Cornell Pochily Investment Advisors Inc. Buys 1,515 Shares of Cisco Systems, Inc. $CSCO

Cornell Pochily Investment Advisors Inc. raised its stake in Cisco Systems, Inc. (NASDAQ:CSCO) by 5.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 27,449 shares of the network equipment provider’s stock after acquiring an additional 1,515 shares during the quarter. Cornell Pochily Investment Advisors Inc.’s holdings in Cisco Systems were worth $1,904,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the stock. Postrock Partners LLC raised its holdings in Cisco Systems by 4.5% in the 2nd quarter. Postrock Partners LLC now owns 3,480 shares of the network equipment provider’s stock valued at $241,000 after acquiring an additional 150 shares during the period. Pacifica Partners Inc. increased its holdings in shares of Cisco Systems by 0.5% during the second quarter. Pacifica Partners Inc. now owns 34,060 shares of the network equipment provider’s stock worth $2,338,000 after purchasing an additional 155 shares during the period. Pacific Sage Partners LLC increased its holdings in shares of Cisco Systems by 0.9% during the second quarter. Pacific Sage Partners LLC now owns 16,746 shares of the network equipment provider’s stock worth $1,162,000 after purchasing an additional 156 shares during the period. Childress Capital Advisors LLC increased its holdings in shares of Cisco Systems by 0.8% during the second quarter. Childress Capital Advisors LLC now owns 18,806 shares of the network equipment provider’s stock worth $1,305,000 after purchasing an additional 157 shares during the period. Finally, Ashton Thomas Securities LLC increased its holdings in shares of Cisco Systems by 2.9% during the first quarter. Ashton Thomas Securities LLC now owns 5,654 shares of the network equipment provider’s stock worth $349,000 after purchasing an additional 159 shares during the period. 73.33% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

CSCO has been the topic of several recent research reports. Bank of America raised their target price on shares of Cisco Systems from $76.00 to $85.00 and gave the stock a “buy” rating in a report on Thursday, August 14th. Morgan Stanley raised their target price on shares of Cisco Systems from $67.00 to $70.00 and gave the stock an “overweight” rating in a report on Friday, July 18th. Piper Sandler raised their target price on shares of Cisco Systems from $64.00 to $70.00 and gave the stock a “neutral” rating in a report on Thursday, August 14th. Rosenblatt Securities reaffirmed a “buy” rating and set a $87.00 target price on shares of Cisco Systems in a report on Thursday, August 14th. Finally, Wells Fargo & Company raised their target price on shares of Cisco Systems from $75.00 to $83.00 and gave the stock an “overweight” 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 company. Based on data from MarketBeat, Cisco Systems currently has a consensus rating of “Moderate Buy” and a consensus price target of $74.53.

Cisco Systems Stock Performance

Shares of Cisco Systems stock opened at $68.31 on Friday. 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 current ratio of 1.00 and a quick ratio of 0.91. The firm has a market capitalization of $270.04 billion, a P/E ratio of 26.07, a P/E/G ratio of 2.89 and a beta of 0.97. The company’s 50 day moving average price is $68.12 and its two-hundred day moving average price is $64.51.

Cisco Systems (NASDAQ:CSCO) last issued its earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $14.63 billion. During the same quarter last year, the business posted $0.87 earnings per share. The company’s quarterly 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. On average, equities analysts forecast that Cisco Systems, Inc. will post 3.04 earnings per share 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. Stockholders 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 dividend yield of 2.4%. The ex-dividend date is Friday, October 3rd. Cisco Systems’s payout ratio is 62.60%.

Insider Activity at Cisco Systems

In related news, EVP Deborah L. Stahlkopf sold 9,783 shares of the business’s stock in a transaction on 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 owned 161,662 shares in the company, valued at $10,766,689.20. The trade was a 5.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Thimaya K. Subaiya sold 7,511 shares of the business’s stock in a transaction on Wednesday, August 20th. The shares were sold at an average price of $66.84, for a total transaction of $502,035.24. Following the completion of the transaction, the executive vice president owned 161,467 shares in the company, valued at approximately $10,792,454.28. The trade was a 4.44% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 82,965 shares of company stock valued at $5,559,996 in the last quarter. Insiders own 0.01% of the company’s stock.

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.