Cisco Systems, Inc. $CSCO Stock Position Decreased by Paragon Capital Management LLC

Paragon Capital Management LLC decreased its stake in shares of Cisco Systems, Inc. (NASDAQ:CSCOFree Report) by 6.5% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 94,374 shares of the network equipment provider’s stock after selling 6,540 shares during the quarter. Cisco Systems comprises about 3.4% of Paragon Capital Management LLC’s investment portfolio, making the stock its 9th biggest holding. Paragon Capital Management LLC’s holdings in Cisco Systems were worth $6,548,000 as of its most recent filing with the Securities and Exchange Commission.

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

Insider Buying and Selling at Cisco Systems

In other Cisco Systems news, EVP Deborah L. Stahlkopf sold 2,718 shares of the company’s stock in a transaction dated Thursday, September 11th. The stock was sold at an average price of $68.08, for a total value of $185,041.44. Following the completion of the sale, the executive vice president owned 157,184 shares in the company, valued at $10,701,086.72. This represents a 1.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP Oliver Tuszik sold 17,526 shares of Cisco Systems stock in a transaction dated 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 transaction, the executive vice president directly owned 198,855 shares in the company, valued at approximately $13,512,197.25. The trade was a 8.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 33,089 shares of company stock worth $2,236,383. 0.01% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on CSCO shares. Citigroup upped their price objective on Cisco Systems from $80.00 to $85.00 and gave the company a “buy” rating in a research report on Thursday. Morgan Stanley upped their price target on Cisco Systems from $77.00 to $82.00 and gave the company an “overweight” rating in a report on Thursday. Erste Group Bank raised Cisco Systems from a “hold” rating to a “buy” rating in a research report on Monday, November 10th. Piper Sandler boosted their target price on Cisco Systems from $70.00 to $86.00 and gave the stock a “neutral” rating in a research report on Thursday. Finally, CICC Research upped their target price on shares of Cisco Systems from $78.00 to $84.00 and gave the company an “outperform” rating in a research note on Friday. Sixteen equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $83.75.

Get Our Latest Stock Report on Cisco Systems

Cisco Systems Stock Up 0.8%

CSCO stock opened at $78.00 on Friday. The company has a market cap of $307.38 billion, a price-to-earnings ratio of 29.77, a P/E/G 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. The business’s 50-day moving average is $69.87 and its two-hundred day moving average is $67.42. Cisco Systems, Inc. has a fifty-two week low of $52.11 and a fifty-two week high of $79.50.

Cisco Systems (NASDAQ:CSCOGet Free Report) last released its quarterly earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 EPS for the quarter, beating the consensus estimate of $0.98 by $0.02. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. The firm had revenue of $14.88 billion during the quarter, compared to analyst estimates of $14.77 billion. During the same quarter in the prior year, the firm earned $0.91 EPS. The business’s revenue for the quarter was up 7.5% compared to the same quarter last year. Cisco Systems has set its FY 2026 guidance at 4.080-4.140 EPS. Q2 2026 guidance at 1.010-1.030 EPS. As a group, analysts forecast that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.

Cisco Systems Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 21st. Stockholders of record on Friday, January 2nd will be paid a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a dividend yield of 2.1%. The ex-dividend date is Friday, January 2nd. Cisco Systems’s dividend payout ratio (DPR) is currently 62.60%.

About Cisco Systems

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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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