Triad Wealth Partners LLC increased its stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO – Free Report) by 7.1% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 7,849 shares of the network equipment provider’s stock after acquiring an additional 518 shares during the period. Triad Wealth Partners LLC’s holdings in Cisco Systems were worth $545,000 as of its most recent filing with the SEC.
A number of other hedge funds have also made changes to their positions in CSCO. Pandora Wealth Inc. acquired a new position in shares of Cisco Systems during the 1st quarter valued at about $31,000. Nova Wealth Management Inc. acquired a new position in shares of Cisco Systems during the 1st quarter valued at about $31,000. Brown Shipley& Co Ltd acquired a new position in shares of Cisco Systems during the 2nd quarter valued at about $32,000. Fairway Wealth LLC increased its holdings in shares of Cisco Systems by 224.7% during the 1st quarter. Fairway Wealth LLC now owns 578 shares of the network equipment provider’s stock valued at $36,000 after acquiring an additional 400 shares during the last quarter. Finally, Accent Capital Management LLC acquired a new stake in Cisco Systems in the 1st quarter valued at approximately $36,000. Institutional investors and hedge funds own 73.33% of the company’s stock.
Insider Buying and Selling
In other Cisco Systems news, EVP Oliver Tuszik sold 17,526 shares of the stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $67.95, for a total value of $1,190,891.70. Following the completion of the sale, the executive vice president directly owned 198,855 shares in the company, valued at $13,512,197.25. This represents a 8.10% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 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 value of $185,041.44. Following the completion of the sale, the executive vice president owned 157,184 shares of the company’s stock, valued at $10,701,086.72. This trade represents a 1.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 82,965 shares of company stock valued at $5,559,996. 0.01% of the stock is owned by company insiders.
Wall Street Analyst Weigh In
View Our Latest Research Report on Cisco Systems
Cisco Systems Trading Down 0.6%
CSCO stock opened at $68.31 on Friday. The business has a fifty day moving average price of $68.12 and a 200 day moving average price of $64.51. Cisco Systems, Inc. has a fifty-two week low of $52.11 and a fifty-two week high of $72.55. The stock has a market capitalization of $270.04 billion, a price-to-earnings ratio of 26.07, a P/E/G ratio of 2.89 and a beta of 0.97. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.00 and a quick ratio of 0.91.
Cisco Systems (NASDAQ:CSCO – Get Free Report) last released its earnings results 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 during the quarter, compared to analysts’ expectations of $14.63 billion. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The business’s revenue for the quarter was up 7.6% on a year-over-year basis. During the same period 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. Analysts expect that Cisco Systems, Inc. will post 3.04 EPS 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. Shareholders of record on Friday, October 3rd will be paid a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend is Friday, October 3rd. Cisco Systems’s payout ratio is presently 62.60%.
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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