Westbourne Investment Advisors Inc. Makes New Investment in Cisco Systems, Inc. $CSCO

Westbourne Investment Advisors Inc. bought a new position in shares of Cisco Systems, Inc. (NASDAQ:CSCO) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor bought 2,951 shares of the network equipment provider’s stock, valued at approximately $205,000.

Several other institutional investors and hedge funds have also recently modified their holdings of CSCO. Tiemann Investment Advisors LLC raised its holdings in Cisco Systems by 1.8% in the 2nd quarter. Tiemann Investment Advisors LLC now owns 18,802 shares of the network equipment provider’s stock worth $1,304,000 after purchasing an additional 325 shares during the period. VeraBank N.A. grew its holdings in Cisco Systems by 16.0% in the second quarter. VeraBank N.A. now owns 22,641 shares of the network equipment provider’s stock valued at $1,571,000 after purchasing an additional 3,118 shares during the period. STF Management LP increased its position in shares of Cisco Systems by 2.5% in the second quarter. STF Management LP now owns 62,494 shares of the network equipment provider’s stock valued at $4,336,000 after buying an additional 1,550 shares in the last quarter. Cascade Financial Partners LLC raised its stake in shares of Cisco Systems by 9.9% during the 2nd quarter. Cascade Financial Partners LLC now owns 7,806 shares of the network equipment provider’s stock worth $542,000 after buying an additional 700 shares during the period. Finally, Boston Partners lifted its position in shares of Cisco Systems by 9.4% during the 2nd quarter. Boston Partners now owns 3,827,170 shares of the network equipment provider’s stock valued at $265,472,000 after buying an additional 329,683 shares in the last quarter. Hedge funds and other institutional investors own 73.33% of the company’s stock.

Cisco Systems Stock Performance

Shares of Cisco Systems stock opened at $72.09 on Tuesday. The business’s 50 day moving average price is $69.25 and its 200 day moving average price is $67.05. The company has a market cap of $284.09 billion, a price-to-earnings ratio of 27.52, a PEG ratio of 3.00 and a beta of 0.95. 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, Inc. has a one year low of $52.11 and a one year high of $74.84.

Cisco Systems (NASDAQ:CSCO) last issued its earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share (EPS) for the quarter, beating 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 during the quarter, compared to analysts’ expectations of $14.63 billion. During the same period in the prior year, the business earned $0.87 EPS. The firm’s quarterly 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. On average, research analysts predict that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 22nd. Investors of record on Friday, October 3rd were given a dividend of $0.41 per share. 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%.

Wall Street Analyst Weigh In

CSCO has been the topic of several recent analyst reports. JPMorgan Chase & Co. increased their price objective on shares of Cisco Systems from $73.00 to $78.00 and gave the company an “overweight” rating in a report on Thursday, July 17th. Wells Fargo & Company raised their price target on shares of Cisco Systems from $75.00 to $83.00 and gave the company an “overweight” rating in a research note on Thursday, August 14th. Evercore ISI lifted their price objective on Cisco Systems from $72.00 to $74.00 and gave the stock an “in-line” rating in a report on Thursday, August 14th. Erste Group Bank raised Cisco Systems from a “hold” rating to a “buy” rating in a report on Monday. Finally, Rosenblatt Securities reaffirmed a “buy” rating and issued a $87.00 price target on shares of Cisco Systems in a research note on Thursday, August 14th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $75.50.

Insider Activity at Cisco Systems

In other Cisco Systems news, insider Jeetendra I. Patel sold 9,061 shares of the business’s stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $66.60, for a total value of $603,462.60. Following the transaction, the insider directly owned 237,405 shares in the company, valued at $15,811,173. The trade was a 3.68% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Oliver Tuszik sold 17,526 shares of the stock in a transaction that occurred on Friday, September 19th. The shares were sold at an average price of $67.95, for a total transaction of $1,190,891.70. Following the completion of the sale, the executive vice president directly owned 198,855 shares of the company’s stock, valued at approximately $13,512,197.25. This trade represents a 8.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 82,965 shares of company stock valued at $5,559,996 over the last ninety days. Corporate insiders own 0.01% of the company’s stock.

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.