Nicholas Wealth LLC. Has $201,000 Stock Holdings in Cisco Systems, Inc. $CSCO

Nicholas Wealth LLC. trimmed its position in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 86.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,900 shares of the network equipment provider’s stock after selling 19,082 shares during the quarter. Nicholas Wealth LLC.’s holdings in Cisco Systems were worth $201,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Legacy Investment Solutions LLC acquired a new position in Cisco Systems in the second quarter valued at about $28,000. Financial Connections Group Inc. raised its position in shares of Cisco Systems by 89.4% during the second 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 shares of Cisco Systems during the 2nd quarter valued at about $32,000. Pandora Wealth Inc. acquired a new position in shares of Cisco Systems in the 1st quarter valued at approximately $31,000. Finally, Nova Wealth Management Inc. acquired a new position in shares of Cisco Systems in the 1st quarter valued at approximately $31,000. Institutional investors own 73.33% of the company’s stock.

Cisco Systems Stock Performance

Shares of CSCO opened at $77.37 on Wednesday. The stock has a market capitalization of $304.89 billion, a price-to-earnings ratio of 29.53, a PEG ratio of 3.00 and a beta of 0.95. Cisco Systems, Inc. has a 12 month low of $52.11 and a 12 month high of $79.50. The firm has a fifty day simple moving average of $70.29 and a 200 day simple moving average of $67.83. The company has a current ratio of 1.00, a quick ratio of 0.91 and a debt-to-equity ratio of 0.49.

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

Cisco Systems Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 21st. Investors of record on Friday, January 2nd will be given a dividend of $0.41 per share. The ex-dividend date of this dividend is Friday, January 2nd. This represents a $1.64 annualized dividend and a yield of 2.1%. Cisco Systems’s dividend payout ratio is 61.65%.

Wall Street Analysts Forecast Growth

Several brokerages have commented on CSCO. Piper Sandler raised their target price on shares of Cisco Systems from $70.00 to $86.00 and gave the stock a “neutral” rating in a report on Thursday, November 13th. William Blair raised shares of Cisco Systems to a “hold” rating in a research report on Thursday, August 14th. Erste Group Bank raised shares of Cisco Systems from a “hold” rating to a “buy” rating in a research report on Monday, November 10th. HSBC upped their target price on shares of Cisco Systems from $69.00 to $74.00 and gave the stock a “hold” rating in a research note on Friday, November 14th. Finally, Evercore ISI increased their target price on Cisco Systems from $74.00 to $80.00 and gave the stock an “in-line” rating in a report on Thursday, November 13th. Seventeen analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $84.14.

Insider Transactions at Cisco Systems

In other Cisco Systems news, EVP Deborah L. Stahlkopf sold 164,584 shares of the business’s stock in a transaction that occurred on Friday, November 14th. The stock was sold at an average price of $77.85, for a total transaction of $12,812,864.40. Following the transaction, the executive vice president owned 196,738 shares of the company’s stock, valued at $15,316,053.30. The trade was a 45.55% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Jeetendra I. Patel sold 163,896 shares of the firm’s stock in a transaction on Friday, November 14th. The shares were sold at an average price of $77.86, for a total transaction of $12,760,942.56. Following the completion of the transaction, the insider directly owned 281,108 shares of the company’s stock, valued at $21,887,068.88. This represents a 36.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 961,950 shares of company stock valued at $74,696,164. 0.01% of the stock is owned by insiders.

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.