Cisco Systems, Inc. $CSCO Shares Acquired by Profund Advisors LLC

Profund Advisors LLC increased its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 3.8% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 432,429 shares of the network equipment provider’s stock after purchasing an additional 15,959 shares during the period. Cisco Systems accounts for about 1.1% of Profund Advisors LLC’s holdings, making the stock its 13th biggest holding. Profund Advisors LLC’s holdings in Cisco Systems were worth $30,002,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Legacy Investment Solutions LLC acquired a new stake in Cisco Systems during the second quarter worth about $28,000. Financial Connections Group Inc. increased its position 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 worth $28,000 after acquiring an additional 193 shares in the last quarter. Brown Shipley& Co Ltd purchased a new position in Cisco Systems during the 2nd quarter valued at about $32,000. Pandora Wealth Inc. purchased a new position in shares of Cisco Systems during the 1st quarter valued at $31,000. Finally, Nova Wealth Management Inc. bought a new stake in Cisco Systems in the first quarter worth approximately $31,000. Institutional investors and hedge funds own 73.33% of the company’s stock.

Cisco Systems Price Performance

CSCO stock opened at $71.07 on Friday. Cisco Systems, Inc. has a 52-week low of $52.11 and a 52-week high of $74.84. The business has a 50-day simple moving average of $69.19 and a two-hundred day simple moving average of $66.86. The company has a market capitalization of $280.07 billion, a P/E ratio of 27.13, a price-to-earnings-growth ratio of 3.00 and a beta of 0.95. 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 (NASDAQ:CSCO) last posted its quarterly earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share (EPS) for the quarter, beating the consensus estimate 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%. The company’s quarterly revenue was up 7.6% compared to the same quarter last year. During the same quarter in the previous year, the firm 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. Research analysts expect that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.

Cisco Systems Announces Dividend

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

Analyst Ratings Changes

CSCO has been the topic of a number of research reports. Hsbc Global Res lowered shares of Cisco Systems from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 15th. Weiss Ratings reiterated a “buy (b)” rating on shares of Cisco Systems in a report on Thursday, October 30th. HSBC reaffirmed a “hold” rating and issued a $69.00 target price on shares of Cisco Systems in a research note on Friday, August 15th. Barclays lifted their price target on Cisco Systems from $66.00 to $71.00 and gave the company an “equal weight” rating in a research note on Thursday, August 14th. Finally, Morgan Stanley boosted their price target on Cisco Systems from $73.00 to $77.00 and gave the stock an “overweight” rating in a research report on Friday, October 10th. One 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. According to MarketBeat, Cisco Systems presently has an average rating of “Moderate Buy” and an average target price of $75.50.

Insider Activity at Cisco Systems

In related news, CEO Charles Robbins sold 30,557 shares of the business’s stock in a transaction on Friday, August 15th. The shares were sold at an average price of $66.63, for a total value of $2,036,012.91. Following the sale, the chief executive officer owned 639,000 shares in the company, valued at approximately $42,576,570. The trade was a 4.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Maria Victoria Wong sold 428 shares of the stock in a transaction that occurred on Thursday, September 11th. The stock was 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 directly owned 30,619 shares in the company, valued at approximately $2,089,746.75. This trade represents a 1.38% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 82,965 shares of company stock valued at $5,559,996 over the last ninety days. Corporate insiders own 0.01% of the company’s stock.

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.