Thompson Davis & CO. Inc. Boosts Stock Position in Cisco Systems, Inc. $CSCO

Thompson Davis & CO. Inc. raised its stake in Cisco Systems, Inc. (NASDAQ:CSCO) by 82.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 8,089 shares of the network equipment provider’s stock after purchasing an additional 3,655 shares during the quarter. Thompson Davis & CO. Inc.’s holdings in Cisco Systems were worth $561,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Drive Wealth Management LLC lifted its holdings in Cisco Systems by 2.7% in the second quarter. Drive Wealth Management LLC now owns 16,605 shares of the network equipment provider’s stock valued at $1,152,000 after acquiring an additional 436 shares during the period. Shell Asset Management Co. boosted its holdings in Cisco Systems by 53.3% during the second quarter. Shell Asset Management Co. now owns 77,234 shares of the network equipment provider’s stock worth $5,358,000 after buying an additional 26,840 shares in the last quarter. Guinness Asset Management LTD lifted its position 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 valued at $304,451,000 after acquiring an additional 603,131 shares during the period. Geode Capital Management LLC grew its holdings in shares of Cisco Systems by 1.2% in the 2nd quarter. Geode Capital Management LLC now owns 99,252,395 shares of the network equipment provider’s stock worth $6,864,058,000 after acquiring an additional 1,157,704 shares during the period. Finally, Acadian Asset Management LLC raised its holdings 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 purchasing an additional 5,622,672 shares during the last quarter. Hedge funds and other institutional investors own 73.33% of the company’s stock.

Insider Activity

In other news, EVP Deborah L. Stahlkopf sold 2,718 shares of Cisco Systems 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 sale, the executive vice president owned 157,184 shares of the company’s stock, valued at approximately $10,701,086.72. The trade was a 1.70% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Oliver Tuszik sold 17,526 shares of the company’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 completion of the transaction, the executive vice president owned 198,855 shares in the company, valued at $13,512,197.25. This represents a 8.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 82,965 shares of company stock valued at $5,559,996 in the last quarter. Insiders own 0.01% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on CSCO. Hsbc Global Res cut Cisco Systems from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 15th. Erste Group Bank raised shares of Cisco Systems from a “hold” rating to a “buy” rating in a report on Monday. UBS Group upgraded Cisco Systems from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $74.00 to $88.00 in a research report on Monday, November 3rd. Barclays upped their target price 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, HSBC reissued a “hold” rating and issued a $69.00 price target on shares of Cisco Systems in a report on Friday, August 15th. Sixteen research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $79.74.

Cisco Systems Trading Up 4.5%

CSCO opened at $77.28 on Thursday. The firm has a market capitalization of $304.54 billion, a price-to-earnings ratio of 29.75, a price-to-earnings-growth ratio of 3.00 and a beta of 0.95. The company’s 50 day simple moving average is $69.46 and its two-hundred day simple moving average is $67.20. Cisco Systems, Inc. has a 1-year low of $52.11 and a 1-year high of $78.37. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.00 and a quick ratio of 0.91.

Cisco Systems (NASDAQ:CSCO) last announced its quarterly earnings data on Wednesday, November 12th. The network equipment provider reported $1.00 EPS for the quarter, topping analysts’ consensus estimates of $0.98 by $0.02. The firm had revenue of $14.88 billion for the quarter, compared to the consensus estimate of $14.77 billion. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The firm’s revenue was up 7.5% compared to the same quarter last year. During the same quarter last year, the business posted $0.91 earnings per share. Cisco Systems has set its FY 2026 guidance at 4.080-4.140 EPS. Q2 2026 guidance at 1.010-1.030 EPS. Analysts expect that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.

Cisco Systems Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 21st. Investors of record on Friday, January 2nd will be issued a $0.41 dividend. The ex-dividend date of this dividend is Friday, January 2nd. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.1%. Cisco Systems’s dividend payout ratio is currently 62.60%.

About Cisco Systems

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.