J.W. Cole Advisors Inc. Buys 39,814 Shares of Cisco Systems, Inc. $CSCO

J.W. Cole Advisors Inc. grew its stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 55.0% in the second quarter, Holdings Channel reports. The institutional investor owned 112,183 shares of the network equipment provider’s stock after purchasing an additional 39,814 shares during the period. J.W. Cole Advisors Inc.’s holdings in Cisco Systems were worth $7,783,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in CSCO. Avantax Advisory Services Inc. boosted its stake in Cisco Systems by 1.1% during the second quarter. Avantax Advisory Services Inc. now owns 420,336 shares of the network equipment provider’s stock worth $29,163,000 after buying an additional 4,525 shares in the last quarter. Drive Wealth Management LLC raised its stake in shares of Cisco Systems by 2.7% in the 2nd quarter. Drive Wealth Management LLC now owns 16,605 shares of the network equipment provider’s stock valued at $1,152,000 after buying an additional 436 shares in the last quarter. Shell Asset Management Co. lifted its holdings in shares of Cisco Systems by 53.3% during the 2nd quarter. Shell Asset Management Co. now owns 77,234 shares of the network equipment provider’s stock worth $5,358,000 after acquiring an additional 26,840 shares during the period. Guinness Asset Management LTD boosted 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 in the last quarter. Finally, Tobam increased its stake in Cisco Systems by 223.4% in the second quarter. Tobam now owns 2,642 shares of the network equipment provider’s stock valued at $183,000 after acquiring an additional 1,825 shares during the period. 73.33% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other Cisco Systems news, insider Jeetendra I. Patel sold 163,896 shares of the firm’s stock in a transaction dated Friday, November 14th. The shares were sold at an average price of $77.86, for a total value of $12,760,942.56. Following the completion of the sale, the insider owned 281,108 shares in the company, valued at approximately $21,887,068.88. This trade represents a 36.83% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, SVP Maria Victoria Wong sold 9,801 shares of the company’s stock in a transaction that occurred on Monday, November 24th. The stock was 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 in the company, valued at $2,522,525.88. The trade was a 22.89% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 1,024,627 shares of company stock worth $79,621,482. 0.01% of the stock is currently owned by insiders.

Cisco Systems Stock Up 0.1%

NASDAQ CSCO opened at $76.32 on Wednesday. The stock’s 50 day simple moving average is $71.21 and its 200 day simple moving average is $68.42. Cisco Systems, Inc. has a one year low of $52.11 and a one year high of $80.06. The firm has a market cap of $301.55 billion, a PE ratio of 29.13, a price-to-earnings-growth 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 (NASDAQ:CSCO) last posted 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 company had revenue of $14.88 billion for the quarter, compared to analyst estimates of $14.77 billion. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The business’s revenue was up 7.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $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. As a group, sell-side 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. Shareholders of record on Friday, January 2nd will be issued a dividend of $0.41 per share. The ex-dividend date of this dividend is Friday, January 2nd. This represents a $1.64 dividend on an annualized basis and a yield of 2.1%. Cisco Systems’s dividend payout ratio is currently 61.65%.

Analyst Ratings Changes

A number of brokerages have commented on CSCO. CICC Research raised their price target on shares of Cisco Systems from $78.00 to $84.00 and gave the stock an “outperform” rating in a research note on Friday, November 14th. Wall Street Zen cut Cisco Systems from a “buy” rating to a “hold” rating in a report on Saturday. BNP Paribas Exane boosted their price target on Cisco Systems from $76.00 to $86.00 and gave the company an “outperform” rating in a research note on Thursday, November 13th. HSBC upped their price target on Cisco Systems from $69.00 to $74.00 and gave the company a “hold” rating in a research report on Friday, November 14th. Finally, UBS Group lifted their price objective on Cisco Systems from $88.00 to $90.00 and gave the company a “buy” rating in a report on Thursday, November 13th. Seventeen research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $84.14.

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.