L.M. Kohn & Company Sells 795 Shares of Cisco Systems, Inc. $CSCO

L.M. Kohn & Company cut its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 5.8% during the 2nd quarter, Holdings Channel reports. The firm owned 12,983 shares of the network equipment provider’s stock after selling 795 shares during the period. L.M. Kohn & Company’s holdings in Cisco Systems were worth $901,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Financial Connections Group Inc. increased 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. bought a new position in Cisco Systems in the first quarter valued at approximately $31,000. Nova Wealth Management Inc. bought a new position in Cisco Systems in the first quarter valued at approximately $31,000. Brown Shipley& Co Ltd bought a new position in Cisco Systems in the second quarter valued at approximately $32,000. Finally, Fairway Wealth LLC increased its stake in Cisco Systems by 224.7% in the first quarter. Fairway Wealth LLC now owns 578 shares of the network equipment provider’s stock valued at $36,000 after acquiring an additional 400 shares during the last quarter. 73.33% of the stock is owned by institutional investors.

Analysts Set New Price Targets

CSCO has been the topic of a number of recent analyst reports. Weiss Ratings reissued a “buy (b-)” rating on shares of Cisco Systems in a research note on Wednesday, October 8th. Morgan Stanley raised their target price on shares of Cisco Systems from $73.00 to $77.00 and gave the company an “overweight” rating in a research report on Friday, October 10th. CICC Research started coverage on shares of Cisco Systems in a research report on Monday, July 14th. They issued an “outperform” rating and a $78.00 target price on the stock. Rosenblatt Securities restated a “buy” rating and issued a $87.00 target price on shares of Cisco Systems in a research report on Thursday, August 14th. Finally, UBS Group raised their target price on shares of Cisco Systems from $70.00 to $74.00 and gave the company a “neutral” rating in a research report on Tuesday, August 5th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and ten have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $74.72.

Cisco Systems Price Performance

Shares of NASDAQ:CSCO opened at $72.62 on Wednesday. The firm has a market cap of $287.08 billion, a PE ratio of 27.72, a price-to-earnings-growth ratio of 3.00 and a beta of 0.97. The firm’s fifty day moving average is $68.51 and its 200-day moving average is $65.95. 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, Inc. has a 52 week low of $52.11 and a 52 week high of $72.68.

Cisco Systems (NASDAQ:CSCO) last issued its quarterly earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 EPS for the quarter, topping analysts’ consensus estimates of $0.98 by $0.01. The company had revenue of $14.67 billion for the quarter, compared to analyst estimates of $14.63 billion. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. Cisco Systems’s revenue was up 7.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $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. Sell-side analysts predict that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.

Cisco Systems Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 22nd. Stockholders of record on Friday, October 3rd were issued a dividend of $0.41 per share. 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 payout ratio is 62.60%.

Insider Activity at Cisco Systems

In other news, EVP Thimaya K. Subaiya sold 7,511 shares of Cisco Systems stock in a transaction on Wednesday, August 20th. The shares were sold at an average price of $66.84, for a total transaction of $502,035.24. Following the transaction, the executive vice president owned 161,467 shares in the company, valued at approximately $10,792,454.28. The trade was a 4.44% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Deborah L. Stahlkopf sold 9,783 shares of Cisco Systems stock in a transaction on Friday, August 15th. The stock was sold at an average price of $66.60, for a total transaction of $651,547.80. Following the transaction, the executive vice president owned 161,662 shares in the company, valued at approximately $10,766,689.20. This trade represents a 5.71% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 82,965 shares of company stock valued at $5,559,996 in the last quarter. Insiders own 0.01% of the company’s stock.

Cisco Systems Company 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.