Mraz Amerine & Associates Inc. reduced its position in shares of Cisco Systems, Inc. (NASDAQ:CSCO – Free Report) by 9.9% during the second quarter, Holdings Channel reports. The institutional investor owned 3,428 shares of the network equipment provider’s stock after selling 378 shares during the period. Mraz Amerine & Associates Inc.’s holdings in Cisco Systems were worth $238,000 as of its most recent SEC filing.
Other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. increased its holdings in Cisco Systems by 0.5% during the 1st quarter. Vanguard Group Inc. now owns 388,949,854 shares of the network equipment provider’s stock worth $24,002,095,000 after purchasing an additional 1,865,648 shares in the last quarter. Invesco Ltd. increased its holdings in Cisco Systems by 10.4% during the 1st quarter. Invesco Ltd. now owns 47,117,146 shares of the network equipment provider’s stock worth $2,907,599,000 after purchasing an additional 4,437,450 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in Cisco Systems by 37.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 46,973,293 shares of the network equipment provider’s stock worth $2,898,722,000 after purchasing an additional 12,775,066 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in Cisco Systems by 3.6% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 37,797,629 shares of the network equipment provider’s stock worth $2,332,492,000 after purchasing an additional 1,326,354 shares in the last quarter. Finally, Amundi increased its holdings in Cisco Systems by 11.0% during the 1st quarter. Amundi now owns 29,170,847 shares of the network equipment provider’s stock worth $1,679,312,000 after purchasing an additional 2,898,391 shares in the last quarter. 73.33% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several equities analysts have recently issued reports on CSCO shares. Bank of America upped their target price on Cisco Systems from $76.00 to $85.00 and gave the company a “buy” rating in a report on Thursday, August 14th. 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 report on Thursday, August 14th. Wall Street Zen lowered Cisco Systems from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 12th. HSBC reaffirmed a “hold” rating and issued a $69.00 target price on shares of Cisco Systems in a report on Friday, August 15th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Cisco Systems in a report on Saturday, September 27th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $74.53.
Cisco Systems Price Performance
Shares of NASDAQ CSCO opened at $68.99 on Wednesday. The stock has a fifty day simple moving average of $68.14 and a two-hundred day simple moving average of $64.71. Cisco Systems, Inc. has a 1-year low of $52.11 and a 1-year high of $72.55. The firm has a market cap of $272.73 billion, a price-to-earnings ratio of 26.33, a price-to-earnings-growth ratio of 2.90 and a beta of 0.97. The company has a current ratio of 1.00, a quick ratio of 0.91 and a debt-to-equity ratio of 0.49.
Cisco Systems (NASDAQ:CSCO – Get Free Report) last announced its quarterly earnings data on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share for the quarter, beating the consensus estimate of $0.98 by $0.01. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The business had revenue of $14.67 billion during the quarter, compared to analyst estimates of $14.63 billion. During the same period in the prior year, the company earned $0.87 earnings per share. Cisco Systems’s revenue was up 7.6% compared to the same quarter last year. Cisco Systems has set its Q1 2026 guidance at 0.970-0.990 EPS. FY 2026 guidance at 4.000-4.060 EPS. Analysts anticipate that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.
Cisco Systems Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 22nd. Shareholders of record on Friday, October 3rd will be given a dividend of $0.41 per share. The ex-dividend date is Friday, October 3rd. This represents a $1.64 annualized dividend and a dividend yield of 2.4%. Cisco Systems’s dividend payout ratio is currently 62.60%.
Insider Activity
In other Cisco Systems news, EVP Deborah L. Stahlkopf sold 2,718 shares of the stock in a transaction 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 sale, the executive vice president owned 157,184 shares in the company, valued at $10,701,086.72. This represents a 1.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Oliver Tuszik sold 17,526 shares of the stock in a transaction on 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 owned 198,855 shares in the company, valued at $13,512,197.25. This trade represents a 8.10% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 82,965 shares of company stock valued at $5,559,996. 0.01% of the stock is currently owned by corporate insiders.
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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