Empowered Funds LLC boosted its stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO – Free Report) by 7.5% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 682,842 shares of the network equipment provider’s stock after buying an additional 47,597 shares during the period. Empowered Funds LLC’s holdings in Cisco Systems were worth $52,982,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds also recently made changes to their positions in CSCO. Signature Resources Capital Management LLC grew its holdings in shares of Cisco Systems by 2.3% during the first quarter. Signature Resources Capital Management LLC now owns 5,061 shares of the network equipment provider’s stock worth $393,000 after buying an additional 116 shares in the last quarter. Smithfield Trust Co lifted its stake in Cisco Systems by 0.3% in the 4th quarter. Smithfield Trust Co now owns 33,666 shares of the network equipment provider’s stock valued at $2,596,000 after acquiring an additional 117 shares in the last quarter. Pacific Sage Partners LLC lifted its stake in Cisco Systems by 0.7% in the 1st quarter. Pacific Sage Partners LLC now owns 16,185 shares of the network equipment provider’s stock valued at $1,256,000 after acquiring an additional 118 shares in the last quarter. Capstone Wealth Management Group LLC boosted its position in Cisco Systems by 3.2% during the 4th quarter. Capstone Wealth Management Group LLC now owns 3,818 shares of the network equipment provider’s stock worth $294,000 after acquiring an additional 120 shares during the last quarter. Finally, Hilton Head Capital Partners LLC boosted its position in Cisco Systems by 0.9% during the 1st quarter. Hilton Head Capital Partners LLC now owns 13,488 shares of the network equipment provider’s stock worth $1,047,000 after acquiring an additional 120 shares during the last quarter. Institutional investors and hedge funds own 73.33% of the company’s stock.
Insider Transactions at Cisco Systems
In other news, EVP Thimaya K. Subaiya sold 7,127 shares of the firm’s stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $119.91, for a total transaction of $854,598.57. Following the completion of the sale, the executive vice president directly owned 140,857 shares of the company’s stock, valued at $16,890,162.87. This trade represents a 4.82% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Deborah L. Stahlkopf sold 6,586 shares of the business’s stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $117.31, for a total transaction of $772,603.66. Following the completion of the transaction, the executive vice president owned 177,223 shares in the company, valued at approximately $20,790,030.13. The trade was a 3.58% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 47,650 shares of company stock worth $5,668,823. Corporate insiders own 0.01% of the company’s stock.
Wall Street Analysts Forecast Growth
Check Out Our Latest Stock Report on Cisco Systems
Cisco Systems Price Performance
CSCO stock opened at $114.57 on Tuesday. The stock has a market cap of $451.57 billion, a price-to-earnings ratio of 37.20, a P/E/G ratio of 2.91 and a beta of 1.02. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.92 and a quick ratio of 0.81. The company has a 50 day simple moving average of $117.88 and a 200 day simple moving average of $94.97. Cisco Systems, Inc. has a 1 year low of $65.75 and a 1 year high of $130.37.
Cisco Systems (NASDAQ:CSCO – Get Free Report) last announced its quarterly earnings results on Wednesday, May 13th. The network equipment provider reported $1.06 EPS for the quarter, beating analysts’ consensus estimates of $1.03 by $0.03. Cisco Systems had a return on equity of 28.44% and a net margin of 20.14%.The firm had revenue of $15.84 billion for the quarter, compared to analyst estimates of $15.56 billion. During the same period last year, the firm posted $0.96 earnings per share. The business’s revenue for the quarter was up 12.0% on a year-over-year basis. Cisco Systems has set its Q4 2026 guidance at 1.160-1.180 EPS and its FY 2026 guidance at 4.270-4.290 EPS. Research analysts anticipate that Cisco Systems, Inc. will post 3.54 EPS for the current fiscal year.
Cisco Systems Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 22nd. Shareholders of record on Monday, July 6th were issued a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date was Monday, July 6th. Cisco Systems’s dividend payout ratio (DPR) is presently 54.55%.
About Cisco Systems
Cisco Systems, Inc is a global technology company that designs, manufactures and sells networking hardware, software and telecommunications equipment. Its core business focuses on enabling enterprise and service-provider networks through products such as routers, switches, network security appliances and wireless systems. Over time Cisco has broadened its portfolio to emphasize software-defined networking, cybersecurity, cloud infrastructure and edge computing solutions that help organizations build and manage modern IT environments.
In addition to hardware, Cisco offers a growing range of software platforms and subscription services for network management, security, analytics and collaboration.
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