GRIMES & Co WEALTH MANAGEMENT LLC Cuts Stake in Cisco Systems, Inc. $CSCO

GRIMES & Co WEALTH MANAGEMENT LLC reduced its stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 2.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 242,453 shares of the network equipment provider’s stock after selling 6,247 shares during the period. GRIMES & Co WEALTH MANAGEMENT LLC’s holdings in Cisco Systems were worth $18,676,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. Brighton Jones LLC increased its position in Cisco Systems by 49.5% during the 4th quarter. Brighton Jones LLC now owns 74,187 shares of the network equipment provider’s stock worth $4,392,000 after purchasing an additional 24,562 shares in the last quarter. Revolve Wealth Partners LLC increased its position in Cisco Systems by 37.0% during the 4th quarter. Revolve Wealth Partners LLC now owns 9,156 shares of the network equipment provider’s stock worth $542,000 after purchasing an additional 2,474 shares in the last quarter. Sivia Capital Partners LLC increased its position in Cisco Systems by 7.5% during the 2nd quarter. Sivia Capital Partners LLC now owns 10,178 shares of the network equipment provider’s stock worth $706,000 after purchasing an additional 712 shares in the last quarter. Schnieders Capital Management LLC. increased its position in Cisco Systems by 3.9% during the 2nd quarter. Schnieders Capital Management LLC. now owns 13,974 shares of the network equipment provider’s stock worth $969,000 after purchasing an additional 519 shares in the last quarter. Finally, Marshall Wace LLP increased its position in Cisco Systems by 118.1% during the 2nd quarter. Marshall Wace LLP now owns 90,650 shares of the network equipment provider’s stock worth $6,289,000 after purchasing an additional 590,650 shares in the last quarter. 73.33% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Cisco Systems

In other news, EVP Oliver Tuszik sold 3,132 shares of the firm’s stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $79.74, for a total transaction of $249,745.68. Following the completion of the sale, the executive vice president owned 188,613 shares of the company’s stock, valued at approximately $15,040,000.62. This trade represents a 1.63% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Deborah L. Stahlkopf sold 7,981 shares of the firm’s stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $79.50, for a total transaction of $634,489.50. Following the sale, the executive vice president directly owned 187,097 shares of the company’s stock, valued at $14,874,211.50. The trade was a 4.09% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 46,431 shares of company stock valued at $3,574,820. Corporate insiders own 0.01% of the company’s stock.

Cisco Systems Stock Up 0.6%

Shares of NASDAQ:CSCO opened at $92.16 on Friday. The company has a quick ratio of 0.85, a current ratio of 0.96 and a debt-to-equity ratio of 0.45. Cisco Systems, Inc. has a 52-week low of $59.42 and a 52-week high of $94.71. The company has a 50 day moving average of $82.32 and a two-hundred day moving average of $78.56. The company has a market capitalization of $364.02 billion, a price-to-earnings ratio of 32.34, a price-to-earnings-growth ratio of 3.44 and a beta of 0.92.

Cisco Systems (NASDAQ:CSCO) last issued its quarterly earnings data on Wednesday, February 11th. The network equipment provider reported $1.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.02 by $0.02. Cisco Systems had a net margin of 19.22% and a return on equity of 27.88%. The company had revenue of $15.35 billion during the quarter, compared to the consensus estimate of $15.11 billion. During the same quarter last year, the company earned $0.94 earnings per share. Cisco Systems’s revenue for the quarter was up 9.7% on a year-over-year basis. As a group, analysts forecast that Cisco Systems, Inc. will post 3.42 earnings per share for the current fiscal year.

Cisco Systems Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 22nd. Stockholders of record on Thursday, April 2nd were given a dividend of $0.42 per share. The ex-dividend date of this dividend was Thursday, April 2nd. This is an increase from Cisco Systems’s previous quarterly dividend of $0.41. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.8%. Cisco Systems’s dividend payout ratio is 58.95%.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on CSCO. JPMorgan Chase & Co. increased their target price on shares of Cisco Systems from $95.00 to $96.00 and gave the stock an “overweight” rating in a research report on Thursday, April 16th. HSBC increased their target price on shares of Cisco Systems from $74.00 to $77.00 and gave the stock a “hold” rating in a research report on Friday, February 13th. CICC Research increased their target price on shares of Cisco Systems from $84.00 to $96.00 and gave the stock an “outperform” rating in a research report on Friday, February 13th. BNP Paribas Exane increased their target price on shares of Cisco Systems from $86.00 to $87.00 and gave the stock an “outperform” rating in a research report on Thursday, February 12th. Finally, Citigroup increased their price objective on shares of Cisco Systems from $85.00 to $90.00 and gave the company a “buy” rating in a research report on Thursday, February 12th. Three investment analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $90.29.

Cisco Systems News Roundup

Here are the key news stories impacting Cisco Systems this week:

• Positive Sentiment: Analysts and previews signal a likely Q3 beat and margin focus, which supports upside expectations ahead of the print. Cisco Q3 Earnings Preview
• Positive Sentiment: Consensus research notes growth in earnings expectations and constructive commentary about Cisco’s secular positioning (AI/networking exposure), which underpins higher price targets at some shops. Investment Story Shifting
• Positive Sentiment: Cisco confirmed participation in multiple May–June investor events (J.P. Morgan, etc.), increasing visibility with the financial community and giving management more chances to articulate guidance and margin drivers. Investor Events
• Neutral Sentiment: Research notes show a split analyst narrative — some lift targets while others caution that recent optimism reduces the margin for disappointment; this makes post-earnings guidance the key catalyst. Analyst Views Diverge
• Neutral Sentiment: Macro calendar (inflation data) and its potential impact on guidance and IT spending is a near-term watch item highlighted in week-ahead previews. Week Ahead
• Negative Sentiment: Cisco recently underperformed peers and there were headlines noting a sharp session decline, signaling near-term profit-taking and sensitivity to broader market moves. These short-term flows could amplify volatility into earnings. Stock Drops Despite Market Gains
• Negative Sentiment: MarketWatch flagged underperformance relative to competitors, a reminder that any weak guidance or margin miss could prompt a larger pullback. Underperformance vs. Peers

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.