Stock Yards Bank & Trust Co. Cuts Stock Holdings in Cisco Systems, Inc. $CSCO

Stock Yards Bank & Trust Co. decreased its position in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 0.3% during the second quarter, HoldingsChannel reports. The institutional investor owned 109,359 shares of the network equipment provider’s stock after selling 324 shares during the period. Stock Yards Bank & Trust Co.’s holdings in Cisco Systems were worth $7,587,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in CSCO. Postrock Partners LLC boosted its holdings in Cisco Systems by 4.5% in the second quarter. Postrock Partners LLC now owns 3,480 shares of the network equipment provider’s stock worth $241,000 after purchasing an additional 150 shares during the last quarter. Pacifica Partners Inc. boosted its holdings in Cisco Systems by 0.5% in 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 last quarter. Pacific Sage Partners LLC boosted its holdings in Cisco Systems by 0.9% in 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 last quarter. Childress Capital Advisors LLC boosted its holdings in Cisco Systems by 0.8% in 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 last quarter. Finally, Ashton Thomas Securities LLC boosted its holdings in Cisco Systems by 2.9% in 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 last quarter. Hedge funds and other institutional investors own 73.33% of the company’s stock.

Cisco Systems Stock Down 0.6%

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

Cisco Systems (NASDAQ:CSCO) last announced its quarterly earnings data on Wednesday, August 13th. The network equipment provider reported $0.99 EPS for the quarter, beating the consensus estimate of $0.98 by $0.01. The firm had revenue of $14.67 billion for the quarter, compared to the consensus estimate of $14.63 billion. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. The company’s revenue was up 7.6% on a year-over-year basis. During the same period last year, the firm earned $0.87 EPS. 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 expect that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.

Cisco Systems Announces Dividend

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

Wall Street Analysts Forecast Growth

CSCO has been the topic of several research reports. Barclays raised their target price on shares of Cisco Systems from $66.00 to $71.00 and gave the stock an “equal weight” rating in a report on Thursday, August 14th. William Blair upgraded shares of Cisco Systems to a “hold” rating in a report on Thursday, August 14th. KeyCorp initiated coverage on shares of Cisco Systems in a report on Thursday, June 26th. They issued an “overweight” rating and a $77.00 target price on the stock. Wolfe Research initiated coverage on shares of Cisco Systems in a research note on Tuesday, July 8th. They set a “peer perform” rating on the stock. Finally, Bank of America lifted their price target on shares of Cisco Systems from $76.00 to $85.00 and gave the stock a “buy” rating in a research note on Thursday, August 14th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and ten have given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $74.53.

Insider Buying and Selling

In other Cisco Systems news, SVP Maria Victoria Wong sold 428 shares of Cisco Systems 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. The trade was a 1.38% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Charles Robbins sold 30,557 shares of Cisco Systems stock in a transaction on Friday, August 15th. The shares were sold at an average price of $66.63, for a total transaction of $2,036,012.91. Following the completion of the sale, the chief executive officer owned 639,000 shares in the company, valued at approximately $42,576,570. This represents a 4.56% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 82,965 shares of company stock worth $5,559,996 in the last 90 days. 0.01% of the stock is owned by company insiders.

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.