Wealth Alliance Advisory Group LLC Buys 11,123 Shares of Cisco Systems, Inc. $CSCO

Key Points

• Wealth Alliance Advisory Group LLC increased its stake in Cisco Systems by 32.2% during Q2, owning 45,666 shares valued at $3.17 million by the end of the quarter.
• Cisco reported a Q4 EPS of $0.99, slightly surpassing estimates, with revenue of $14.67 billion, reflecting a 7.6% year-over-year increase.
• The company announced a quarterly dividend of $0.41 per share, with a payout ratio of 62.60%, to be paid on October 22nd to shareholders on record by October 3rd.

Wealth Alliance Advisory Group LLC boosted its holdings in Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 32.2% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 45,666 shares of the network equipment provider's stock after buying an additional 11,123 shares during the quarter. Wealth Alliance Advisory Group LLC's holdings in Cisco Systems were worth $3,168,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Brighton Jones LLC grew its position in shares of 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 buying an additional 24,562 shares during the last quarter. Revolve Wealth Partners LLC increased its position in Cisco Systems by 37.0% during 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 during the period. Sentinus LLC raised its holdings in Cisco Systems by 10.8% during the 4th quarter. Sentinus LLC now owns 5,220 shares of the network equipment provider's stock worth $309,000 after purchasing an additional 508 shares during the last quarter. Second Line Capital LLC acquired a new position in shares of Cisco Systems in the 4th quarter worth approximately $236,000. Finally, Thornburg Investment Management Inc. boosted its stake in shares of Cisco Systems by 16.3% in the 4th quarter. Thornburg Investment Management Inc. now owns 2,448,169 shares of the network equipment provider's stock valued at $144,932,000 after purchasing an additional 343,959 shares during the last quarter. Institutional investors own 73.33% of the company's stock.

Insider Transactions at Cisco Systems

In other news, CEO Charles Robbins sold 30,557 shares of the company's stock in a transaction that occurred on 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 completion of the transaction, the chief executive officer directly owned 639,000 shares of the company's stock, valued at $42,576,570. This represents a 4.56% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Deborah L. Stahlkopf sold 9,783 shares of the business's stock in a transaction on Friday, August 15th. The stock was 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 in the company, valued at approximately $10,766,689.20. This represents a 5.71% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 89,843 shares of company stock worth $5,968,229. 0.01% of the stock is owned by insiders.

Cisco Systems Stock Up 0.7%

Shares of NASDAQ:CSCO traded up $0.49 during mid-day trading on Monday, hitting $67.02. 16,200,069 shares of the company traded hands, compared to its average volume of 15,657,842. The stock has a 50-day moving average price of $68.24 and a two-hundred day moving average price of $64.00. Cisco Systems, Inc. has a 12-month low of $49.78 and a 12-month high of $72.55. The stock has a market cap of $264.94 billion, a P/E ratio of 25.58, a P/E/G ratio of 2.80 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 issued its quarterly earnings data 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 business had revenue of $14.67 billion for the quarter, compared to analysts' expectations of $14.63 billion. During the same period last year, the business earned $0.87 EPS. The business'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. On average, equities research analysts forecast that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.

Cisco Systems Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 22nd. Shareholders 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 annualized dividend and a yield of 2.4%. Cisco Systems's dividend payout ratio (DPR) is 62.60%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on CSCO shares. Morgan Stanley upped their target price on Cisco Systems from $67.00 to $70.00 and gave the company an "overweight" rating in a research report on Friday, July 18th. Hsbc Global Res cut shares of Cisco Systems from a "strong-buy" rating to a "hold" rating in a report on Friday, August 15th. Rosenblatt Securities reiterated a "buy" rating and set a $87.00 price objective on shares of Cisco Systems in a report on Thursday, August 14th. JPMorgan Chase & Co. raised their target price on Cisco Systems from $73.00 to $78.00 and gave the company an "overweight" rating in a research note on Thursday, July 17th. Finally, UBS Group upped their price target on Cisco Systems from $70.00 to $74.00 and gave the stock a "neutral" rating in a research note on Tuesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and ten have given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average 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.