Cortland Associates Inc. MO Lowers Position in Cisco Systems, Inc. $CSCO

Cortland Associates Inc. MO lessened its position in Cisco Systems, Inc. (NASDAQ:CSCO) by 4.9% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 6,013 shares of the network equipment provider’s stock after selling 310 shares during the quarter. Cortland Associates Inc. MO’s holdings in Cisco Systems were worth $417,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in CSCO. Brighton Jones LLC lifted its stake in shares of Cisco Systems by 49.5% in the 4th quarter. Brighton Jones LLC now owns 74,187 shares of the network equipment provider’s stock valued at $4,392,000 after purchasing an additional 24,562 shares during the period. Revolve Wealth Partners LLC increased its position in Cisco Systems by 37.0% during the 4th quarter. Revolve Wealth Partners LLC now owns 9,156 shares of the network equipment provider’s stock valued at $542,000 after buying an additional 2,474 shares in the last quarter. Patriot Financial Group Insurance Agency LLC increased its position in Cisco Systems by 23.6% during the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 8,191 shares of the network equipment provider’s stock valued at $505,000 after buying an additional 1,563 shares in the last quarter. Farther Finance Advisors LLC increased its position in Cisco Systems by 11.6% during the 1st quarter. Farther Finance Advisors LLC now owns 78,161 shares of the network equipment provider’s stock valued at $4,830,000 after buying an additional 8,106 shares in the last quarter. Finally, Pallas Capital Advisors LLC increased its position in Cisco Systems by 31.9% during the 1st quarter. Pallas Capital Advisors LLC now owns 27,499 shares of the network equipment provider’s stock valued at $1,697,000 after buying an additional 6,652 shares in the last quarter. Hedge funds and other institutional investors own 73.33% of the company’s stock.

Insider Buying and Selling at Cisco Systems

In other Cisco Systems news, EVP Oliver Tuszik sold 17,526 shares of the business’s stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $67.95, for a total transaction of $1,190,891.70. Following the completion of the sale, the executive vice president owned 198,855 shares of the company’s stock, valued at approximately $13,512,197.25. The trade was a 8.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Deborah L. Stahlkopf sold 2,718 shares of the business’s stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $68.08, for a total value of $185,041.44. Following the sale, the executive vice president directly owned 157,184 shares of the company’s stock, valued at $10,701,086.72. This represents a 1.70% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 82,965 shares of company stock valued at $5,559,996 in the last ninety days. 0.01% of the stock is currently owned by company insiders.

Cisco Systems Stock Up 0.1%

Cisco Systems stock opened at $68.99 on Wednesday. The stock has a market cap of $272.73 billion, a PE ratio of 26.33, a price-to-earnings-growth ratio of 2.90 and a beta of 0.97. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.91 and a current ratio of 1.00. Cisco Systems, Inc. has a one year low of $52.11 and a one year high of $72.55. The stock has a fifty day moving average of $68.14 and a 200 day moving average of $64.71.

Cisco Systems (NASDAQ:CSCO) last posted its quarterly earnings data on Wednesday, August 13th. The network equipment provider reported $0.99 EPS for the quarter, beating analysts’ consensus estimates of $0.98 by $0.01. The company had revenue of $14.67 billion during the quarter, compared to analysts’ expectations of $14.63 billion. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.Cisco Systems’s revenue for the quarter was up 7.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.87 earnings per share. Cisco Systems has set its Q1 2026 guidance at 0.970-0.990 EPS. FY 2026 guidance at 4.000-4.060 EPS. As a group, sell-side analysts predict that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 22nd. Shareholders of record on Friday, October 3rd will be issued a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend is Friday, October 3rd. Cisco Systems’s payout ratio is currently 62.60%.

Analyst Ratings Changes

CSCO has been the subject of a number of analyst reports. Evercore ISI raised their price objective on Cisco Systems from $72.00 to $74.00 and gave the company an “in-line” rating in a research report on Thursday, August 14th. Barclays raised their price objective on Cisco Systems from $66.00 to $71.00 and gave the company an “equal weight” rating in a research report on Thursday, August 14th. Wolfe Research initiated coverage on Cisco Systems in a research report on Tuesday, July 8th. They set a “peer perform” rating for the company. Wells Fargo & Company raised their price objective on Cisco Systems from $75.00 to $83.00 and gave the company an “overweight” rating in a research report on Thursday, August 14th. Finally, Piper Sandler boosted their price target on Cisco Systems from $64.00 to $70.00 and gave the stock a “neutral” rating in a research note on Thursday, August 14th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and ten have given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $74.53.

Cisco Systems 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.