Impact Partnership Wealth LLC Cuts Holdings in Cisco Systems, Inc. $CSCO

Impact Partnership Wealth LLC decreased its stake in Cisco Systems, Inc. (NASDAQ:CSCO) by 78.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,510 shares of the network equipment provider’s stock after selling 12,736 shares during the quarter. Impact Partnership Wealth LLC’s holdings in Cisco Systems were worth $244,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of CSCO. Brighton Jones LLC grew its position in shares of Cisco Systems by 49.5% in the fourth quarter. Brighton Jones LLC now owns 74,187 shares of the network equipment provider’s stock valued at $4,392,000 after purchasing an additional 24,562 shares during the period. Revolve Wealth Partners LLC grew its position in shares of Cisco Systems by 37.0% in the fourth quarter. Revolve Wealth Partners LLC now owns 9,156 shares of the network equipment provider’s stock valued at $542,000 after purchasing an additional 2,474 shares during the period. Golden State Wealth Management LLC grew its position in shares of Cisco Systems by 10.8% in the first quarter. Golden State Wealth Management LLC now owns 6,298 shares of the network equipment provider’s stock valued at $389,000 after purchasing an additional 612 shares during the period. Novem Group grew its position in shares of Cisco Systems by 16.5% in the first quarter. Novem Group now owns 12,782 shares of the network equipment provider’s stock valued at $789,000 after purchasing an additional 1,814 shares during the period. Finally, Onyx Bridge Wealth Group LLC boosted its position in Cisco Systems by 12.9% during the first quarter. Onyx Bridge Wealth Group LLC now owns 9,539 shares of the network equipment provider’s stock worth $589,000 after acquiring an additional 1,092 shares during the last quarter. Institutional investors and hedge funds own 73.33% of the company’s stock.

Analysts Set New Price Targets

CSCO has been the topic of a number of recent research reports. Wall Street Zen lowered shares of Cisco Systems from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 12th. Wolfe Research initiated coverage on shares of Cisco Systems in a research report on Tuesday, July 8th. They set a “peer perform” rating on the stock. CICC Research initiated coverage on shares of Cisco Systems in a research report on Monday, July 14th. They set an “outperform” rating and a $78.00 price target on the stock. Bank of America boosted their price target on shares of Cisco Systems from $76.00 to $85.00 and gave the stock a “buy” rating in a research report on Thursday, August 14th. Finally, HSBC restated a “hold” rating and set a $69.00 price target on shares of Cisco Systems in a research report on Friday, August 15th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and ten have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $74.72.

Insiders Place Their Bets

In other news, EVP Oliver Tuszik sold 17,526 shares of the business’s stock in a transaction that occurred on Friday, September 19th. The shares were sold at an average price of $67.95, for a total value of $1,190,891.70. Following the sale, the executive vice president directly owned 198,855 shares of the company’s stock, valued at approximately $13,512,197.25. The trade was a 8.10% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Deborah L. Stahlkopf sold 2,718 shares of the business’s stock in a transaction that occurred on Thursday, September 11th. The shares were sold at an average price of $68.08, for a total transaction of $185,041.44. Following the completion of the sale, the executive vice president directly owned 157,184 shares in the company, valued at $10,701,086.72. This trade represents a 1.70% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 82,965 shares of company stock worth $5,559,996. Insiders own 0.01% of the company’s stock.

Cisco Systems Price Performance

Shares of CSCO stock opened at $73.11 on Friday. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.00 and a quick ratio of 0.91. The firm’s 50-day moving average is $68.82 and its two-hundred day moving average is $66.21. Cisco Systems, Inc. has a 12 month low of $52.11 and a 12 month high of $73.48. The company has a market capitalization of $288.11 billion, a PE ratio of 27.90, a price-to-earnings-growth ratio of 3.00 and a beta of 0.97.

Cisco Systems (NASDAQ:CSCO) last issued its 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. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. The company had revenue of $14.67 billion for the quarter, compared to the consensus estimate of $14.63 billion. During the same period in the previous year, the firm earned $0.87 earnings per share. Cisco Systems’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. Analysts predict that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.

Cisco Systems Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 22nd. Stockholders of record on Friday, October 3rd were paid a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend was Friday, October 3rd. Cisco Systems’s payout ratio is 62.60%.

Cisco Systems 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.