Fusion Capital LLC Purchases 1,471 Shares of Cisco Systems, Inc. $CSCO

Fusion Capital LLC lifted its position in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 1.2% in the second quarter, Holdings Channel reports. The institutional investor owned 119,698 shares of the network equipment provider’s stock after acquiring an additional 1,471 shares during the period. Cisco Systems makes up about 2.8% of Fusion Capital LLC’s portfolio, making the stock its 12th largest position. Fusion Capital LLC’s holdings in Cisco Systems were worth $8,305,000 at the end of the most recent quarter.

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

Analyst Upgrades and Downgrades

CSCO has been the topic of several analyst reports. UBS Group increased their target price on Cisco Systems from $88.00 to $90.00 and gave the stock a “buy” rating in a report on Thursday. Hsbc Global Res lowered shares of Cisco Systems from a “strong-buy” rating to a “hold” rating in a report on Friday, August 15th. Erste Group Bank raised shares of Cisco Systems from a “hold” rating to a “buy” rating in a report on Monday, November 10th. Rosenblatt Securities boosted their price objective on shares of Cisco Systems from $87.00 to $100.00 and gave the company a “buy” rating in a research report on Thursday. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Cisco Systems in a research note on Thursday, October 30th. Sixteen analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $83.75.

Cisco Systems Stock Up 0.8%

Cisco Systems stock opened at $78.00 on Friday. The firm has a market cap of $307.38 billion, a price-to-earnings ratio of 29.77, a PEG 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 $79.50. 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 firm has a 50 day moving average price of $69.87 and a two-hundred day moving average price of $67.42.

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

Cisco Systems Announces Dividend

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

Insider Activity at Cisco Systems

In other Cisco Systems news, EVP Thimaya K. Subaiya sold 1,744 shares of the stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $66.78, for a total value of $116,464.32. Following the transaction, the executive vice president owned 158,009 shares in the company, valued at approximately $10,551,841.02. This represents a 1.09% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Maria Victoria Wong sold 428 shares of the business’s stock in a transaction that occurred on Thursday, September 11th. The shares were sold at an average price of $68.25, for a total value of $29,211.00. Following the sale, the senior vice president owned 30,619 shares of the company’s stock, valued at approximately $2,089,746.75. This represents a 1.38% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 33,089 shares of company stock valued at $2,236,383. Company insiders own 0.01% of the company’s stock.

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.