Cisco Systems, Inc. $CSCO Position Cut by Quadrant Private Wealth Management LLC

Quadrant Private Wealth Management LLC lowered its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 74.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,436 shares of the network equipment provider’s stock after selling 38,689 shares during the period. Quadrant Private Wealth Management LLC’s holdings in Cisco Systems were worth $919,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Bare Financial Services Inc boosted its holdings in shares of Cisco Systems by 531.0% in the second quarter. Bare Financial Services Inc now owns 366 shares of the network equipment provider’s stock valued at $25,000 after acquiring an additional 308 shares in the last quarter. Marquette Asset Management LLC bought a new position in Cisco Systems during the third quarter valued at about $25,000. Financial Connections Group Inc. grew its holdings in Cisco Systems by 89.4% during the second quarter. Financial Connections Group Inc. now owns 409 shares of the network equipment provider’s stock worth $28,000 after acquiring an additional 193 shares during the period. Legacy Investment Solutions LLC acquired a new stake in Cisco Systems in the 2nd quarter valued at about $28,000. Finally, Lowe Wealth Advisors LLC lifted its holdings in Cisco Systems by 96.2% in the 3rd quarter. Lowe Wealth Advisors LLC now owns 408 shares of the network equipment provider’s stock valued at $28,000 after acquiring an additional 200 shares during the last quarter. 73.33% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

CSCO has been the topic of a number of research reports. Erste Group Bank upgraded shares of Cisco Systems from a “hold” rating to a “buy” rating in a report on Monday, November 10th. BNP Paribas Exane lifted their price objective on shares of Cisco Systems from $76.00 to $86.00 and gave the stock an “outperform” rating in a research report on Thursday, November 13th. HSBC increased their target price on Cisco Systems from $69.00 to $74.00 and gave the company a “hold” rating in a report on Friday, November 14th. Citic Securities upped their price objective on shares of Cisco Systems from $75.00 to $90.00 in a research note on Monday, November 17th. Finally, KeyCorp lifted their price target on Cisco Systems from $77.00 to $87.00 and gave the company an “overweight” rating in a report on Thursday, November 13th. Fifteen research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $85.86.

Insider Buying and Selling at Cisco Systems

In other news, EVP Deborah L. Stahlkopf sold 164,584 shares of the company’s stock in a transaction dated Friday, November 14th. The shares were sold at an average price of $77.85, for a total value of $12,812,864.40. Following the sale, the executive vice president owned 196,738 shares of the company’s stock, valued at approximately $15,316,053.30. This represents a 45.55% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Thimaya K. Subaiya sold 56,038 shares of Cisco Systems stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $78.33, for a total transaction of $4,389,456.54. Following the transaction, the executive vice president directly owned 179,780 shares of the company’s stock, valued at $14,082,167.40. This represents a 23.76% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,044,865 shares of company stock worth $81,397,635 over the last three months. 0.01% of the stock is currently owned by insiders.

Cisco Systems Trading Up 0.9%

Cisco Systems stock opened at $74.33 on Friday. The business has a 50 day moving average price of $76.69 and a two-hundred day moving average price of $71.70. The company has a quick ratio of 0.83, a current ratio of 0.93 and a debt-to-equity ratio of 0.46. The stock has a market cap of $293.68 billion, a price-to-earnings ratio of 27.94, a price-to-earnings-growth ratio of 2.79 and a beta of 0.87. Cisco Systems, Inc. has a 12 month low of $52.11 and a 12 month high of $80.82.

Cisco Systems (NASDAQ:CSCO) last posted its quarterly earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 earnings per share for the quarter, topping analysts’ consensus estimates of $0.98 by $0.02. Cisco Systems had a net margin of 18.38% and a return on equity of 27.29%. The firm had revenue of $14.88 billion for the quarter, compared to the consensus estimate of $14.77 billion. During the same quarter in the previous year, the company earned $0.91 earnings per share. The business’s revenue was up 7.5% compared to the same quarter last year. 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, equities analysts forecast that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 21st. Stockholders of record on Friday, January 2nd were issued a $0.41 dividend. The ex-dividend date of this dividend was 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 is presently 61.65%.

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.