Securian Asset Management Inc. Has $14.43 Million Position in Cisco Systems, Inc. $CSCO

Securian Asset Management Inc. reduced its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 1.4% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 207,996 shares of the network equipment provider’s stock after selling 2,977 shares during the period. Securian Asset Management Inc.’s holdings in Cisco Systems were worth $14,431,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the business. Pittenger & Anderson Inc. boosted its position in shares of Cisco Systems by 7.1% during the 2nd quarter. Pittenger & Anderson Inc. now owns 234,623 shares of the network equipment provider’s stock valued at $16,278,000 after acquiring an additional 15,600 shares in the last quarter. Phoenix Financial Ltd. boosted its position in shares of Cisco Systems by 186.0% during the 2nd quarter. Phoenix Financial Ltd. now owns 148,311 shares of the network equipment provider’s stock valued at $10,288,000 after acquiring an additional 96,463 shares in the last quarter. Journey Advisory Group LLC boosted its position in shares of Cisco Systems by 5.1% during the 2nd quarter. Journey Advisory Group LLC now owns 4,951 shares of the network equipment provider’s stock valued at $343,000 after acquiring an additional 240 shares in the last quarter. Bogart Wealth LLC boosted its position in shares of Cisco Systems by 1.0% during the 2nd quarter. Bogart Wealth LLC now owns 203,105 shares of the network equipment provider’s stock valued at $14,091,000 after acquiring an additional 1,936 shares in the last quarter. Finally, Alexis Investment Partners LLC boosted its position in shares of Cisco Systems by 100.8% during the 2nd quarter. Alexis Investment Partners LLC now owns 10,038 shares of the network equipment provider’s stock valued at $689,000 after acquiring an additional 5,038 shares in the last quarter. 73.33% of the stock is currently owned by institutional investors and hedge funds.

Cisco Systems Price Performance

Shares of CSCO stock opened at $70.65 on Tuesday. Cisco Systems, Inc. has a 1 year low of $52.11 and a 1 year high of $72.55. The firm’s 50 day moving average is $68.20 and its 200-day moving average is $65.31. The firm has a market capitalization of $279.29 billion, a price-to-earnings ratio of 26.97, a PEG ratio of 2.95 and a beta of 0.97. 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 announced its earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.98 by $0.01. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. The company had revenue of $14.67 billion for the quarter, compared to analyst estimates of $14.63 billion. During the same period in the prior year, the business earned $0.87 earnings per share. Cisco Systems’s quarterly revenue was up 7.6% on a year-over-year basis. Cisco Systems has set its Q1 2026 guidance at 0.970-0.990 EPS. FY 2026 guidance at 4.000-4.060 EPS. Sell-side analysts forecast that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.

Cisco Systems Announces Dividend

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

Wall Street Analyst Weigh In

A number of equities analysts have commented on CSCO shares. JPMorgan Chase & Co. boosted their price target on shares of Cisco Systems from $73.00 to $78.00 and gave the company an “overweight” rating in a research report on Thursday, July 17th. HSBC restated a “hold” rating and issued a $69.00 price target on shares of Cisco Systems in a research report on Friday, August 15th. Weiss Ratings restated a “buy (b-)” rating on shares of Cisco Systems in a research report on Wednesday, October 8th. Piper Sandler boosted their price target 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, Rosenblatt Securities restated a “buy” rating and issued a $87.00 price target on shares of Cisco Systems in a research 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 assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $74.72.

Insider Buying and Selling at Cisco Systems

In related news, SVP Maria Victoria Wong sold 428 shares of the business’s stock in a transaction that occurred on Thursday, September 11th. The shares were sold at an average price of $68.25, for a total transaction of $29,211.00. Following the completion of the sale, the senior vice president directly owned 30,619 shares of the company’s stock, valued at $2,089,746.75. The trade was a 1.38% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, EVP Thimaya K. Subaiya sold 1,744 shares of the business’s stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $66.78, for a total transaction of $116,464.32. Following the sale, the executive vice president directly owned 158,009 shares of the company’s stock, valued at approximately $10,551,841.02. This trade represents a 1.09% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 82,965 shares of company stock valued at $5,559,996 over the last 90 days. Company insiders own 0.01% of the company’s stock.

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.