Cisco Systems, Inc. $CSCO Shares Acquired by First Fiduciary Investment Counsel Inc.

First Fiduciary Investment Counsel Inc. boosted its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 0.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 186,164 shares of the network equipment provider’s stock after purchasing an additional 417 shares during the period. Cisco Systems makes up approximately 2.6% of First Fiduciary Investment Counsel Inc.’s holdings, making the stock its 16th biggest position. First Fiduciary Investment Counsel Inc.’s holdings in Cisco Systems were worth $12,916,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in CSCO. Brucke Financial Inc. raised its holdings in shares of Cisco Systems by 23.6% during the second quarter. Brucke Financial Inc. now owns 12,013 shares of the network equipment provider’s stock valued at $833,000 after acquiring an additional 2,292 shares during the period. PDS Planning Inc raised its holdings in shares of Cisco Systems by 10.3% during the second quarter. PDS Planning Inc now owns 24,745 shares of the network equipment provider’s stock valued at $1,717,000 after acquiring an additional 2,302 shares during the period. Blue Trust Inc. raised its holdings in shares of Cisco Systems by 0.7% during the second quarter. Blue Trust Inc. now owns 40,025 shares of the network equipment provider’s stock valued at $2,777,000 after acquiring an additional 277 shares during the period. Cascade Investment Group Inc. raised its holdings in shares of Cisco Systems by 9.8% during the second quarter. Cascade Investment Group Inc. now owns 5,277 shares of the network equipment provider’s stock valued at $366,000 after acquiring an additional 473 shares during the period. Finally, Monument Capital Management raised its holdings in shares of Cisco Systems by 18.0% during the second quarter. Monument Capital Management now owns 16,468 shares of the network equipment provider’s stock valued at $1,143,000 after acquiring an additional 2,514 shares during the period. 73.33% of the stock is owned by institutional investors and hedge funds.

Cisco Systems Stock Down 2.9%

Cisco Systems stock opened at $67.94 on Friday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.91 and a current ratio of 1.00. The firm has a market cap of $268.58 billion, a PE ratio of 25.93, a P/E/G ratio of 2.94 and a beta of 0.97. Cisco Systems, Inc. has a twelve month low of $52.11 and a twelve month high of $72.55. The firm’s 50 day moving average price is $68.24 and its two-hundred day moving average price is $64.86.

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

Cisco Systems Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 22nd. Shareholders of record on Friday, October 3rd will be given a $0.41 dividend. This represents a $1.64 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend is Friday, October 3rd. Cisco Systems’s payout ratio is currently 62.60%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. Morgan Stanley boosted their price target on shares of Cisco Systems from $73.00 to $77.00 and gave the company an “overweight” rating in a report on Friday. Deutsche Bank Aktiengesellschaft upgraded shares of Cisco Systems from a “hold” rating to a “buy” rating and boosted their price target for the company from $65.00 to $73.00 in a report on Monday, June 16th. Wells Fargo & Company upped their price objective on shares of Cisco Systems from $75.00 to $83.00 and gave the company an “overweight” rating in a research note on Thursday, August 14th. Hsbc Global Res lowered shares of Cisco Systems from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 15th. Finally, UBS Group upped their price objective on shares of Cisco Systems from $70.00 to $74.00 and gave the company a “neutral” rating in a research note on Tuesday, August 5th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat, Cisco Systems currently has an average rating of “Moderate Buy” and an average target price of $74.89.

Insider Buying and Selling

In other Cisco Systems news, EVP Oliver Tuszik sold 17,526 shares of the business’s stock in a transaction that occurred on Friday, September 19th. The shares were 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 of the company’s stock, valued at $13,512,197.25. The trade was a 8.10% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 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 completion of the sale, the executive vice president directly owned 158,009 shares of the company’s stock, valued at $10,551,841.02. This represents a 1.09% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over 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 company insiders.

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.