Cisco Systems, Inc. $CSCO Shares Purchased by Schubert & Co

Schubert & Co grew its stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 9.4% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,564 shares of the network equipment provider’s stock after purchasing an additional 392 shares during the quarter. Schubert & Co’s holdings in Cisco Systems were worth $317,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of Cisco Systems during the second quarter worth about $20,183,000. CapWealth Advisors LLC purchased a new stake in shares of Cisco Systems during the second quarter worth about $214,000. Quotient Wealth Partners LLC increased its position in shares of Cisco Systems by 11.1% during the second quarter. Quotient Wealth Partners LLC now owns 14,325 shares of the network equipment provider’s stock worth $994,000 after acquiring an additional 1,435 shares during the last quarter. Nicholson Wealth Management Group LLC increased its position in shares of Cisco Systems by 2.5% during the second quarter. Nicholson Wealth Management Group LLC now owns 27,335 shares of the network equipment provider’s stock worth $1,897,000 after acquiring an additional 667 shares during the last quarter. Finally, Arista Wealth Management LLC purchased a new stake in shares of Cisco Systems during the second quarter worth about $1,823,000. Institutional investors and hedge funds own 73.33% of the company’s stock.

Cisco Systems Stock Up 1.5%

NASDAQ:CSCO opened at $70.13 on Friday. The firm has a market capitalization of $277.24 billion, a PE ratio of 26.77, a price-to-earnings-growth ratio of 2.95 and a beta of 0.97. The stock has a 50 day moving average of $68.20 and a 200-day moving average of $65.14. Cisco Systems, Inc. has a 52 week low of $52.11 and a 52 week high of $72.55. The company has a current ratio of 1.00, a quick ratio of 0.91 and a debt-to-equity ratio of 0.49.

Cisco Systems (NASDAQ:CSCO) last posted its earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 EPS for the quarter, beating the consensus estimate of $0.98 by $0.01. The company had revenue of $14.67 billion during the quarter, compared to analyst estimates of $14.63 billion. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The business’s revenue was up 7.6% compared to the same quarter last year. During the same period in the prior year, the company 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. Analysts predict that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 22nd. Stockholders of record on Friday, October 3rd will be issued a dividend of $0.41 per share. The ex-dividend date of this dividend is Friday, October 3rd. This represents a $1.64 annualized dividend and a dividend yield of 2.3%. Cisco Systems’s dividend payout ratio is 62.60%.

Analyst Ratings Changes

A number of analysts have recently issued reports on CSCO shares. CICC Research started coverage on Cisco Systems in a research report on Monday, July 14th. They set an “outperform” rating and a $78.00 target price on the stock. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Cisco Systems in a research report on Wednesday, October 8th. Piper Sandler lifted their target price on Cisco Systems from $64.00 to $70.00 and gave the stock a “neutral” rating in a research report on Thursday, August 14th. JPMorgan Chase & Co. lifted their target price on Cisco Systems from $73.00 to $78.00 and gave the stock an “overweight” rating in a research report on Thursday, July 17th. Finally, KeyCorp assumed coverage on Cisco Systems in a report on Thursday, June 26th. They issued an “overweight” rating and a $77.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $74.72.

Insider Activity at Cisco Systems

In other news, insider Jeetendra I. Patel sold 9,061 shares of the company’s stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $66.60, for a total transaction of $603,462.60. Following the completion of the transaction, the insider directly owned 237,405 shares of the company’s stock, valued at approximately $15,811,173. This represents a 3.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Deborah L. Stahlkopf sold 9,783 shares of the business’s stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $66.60, for a total value of $651,547.80. Following the transaction, the executive vice president owned 161,662 shares of the company’s stock, valued at approximately $10,766,689.20. This represents a 5.71% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 82,965 shares of company stock valued at $5,559,996. 0.01% of the stock is owned by insiders.

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.