Cisco Systems, Inc. $CSCO Shares Sold by FourThought Financial Partners LLC

FourThought Financial Partners LLC decreased its holdings in Cisco Systems, Inc. (NASDAQ:CSCO) by 2.7% during the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 166,475 shares of the network equipment provider’s stock after selling 4,533 shares during the period. Cisco Systems makes up about 1.1% of FourThought Financial Partners LLC’s investment portfolio, making the stock its 27th largest position. FourThought Financial Partners LLC’s holdings in Cisco Systems were worth $11,550,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Legacy Investment Solutions LLC purchased a new position in shares of Cisco Systems in the 2nd quarter valued at $28,000. Financial Connections Group Inc. lifted its stake in shares of Cisco Systems by 89.4% during the second quarter. Financial Connections Group Inc. now owns 409 shares of the network equipment provider’s stock worth $28,000 after purchasing an additional 193 shares in the last quarter. Brown Shipley& Co Ltd acquired a new position in shares of Cisco Systems during the second quarter worth about $32,000. Pandora Wealth Inc. purchased a new stake in shares of Cisco Systems in the first quarter worth about $31,000. Finally, Nova Wealth Management Inc. acquired a new stake in shares of Cisco Systems in the first quarter valued at about $31,000. 73.33% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Cisco Systems

In other Cisco Systems news, 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 value of $748,600.38. Following 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Deborah L. Stahlkopf sold 164,584 shares of the stock in a transaction dated Friday, November 14th. The stock was sold at an average price of $77.85, for a total transaction of $12,812,864.40. Following the completion of the sale, the executive vice president directly owned 196,738 shares in the company, valued at approximately $15,316,053.30. This trade represents a 45.55% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 1,024,627 shares of company stock valued at $79,621,482 over the last three months. 0.01% of the stock is currently owned by company insiders.

Cisco Systems Price Performance

Shares of NASDAQ:CSCO opened at $76.24 on Tuesday. The company has a market cap of $301.23 billion, a PE ratio of 29.10, a P/E/G 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 $80.06. The firm has a 50-day simple moving average of $71.02 and a 200 day simple moving average of $68.31. The company has a quick ratio of 0.91, a current ratio of 1.00 and a debt-to-equity ratio of 0.49.

Cisco Systems (NASDAQ:CSCO) last issued its earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.98 by $0.02. The firm had revenue of $14.88 billion for the quarter, compared to analysts’ expectations of $14.77 billion. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. Cisco Systems’s revenue was up 7.5% on a year-over-year basis. During the same quarter last year, the company posted $0.91 earnings per share. Cisco Systems has set its FY 2026 guidance at 4.080-4.140 EPS. Q2 2026 guidance at 1.010-1.030 EPS. On average, sell-side analysts anticipate that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Announces Dividend

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

Analyst Ratings Changes

CSCO has been the topic of several recent research reports. William Blair raised Cisco Systems to a “hold” rating in a research report on Thursday, August 14th. Citic Securities lifted their price objective on shares of Cisco Systems from $75.00 to $90.00 in a research note on Monday, November 17th. Argus boosted their target price on shares of Cisco Systems from $80.00 to $100.00 in a research report on Thursday, November 13th. UBS Group raised their price target on shares of Cisco Systems from $88.00 to $90.00 and gave the company a “buy” rating in a report on Thursday, November 13th. Finally, BNP Paribas Exane lifted their price target on shares of Cisco Systems from $76.00 to $86.00 and gave the stock an “outperform” rating in a research note on Thursday, November 13th. Seventeen analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price 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.