Cisco Systems, Inc. $CSCO Shares Sold by B. Metzler seel. Sohn & Co. AG

Key Points

• B. Metzler seel. Sohn & Co. AG reduced its holdings in Cisco Systems by 1.2%, selling 8,157 shares and holding 647,498 shares valued at approximately $39.96 million.
• Cisco reported a Q4 EPS of $0.99, beating analyst expectations, with revenues of $14.67 billion, up 7.6% year-over-year.
• The company declared a quarterly dividend of $0.41 per share, with an annualized yield of 2.4%, payable on October 22nd.

B. Metzler seel. Sohn & Co. AG reduced its stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 1.2% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 647,498 shares of the network equipment provider's stock after selling 8,157 shares during the period. B. Metzler seel. Sohn & Co. AG's holdings in Cisco Systems were worth $39,957,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of CSCO. Brighton Jones LLC raised its position in shares of Cisco Systems by 49.5% in the fourth quarter. Brighton Jones LLC now owns 74,187 shares of the network equipment provider's stock worth $4,392,000 after acquiring an additional 24,562 shares during the period. Revolve Wealth Partners LLC grew its position in shares of Cisco Systems by 37.0% in the fourth 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. Betterment LLC purchased a new stake in shares of Cisco Systems in the fourth quarter valued at approximately $248,000. Bellwether Advisors LLC purchased a new stake in shares of Cisco Systems in the 4th quarter valued at approximately $80,000. Finally, Optiver Holding B.V. purchased a new stake in shares of Cisco Systems in the 4th quarter valued at approximately $232,000. 73.33% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

CSCO has been the subject of several analyst reports. William Blair raised shares of Cisco Systems to a "hold" rating in a research note on Thursday, August 14th. Rosenblatt Securities reissued a "buy" rating and issued a $87.00 price target on shares of Cisco Systems in a research note on Thursday, August 14th. Wall Street Zen cut shares of Cisco Systems from a "strong-buy" rating to a "buy" rating in a research note on Saturday, July 12th. New Street Research restated a "neutral" rating and issued a $70.00 price objective on shares of Cisco Systems in a report on Friday, May 16th. Finally, Morgan Stanley upped their price objective on shares of Cisco Systems from $67.00 to $70.00 and gave the stock an "overweight" rating in a report on Friday, July 18th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $74.53.

Insider Transactions at Cisco Systems

In related news, CEO Charles Robbins sold 30,557 shares of the stock in a transaction on Friday, August 15th. The stock was sold at an average price of $66.63, for a total transaction of $2,036,012.91. Following the completion of the sale, the chief executive officer directly owned 639,000 shares of the company's stock, valued at $42,576,570. This trade represents a 4.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Thimaya K. Subaiya sold 7,511 shares of the business's stock in a transaction dated Wednesday, August 20th. The stock was sold at an average price of $66.84, for a total transaction of $502,035.24. Following the transaction, the executive vice president owned 161,467 shares in the company, valued at approximately $10,792,454.28. This trade represents a 4.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 119,095 shares of company stock worth $7,841,167. Insiders own 0.01% of the company's stock.

Cisco Systems Stock Down 0.5%

Shares of NASDAQ CSCO traded down $0.34 during mid-day trading on Friday, hitting $69.09. The company had a trading volume of 14,952,208 shares, compared to its average volume of 21,358,441. The company has a market capitalization of $273.60 billion, a PE ratio of 26.37, a price-to-earnings-growth ratio of 2.90 and a beta of 0.91. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.01 and a quick ratio of 0.92. Cisco Systems, Inc. has a 1-year low of $47.85 and a 1-year high of $72.55. The business's 50-day simple moving average is $68.42 and its 200 day simple moving average is $63.71.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last announced its quarterly earnings data on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share for the quarter, beating analysts' consensus estimates of $0.98 by $0.01. Cisco Systems had a net margin of 18.45% and a return on equity of 27.02%. The business had revenue of $14.67 billion for the quarter, compared to analyst estimates of $14.63 billion. During the same period last year, the business earned $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. On average, analysts predict that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.

Cisco Systems Dividend Announcement

The company also recently announced 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 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend is Friday, October 3rd. Cisco Systems's payout ratio is presently 62.60%.

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.