Cisco Systems, Inc. $CSCO Shares Sold by Hamilton Point Investment Advisors LLC

Key Points

• Hamilton Point Investment Advisors LLC reduced its holdings in Cisco Systems by 4.6%, owning 104,941 shares valued at approximately $7.28 million.
• Cisco reported earnings of $0.99 per share, exceeding analyst expectations, with quarterly revenue reaching $14.67 billion, a 7.6% increase year-over-year.
• The company declared a quarterly dividend of $0.41 per share, resulting in an annualized payout of $1.64 and a yield of 2.4%.

Hamilton Point Investment Advisors LLC lowered its holdings in Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 4.6% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 104,941 shares of the network equipment provider's stock after selling 5,043 shares during the period. Cisco Systems comprises 1.2% of Hamilton Point Investment Advisors LLC's holdings, making the stock its 26th biggest holding. Hamilton Point Investment Advisors LLC's holdings in Cisco Systems were worth $7,281,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the stock. Financial Connections Group Inc. raised its position in Cisco Systems by 89.4% during the second quarter. Financial Connections Group Inc. now owns 409 shares of the network equipment provider's stock valued at $28,000 after acquiring an additional 193 shares in the last quarter. Brown Shipley& Co Ltd bought a new position in Cisco Systems during the second quarter valued at approximately $32,000. Pandora Wealth Inc. bought a new position in Cisco Systems during the first quarter valued at approximately $31,000. Nova Wealth Management Inc. bought a new position in Cisco Systems during the first quarter valued at approximately $31,000. Finally, Fairway Wealth LLC raised its position in Cisco Systems by 224.7% during the first 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 in the last quarter. 73.33% of the stock is currently owned by institutional investors and hedge funds.

Cisco Systems Stock Down 0.7%

CSCO opened at $67.46 on Tuesday. The firm's 50-day simple moving average is $68.22 and its 200-day simple moving average is $64.95. 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, Inc. has a twelve month low of $52.11 and a twelve month high of $72.55. The firm has a market cap of $266.68 billion, a price-to-earnings ratio of 25.75, a PEG ratio of 2.86 and a beta of 0.97.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last posted its earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share for the quarter, topping the consensus estimate of $0.98 by $0.01. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. The business had revenue of $14.67 billion for the quarter, compared to analyst estimates of $14.63 billion. During the same quarter in the prior year, the firm earned $0.87 EPS. The firm's quarterly revenue 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. Equities research analysts anticipate that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.

Cisco Systems Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 22nd. Investors of record on Friday, October 3rd will be given a dividend of $0.41 per share. 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 is 62.60%.

Insider Buying and Selling at Cisco Systems

In related news, EVP Deborah L. Stahlkopf sold 9,783 shares of the company's stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $66.60, for a total transaction of $651,547.80. Following the transaction, the executive vice president owned 161,662 shares in the company, valued at $10,766,689.20. This represents a 5.71% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Jeetendra I. Patel sold 9,061 shares of the company's stock in a transaction dated Friday, August 15th. The stock was sold at an average price of $66.60, for a total transaction of $603,462.60. Following the transaction, the insider owned 237,405 shares in the company, valued at approximately $15,811,173. This trade represents a 3.68% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 82,965 shares of company stock worth $5,559,996 over the last quarter. Corporate insiders own 0.01% of the company's stock.

Analyst Upgrades and Downgrades

CSCO has been the subject of a number of analyst reports. KeyCorp initiated coverage on shares of Cisco Systems in a research note on Thursday, June 26th. They issued an "overweight" rating and a $77.00 price objective for the company. 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. Rosenblatt Securities restated a "buy" rating and issued a $87.00 price objective on shares of Cisco Systems in a research note on Thursday, August 14th. Wolfe Research initiated coverage on shares of Cisco Systems in a research note on Tuesday, July 8th. They issued a "peer perform" rating for the company. Finally, HSBC restated a "hold" rating and issued a $69.00 price objective on shares of Cisco Systems in a research note on Friday, August 15th. One 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 stock. According to MarketBeat, Cisco Systems currently has an average rating of "Moderate Buy" and an average price target of $74.72.

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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