ORG Partners LLC boosted its stake in Cisco Systems, Inc. (NASDAQ:CSCO – Free Report) by 21.1% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,050 shares of the network equipment provider’s stock after purchasing an additional 357 shares during the period. ORG Partners LLC’s holdings in Cisco Systems were worth $142,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Gradient Capital Advisors LLC raised its holdings in Cisco Systems by 29.4% during the 2nd quarter. Gradient Capital Advisors LLC now owns 22,838 shares of the network equipment provider’s stock worth $1,584,000 after purchasing an additional 5,195 shares during the last quarter. Rainier Family Wealth Inc. increased its position in shares of Cisco Systems by 6.1% during the second quarter. Rainier Family Wealth Inc. now owns 5,767 shares of the network equipment provider’s stock worth $400,000 after buying an additional 329 shares during the period. Highline Wealth Partners LLC increased its position in shares of Cisco Systems by 23.0% during the second quarter. Highline Wealth Partners LLC now owns 857 shares of the network equipment provider’s stock worth $59,000 after buying an additional 160 shares during the period. Meridian Investment Counsel Inc. boosted its position in Cisco Systems by 2.1% during the second quarter. Meridian Investment Counsel Inc. now owns 26,045 shares of the network equipment provider’s stock valued at $1,807,000 after acquiring an additional 545 shares during the last quarter. Finally, Lloyd Advisory Services LLC. boosted its position in Cisco Systems by 10.5% during the second quarter. Lloyd Advisory Services LLC. now owns 5,292 shares of the network equipment provider’s stock valued at $367,000 after acquiring an additional 504 shares during the last quarter. 73.33% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling
In related news, CEO Charles Robbins sold 30,557 shares of the stock in a transaction 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 completion of the sale, the chief executive officer directly owned 639,000 shares of the company’s stock, valued at approximately $42,576,570. This represents a 4.56% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Oliver Tuszik sold 17,526 shares of the stock in a transaction on Friday, September 19th. The shares were sold at an average price of $67.95, for a total value of $1,190,891.70. Following the completion of the sale, the executive vice president directly owned 198,855 shares of the company’s stock, valued at $13,512,197.25. The trade was a 8.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 82,965 shares of company stock valued at $5,559,996. 0.01% of the stock is currently owned by company insiders.
Cisco Systems Stock Performance
Cisco Systems (NASDAQ:CSCO – Get Free Report) last posted its earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 EPS for the quarter, topping the consensus estimate of $0.98 by $0.01. The company had revenue of $14.67 billion during the quarter, compared to the consensus estimate of $14.63 billion. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. The firm’s revenue for the quarter was up 7.6% on a year-over-year basis. During the same period in the previous year, the firm posted $0.87 earnings per share. 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, analysts expect that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.
Cisco Systems Dividend Announcement
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 issued 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 (DPR) is currently 62.60%.
Wall Street Analyst Weigh In
A number of research analysts have recently issued reports on the company. UBS Group boosted their price objective on Cisco Systems from $70.00 to $74.00 and gave the company a “neutral” rating in a research note on Tuesday, August 5th. Deutsche Bank Aktiengesellschaft upgraded Cisco Systems from a “hold” rating to a “buy” rating and lifted their target price for the stock from $65.00 to $73.00 in a report on Monday, June 16th. Bank of America raised their price objective on shares of Cisco Systems from $76.00 to $85.00 and gave the stock a “buy” rating in a research report on Thursday, August 14th. Wells Fargo & Company increased their target price on shares of Cisco Systems from $75.00 to $83.00 and gave the stock an “overweight” rating in a research note on Thursday, August 14th. Finally, HSBC reissued a “hold” rating and set a $69.00 target price on shares of Cisco Systems in a research note on Friday, August 15th. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $74.53.
Get Our Latest Stock Report on Cisco Systems
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
- Where Do I Find 52-Week Highs and Lows?
- SoundHound Breaks Critical Resistance: How High Can It Get Now?
- Why Are These Companies Considered Blue Chips?
- Klarna IPO: BNPL Stock or Something Bigger?
- The Significance of a Trillion-Dollar Market Cap Goes Beyond a Number
- Why Teradyne Is a Core Play in the AI Hardware 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.