Southeast Asset Advisors LLC Acquires 7,478 Shares of Cisco Systems, Inc. $CSCO

Southeast Asset Advisors LLC lifted its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 49.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,681 shares of the network equipment provider’s stock after purchasing an additional 7,478 shares during the period. Southeast Asset Advisors LLC’s holdings in Cisco Systems were worth $1,574,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Brighton Jones LLC grew its stake in 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 buying an additional 24,562 shares in the last quarter. Revolve Wealth Partners LLC grew its position 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. raised its stake in shares of Cisco Systems by 13.0% during the 1st quarter. Assetmark Inc. now owns 97,377 shares of the network equipment provider’s stock valued at $6,009,000 after purchasing an additional 11,213 shares during the period. TCW Group Inc. lifted its holdings in Cisco Systems by 5.7% during the 1st quarter. TCW Group Inc. now owns 58,949 shares of the network equipment provider’s stock worth $3,638,000 after purchasing an additional 3,162 shares in the last quarter. Finally, Shoker Investment Counsel Inc. boosted its stake 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 worth $3,825,000 after purchasing an additional 230 shares during the period. Hedge funds and other institutional investors own 73.33% of the company’s stock.

Insider Activity at Cisco Systems

In other Cisco Systems news, CEO Charles Robbins sold 116,734 shares of the stock in a transaction on Tuesday, November 18th. The shares were sold at an average price of $77.30, for a total transaction of $9,023,538.20. Following the completion of the sale, the chief executive officer owned 704,153 shares of the company’s stock, valued at $54,431,026.90. This represents a 14.22% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Maria Victoria Wong sold 9,801 shares of the firm’s stock in a transaction on Monday, November 24th. The stock was sold at an average price of $76.38, for a total transaction of $748,600.38. Following the completion of the sale, the senior vice president directly owned 33,026 shares in the company, valued at approximately $2,522,525.88. This trade represents a 22.89% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,024,627 shares of company stock worth $79,621,482 over the last ninety days. Insiders own 0.01% of the company’s stock.

Cisco Systems Price Performance

Shares of Cisco Systems stock opened at $76.24 on Tuesday. 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 52-week low of $52.11 and a 52-week high of $80.06. The company has a fifty day moving average of $71.02 and a 200-day moving average of $68.31. The stock has a market capitalization of $301.23 billion, a price-to-earnings ratio of 29.10, a price-to-earnings-growth ratio of 3.00 and a beta of 0.95.

Cisco Systems (NASDAQ:CSCO) last posted its quarterly earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.98 by $0.02. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. The business had revenue of $14.88 billion during the quarter, compared to analyst estimates of $14.77 billion. During the same period in the prior year, the business posted $0.91 earnings per share. The company’s revenue 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. Equities research analysts expect that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 21st. Investors of record on Friday, January 2nd will be paid a $0.41 dividend. This represents a $1.64 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend is Friday, January 2nd. Cisco Systems’s payout ratio is presently 61.65%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on CSCO. UBS Group increased their price target on shares of Cisco Systems from $88.00 to $90.00 and gave the stock a “buy” rating in a report on Thursday, November 13th. Evercore ISI boosted their price target on shares of Cisco Systems from $74.00 to $80.00 and gave the company an “in-line” rating in a research report on Thursday, November 13th. BNP Paribas Exane lifted their price objective on Cisco Systems from $76.00 to $86.00 and gave the company an “outperform” rating in a research note on Thursday, November 13th. Barclays upped their target price on Cisco Systems from $71.00 to $76.00 and gave the stock an “equal weight” rating in a research note on Thursday, November 13th. Finally, Argus raised their price objective on shares of Cisco Systems from $80.00 to $100.00 in a research report on Thursday, November 13th. Seventeen analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $84.14.

About Cisco Systems

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.