Cisco Systems, Inc. $CSCO is Cascade Investment Advisors Inc.’s 10th Largest Position

Cascade Investment Advisors Inc. reduced its position in Cisco Systems, Inc. (NASDAQ:CSCO) by 4.7% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 37,798 shares of the network equipment provider’s stock after selling 1,850 shares during the quarter. Cisco Systems accounts for about 1.7% of Cascade Investment Advisors Inc.’s holdings, making the stock its 10th largest holding. Cascade Investment Advisors Inc.’s holdings in Cisco Systems were worth $2,622,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of CSCO. Kingstone Capital Partners Texas LLC bought a new stake in shares of Cisco Systems in the 2nd quarter valued at about $904,542,000. Goldman Sachs Group Inc. lifted its stake in shares of Cisco Systems by 37.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 46,973,293 shares of the network equipment provider’s stock valued at $2,898,722,000 after acquiring an additional 12,775,066 shares during the last quarter. Nuveen LLC bought a new stake in shares of Cisco Systems in the 1st quarter valued at about $750,495,000. Pacer Advisors Inc. lifted its stake in shares of Cisco Systems by 1,144.2% in the 1st quarter. Pacer Advisors Inc. now owns 8,120,886 shares of the network equipment provider’s stock valued at $501,140,000 after acquiring an additional 7,468,212 shares during the last quarter. Finally, Acadian Asset Management LLC lifted its stake in shares of Cisco Systems by 255.9% in the 1st quarter. Acadian Asset Management LLC now owns 7,819,547 shares of the network equipment provider’s stock valued at $482,509,000 after acquiring an additional 5,622,672 shares during the last quarter. Institutional investors own 73.33% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have commented on the company. Morgan Stanley upped their price target on Cisco Systems from $73.00 to $77.00 and gave the company an “overweight” rating in a research report on Friday. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Cisco Systems in a research report on Wednesday, October 8th. Wall Street Zen lowered Cisco Systems from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 12th. Wells Fargo & Company upped their price target on Cisco Systems from $75.00 to $83.00 and gave the company an “overweight” rating in a research report on Thursday, August 14th. Finally, Wolfe Research assumed coverage on Cisco Systems in a research report on Tuesday, July 8th. They set a “peer perform” rating for the company. One investment 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 stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $74.89.

Cisco Systems Stock Down 2.9%

Shares of NASDAQ:CSCO opened at $67.94 on Monday. Cisco Systems, Inc. has a 52-week low of $52.11 and a 52-week high of $72.55. The firm has a market capitalization of $268.58 billion, a P/E ratio of 25.93, a P/E/G ratio of 2.86 and a beta of 0.97. The stock has a 50 day moving average price of $68.24 and a 200-day moving average price of $64.90. 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 (NASDAQ:CSCO) last posted its quarterly earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share for the quarter, topping the consensus estimate of $0.98 by $0.01. The company had revenue of $14.67 billion for the quarter, compared to the consensus estimate of $14.63 billion. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The firm’s quarterly revenue was up 7.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $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. As a group, equities research analysts anticipate 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. Investors of record on Friday, October 3rd will be paid a $0.41 dividend. The ex-dividend date is Friday, October 3rd. This represents a $1.64 annualized dividend and a dividend yield of 2.4%. Cisco Systems’s dividend payout ratio is presently 62.60%.

Insider Buying and Selling

In other Cisco Systems news, SVP Maria Victoria Wong sold 428 shares of the stock in a transaction on Thursday, September 11th. The stock was sold at an average price of $68.25, for a total transaction 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 sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Thimaya K. Subaiya sold 1,744 shares of the stock in a transaction on Friday, September 12th. The shares were sold at an average price of $66.78, for a total value of $116,464.32. Following the transaction, the executive vice president directly owned 158,009 shares in the company, valued at $10,551,841.02. The trade was a 1.09% decrease in their ownership of the stock. 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 three months. Corporate insiders own 0.01% of the company’s stock.

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.