Fountainhead AM LLC Buys 5,642 Shares of Cisco Systems, Inc. $CSCO

Fountainhead AM LLC increased its position in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 124.3% during the second quarter, Holdings Channel reports. The institutional investor owned 10,180 shares of the network equipment provider’s stock after purchasing an additional 5,642 shares during the quarter. Fountainhead AM LLC’s holdings in Cisco Systems were worth $706,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its position in shares of Cisco Systems by 0.5% during the first quarter. Vanguard Group Inc. now owns 388,949,854 shares of the network equipment provider’s stock valued at $24,002,095,000 after purchasing an additional 1,865,648 shares during the period. Invesco Ltd. boosted its stake in Cisco Systems by 10.4% during the first quarter. Invesco Ltd. now owns 47,117,146 shares of the network equipment provider’s stock worth $2,907,599,000 after buying an additional 4,437,450 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in Cisco Systems by 37.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 46,973,293 shares of the network equipment provider’s stock valued at $2,898,722,000 after buying an additional 12,775,066 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of Cisco Systems by 3.6% in the 1st 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 valued at $2,332,492,000 after buying an additional 1,326,354 shares in the last quarter. Finally, Amundi lifted its holdings in shares of Cisco Systems by 11.0% during the 1st 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 and hedge funds own 73.33% of the company’s stock.

Cisco Systems Trading Up 0.0%

CSCO stock opened at $71.07 on Monday. The business has a fifty day moving average price of $69.19 and a 200 day moving average price of $66.94. 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, Inc. has a fifty-two week low of $52.11 and a fifty-two week high of $74.84. The stock has a market capitalization of $280.07 billion, a price-to-earnings ratio of 27.13, a P/E/G ratio of 3.00 and a beta of 0.95.

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, topping analysts’ consensus estimates 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 analyst estimates of $14.63 billion. During the same quarter in the previous year, the firm earned $0.87 earnings per share. The business’s revenue was up 7.6% on a year-over-year basis. Cisco Systems has set its Q1 2026 guidance at 0.970-0.990 EPS. FY 2026 guidance at 4.000-4.060 EPS. Analysts expect that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.

Cisco Systems Announces Dividend

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

Insider Buying and Selling

In related news, CEO Charles Robbins sold 30,557 shares of the business’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 value of $2,036,012.91. Following the completion of the transaction, the chief executive officer owned 639,000 shares in the company, valued at $42,576,570. The trade was a 4.56% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Thimaya K. Subaiya sold 7,511 shares of the stock in a transaction on Wednesday, August 20th. The shares were sold at an average price of $66.84, for a total value of $502,035.24. Following the completion of the transaction, the executive vice president owned 161,467 shares in the company, valued at $10,792,454.28. The trade was a 4.44% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 82,965 shares of company stock valued at $5,559,996. Insiders own 0.01% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on CSCO. Weiss Ratings reissued a “buy (b)” rating on shares of Cisco Systems in a research note on Thursday, October 30th. JPMorgan Chase & Co. upped their price objective on Cisco Systems from $73.00 to $78.00 and gave the company an “overweight” rating in a research note on Thursday, July 17th. Wells Fargo & Company increased their target price on Cisco Systems from $75.00 to $83.00 and gave the stock an “overweight” rating in a report on Thursday, August 14th. Bank of America boosted their price target on Cisco Systems from $76.00 to $85.00 and gave the company a “buy” rating in a research note on Thursday, August 14th. Finally, William Blair upgraded Cisco Systems to a “hold” rating in a research report on Thursday, August 14th. One 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 stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $75.50.

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.