Soltis Investment Advisors LLC Grows Stock Holdings in Cisco Systems, Inc. $CSCO

Soltis Investment Advisors LLC increased its position in Cisco Systems, Inc. (NASDAQ:CSCO) by 19.5% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 13,523 shares of the network equipment provider’s stock after acquiring an additional 2,206 shares during the period. Soltis Investment Advisors LLC’s holdings in Cisco Systems were worth $938,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Financial Connections Group Inc. lifted its holdings 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 valued at $28,000 after purchasing an additional 193 shares in the last quarter. Pandora Wealth Inc. purchased a new position in shares of Cisco Systems in the 1st quarter worth $31,000. Nova Wealth Management Inc. purchased a new stake in Cisco Systems during the first quarter valued at approximately $31,000. Brown Shipley& Co Ltd purchased a new position in Cisco Systems during the second quarter worth $32,000. Finally, Accent Capital Management LLC bought a new position in Cisco Systems during the 1st quarter valued at about $36,000. Hedge funds and other institutional investors own 73.33% of the company’s stock.

Insider Activity

In other news, EVP Thimaya K. Subaiya sold 7,511 shares of the business’s stock in a transaction dated Wednesday, August 20th. The stock was sold at an average price of $66.84, for a total transaction of $502,035.24. Following the completion of the transaction, the executive vice president directly owned 161,467 shares of the company’s stock, valued at approximately $10,792,454.28. The trade was a 4.44% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Charles Robbins sold 30,557 shares of the firm’s stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $66.63, for a total transaction of $2,036,012.91. Following the completion of the sale, 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 sold a total of 82,965 shares of company stock worth $5,559,996 over the last three months. Company insiders own 0.01% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on CSCO. CICC Research initiated coverage on Cisco Systems in a report on Monday, July 14th. They issued an “outperform” rating and a $78.00 price target for the company. William Blair upgraded shares of Cisco Systems to a “hold” rating in a report on Thursday, August 14th. Evercore ISI boosted their price target on Cisco Systems from $72.00 to $74.00 and gave the company an “in-line” rating in a research note on Thursday, August 14th. Morgan Stanley upped their price target on shares of Cisco Systems from $73.00 to $77.00 and gave the company an “overweight” rating in a report on Friday, October 10th. Finally, Wall Street Zen cut shares of Cisco Systems from a “strong-buy” rating to a “buy” rating in a research note on Saturday, July 12th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat.com, Cisco Systems has a consensus rating of “Moderate Buy” and a consensus price target of $75.50.

Cisco Systems Stock Performance

NASDAQ CSCO opened at $71.04 on Friday. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.00 and a quick ratio of 0.91. The company has a market cap of $279.95 billion, a P/E ratio of 27.11, a P/E/G ratio of 3.00 and a beta of 0.95. The stock has a 50-day moving average of $69.15 and a two-hundred day moving average of $66.66. Cisco Systems, Inc. has a 1-year low of $52.11 and a 1-year high of $74.84.

Cisco Systems (NASDAQ:CSCO) last posted its quarterly earnings data 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 business had revenue of $14.67 billion during the quarter, compared to analyst estimates of $14.63 billion. During the same quarter last year, the firm posted $0.87 earnings per share. The business’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. 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. Investors of record on Friday, October 3rd were issued a $0.41 dividend. The ex-dividend date was Friday, October 3rd. This represents a $1.64 dividend on an annualized basis and a yield of 2.3%. Cisco Systems’s dividend payout ratio (DPR) is 62.60%.

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.