Caitlin John LLC purchased a new stake in Cisco Systems, Inc. (NASDAQ:CSCO – Free Report) in the 2nd quarter, according to its most recent filing with the SEC. The fund purchased 21,698 shares of the network equipment provider’s stock, valued at approximately $1,505,000. Cisco Systems comprises about 1.4% of Caitlin John LLC’s portfolio, making the stock its 18th largest position.
Other institutional investors also recently bought and sold shares of the company. Pandora Wealth Inc. acquired a new position in Cisco Systems in the 1st quarter valued at $31,000. Nova Wealth Management Inc. acquired a new position in Cisco Systems in the 1st quarter valued at $31,000. Fairway Wealth LLC raised its holdings in Cisco Systems by 224.7% in the 1st quarter. Fairway Wealth LLC now owns 578 shares of the network equipment provider’s stock valued at $36,000 after acquiring an additional 400 shares during the last quarter. Accent Capital Management LLC acquired a new position in Cisco Systems in the 1st quarter valued at $36,000. Finally, Investment Management Corp VA ADV grew its stake in shares of Cisco Systems by 145.3% during the 1st quarter. Investment Management Corp VA ADV now owns 596 shares of the network equipment provider’s stock valued at $37,000 after buying an additional 353 shares during the period. 73.33% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several analysts have recently issued reports on the stock. CICC Research assumed coverage on shares of Cisco Systems in a research note on Monday, July 14th. They set an “outperform” rating and a $78.00 price objective for the company. Morgan Stanley boosted their price objective on shares of Cisco Systems from $67.00 to $70.00 and gave the company an “overweight” rating in a research note on Friday, July 18th. Wall Street Zen cut shares of Cisco Systems from a “strong-buy” rating to a “buy” rating in a research note on Saturday, July 12th. Wolfe Research assumed coverage on shares of Cisco Systems in a research note on Tuesday, July 8th. They set a “peer perform” rating for the company. Finally, William Blair raised shares of Cisco Systems to a “hold” rating in a research note on Thursday, August 14th. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and ten have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $74.53.
Cisco Systems Stock Performance
Shares of CSCO stock opened at $68.21 on Monday. Cisco Systems, Inc. has a 12 month low of $51.42 and a 12 month high of $72.55. 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 firm has a market capitalization of $269.65 billion, a P/E ratio of 26.03, a P/E/G ratio of 2.87 and a beta of 0.99. The company’s fifty day moving average price is $68.14 and its two-hundred day moving average price is $64.14.
Cisco Systems (NASDAQ:CSCO – Get Free Report) last issued its earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.98 by $0.01. The business had revenue of $14.67 billion for the quarter, compared to analyst estimates of $14.63 billion. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. The company’s revenue for the quarter was up 7.6% on a year-over-year basis. During the same quarter in the prior year, the business posted $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, research analysts anticipate that Cisco Systems, Inc. will post 3.04 earnings per share for the current fiscal year.
Cisco Systems Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 22nd. Stockholders of record on Friday, October 3rd will be paid a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Friday, October 3rd. Cisco Systems’s dividend payout ratio is 62.60%.
Insiders Place Their Bets
In other news, SVP Maria Victoria Wong sold 428 shares of the company’s stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $68.25, for a total value of $29,211.00. Following the sale, the senior vice president owned 30,619 shares in the company, valued at approximately $2,089,746.75. This represents a 1.38% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Jeetendra I. Patel sold 9,061 shares of the company’s stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $66.60, for a total transaction of $603,462.60. Following the completion of the sale, the insider owned 237,405 shares in the company, valued at approximately $15,811,173. This trade represents a 3.68% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 65,439 shares of company stock worth $4,369,104. Company insiders own 0.01% of the company’s stock.
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.
Featured Articles
- Five stocks we like better than Cisco Systems
- Quiet Period Expirations Explained
- 3 Overlooked Value Stocks Set to Surge as Rates Drop
- Mastering Discipline: Overcoming Emotional Challenges In Trading
- Hims & Hers Stock Pushes to Highs on Healthcare Rate Cut Frenzy
- Election Stocks: How Elections Affect the Stock Market
- After the Fed’s Rate Cut, PNC Could See a Mortgage Refinance Boom
Receive News & Ratings for Cisco Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cisco Systems and related companies with MarketBeat.com's FREE daily email newsletter.