Cisco Systems, Inc. $CSCO Shares Sold by CM Wealth Advisors LLC

CM Wealth Advisors LLC lowered its position in Cisco Systems, Inc. (NASDAQ:CSCOFree Report) by 16.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,919 shares of the network equipment provider’s stock after selling 2,504 shares during the quarter. CM Wealth Advisors LLC’s holdings in Cisco Systems were worth $896,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. Financial Connections Group Inc. boosted its holdings in Cisco Systems by 89.4% in 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 during the last quarter. Legacy Investment Solutions LLC purchased a new position in shares of Cisco Systems during the 2nd quarter valued at approximately $28,000. Pandora Wealth Inc. acquired a new stake in shares of Cisco Systems during the first quarter worth approximately $31,000. Nova Wealth Management Inc. bought a new stake in shares of Cisco Systems in the first quarter worth $31,000. Finally, Brown Shipley& Co Ltd acquired a new stake in Cisco Systems in the second quarter valued at $32,000. 73.33% of the stock is currently owned by institutional investors and hedge funds.

Cisco Systems Stock Up 0.0%

NASDAQ:CSCO opened at $71.07 on Friday. 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 stock has a 50 day moving average of $69.19 and a 200-day moving average of $66.78. The firm has a market capitalization of $280.07 billion, a PE ratio of 27.13, a price-to-earnings-growth ratio of 3.00 and a beta of 0.95. Cisco Systems, Inc. has a 52 week low of $52.11 and a 52 week high of $74.84.

Cisco Systems (NASDAQ:CSCOGet Free Report) last released its quarterly earnings data on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 business’s revenue for the quarter was up 7.6% compared to the same quarter last year. During the same quarter in the previous 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. Analysts predict that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Announces Dividend

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

Wall Street Analyst Weigh In

Several brokerages have weighed in on CSCO. Wall Street Zen lowered shares of Cisco Systems from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 12th. Bank of America lifted their price target on Cisco Systems from $76.00 to $85.00 and gave the stock a “buy” rating in a research note on Thursday, August 14th. William Blair upgraded Cisco Systems to a “hold” rating in a research note on Thursday, August 14th. Barclays lifted 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, UBS Group raised Cisco Systems from a “neutral” rating to a “buy” rating and upped their price target for the company from $74.00 to $88.00 in a research report on Monday, November 3rd. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat, Cisco Systems presently has a consensus rating of “Moderate Buy” and a consensus target price of $75.50.

Check Out Our Latest Stock Report on CSCO

Insiders Place Their Bets

In related news, EVP Thimaya K. Subaiya sold 1,744 shares of Cisco Systems stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $66.78, for a total value of $116,464.32. Following the sale, the executive vice president directly owned 158,009 shares in the company, valued at $10,551,841.02. This trade represents a 1.09% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Maria Victoria Wong sold 428 shares of the company’s stock in a transaction dated Thursday, September 11th. The stock was sold at an average price of $68.25, for a total transaction of $29,211.00. Following the completion of the transaction, the senior vice president owned 30,619 shares of the company’s stock, valued at approximately $2,089,746.75. This trade represents a 1.38% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 82,965 shares of company stock worth $5,559,996. 0.01% of the stock is owned by company insiders.

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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