Aspiriant LLC Sells 393 Shares of Cisco Systems, Inc. $CSCO

Aspiriant LLC reduced its position in shares of Cisco Systems, Inc. (NASDAQ:CSCOFree Report) by 2.1% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 18,238 shares of the network equipment provider’s stock after selling 393 shares during the quarter. Aspiriant LLC’s holdings in Cisco Systems were worth $1,265,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of CSCO. Brighton Jones LLC increased its stake in shares of Cisco Systems by 49.5% in the 4th quarter. Brighton Jones LLC now owns 74,187 shares of the network equipment provider’s stock valued at $4,392,000 after acquiring an additional 24,562 shares during the last quarter. Revolve Wealth Partners LLC increased its stake in shares of Cisco Systems by 37.0% in the 4th quarter. Revolve Wealth Partners LLC now owns 9,156 shares of the network equipment provider’s stock valued at $542,000 after acquiring an additional 2,474 shares during the last quarter. GAMMA Investing LLC increased its stake in shares of Cisco Systems by 16.6% in the 1st quarter. GAMMA Investing LLC now owns 108,871 shares of the network equipment provider’s stock valued at $6,718,000 after acquiring an additional 15,514 shares during the last quarter. Global X Japan Co. Ltd. bought a new stake in shares of Cisco Systems in the 1st quarter valued at about $52,000. Finally, ORG Wealth Partners LLC increased its stake in shares of Cisco Systems by 18.4% in the 1st quarter. ORG Wealth Partners LLC now owns 1,287 shares of the network equipment provider’s stock valued at $80,000 after acquiring an additional 200 shares during the last quarter. 73.33% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

CSCO has been the subject of a number of recent analyst reports. Piper Sandler upped their price target on Cisco Systems from $64.00 to $70.00 and gave the company a “neutral” rating in a research note on Thursday, August 14th. Hsbc Global Res cut Cisco Systems from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 15th. Wall Street Zen lowered Cisco Systems from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 12th. CICC Research began coverage on Cisco Systems in a research report on Monday, July 14th. They issued an “outperform” rating and a $78.00 price objective for the company. Finally, Morgan Stanley boosted their price objective on Cisco Systems from $73.00 to $77.00 and gave the company an “overweight” rating in a research report on Friday, October 10th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given 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 target price of $74.72.

Check Out Our Latest Report on CSCO

Cisco Systems Price Performance

Shares of CSCO opened at $70.13 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 debt-to-equity ratio of 0.49, a quick ratio of 0.91 and a current ratio of 1.00. The stock has a 50 day simple moving average of $68.20 and a 200 day simple moving average of $65.11. The firm has a market capitalization of $277.24 billion, a PE ratio of 26.77, a P/E/G ratio of 2.91 and a beta of 0.97.

Cisco Systems (NASDAQ:CSCOGet Free Report) last released its quarterly earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share for the quarter, topping analysts’ consensus estimates of $0.98 by $0.01. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The firm had revenue of $14.67 billion during the quarter, compared to the consensus estimate of $14.63 billion. During the same quarter in the prior year, the firm posted $0.87 EPS. The business’s 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. Sell-side analysts predict that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.

Cisco Systems Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 22nd. Shareholders of record on Friday, October 3rd will be given a dividend of $0.41 per share. The ex-dividend date of this dividend is Friday, October 3rd. This represents a $1.64 dividend on an annualized basis and a yield of 2.3%. Cisco Systems’s dividend payout ratio is 62.60%.

Insider Activity

In other Cisco Systems news, CEO Charles Robbins sold 30,557 shares of the company’s stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $66.63, for a total transaction of $2,036,012.91. Following the completion of the transaction, the chief executive officer owned 639,000 shares of the company’s stock, valued at $42,576,570. This represents a 4.56% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Thimaya K. Subaiya sold 7,511 shares of the company’s stock in a transaction that occurred on Wednesday, August 20th. The stock was sold at an average price of $66.84, for a total value of $502,035.24. Following the transaction, the executive vice president directly owned 161,467 shares of the company’s stock, valued at approximately $10,792,454.28. This trade represents a 4.44% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 82,965 shares of company stock worth $5,559,996. 0.01% of the stock is currently owned by insiders.

About Cisco Systems

(Free Report)

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.

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Institutional Ownership by Quarter for Cisco Systems (NASDAQ:CSCO)

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