Cisco Systems, Inc. $CSCO Stake Trimmed by Tealwood Asset Management Inc.

Tealwood Asset Management Inc. lowered its stake in Cisco Systems, Inc. (NASDAQ:CSCO) by 2.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 45,501 shares of the network equipment provider’s stock after selling 1,345 shares during the quarter. Cisco Systems makes up 1.4% of Tealwood Asset Management Inc.’s investment portfolio, making the stock its 5th largest holding. Tealwood Asset Management Inc.’s holdings in Cisco Systems were worth $3,157,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. grew its position in Cisco Systems by 0.5% during the 1st quarter. Vanguard Group Inc. now owns 388,949,854 shares of the network equipment provider’s stock worth $24,002,095,000 after purchasing an additional 1,865,648 shares in the last quarter. Invesco Ltd. grew its position in Cisco Systems by 10.4% during the 1st quarter. Invesco Ltd. now owns 47,117,146 shares of the network equipment provider’s stock worth $2,907,599,000 after purchasing an additional 4,437,450 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of Cisco Systems by 37.4% during the first quarter. Goldman Sachs Group Inc. now owns 46,973,293 shares of the network equipment provider’s stock valued at $2,898,722,000 after buying an additional 12,775,066 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of Cisco Systems by 3.6% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 37,797,629 shares of the network equipment provider’s stock valued at $2,332,492,000 after buying an additional 1,326,354 shares in the last quarter. Finally, Amundi grew its holdings in shares of Cisco Systems by 11.0% during the first quarter. Amundi now owns 29,170,847 shares of the network equipment provider’s stock valued at $1,679,312,000 after buying an additional 2,898,391 shares in the last quarter. 73.33% of the stock is owned by hedge funds and other institutional investors.

Cisco Systems Stock Performance

CSCO stock opened at $67.72 on Tuesday. 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 company has a market capitalization of $267.71 billion, a price-to-earnings ratio of 25.85, a P/E/G ratio of 2.83 and a beta of 0.99. Cisco Systems, Inc. has a 12 month low of $52.11 and a 12 month high of $72.55. The firm has a 50 day moving average of $68.11 and a two-hundred day moving average of $64.41.

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, topping analysts’ consensus estimates of $0.98 by $0.01. The firm had revenue of $14.67 billion during the quarter, compared to analysts’ expectations 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 for the quarter was up 7.6% on a year-over-year basis. During the same period in the prior year, the company posted $0.87 earnings per share. 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 analysts anticipate that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.

Cisco Systems Dividend Announcement

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

Insider Activity at Cisco Systems

In other Cisco Systems news, EVP Deborah L. Stahlkopf sold 2,718 shares of the company’s stock in a transaction that occurred on Thursday, September 11th. The stock was sold at an average price of $68.08, for a total transaction of $185,041.44. Following the completion of the sale, the executive vice president owned 157,184 shares of the company’s stock, valued at $10,701,086.72. This represents a 1.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Maria Victoria Wong sold 428 shares of the company’s stock in a transaction on Thursday, September 11th. The stock was sold at an average price of $68.25, for a total transaction of $29,211.00. Following the sale, the senior vice president directly owned 30,619 shares of the company’s stock, valued at approximately $2,089,746.75. This represents a 1.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 82,965 shares of company stock worth $5,559,996 in the last 90 days. Insiders own 0.01% of the company’s stock.

Wall Street Analysts Forecast Growth

CSCO has been the topic of several research analyst reports. CICC Research initiated coverage on Cisco Systems in a research note on Monday, July 14th. They set an “outperform” rating and a $78.00 target price on the stock. Evercore ISI boosted their price objective on shares of Cisco Systems from $72.00 to $74.00 and gave the company an “in-line” rating in a research report on Thursday, August 14th. JPMorgan Chase & Co. boosted their price objective 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. Wall Street Zen cut shares of Cisco Systems from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 12th. Finally, Barclays boosted their price target on shares of Cisco Systems from $66.00 to $71.00 and gave the company an “equal weight” rating in a report on Thursday, August 14th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat.com, Cisco Systems presently has an average rating of “Moderate Buy” and an average price target of $74.53.

Cisco Systems 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.