Cisco Systems, Inc. $CSCO Shares Sold by Bellecapital International Ltd.

Key Points

• Bellecapital International Ltd. reduced its stake in Cisco Systems by 31.8%, selling 17,305 shares during the second quarter, leaving it with a total of 37,146 shares valued at approximately $2.58 million.
• Cisco Systems reported Q1 earnings of $0.99 per share, surpassing expectations, and generated revenue of $14.67 billion, which is a 7.6% increase from the previous year.
• The company declared a quarterly dividend of $0.41 per share, which will be paid on October 22nd, resulting in an annualized yield of 2.4%.

Bellecapital International Ltd. decreased its position in Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 31.8% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 37,146 shares of the network equipment provider's stock after selling 17,305 shares during the period. Bellecapital International Ltd.'s holdings in Cisco Systems were worth $2,577,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Postrock Partners LLC lifted its position in shares of Cisco Systems by 4.5% during the 2nd quarter. Postrock Partners LLC now owns 3,480 shares of the network equipment provider's stock worth $241,000 after purchasing an additional 150 shares during the last quarter. Mount Vernon Associates Inc. MD lifted its position in shares of Cisco Systems by 0.4% during the 2nd quarter. Mount Vernon Associates Inc. MD now owns 41,379 shares of the network equipment provider's stock worth $2,871,000 after purchasing an additional 150 shares during the last quarter. Lion Street Advisors LLC lifted its position in shares of Cisco Systems by 0.7% during the 2nd quarter. Lion Street Advisors LLC now owns 20,694 shares of the network equipment provider's stock worth $1,436,000 after purchasing an additional 152 shares during the last quarter. Pacifica Partners Inc. lifted its position in shares of Cisco Systems by 0.5% during the 2nd quarter. Pacifica Partners Inc. now owns 34,060 shares of the network equipment provider's stock worth $2,338,000 after purchasing an additional 155 shares during the last quarter. Finally, Pacific Sage Partners LLC lifted its position in shares of Cisco Systems by 0.9% during the 2nd quarter. Pacific Sage Partners LLC now owns 16,746 shares of the network equipment provider's stock worth $1,162,000 after purchasing an additional 156 shares during the last quarter. Institutional investors and hedge funds own 73.33% of the company's stock.

Cisco Systems Stock Up 1.3%

NASDAQ:CSCO opened at $69.52 on Thursday. The stock's fifty day moving average price is $68.25 and its two-hundred day moving average price is $65.01. Cisco Systems, Inc. has a 52-week low of $52.11 and a 52-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. The company has a market cap of $274.83 billion, a price-to-earnings ratio of 26.53, a P/E/G ratio of 2.89 and a beta of 0.97.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last posted its quarterly earnings data on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $14.67 billion for the quarter, compared to the consensus estimate of $14.63 billion. During the same quarter in the prior year, the business earned $0.87 EPS. The business'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. On average, analysts anticipate that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 22nd. Stockholders of record on Friday, October 3rd will be paid a $0.41 dividend. The ex-dividend date of this dividend is Friday, October 3rd. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.4%. Cisco Systems's dividend payout ratio is 62.60%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on CSCO. UBS Group boosted their price target on Cisco Systems from $70.00 to $74.00 and gave the company a "neutral" rating in a research note on Tuesday, August 5th. Rosenblatt Securities restated a "buy" rating and set a $87.00 price target on shares of Cisco Systems in a research note on Thursday, August 14th. CICC Research began coverage on Cisco Systems in a research note on Monday, July 14th. They set an "outperform" rating and a $78.00 price target on the stock. Barclays boosted their price target on Cisco Systems from $66.00 to $71.00 and gave the company an "equal weight" rating in a research note on Thursday, August 14th. Finally, Hsbc Global Res lowered Cisco Systems from a "strong-buy" rating to a "hold" rating in a research note on Friday, August 15th. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and ten have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $74.72.

Insider Buying and Selling

In other news, insider Jeetendra I. Patel sold 9,061 shares of the stock in a transaction on Friday, August 15th. The stock was sold at an average price of $66.60, for a total value of $603,462.60. Following the transaction, the insider owned 237,405 shares of the company's stock, valued at $15,811,173. This represents a 3.68% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Deborah L. Stahlkopf sold 9,783 shares of the stock in a transaction on Friday, August 15th. The shares were 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 trade represents a 5.71% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 82,965 shares of company stock worth $5,559,996 over the last 90 days. 0.01% of the stock is currently owned by corporate insiders.

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.

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