Cisco Systems, Inc. $CSCO Shares Sold by Stonebridge Financial Group LLC

Posted by Stanley Muller on Aug 4th, 2026

Stonebridge Financial Group LLC trimmed its stake in Cisco Systems, Inc. (NASDAQ:CSCO – Free Report) by 7.0% during the second quarter, Holdings Channel.com reports. The fund owned 66,680 shares of the network equipment provider’s stock after selling 5,019 shares during the period. Stonebridge Financial Group LLC’s holdings in Cisco Systems were worth $7,832,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the stock. Somerset Trust Co boosted its position in shares of Cisco Systems by 1.4% during the 2nd quarter. Somerset Trust Co now owns 110,671 shares of the network equipment provider’s stock worth $12,999,000 after purchasing an additional 1,536 shares during the period. Dogwood Wealth Management LLC lifted its stake in Cisco Systems by 3.9% during the second quarter. Dogwood Wealth Management LLC now owns 2,413 shares of the network equipment provider’s stock worth $283,000 after purchasing an additional 90 shares in the last quarter. Cedar Mountain Advisors LLC lifted its stake in Cisco Systems by 68.1% during the second quarter. Cedar Mountain Advisors LLC now owns 1,479 shares of the network equipment provider’s stock worth $174,000 after purchasing an additional 599 shares in the last quarter. Adelphi Trust Co boosted its position in shares of Cisco Systems by 8.1% during the second quarter. Adelphi Trust Co now owns 14,612 shares of the network equipment provider’s stock worth $1,716,000 after buying an additional 1,093 shares during the period. Finally, Eastern Bank boosted its position in shares of Cisco Systems by 3.3% during the second quarter. Eastern Bank now owns 35,677 shares of the network equipment provider’s stock worth $4,191,000 after buying an additional 1,144 shares during the period. 73.33% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the company. Citic Securities boosted their price objective on Cisco Systems from $90.00 to $130.00 in a report on Friday, May 15th. Morgan Stanley raised their target price on Cisco Systems from $120.00 to $130.00 and gave the company an “overweight” rating in a report on Friday, June 12th. BNP Paribas Exane lifted their target price on Cisco Systems from $87.00 to $132.00 and gave the company an “outperform” rating in a research report on Thursday, May 14th. HSBC upgraded shares of Cisco Systems from a “hold” rating to a “buy” rating and boosted their price target for the stock from $77.00 to $137.00 in a research note on Friday, May 15th. Finally, Evercore raised their price objective on shares of Cisco Systems from $110.00 to $150.00 and gave the company an “outperform” rating in a research note on Thursday, May 14th. Three investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $123.14.

Check Out Our Latest Analysis on Cisco Systems

Cisco Systems Stock Performance

NASDAQ:CSCO opened at $115.86 on Tuesday. Cisco Systems, Inc. has a 12 month low of $65.75 and a 12 month high of $130.37. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.92 and a quick ratio of 0.81. The firm has a market capitalization of $456.66 billion, a PE ratio of 37.62, a price-to-earnings-growth ratio of 2.95 and a beta of 1.02. The business’s fifty day moving average price is $117.57 and its 200 day moving average price is $96.39.

Cisco Systems (NASDAQ:CSCO – Get Free Report) last announced its quarterly earnings results on Wednesday, May 13th. The network equipment provider reported $1.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.03 by $0.03. The company had revenue of $15.84 billion during the quarter, compared to the consensus estimate of $15.56 billion. Cisco Systems had a return on equity of 28.44% and a net margin of 20.14%.Cisco Systems’s revenue for the quarter was up 12.0% on a year-over-year basis. During the same period in the previous year, the business earned $0.96 EPS. Cisco Systems has set its Q4 2026 guidance at 1.160-1.180 EPS and its FY 2026 guidance at 4.270-4.290 EPS. On average, sell-side analysts anticipate that Cisco Systems, Inc. will post 3.54 earnings per share for the current fiscal year.

Cisco Systems Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 22nd. Investors of record on Monday, July 6th were paid a dividend of $0.42 per share. The ex-dividend date was Monday, July 6th. This represents a $1.68 annualized dividend and a yield of 1.5%. Cisco Systems’s payout ratio is presently 54.55%.

Insider Transactions at Cisco Systems

In other Cisco Systems news, EVP Oliver Tuszik sold 2,761 shares of the stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $114.61, for a total value of $316,438.21. Following the transaction, the executive vice president directly owned 180,877 shares in the company, valued at $20,730,312.97. This represents a 1.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Thimaya K. Subaiya sold 7,127 shares of the firm’s stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $119.91, for a total transaction of $854,598.57. Following the sale, the executive vice president directly owned 140,857 shares in the company, valued at approximately $16,890,162.87. The trade was a 4.82% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 47,650 shares of company stock valued at $5,668,823 over the last three months. 0.01% of the stock is owned by corporate insiders.

About Cisco Systems

(Free Report)

Cisco Systems, Inc is a global technology company that designs, manufactures and sells networking hardware, software and telecommunications equipment. Its core business focuses on enabling enterprise and service-provider networks through products such as routers, switches, network security appliances and wireless systems. Over time Cisco has broadened its portfolio to emphasize software-defined networking, cybersecurity, cloud infrastructure and edge computing solutions that help organizations build and manage modern IT environments.

In addition to hardware, Cisco offers a growing range of software platforms and subscription services for network management, security, analytics and collaboration.