Sei Investments Co. Grows Position in Cisco Systems, Inc. $CSCO

Sei Investments Co. grew its stake in Cisco Systems, Inc. (NASDAQ:CSCO) by 1.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,495,530 shares of the network equipment provider’s stock after buying an additional 42,427 shares during the period. Sei Investments Co. owned 0.06% of Cisco Systems worth $173,141,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. Postrock Partners LLC grew its stake in Cisco Systems by 4.5% during the 2nd quarter. Postrock Partners LLC now owns 3,480 shares of the network equipment provider’s stock valued at $241,000 after purchasing an additional 150 shares during the last quarter. Mount Vernon Associates Inc. MD lifted its holdings in shares of Cisco Systems by 0.4% during the second quarter. Mount Vernon Associates Inc. MD now owns 41,379 shares of the network equipment provider’s stock worth $2,871,000 after purchasing an additional 150 shares during the period. Lion Street Advisors LLC boosted its position in Cisco Systems by 0.7% in the second quarter. Lion Street Advisors LLC now owns 20,694 shares of the network equipment provider’s stock valued at $1,436,000 after buying an additional 152 shares during the last quarter. Boyd Watterson Asset Management LLC OH increased its holdings in Cisco Systems by 1.5% in the 2nd quarter. Boyd Watterson Asset Management LLC OH now owns 10,445 shares of the network equipment provider’s stock worth $725,000 after buying an additional 152 shares during the period. Finally, Cordatus Wealth Management LLC raised its position in Cisco Systems by 0.4% during the 2nd quarter. Cordatus Wealth Management LLC now owns 36,370 shares of the network equipment provider’s stock worth $2,523,000 after buying an additional 152 shares during the last quarter. 73.33% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

CSCO has been the topic of a number of research reports. JPMorgan Chase & Co. increased their price objective on shares of Cisco Systems from $80.00 to $90.00 and gave the stock an “overweight” rating in a research note on Thursday, November 13th. Argus increased their price target on Cisco Systems from $80.00 to $100.00 in a research report on Thursday, November 13th. KeyCorp lifted their price objective on Cisco Systems from $77.00 to $87.00 and gave the company an “overweight” rating in a research note on Thursday, November 13th. Bank of America upped their target price on Cisco Systems from $85.00 to $95.00 and gave the stock a “buy” rating in a research note on Thursday, November 13th. Finally, UBS Group lifted their price target on Cisco Systems from $88.00 to $90.00 and gave the company a “buy” rating in a research report on Thursday, November 13th. Seventeen research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $84.14.

Insider Activity at Cisco Systems

In other Cisco Systems news, EVP Thimaya K. Subaiya sold 56,038 shares of the stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of $78.33, for a total transaction of $4,389,456.54. Following the transaction, the executive vice president directly owned 179,780 shares of the company’s stock, valued at $14,082,167.40. This trade represents a 23.76% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Deborah L. Stahlkopf sold 164,584 shares of the business’s 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 sale, the executive vice president directly owned 196,738 shares of the company’s stock, valued at $15,316,053.30. This represents a 45.55% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 1,021,481 shares of company stock valued at $79,407,230 in the last three months. Company insiders own 0.01% of the company’s stock.

Cisco Systems Price Performance

NASDAQ:CSCO opened at $80.25 on Thursday. The company has a quick ratio of 0.83, a current ratio of 0.93 and a debt-to-equity ratio of 0.46. Cisco Systems, Inc. has a 52 week low of $52.11 and a 52 week high of $80.82. The stock’s 50-day moving average price is $73.35 and its 200-day moving average price is $69.52. The stock has a market capitalization of $317.07 billion, a PE ratio of 30.17, a price-to-earnings-growth ratio of 3.01 and a beta of 0.87.

Cisco Systems (NASDAQ:CSCO) last issued its quarterly 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 company had revenue of $14.88 billion for the quarter, compared to the consensus estimate of $14.77 billion. Cisco Systems had a return on equity of 27.29% and a net margin of 18.38%.Cisco Systems’s revenue for the quarter was up 7.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.91 earnings per share. Cisco Systems has set its FY 2026 guidance at 4.080-4.140 EPS and its Q2 2026 guidance at 1.010-1.030 EPS. As a group, equities analysts expect that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.

Cisco Systems Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 21st. Investors of record on Friday, January 2nd will be issued a $0.41 dividend. This represents a $1.64 annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend is Friday, January 2nd. Cisco Systems’s payout ratio is presently 61.65%.

Cisco Systems Company 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.