Ranch Capital Advisors Inc. raised its holdings in Cisco Systems, Inc. (NASDAQ:CSCO – Free Report) by 45.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 40,504 shares of the network equipment provider’s stock after acquiring an additional 12,611 shares during the period. Cisco Systems comprises about 1.2% of Ranch Capital Advisors Inc.’s investment portfolio, making the stock its 24th largest holding. Ranch Capital Advisors Inc.’s holdings in Cisco Systems were worth $2,810,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in CSCO. Financial Connections Group Inc. boosted its position in shares of Cisco Systems by 89.4% during the second quarter. Financial Connections Group Inc. now owns 409 shares of the network equipment provider’s stock worth $28,000 after buying an additional 193 shares during the period. Brown Shipley& Co Ltd acquired a new position in shares of Cisco Systems during the second quarter worth about $32,000. Pandora Wealth Inc. acquired a new position in shares of Cisco Systems during the first quarter worth about $31,000. Nova Wealth Management Inc. acquired a new position in shares of Cisco Systems during the first quarter worth about $31,000. Finally, Fairway Wealth LLC boosted its position in shares of Cisco Systems by 224.7% during the first quarter. Fairway Wealth LLC now owns 578 shares of the network equipment provider’s stock worth $36,000 after buying an additional 400 shares during the period. 73.33% of the stock is owned by institutional investors and hedge funds.
Insiders Place Their Bets
In related news, EVP Deborah L. Stahlkopf sold 2,718 shares of the business’s stock in a transaction on Thursday, September 11th. The stock was sold at an average price of $68.08, for a total value of $185,041.44. Following the completion of the sale, the executive vice president directly owned 157,184 shares in the company, valued at $10,701,086.72. The trade was a 1.70% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Oliver Tuszik sold 17,526 shares of the business’s 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 owned 198,855 shares of the company’s stock, valued at $13,512,197.25. This trade represents a 8.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 82,965 shares of company stock worth $5,559,996 over the last three months. 0.01% of the stock is currently owned by corporate insiders.
Cisco Systems Stock Up 0.5%
Cisco Systems (NASDAQ:CSCO – Get Free Report) last posted its earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share for the quarter, topping 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 return on equity of 27.06% and a net margin of 18.45%.The firm’s revenue was up 7.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $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. As a group, research analysts anticipate that Cisco Systems, Inc. will post 3.04 EPS for the current year.
Cisco Systems Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Wednesday, October 22nd. Investors of record on Friday, October 3rd were paid a $0.41 dividend. The ex-dividend date was Friday, October 3rd. This represents a $1.64 annualized dividend and a yield of 2.3%. Cisco Systems’s payout ratio is 62.60%.
Analyst Upgrades and Downgrades
Several research firms have recently weighed in on CSCO. Piper Sandler upped their price objective on Cisco Systems from $64.00 to $70.00 and gave the stock a “neutral” rating in a research report on Thursday, August 14th. Bank of America upped their target price on Cisco Systems from $76.00 to $85.00 and gave the stock a “buy” rating in a report on Thursday, August 14th. Barclays upped their target price on Cisco Systems from $66.00 to $71.00 and gave the stock an “equal weight” rating in a report on Thursday, August 14th. CICC Research started coverage on Cisco Systems in a report on Monday, July 14th. They set an “outperform” rating and a $78.00 target price on the stock. Finally, Wall Street Zen lowered Cisco Systems from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 12th. One equities research 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 stock. According to MarketBeat, Cisco Systems presently has an average rating of “Moderate Buy” and an average price target of $74.72.
Get Our Latest Stock Report on CSCO
Cisco Systems 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.
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