One Charles Private Wealth Services LLC increased its position in shares of Cisco Systems, Inc. (NASDAQ:CSCO – Free Report) by 24.1% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 6,422 shares of the network equipment provider’s stock after purchasing an additional 1,249 shares during the quarter. One Charles Private Wealth Services LLC’s holdings in Cisco Systems were worth $446,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors have also recently made changes to their positions in CSCO. Brighton Jones LLC raised its position in Cisco Systems by 49.5% in the fourth 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 during the period. Revolve Wealth Partners LLC grew its holdings in shares of Cisco Systems by 37.0% in the fourth quarter. Revolve Wealth Partners LLC now owns 9,156 shares of the network equipment provider’s stock valued at $542,000 after purchasing an additional 2,474 shares in the last quarter. Assetmark Inc. increased its stake in Cisco Systems by 13.0% during the 1st quarter. Assetmark Inc. now owns 97,377 shares of the network equipment provider’s stock worth $6,009,000 after buying an additional 11,213 shares during the period. TCW Group Inc. boosted its position in Cisco Systems by 5.7% in the 1st quarter. TCW Group Inc. now owns 58,949 shares of the network equipment provider’s stock valued at $3,638,000 after buying an additional 3,162 shares during the period. Finally, Shoker Investment Counsel Inc. boosted its position in Cisco Systems by 0.4% in the 1st quarter. Shoker Investment Counsel Inc. now owns 61,975 shares of the network equipment provider’s stock valued at $3,825,000 after buying an additional 230 shares during the period. Institutional investors and hedge funds own 73.33% of the company’s stock.
Insider Buying and Selling
In other Cisco Systems news, SVP Maria Victoria Wong sold 9,801 shares of the company’s stock in a transaction dated Monday, November 24th. The shares were sold at an average price of $76.38, for a total value of $748,600.38. Following the completion of the transaction, the senior vice president directly owned 33,026 shares of the company’s stock, valued at $2,522,525.88. This represents a 22.89% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Thimaya K. Subaiya sold 56,038 shares of Cisco Systems stock in a transaction dated Wednesday, November 19th. The stock was sold at an average price of $78.33, for a total value of $4,389,456.54. Following the sale, the executive vice president directly owned 179,780 shares in the company, valued at approximately $14,082,167.40. The trade was a 23.76% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 1,024,627 shares of company stock valued at $79,621,482 over the last three months. Company insiders own 0.01% of the company’s stock.
Cisco Systems Stock Up 0.2%
Cisco Systems (NASDAQ:CSCO – Get Free Report) last announced its quarterly earnings data on Wednesday, November 12th. The network equipment provider reported $1.00 EPS for the quarter, beating 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 business 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 business earned $0.91 earnings per share. The business’s revenue for the quarter was up 7.5% on a year-over-year basis. Cisco Systems has set its FY 2026 guidance at 4.080-4.140 EPS. Q2 2026 guidance at 1.010-1.030 EPS. As a group, equities research analysts forecast that Cisco Systems, Inc. will post 3.04 earnings per share 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. This represents a $1.64 annualized dividend and a dividend yield of 2.2%. The ex-dividend date is Friday, January 2nd. Cisco Systems’s dividend payout ratio (DPR) is presently 61.65%.
Wall Street Analysts Forecast Growth
CSCO has been the topic of several analyst reports. Citic Securities increased their price objective on Cisco Systems from $75.00 to $90.00 in a research note on Monday, November 17th. William Blair raised shares of Cisco Systems to a “hold” rating in a research report on Thursday, August 14th. Barclays raised their price target on Cisco Systems from $71.00 to $76.00 and gave the company an “equal weight” rating in a research note on Thursday, November 13th. UBS Group boosted their target price on Cisco Systems from $88.00 to $90.00 and gave the stock a “buy” rating in a research note on Thursday, November 13th. Finally, Wells Fargo & Company boosted their price objective on shares of Cisco Systems from $83.00 to $95.00 and gave the stock an “overweight” rating in a research 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 company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $84.14.
Read Our Latest Report on CSCO
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.
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