Soltis Investment Advisors LLC Boosts Position in Cisco Systems, Inc. $CSCO

Soltis Investment Advisors LLC lifted its stake in Cisco Systems, Inc. (NASDAQ:CSCO) by 19.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,523 shares of the network equipment provider’s stock after buying an additional 2,206 shares during the period. Soltis Investment Advisors LLC’s holdings in Cisco Systems were worth $938,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of CSCO. Drive Wealth Management LLC raised its holdings in Cisco Systems by 2.7% during the second quarter. Drive Wealth Management LLC now owns 16,605 shares of the network equipment provider’s stock worth $1,152,000 after purchasing an additional 436 shares during the last quarter. Kornitzer Capital Management Inc. KS lifted its stake in shares of Cisco Systems by 0.7% during the 1st quarter. Kornitzer Capital Management Inc. KS now owns 892,064 shares of the network equipment provider’s stock worth $55,049,000 after purchasing an additional 6,501 shares during the period. Shell Asset Management Co. boosted its position in shares of Cisco Systems by 53.3% in the second quarter. Shell Asset Management Co. now owns 77,234 shares of the network equipment provider’s stock worth $5,358,000 after acquiring an additional 26,840 shares during the last quarter. Guinness Asset Management LTD increased its holdings in shares of Cisco Systems by 15.9% during the 2nd quarter. Guinness Asset Management LTD now owns 4,389,728 shares of the network equipment provider’s stock worth $304,451,000 after buying an additional 603,131 shares during the last quarter. Finally, Acadian Asset Management LLC grew its stake in Cisco Systems by 255.9% during the first quarter. Acadian Asset Management LLC now owns 7,819,547 shares of the network equipment provider’s stock worth $482,509,000 after buying an additional 5,622,672 shares during the period. 73.33% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

CSCO has been the subject of a number of analyst reports. Piper Sandler upped their price target on Cisco Systems from $64.00 to $70.00 and gave the stock a “neutral” rating in a report on Thursday, August 14th. Rosenblatt Securities reiterated a “buy” rating and issued a $87.00 price target on shares of Cisco Systems in a report on Thursday, August 14th. CICC Research assumed coverage on shares of Cisco Systems in a report on Monday, July 14th. They issued an “outperform” rating and a $78.00 price objective for the company. Morgan Stanley increased their price objective on shares of Cisco Systems from $73.00 to $77.00 and gave the stock an “overweight” rating in a research note on Friday, October 10th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Cisco Systems in a report on Thursday, October 30th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $75.50.

Cisco Systems Stock Performance

CSCO stock opened at $71.04 on Friday. The company has a 50-day simple moving average of $69.15 and a 200 day simple moving average of $66.66. The company has a market capitalization of $279.95 billion, a P/E ratio of 27.11, a PEG ratio of 3.00 and a beta of 0.95. 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 fifty-two week low of $52.11 and a fifty-two week high of $74.84.

Cisco Systems (NASDAQ:CSCO) last released 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 the consensus estimate 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% on a year-over-year basis. During the same period in the previous year, the firm earned $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. Sell-side analysts predict that Cisco Systems, Inc. will post 3.04 earnings per share for the current fiscal year.

Cisco Systems Announces Dividend

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

Insider Buying and Selling

In other news, CEO Charles Robbins sold 30,557 shares of the firm’s stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $66.63, for a total transaction of $2,036,012.91. Following the completion of the transaction, the chief executive officer owned 639,000 shares in the company, valued at approximately $42,576,570. This trade represents a 4.56% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, SVP Maria Victoria Wong sold 428 shares of the business’s stock in a transaction that occurred on Thursday, September 11th. The stock was sold at an average price of $68.25, for a total transaction of $29,211.00. Following the completion of the sale, the senior vice president owned 30,619 shares in the company, valued at $2,089,746.75. The trade was a 1.38% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety 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 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.