Wernau Asset Management Inc. Has $1.47 Million Stock Position in Cisco Systems, Inc. $CSCO

Wernau Asset Management Inc. reduced its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 14.7% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,196 shares of the network equipment provider’s stock after selling 3,641 shares during the quarter. Cisco Systems accounts for about 1.0% of Wernau Asset Management Inc.’s holdings, making the stock its 14th biggest position. Wernau Asset Management Inc.’s holdings in Cisco Systems were worth $1,471,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Vanguard Group Inc. lifted its stake in Cisco Systems by 1.3% during the 2nd quarter. Vanguard Group Inc. now owns 393,989,568 shares of the network equipment provider’s stock valued at $27,334,996,000 after acquiring an additional 5,039,714 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of 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 valued at $6,864,058,000 after purchasing an additional 1,157,704 shares in the last quarter. Invesco Ltd. boosted its holdings 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 purchasing an additional 4,437,450 shares during the last quarter. Goldman Sachs Group Inc. grew its position in Cisco Systems by 37.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 46,973,293 shares of the network equipment provider’s stock worth $2,898,722,000 after purchasing an additional 12,775,066 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Cisco Systems by 3.6% during the 1st 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 buying an additional 1,326,354 shares in the last quarter. Institutional investors own 73.33% of the company’s stock.

Insider Buying and Selling at Cisco Systems

In other news, SVP Maria Victoria Wong sold 3,162 shares of the firm’s stock in a transaction that occurred on Monday, August 25th. The shares were sold at an average price of $67.28, for a total value of $212,739.36. Following the transaction, the senior vice president owned 31,468 shares in the company, valued at approximately $2,117,167.04. This trade represents a 9.13% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Jeetendra I. Patel sold 163,896 shares of the stock in a transaction on Friday, November 14th. The shares were sold at an average price of $77.86, for a total transaction of $12,760,942.56. Following the sale, the insider directly owned 281,108 shares of the company’s stock, valued at $21,887,068.88. The trade was a 36.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 961,950 shares of company stock worth $74,696,164 over the last quarter. Company insiders own 0.01% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on CSCO. Citigroup increased their price objective on Cisco Systems from $80.00 to $85.00 and gave the company a “buy” rating in a report on Thursday, November 13th. Weiss Ratings restated a “buy (b)” rating on shares of Cisco Systems in a research note on Thursday, October 30th. Citic Securities raised their price objective on shares of Cisco Systems from $75.00 to $90.00 in a report on Monday. CICC Research boosted their target price on shares of Cisco Systems from $78.00 to $84.00 and gave the company an “outperform” rating in a report on Friday, November 14th. Finally, Melius Research raised their price target on Cisco Systems from $84.00 to $100.00 and gave the stock a “buy” rating in a report on Thursday, November 13th. Seventeen equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $84.14.

Cisco Systems Trading Up 1.2%

Shares of CSCO stock opened at $79.34 on Thursday. The company has a quick ratio of 0.91, a current ratio of 1.00 and a debt-to-equity ratio of 0.49. The firm has a market cap of $312.66 billion, a P/E ratio of 30.19, a price-to-earnings-growth ratio of 3.00 and a beta of 0.95. The business has a 50-day moving average price of $70.49 and a two-hundred day moving average price of $67.90. Cisco Systems, Inc. has a 12-month low of $52.11 and a 12-month high of $79.50.

Cisco Systems (NASDAQ:CSCO) last released its 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. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The company had revenue of $14.88 billion during the quarter, compared to the consensus estimate of $14.77 billion. During the same quarter in the previous year, the company posted $0.91 EPS. Cisco Systems’s quarterly 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. Equities analysts anticipate that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal 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 issued a dividend of $0.41 per share. The ex-dividend date 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 61.65%.

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.