Cisco Systems, Inc. $CSCO Shares Acquired by Bill Few Associates Inc.

Key Points

• Bill Few Associates Inc. increased its holdings in Cisco Systems, raising its stake by 47.1% to own a total of 56,515 shares, valued at approximately $3.9 million.
• Several institutional investors have also boosted their stakes in Cisco, with MOKAN Wealth Management Inc., Ellis Investment Partners LLC, and others increasing their investments during the second quarter.
• Cisco announced a quarterly dividend of $0.41 per share, with an ex-dividend date of October 3rd and an annualized yield of 2.4%.

Bill Few Associates Inc. raised its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 47.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 56,515 shares of the network equipment provider's stock after purchasing an additional 18,106 shares during the period. Cisco Systems comprises about 1.1% of Bill Few Associates Inc.'s portfolio, making the stock its 25th largest holding. Bill Few Associates Inc.'s holdings in Cisco Systems were worth $3,921,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. MOKAN Wealth Management Inc. increased its stake in Cisco Systems by 9.1% during the second quarter. MOKAN Wealth Management Inc. now owns 11,217 shares of the network equipment provider's stock valued at $778,000 after purchasing an additional 940 shares during the last quarter. Ellis Investment Partners LLC increased its stake in Cisco Systems by 4.8% during the second quarter. Ellis Investment Partners LLC now owns 7,667 shares of the network equipment provider's stock valued at $532,000 after purchasing an additional 349 shares during the last quarter. M3 Advisory Group LLC increased its stake in Cisco Systems by 6.9% during the second quarter. M3 Advisory Group LLC now owns 4,312 shares of the network equipment provider's stock valued at $299,000 after purchasing an additional 280 shares during the last quarter. Libra Wealth LLC increased its stake in Cisco Systems by 9.5% during the second quarter. Libra Wealth LLC now owns 4,344 shares of the network equipment provider's stock valued at $301,000 after purchasing an additional 378 shares during the last quarter. Finally, SPC Financial Inc. increased its stake in Cisco Systems by 1.5% during the second quarter. SPC Financial Inc. now owns 49,407 shares of the network equipment provider's stock valued at $3,428,000 after purchasing an additional 753 shares during the last quarter. Institutional investors own 73.33% of the company's stock.

Insider Buying and Selling

In other Cisco Systems news, EVP Oliver Tuszik sold 17,526 shares of the company's stock in a transaction dated 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 directly owned 198,855 shares of the company's stock, valued at approximately $13,512,197.25. This represents a 8.10% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Thimaya K. Subaiya sold 1,744 shares of the company'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 sale, the executive vice president directly owned 158,009 shares of the company's stock, valued at $10,551,841.02. The trade was a 1.09% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 82,965 shares of company stock worth $5,559,996 in the last ninety days. Insiders own 0.01% of the company's stock.

Cisco Systems Stock Performance

Shares of CSCO opened at $67.94 on Monday. The firm has a 50-day moving average price of $68.24 and a 200 day moving average price of $64.90. The firm has a market capitalization of $268.58 billion, a PE ratio of 25.93, a P/E/G ratio of 2.86 and a beta of 0.97. The company has a quick ratio of 0.91, a current ratio of 1.00 and a debt-to-equity ratio of 0.49. Cisco Systems, Inc. has a 52-week low of $52.11 and a 52-week high of $72.55.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last announced its earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.98 by $0.01. The firm 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 was up 7.6% compared to the same quarter last year. During the same quarter in the prior 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 anticipate 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. Investors of record on Friday, October 3rd will be given 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 Upgrades and Downgrades

CSCO has been the subject of several recent research reports. William Blair upgraded shares of Cisco Systems to a "hold" rating in a research note on Thursday, August 14th. HSBC restated a "hold" rating and set a $69.00 price target on shares of Cisco Systems in a research report on Friday, August 15th. Morgan Stanley upped their price target on shares of Cisco Systems from $73.00 to $77.00 and gave the stock an "overweight" rating in a research report on Friday. Deutsche Bank Aktiengesellschaft upgraded shares of Cisco Systems from a "hold" rating to a "buy" rating and upped their price target for the stock from $65.00 to $73.00 in a research report on Monday, June 16th. Finally, UBS Group upped their price target on shares of Cisco Systems from $70.00 to $74.00 and gave the stock a "neutral" rating in a research report on Tuesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat.com, Cisco Systems has an average rating of "Moderate Buy" and an average price target of $74.89.

About Cisco Systems

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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