21,458 Shares in Cisco Systems, Inc. $CSCO Acquired by WBI Investments LLC

WBI Investments LLC bought a new stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO) during the 2nd quarter, HoldingsChannel.com reports. The firm bought 21,458 shares of the network equipment provider’s stock, valued at approximately $1,489,000.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Financial Connections Group Inc. increased its holdings in shares of 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 purchased a new position in Cisco Systems during the second quarter valued at approximately $28,000. Pandora Wealth Inc. purchased a new position in Cisco Systems during the first quarter valued at approximately $31,000. Nova Wealth Management Inc. acquired a new position in Cisco Systems in the 1st quarter valued at approximately $31,000. Finally, Brown Shipley& Co Ltd purchased a new position in shares of Cisco Systems during the 2nd quarter valued at $32,000. Hedge funds and other institutional investors own 73.33% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently issued reports on CSCO shares. UBS Group increased their price objective on Cisco Systems from $88.00 to $90.00 and gave the stock a “buy” rating in a report on Thursday, November 13th. Barclays upped their price objective on shares of Cisco Systems from $71.00 to $76.00 and gave the stock an “equal weight” rating in a report on Thursday, November 13th. Citic Securities boosted their price target on Cisco Systems from $75.00 to $90.00 in a research report on Monday. Wells Fargo & Company upped their price target on Cisco Systems from $83.00 to $95.00 and gave the stock an “overweight” rating in a research note on Thursday, November 13th. Finally, Piper Sandler raised their price objective on Cisco Systems from $70.00 to $86.00 and gave the company a “neutral” rating in a research note on Thursday, November 13th. Sixteen investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat.com, Cisco Systems has a consensus rating of “Moderate Buy” and a consensus price target of $84.05.

Cisco Systems Trading Down 0.3%

Cisco Systems stock opened at $77.78 on Tuesday. 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 market capitalization of $306.51 billion, a PE ratio of 29.69, a PEG ratio of 3.00 and a beta of 0.95. The business’s 50-day simple moving average is $70.08 and its 200-day simple moving average is $67.70.

Cisco Systems (NASDAQ:CSCO) last released its earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.98 by $0.02. The firm had revenue of $14.88 billion for the quarter, compared to analyst estimates of $14.77 billion. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The company’s revenue was up 7.5% on a year-over-year basis. During the same quarter last year, the firm 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 research analysts forecast that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.

Cisco Systems Dividend Announcement

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 given a dividend of $0.41 per share. The ex-dividend date of this dividend is Friday, January 2nd. This represents a $1.64 dividend on an annualized basis and a yield of 2.1%. Cisco Systems’s payout ratio is 61.65%.

Insider Activity at Cisco Systems

In other Cisco Systems news, SVP Maria Victoria Wong sold 428 shares of the firm’s stock in a transaction 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 directly owned 30,619 shares in the company, valued at $2,089,746.75. This trade represents a 1.38% 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 1,744 shares of the company’s stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $66.78, for a total transaction of $116,464.32. Following the transaction, the executive vice president directly owned 158,009 shares of the company’s stock, valued at $10,551,841.02. This represents a 1.09% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 33,089 shares of company stock valued at $2,236,383 in the last quarter. Company 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.