PFG Investments LLC lifted its stake in Cisco Systems, Inc. (NASDAQ:CSCO – Free Report) by 0.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 175,137 shares of the network equipment provider’s stock after purchasing an additional 1,321 shares during the period. Cisco Systems makes up 0.7% of PFG Investments LLC’s investment portfolio, making the stock its 19th largest holding. PFG Investments LLC’s holdings in Cisco Systems were worth $12,151,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Victrix Investment Advisors lifted its position in shares of Cisco Systems by 3.6% during the 2nd quarter. Victrix Investment Advisors now owns 62,935 shares of the network equipment provider’s stock valued at $4,366,000 after acquiring an additional 2,158 shares during the period. Brown Shipley& Co Ltd purchased a new stake in Cisco Systems during the second quarter worth $32,000. PBMares Wealth Management LLC boosted its position in Cisco Systems by 4.8% during the second quarter. PBMares Wealth Management LLC now owns 6,313 shares of the network equipment provider’s stock worth $438,000 after purchasing an additional 287 shares in the last quarter. Generali Investments CEE investicni spolecnost a.s. boosted its position in Cisco Systems by 19.8% during the second quarter. Generali Investments CEE investicni spolecnost a.s. now owns 106,539 shares of the network equipment provider’s stock worth $7,392,000 after purchasing an additional 17,640 shares in the last quarter. Finally, Alley Investment Management Company LLC raised its stake in shares of Cisco Systems by 1.3% during the 2nd quarter. Alley Investment Management Company LLC now owns 110,062 shares of the network equipment provider’s stock worth $7,636,000 after buying an additional 1,406 shares during the last quarter. 73.33% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity at Cisco Systems
In other Cisco Systems news, EVP Thimaya K. Subaiya sold 1,744 shares of the company’s stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $66.78, for a total transaction of $116,464.32. Following the completion of the sale, the executive vice president directly owned 158,009 shares in the company, valued at $10,551,841.02. This represents a 1.09% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Deborah L. Stahlkopf sold 2,718 shares of the 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 sale, the executive vice president directly owned 157,184 shares of the company’s stock, valued at approximately $10,701,086.72. This trade represents a 1.70% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 82,965 shares of company stock valued at $5,559,996 over the last three months. Insiders own 0.01% of the company’s stock.
Wall Street Analysts Forecast Growth
Check Out Our Latest Report on Cisco Systems
Cisco Systems Stock Performance
Shares of CSCO stock opened at $68.42 on Wednesday. Cisco Systems, Inc. has a one year low of $52.11 and a one year 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 company has a 50 day moving average price of $68.12 and a 200 day moving average price of $64.43. The firm has a market capitalization of $270.48 billion, a price-to-earnings ratio of 26.11, a price-to-earnings-growth ratio of 2.85 and a beta of 0.99.
Cisco Systems (NASDAQ:CSCO – Get Free Report) 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. The firm had revenue of $14.67 billion during 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 for the quarter was up 7.6% compared to the same quarter last year. During the same quarter in the prior year, the business 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. Sell-side analysts anticipate that Cisco Systems, Inc. will post 3.04 EPS for the current year.
Cisco Systems Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 22nd. Shareholders of record on Friday, October 3rd will be paid a dividend of $0.41 per share. The ex-dividend date is Friday, October 3rd. This represents a $1.64 annualized dividend and a yield of 2.4%. Cisco Systems’s dividend payout ratio is currently 62.60%.
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.
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