RPG Investment Advisory LLC Purchases 155,123 Shares of Cisco Systems, Inc. $CSCO

RPG Investment Advisory LLC grew its position in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 101.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 307,673 shares of the network equipment provider’s stock after buying an additional 155,123 shares during the quarter. RPG Investment Advisory LLC’s holdings in Cisco Systems were worth $18,987,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Kornitzer Capital Management Inc. KS grew its stake in Cisco Systems by 0.7% during the first quarter. Kornitzer Capital Management Inc. KS now owns 892,064 shares of the network equipment provider’s stock worth $55,049,000 after buying an additional 6,501 shares during the last quarter. Golden State Wealth Management LLC grew its stake in shares of Cisco Systems by 10.8% during the first quarter. Golden State Wealth Management LLC now owns 6,298 shares of the network equipment provider’s stock valued at $389,000 after purchasing an additional 612 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in shares of Cisco Systems by 28.9% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 4,037,909 shares of the network equipment provider’s stock valued at $249,180,000 after purchasing an additional 904,548 shares during the last quarter. Investment Management Corp of Ontario grew its stake in shares of Cisco Systems by 44.6% during the fourth quarter. Investment Management Corp of Ontario now owns 193,478 shares of the network equipment provider’s stock valued at $11,454,000 after purchasing an additional 59,680 shares during the last quarter. Finally, IFP Advisors Inc grew its stake in shares of Cisco Systems by 2.6% during the first quarter. IFP Advisors Inc now owns 111,510 shares of the network equipment provider’s stock valued at $6,882,000 after purchasing an additional 2,839 shares during the last quarter. 73.33% of the stock is owned by institutional investors.

Cisco Systems Price Performance

Shares of Cisco Systems stock opened at $67.02 on Friday. Cisco Systems, Inc. has a twelve month low of $47.85 and a twelve month high of $72.55. The company has a quick ratio of 0.92, a current ratio of 1.01 and a debt-to-equity ratio of 0.49. The company has a 50-day simple moving average of $68.13 and a two-hundred day simple moving average of $63.51. The stock has a market capitalization of $265.40 billion, a price-to-earnings ratio of 25.58, a price-to-earnings-growth ratio of 2.86 and a beta of 0.91.

Cisco Systems (NASDAQ:CSCO) last issued its quarterly earnings data on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share for the quarter, topping the consensus estimate of $0.98 by $0.01. Cisco Systems had a net margin of 18.45% and a return on equity of 27.02%. The business had revenue of $14.67 billion during the quarter, compared to analysts’ expectations of $14.63 billion. During the same quarter in the previous year, the company earned $0.87 EPS. The business’s revenue was up 7.6% on a year-over-year basis. Cisco Systems has set its Q1 2026 guidance at 0.970-0.990 EPS. FY 2026 guidance at 4.000-4.060 EPS. Analysts forecast 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, October 22nd. Investors of record on Friday, October 3rd will be given a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date is Friday, October 3rd. Cisco Systems’s dividend payout ratio is currently 62.60%.

Insider Buying and Selling at Cisco Systems

In related news, EVP Oliver Tuszik sold 15,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 28th. The shares were sold at an average price of $63.53, for a total transaction of $952,950.00. Following the completion of the transaction, the executive vice president directly owned 131,676 shares in the company, valued at $8,365,376.28. This represents a 10.23% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Deborah L. Stahlkopf sold 9,783 shares of the business’s stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $66.60, for a total transaction of $651,547.80. Following the sale, the executive vice president directly owned 161,662 shares in the company, valued at $10,766,689.20. The trade was a 5.71% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 135,118 shares of company stock worth $8,847,167 over the last 90 days. 0.01% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several equities analysts recently weighed in on CSCO shares. UBS Group increased their price objective on shares of Cisco Systems from $70.00 to $74.00 and gave the company a “neutral” rating in a report on Tuesday, August 5th. Morgan Stanley increased their price objective on shares of Cisco Systems from $67.00 to $70.00 and gave the stock an “overweight” rating in a research report on Friday, July 18th. CICC Research initiated coverage on shares of Cisco Systems in a research report on Monday, July 14th. They issued an “outperform” rating and a $78.00 target price for the company. New Street Research reissued a “neutral” rating and issued a $70.00 price objective on shares of Cisco Systems in a research report on Friday, May 16th. Finally, William Blair raised shares of Cisco Systems to a “hold” rating in a research report on Thursday, August 14th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and ten have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $74.53.

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.