Schneider Downs Wealth Management Advisors LP Decreases Position in Cisco Systems, Inc. $CSCO

Schneider Downs Wealth Management Advisors LP lowered its position in Cisco Systems, Inc. (NASDAQ:CSCO) by 5.5% in the second quarter, Holdings Channel.com reports. The institutional investor owned 5,374 shares of the network equipment provider’s stock after selling 311 shares during the period. Schneider Downs Wealth Management Advisors LP’s holdings in Cisco Systems were worth $373,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CSCO. Financial Connections Group Inc. increased its holdings in shares of 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 purchasing an additional 193 shares during the period. Brown Shipley& Co Ltd acquired a new position in Cisco Systems during the second quarter worth $32,000. Pandora Wealth Inc. purchased a new stake in Cisco Systems during the first quarter worth $31,000. Nova Wealth Management Inc. purchased a new stake in Cisco Systems during the first quarter worth $31,000. Finally, Fairway Wealth LLC boosted its position 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 purchasing an additional 400 shares in the last quarter. Hedge funds and other institutional investors own 73.33% of the company’s stock.

Cisco Systems Stock Performance

NASDAQ CSCO opened at $70.63 on Friday. The business’s 50-day moving average price is $68.30 and its 200 day moving average price is $65.70. Cisco Systems, Inc. has a twelve month low of $52.11 and a twelve month high of $72.55. The company 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. The company has a current ratio of 1.00, a quick ratio of 0.91 and a debt-to-equity ratio of 0.49.

Cisco Systems (NASDAQ:CSCO) last released its 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 firm 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 revenue for the quarter was up 7.6% compared to the same quarter last year. During the same period in the prior year, the business posted $0.87 earnings per share. 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, 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 disclosed a quarterly dividend, which was paid on Wednesday, October 22nd. Stockholders of record on Friday, October 3rd were issued a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date was Friday, October 3rd. Cisco Systems’s dividend payout ratio (DPR) is 62.60%.

Insider Buying and Selling

In other news, EVP Thimaya K. Subaiya sold 7,511 shares of the firm’s stock in a transaction dated 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 in the company, valued at $10,792,454.28. This trade represents a 4.44% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Jeetendra I. Patel sold 9,061 shares of the firm’s stock in a transaction dated Friday, August 15th. The stock was sold at an average price of $66.60, for a total value of $603,462.60. Following the completion of the transaction, the insider owned 237,405 shares in the company, valued at approximately $15,811,173. This trade represents a 3.68% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 82,965 shares of company stock worth $5,559,996. Corporate insiders own 0.01% of the company’s stock.

Analyst Upgrades and Downgrades

CSCO has been the topic of several recent research reports. Wolfe Research initiated coverage on Cisco Systems in a research report on Tuesday, July 8th. They issued a “peer perform” rating on the stock. William Blair upgraded Cisco Systems to a “hold” rating in a research report on Thursday, August 14th. Evercore ISI upped their price objective on Cisco Systems from $72.00 to $74.00 and gave the company an “in-line” rating in a research report on Thursday, August 14th. Bank of America upped their price objective on Cisco Systems from $76.00 to $85.00 and gave the company a “buy” rating in a research report on Thursday, August 14th. Finally, Wells Fargo & Company increased their target price on Cisco Systems from $75.00 to $83.00 and gave the stock an “overweight” rating in a research report on Thursday, August 14th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price 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.