Cisco Systems, Inc. $CSCO Shares Bought by Future Fund LLC

Future Fund LLC lifted its position in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 10.2% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 18,334 shares of the network equipment provider’s stock after buying an additional 1,703 shares during the quarter. Future Fund LLC’s holdings in Cisco Systems were worth $1,272,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in CSCO. Summit Asset Management LLC raised its position in Cisco Systems by 3.4% during the second quarter. Summit Asset Management LLC now owns 6,108 shares of the network equipment provider’s stock worth $424,000 after acquiring an additional 200 shares during the last quarter. Midwest Trust Co purchased a new position in shares of Cisco Systems during the 2nd quarter worth approximately $76,617,000. CSM Advisors LLC increased its stake in shares of Cisco Systems by 888.2% during the 2nd quarter. CSM Advisors LLC now owns 600,531 shares of the network equipment provider’s stock worth $41,667,000 after purchasing an additional 539,760 shares in the last quarter. Sound View Wealth Advisors Group LLC raised its position in shares of Cisco Systems by 5.3% during the 2nd quarter. Sound View Wealth Advisors Group LLC now owns 46,508 shares of the network equipment provider’s stock worth $3,227,000 after purchasing an additional 2,344 shares during the last quarter. Finally, Rathbones Group PLC lifted its stake in Cisco Systems by 2.6% in the 2nd quarter. Rathbones Group PLC now owns 294,573 shares of the network equipment provider’s stock valued at $20,437,000 after buying an additional 7,479 shares in the last quarter. 73.33% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on CSCO. Barclays raised their price target 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. UBS Group upgraded Cisco Systems from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $74.00 to $88.00 in a research report on Monday, November 3rd. William Blair upgraded shares of Cisco Systems to a “hold” rating in a report on Thursday, August 14th. CICC Research initiated coverage on shares of Cisco Systems in a research note on Monday, July 14th. They set an “outperform” rating and a $78.00 price target on the stock. Finally, Morgan Stanley lifted their price target on shares of Cisco Systems from $73.00 to $77.00 and gave the stock an “overweight” rating in a report on Friday, October 10th. One investment 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’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $75.50.

Insider Activity at Cisco Systems

In other news, CEO Charles Robbins sold 30,557 shares of the company’s stock in a transaction on Friday, August 15th. The stock was 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 $42,576,570. This represents a 4.56% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, EVP Oliver Tuszik sold 17,526 shares of Cisco Systems stock in a transaction on Friday, September 19th. The shares were sold at an average price of $67.95, for a total value of $1,190,891.70. Following the completion of the transaction, the executive vice president owned 198,855 shares in the company, valued at $13,512,197.25. The trade was a 8.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 82,965 shares of company stock worth $5,559,996. 0.01% of the stock is owned by corporate insiders.

Cisco Systems Stock Up 0.0%

Shares of 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 firm has a market cap of $280.07 billion, a price-to-earnings ratio of 27.13, a PEG ratio of 3.00 and a beta of 0.95. The stock’s 50-day moving average price is $69.19 and its two-hundred day moving average price is $66.86. Cisco Systems, Inc. has a 12-month low of $52.11 and a 12-month 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 analysts’ consensus estimates of $0.98 by $0.01. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. The company had revenue of $14.67 billion during the quarter, compared to the consensus estimate of $14.63 billion. During the same quarter in the prior year, the company posted $0.87 EPS. The company’s quarterly 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, research analysts forecast that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Dividend Announcement

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