Arlington Trust Co LLC Has $1.24 Million Stake in Cisco Systems, Inc. $CSCO

Key Points

• Arlington Trust Co LLC increased its stake in Cisco Systems, Inc. by 28.2% in the second quarter, bringing its total holding to 17,798 shares valued at $1.24 million.
• Cisco's latest quarterly earnings report revealed an EPS of $0.99, exceeding expectations of $0.98, with a revenue of $14.67 billion for the quarter.
• The company recently declared a quarterly dividend of $0.41 per share, with a dividend yield of 2.5%, scheduled for payment on October 22nd.

Arlington Trust Co LLC boosted its stake in Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 28.2% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 17,798 shares of the network equipment provider's stock after purchasing an additional 3,911 shares during the period. Arlington Trust Co LLC's holdings in Cisco Systems were worth $1,235,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Ashton Thomas Securities LLC increased its holdings in Cisco Systems by 2.9% in the first quarter. Ashton Thomas Securities LLC now owns 5,654 shares of the network equipment provider's stock valued at $349,000 after purchasing an additional 159 shares during the period. Boltwood Capital Management grew its holdings in Cisco Systems by 1.4% during the 2nd quarter. Boltwood Capital Management now owns 11,593 shares of the network equipment provider's stock worth $804,000 after acquiring an additional 160 shares during the period. Greenline Partners LLC grew its holdings in Cisco Systems by 0.5% during the 1st quarter. Greenline Partners LLC now owns 32,570 shares of the network equipment provider's stock worth $2,010,000 after acquiring an additional 162 shares during the period. Legacy Financial Group Inc. grew its holdings in Cisco Systems by 3.4% during the 4th quarter. Legacy Financial Group Inc. now owns 5,100 shares of the network equipment provider's stock worth $302,000 after acquiring an additional 169 shares during the period. Finally, Birchbrook Inc. grew its holdings in Cisco Systems by 6.3% during the 1st quarter. Birchbrook Inc. now owns 2,964 shares of the network equipment provider's stock worth $183,000 after acquiring an additional 176 shares during the period. 73.33% of the stock is currently owned by institutional investors and hedge funds.

Cisco Systems Price Performance

Shares of NASDAQ CSCO opened at $66.53 on Monday. Cisco Systems, Inc. has a fifty-two week low of $49.67 and a fifty-two week high of $72.55. The stock has a market cap of $263.01 billion, a price-to-earnings ratio of 25.39, a PEG ratio of 2.80 and a beta of 0.99. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.91 and a current ratio of 1.00. The firm's 50-day simple moving average is $68.24 and its 200 day simple moving average is $64.00.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last announced its quarterly earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share for the quarter, beating the consensus estimate of $0.98 by $0.01. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. The business had revenue of $14.67 billion for the quarter, compared to analysts' expectations of $14.63 billion. During the same quarter last year, the firm earned $0.87 EPS. The firm's revenue for the quarter was up 7.6% compared to the same quarter last year. Cisco Systems has set its Q1 2026 guidance at 0.970-0.990 EPS. FY 2026 guidance at 4.000-4.060 EPS. As a group, research analysts anticipate that Cisco Systems, Inc. will post 3.04 earnings per share for the current fiscal year.

Cisco Systems Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 22nd. Shareholders of record on Friday, October 3rd will be given a dividend of $0.41 per share. The ex-dividend date of this dividend is Friday, October 3rd. This represents a $1.64 annualized dividend and a dividend yield of 2.5%. Cisco Systems's dividend payout ratio (DPR) is currently 62.60%.

Insider Activity

In other Cisco Systems news, CEO Charles Robbins sold 30,557 shares of Cisco Systems stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $66.63, for a total transaction of $2,036,012.91. Following the transaction, the chief executive officer owned 639,000 shares of the company's stock, valued at $42,576,570. This trade represents a 4.56% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Thimaya K. Subaiya sold 8,726 shares of Cisco Systems stock in a transaction that occurred on Tuesday, June 17th. The stock was sold at an average price of $65.54, for a total transaction of $571,902.04. Following the transaction, the executive vice president directly owned 174,669 shares in the company, valued at approximately $11,447,806.26. This represents a 4.76% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 88,099 shares of company stock worth $5,851,765. Corporate insiders own 0.01% of the company's stock.

Analyst Upgrades and Downgrades

CSCO has been the subject of a number of recent analyst reports. Wells Fargo & Company increased their price target on Cisco Systems from $75.00 to $83.00 and gave the stock an "overweight" rating in a report on Thursday, August 14th. HSBC reiterated a "hold" rating and set a $69.00 price target on shares of Cisco Systems in a report on Friday, August 15th. Piper Sandler increased their price target on Cisco Systems from $64.00 to $70.00 and gave the stock a "neutral" rating in a report on Thursday, August 14th. Bank of America increased their price target on Cisco Systems from $76.00 to $85.00 and gave the stock a "buy" rating in a report on Thursday, August 14th. Finally, Wolfe Research started coverage on Cisco Systems in a report on Tuesday, July 8th. They set a "peer perform" rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat, Cisco Systems currently has an average rating of "Moderate Buy" and an average target price of $74.53.

Cisco Systems 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.

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