Cisco Systems, Inc. $CSCO Shares Bought by Capital Investment Advisors LLC

Key Points

• Capital Investment Advisors LLC raised its stake in Cisco Systems by 0.7%, owning 812,256 shares valued at approximately $56.35 million, making it the firm's 27th largest investment.
• Cisco Systems reported earnings of $0.99 per share for the last quarter, slightly exceeding analysts' expectations, with revenue increasing by 7.6% year-over-year to $14.67 billion.
• The company has declared a quarterly dividend of $0.41 per share, which translates to an annualized dividend of $1.64 and a yield of 2.4% for investors.

Capital Investment Advisors LLC raised its stake in Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 0.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 812,256 shares of the network equipment provider's stock after purchasing an additional 5,495 shares during the period. Cisco Systems comprises 1.0% of Capital Investment Advisors LLC's investment portfolio, making the stock its 27th biggest position. Capital Investment Advisors LLC's holdings in Cisco Systems were worth $56,354,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of CSCO. Brighton Jones LLC raised its position in Cisco Systems by 49.5% in the 4th quarter. Brighton Jones LLC now owns 74,187 shares of the network equipment provider's stock valued at $4,392,000 after purchasing an additional 24,562 shares in the last quarter. Revolve Wealth Partners LLC raised its position in Cisco Systems by 37.0% in the 4th quarter. Revolve Wealth Partners LLC now owns 9,156 shares of the network equipment provider's stock valued at $542,000 after purchasing an additional 2,474 shares in the last quarter. 180 Wealth Advisors LLC raised its position in Cisco Systems by 8.5% in the 1st quarter. 180 Wealth Advisors LLC now owns 9,954 shares of the network equipment provider's stock valued at $614,000 after purchasing an additional 776 shares in the last quarter. American National Bank & Trust raised its position in Cisco Systems by 50.6% in the 1st quarter. American National Bank & Trust now owns 1,876 shares of the network equipment provider's stock valued at $116,000 after purchasing an additional 630 shares in the last quarter. Finally, Enterprise Bank & Trust Co raised its position in shares of Cisco Systems by 41.7% during the 1st quarter. Enterprise Bank & Trust Co now owns 9,620 shares of the network equipment provider's stock worth $594,000 after acquiring an additional 2,830 shares in the last quarter. Institutional investors and hedge funds own 73.33% of the company's stock.

Cisco Systems Trading Up 0.7%

Shares of CSCO stock opened at $67.72 on Tuesday. The business's 50 day moving average is $68.11 and its two-hundred day moving average is $64.41. Cisco Systems, Inc. has a twelve month low of $52.11 and a twelve month high of $72.55. The company has a market capitalization of $267.71 billion, a P/E ratio of 25.85, a price-to-earnings-growth ratio of 2.83 and a beta of 0.99. The company has a current ratio of 1.00, a quick ratio of 0.91 and a debt-to-equity ratio of 0.49.

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 for the quarter, beating the consensus estimate of $0.98 by $0.01. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The company had revenue of $14.67 billion for the quarter, compared to the consensus estimate of $14.63 billion. During the same period last year, the business posted $0.87 EPS. The company's revenue was up 7.6% on a year-over-year basis. Cisco Systems has set its Q1 2026 guidance at 0.970-0.990 EPS. FY 2026 guidance at 4.000-4.060 EPS. Equities 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. Investors of record on Friday, October 3rd will be paid a $0.41 dividend. The ex-dividend date is Friday, October 3rd. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.4%. Cisco Systems's payout ratio is 62.60%.

Insider Transactions at Cisco Systems

In related news, SVP Maria Victoria Wong sold 428 shares of Cisco Systems stock in a transaction that occurred on Thursday, September 11th. The stock was sold at an average price of $68.25, for a total value of $29,211.00. Following the sale, the senior vice president directly owned 30,619 shares in the company, valued at $2,089,746.75. The trade was a 1.38% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Thimaya K. Subaiya sold 1,744 shares of Cisco Systems stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $66.78, for a total value of $116,464.32. Following the completion of the sale, the executive vice president owned 158,009 shares in the company, valued at approximately $10,551,841.02. This trade represents a 1.09% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 82,965 shares of company stock valued at $5,559,996. 0.01% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on CSCO shares. Wells Fargo & Company raised their target price on Cisco Systems from $75.00 to $83.00 and gave the stock an "overweight" rating in a research report on Thursday, August 14th. Wolfe Research started coverage on Cisco Systems in a research report on Tuesday, July 8th. They set a "peer perform" rating on the stock. Morgan Stanley raised their target price on Cisco Systems from $67.00 to $70.00 and gave the stock an "overweight" rating in a research report on Friday, July 18th. Piper Sandler raised their target price on Cisco Systems from $64.00 to $70.00 and gave the stock a "neutral" rating in a research report on Thursday, August 14th. Finally, UBS Group raised their target price on Cisco Systems from $70.00 to $74.00 and gave the stock 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 assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $74.53.

Cisco Systems 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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