Lockheed Martin Investment Management Co. Decreases Stock Position in Cisco Systems, Inc. $CSCO

Lockheed Martin Investment Management Co. lessened its stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 4.3% during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 131,480 shares of the network equipment provider’s stock after selling 5,840 shares during the period. Lockheed Martin Investment Management Co.’s holdings in Cisco Systems were worth $9,122,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of CSCO. AMG National Trust Bank boosted its stake in shares of Cisco Systems by 2.1% during the 2nd quarter. AMG National Trust Bank now owns 51,012 shares of the network equipment provider’s stock worth $3,539,000 after purchasing an additional 1,039 shares during the period. Earned Wealth Advisors LLC boosted its stake in shares of Cisco Systems by 10.7% during the 2nd quarter. Earned Wealth Advisors LLC now owns 7,122 shares of the network equipment provider’s stock worth $494,000 after purchasing an additional 690 shares during the period. IFG Advisory LLC boosted its stake in shares of Cisco Systems by 1.8% during the 2nd quarter. IFG Advisory LLC now owns 84,396 shares of the network equipment provider’s stock worth $5,855,000 after purchasing an additional 1,515 shares during the period. Terril Brothers Inc. purchased a new position in shares of Cisco Systems during the 2nd quarter worth about $219,000. Finally, Amplius Wealth Advisors LLC boosted its stake in shares of Cisco Systems by 4.2% during the 2nd quarter. Amplius Wealth Advisors LLC now owns 7,817 shares of the network equipment provider’s stock worth $542,000 after purchasing an additional 317 shares during the period. Hedge funds and other institutional investors own 73.33% of the company’s stock.

Insiders Place Their Bets

In other Cisco Systems news, EVP Oliver Tuszik sold 17,526 shares of Cisco Systems stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $67.95, for a total value of $1,190,891.70. Following the transaction, the executive vice president owned 198,855 shares in the company, valued at $13,512,197.25. The trade was a 8.10% 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, SVP Maria Victoria Wong sold 428 shares of Cisco Systems stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $68.25, for a total value of $29,211.00. Following the completion of the transaction, the senior vice president owned 30,619 shares in the company, valued at $2,089,746.75. This trade represents a 1.38% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 82,965 shares of company stock worth $5,559,996. 0.01% of the stock is owned by corporate insiders.

Cisco Systems Stock Performance

Shares of Cisco Systems stock opened at $72.91 on Friday. The firm has a market cap of $287.32 billion, a P/E ratio of 27.83, a P/E/G ratio of 3.00 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, Inc. has a 12 month low of $52.11 and a 12 month high of $73.11. The stock’s fifty day moving average price is $68.71 and its 200-day moving average price is $66.10.

Cisco Systems (NASDAQ:CSCO) last posted its quarterly earnings results 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. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. The business had revenue of $14.67 billion during the quarter, compared to analyst estimates of $14.63 billion. During the same quarter in the previous year, the business posted $0.87 EPS. The company’s quarterly revenue was up 7.6% compared to the same quarter last year. 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 expect that Cisco Systems, Inc. will post 3.04 earnings per share for the current fiscal year.

Cisco Systems Announces Dividend

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 $0.41 dividend. The ex-dividend date was Friday, October 3rd. This represents a $1.64 annualized dividend and a dividend yield of 2.2%. Cisco Systems’s payout ratio is currently 62.60%.

Analyst Ratings Changes

A number of research firms recently commented on CSCO. Wall Street Zen cut shares of Cisco Systems from a “strong-buy” rating to a “buy” rating in a research note on Saturday, July 12th. Wolfe Research began coverage on Cisco Systems in a research report on Tuesday, July 8th. They set a “peer perform” rating for the company. Morgan Stanley lifted their target price on Cisco Systems from $73.00 to $77.00 and gave the stock an “overweight” rating in a research report on Friday, October 10th. Barclays lifted their target price on Cisco Systems from $66.00 to $71.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 14th. Finally, Evercore ISI lifted their target price on Cisco Systems from $72.00 to $74.00 and gave the stock an “in-line” rating in a research report on Thursday, August 14th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $74.72.

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.