FARMERS & MERCHANTS TRUST Co OF LONG BEACH Buys 2,295 Shares of Cisco Systems, Inc. $CSCO

FARMERS & MERCHANTS TRUST Co OF LONG BEACH lifted its stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 26.5% during the second quarter, Holdings Channel.com reports. The firm owned 10,964 shares of the network equipment provider’s stock after acquiring an additional 2,295 shares during the period. FARMERS & MERCHANTS TRUST Co OF LONG BEACH’s holdings in Cisco Systems were worth $761,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in CSCO. Moss Adams Wealth Advisors LLC raised its stake in Cisco Systems by 17.4% during the 2nd quarter. Moss Adams Wealth Advisors LLC now owns 17,999 shares of the network equipment provider’s stock worth $1,249,000 after buying an additional 2,671 shares during the period. GC Wealth Management RIA LLC grew its stake in Cisco Systems by 68.1% in the second quarter. GC Wealth Management RIA LLC now owns 65,874 shares of the network equipment provider’s stock valued at $4,570,000 after acquiring an additional 26,698 shares during the period. Cairn Investment Group Inc. increased its holdings in shares of Cisco Systems by 1.2% during the second quarter. Cairn Investment Group Inc. now owns 25,102 shares of the network equipment provider’s stock valued at $1,742,000 after acquiring an additional 300 shares in the last quarter. Albion Financial Group UT raised its position in shares of Cisco Systems by 1.1% during the second quarter. Albion Financial Group UT now owns 158,084 shares of the network equipment provider’s stock worth $10,968,000 after purchasing an additional 1,746 shares during the period. Finally, Sound Income Strategies LLC raised its position in shares of Cisco Systems by 5.8% during the second quarter. Sound Income Strategies LLC now owns 394,886 shares of the network equipment provider’s stock worth $27,397,000 after purchasing an additional 21,612 shares during the period. 73.33% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, EVP Deborah L. Stahlkopf sold 9,783 shares of the business’s stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $66.60, for a total value of $651,547.80. Following the transaction, the executive vice president directly owned 161,662 shares of the company’s stock, valued at approximately $10,766,689.20. The trade was a 5.71% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Jeetendra I. Patel sold 9,061 shares of the firm’s stock in a transaction dated Friday, August 15th. The stock was 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 $15,811,173. This trade represents a 3.68% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 82,965 shares of company stock valued at $5,559,996. 0.01% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several research firms recently issued reports on CSCO. Wells Fargo & Company lifted their price target on shares of Cisco Systems from $75.00 to $83.00 and gave the company an “overweight” rating in a research report on Thursday, August 14th. Morgan Stanley lifted their price objective on shares of Cisco Systems from $67.00 to $70.00 and gave the company an “overweight” rating in a report on Friday, July 18th. Hsbc Global Res lowered shares of Cisco Systems from a “strong-buy” rating to a “hold” rating in a report on Friday, August 15th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $87.00 price target on shares of Cisco Systems in a research report on Thursday, August 14th. Finally, Evercore ISI boosted their price objective on Cisco Systems from $72.00 to $74.00 and gave the stock an “in-line” rating in a report on Thursday, August 14th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $74.53.

Cisco Systems Stock Down 0.9%

Cisco Systems stock opened at $67.22 on Monday. Cisco Systems, Inc. has a fifty-two week low of $52.11 and a fifty-two week high of $72.55. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.91 and a current ratio of 1.00. The firm’s 50-day simple moving average is $68.12 and its 200 day simple moving average is $64.36. The stock has a market cap of $265.73 billion, a PE ratio of 25.66, a price-to-earnings-growth ratio of 2.83 and a beta of 0.99.

Cisco Systems (NASDAQ:CSCO) last posted its quarterly earnings data on Wednesday, August 13th. The network equipment provider reported $0.99 EPS for the quarter, beating 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 firm had revenue of $14.67 billion during the quarter, compared to analyst estimates of $14.63 billion. During the same quarter last year, the business posted $0.87 EPS. The company’s revenue for the quarter 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 predict that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.

Cisco Systems Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 22nd. Investors of record on Friday, October 3rd will be issued 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 62.60%.

About Cisco Systems

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.