Cisco Systems, Inc. $CSCO Shares Acquired by Stockman Wealth Management Inc.

Stockman Wealth Management Inc. increased its holdings in Cisco Systems, Inc. (NASDAQ:CSCO) by 0.5% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 251,540 shares of the network equipment provider’s stock after buying an additional 1,141 shares during the period. Cisco Systems comprises approximately 2.4% of Stockman Wealth Management Inc.’s holdings, making the stock its 11th biggest position. Stockman Wealth Management Inc.’s holdings in Cisco Systems were worth $17,452,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Barry Investment Advisors LLC boosted its holdings in shares of Cisco Systems by 0.5% in the 2nd quarter. Barry Investment Advisors LLC now owns 149,042 shares of the network equipment provider’s stock valued at $10,341,000 after buying an additional 785 shares during the period. Willow Creek Wealth Management Inc. boosted its stake in Cisco Systems by 3.7% during the 2nd quarter. Willow Creek Wealth Management Inc. now owns 107,553 shares of the network equipment provider’s stock valued at $7,462,000 after purchasing an additional 3,885 shares during the period. Uncommon Cents Investing LLC boosted its stake in Cisco Systems by 0.9% during the 2nd quarter. Uncommon Cents Investing LLC now owns 69,565 shares of the network equipment provider’s stock valued at $4,826,000 after purchasing an additional 626 shares during the period. BayBridge Capital Group LLC boosted its stake in Cisco Systems by 3.0% during the 2nd quarter. BayBridge Capital Group LLC now owns 8,759 shares of the network equipment provider’s stock valued at $608,000 after purchasing an additional 258 shares during the period. Finally, Virginia Wealth Management Group Inc. raised its position in shares of Cisco Systems by 0.3% during the 2nd quarter. Virginia Wealth Management Group Inc. now owns 76,196 shares of the network equipment provider’s stock worth $5,286,000 after buying an additional 211 shares in the last quarter. 73.33% of the stock is owned by institutional investors and hedge funds.

Cisco Systems Trading Down 0.9%

Shares of Cisco Systems stock opened at $67.22 on Friday. Cisco Systems, Inc. has a 12-month low of $52.11 and a 12-month high of $72.55. The company has a 50-day simple moving average of $68.12 and a 200 day simple moving average of $64.32. The company has a quick ratio of 0.91, a current ratio of 1.00 and a debt-to-equity ratio of 0.49. The stock has a market capitalization of $265.73 billion, a P/E ratio of 25.66, a price-to-earnings-growth ratio of 2.82 and a beta of 0.99.

Cisco Systems (NASDAQ:CSCO) last issued its quarterly earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 EPS for the quarter, topping the consensus estimate of $0.98 by $0.01. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. The company had revenue of $14.67 billion during the quarter, compared to analysts’ expectations of $14.63 billion. During the same quarter in the previous year, the company earned $0.87 EPS. Cisco Systems’s revenue was up 7.6% on a year-over-year basis. Cisco Systems has set its Q1 2026 guidance at 0.970-0.990 EPS. FY 2026 guidance at 4.000-4.060 EPS. Research analysts expect that Cisco Systems, Inc. will post 3.04 earnings per share for the current fiscal year.

Cisco Systems Dividend Announcement

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

Analyst Ratings Changes

A number of research firms have commented on CSCO. HSBC restated a “hold” rating and set a $69.00 price target on shares of Cisco Systems in a research report on Friday, August 15th. Piper Sandler boosted their price target on shares of Cisco Systems from $64.00 to $70.00 and gave the stock a “neutral” rating in a research report on Thursday, August 14th. Wall Street Zen downgraded shares of Cisco Systems from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 12th. UBS Group boosted their price target on shares of Cisco Systems from $70.00 to $74.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 5th. Finally, Barclays boosted their target price on shares of Cisco Systems from $66.00 to $71.00 and gave the stock an “equal weight” rating in a report on Thursday, August 14th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Cisco Systems currently has a consensus rating of “Moderate Buy” and a consensus target price of $74.53.

Insider Buying and Selling at Cisco Systems

In related news, EVP Deborah L. Stahlkopf sold 9,783 shares of Cisco Systems stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $66.60, for a total transaction of $651,547.80. Following the transaction, the executive vice president owned 161,662 shares of the company’s stock, valued at $10,766,689.20. This trade represents a 5.71% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Jeetendra I. Patel sold 9,061 shares of Cisco Systems stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $66.60, for a total transaction of $603,462.60. Following the transaction, the insider directly owned 237,405 shares in the company, valued at $15,811,173. The trade was a 3.68% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 82,965 shares of company stock worth $5,559,996 over the last ninety days. 0.01% of the stock is owned by corporate insiders.

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.