Cetera Investment Advisers Grows Holdings in Cisco Systems, Inc. $CSCO

Cetera Investment Advisers boosted its position in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 6.2% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 1,115,508 shares of the network equipment provider’s stock after buying an additional 64,685 shares during the period. Cetera Investment Advisers’ holdings in Cisco Systems were worth $77,394,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Fusion Capital LLC increased its position in shares of Cisco Systems by 1.2% during the second quarter. Fusion Capital LLC now owns 119,698 shares of the network equipment provider’s stock worth $8,305,000 after purchasing an additional 1,471 shares in the last quarter. Pinnbrook Capital Management LP purchased a new position in Cisco Systems during the second quarter worth $4,077,000. Meridian Wealth Management LLC increased its position in Cisco Systems by 2.1% during the second quarter. Meridian Wealth Management LLC now owns 22,213 shares of the network equipment provider’s stock worth $1,537,000 after purchasing an additional 454 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its stake in shares of Cisco Systems by 7.1% during the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 975,698 shares of the network equipment provider’s stock worth $67,694,000 after purchasing an additional 64,892 shares in the last quarter. Finally, Empower Advisory Group LLC lifted its holdings in Cisco Systems by 5.2% in the 2nd quarter. Empower Advisory Group LLC now owns 48,156 shares of the network equipment provider’s stock worth $3,341,000 after buying an additional 2,379 shares in the last quarter. Institutional investors and hedge funds own 73.33% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the stock. Barclays boosted their target price on shares of Cisco Systems from $71.00 to $76.00 and gave the stock an “equal weight” rating in a research report on Thursday. HSBC raised their price target on Cisco Systems from $69.00 to $74.00 and gave the stock a “hold” rating in a report on Friday. Piper Sandler lifted their price objective on shares of Cisco Systems from $70.00 to $86.00 and gave the company a “neutral” rating in a research report on Thursday. Bank of America increased their target price on shares of Cisco Systems from $85.00 to $95.00 and gave the company a “buy” rating in a research report on Thursday. Finally, KeyCorp upped their price target on shares of Cisco Systems from $77.00 to $87.00 and gave the company an “overweight” rating in a report on Thursday. Sixteen research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat.com, Cisco Systems currently has an average rating of “Moderate Buy” and an average price target of $83.75.

Insider Activity

In other news, EVP Deborah L. Stahlkopf sold 2,718 shares of Cisco Systems stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $68.08, for a total transaction of $185,041.44. Following the completion of the transaction, the executive vice president directly owned 157,184 shares in the company, valued at $10,701,086.72. This trade represents a 1.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Maria Victoria Wong sold 3,162 shares of the business’s stock in a transaction 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 completion of the sale, the senior vice president owned 31,468 shares in the company, valued at approximately $2,117,167.04. The trade was a 9.13% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 33,089 shares of company stock valued at $2,236,383 over the last quarter. 0.01% of the stock is owned by corporate insiders.

Cisco Systems Stock Performance

Shares of NASDAQ:CSCO opened at $78.00 on Friday. The stock has a market capitalization of $307.38 billion, a price-to-earnings ratio of 29.77, a price-to-earnings-growth ratio of 3.00 and a beta of 0.95. Cisco Systems, Inc. has a fifty-two week low of $52.11 and a fifty-two week high of $79.50. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.00 and a quick ratio of 0.91. The business’s fifty day moving average price is $69.87 and its two-hundred day moving average price is $67.49.

Cisco Systems (NASDAQ:CSCO) 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 firm had revenue of $14.88 billion for the quarter, compared to analyst estimates of $14.77 billion. During the same period last year, the company earned $0.91 EPS. The business’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. As a group, analysts predict that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.

Cisco Systems Dividend Announcement

The firm 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 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date is Friday, January 2nd. Cisco Systems’s dividend payout ratio is presently 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.