Cisco Systems, Inc. $CSCO Shares Bought by Willis Investment Counsel

Willis Investment Counsel grew its position in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 7.8% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 801,849 shares of the network equipment provider’s stock after buying an additional 57,989 shares during the quarter. Cisco Systems makes up approximately 3.3% of Willis Investment Counsel’s portfolio, making the stock its largest holding. Willis Investment Counsel’s holdings in Cisco Systems were worth $55,632,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in CSCO. ABN AMRO Bank N.V. acquired a new stake in shares of Cisco Systems in the second quarter valued at approximately $5,451,000. Handelsbanken Fonder AB increased its holdings in shares of Cisco Systems by 7.9% in the 2nd quarter. Handelsbanken Fonder AB now owns 3,049,243 shares of the network equipment provider’s stock valued at $211,556,000 after acquiring an additional 223,142 shares during the period. Prudential PLC raised its position in Cisco Systems by 15.7% in the 2nd quarter. Prudential PLC now owns 497,533 shares of the network equipment provider’s stock valued at $34,519,000 after purchasing an additional 67,516 shares during the last quarter. Howe & Rusling Inc. raised its position in Cisco Systems by 2.9% in the 2nd quarter. Howe & Rusling Inc. now owns 19,372 shares of the network equipment provider’s stock valued at $1,344,000 after purchasing an additional 552 shares during the last quarter. Finally, Winnow Wealth LLC acquired a new stake in Cisco Systems during the 2nd quarter worth $46,000. 73.33% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms have commented on CSCO. Barclays lifted their price objective on shares of Cisco Systems from $71.00 to $76.00 and gave the company an “equal weight” rating in a research note on Thursday, November 13th. Morgan Stanley boosted their price target on Cisco Systems from $77.00 to $82.00 and gave the company an “overweight” rating in a research report on Thursday, November 13th. Piper Sandler upped their price objective on Cisco Systems from $70.00 to $86.00 and gave the company a “neutral” rating in a research note on Thursday, November 13th. Wells Fargo & Company lifted their target price on Cisco Systems from $83.00 to $95.00 and gave the company an “overweight” rating in a research note on Thursday, November 13th. Finally, BNP Paribas Exane boosted their target price on Cisco Systems from $76.00 to $86.00 and gave the company an “outperform” 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 stock. According to MarketBeat, Cisco Systems has a consensus rating of “Moderate Buy” and a consensus price target of $84.14.

Cisco Systems Price Performance

Shares of CSCO opened at $75.44 on Friday. 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’s 50 day moving average is $70.65 and its two-hundred day moving average is $67.95. Cisco Systems, Inc. has a twelve month low of $52.11 and a twelve month high of $80.06. The firm has a market capitalization of $297.29 billion, a PE ratio of 28.79, 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, November 12th. The network equipment provider reported $1.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.98 by $0.02. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The business had revenue of $14.88 billion during the quarter, compared to the consensus estimate of $14.77 billion. During the same period in the prior year, the business posted $0.91 EPS. The company’s revenue for the quarter was up 7.5% on a year-over-year basis. 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 anticipate that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.

Cisco Systems Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 21st. Shareholders of record on Friday, January 2nd will be given a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a dividend yield of 2.2%. The ex-dividend date is Friday, January 2nd. Cisco Systems’s payout ratio is presently 61.65%.

Insider Buying and Selling at Cisco Systems

In related news, EVP Deborah L. Stahlkopf sold 164,584 shares of the business’s stock in a transaction dated Friday, November 14th. The shares were sold at an average price of $77.85, for a total transaction of $12,812,864.40. Following the sale, the executive vice president owned 196,738 shares of the company’s stock, valued at approximately $15,316,053.30. The trade was a 45.55% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Thimaya K. Subaiya sold 56,038 shares of the company’s stock in a transaction dated Wednesday, November 19th. The stock was sold at an average price of $78.33, for a total transaction of $4,389,456.54. Following the transaction, the executive vice president owned 179,780 shares in the company, valued at $14,082,167.40. The trade was a 23.76% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 1,017,988 shares of company stock worth $79,085,621. Company insiders own 0.01% of the company’s stock.

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.