Crewe Advisors LLC Invests $431,000 in Cisco Systems, Inc. $CSCO

Crewe Advisors LLC bought a new stake in Cisco Systems, Inc. (NASDAQ:CSCOFree Report) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 6,207 shares of the network equipment provider’s stock, valued at approximately $431,000.

A number of other hedge funds also recently bought and sold shares of the business. Financial Symmetry Inc raised its stake in Cisco Systems by 42.1% during the second quarter. Financial Symmetry Inc now owns 10,793 shares of the network equipment provider’s stock valued at $749,000 after purchasing an additional 3,197 shares in the last quarter. Unison Advisors LLC increased its holdings in shares of Cisco Systems by 0.7% in the 2nd quarter. Unison Advisors LLC now owns 67,020 shares of the network equipment provider’s stock worth $4,650,000 after buying an additional 484 shares during the last quarter. Stephens Inc. AR raised its position in shares of Cisco Systems by 4.4% during the 2nd quarter. Stephens Inc. AR now owns 533,779 shares of the network equipment provider’s stock valued at $37,034,000 after buying an additional 22,377 shares in the last quarter. Financial Advisors LLC lifted its holdings in shares of Cisco Systems by 37.6% in the 2nd quarter. Financial Advisors LLC now owns 6,594 shares of the network equipment provider’s stock valued at $457,000 after acquiring an additional 1,801 shares during the last quarter. Finally, LMG Wealth Partners LLC grew its position in Cisco Systems by 3.4% in the second quarter. LMG Wealth Partners LLC now owns 38,694 shares of the network equipment provider’s stock worth $2,685,000 after acquiring an additional 1,275 shares in the last quarter. Hedge funds and other institutional investors own 73.33% of the company’s stock.

Insider Activity

In other Cisco Systems news, EVP Deborah L. Stahlkopf sold 2,718 shares of Cisco Systems stock in a transaction on Thursday, September 11th. The stock was sold at an average price of $68.08, for a total transaction of $185,041.44. Following the completion of the sale, the executive vice president directly owned 157,184 shares of the company’s stock, valued at $10,701,086.72. The trade was a 1.70% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Charles Robbins sold 30,557 shares of the company’s stock in a transaction on Friday, August 15th. The stock was sold at an average price of $66.63, for a total value of $2,036,012.91. Following the completion of the sale, the chief executive officer owned 639,000 shares of the company’s stock, valued at $42,576,570. This represents a 4.56% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 82,965 shares of company stock valued at $5,559,996. Insiders own 0.01% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. KeyCorp started coverage on Cisco Systems in a research report on Thursday, June 26th. They set an “overweight” rating and a $77.00 price objective on the stock. CICC Research assumed coverage on Cisco Systems in a report on Monday, July 14th. They set an “outperform” rating and a $78.00 price target on the stock. Evercore ISI lifted their price objective on shares of Cisco Systems from $72.00 to $74.00 and gave the stock an “in-line” rating in a research note on Thursday, August 14th. Piper Sandler boosted their price objective on shares of Cisco Systems from $64.00 to $70.00 and gave the company a “neutral” rating in a research report on Thursday, August 14th. Finally, Bank of America raised their target price on shares of Cisco Systems from $76.00 to $85.00 and gave the stock a “buy” rating in a report on Thursday, August 14th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $74.72.

Read Our Latest Research Report on Cisco Systems

Cisco Systems Stock Performance

CSCO stock opened at $70.13 on Monday. Cisco Systems, Inc. has a twelve month low of $52.11 and a twelve month high of $72.55. The firm has a market cap of $277.24 billion, a price-to-earnings ratio of 26.77, a PEG ratio of 2.95 and a beta of 0.97. The business’s fifty day simple moving average is $68.20 and its two-hundred day simple moving average is $65.19. The company has a quick ratio of 0.91, a current ratio of 1.00 and a debt-to-equity ratio of 0.49.

Cisco Systems (NASDAQ:CSCOGet Free Report) last issued its earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.98 by $0.01. The firm had revenue of $14.67 billion during the quarter, compared to analyst estimates of $14.63 billion. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. The business’s revenue was up 7.6% on a year-over-year basis. During the same period in the previous year, the firm 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 earnings per share for the current year.

Cisco Systems Announces Dividend

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 given a dividend of $0.41 per share. The ex-dividend date of this dividend is Friday, October 3rd. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.3%. Cisco Systems’s dividend payout ratio (DPR) is 62.60%.

Cisco Systems Profile

(Free Report)

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.

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

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