Hudson Valley Investment Advisors Inc. ADV Acquires 9,340 Shares of Cisco Systems, Inc. $CSCO

Hudson Valley Investment Advisors Inc. ADV raised its holdings in Cisco Systems, Inc. (NASDAQ:CSCO) by 7.8% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 128,484 shares of the network equipment provider’s stock after buying an additional 9,340 shares during the period. Hudson Valley Investment Advisors Inc. ADV’s holdings in Cisco Systems were worth $8,914,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. QRG Capital Management Inc. raised its stake in Cisco Systems by 17.9% in the second quarter. QRG Capital Management Inc. now owns 1,010,544 shares of the network equipment provider’s stock valued at $70,112,000 after buying an additional 153,543 shares during the period. Wallington Asset Management LLC acquired a new position in shares of Cisco Systems in the second quarter valued at approximately $9,974,000. Cape ANN Savings Bank grew its position in shares of Cisco Systems by 9.5% in the second quarter. Cape ANN Savings Bank now owns 4,075 shares of the network equipment provider’s stock valued at $283,000 after purchasing an additional 355 shares during the last quarter. Corundum Group Inc. grew its position in shares of Cisco Systems by 0.9% in the second quarter. Corundum Group Inc. now owns 19,638 shares of the network equipment provider’s stock valued at $1,362,000 after purchasing an additional 170 shares during the last quarter. Finally, Segment Wealth Management LLC grew its position in shares of Cisco Systems by 2.4% in the second quarter. Segment Wealth Management LLC now owns 7,957 shares of the network equipment provider’s stock valued at $552,000 after purchasing an additional 187 shares during the last quarter. Institutional investors own 73.33% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently commented on CSCO. HSBC reaffirmed a “hold” rating and issued a $69.00 target price on shares of Cisco Systems in a research report on Friday, August 15th. JPMorgan Chase & Co. upped their target price on Cisco Systems from $73.00 to $78.00 and gave the company an “overweight” rating in a research report on Thursday, July 17th. UBS Group upped their target price on Cisco Systems from $70.00 to $74.00 and gave the company a “neutral” rating in a research report on Tuesday, August 5th. Wall Street Zen downgraded Cisco Systems from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 12th. Finally, Hsbc Global Res downgraded Cisco Systems from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 15th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $74.53.

Cisco Systems Trading Down 0.6%

NASDAQ CSCO opened at $67.92 on Friday. The company has a quick ratio of 0.91, a current ratio of 1.00 and a debt-to-equity ratio of 0.49. Cisco Systems, Inc. has a twelve month low of $52.11 and a twelve month high of $72.55. The company has a market cap of $268.50 billion, a price-to-earnings ratio of 25.92, a price-to-earnings-growth ratio of 2.87 and a beta of 0.97. The business’s fifty day moving average is $68.10 and its 200 day moving average is $64.57.

Cisco Systems (NASDAQ:CSCO) last released its quarterly earnings data on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share for the quarter, beating the consensus estimate of $0.98 by $0.01. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The company had revenue of $14.67 billion for the quarter, compared to the consensus estimate of $14.63 billion. During the same quarter last year, the business posted $0.87 EPS. Cisco Systems’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. As a group, sell-side analysts expect that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.

Cisco Systems Announces Dividend

The company also recently disclosed 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. The ex-dividend date of this dividend is Friday, October 3rd. This represents a $1.64 annualized dividend and a dividend yield of 2.4%. Cisco Systems’s dividend payout ratio (DPR) is 62.60%.

Insider Activity at Cisco Systems

In related news, EVP Thimaya K. Subaiya sold 1,744 shares of the firm’s stock in a transaction on Friday, September 12th. The stock was sold at an average price of $66.78, for a total transaction of $116,464.32. Following the sale, the executive vice president owned 158,009 shares of the company’s stock, valued at $10,551,841.02. This trade represents a 1.09% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Maria Victoria Wong sold 428 shares of the firm’s stock in a transaction on Thursday, September 11th. The shares were sold at an average price of $68.25, for a total value of $29,211.00. Following the sale, the senior vice president directly owned 30,619 shares in the company, valued at approximately $2,089,746.75. This trade represents a 1.38% decrease in their position. 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 over the last 90 days. 0.01% of the stock is currently owned by company insiders.

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.