Balefire LLC Takes Position in Cisco Systems, Inc. $CSCO

Key Points

• Balefire LLC acquired 5,485 shares of Cisco Systems, valued at approximately $381,000, during the second quarter, reflecting ongoing interest from institutional investors.
• Cisco reported a net margin of 18.45% and surpassed earnings expectations with a quarterly EPS of $0.99, up from $0.87 in the previous year.
• The company announced a quarterly dividend of $0.41 per share, set to be paid on October 22nd, representing an annual yield of 2.4%.

Balefire LLC bought a new position in Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 5,485 shares of the network equipment provider's stock, valued at approximately $381,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Mpwm Advisory Solutions LLC purchased a new position in shares of Cisco Systems in the fourth quarter worth about $26,000. JDM Financial Group LLC grew its holdings in shares of Cisco Systems by 160.4% during the fourth quarter. JDM Financial Group LLC now owns 487 shares of the network equipment provider's stock worth $29,000 after purchasing an additional 300 shares in the last quarter. Pandora Wealth Inc. purchased a new position in shares of Cisco Systems during the first quarter worth about $31,000. Nova Wealth Management Inc. purchased a new position in Cisco Systems in the 1st quarter worth approximately $31,000. Finally, Fairway Wealth LLC grew its stake in Cisco Systems by 224.7% in the 1st quarter. Fairway Wealth LLC now owns 578 shares of the network equipment provider's stock worth $36,000 after buying an additional 400 shares in the last quarter. 73.33% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, SVP Maria Victoria Wong sold 3,162 shares of Cisco Systems stock in a transaction that occurred on Monday, August 25th. The stock was sold at an average price of $67.28, for a total value of $212,739.36. Following the completion of the transaction, the senior vice president owned 31,468 shares in the company, valued at approximately $2,117,167.04. The trade was a 9.13% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Charles Robbins sold 30,557 shares of Cisco Systems stock in a transaction on Friday, August 15th. The stock was sold at an average price of $66.63, for a total transaction of $2,036,012.91. Following the transaction, the chief executive officer directly owned 639,000 shares of the company's stock, valued at $42,576,570. The trade was a 4.56% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 65,439 shares of company stock worth $4,369,104. Insiders own 0.01% of the company's stock.

Cisco Systems Stock Performance

NASDAQ CSCO traded down $0.47 on Friday, reaching $68.21. 47,786,669 shares of the stock were exchanged, compared to its average volume of 15,962,866. Cisco Systems, Inc. has a one year low of $51.42 and a one year high of $72.55. The firm has a market capitalization of $269.65 billion, a PE ratio of 26.03, a PEG ratio of 2.87 and a beta of 0.99. The company's 50-day simple moving average is $68.14 and its two-hundred day simple moving average is $64.13. The company has a current ratio of 1.00, a quick ratio of 0.91 and a debt-to-equity ratio of 0.49.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last posted its quarterly earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 EPS for the quarter, beating analysts' consensus estimates of $0.98 by $0.01. The business had revenue of $14.67 billion for the quarter, compared to analysts' expectations of $14.63 billion. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The business's quarterly revenue was up 7.6% on a year-over-year basis. During the same period last year, the firm earned $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. Analysts expect that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.

Cisco Systems Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 22nd. Investors of record on Friday, October 3rd will be issued a $0.41 dividend. The ex-dividend date of this dividend is Friday, October 3rd. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.4%. Cisco Systems's dividend payout ratio (DPR) is 62.60%.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on CSCO. CICC Research started coverage on Cisco Systems in a report on Monday, July 14th. They issued an "outperform" rating and a $78.00 price objective for the company. KeyCorp started coverage on Cisco Systems in a report on Thursday, June 26th. They set an "overweight" rating and a $77.00 target price for the company. Wolfe Research began coverage on Cisco Systems in a report on Tuesday, July 8th. They set a "peer perform" rating for the company. JPMorgan Chase & Co. increased their price objective on Cisco Systems from $73.00 to $78.00 and gave the company an "overweight" rating in a research note on Thursday, July 17th. Finally, Barclays increased their price target on shares of Cisco Systems from $66.00 to $71.00 and gave the company an "equal weight" rating in a research report on Thursday, August 14th. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and ten have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $74.53.

Cisco Systems Company Profile

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.