Verdence Capital Advisors LLC Buys 11,884 Shares of Cisco Systems, Inc. $CSCO

Verdence Capital Advisors LLC boosted its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCO – Free Report) by 21.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 66,908 shares of the network equipment provider’s stock after acquiring an additional 11,884 shares during the period. Verdence Capital Advisors LLC’s holdings in Cisco Systems were worth $7,201,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in CSCO. Halbert Hargrove Global Advisors LLC increased its stake in shares of Cisco Systems by 142.5% in the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 257 shares of the network equipment provider’s stock valued at $28,000 after purchasing an additional 151 shares during the last quarter. Kings Path Partners LLC bought a new stake in shares of Cisco Systems during the 3rd quarter worth $31,000. Blueline Advisors LLC acquired a new stake in Cisco Systems in the third quarter valued at about $32,000. Networth Advisors LLC boosted its stake in Cisco Systems by 276.4% in the first quarter. Networth Advisors LLC now owns 335 shares of the network equipment provider’s stock valued at $26,000 after buying an additional 246 shares in the last quarter. Finally, GK Wealth Management LLC acquired a new stake in Cisco Systems in the third quarter valued at about $37,000. 73.33% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Cisco Systems news, EVP Deborah L. Stahlkopf sold 6,487 shares of the firm’s stock in a transaction on Friday, August 14th. The shares were sold at an average price of $111.53, for a total value of $723,495.11. Following the sale, the executive vice president owned 167,116 shares of the company’s stock, valued at $18,638,447.48. This trade represents a 3.74% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Oliver Tuszik sold 2,760 shares of the business’s stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $112.46, for a total value of $310,389.60. Following the transaction, the executive vice president directly owned 165,276 shares in the company, valued at $18,586,938.96. This trade represents a 1.64% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 44,869 shares of company stock worth $5,005,620 over the last 90 days. Insiders own 0.01% of the company’s stock.

Cisco Systems Stock Up 3.5%

Shares of NASDAQ:CSCO opened at $110.24 on Tuesday. The firm has a fifty day moving average price of $110.23 and a two-hundred day moving average price of $100.14. The company has a market cap of $434.63 billion, a price-to-earnings ratio of 33.01, a PEG ratio of 2.22 and a beta of 0.99. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.93 and a quick ratio of 0.79. Cisco Systems, Inc. has a one year low of $70.43 and a one year high of $130.37.

Cisco Systems (NASDAQ:CSCO – Get Free Report) last issued its quarterly earnings results on Wednesday, August 12th. The network equipment provider reported $1.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.17 by $0.05. Cisco Systems had a return on equity of 30.16% and a net margin of 20.95%. The firm had revenue of $17.25 billion during the quarter, compared to the consensus estimate of $16.84 billion. During the same quarter last year, the company posted $0.99 EPS. The company’s revenue for the quarter was up 17.6% on a year-over-year basis. Cisco Systems has set its FY 2027 guidance at 5.050-5.110 EPS and its Q1 2027 guidance at 1.320-1.340 EPS. Analysts anticipate that Cisco Systems, Inc. will post 4.42 EPS for the current fiscal year.

Cisco Systems Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 21st. Investors of record on Friday, October 2nd were issued a dividend of $0.42 per share. The ex-dividend date of this dividend was Friday, October 2nd. This represents a $1.68 annualized dividend and a dividend yield of 1.5%. Cisco Systems’s dividend payout ratio (DPR) is currently 50.30%.

Cisco Systems News Roundup

Here are the key news stories impacting Cisco Systems this week:

  • Positive Sentiment: AI-focused partner strategy: At Cisco Partner Summit, the company introduced updates to its Cisco 360 partner program, including ecosystem deal registration, new incentives, AI-enabled tools, and broader availability of Cisco IQ. The initiatives are designed to help partners capture increased enterprise spending on AI-ready networking and could support future revenue growth. Cisco Expands Partner Opportunity with New Cisco 360 Program Updates, High Yield Customer Experience Offerings, and AI-Ready Innovations
  • Positive Sentiment: Expanded Cisco IQ adoption: Presidio is integrating Cisco IQ with its Presidio Advisor platform, combining Cisco’s AI-powered operational intelligence with multi-vendor lifecycle management. The agreement may increase the visibility and commercial reach of Cisco IQ while reinforcing Cisco’s position in proactive IT management and security. Presidio Integrates Cisco IQ with Presidio Advisor
  • Positive Sentiment: Fundamental and analyst support: Wall Street’s generally bullish view, along with Cisco’s latest earnings beat, 17.6% revenue growth, and raised fiscal-year outlook, continues to attract investor attention. Is It Worth Investing in Cisco Based on Wall Street’s Bullish Views?
  • Neutral Sentiment: Trading considerations: Technical coverage describes a rebound but highlights resistance ahead. Cisco’s shares trade well above their 200-day moving average, while a P/E near 33 may make investors more sensitive to execution and forward-growth expectations. Cisco Bounces Back: Can It Break Through Resistance?
  • Neutral Sentiment: A report showing zero short interest offers no meaningful bearish or short-covering signal and appears inconsistent with the claim of a large increase in short interest.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on CSCO shares. KeyCorp increased their price target on Cisco Systems from $130.00 to $135.00 and gave the company an “overweight” rating in a research note on Thursday, August 13th. Truist Financial increased their target price on shares of Cisco Systems from $125.00 to $140.00 and gave the company a “buy” rating in a research report on Thursday, August 13th. Rosenblatt Securities boosted their price target on Cisco Systems from $150.00 to $165.00 and gave the company a “buy” rating in a research note on Thursday, August 13th. HSBC cut Cisco Systems from a “buy” rating to a “hold” rating and reduced their price objective for the company from $137.00 to $120.00 in a research note on Friday, August 14th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Cisco Systems in a report on Wednesday, August 26th. Three research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $128.52.

Get Our Latest Analysis on Cisco Systems

About Cisco Systems

(Free Report)

Cisco Systems, Inc is a global technology company that develops networking, cybersecurity, collaboration and observability solutions for businesses, government organizations and service providers. Its offerings include routers, switches, wireless networking equipment, data-center infrastructure, security software and services, as well as technologies that support cloud and hybrid IT environments.

The company also provides collaboration tools through its Webex portfolio, cloud-managed networking through Cisco Meraki and security and observability capabilities that include technologies from Splunk, which Cisco acquired in 2024.

See Also

Institutional Ownership by Quarter for Cisco Systems (NASDAQ:CSCO)

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