Cisco Systems, Inc. $CSCO is Advocate Group LLC's 7th Largest Position

Key Points

• Advocate Group LLC decreased its stake in Cisco Systems, Inc. by 2.2% during the 2nd quarter, making Cisco its 7th largest position with shares valued at approximately $13.52 million.
• The company reported $0.99 EPS for the last quarter, beating expectations, and its quarterly revenue increased by 7.6% year-over-year.
• Cisco Systems declared a quarterly dividend of $0.41 per share, with an annualized yield of 2.4% and a dividend payout ratio of 62.60%.

Advocate Group LLC lessened its stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 2.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 194,866 shares of the network equipment provider's stock after selling 4,346 shares during the quarter. Cisco Systems comprises approximately 2.4% of Advocate Group LLC's portfolio, making the stock its 7th biggest position. Advocate Group LLC's holdings in Cisco Systems were worth $13,520,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Postrock Partners LLC raised its holdings in shares of Cisco Systems by 4.5% in the 2nd quarter. Postrock Partners LLC now owns 3,480 shares of the network equipment provider's stock worth $241,000 after purchasing an additional 150 shares during the period. Mount Vernon Associates Inc. MD grew its position in shares of Cisco Systems by 0.4% in the 2nd quarter. Mount Vernon Associates Inc. MD now owns 41,379 shares of the network equipment provider's stock worth $2,871,000 after acquiring an additional 150 shares in the last quarter. Pacifica Partners Inc. lifted its holdings in shares of Cisco Systems by 0.5% in the 2nd quarter. Pacifica Partners Inc. now owns 34,060 shares of the network equipment provider's stock worth $2,338,000 after purchasing an additional 155 shares during the last quarter. Pacific Sage Partners LLC lifted its holdings in shares of Cisco Systems by 0.9% in the 2nd quarter. Pacific Sage Partners LLC now owns 16,746 shares of the network equipment provider's stock worth $1,162,000 after purchasing an additional 156 shares during the last quarter. Finally, Childress Capital Advisors LLC raised its stake in Cisco Systems by 0.8% during the 2nd quarter. Childress Capital Advisors LLC now owns 18,806 shares of the network equipment provider's stock valued at $1,305,000 after acquiring an additional 157 shares in the last quarter. Institutional investors and hedge funds own 73.33% of the company's stock.

Insider Activity

In related news, EVP Deborah L. Stahlkopf sold 2,718 shares of the firm's stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $68.08, for a total value of $185,041.44. Following the transaction, the executive vice president owned 157,184 shares of the company's stock, valued at approximately $10,701,086.72. This trade represents a 1.70% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Thimaya K. Subaiya sold 1,744 shares of the firm's stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $66.78, for a total transaction of $116,464.32. Following the completion of the transaction, the executive vice president directly owned 158,009 shares in the company, valued at approximately $10,551,841.02. The trade was a 1.09% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 82,965 shares of company stock worth $5,559,996. 0.01% of the stock is owned by insiders.

Cisco Systems Stock Performance

CSCO stock opened at $67.94 on Friday. The company has a market cap of $268.58 billion, a P/E ratio of 25.93, a price-to-earnings-growth ratio of 2.86 and a beta of 0.97. Cisco Systems, Inc. has a twelve month low of $52.11 and a twelve month high of $72.55. 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 business's fifty day moving average is $68.24 and its 200-day moving average is $64.88.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last released its quarterly earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.98 by $0.01. The firm 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%.The company's revenue for the quarter was up 7.6% on a year-over-year basis. During the same quarter last year, the business 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. Equities research analysts forecast that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Announces Dividend

The firm 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 dividend of $0.41 per share. 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 (DPR) is presently 62.60%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the company. Piper Sandler upped their target price on Cisco Systems from $64.00 to $70.00 and gave the company a "neutral" rating in a report on Thursday, August 14th. Bank of America boosted their target price on Cisco Systems from $76.00 to $85.00 and gave the company a "buy" rating in a research note on Thursday, August 14th. Morgan Stanley boosted their price target on Cisco Systems from $73.00 to $77.00 and gave the stock an "overweight" rating in a research report on Friday. William Blair raised Cisco Systems to a "hold" rating in a research report on Thursday, August 14th. Finally, CICC Research began coverage on Cisco Systems in a report on Monday, July 14th. They issued an "outperform" rating and a $78.00 price target for the company. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and ten have assigned a Hold rating to the company's stock. According to data from MarketBeat, Cisco Systems has a consensus rating of "Moderate Buy" and a consensus target price of $74.89.

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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