Nisa Investment Advisors LLC Has $89 Million Stock Position in Cisco Systems, Inc. $CSCO

Nisa Investment Advisors LLC cut its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 36.5% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,282,742 shares of the network equipment provider’s stock after selling 737,663 shares during the period. Nisa Investment Advisors LLC’s holdings in Cisco Systems were worth $88,997,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Financial Connections Group Inc. boosted its stake in Cisco Systems by 89.4% in the second quarter. Financial Connections Group Inc. now owns 409 shares of the network equipment provider’s stock valued at $28,000 after acquiring an additional 193 shares during the last quarter. Pandora Wealth Inc. acquired a new position in shares of Cisco Systems in the 1st quarter valued at $31,000. Nova Wealth Management Inc. bought a new position in shares of Cisco Systems in the 1st quarter worth $31,000. Brown Shipley& Co Ltd acquired a new stake in shares of Cisco Systems during the second quarter worth $32,000. Finally, Fairway Wealth LLC grew its stake in shares of 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 purchasing an additional 400 shares during the period. Institutional investors and hedge funds own 73.33% of the company’s stock.

Insiders Place Their Bets

In other news, CEO Charles Robbins sold 30,557 shares of Cisco Systems stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $66.63, for a total value of $2,036,012.91. Following the sale, the chief executive officer directly owned 639,000 shares in the company, valued at $42,576,570. This trade represents a 4.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Deborah L. Stahlkopf sold 2,718 shares of the stock in a transaction on Thursday, September 11th. The stock was sold at an average price of $68.08, for a total transaction of $185,041.44. Following the transaction, the executive vice president owned 157,184 shares of the company’s stock, valued at $10,701,086.72. The trade was a 1.70% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 82,965 shares of company stock worth $5,559,996 in the last 90 days. Company insiders own 0.01% of the company’s stock.

Cisco Systems Stock Up 0.5%

Cisco Systems stock opened at $70.63 on Friday. The company has a 50 day moving average of $68.30 and a 200-day moving average of $65.70. 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 stock has a market capitalization of $279.21 billion, a PE ratio of 26.96, a price-to-earnings-growth ratio of 2.97 and a beta of 0.97.

Cisco Systems (NASDAQ:CSCO) last posted 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 business had revenue of $14.67 billion for the quarter, compared to analysts’ expectations of $14.63 billion. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. The firm’s revenue was up 7.6% compared to the same quarter last year. During the same period in the previous year, the firm 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. On average, equities research analysts anticipate that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.

Cisco Systems Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 22nd. Investors of record on Friday, October 3rd were issued a dividend of $0.41 per share. The ex-dividend date was Friday, October 3rd. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.3%. Cisco Systems’s dividend payout ratio (DPR) is presently 62.60%.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. JPMorgan Chase & Co. raised their target price on Cisco Systems from $73.00 to $78.00 and gave the stock an “overweight” rating in a report on Thursday, July 17th. Weiss Ratings reissued a “buy (b-)” rating on shares of Cisco Systems in a research note on Wednesday, October 8th. Wells Fargo & Company boosted their price objective on shares of Cisco Systems from $75.00 to $83.00 and gave the company an “overweight” rating in a report on Thursday, August 14th. Piper Sandler increased their target price 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. Finally, Barclays lifted their price target on shares of Cisco Systems from $66.00 to $71.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 14th. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $74.72.

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.