Logan Capital Management Inc. Has $12.93 Million Holdings in Cisco Systems, Inc. $CSCO

Logan Capital Management Inc. decreased its position in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 30.2% in the 2nd quarter, HoldingsChannel reports. The fund owned 186,413 shares of the network equipment provider’s stock after selling 80,750 shares during the period. Logan Capital Management Inc.’s holdings in Cisco Systems were worth $12,933,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. IQ EQ FUND MANAGEMENT IRELAND Ltd grew its position in Cisco Systems by 1.0% in the 2nd quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 193,935 shares of the network equipment provider’s stock valued at $13,455,000 after purchasing an additional 2,000 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its stake in shares of Cisco Systems by 15.7% in the second quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 1,396,668 shares of the network equipment provider’s stock valued at $96,901,000 after buying an additional 189,300 shares in the last quarter. Rossby Financial LCC grew its holdings in shares of Cisco Systems by 12.3% during the second quarter. Rossby Financial LCC now owns 6,705 shares of the network equipment provider’s stock valued at $465,000 after buying an additional 734 shares during the last quarter. SYM FINANCIAL Corp increased its position in shares of Cisco Systems by 2.5% during the second quarter. SYM FINANCIAL Corp now owns 11,062 shares of the network equipment provider’s stock worth $767,000 after acquiring an additional 268 shares in the last quarter. Finally, Facet Wealth Inc. increased its position in shares of Cisco Systems by 71.6% during the second quarter. Facet Wealth Inc. now owns 6,300 shares of the network equipment provider’s stock worth $429,000 after acquiring an additional 2,629 shares in the last quarter. 73.33% of the stock is currently owned by institutional investors.

Insider Activity

In related news, CEO Charles Robbins sold 30,557 shares of Cisco Systems stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $66.63, for a total value of $2,036,012.91. Following the sale, the chief executive officer owned 639,000 shares of the company’s stock, valued at approximately $42,576,570. The trade was a 4.56% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Deborah L. Stahlkopf sold 9,783 shares of the company’s stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $66.60, for a total value of $651,547.80. Following the completion of the transaction, the executive vice president owned 161,662 shares in the company, valued at approximately $10,766,689.20. The trade was a 5.71% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 82,965 shares of company stock worth $5,559,996. 0.01% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the stock. Morgan Stanley raised their price target on shares of Cisco Systems from $73.00 to $77.00 and gave the company an “overweight” rating in a research report on Friday, October 10th. JPMorgan Chase & Co. raised their target price on Cisco Systems from $73.00 to $78.00 and gave the company an “overweight” rating in a report on Thursday, July 17th. William Blair upgraded Cisco Systems to a “hold” rating in a report on Thursday, August 14th. HSBC reissued a “hold” rating and issued a $69.00 price target on shares of Cisco Systems in a research report on Friday, August 15th. Finally, Evercore ISI lifted their price objective on shares of Cisco Systems from $72.00 to $74.00 and gave the stock an “in-line” rating in a report on Thursday, August 14th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $74.72.

Cisco Systems Stock Performance

Shares of Cisco Systems stock opened at $71.39 on Tuesday. The firm has a market capitalization of $282.22 billion, a P/E ratio of 27.25, a price-to-earnings-growth ratio of 2.97 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. The business’s fifty day simple moving average is $68.39 and its 200 day simple moving average is $65.84. Cisco Systems, Inc. has a 12 month low of $52.11 and a 12 month high of $72.55.

Cisco Systems (NASDAQ:CSCO) last announced its earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share (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 analyst estimates 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 was up 7.6% compared to the same quarter last year. During the same period last year, the firm posted $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, analysts anticipate that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 22nd. Shareholders of record on Friday, October 3rd were paid a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date was 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.