PFG Advisors Boosts Stake in Cisco Systems, Inc. $CSCO

PFG Advisors raised its position in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 30.9% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 33,215 shares of the network equipment provider’s stock after purchasing an additional 7,848 shares during the quarter. PFG Advisors’ holdings in Cisco Systems were worth $2,304,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the company. Legacy Investment Solutions LLC purchased a new position in Cisco Systems in the second quarter worth about $28,000. Financial Connections Group Inc. boosted its stake in shares of Cisco Systems by 89.4% during the 2nd quarter. Financial Connections Group Inc. now owns 409 shares of the network equipment provider’s stock worth $28,000 after purchasing an additional 193 shares during the period. Brown Shipley& Co Ltd bought a new position in Cisco Systems during the 2nd quarter valued at about $32,000. Pandora Wealth Inc. purchased a new stake in Cisco Systems in the 1st quarter worth about $31,000. Finally, Nova Wealth Management Inc. bought a new stake in Cisco Systems in the first quarter worth about $31,000. 73.33% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Cisco Systems news, SVP Maria Victoria Wong sold 428 shares of Cisco Systems stock in a transaction on Thursday, September 11th. The shares were sold at an average price of $68.25, for a total value of $29,211.00. Following the transaction, the senior vice president directly owned 30,619 shares of the company’s stock, valued at approximately $2,089,746.75. The trade was a 1.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Charles Robbins sold 30,557 shares of the firm’s stock in a transaction on Friday, August 15th. The stock was sold at an average price of $66.63, for a total value of $2,036,012.91. Following the completion of the sale, the chief executive officer directly owned 639,000 shares of the company’s stock, valued at $42,576,570. The trade was a 4.56% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 82,965 shares of company stock valued at $5,559,996 over the last quarter. Insiders own 0.01% of the company’s stock.

Cisco Systems Price Performance

Shares of CSCO stock opened at $71.07 on Monday. Cisco Systems, Inc. has a twelve month low of $52.11 and a twelve month high of $74.84. The company has a current ratio of 1.00, a quick ratio of 0.91 and a debt-to-equity ratio of 0.49. The stock has a fifty day simple moving average of $69.19 and a two-hundred day simple moving average of $66.94. The stock has a market capitalization of $280.07 billion, a price-to-earnings ratio of 27.13, a P/E/G ratio of 3.00 and a beta of 0.95.

Cisco Systems (NASDAQ:CSCO) last issued its earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share (EPS) for the quarter, topping 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 company had revenue of $14.67 billion for the quarter, compared to analysts’ expectations of $14.63 billion. During the same period in the prior year, the business earned $0.87 EPS. The firm’s quarterly revenue was up 7.6% on a year-over-year basis. 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, analysts predict that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.

Cisco Systems Dividend Announcement

The company 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. 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 dividend payout ratio (DPR) is currently 62.60%.

Analyst Ratings Changes

A number of research firms have recently commented on CSCO. CICC Research began coverage on Cisco Systems in a research note on Monday, July 14th. They set an “outperform” rating and a $78.00 target price on the stock. William Blair upgraded Cisco Systems to a “hold” rating in a report on Thursday, August 14th. Piper Sandler increased their target price on Cisco Systems from $64.00 to $70.00 and gave the stock a “neutral” rating in a research note on Thursday, August 14th. Hsbc Global Res downgraded Cisco Systems from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 15th. Finally, Morgan Stanley upped their price target on shares of Cisco Systems from $73.00 to $77.00 and gave the stock an “overweight” rating in a report on Friday, October 10th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $75.50.

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.