Aspiriant LLC Sells 393 Shares of Cisco Systems, Inc. $CSCO

Aspiriant LLC lowered its stake in shares of Cisco Systems, Inc. (NASDAQ:CSCOFree Report) by 2.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 18,238 shares of the network equipment provider’s stock after selling 393 shares during the quarter. Aspiriant LLC’s holdings in Cisco Systems were worth $1,265,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Financial Connections Group Inc. increased its position in Cisco Systems by 89.4% during the second quarter. Financial Connections Group Inc. now owns 409 shares of the network equipment provider’s stock worth $28,000 after acquiring an additional 193 shares during the period. Pandora Wealth Inc. bought a new position in Cisco Systems during the first quarter worth $31,000. Nova Wealth Management Inc. bought a new position in Cisco Systems during the first quarter worth $31,000. Brown Shipley& Co Ltd bought a new position in Cisco Systems during the second quarter worth $32,000. Finally, Fairway Wealth LLC increased its position in Cisco Systems by 224.7% during the first quarter. Fairway Wealth LLC now owns 578 shares of the network equipment provider’s stock worth $36,000 after acquiring an additional 400 shares during the period. Institutional investors own 73.33% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the stock. Hsbc Global Res lowered shares of Cisco Systems from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 15th. UBS Group lifted their price target on shares of Cisco Systems from $70.00 to $74.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 5th. Wall Street Zen downgraded shares of Cisco Systems from a “strong-buy” rating to a “buy” rating in a research note on Saturday, July 12th. Barclays lifted their price target on shares of Cisco Systems from $66.00 to $71.00 and gave the stock an “equal weight” rating in a research note on Thursday, August 14th. Finally, William Blair upgraded shares of Cisco Systems to a “hold” 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 issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $74.72.

View Our Latest Report on CSCO

Insider Buying and Selling

In related news, SVP Maria Victoria Wong sold 428 shares of Cisco Systems stock in a transaction dated Thursday, September 11th. The stock was sold at an average price of $68.25, for a total value of $29,211.00. Following the completion of the transaction, the senior vice president directly owned 30,619 shares of the company’s stock, valued at $2,089,746.75. The trade was a 1.38% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Oliver Tuszik sold 17,526 shares of Cisco Systems stock in a transaction dated Friday, September 19th. The shares were sold at an average price of $67.95, for a total value of $1,190,891.70. Following the completion of the transaction, the executive vice president directly owned 198,855 shares of the company’s stock, valued at $13,512,197.25. This represents a 8.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 82,965 shares of company stock worth $5,559,996 in the last three months. Company insiders own 0.01% of the company’s stock.

Cisco Systems Stock Up 1.5%

Shares of NASDAQ:CSCO opened at $70.13 on Friday. Cisco Systems, Inc. has a 52 week low of $52.11 and a 52 week high of $72.55. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.91 and a current ratio of 1.00. The company’s fifty day moving average is $68.20 and its 200-day moving average is $65.11. The company has a market capitalization of $277.24 billion, a PE ratio of 26.77, a P/E/G ratio of 2.91 and a beta of 0.97.

Cisco Systems (NASDAQ:CSCOGet Free Report) last issued 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. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. The company had revenue of $14.67 billion for the quarter, compared to the consensus estimate of $14.63 billion. During the same quarter in the previous year, the company earned $0.87 EPS. The firm’s revenue for the quarter 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. 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 announced 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. This represents a $1.64 annualized dividend and a dividend yield of 2.3%. The ex-dividend date is Friday, October 3rd. Cisco Systems’s payout ratio is currently 62.60%.

Cisco Systems Profile

(Free Report)

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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Institutional Ownership by Quarter for Cisco Systems (NASDAQ:CSCO)

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