Seizert Capital Partners LLC Trims Stock Position in Cisco Systems, Inc. $CSCO

Seizert Capital Partners LLC trimmed its holdings in Cisco Systems, Inc. (NASDAQ:CSCO) by 3.0% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 661,813 shares of the network equipment provider’s stock after selling 20,159 shares during the period. Cisco Systems makes up about 2.0% of Seizert Capital Partners LLC’s holdings, making the stock its 23rd largest holding. Seizert Capital Partners LLC’s holdings in Cisco Systems were worth $45,281,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bare Financial Services Inc grew its holdings in shares of Cisco Systems by 531.0% during the 2nd quarter. Bare Financial Services Inc now owns 366 shares of the network equipment provider’s stock worth $25,000 after purchasing an additional 308 shares during the period. Marquette Asset Management LLC acquired a new position in Cisco Systems in the third quarter valued at about $25,000. Financial Connections Group Inc. lifted its position in Cisco Systems by 89.4% in the second quarter. Financial Connections Group Inc. now owns 409 shares of the network equipment provider’s stock valued at $28,000 after buying an additional 193 shares during the last quarter. Legacy Investment Solutions LLC purchased a new position in Cisco Systems during the second quarter worth about $28,000. Finally, Lowe Wealth Advisors LLC raised its stake in shares of Cisco Systems by 96.2% in the 3rd quarter. Lowe Wealth Advisors LLC now owns 408 shares of the network equipment provider’s stock valued at $28,000 after acquiring an additional 200 shares during the period. Hedge funds and other institutional investors own 73.33% of the company’s stock.

Insiders Place Their Bets

In other news, Director Kristina M. Johnson sold 13,481 shares of the stock in a transaction that occurred on Thursday, December 18th. The stock was sold at an average price of $77.13, for a total value of $1,039,789.53. Following the completion of the sale, the director directly owned 61,630 shares of the company’s stock, valued at approximately $4,753,521.90. This represents a 17.95% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Michael D. Capellas sold 10,850 shares of the firm’s stock in a transaction that occurred on Friday, December 19th. The stock was sold at an average price of $77.13, for a total transaction of $836,860.50. Following the transaction, the director owned 146,368 shares in the company, valued at approximately $11,289,363.84. This trade represents a 6.90% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 1,044,865 shares of company stock worth $81,397,635. Corporate insiders own 0.01% of the company’s stock.

Cisco Systems Trading Down 0.7%

Shares of NASDAQ:CSCO opened at $74.64 on Tuesday. The company has a market cap of $294.90 billion, a PE ratio of 28.03, a P/E/G ratio of 2.84 and a beta of 0.87. The company’s 50 day moving average is $76.72 and its two-hundred day moving average is $71.65. Cisco Systems, Inc. has a 52 week low of $52.11 and a 52 week high of $80.82. The company has a current ratio of 0.93, a quick ratio of 0.83 and a debt-to-equity ratio of 0.46.

Cisco Systems (NASDAQ:CSCO) last issued its quarterly earnings data on Wednesday, November 12th. The network equipment provider reported $1.00 earnings per share for the quarter, topping the consensus estimate of $0.98 by $0.02. Cisco Systems had a net margin of 18.38% and a return on equity of 27.29%. The business had revenue of $14.88 billion during the quarter, compared to the consensus estimate of $14.77 billion. During the same quarter in the previous year, the firm earned $0.91 EPS. The company’s revenue was up 7.5% compared to the same quarter last year. 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 predict that Cisco Systems, Inc. will post 3.04 earnings per share for the current fiscal year.

Cisco Systems Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 21st. Stockholders of record on Friday, January 2nd will be given a dividend of $0.41 per share. The ex-dividend date is Friday, January 2nd. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.2%. Cisco Systems’s payout ratio is 61.65%.

Analyst Ratings Changes

CSCO has been the subject of a number of research analyst 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 report on Thursday, November 13th. Barclays upped their price target on Cisco Systems from $71.00 to $76.00 and gave the stock an “equal weight” rating in a research note on Thursday, November 13th. Evercore ISI lifted their price objective on Cisco Systems from $74.00 to $80.00 and gave the company an “in-line” rating in a research note on Thursday, November 13th. KeyCorp increased their target price on Cisco Systems from $77.00 to $87.00 and gave the stock an “overweight” rating in a research note on Thursday, November 13th. Finally, Citigroup raised their target price on Cisco Systems from $80.00 to $85.00 and gave the company a “buy” rating in a report on Thursday, November 13th. Sixteen investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $85.23.

About Cisco Systems

Cisco Systems, Inc is a global technology company that designs, manufactures and sells networking hardware, software and telecommunications equipment. Its core business focuses on enabling enterprise and service-provider networks through products such as routers, switches, network security appliances and wireless systems. Over time Cisco has broadened its portfolio to emphasize software-defined networking, cybersecurity, cloud infrastructure and edge computing solutions that help organizations build and manage modern IT environments.

In addition to hardware, Cisco offers a growing range of software platforms and subscription services for network management, security, analytics and collaboration.