Tobias Financial Advisors Inc. Takes Position in Cisco Systems, Inc. $CSCO

Tobias Financial Advisors Inc. bought a new stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO) during the 4th quarter, HoldingsChannel.com reports. The firm bought 4,619 shares of the network equipment provider’s stock, valued at approximately $356,000.

Other institutional investors have also made changes to their positions in the company. Intesa Sanpaolo Wealth Management acquired a new stake in shares of Cisco Systems during the 4th quarter valued at about $25,000. MidAtlantic Capital Management Inc. acquired a new stake in shares of Cisco Systems during the 4th quarter valued at about $25,000. Jessup Wealth Management Inc acquired a new stake in shares of Cisco Systems during the 4th quarter valued at about $29,000. EQ Wealth Advisors LLC acquired a new stake in shares of Cisco Systems during the 4th quarter valued at about $31,000. Finally, Board of the Pension Protection Fund acquired a new stake in shares of Cisco Systems during the 4th quarter valued at about $31,000. 73.33% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Cisco Systems

In other Cisco Systems news, EVP Oliver Tuszik sold 2,607 shares of the stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $121.12, for a total transaction of $315,759.84. Following the sale, the executive vice president owned 172,727 shares of the company’s stock, valued at $20,920,694.24. This represents a 1.49% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Deborah L. Stahlkopf sold 6,586 shares of the stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $117.31, for a total transaction of $772,603.66. Following the sale, the executive vice president directly owned 177,223 shares in the company, valued at approximately $20,790,030.13. This represents a 3.58% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 43,655 shares of company stock worth $5,063,970 in the last quarter. Insiders own 0.01% of the company’s stock.

Cisco Systems Trading Down 0.8%

Shares of Cisco Systems stock opened at $120.17 on Tuesday. The stock has a market capitalization of $473.64 billion, a P/E ratio of 39.02, a price-to-earnings-growth ratio of 3.09 and a beta of 1.01. The company has a quick ratio of 0.81, a current ratio of 0.92 and a debt-to-equity ratio of 0.40. The company has a 50-day simple moving average of $103.10 and a 200 day simple moving average of $86.88. Cisco Systems, Inc. has a 12-month low of $64.85 and a 12-month high of $130.37.

Cisco Systems (NASDAQ:CSCO) last announced its earnings results on Wednesday, May 13th. The network equipment provider reported $1.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.03 by $0.03. Cisco Systems had a net margin of 20.14% and a return on equity of 28.44%. The business had revenue of $15.84 billion during the quarter, compared to analysts’ expectations of $15.56 billion. During the same quarter last year, the company posted $0.96 EPS. The firm’s revenue for the quarter was up 12.0% on a year-over-year basis. Cisco Systems has set its Q4 2026 guidance at 1.160-1.180 EPS and its FY 2026 guidance at 4.270-4.290 EPS. Research analysts expect that Cisco Systems, Inc. will post 3.54 earnings per share for the current fiscal year.

Cisco Systems Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 22nd. Shareholders of record on Monday, July 6th will be issued a dividend of $0.42 per share. The ex-dividend date of this dividend is Monday, July 6th. This represents a $1.68 dividend on an annualized basis and a yield of 1.4%. Cisco Systems’s dividend payout ratio is currently 54.55%.

Analyst Ratings Changes

Several brokerages have recently weighed in on CSCO. HSBC upgraded shares of Cisco Systems from a “hold” rating to a “buy” rating and lifted their target price for the company from $77.00 to $137.00 in a research report on Friday, May 15th. Weiss Ratings upgraded shares of Cisco Systems from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, May 29th. Wall Street Zen cut shares of Cisco Systems from a “buy” rating to a “hold” rating in a research report on Saturday, March 14th. Zacks Research cut shares of Cisco Systems from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 13th. Finally, Piper Sandler increased their target price on shares of Cisco Systems from $86.00 to $132.00 and gave the stock a “neutral” rating in a research report on Thursday, May 14th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat, Cisco Systems presently has a consensus rating of “Moderate Buy” and an average target price of $122.90.

Cisco Systems Company Profile

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.