Saturna Capital Corp Increases Stock Holdings in Cisco Systems, Inc. $CSCO

Saturna Capital Corp increased its position in Cisco Systems, Inc. (NASDAQ:CSCO) by 0.2% in the second quarter, Holdings Channel.com reports. The fund owned 1,744,887 shares of the network equipment provider’s stock after acquiring an additional 4,202 shares during the quarter. Cisco Systems makes up about 1.6% of Saturna Capital Corp’s holdings, making the stock its 23rd biggest holding. Saturna Capital Corp’s holdings in Cisco Systems were worth $121,060,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of CSCO. Vanguard Group Inc. increased its holdings in shares of Cisco Systems by 1.3% in the second quarter. Vanguard Group Inc. now owns 393,989,568 shares of the network equipment provider’s stock worth $27,334,996,000 after purchasing an additional 5,039,714 shares during the period. Geode Capital Management LLC grew its position in Cisco Systems by 1.2% during the second quarter. Geode Capital Management LLC now owns 99,252,395 shares of the network equipment provider’s stock worth $6,864,058,000 after buying an additional 1,157,704 shares in the last quarter. Invesco Ltd. grew its position in Cisco Systems by 10.4% during the first quarter. Invesco Ltd. now owns 47,117,146 shares of the network equipment provider’s stock worth $2,907,599,000 after buying an additional 4,437,450 shares in the last quarter. Goldman Sachs Group Inc. boosted its position in shares of Cisco Systems by 37.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 46,973,293 shares of the network equipment provider’s stock valued at $2,898,722,000 after acquiring an additional 12,775,066 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Cisco Systems by 3.6% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 37,797,629 shares of the network equipment provider’s stock worth $2,332,492,000 after purchasing an additional 1,326,354 shares during the last quarter. 73.33% of the stock is currently owned by hedge funds and other institutional investors.

Cisco Systems Price Performance

Shares of CSCO stock opened at $77.37 on Wednesday. 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 fifty-two week low of $52.11 and a fifty-two week high of $79.50. The firm has a market cap of $304.89 billion, a P/E ratio of 29.53, a P/E/G ratio of 3.00 and a beta of 0.95. The business’s 50 day moving average price is $70.29 and its 200-day moving average price is $67.83.

Cisco Systems (NASDAQ:CSCO) last announced its quarterly earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 EPS for the quarter, topping analysts’ consensus estimates of $0.98 by $0.02. The company had revenue of $14.88 billion during 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 firm’s revenue was up 7.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.91 earnings per share. 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, equities research analysts anticipate that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.

Cisco Systems Dividend Announcement

The business also recently declared 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 is Friday, January 2nd. This represents a $1.64 annualized dividend and a dividend yield of 2.1%. Cisco Systems’s payout ratio is currently 61.65%.

Analyst Ratings Changes

Several analysts have recently weighed in on CSCO shares. CICC Research raised their price objective on shares of Cisco Systems from $78.00 to $84.00 and gave the company an “outperform” rating in a research report on Friday, November 14th. William Blair raised shares of Cisco Systems to a “hold” rating in a research note on Thursday, August 14th. 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. Weiss Ratings reissued a “buy (b)” rating on shares of Cisco Systems in a research note on Thursday, October 30th. Finally, Bank of America increased their target price on Cisco Systems from $85.00 to $95.00 and gave the company a “buy” rating in a report on Thursday, November 13th. Seventeen investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $84.14.

Insider Buying and Selling

In other Cisco Systems news, SVP Maria Victoria Wong sold 3,162 shares of the firm’s stock in a transaction dated Monday, August 25th. The shares were sold at an average price of $67.28, for a total value of $212,739.36. Following the completion of the sale, the senior vice president directly 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 sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Charles Robbins sold 281,860 shares of the company’s stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $78.35, for a total value of $22,083,731.00. Following the transaction, the chief executive officer owned 820,887 shares in the company, valued at $64,316,496.45. This trade represents a 25.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 961,950 shares of company stock valued at $74,696,164 over the last quarter. 0.01% of the stock is currently owned by insiders.

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.