One Wealth Capital Management LLC raised its stake in Cisco Systems, Inc. (NASDAQ:CSCO – Free Report) by 97.5% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 11,007 shares of the network equipment provider’s stock after buying an additional 5,434 shares during the quarter. One Wealth Capital Management LLC’s holdings in Cisco Systems were worth $1,185,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Mascoma Wealth Management LLC raised its stake in shares of Cisco Systems by 10.5% during the 3rd quarter. Mascoma Wealth Management LLC now owns 1,398 shares of the network equipment provider’s stock worth $150,000 after purchasing an additional 133 shares in the last quarter. Lantern Wealth Advisors LLC lifted its holdings in shares of Cisco Systems by 15.0% during the 3rd quarter. Lantern Wealth Advisors LLC now owns 4,121 shares of the network equipment provider’s stock valued at $444,000 after buying an additional 537 shares during the last quarter. Winthrop Advisory Group LLC grew its stake in shares of Cisco Systems by 2.3% in the 3rd quarter. Winthrop Advisory Group LLC now owns 19,709 shares of the network equipment provider’s stock valued at $2,121,000 after buying an additional 440 shares in the last quarter. Barrett & Company Inc. grew its stake in shares of Cisco Systems by 15.3% in the 3rd quarter. Barrett & Company Inc. now owns 7,342 shares of the network equipment provider’s stock valued at $790,000 after buying an additional 973 shares in the last quarter. Finally, Gibson Capital LLC increased its holdings in Cisco Systems by 78.5% in the third quarter. Gibson Capital LLC now owns 3,179 shares of the network equipment provider’s stock worth $342,000 after buying an additional 1,398 shares during the last quarter. Hedge funds and other institutional investors own 73.33% of the company’s stock.
Analyst Upgrades and Downgrades
CSCO has been the topic of several recent research reports. Morgan Stanley raised their price objective on shares of Cisco Systems from $130.00 to $135.00 and gave the company an “overweight” rating in a research report on Thursday, August 13th. Sanford C. Bernstein started coverage on shares of Cisco Systems in a research report on Wednesday, September 30th. They issued a “market perform” rating and a $110.00 target price for the company. Weiss Ratings restated a “buy (b)” rating on shares of Cisco Systems in a research note on Wednesday, August 26th. Deutsche Bank Aktiengesellschaft started coverage on shares of Cisco Systems in a research note on Tuesday, September 1st. They set a “buy” rating and a $135.00 price target on the stock. Finally, KeyCorp raised their price target on shares of Cisco Systems from $130.00 to $135.00 and gave the company an “overweight” rating in a report on Thursday, August 13th. Three research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $128.52.
Read Our Latest Report on CSCO
Insider Activity
In other news, EVP Deborah L. Stahlkopf sold 6,487 shares of Cisco Systems stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $111.53, for a total value of $723,495.11. Following the transaction, the executive vice president owned 167,116 shares of the company’s stock, valued at $18,638,447.48. This trade represents a 3.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Jeetendra I. Patel sold 7,170 shares of the business’s stock in a transaction on Friday, August 14th. The stock was sold at an average price of $111.57, for a total transaction of $799,956.90. Following the completion of the sale, the insider owned 230,593 shares of the company’s stock, valued at $25,727,261.01. The trade was a 3.02% 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. Over the last ninety days, insiders have sold 44,869 shares of company stock valued at $5,005,620. Insiders own 0.01% of the company’s stock.
Cisco Systems Price Performance
Shares of NASDAQ:CSCO opened at $106.50 on Friday. The stock has a market capitalization of $419.89 billion, a P/E ratio of 31.89, a P/E/G ratio of 2.22 and a beta of 0.99. The business has a 50-day moving average of $110.18 and a two-hundred day moving average of $109.86. Cisco Systems, Inc. has a fifty-two week low of $70.06 and a fifty-two week high of $130.37. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.93 and a quick ratio of 0.79.
Cisco Systems (NASDAQ:CSCO – Get Free Report) last issued its quarterly earnings data on Wednesday, August 12th. The network equipment provider reported $1.22 EPS for the quarter, beating analysts’ consensus estimates of $1.17 by $0.05. The business had revenue of $17.25 billion for the quarter, compared to analyst estimates of $16.84 billion. Cisco Systems had a return on equity of 30.16% and a net margin of 20.95%. The firm’s revenue for the quarter was up 17.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.99 EPS. Cisco Systems has set its FY 2027 guidance at 5.050-5.110 EPS and its Q1 2027 guidance at 1.320-1.340 EPS. On average, equities research analysts predict that Cisco Systems, Inc. will post 4.42 EPS for the current fiscal year.
Cisco Systems Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, October 21st. Investors of record on Friday, October 2nd were issued a $0.42 dividend. This represents a $1.68 annualized dividend and a yield of 1.6%. The ex-dividend date was Friday, October 2nd. Cisco Systems’s payout ratio is 50.30%.
Cisco Systems Profile
Cisco Systems, Inc is a global technology company that develops networking, cybersecurity, collaboration and observability solutions for businesses, government organizations and service providers. Its offerings include routers, switches, wireless networking equipment, data-center infrastructure, security software and services, as well as technologies that support cloud and hybrid IT environments.
The company also provides collaboration tools through its Webex portfolio, cloud-managed networking through Cisco Meraki and security and observability capabilities that include technologies from Splunk, which Cisco acquired in 2024.
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