Cisco Systems, Inc. $CSCO Shares Sold by Adams Asset Advisors LLC

Adams Asset Advisors LLC lowered its position in Cisco Systems, Inc. (NASDAQ:CSCO) by 11.1% during the second quarter, HoldingsChannel reports. The firm owned 158,192 shares of the network equipment provider’s stock after selling 19,778 shares during the period. Cisco Systems comprises 1.5% of Adams Asset Advisors LLC’s holdings, making the stock its 17th biggest position. Adams Asset Advisors LLC’s holdings in Cisco Systems were worth $10,975,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Mpwm Advisory Solutions LLC purchased a new position in Cisco Systems in the 4th quarter valued at $26,000. JDM Financial Group LLC lifted its holdings in Cisco Systems by 160.4% in the 4th quarter. JDM Financial Group LLC now owns 487 shares of the network equipment provider’s stock valued at $29,000 after purchasing an additional 300 shares in the last quarter. Pandora Wealth Inc. purchased a new position in Cisco Systems in the 1st quarter valued at $31,000. Nova Wealth Management Inc. purchased a new position in Cisco Systems in the 1st quarter valued at $31,000. Finally, Fairway Wealth LLC lifted its holdings in Cisco Systems by 224.7% in the 1st quarter. Fairway Wealth LLC now owns 578 shares of the network equipment provider’s stock valued at $36,000 after purchasing an additional 400 shares in the last quarter. Hedge funds and other institutional investors own 73.33% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on CSCO. Piper Sandler raised their price objective on Cisco Systems from $64.00 to $70.00 and gave the company a “neutral” rating in a report on Thursday, August 14th. JPMorgan Chase & Co. lifted their price target on Cisco Systems from $73.00 to $78.00 and gave the stock an “overweight” rating in a report on Thursday, July 17th. CICC Research started coverage on Cisco Systems in a report on Monday, July 14th. They set an “outperform” rating and a $78.00 price target on the stock. Barclays lifted their price target on Cisco Systems from $66.00 to $71.00 and gave the stock an “equal weight” rating in a report on Thursday, August 14th. Finally, Hsbc Global Res lowered Cisco Systems from a “strong-buy” rating to a “hold” rating in a report on Friday, August 15th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $74.53.

Cisco Systems Stock Down 1.7%

Shares of CSCO opened at $66.53 on Monday. The firm has a market cap of $263.01 billion, a P/E ratio of 25.39, a price-to-earnings-growth ratio of 2.80 and a beta of 0.99. Cisco Systems, Inc. has a 12-month low of $49.67 and a 12-month high of $72.55. The company’s 50-day moving average price is $68.24 and its 200 day moving average price is $64.00. The company has a current ratio of 1.00, a quick ratio of 0.91 and a debt-to-equity ratio of 0.49.

Cisco Systems (NASDAQ:CSCO) last issued its quarterly earnings data on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.98 by $0.01. The firm had revenue of $14.67 billion for the quarter, compared to analyst estimates of $14.63 billion. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. Cisco Systems’s revenue was up 7.6% on a year-over-year basis. 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. On average, sell-side analysts forecast that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.

Cisco Systems Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 22nd. Investors of record on Friday, October 3rd will be issued a $0.41 dividend. This represents a $1.64 annualized dividend and a yield of 2.5%. The ex-dividend date is Friday, October 3rd. Cisco Systems’s payout ratio is 62.60%.

Insider Transactions at Cisco Systems

In related news, EVP Deborah L. Stahlkopf sold 2,718 shares of the business’s stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $68.08, for a total value of $185,041.44. Following the sale, the executive vice president directly owned 157,184 shares in the company, valued at approximately $10,701,086.72. The trade was a 1.70% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Thimaya K. Subaiya sold 7,511 shares of the business’s stock in a transaction dated Wednesday, August 20th. The shares were sold at an average price of $66.84, for a total transaction of $502,035.24. Following the completion of the sale, the executive vice president owned 161,467 shares in the company, valued at approximately $10,792,454.28. This trade represents a 4.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 88,099 shares of company stock worth $5,851,765 in the last 90 days. Insiders own 0.01% of the company’s stock.

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.