Southeast Asset Advisors LLC Buys 7,478 Shares of Cisco Systems, Inc. $CSCO

Southeast Asset Advisors LLC increased its stake in Cisco Systems, Inc. (NASDAQ:CSCO) by 49.2% in the second quarter, Holdings Channel.com reports. The institutional investor owned 22,681 shares of the network equipment provider’s stock after acquiring an additional 7,478 shares during the period. Southeast Asset Advisors LLC’s holdings in Cisco Systems were worth $1,574,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of CSCO. Brighton Jones LLC lifted its position in Cisco Systems by 49.5% during the fourth quarter. Brighton Jones LLC now owns 74,187 shares of the network equipment provider’s stock valued at $4,392,000 after buying an additional 24,562 shares during the period. Revolve Wealth Partners LLC grew its position in shares of Cisco Systems by 37.0% in the 4th quarter. Revolve Wealth Partners LLC now owns 9,156 shares of the network equipment provider’s stock worth $542,000 after buying an additional 2,474 shares during the period. Assetmark Inc. increased its stake in shares of Cisco Systems by 13.0% in the 1st quarter. Assetmark Inc. now owns 97,377 shares of the network equipment provider’s stock worth $6,009,000 after acquiring an additional 11,213 shares in the last quarter. TCW Group Inc. increased its stake in shares of Cisco Systems by 5.7% in the 1st quarter. TCW Group Inc. now owns 58,949 shares of the network equipment provider’s stock worth $3,638,000 after acquiring an additional 3,162 shares in the last quarter. Finally, Shoker Investment Counsel Inc. lifted its position in Cisco Systems by 0.4% during the 1st quarter. Shoker Investment Counsel Inc. now owns 61,975 shares of the network equipment provider’s stock valued at $3,825,000 after acquiring an additional 230 shares during the period. 73.33% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have weighed in on CSCO shares. CICC Research raised their target price on shares of Cisco Systems from $78.00 to $84.00 and gave the company an “outperform” rating in a research note on Friday, November 14th. BNP Paribas Exane raised their price objective on Cisco Systems from $76.00 to $86.00 and gave the company an “outperform” rating in a research report on Thursday, November 13th. Erste Group Bank raised Cisco Systems from a “hold” rating to a “buy” rating in a report on Monday, November 10th. Melius Research increased their target price on Cisco Systems from $84.00 to $100.00 and gave the stock a “buy” rating in a research note on Thursday, November 13th. Finally, Piper Sandler lifted their price target on Cisco Systems from $70.00 to $86.00 and gave the stock a “neutral” rating in a research report on Thursday, November 13th. Seventeen equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $84.14.

Cisco Systems Stock Up 0.2%

CSCO stock opened at $76.24 on Tuesday. The stock has a market capitalization of $301.23 billion, a P/E ratio of 29.10, a P/E/G ratio of 3.00 and a beta of 0.95. 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, Inc. has a 1-year low of $52.11 and a 1-year high of $80.06. The business has a fifty day moving average price of $71.02 and a 200-day moving average price of $68.31.

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 the consensus estimate of $0.98 by $0.02. The company 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 firm’s quarterly revenue was up 7.5% on a year-over-year basis. During the same quarter last year, the company 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. Equities analysts forecast that Cisco Systems, Inc. will post 3.04 earnings per share for the current fiscal year.

Cisco Systems Dividend Announcement

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

Insider Activity at Cisco Systems

In other Cisco Systems news, SVP Maria Victoria Wong sold 9,801 shares of Cisco Systems stock in a transaction that occurred on Monday, November 24th. The shares were sold at an average price of $76.38, for a total transaction of $748,600.38. Following the transaction, the senior vice president owned 33,026 shares of the company’s stock, valued at $2,522,525.88. The trade was a 22.89% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Jeetendra I. Patel sold 163,896 shares of the stock in a transaction on Friday, November 14th. The stock was sold at an average price of $77.86, for a total transaction of $12,760,942.56. Following the completion of the sale, the insider directly owned 281,108 shares of the company’s stock, valued at approximately $21,887,068.88. This trade represents a 36.83% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,024,627 shares of company stock worth $79,621,482 in the last 90 days. Insiders own 0.01% of the company’s stock.

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.