Slagle Financial LLC Acquires 2,288 Shares of Cisco Systems, Inc. $CSCO

Slagle Financial LLC raised its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 3.7% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 63,610 shares of the network equipment provider’s stock after buying an additional 2,288 shares during the period. Cisco Systems comprises 1.8% of Slagle Financial LLC’s portfolio, making the stock its 14th largest holding. Slagle Financial LLC’s holdings in Cisco Systems were worth $4,413,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Midwest Professional Planners LTD. increased its position in Cisco Systems by 31.1% in the second quarter. Midwest Professional Planners LTD. now owns 14,890 shares of the network equipment provider’s stock worth $1,033,000 after buying an additional 3,535 shares in the last quarter. Raiffeisen Bank International AG boosted its position in shares of Cisco Systems by 1.1% in the second quarter. Raiffeisen Bank International AG now owns 795,427 shares of the network equipment provider’s stock worth $54,241,000 after purchasing an additional 8,522 shares during the period. Y.D. More Investments Ltd lifted its stake in shares of Cisco Systems by 75.8% during the 2nd quarter. Y.D. More Investments Ltd now owns 2,667 shares of the network equipment provider’s stock valued at $185,000 after buying an additional 1,150 shares in the last quarter. Westpac Banking Corp boosted its holdings in Cisco Systems by 2.8% in the 2nd quarter. Westpac Banking Corp now owns 189,491 shares of the network equipment provider’s stock worth $13,147,000 after buying an additional 5,200 shares during the period. Finally, Summitry LLC raised its holdings in Cisco Systems by 21.1% during the second quarter. Summitry LLC now owns 119,006 shares of the network equipment provider’s stock valued at $8,257,000 after acquiring an additional 20,731 shares during the period. Hedge funds and other institutional investors own 73.33% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on CSCO. Citigroup upped their price objective on Cisco Systems from $80.00 to $85.00 and gave the stock a “buy” rating in a research note on Thursday. Erste Group Bank raised shares of Cisco Systems from a “hold” rating to a “buy” rating in a report on Monday, November 10th. Barclays lifted their price target on shares of Cisco Systems from $71.00 to $76.00 and gave the company an “equal weight” rating in a report on Thursday. Rosenblatt Securities raised their price objective on Cisco Systems from $87.00 to $100.00 and gave the company a “buy” rating in a research report on Thursday. Finally, Bank of America increased their price target on Cisco Systems from $85.00 to $95.00 and gave the company a “buy” rating in a research note on Thursday. Sixteen analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Cisco Systems presently has an average rating of “Moderate Buy” and an average price target of $83.75.

Cisco Systems Stock Performance

NASDAQ:CSCO opened at $78.00 on Monday. The firm has a market capitalization of $307.38 billion, a PE ratio of 29.77, a PEG ratio of 3.00 and a beta of 0.95. The stock’s fifty day moving average is $69.87 and its 200 day moving average is $67.56. Cisco Systems, Inc. has a fifty-two week low of $52.11 and a fifty-two 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.

Cisco Systems (NASDAQ:CSCO) last posted its quarterly earnings data on Wednesday, November 12th. The network equipment provider reported $1.00 earnings per share for the quarter, beating analysts’ consensus estimates of $0.98 by $0.02. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. The business had revenue of $14.88 billion for the quarter, compared to analysts’ expectations of $14.77 billion. During the same quarter in the previous year, the business posted $0.91 earnings per share. The business’s revenue 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. On average, sell-side analysts anticipate that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.

Cisco Systems Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 21st. Shareholders of record on Friday, January 2nd will be given 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 payout ratio is 61.65%.

Insiders Place Their Bets

In other Cisco Systems news, SVP Maria Victoria Wong sold 3,162 shares of the stock in a transaction on Monday, August 25th. The stock was sold at an average price of $67.28, for a total value of $212,739.36. Following the sale, the senior vice president owned 31,468 shares in the company, valued at $2,117,167.04. This trade represents a 9.13% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Deborah L. Stahlkopf sold 2,718 shares of Cisco Systems stock in a transaction on Thursday, September 11th. The stock was sold at an average price of $68.08, for a total value of $185,041.44. Following the sale, the executive vice president owned 157,184 shares of the company’s stock, valued at approximately $10,701,086.72. This trade represents a 1.70% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 33,089 shares of company stock worth $2,236,383. Corporate 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.