Roundview Capital LLC increased its stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO – Free Report) by 15.0% in the 2nd quarter, HoldingsChannel reports. The firm owned 15,051 shares of the network equipment provider’s stock after purchasing an additional 1,960 shares during the period. Roundview Capital LLC’s holdings in Cisco Systems were worth $1,044,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Postrock Partners LLC grew its stake in Cisco Systems by 4.5% during the 2nd quarter. Postrock Partners LLC now owns 3,480 shares of the network equipment provider’s stock worth $241,000 after purchasing an additional 150 shares in the last quarter. Mount Vernon Associates Inc. MD boosted its position in shares of Cisco Systems by 0.4% during the 2nd quarter. Mount Vernon Associates Inc. MD now owns 41,379 shares of the network equipment provider’s stock worth $2,871,000 after acquiring an additional 150 shares in the last quarter. Pacifica Partners Inc. boosted its position in shares of Cisco Systems by 0.5% during the 2nd quarter. Pacifica Partners Inc. now owns 34,060 shares of the network equipment provider’s stock worth $2,338,000 after acquiring an additional 155 shares in the last quarter. Pacific Sage Partners LLC boosted its position in shares of Cisco Systems by 0.9% during the 2nd quarter. Pacific Sage Partners LLC now owns 16,746 shares of the network equipment provider’s stock worth $1,162,000 after acquiring an additional 156 shares in the last quarter. Finally, Childress Capital Advisors LLC boosted its position in shares of Cisco Systems by 0.8% during the 2nd quarter. Childress Capital Advisors LLC now owns 18,806 shares of the network equipment provider’s stock worth $1,305,000 after acquiring an additional 157 shares in the last quarter. 73.33% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Several research analysts have recently issued reports on the company. Rosenblatt Securities reaffirmed a “buy” rating and set a $87.00 price objective on shares of Cisco Systems in a research report on Thursday, August 14th. Barclays upped their price objective on Cisco Systems from $66.00 to $71.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 14th. Piper Sandler upped their price objective on Cisco Systems from $64.00 to $70.00 and gave the stock a “neutral” rating in a research report on Thursday, August 14th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Cisco Systems in a research report on Saturday, September 27th. Finally, Evercore ISI upped their target price on Cisco Systems from $72.00 to $74.00 and gave the company an “in-line” rating in a research report on Thursday, August 14th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $74.53.
Insider Activity
In other Cisco Systems news, EVP Deborah L. Stahlkopf sold 2,718 shares of the company’s stock in a transaction that occurred on 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 sale, the executive vice president directly owned 157,184 shares of the company’s stock, valued at $10,701,086.72. This represents a 1.70% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Maria Victoria Wong sold 428 shares of the company’s stock in a transaction that occurred on Thursday, September 11th. The shares were sold at an average price of $68.25, for a total value of $29,211.00. Following the sale, the senior vice president directly owned 30,619 shares of the company’s stock, valued at approximately $2,089,746.75. This represents a 1.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 82,965 shares of company stock worth $5,559,996 over the last quarter. 0.01% of the stock is owned by insiders.
Cisco Systems Stock Up 0.1%
Shares of NASDAQ CSCO opened at $68.99 on Wednesday. The stock has a market cap of $272.73 billion, a PE ratio of 26.33, a price-to-earnings-growth ratio of 2.90 and a beta of 0.97. 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 52-week low of $52.11 and a 52-week high of $72.55. The business has a 50-day moving average price of $68.14 and a 200 day moving average price of $64.71.
Cisco Systems (NASDAQ:CSCO – Get Free Report) last posted 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 firm had revenue of $14.67 billion during the quarter, compared to the consensus estimate of $14.63 billion. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The firm’s revenue was up 7.6% compared to the same quarter last year. During the same period in the prior year, the business 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. Equities research analysts forecast 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. Shareholders of record on Friday, October 3rd will be paid 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 yield of 2.4%. Cisco Systems’s dividend payout ratio is currently 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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