Brookwood Investment Group LLC Sells 13,429 Shares of Cisco Systems, Inc. $CSCO

Brookwood Investment Group LLC lessened its stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 77.3% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 3,943 shares of the network equipment provider’s stock after selling 13,429 shares during the period. Brookwood Investment Group LLC’s holdings in Cisco Systems were worth $274,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Vanguard Group Inc. boosted its stake in shares of Cisco Systems by 0.5% in the first quarter. Vanguard Group Inc. now owns 388,949,854 shares of the network equipment provider’s stock worth $24,002,095,000 after acquiring an additional 1,865,648 shares during the period. Invesco Ltd. boosted its stake in shares of Cisco Systems by 10.4% in the first quarter. Invesco Ltd. now owns 47,117,146 shares of the network equipment provider’s stock worth $2,907,599,000 after acquiring an additional 4,437,450 shares during the period. Goldman Sachs Group Inc. boosted its stake in shares of Cisco Systems by 37.4% in the first quarter. Goldman Sachs Group Inc. now owns 46,973,293 shares of the network equipment provider’s stock worth $2,898,722,000 after acquiring an additional 12,775,066 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of Cisco Systems by 3.6% in the first 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 acquiring an additional 1,326,354 shares during the period. Finally, Amundi boosted its stake in shares of Cisco Systems by 11.0% in the first quarter. Amundi now owns 29,170,847 shares of the network equipment provider’s stock worth $1,679,312,000 after acquiring an additional 2,898,391 shares during the period. Institutional investors own 73.33% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the company. Wells Fargo & Company boosted their target price on Cisco Systems from $75.00 to $83.00 and gave the stock an “overweight” rating in a research report on Thursday, August 14th. Hsbc Global Res downgraded Cisco Systems from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 15th. UBS Group boosted their target price on Cisco Systems from $70.00 to $74.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 5th. Barclays boosted their target price 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. Finally, CICC Research assumed coverage on Cisco Systems in a research report on Monday, July 14th. They issued an “outperform” rating and a $78.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $74.72.

Insider Activity

In related news, EVP Thimaya K. Subaiya sold 1,744 shares of the firm’s stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $66.78, for a total transaction of $116,464.32. Following the completion of the sale, the executive vice president directly owned 158,009 shares of the company’s stock, valued at approximately $10,551,841.02. This trade represents a 1.09% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Oliver Tuszik sold 17,526 shares of the firm’s stock in a transaction that occurred 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 sale, 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 is available in the SEC filing. Insiders sold 82,965 shares of company stock worth $5,559,996 in the last three months. Corporate insiders own 0.01% of the company’s stock.

Cisco Systems Price Performance

NASDAQ:CSCO opened at $72.62 on Wednesday. The firm has a market capitalization of $287.08 billion, a price-to-earnings ratio of 27.72, a PEG ratio of 3.00 and a beta of 0.97. Cisco Systems, Inc. has a 1 year low of $52.11 and a 1 year high of $72.68. The business has a 50 day simple moving average of $68.51 and a 200-day simple moving average of $65.95. 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) last posted its quarterly earnings data 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 business 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 company’s revenue for the quarter was up 7.6% on a year-over-year basis. During the same period last year, the company 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 analysts forecast that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 22nd. Investors of record on Friday, October 3rd were paid a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend was Friday, October 3rd. Cisco Systems’s dividend payout ratio (DPR) is currently 62.60%.

Cisco Systems 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.