64,135 Shares in Cisco Systems, Inc. $CSCO Purchased by Stance Capital LLC

Stance Capital LLC bought a new stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 64,135 shares of the network equipment provider’s stock, valued at approximately $4,450,000. Cisco Systems makes up about 1.7% of Stance Capital LLC’s holdings, making the stock its 3rd biggest holding.

Other institutional investors and hedge funds have also bought and sold shares of the company. Postrock Partners LLC raised its holdings in shares of Cisco Systems by 4.5% in the 2nd quarter. Postrock Partners LLC now owns 3,480 shares of the network equipment provider’s stock valued at $241,000 after acquiring an additional 150 shares in the last quarter. Mount Vernon Associates Inc. MD raised its stake in Cisco Systems by 0.4% in the second quarter. Mount Vernon Associates Inc. MD now owns 41,379 shares of the network equipment provider’s stock valued at $2,871,000 after purchasing an additional 150 shares in the last quarter. Old North State Trust LLC lifted its position in Cisco Systems by 0.6% during the second quarter. Old North State Trust LLC now owns 24,534 shares of the network equipment provider’s stock valued at $1,702,000 after purchasing an additional 151 shares during the last quarter. Lion Street Advisors LLC grew its position in Cisco Systems by 0.7% in the second quarter. Lion Street Advisors LLC now owns 20,694 shares of the network equipment provider’s stock worth $1,436,000 after acquiring an additional 152 shares in the last quarter. Finally, Boyd Watterson Asset Management LLC OH raised its position in Cisco Systems by 1.5% during the second quarter. Boyd Watterson Asset Management LLC OH now owns 10,445 shares of the network equipment provider’s stock valued at $725,000 after purchasing an additional 152 shares in the last quarter. 73.33% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, 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 completion of the transaction, the chief executive officer owned 820,887 shares of the company’s stock, valued at approximately $64,316,496.45. This represents a 25.56% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Jeetendra I. Patel sold 163,896 shares of the firm’s stock in a transaction that occurred on Friday, November 14th. The shares were sold at an average price of $77.86, for a total value of $12,760,942.56. Following the completion of the transaction, the insider owned 281,108 shares of the company’s stock, valued at approximately $21,887,068.88. The trade was a 36.83% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 1,021,910 shares of company stock worth $79,463,804. Company insiders own 0.01% of the company’s stock.

Cisco Systems Stock Performance

Shares of CSCO stock opened at $77.80 on Friday. The firm has a market capitalization of $307.39 billion, a price-to-earnings ratio of 29.25, a PEG ratio of 2.94 and a beta of 0.87. The stock has a fifty day moving average of $73.77 and a 200 day moving average of $69.73. Cisco Systems, Inc. has a 52 week low of $52.11 and a 52 week high of $80.82. The company has a quick ratio of 0.83, a current ratio of 0.93 and a debt-to-equity ratio of 0.46.

Cisco Systems (NASDAQ:CSCO) last issued its quarterly earnings data 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. Cisco Systems had a net margin of 18.38% and a return on equity of 27.29%. The business had revenue of $14.88 billion during the quarter, compared to analyst estimates of $14.77 billion. During the same period in the prior year, the business earned $0.91 EPS. The company’s revenue for the quarter was up 7.5% on a year-over-year basis. Cisco Systems has set its FY 2026 guidance at 4.080-4.140 EPS and its Q2 2026 guidance at 1.010-1.030 EPS. As a group, research 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 disclosed a quarterly dividend, which will be paid on Wednesday, January 21st. Shareholders of record on Friday, January 2nd will be given a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend is Friday, January 2nd. Cisco Systems’s payout ratio is presently 61.65%.

Analyst Ratings Changes

Several research firms have commented on CSCO. KeyCorp boosted their price objective on shares of Cisco Systems from $77.00 to $87.00 and gave the stock an “overweight” rating in a report on Thursday, November 13th. Citic Securities lifted their target price on shares of Cisco Systems from $75.00 to $90.00 in a research report on Monday, November 17th. Melius Research lifted their price objective on Cisco Systems from $84.00 to $100.00 and gave the stock a “buy” rating in a report on Thursday, November 13th. Erste Group Bank raised Cisco Systems from a “hold” rating to a “buy” rating in a research note on Monday, November 10th. Finally, Barclays raised their price target on Cisco Systems from $71.00 to $76.00 and gave the stock an “equal weight” rating in a research report on Thursday, November 13th. Seventeen equities research analysts have rated the stock with a Buy rating and nine have issued 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 $84.14.

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.