Blair William & Co. IL Has $55.94 Million Position in Cisco Systems, Inc. $CSCO

Key Points

• Blair William & Co. IL increased its stake in Cisco Systems by 5.3%, holding a total of 806,310 shares valued at approximately $55.94 million as of the latest reporting period.
• Cisco reported earnings of $0.99 per share for the last quarter, exceeding estimates, and achieved a revenue of $14.67 billion, reflecting a 7.6% year-over-year growth.
• The company declared a quarterly dividend of $0.41 per share, with an upcoming payment date of October 22, representing an annual yield of 2.3%.

Blair William & Co. IL lifted its stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 5.3% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 806,310 shares of the network equipment provider's stock after acquiring an additional 40,585 shares during the period. Blair William & Co. IL's holdings in Cisco Systems were worth $55,942,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Pandora Wealth Inc. acquired a new position in Cisco Systems during the first quarter worth $31,000. Nova Wealth Management Inc. acquired a new position in Cisco Systems during the first quarter worth $31,000. Brown Shipley& Co Ltd acquired a new position in Cisco Systems during the second quarter worth $32,000. Fairway Wealth LLC raised its holdings in Cisco Systems by 224.7% during the first quarter. Fairway Wealth LLC now owns 578 shares of the network equipment provider's stock worth $36,000 after buying an additional 400 shares during the last quarter. Finally, Accent Capital Management LLC acquired a new position in Cisco Systems during the first quarter worth $36,000. Institutional investors and hedge funds own 73.33% of the company's stock.

Cisco Systems Price Performance

CSCO opened at $69.96 on Friday. The firm has a market cap of $276.57 billion, a P/E ratio of 26.70, a PEG ratio of 2.96 and a beta of 0.97. The firm has a 50-day moving average of $68.22 and a 200 day moving average of $64.81. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.91 and a current ratio of 1.00. Cisco Systems, Inc. has a fifty-two week low of $52.11 and a fifty-two week high of $72.55.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last posted 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. The company had revenue of $14.67 billion during the quarter, compared to analyst estimates of $14.63 billion. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. The firm's revenue for the quarter was up 7.6% on a year-over-year basis. During the same quarter in the prior year, the business 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. On average, research analysts expect that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 22nd. Investors of record on Friday, October 3rd will be given a dividend of $0.41 per share. The ex-dividend date is Friday, October 3rd. This represents a $1.64 annualized dividend and a yield of 2.3%. Cisco Systems's dividend payout ratio is presently 62.60%.

Wall Street Analyst Weigh In

CSCO has been the topic of several research reports. HSBC restated a "hold" rating and set a $69.00 price objective on shares of Cisco Systems in a report on Friday, August 15th. JPMorgan Chase & Co. upped their price objective on shares of Cisco Systems from $73.00 to $78.00 and gave the stock an "overweight" rating in a report on Thursday, July 17th. KeyCorp assumed coverage on shares of Cisco Systems in a report on Thursday, June 26th. They issued an "overweight" rating and a $77.00 target price for the company. Wall Street Zen downgraded shares of Cisco Systems from a "strong-buy" rating to a "buy" rating in a report on Saturday, July 12th. Finally, William Blair upgraded shares of Cisco Systems to a "hold" rating in a report on Thursday, August 14th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $74.53.

Insider Activity

In other Cisco Systems news, CEO Charles Robbins sold 30,557 shares of the stock in a transaction dated 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 completion of the transaction, the chief executive officer owned 639,000 shares in the company, valued at $42,576,570. This trade represents a 4.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Oliver Tuszik sold 17,526 shares of the stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $67.95, for a total transaction of $1,190,891.70. Following the transaction, the executive vice president owned 198,855 shares of the company's stock, valued at $13,512,197.25. This represents a 8.10% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 82,965 shares of company stock valued at $5,559,996. 0.01% of the stock is currently owned by corporate 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.

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