Woodward Diversified Capital LLC boosted its position in Cisco Systems, Inc. (NASDAQ:CSCO – Free Report) by 44.8% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 23,014 shares of the network equipment provider’s stock after purchasing an additional 7,125 shares during the period. Cisco Systems makes up about 0.8% of Woodward Diversified Capital LLC’s portfolio, making the stock its 29th largest holding. Woodward Diversified Capital LLC’s holdings in Cisco Systems were worth $1,597,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Pandora Wealth Inc. acquired a new position in shares of Cisco Systems in the 1st quarter worth $31,000. Nova Wealth Management Inc. purchased a new position in Cisco Systems in the 1st quarter worth about $31,000. Brown Shipley& Co Ltd acquired a new stake in Cisco Systems during the 2nd quarter worth about $32,000. Fairway Wealth LLC lifted its stake in Cisco Systems by 224.7% during the first quarter. Fairway Wealth LLC now owns 578 shares of the network equipment provider’s stock valued at $36,000 after buying an additional 400 shares in the last quarter. Finally, Accent Capital Management LLC acquired a new position in shares of Cisco Systems in the first quarter worth about $36,000. 73.33% of the stock is owned by institutional investors and hedge funds.
Insider Activity at Cisco Systems
In related news, CEO Charles Robbins sold 30,557 shares of the business’s stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $66.63, for a total value of $2,036,012.91. Following the completion of the sale, the chief executive officer directly owned 639,000 shares in the company, valued at approximately $42,576,570. The trade was a 4.56% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, 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 completion of the transaction, the executive vice president directly owned 161,662 shares in the company, valued at approximately $10,766,689.20. This represents a 5.71% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 82,965 shares of company stock valued at $5,559,996. Insiders own 0.01% of the company’s stock.
Wall Street Analyst Weigh In
Check Out Our Latest Stock Analysis on Cisco Systems
Cisco Systems Trading Up 0.5%
NASDAQ:CSCO opened at $68.75 on Thursday. The company has a market capitalization of $271.78 billion, a P/E ratio of 26.24, a P/E/G ratio of 2.88 and a beta of 0.97. The stock’s 50 day moving average price is $68.12 and its 200 day moving average price is $64.46. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.91 and a current ratio of 1.00. Cisco Systems, Inc. has a 52 week low of $52.11 and a 52 week high of $72.55.
Cisco Systems (NASDAQ:CSCO – Get Free Report) last posted its 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 the consensus estimate of $14.63 billion. During the same period in the previous year, the firm posted $0.87 earnings per share. The company’s revenue for the quarter was up 7.6% compared to the same quarter last year. Cisco Systems has set its Q1 2026 guidance at 0.970-0.990 EPS. FY 2026 guidance at 4.000-4.060 EPS. On average, research analysts forecast that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.
Cisco Systems Dividend Announcement
The firm also recently announced 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 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend is Friday, October 3rd. Cisco Systems’s dividend payout ratio is presently 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.
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