Mn Services Vermogensbeheer B.V. Has $103.18 Million Stake in Cisco Systems, Inc. $CSCO

Key Points

• Mn Services Vermogensbeheer B.V. reduced its stake in Cisco Systems by 0.5%, now holding 1,487,191 shares worth approximately $103.18 million.
• Cisco recently declared a quarterly dividend of $0.41 per share, with a dividend yield of 2.4%, to be paid on October 22nd.
• As of August 13th, Cisco Systems reported a quarterly EPS of $0.99, beating expectations, with a revenue increase of 7.6% compared to the previous year.

Mn Services Vermogensbeheer B.V. lowered its position in Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 0.5% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 1,487,191 shares of the network equipment provider's stock after selling 6,900 shares during the period. Cisco Systems comprises approximately 0.7% of Mn Services Vermogensbeheer B.V.'s holdings, making the stock its 22nd largest position. Mn Services Vermogensbeheer B.V.'s holdings in Cisco Systems were worth $103,181,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Brighton Jones LLC increased its position in shares of Cisco Systems by 49.5% during 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 lifted its position in Cisco Systems by 37.0% during 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 during the period. Mpwm Advisory Solutions LLC acquired a new position in Cisco Systems during the fourth quarter valued at $26,000. PharVision Advisers LLC purchased a new position in Cisco Systems in the fourth quarter valued at $325,000. Finally, Ames National Corp purchased a new position in Cisco Systems in the fourth quarter valued at $865,000. Institutional investors own 73.33% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on CSCO shares. Wells Fargo & Company boosted their price target on shares of Cisco Systems from $75.00 to $83.00 and gave the stock an "overweight" rating in a research report on Thursday, August 14th. Piper Sandler increased their target price on shares of Cisco Systems from $64.00 to $70.00 and gave the stock a "neutral" rating in a report on Thursday, August 14th. UBS Group increased their price objective on shares of Cisco Systems from $70.00 to $74.00 and gave the company a "neutral" rating in a research report on Tuesday, August 5th. KeyCorp assumed coverage on shares of Cisco Systems in a research report on Thursday, June 26th. They set an "overweight" rating and a $77.00 price objective on the stock. Finally, Wolfe Research assumed coverage on shares of Cisco Systems in a research report on Tuesday, July 8th. They set a "peer perform" rating on the stock. 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. Based on data from MarketBeat, Cisco Systems has a consensus rating of "Moderate Buy" and an average price target of $74.53.

Insider Activity

In other news, EVP Deborah L. Stahlkopf sold 9,783 shares of the firm's stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $66.60, for a total transaction of $651,547.80. Following the completion of the transaction, the executive vice president directly owned 161,662 shares of the company's stock, valued at $10,766,689.20. This trade represents a 5.71% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Maria Victoria Wong sold 3,162 shares of the business's stock in a transaction on Monday, August 25th. The shares were sold at an average price of $67.28, for a total value of $212,739.36. Following the completion of the transaction, the senior vice president owned 31,468 shares of the company's stock, valued at $2,117,167.04. This trade represents a 9.13% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 65,439 shares of company stock valued at $4,369,104. Insiders own 0.01% of the company's stock.

Cisco Systems Trading Down 0.7%

Shares of CSCO traded down $0.47 during mid-day trading on Friday, reaching $68.21. 47,786,669 shares of the company's stock traded hands, compared to its average volume of 15,962,866. The stock has a market cap of $269.65 billion, a P/E ratio of 26.03, a P/E/G ratio of 2.87 and a beta of 0.99. The stock's 50-day moving average is $68.14 and its two-hundred day moving average is $64.13. Cisco Systems, Inc. has a 12 month low of $51.42 and a 12 month high of $72.55. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.00 and a quick ratio of 0.91.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last issued its earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.98 by $0.01. The company had revenue of $14.67 billion during the quarter, compared to analyst estimates of $14.63 billion. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The firm's quarterly revenue was up 7.6% on a year-over-year basis. During the same quarter last year, the business posted $0.87 EPS. Cisco Systems has set its Q1 2026 guidance at 0.970-0.990 EPS. FY 2026 guidance at 4.000-4.060 EPS. Research analysts forecast that Cisco Systems, Inc. will post 3.04 earnings per share for the current fiscal year.

Cisco Systems Dividend Announcement

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

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.