc.’s holdings in Cisco Systems were worth $2,208,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Brown Shipley& Co Ltd acquired a new stake in Cisco Systems in the second quarter valued at approximately $32,000. Pandora Wealth Inc. purchased a new position in shares of Cisco Systems in the first quarter valued at $31,000. Nova Wealth Management Inc. purchased a new position in shares of Cisco Systems in the first quarter valued at $31,000. Fairway Wealth LLC increased its stake in Cisco Systems by 224.7% during the 1st quarter. Fairway Wealth LLC now owns 578 shares of the network equipment provider’s stock worth $36,000 after buying an additional 400 shares during the period. Finally, Accent Capital Management LLC purchased a new stake in Cisco Systems during the 1st quarter worth $36,000. Institutional investors and hedge funds own 73.33% of the company’s stock.

Insider Buying and Selling at Cisco Systems

In related news, EVP Thimaya K. Subaiya sold 1,744 shares of the company’s stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $66.78, for a total value of $116,464.32. Following the sale, the executive vice president owned 158,009 shares of the company’s stock, valued at $10,551,841.02. The trade was a 1.09% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Deborah L. Stahlkopf sold 2,718 shares of the stock in a transaction dated Thursday, September 11th. The stock was sold at an average price of $68.08, for a total transaction of $185,041.44. Following the completion of the transaction, the executive vice president directly owned 157,184 shares of the company’s stock, valued at $10,701,086.72. This trade represents a 1.70% decrease in their position. The disclosure for this sale can be found here. Insiders sold 82,965 shares of company stock worth $5,559,996 in the last 90 days. 0.01% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of equities analysts have weighed in on CSCO shares. William Blair raised shares of Cisco Systems to a “hold” rating in a research report on Thursday, August 14th. Wells Fargo & Company raised their price objective on Cisco Systems from $75.00 to $83.00 and gave the company an “overweight” rating in a research note on Thursday, August 14th. HSBC restated a “hold” rating and set a $69.00 price objective on shares of Cisco Systems in a report on Friday, August 15th. CICC Research began coverage on Cisco Systems in a research note on Monday, July 14th. They set an “outperform” rating and a $78.00 target price for the company. Finally, Bank of America lifted their price target on shares of Cisco Systems from $76.00 to $85.00 and gave the stock a “buy” rating in a research note on Thursday, August 14th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and ten have assigned a Hold rating to the stock. According to MarketBeat, Cisco Systems currently has a consensus rating of “Moderate Buy” and an average price target of $74.53.

Cisco Systems Trading Up 0.5%

Cisco Systems stock opened at $68.75 on Thursday. The business has a 50 day moving average price of $68.12 and a two-hundred day moving average price of $64.46. 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 12 month low of $52.11 and a 12 month high of $72.55. The stock has a market cap of $271.78 billion, a price-to-earnings ratio of 26.24, a price-to-earnings-growth ratio of 2.88 and a beta of 0.97.

Cisco Systems (NASDAQ:CSCO) last announced 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. The company had revenue of $14.67 billion for 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%.Cisco Systems’s revenue for the quarter was up 7.6% compared to the same quarter last year. During the same quarter last year, the firm earned $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. As a group, equities analysts forecast that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Announces Dividend

The firm 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 $0.41 dividend. The ex-dividend date is Friday, October 3rd. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.4%. Cisco Systems’s dividend payout ratio is currently 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.