Border to Coast Pensions Partnership Ltd Has $59.13 Million Stock Position in Cisco Systems, Inc. $CSCO

Key Points

• Border to Coast Pensions Partnership Ltd increased its stake in Cisco Systems by 18.6%, acquiring an additional 133,536 shares during the second quarter, making Cisco approximately 1.1% of its total holdings.
• Cisco reported earnings of $0.99 per share, exceeding analysts' expectations of $0.98 and showing a 7.6% year-over-year revenue growth.
• The company’s quarterly dividend of $0.41 will be paid on October 22nd, reflecting an annualized yield of 2.4% with a payout ratio of 62.60%.

Border to Coast Pensions Partnership Ltd lifted its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 18.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 852,268 shares of the network equipment provider's stock after purchasing an additional 133,536 shares during the quarter. Cisco Systems makes up about 1.1% of Border to Coast Pensions Partnership Ltd's holdings, making the stock its 28th biggest position. Border to Coast Pensions Partnership Ltd's holdings in Cisco Systems were worth $59,130,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the stock. Ashton Thomas Securities LLC lifted its stake in shares of 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 worth $349,000 after buying an additional 159 shares during the last quarter. Central Valley Advisors LLC raised its holdings in Cisco Systems by 2.6% in the 2nd quarter. Central Valley Advisors LLC now owns 6,303 shares of the network equipment provider's stock worth $437,000 after acquiring an additional 159 shares during the period. Capital Advisory Group Advisory Services LLC lifted its position in Cisco Systems by 1.1% during the 2nd quarter. Capital Advisory Group Advisory Services LLC now owns 14,291 shares of the network equipment provider's stock worth $992,000 after acquiring an additional 159 shares during the last quarter. Boltwood Capital Management boosted its holdings in Cisco Systems by 1.4% during the second quarter. Boltwood Capital Management now owns 11,593 shares of the network equipment provider's stock valued at $804,000 after acquiring an additional 160 shares during the period. Finally, Sapient Capital LLC grew its position in shares of Cisco Systems by 0.6% in the second quarter. Sapient Capital LLC now owns 24,957 shares of the network equipment provider's stock valued at $1,732,000 after purchasing an additional 160 shares during the last quarter. Institutional investors own 73.33% of the company's stock.

Cisco Systems Price Performance

NASDAQ CSCO traded down $0.46 during trading hours on Monday, reaching $67.75. 20,383,682 shares of the company's stock were exchanged, compared to its average volume of 21,169,549. The stock has a market cap of $267.83 billion, a PE ratio of 25.86, a price-to-earnings-growth ratio of 2.87 and a beta of 0.99. Cisco Systems, Inc. has a one year low of $51.89 and a one year high of $72.55. The firm has a fifty day moving average of $68.14 and a 200-day moving average of $64.14. 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 released its quarterly earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 EPS for the quarter, topping analysts' consensus estimates of $0.98 by $0.01. The business had revenue of $14.67 billion for the quarter, compared to analyst estimates of $14.63 billion. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.Cisco Systems's revenue for the quarter was up 7.6% on a year-over-year basis. During the same period in the prior year, the company 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. On average, equities research analysts predict that Cisco Systems, Inc. will post 3.04 earnings per share for the current fiscal year.

Cisco Systems Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 22nd. Shareholders 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 dividend on an annualized basis and a dividend yield of 2.4%. Cisco Systems's payout ratio is currently 62.60%.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on CSCO shares. Evercore ISI boosted their price objective on Cisco Systems from $72.00 to $74.00 and gave the stock an "in-line" rating in a research report on Thursday, August 14th. Wolfe Research started coverage on Cisco Systems in a research report on Tuesday, July 8th. They set a "peer perform" rating for the company. KeyCorp began coverage on Cisco Systems in a research report on Thursday, June 26th. They set an "overweight" rating and a $77.00 price objective for the company. Hsbc Global Res cut shares of Cisco Systems from a "strong-buy" rating to a "hold" rating in a research note on Friday, August 15th. Finally, JPMorgan Chase & Co. raised their price target on shares of Cisco Systems from $73.00 to $78.00 and gave the stock an "overweight" rating in a research report on Thursday, July 17th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and ten have given a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $74.53.

Insider Buying and Selling

In other Cisco Systems news, EVP Thimaya K. Subaiya sold 7,511 shares of the business's stock in a transaction dated Wednesday, August 20th. The shares were sold at an average price of $66.84, for a total value of $502,035.24. Following the completion of the transaction, the executive vice president directly owned 161,467 shares of the company's stock, valued at approximately $10,792,454.28. The trade was a 4.44% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Charles Robbins sold 30,557 shares of the business's stock in a transaction dated 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 completion of the transaction, the chief executive officer directly owned 639,000 shares of the company's stock, valued at approximately $42,576,570. This represents a 4.56% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 82,965 shares of company stock valued at $5,559,996. Insiders own 0.01% of the company's stock.

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.