Chatham Capital Group Inc. Lowers Position in Cisco Systems, Inc. $CSCO

Key Points

• Chatham Capital Group Inc. has reduced its shares in Cisco Systems by 5.7%, bringing its total holdings to 83,286 shares, worth approximately $5.78 million.
• Multiple institutional investors have increased their stakes in Cisco Systems, including Tempus Wealth Planning LLC, which raised its holdings by 9.9% during the second quarter.
• Cisco reported a quarterly earnings per share of $0.99, exceeding analysts' expectations, and has declared a quarterly dividend of $0.41 per share, with a yield of 2.4%.

Chatham Capital Group Inc. trimmed its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 5.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 83,286 shares of the network equipment provider's stock after selling 5,000 shares during the period. Cisco Systems comprises about 0.9% of Chatham Capital Group Inc.'s portfolio, making the stock its 28th largest position. Chatham Capital Group Inc.'s holdings in Cisco Systems were worth $5,778,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of CSCO. Tempus Wealth Planning LLC raised its stake in Cisco Systems by 9.9% in the second quarter. Tempus Wealth Planning LLC now owns 25,202 shares of the network equipment provider's stock worth $1,748,000 after buying an additional 2,270 shares in the last quarter. LVW Advisors LLC increased its holdings in shares of Cisco Systems by 3.7% in the 2nd quarter. LVW Advisors LLC now owns 49,760 shares of the network equipment provider's stock valued at $3,452,000 after acquiring an additional 1,774 shares during the period. TOWER TRUST & INVESTMENT Co raised its position in shares of Cisco Systems by 3.0% in the 2nd quarter. TOWER TRUST & INVESTMENT Co now owns 16,353 shares of the network equipment provider's stock worth $1,135,000 after acquiring an additional 481 shares in the last quarter. Signature Resources Capital Management LLC lifted its stake in shares of Cisco Systems by 9.9% during the 2nd quarter. Signature Resources Capital Management LLC now owns 5,247 shares of the network equipment provider's stock worth $364,000 after purchasing an additional 472 shares during the last quarter. Finally, Diversified Enterprises LLC boosted its position in Cisco Systems by 9.0% during the second quarter. Diversified Enterprises LLC now owns 12,360 shares of the network equipment provider's stock valued at $858,000 after purchasing an additional 1,017 shares in the last quarter. Institutional investors own 73.33% of the company's stock.

Cisco Systems Price Performance

Shares of NASDAQ CSCO opened at $67.22 on Friday. Cisco Systems, Inc. has a 52 week low of $52.11 and a 52 week high of $72.55. The business's 50 day moving average price is $68.12 and its 200 day moving average price is $64.32. 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 firm has a market cap of $265.73 billion, a P/E ratio of 25.66, a P/E/G ratio of 2.82 and a beta of 0.99.

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 (EPS) for the quarter, topping analysts' consensus estimates 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%. Cisco Systems's revenue for the quarter was up 7.6% compared to the same quarter last year. During the same period last year, the firm posted $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, sell-side analysts expect that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.

Cisco Systems Dividend Announcement

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 given a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend is Friday, October 3rd. Cisco Systems's dividend payout ratio (DPR) is currently 62.60%.

Insider Buying and Selling at Cisco Systems

In related news, CEO Charles Robbins sold 30,557 shares of the firm'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 sale, the chief executive officer directly owned 639,000 shares of the company's stock, valued at $42,576,570. This trade represents a 4.56% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Deborah L. Stahlkopf sold 9,783 shares of the business's stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $66.60, for a total value of $651,547.80. Following the completion of the transaction, the executive vice president directly owned 161,662 shares of the company's stock, valued at $10,766,689.20. The trade was a 5.71% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 82,965 shares of company stock worth $5,559,996. Insiders own 0.01% of the company's stock.

Analyst Ratings Changes

CSCO has been the subject of a number of recent research reports. Bank of America boosted their target price on shares of Cisco Systems from $76.00 to $85.00 and gave the stock a "buy" rating in a report on Thursday, August 14th. UBS Group boosted their price objective on shares of Cisco Systems from $70.00 to $74.00 and gave the stock a "neutral" rating in a research note on Tuesday, August 5th. Morgan Stanley increased their target price on shares of Cisco Systems from $67.00 to $70.00 and gave the company an "overweight" rating in a research report on Friday, July 18th. Deutsche Bank Aktiengesellschaft raised shares of Cisco Systems from a "hold" rating to a "buy" rating and lifted their price target for the stock from $65.00 to $73.00 in a report on Monday, June 16th. Finally, Piper Sandler increased their price objective on Cisco Systems from $64.00 to $70.00 and gave the company a "neutral" 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 assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $74.53.

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.

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