GAMMA Investing LLC Grows Stock Holdings in Cisco Systems, Inc. $CSCO

Key Points

• GAMMA Investing LLC increased its holdings in Cisco Systems by 6.7%, owning 116,213 shares worth approximately $8.06 million, making it the 26th largest holding in its portfolio.
• Several institutional investors, including Goldman Sachs, have significantly increased their positions in Cisco Systems, reflecting strong interest in the stock with a consensus rating of "Moderate Buy" from analysts.
• Cisco declared a quarterly dividend of $0.41, with an annual yield of 2.4%, and reported stronger-than-expected earnings for the last quarter, showing revenue growth of 7.6% compared to the previous year.

GAMMA Investing LLC increased its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 6.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 116,213 shares of the network equipment provider's stock after purchasing an additional 7,342 shares during the period. Cisco Systems makes up 0.5% of GAMMA Investing LLC's portfolio, making the stock its 26th biggest position. GAMMA Investing LLC's holdings in Cisco Systems were worth $8,063,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Pandora Wealth Inc. purchased a new stake in Cisco Systems in the 1st quarter worth approximately $31,000. Nova Wealth Management Inc. purchased a new stake in shares of Cisco Systems in the first quarter valued at approximately $31,000. Fairway Wealth LLC increased its position in shares of Cisco Systems by 224.7% in the 1st quarter. Fairway Wealth LLC now owns 578 shares of the network equipment provider's stock valued at $36,000 after acquiring an additional 400 shares during the period. Accent Capital Management LLC purchased a new stake in shares of Cisco Systems during the 1st quarter worth about $36,000. Finally, Investment Management Corp VA ADV lifted its stake in 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 worth $37,000 after purchasing an additional 353 shares in the last quarter. Institutional investors own 73.33% of the company's stock.

Insiders Place Their Bets

In other Cisco Systems news, EVP Oliver Tuszik sold 17,526 shares of the stock in a transaction that occurred on Friday, September 19th. The shares were sold at an average price of $67.95, for a total transaction 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 $13,512,197.25. This trade represents a 8.10% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 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 value of $2,036,012.91. Following the sale, the chief executive officer owned 639,000 shares in the company, valued at $42,576,570. The trade was a 4.56% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 82,965 shares of company stock worth $5,559,996. Company insiders own 0.01% of the company's stock.

Cisco Systems Price Performance

CSCO stock traded down $0.46 during midday 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 stock has a market cap of $267.83 billion, a price-to-earnings ratio of 25.86, a PEG ratio of 2.87 and a beta of 0.99. The stock's 50-day moving average price is $68.14 and its 200-day moving average price is $64.17. Cisco Systems, Inc. has a fifty-two week low of $51.89 and a fifty-two week high of $72.55. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.91 and a current ratio of 1.00.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last released its earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share for the quarter, topping analysts' consensus estimates of $0.98 by $0.01. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The firm had revenue of $14.67 billion during the quarter, compared to the consensus estimate of $14.63 billion. During the same period in the prior year, the firm posted $0.87 earnings per share. The firm's revenue for the quarter was up 7.6% compared to the same quarter last year. Cisco Systems has set its Q1 2026 guidance at 0.970-0.990 EPS. FY 2026 guidance at 4.000-4.060 EPS. Research analysts predict that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.

Cisco Systems Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 22nd. Stockholders 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 dividend yield of 2.4%. The ex-dividend date is Friday, October 3rd. Cisco Systems's payout ratio is presently 62.60%.

Wall Street Analyst Weigh In

Several research firms recently issued reports on CSCO. HSBC reaffirmed a "hold" rating and set a $69.00 price objective on shares of Cisco Systems in a report on Friday, August 15th. JPMorgan Chase & Co. upped their price objective 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. William Blair raised shares of Cisco Systems to a "hold" rating in a research report on Thursday, August 14th. Piper Sandler lifted 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. Finally, UBS Group boosted their price objective on Cisco Systems from $70.00 to $74.00 and gave the company a "neutral" rating in a research report on Tuesday, August 5th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target 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.