Mount Vernon Associates Inc. MD Has $2.87 Million Position in Cisco Systems, Inc. $CSCO

Mount Vernon Associates Inc. MD lifted its stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 0.4% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 41,379 shares of the network equipment provider’s stock after acquiring an additional 150 shares during the period. Cisco Systems accounts for about 2.1% of Mount Vernon Associates Inc. MD’s portfolio, making the stock its 16th largest position. Mount Vernon Associates Inc. MD’s holdings in Cisco Systems were worth $2,871,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of CSCO. Pandora Wealth Inc. acquired a new position in Cisco Systems during the first quarter worth $31,000. Nova Wealth Management Inc. acquired a new position in Cisco Systems during the first quarter worth $31,000. Brown Shipley& Co Ltd acquired a new position in Cisco Systems during the second quarter worth $32,000. Fairway Wealth LLC raised its holdings in Cisco Systems by 224.7% during the first quarter. Fairway Wealth LLC now owns 578 shares of the network equipment provider’s stock worth $36,000 after buying an additional 400 shares during the last quarter. Finally, Accent Capital Management LLC acquired a new position in Cisco Systems during the first quarter worth $36,000. Institutional investors and hedge funds own 73.33% of the company’s stock.

Wall Street Analysts Forecast Growth

CSCO has been the topic of several research reports. Piper Sandler upped their price objective 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. Wolfe Research initiated coverage on shares of Cisco Systems in a research note on Tuesday, July 8th. They issued a “peer perform” rating for the company. William Blair upgraded shares of Cisco Systems to a “hold” rating in a research note on Thursday, August 14th. Rosenblatt Securities reiterated a “buy” rating and issued a $87.00 target price on shares of Cisco Systems in a research note on Thursday, August 14th. Finally, UBS Group upped their target price on shares of Cisco Systems from $70.00 to $74.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Cisco Systems has an average rating of “Moderate Buy” and an average price target of $74.53.

Cisco Systems Price Performance

NASDAQ CSCO opened at $67.92 on Friday. Cisco Systems, Inc. has a 52 week low of $52.11 and a 52 week high of $72.55. The company has a market cap of $268.50 billion, a PE ratio of 25.92, a price-to-earnings-growth ratio of 2.85 and a beta of 0.97. The company has a quick ratio of 0.91, a current ratio of 1.00 and a debt-to-equity ratio of 0.49. The firm’s 50-day simple moving average is $68.10 and its two-hundred day simple moving average is $64.59.

Cisco Systems (NASDAQ:CSCO) last announced its quarterly earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share (EPS) for the quarter, topping 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 the consensus estimate of $14.63 billion. During the same period in the prior year, the firm posted $0.87 earnings per share. The company’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. Research analysts predict that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.

Cisco Systems Announces Dividend

The company 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 $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a dividend 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%.

Insider Transactions at Cisco Systems

In other news, SVP Maria Victoria Wong sold 428 shares of the stock in a transaction dated 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 of the company’s stock, valued at approximately $2,089,746.75. This represents a 1.38% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Oliver Tuszik sold 17,526 shares of the stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $67.95, for a total transaction of $1,190,891.70. Following the completion of the sale, the executive vice president directly owned 198,855 shares in the company, valued at approximately $13,512,197.25. The trade was a 8.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 82,965 shares of company stock valued at $5,559,996. Company insiders own 0.01% of the company’s stock.

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.