Advisors Management Group Inc. ADV Has $8.80 Million Stock Holdings in Cisco Systems, Inc. $CSCO

Advisors Management Group Inc. ADV lowered its stake in Cisco Systems, Inc. (NASDAQ:CSCO) by 0.8% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 126,769 shares of the network equipment provider’s stock after selling 1,039 shares during the quarter. Cisco Systems comprises approximately 1.7% of Advisors Management Group Inc. ADV’s holdings, making the stock its 15th largest holding. Advisors Management Group Inc. ADV’s holdings in Cisco Systems were worth $8,795,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the stock. First American Bank lifted its stake in shares of Cisco Systems by 5.2% in the 2nd quarter. First American Bank now owns 76,663 shares of the network equipment provider’s stock valued at $5,319,000 after purchasing an additional 3,776 shares during the period. ORG Partners LLC increased its holdings in Cisco Systems by 21.1% during the 2nd quarter. ORG Partners LLC now owns 2,050 shares of the network equipment provider’s stock worth $142,000 after purchasing an additional 357 shares in the last quarter. Gradient Capital Advisors LLC increased its holdings in Cisco Systems by 29.4% during the 2nd quarter. Gradient Capital Advisors LLC now owns 22,838 shares of the network equipment provider’s stock worth $1,584,000 after purchasing an additional 5,195 shares in the last quarter. Rainier Family Wealth Inc. increased its holdings in Cisco Systems by 6.1% during the 2nd quarter. Rainier Family Wealth Inc. now owns 5,767 shares of the network equipment provider’s stock worth $400,000 after purchasing an additional 329 shares in the last quarter. Finally, Highline Wealth Partners LLC grew its holdings in shares of Cisco Systems by 23.0% in the 2nd quarter. Highline Wealth Partners LLC now owns 857 shares of the network equipment provider’s stock valued at $59,000 after acquiring an additional 160 shares in the last quarter. Institutional investors and hedge funds own 73.33% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently weighed in on CSCO shares. 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. Bank of America raised their price objective on shares of Cisco Systems from $76.00 to $85.00 and gave the stock a “buy” rating in a research report on Thursday, August 14th. JPMorgan Chase & Co. lifted their price target on shares of Cisco Systems from $73.00 to $78.00 and gave the company an “overweight” rating in a research report on Thursday, July 17th. Rosenblatt Securities reiterated a “buy” rating and issued a $87.00 price target on shares of Cisco Systems in a research report on Thursday, August 14th. Finally, Wells Fargo & Company boosted their target price on shares of Cisco Systems from $75.00 to $83.00 and gave the stock an “overweight” rating in a research note on Thursday, August 14th. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $74.53.

Insider Activity at Cisco Systems

In other news, insider Jeetendra I. Patel sold 9,061 shares of Cisco Systems stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $66.60, for a total transaction of $603,462.60. Following the sale, the insider owned 237,405 shares of the company’s stock, valued at approximately $15,811,173. The trade was a 3.68% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Oliver Tuszik sold 17,526 shares of Cisco Systems stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $67.95, for a total transaction of $1,190,891.70. Following the completion of the transaction, the executive vice president directly 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 have sold 82,965 shares of company stock worth $5,559,996 in the last 90 days. Corporate insiders own 0.01% of the company’s stock.

Cisco Systems Trading Down 0.9%

NASDAQ:CSCO opened at $67.22 on Friday. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.00 and a quick ratio of 0.91. The firm has a 50-day moving average of $68.12 and a 200-day moving average of $64.30. The company has a market cap of $265.73 billion, a PE ratio of 25.66, a PEG ratio of 2.85 and a beta of 0.99. Cisco Systems, Inc. has a one year low of $52.11 and a one year high of $72.55.

Cisco Systems (NASDAQ:CSCO) last released its earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share for the quarter, beating analysts’ consensus estimates of $0.98 by $0.01. The firm had revenue of $14.67 billion during the quarter, compared to the consensus estimate of $14.63 billion. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. The company’s revenue was up 7.6% compared to the same quarter last year. During the same period in the prior 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, equities research analysts expect that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.

Cisco Systems Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 22nd. Shareholders of record on Friday, October 3rd will be given a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date is Friday, October 3rd. Cisco Systems’s dividend payout ratio (DPR) is presently 62.60%.

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.