Wealth Management Associates Inc. Decreases Stake in Cisco Systems, Inc. $CSCO

Wealth Management Associates Inc. reduced its position in Cisco Systems, Inc. (NASDAQ:CSCO) by 1.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,388 shares of the network equipment provider’s stock after selling 173 shares during the period. Wealth Management Associates Inc.’s holdings in Cisco Systems were worth $790,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in CSCO. Postrock Partners LLC raised its position in Cisco Systems by 4.5% during the second quarter. Postrock Partners LLC now owns 3,480 shares of the network equipment provider’s stock valued at $241,000 after purchasing an additional 150 shares during the period. Mount Vernon Associates Inc. MD raised its position in Cisco Systems by 0.4% during the second quarter. Mount Vernon Associates Inc. MD now owns 41,379 shares of the network equipment provider’s stock valued at $2,871,000 after purchasing an additional 150 shares during the period. Lion Street Advisors LLC raised its position in Cisco Systems by 0.7% during the second quarter. Lion Street Advisors LLC now owns 20,694 shares of the network equipment provider’s stock valued at $1,436,000 after purchasing an additional 152 shares during the period. Boyd Watterson Asset Management LLC OH raised its position in Cisco Systems by 1.5% during the second quarter. Boyd Watterson Asset Management LLC OH now owns 10,445 shares of the network equipment provider’s stock valued at $725,000 after purchasing an additional 152 shares during the period. Finally, Balboa Wealth Partners raised its position in Cisco Systems by 1.7% during the second quarter. Balboa Wealth Partners now owns 9,150 shares of the network equipment provider’s stock valued at $635,000 after purchasing an additional 153 shares during the period. 73.33% of the stock is currently owned by hedge funds and other institutional investors.

Cisco Systems Trading Up 1.7%

Shares of NASDAQ CSCO opened at $72.62 on Wednesday. Cisco Systems, Inc. has a fifty-two week low of $52.11 and a fifty-two week high of $72.68. The company has a market cap of $287.08 billion, a price-to-earnings ratio of 27.72, a PEG ratio of 3.00 and a beta of 0.97. The business’s 50 day moving average price is $68.51 and its 200-day moving average price is $65.95. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.91 and a current ratio of 1.00.

Cisco Systems (NASDAQ:CSCO) last announced its quarterly earnings data on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share (EPS) for the quarter, topping 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 company had revenue of $14.67 billion for the quarter, compared to analysts’ expectations of $14.63 billion. During the same quarter in the prior year, the firm 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. On average, sell-side analysts expect that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.

Cisco Systems Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 22nd. Investors of record on Friday, October 3rd were paid a $0.41 dividend. The ex-dividend date of this dividend was Friday, October 3rd. This represents a $1.64 annualized dividend and a yield of 2.3%. Cisco Systems’s dividend payout ratio is 62.60%.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on CSCO. Evercore ISI upped their price objective 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. Wells Fargo & Company upped their target price on Cisco Systems from $75.00 to $83.00 and gave the company an “overweight” rating in a research note on Thursday, August 14th. Morgan Stanley increased their price target on Cisco Systems from $73.00 to $77.00 and gave the stock an “overweight” rating in a report on Friday, October 10th. Piper Sandler increased their price target on Cisco Systems from $64.00 to $70.00 and gave the stock a “neutral” rating in a report on Thursday, August 14th. Finally, Rosenblatt Securities reiterated a “buy” rating and issued a $87.00 price target on shares of Cisco Systems 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 issued a Hold rating to the company. According to MarketBeat.com, Cisco Systems currently has a consensus rating of “Moderate Buy” and an average target price of $74.72.

Insider Buying and Selling

In related news, insider Jeetendra I. Patel sold 9,061 shares of the stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $66.60, for a total value of $603,462.60. Following the transaction, the insider owned 237,405 shares of the company’s stock, valued at $15,811,173. This represents a 3.68% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Charles Robbins sold 30,557 shares of the stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $66.63, for a total value of $2,036,012.91. Following the completion of the transaction, the chief executive officer directly owned 639,000 shares in the company, valued at approximately $42,576,570. This trade represents a 4.56% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 82,965 shares of company stock valued at $5,559,996 over the last 90 days. 0.01% of the stock is owned by insiders.

About Cisco Systems

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.