EP Wealth Advisors LLC Sells 39,250 Shares of Cisco Systems, Inc. $CSCO

EP Wealth Advisors LLC cut its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 3.3% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,141,007 shares of the network equipment provider’s stock after selling 39,250 shares during the quarter. EP Wealth Advisors LLC’s holdings in Cisco Systems were worth $79,163,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Curi Capital LLC raised its stake in Cisco Systems by 976.2% during the 2nd quarter. Curi Capital LLC now owns 127,962 shares of the network equipment provider’s stock valued at $8,878,000 after purchasing an additional 116,072 shares during the period. Bontempo Ohly Capital Mgmt LLC grew its holdings in Cisco Systems by 1.4% during the 2nd quarter. Bontempo Ohly Capital Mgmt LLC now owns 76,241 shares of the network equipment provider’s stock valued at $5,290,000 after buying an additional 1,087 shares in the last quarter. Boothbay Fund Management LLC raised its position in shares of Cisco Systems by 214.7% during the second quarter. Boothbay Fund Management LLC now owns 20,107 shares of the network equipment provider’s stock valued at $1,395,000 after buying an additional 13,718 shares during the last quarter. CTC Alternative Strategies Ltd. lifted its holdings in shares of Cisco Systems by 22.9% in the second quarter. CTC Alternative Strategies Ltd. now owns 10,020 shares of the network equipment provider’s stock worth $695,000 after buying an additional 1,870 shares in the last quarter. Finally, Florida Financial Advisors LLC lifted its holdings in shares of Cisco Systems by 26.2% in the second quarter. Florida Financial Advisors LLC now owns 9,091 shares of the network equipment provider’s stock worth $628,000 after buying an additional 1,885 shares in the last quarter. Institutional investors own 73.33% of the company’s stock.

Insider Activity

In related news, EVP Thimaya K. Subaiya sold 1,745 shares of the business’s stock in a transaction on Friday, December 12th. The stock was sold at an average price of $79.46, for a total transaction of $138,657.70. Following the completion of the transaction, the executive vice president owned 176,319 shares in the company, valued at $14,010,307.74. The trade was a 0.98% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Maria Victoria Wong sold 428 shares of the stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $80.33, for a total value of $34,381.24. Following the completion of the sale, the senior vice president owned 32,176 shares in the company, valued at approximately $2,584,698.08. The trade was a 1.31% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 1,021,910 shares of company stock worth $79,463,804 in the last three months. Corporate insiders own 0.01% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the stock. HSBC lifted their price target on shares of Cisco Systems from $69.00 to $74.00 and gave the company a “hold” rating in a report on Friday, November 14th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Cisco Systems in a report on Thursday, October 30th. Hsbc Global Res lowered Cisco Systems from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 15th. Morgan Stanley lifted their price objective on Cisco Systems from $77.00 to $82.00 and gave the stock an “overweight” rating in a research note on Thursday, November 13th. Finally, Wall Street Zen downgraded Cisco Systems from a “buy” rating to a “hold” rating in a research report on Saturday, November 22nd. Seventeen investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $84.14.

Cisco Systems Price Performance

Shares of Cisco Systems stock opened at $77.80 on Friday. The stock has a market cap of $307.40 billion, a price-to-earnings ratio of 29.25, a price-to-earnings-growth ratio of 3.00 and a beta of 0.87. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.83 and a current ratio of 0.93. The stock has a 50 day moving average price of $73.77 and a 200-day moving average price of $69.69. Cisco Systems, Inc. has a one year low of $52.11 and a one year high of $80.82.

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 during 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 was up 7.5% on a year-over-year basis. During the same period last year, the company earned $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. Equities analysts expect that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 21st. Stockholders of record on Friday, January 2nd will be issued a $0.41 dividend. This represents a $1.64 annualized dividend and a dividend yield of 2.1%. The ex-dividend date is Friday, January 2nd. Cisco Systems’s dividend 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.