BDF Gestion Decreases Position in Cisco Systems, Inc. $CSCO

Key Points

• BDF Gestion reduced its holdings in Cisco Systems, Inc. by 9.8%, selling 10,507 shares and now possessing a total of 96,441 shares valued at approximately $6.69 million.
• Cisco Systems reported a quarterly EPS of $0.99, slightly exceeding estimates, alongside a year-over-year revenue increase of 7.6% to $14.67 billion.
• 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%.

BDF Gestion decreased its holdings in Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 9.8% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 96,441 shares of the network equipment provider's stock after selling 10,507 shares during the quarter. Cisco Systems comprises about 0.8% of BDF Gestion's portfolio, making the stock its 25th biggest position. BDF Gestion's holdings in Cisco Systems were worth $6,691,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Pandora Wealth Inc. acquired a new stake in shares of Cisco Systems in the 1st quarter worth $31,000. Nova Wealth Management Inc. purchased a new stake in shares of Cisco Systems during the first quarter valued at $31,000. Fairway Wealth LLC grew its holdings in shares of Cisco Systems by 224.7% during the first quarter. Fairway Wealth LLC now owns 578 shares of the network equipment provider's stock valued at $36,000 after buying an additional 400 shares during the last quarter. Accent Capital Management LLC purchased a new stake in shares of Cisco Systems during the first quarter valued at $36,000. Finally, Investment Management Corp VA ADV grew its holdings in shares of Cisco Systems by 145.3% during the first quarter. Investment Management Corp VA ADV now owns 596 shares of the network equipment provider's stock valued at $37,000 after buying an additional 353 shares during the last quarter. Institutional investors and hedge funds own 73.33% of the company's stock.

Cisco Systems Price Performance

CSCO stock traded down $0.47 during mid-day trading on Friday, reaching $68.21. The company's stock had a trading volume of 47,786,669 shares, compared to its average volume of 15,962,866. The stock has a market cap of $269.65 billion, a PE ratio of 26.03, a P/E/G ratio of 2.87 and a beta of 0.99. 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, Inc. has a fifty-two week low of $51.42 and a fifty-two week high of $72.55. The company's 50 day moving average is $68.14 and its two-hundred day moving average is $64.13.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last released its quarterly earnings data 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 company had revenue of $14.67 billion during the quarter, compared to the consensus estimate of $14.63 billion. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. Cisco Systems's quarterly revenue was up 7.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.87 EPS. Cisco Systems has set its Q1 2026 guidance at 0.970-0.990 EPS. FY 2026 guidance at 4.000-4.060 EPS. Equities research analysts expect that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 22nd. Stockholders of record on Friday, October 3rd will be paid a $0.41 dividend. The ex-dividend date of this dividend is Friday, October 3rd. This represents a $1.64 annualized dividend and a dividend yield of 2.4%. Cisco Systems's dividend payout ratio is 62.60%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the stock. Barclays boosted their price objective on shares of Cisco Systems from $66.00 to $71.00 and gave the company an "equal weight" rating in a report on Thursday, August 14th. Wall Street Zen lowered shares of Cisco Systems from a "strong-buy" rating to a "buy" rating in a report on Saturday, July 12th. Morgan Stanley boosted their price objective on shares of Cisco Systems from $67.00 to $70.00 and gave the company an "overweight" rating in a report on Friday, July 18th. Deutsche Bank Aktiengesellschaft raised shares of Cisco Systems from a "hold" rating to a "buy" rating and boosted their price objective for the company from $65.00 to $73.00 in a report on Monday, June 16th. Finally, Evercore ISI boosted their price objective on shares of Cisco Systems from $72.00 to $74.00 and gave the company an "in-line" rating in a report on Thursday, August 14th. One 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's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $74.53.

Insiders Place Their Bets

In other news, SVP Maria Victoria Wong sold 428 shares of the stock in a transaction that occurred on Thursday, September 11th. The shares were sold at an average price of $68.25, for a total value of $29,211.00. Following the completion of the sale, the senior vice president owned 30,619 shares of the company's stock, valued at $2,089,746.75. This represents a 1.38% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Charles Robbins sold 30,557 shares of the stock in a transaction that occurred 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 position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 65,439 shares of company stock worth $4,369,104. 0.01% of the stock is currently owned by company insiders.

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.