Lodestone Wealth Management LLC Cuts Stock Holdings in Cisco Systems, Inc. $CSCO

Lodestone Wealth Management LLC lessened its holdings in Cisco Systems, Inc. (NASDAQ:CSCO) by 2.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 34,465 shares of the network equipment provider’s stock after selling 1,026 shares during the quarter. Cisco Systems accounts for about 1.2% of Lodestone Wealth Management LLC’s holdings, making the stock its 28th biggest position. Lodestone Wealth Management LLC’s holdings in Cisco Systems were worth $2,391,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Brighton Jones LLC increased its holdings in shares of Cisco Systems by 49.5% in the 4th quarter. Brighton Jones LLC now owns 74,187 shares of the network equipment provider’s stock valued at $4,392,000 after purchasing an additional 24,562 shares in the last quarter. Revolve Wealth Partners LLC grew its position in Cisco Systems by 37.0% during the fourth quarter. Revolve Wealth Partners LLC now owns 9,156 shares of the network equipment provider’s stock worth $542,000 after buying an additional 2,474 shares during the period. Ignite Planners LLC grew its position in Cisco Systems by 35.1% during the first quarter. Ignite Planners LLC now owns 10,957 shares of the network equipment provider’s stock worth $637,000 after buying an additional 2,849 shares during the period. PFG Advisors increased its holdings in Cisco Systems by 49.0% in the first quarter. PFG Advisors now owns 25,367 shares of the network equipment provider’s stock valued at $1,565,000 after buying an additional 8,344 shares in the last quarter. Finally, SYM FINANCIAL Corp lifted its position in shares of Cisco Systems by 18.1% during the 1st quarter. SYM FINANCIAL Corp now owns 10,794 shares of the network equipment provider’s stock valued at $666,000 after acquiring an additional 1,654 shares during the period. 73.33% of the stock is owned by hedge funds and other institutional investors.

Cisco Systems Trading Up 1.3%

Cisco Systems stock opened at $78.39 on Thursday. The stock has a 50-day moving average price of $70.49 and a 200 day moving average price of $67.90. Cisco Systems, Inc. has a 52 week low of $52.11 and a 52 week high of $79.50. The stock has a market cap of $308.91 billion, a PE ratio of 29.92, a P/E/G ratio of 3.00 and a beta of 0.95. The company has a current ratio of 1.00, a quick ratio of 0.91 and a debt-to-equity ratio of 0.49.

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

Cisco Systems Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 21st. Shareholders of record on Friday, January 2nd will be issued a $0.41 dividend. The ex-dividend date is Friday, January 2nd. This represents a $1.64 annualized dividend and a yield of 2.1%. Cisco Systems’s payout ratio is 61.65%.

Insider Activity at Cisco Systems

In related news, insider Jeetendra I. Patel sold 163,896 shares of the stock in a transaction dated Friday, November 14th. The stock was sold at an average price of $77.86, for a total transaction of $12,760,942.56. Following the transaction, the insider directly owned 281,108 shares in the company, valued at approximately $21,887,068.88. This represents a 36.83% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Charles Robbins sold 281,860 shares of Cisco Systems stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $78.35, for a total value of $22,083,731.00. Following the completion of the sale, the chief executive officer owned 820,887 shares of the company’s stock, valued at $64,316,496.45. This trade represents a 25.56% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 961,950 shares of company stock worth $74,696,164. Company insiders own 0.01% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently weighed in on CSCO. Argus upped their price target on Cisco Systems from $80.00 to $100.00 in a report on Thursday, November 13th. Weiss Ratings reiterated a “buy (b)” rating on shares of Cisco Systems in a research report on Thursday, October 30th. JPMorgan Chase & Co. raised their price target on Cisco Systems from $80.00 to $90.00 and gave the company an “overweight” rating in a research report on Thursday, November 13th. Citigroup lifted their price target on Cisco Systems from $80.00 to $85.00 and gave the stock a “buy” rating in a research note on Thursday, November 13th. Finally, Wells Fargo & Company increased their price objective on shares of Cisco Systems from $83.00 to $95.00 and gave the company an “overweight” rating in a research note on Thursday, November 13th. Seventeen analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $84.14.

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.