Mediolanum International Funds Ltd Sells 98,025 Shares of Cisco Systems, Inc. $CSCO

Mediolanum International Funds Ltd cut its stake in Cisco Systems, Inc. (NASDAQ:CSCO) by 12.3% in the second quarter, Holdings Channel.com reports. The firm owned 699,846 shares of the network equipment provider’s stock after selling 98,025 shares during the quarter. Mediolanum International Funds Ltd’s holdings in Cisco Systems were worth $48,044,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Postrock Partners LLC boosted its position in Cisco Systems by 4.5% during the 2nd quarter. Postrock Partners LLC now owns 3,480 shares of the network equipment provider’s stock worth $241,000 after acquiring an additional 150 shares during the last quarter. Mount Vernon Associates Inc. MD boosted its holdings in Cisco Systems by 0.4% during the second quarter. Mount Vernon Associates Inc. MD now owns 41,379 shares of the network equipment provider’s stock worth $2,871,000 after purchasing an additional 150 shares during the last quarter. Lion Street Advisors LLC boosted its holdings in Cisco Systems by 0.7% during the second quarter. Lion Street Advisors LLC now owns 20,694 shares of the network equipment provider’s stock worth $1,436,000 after purchasing an additional 152 shares during the last quarter. Boyd Watterson Asset Management LLC OH increased its stake in Cisco Systems by 1.5% in the 2nd quarter. Boyd Watterson Asset Management LLC OH now owns 10,445 shares of the network equipment provider’s stock valued at $725,000 after buying an additional 152 shares during the last quarter. Finally, Cordatus Wealth Management LLC lifted its position in Cisco Systems by 0.4% during the 2nd quarter. Cordatus Wealth Management LLC now owns 36,370 shares of the network equipment provider’s stock worth $2,523,000 after buying an additional 152 shares in the last quarter. 73.33% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research firms recently issued reports on CSCO. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Cisco Systems in a research report on Thursday, October 30th. Evercore ISI upped their price objective on Cisco Systems from $74.00 to $80.00 and gave the stock an “in-line” rating in a research note on Thursday, November 13th. Argus increased their price objective on Cisco Systems from $80.00 to $100.00 in a report on Thursday, November 13th. CICC Research boosted their target price on shares of Cisco Systems from $78.00 to $84.00 and gave the stock an “outperform” rating in a report on Friday, November 14th. Finally, Citic Securities increased their price target on shares of Cisco Systems from $75.00 to $90.00 in a research note on Monday. Seventeen equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $84.14.

Insider Activity at Cisco Systems

In related news, EVP Oliver Tuszik sold 17,526 shares of the business’s stock in a transaction that occurred on Friday, September 19th. The stock was sold at an average price of $67.95, for a total value of $1,190,891.70. Following the completion of the sale, the executive vice president directly owned 198,855 shares in the company, valued at approximately $13,512,197.25. The trade was a 8.10% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Charles Robbins sold 281,860 shares of the stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $78.35, for a total value of $22,083,731.00. Following the sale, the chief executive officer directly owned 820,887 shares in the company, valued at $64,316,496.45. This represents a 25.56% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 1,017,988 shares of company stock valued at $79,085,621. 0.01% of the stock is currently owned by company insiders.

Cisco Systems Price Performance

NASDAQ:CSCO opened at $75.44 on Friday. The firm’s fifty day moving average price is $70.65 and its two-hundred day moving average price is $67.95. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.00 and a quick ratio of 0.91. The company has a market cap of $297.29 billion, a P/E ratio of 28.79, a P/E/G ratio of 3.00 and a beta of 0.95. Cisco Systems, Inc. has a one year low of $52.11 and a one year high of $80.06.

Cisco Systems (NASDAQ:CSCO) last announced its earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 EPS for the quarter, topping the consensus estimate of $0.98 by $0.02. The business had revenue of $14.88 billion during the quarter, compared to the consensus estimate of $14.77 billion. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. Cisco Systems’s revenue was up 7.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.91 EPS. Cisco Systems has set its FY 2026 guidance at 4.080-4.140 EPS. Q2 2026 guidance at 1.010-1.030 EPS. Equities analysts expect that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.

Cisco Systems Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 21st. Stockholders of record on Friday, January 2nd will be paid a dividend of $0.41 per share. The ex-dividend date is Friday, January 2nd. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.2%. Cisco Systems’s dividend payout ratio (DPR) is 61.65%.

About Cisco Systems

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.