Caitlin John LLC Purchases Shares of 21,698 Cisco Systems, Inc. $CSCO

Key Points

• Caitlin John LLC has acquired 21,698 shares of Cisco Systems, valued at approximately $1.5 million, making it the 18th largest position in its portfolio.
• Analysts have mixed ratings on Cisco, with a consensus rating of "Moderate Buy" and an average target price of $74.53, while the stock currently trades around $68.21.
• Cisco recently reported quarterly earnings of $0.99 per share, exceeding estimates, and has announced a quarterly dividend of $0.41 per share with a yield of 2.4%.

Caitlin John LLC acquired a new position in shares of Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 21,698 shares of the network equipment provider's stock, valued at approximately $1,505,000. Cisco Systems accounts for about 1.4% of Caitlin John LLC's holdings, making the stock its 18th largest position.

A number of other institutional investors and hedge funds also recently modified their holdings of CSCO. Pandora Wealth Inc. bought a new position in Cisco Systems during the first quarter worth about $31,000. Nova Wealth Management Inc. acquired a new position in shares of Cisco Systems in the 1st quarter valued at $31,000. Fairway Wealth LLC lifted its position in Cisco Systems by 224.7% during 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. Accent Capital Management LLC bought a new stake in Cisco Systems during the 1st quarter worth about $36,000. Finally, Investment Management Corp VA ADV raised its holdings in shares of Cisco Systems by 145.3% in the 1st quarter. Investment Management Corp VA ADV now owns 596 shares of the network equipment provider's stock valued at $37,000 after purchasing an additional 353 shares during the period. Institutional investors and hedge funds own 73.33% of the company's stock.

Cisco Systems Stock Performance

CSCO traded down $0.46 during trading on Monday, hitting $67.75. 20,383,682 shares of the stock were exchanged, compared to its average volume of 17,512,462. The firm has a market capitalization of $267.83 billion, a P/E ratio of 25.86, a PEG ratio of 2.87 and a beta of 0.99. The company has a quick ratio of 0.91, a current ratio of 1.00 and a debt-to-equity ratio of 0.49. The stock has a fifty day moving average price of $68.14 and a two-hundred day moving average price of $64.17. Cisco Systems, Inc. has a 1-year low of $51.89 and a 1-year high of $72.55.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last posted its 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 company had revenue of $14.67 billion for the quarter, compared to the consensus estimate of $14.63 billion. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.Cisco Systems's quarterly revenue was up 7.6% compared to the same quarter last year. During the same period in the previous 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. As a group, sell-side analysts predict that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.

Cisco Systems Announces Dividend

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

Analyst Ratings Changes

Several research analysts recently weighed in on CSCO shares. JPMorgan Chase & Co. boosted their price target 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. Hsbc Global Res lowered shares of Cisco Systems from a "strong-buy" rating to a "hold" rating in a report on Friday, August 15th. KeyCorp initiated coverage on shares of Cisco Systems in a research note on Thursday, June 26th. They issued an "overweight" rating and a $77.00 price target for the company. UBS Group raised their price target on shares of Cisco Systems from $70.00 to $74.00 and gave the company a "neutral" rating in a report on Tuesday, August 5th. Finally, Morgan Stanley raised their price objective on shares of Cisco Systems from $67.00 to $70.00 and gave the stock an "overweight" rating in a report on Friday, July 18th. 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 company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $74.53.

Insider Activity

In other Cisco Systems news, SVP Maria Victoria Wong sold 428 shares of the firm's stock in a transaction that occurred on Thursday, September 11th. The stock was sold at an average price of $68.25, for a total transaction of $29,211.00. Following the completion of the sale, the senior vice president owned 30,619 shares in the company, valued at $2,089,746.75. This trade represents a 1.38% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Oliver Tuszik sold 17,526 shares of the business's stock in a transaction that occurred on Friday, September 19th. The shares were sold at an average price of $67.95, for a total value of $1,190,891.70. Following the completion of the sale, the executive vice president owned 198,855 shares of the company's stock, valued at $13,512,197.25. This trade represents a 8.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 82,965 shares of company stock worth $5,559,996 over the last quarter. Corporate insiders own 0.01% of the company's stock.

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.