Harbor Investment Advisory LLC Sells 1,622 Shares of Cisco Systems, Inc. $CSCO

Harbor Investment Advisory LLC cut its position in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 5.1% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 30,099 shares of the network equipment provider’s stock after selling 1,622 shares during the quarter. Harbor Investment Advisory LLC’s holdings in Cisco Systems were worth $2,088,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Mpwm Advisory Solutions LLC bought a new position in shares of Cisco Systems during the 4th quarter valued at about $26,000. JDM Financial Group LLC increased its position in shares of Cisco Systems by 160.4% during the 4th quarter. JDM Financial Group LLC now owns 487 shares of the network equipment provider’s stock valued at $29,000 after purchasing an additional 300 shares during the last quarter. Pandora Wealth Inc. bought a new position in shares of Cisco Systems during the 1st quarter valued at about $31,000. Nova Wealth Management Inc. bought a new position in shares of Cisco Systems during the 1st quarter valued at about $31,000. Finally, Fairway Wealth LLC increased its position in shares of Cisco Systems by 224.7% during the 1st quarter. Fairway Wealth LLC now owns 578 shares of the network equipment provider’s stock valued at $36,000 after purchasing an additional 400 shares during the last quarter. 73.33% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research firms recently issued reports on CSCO. JPMorgan Chase & Co. raised their price target on Cisco Systems from $73.00 to $78.00 and gave the stock an “overweight” rating in a research report on Thursday, July 17th. Piper Sandler raised their price target on Cisco Systems from $64.00 to $70.00 and gave the stock a “neutral” rating in a research report on Thursday, August 14th. Wells Fargo & Company raised their price target on Cisco Systems from $75.00 to $83.00 and gave the stock an “overweight” rating in a research report on Thursday, August 14th. KeyCorp began coverage on Cisco Systems in a research report on Thursday, June 26th. They set an “overweight” rating and a $77.00 price target on the stock. Finally, Evercore ISI raised their price target on Cisco Systems from $72.00 to $74.00 and gave the stock an “in-line” rating in a research report on Thursday, August 14th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $74.53.

Cisco Systems Price Performance

Shares of CSCO stock opened at $66.53 on Friday. The firm has a market cap of $263.01 billion, a P/E ratio of 25.39, a P/E/G ratio of 2.84 and a beta of 0.99. Cisco Systems, Inc. has a fifty-two week low of $49.67 and a fifty-two week high of $72.55. The business’s 50 day moving average price is $68.24 and its 200-day moving average price is $64.00. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.91 and a current ratio of 1.00.

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 analysts’ consensus estimates of $0.98 by $0.01. The firm had revenue of $14.67 billion for the quarter, compared to analyst estimates of $14.63 billion. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The business’s quarterly revenue was up 7.6% compared to the same quarter last year. During the same period last year, the company earned $0.87 EPS. Cisco Systems has set its Q1 2026 guidance at 0.970-0.990 EPS. FY 2026 guidance at 4.000-4.060 EPS. On average, equities research analysts anticipate that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.

Cisco Systems Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 22nd. Stockholders of record on Friday, October 3rd will be given a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date is Friday, October 3rd. Cisco Systems’s dividend payout ratio (DPR) is currently 62.60%.

Insider Transactions at Cisco Systems

In other news, CEO Charles Robbins sold 30,557 shares of Cisco Systems stock in a transaction that occurred on 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 sale, the chief executive officer directly owned 639,000 shares in the company, valued at approximately $42,576,570. This trade represents a 4.56% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Deborah L. Stahlkopf sold 2,718 shares of Cisco Systems stock in a transaction that occurred on Thursday, September 11th. The stock was sold at an average price of $68.08, for a total value of $185,041.44. Following the completion of the sale, the executive vice president owned 157,184 shares in the company, valued at approximately $10,701,086.72. This represents a 1.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 88,099 shares of company stock worth $5,851,765. Corporate insiders own 0.01% of the company’s stock.

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.