Cisco Systems, Inc. $CSCO Stock Position Reduced by O Brien Greene & Co. Inc

O Brien Greene & Co. Inc trimmed its position in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 2.9% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 136,631 shares of the network equipment provider’s stock after selling 4,065 shares during the quarter. Cisco Systems accounts for approximately 3.1% of O Brien Greene & Co. Inc’s investment portfolio, making the stock its 9th biggest position. O Brien Greene & Co. Inc’s holdings in Cisco Systems were worth $9,479,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Brighton Jones LLC lifted its holdings 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 acquiring an additional 24,562 shares during the period. Revolve Wealth Partners LLC raised its stake in shares of Cisco Systems by 37.0% in the 4th quarter. Revolve Wealth Partners LLC now owns 9,156 shares of the network equipment provider’s stock valued at $542,000 after acquiring an additional 2,474 shares during the period. Trek Financial LLC increased its stake in Cisco Systems by 4.6% during the 1st quarter. Trek Financial LLC now owns 5,438 shares of the network equipment provider’s stock worth $336,000 after buying an additional 238 shares during the period. Cornerstone Planning Group LLC grew its holdings in Cisco Systems by 50.9% during the 1st quarter. Cornerstone Planning Group LLC now owns 1,603 shares of the network equipment provider’s stock worth $99,000 after acquiring an additional 541 shares in the last quarter. Finally, Main Street Research LLC increased its stake in Cisco Systems by 4,721.7% during the first quarter. Main Street Research LLC now owns 530,296 shares of the network equipment provider’s stock valued at $32,725,000 after purchasing an additional 519,298 shares during the last quarter. 73.33% of the stock is owned by hedge funds and other institutional investors.

Cisco Systems Price Performance

Cisco Systems stock opened at $71.04 on Friday. Cisco Systems, Inc. has a 12 month low of $52.11 and a 12 month high of $74.84. The business’s 50 day simple moving average is $69.15 and its 200 day simple moving average is $66.66. The company has a current ratio of 1.00, a quick ratio of 0.91 and a debt-to-equity ratio of 0.49. The company has a market cap of $279.95 billion, a price-to-earnings ratio of 27.11, a PEG ratio of 3.00 and a beta of 0.95.

Cisco Systems (NASDAQ:CSCO) last posted its quarterly earnings data on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.98 by $0.01. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The firm had revenue of $14.67 billion during the quarter, compared to analysts’ expectations of $14.63 billion. During the same period in the prior year, the business earned $0.87 EPS. The company’s revenue for the quarter was up 7.6% compared to the same quarter last year. Cisco Systems has set its Q1 2026 guidance at 0.970-0.990 EPS. FY 2026 guidance at 4.000-4.060 EPS. Sell-side analysts forecast 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 was paid on Wednesday, October 22nd. Stockholders of record on Friday, October 3rd were paid a $0.41 dividend. The ex-dividend date of this dividend was Friday, October 3rd. This represents a $1.64 annualized dividend and a dividend yield of 2.3%. Cisco Systems’s dividend payout ratio is currently 62.60%.

Analyst Ratings Changes

CSCO has been the subject of a number of research analyst reports. Barclays upped their price target on shares of Cisco Systems from $66.00 to $71.00 and gave the stock an “equal weight” rating in a research note on Thursday, August 14th. Piper Sandler upped their price target on Cisco Systems from $64.00 to $70.00 and gave the company a “neutral” rating in a research report on Thursday, August 14th. William Blair upgraded shares of Cisco Systems to a “hold” rating in a research report on Thursday, August 14th. Bank of America upped their target price on shares of Cisco Systems from $76.00 to $85.00 and gave the company a “buy” rating in a research note on Thursday, August 14th. Finally, UBS Group raised shares of Cisco Systems from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $74.00 to $88.00 in a research report on Monday. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $75.50.

Insider Activity at Cisco Systems

In other news, EVP Oliver Tuszik sold 17,526 shares of the firm’s stock in a transaction on Friday, September 19th. The stock was sold at an average price of $67.95, for a total transaction of $1,190,891.70. Following the transaction, the executive vice president owned 198,855 shares in the company, valued at approximately $13,512,197.25. This trade represents a 8.10% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Charles Robbins sold 30,557 shares of the firm’s stock in a transaction dated Friday, August 15th. The stock was sold at an average price of $66.63, for a total value of $2,036,012.91. Following the completion of the sale, the chief executive officer directly owned 639,000 shares of the company’s stock, valued at approximately $42,576,570. This represents a 4.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 82,965 shares of company stock worth $5,559,996 over the last ninety days. 0.01% of the stock is currently owned by company insiders.

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.