Cisco Systems, Inc. $CSCO Shares Sold by Railway Pension Investments Ltd

Railway Pension Investments Ltd decreased its position in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 11.3% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,288,676 shares of the network equipment provider’s stock after selling 163,400 shares during the quarter. Cisco Systems makes up about 1.3% of Railway Pension Investments Ltd’s holdings, making the stock its 25th largest position. Railway Pension Investments Ltd’s holdings in Cisco Systems were worth $89,408,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Postrock Partners LLC grew its stake in Cisco Systems by 4.5% during the 2nd quarter. Postrock Partners LLC now owns 3,480 shares of the network equipment provider’s stock worth $241,000 after buying an additional 150 shares during the last quarter. Mount Vernon Associates Inc. MD boosted its holdings in shares of Cisco Systems by 0.4% in the second quarter. Mount Vernon Associates Inc. MD now owns 41,379 shares of the network equipment provider’s stock valued at $2,871,000 after acquiring an additional 150 shares during the period. Lion Street Advisors LLC boosted its holdings in shares of Cisco Systems by 0.7% in the second quarter. Lion Street Advisors LLC now owns 20,694 shares of the network equipment provider’s stock valued at $1,436,000 after acquiring an additional 152 shares during the period. Boyd Watterson Asset Management LLC OH increased its holdings in shares of Cisco Systems by 1.5% in the 2nd quarter. Boyd Watterson Asset Management LLC OH now owns 10,445 shares of the network equipment provider’s stock valued at $725,000 after acquiring an additional 152 shares during the period. Finally, Cordatus Wealth Management LLC raised its position in Cisco Systems by 0.4% in the 2nd quarter. Cordatus Wealth Management LLC now owns 36,370 shares of the network equipment provider’s stock valued at $2,523,000 after purchasing an additional 152 shares during the last quarter. Institutional investors and hedge funds own 73.33% of the company’s stock.

Insider Buying and Selling

In related news, EVP Deborah L. Stahlkopf sold 164,584 shares of the firm’s stock in a transaction that occurred on Friday, November 14th. The stock was sold at an average price of $77.85, for a total value of $12,812,864.40. Following the completion of the transaction, the executive vice president directly owned 196,738 shares of the company’s stock, valued at $15,316,053.30. This trade represents a 45.55% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Charles Robbins sold 281,860 shares of the business’s stock in a transaction 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 sale, the chief executive officer owned 820,887 shares in the company, valued at approximately $64,316,496.45. The trade was a 25.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 1,024,627 shares of company stock valued at $79,621,482 in the last 90 days. 0.01% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several research analysts have issued reports on the stock. Morgan Stanley raised their price objective on shares of Cisco Systems from $77.00 to $82.00 and gave the stock an “overweight” rating in a research report on Thursday, November 13th. Citic Securities increased their target price on shares of Cisco Systems from $75.00 to $90.00 in a research note on Monday, November 17th. Erste Group Bank upgraded Cisco Systems from a “hold” rating to a “buy” rating in a research report on Monday, November 10th. Wells Fargo & Company upped their price objective on Cisco Systems from $83.00 to $95.00 and gave the company an “overweight” rating in a research note on Thursday, November 13th. Finally, JPMorgan Chase & Co. lifted their target price on Cisco Systems from $80.00 to $90.00 and gave the company an “overweight” rating in a research note on Thursday, November 13th. Seventeen investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $84.14.

Cisco Systems Trading Up 1.3%

NASDAQ:CSCO opened at $77.08 on Friday. Cisco Systems, Inc. has a 1 year low of $52.11 and a 1 year high of $80.06. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.91 and a current ratio of 1.00. The stock has a fifty day moving average price of $71.70 and a two-hundred day moving average price of $68.68. The stock has a market capitalization of $304.53 billion, a price-to-earnings ratio of 29.42, a PEG ratio of 3.00 and a beta of 0.95.

Cisco Systems (NASDAQ:CSCO) last issued its earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 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 analyst estimates of $14.77 billion. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. The business’s revenue was up 7.5% on a year-over-year basis. During the same period in the previous year, the firm 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. As a group, sell-side analysts anticipate 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. Shareholders of record on Friday, January 2nd will be given a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a yield of 2.1%. The ex-dividend date is Friday, January 2nd. Cisco Systems’s dividend payout ratio is presently 61.65%.

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.