Versor Investments LP Grows Holdings in Cisco Systems, Inc. $CSCO

Key Points

• Versor Investments LP increased its stake in Cisco Systems, Inc. by 347.0% during the first quarter, owning 23,693 shares valued at approximately $1,462,000.
• Cisco reported earnings of $0.99 per share for the last quarter, surpassing analysts' expectations, with a net margin of 18.45% and revenue of $14.67 billion.
• The company announced a quarterly dividend of $0.41 per share, representing a yield of 2.5%, payable on October 22nd to shareholders of record by October 3rd.

Versor Investments LP boosted its position in Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 347.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 23,693 shares of the network equipment provider's stock after purchasing an additional 18,393 shares during the period. Versor Investments LP's holdings in Cisco Systems were worth $1,462,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Navigoe LLC purchased a new position in Cisco Systems in the fourth quarter valued at about $26,000. Mpwm Advisory Solutions LLC acquired a new stake in shares of Cisco Systems in the fourth quarter valued at approximately $26,000. JDM Financial Group LLC grew its position in shares of Cisco Systems by 160.4% in the fourth quarter. JDM Financial Group LLC now owns 487 shares of the network equipment provider's stock valued at $29,000 after purchasing an additional 300 shares during the last quarter. Pandora Wealth Inc. acquired a new stake in shares of Cisco Systems in the first quarter valued at approximately $31,000. Finally, Fairway Wealth LLC grew its position in shares of Cisco Systems by 224.7% in the first quarter. Fairway Wealth LLC now owns 578 shares of the network equipment provider's stock valued at $36,000 after purchasing an additional 400 shares during the last quarter. Institutional investors and hedge funds own 73.33% of the company's stock.

Insiders Place Their Bets

In other news, EVP Oliver Tuszik sold 15,000 shares of the firm's stock in a transaction on Wednesday, May 28th. The shares were sold at an average price of $63.53, for a total value of $952,950.00. Following the transaction, the executive vice president owned 131,676 shares of the company's stock, valued at approximately $8,365,376.28. This trade represents a 10.23% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Charles Robbins sold 30,557 shares of the firm's stock in a transaction on Friday, August 15th. The shares were sold at an average price of $66.63, for a total transaction of $2,036,012.91. Following the completion of the transaction, the chief executive officer directly owned 639,000 shares in the company, valued at approximately $42,576,570. This represents a 4.56% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 127,607 shares of company stock worth $8,345,132. 0.01% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several research firms have recently commented on CSCO. Hsbc Global Res lowered shares of Cisco Systems from a "strong-buy" rating to a "hold" rating in a research report on Friday, August 15th. HSBC reiterated a "hold" rating and issued a $69.00 price target on shares of Cisco Systems in a research report on Friday, August 15th. Morgan Stanley raised their target price on shares of Cisco Systems from $67.00 to $70.00 and gave the stock an "overweight" rating in a research report on Friday, July 18th. William Blair upgraded shares of Cisco Systems to a "hold" rating in a research report on Thursday, August 14th. Finally, Barclays raised their target price on shares of Cisco Systems from $66.00 to $71.00 and gave the stock an "equal weight" rating in a research report on Thursday, August 14th. One research 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 company's stock. Based on data from MarketBeat.com, Cisco Systems has a consensus rating of "Moderate Buy" and a consensus target price of $74.53.

Cisco Systems Trading Up 0.5%

Shares of CSCO traded up $0.3410 during mid-day trading on Wednesday, reaching $67.1010. The company had a trading volume of 11,123,531 shares, compared to its average volume of 21,554,172. The stock has a market cap of $265.72 billion, a price-to-earnings ratio of 25.61, a price-to-earnings-growth ratio of 2.87 and a beta of 0.91. The firm has a fifty day simple moving average of $68.04 and a 200-day simple moving average of $63.44. Cisco Systems, Inc. has a fifty-two week low of $47.85 and a fifty-two week high of $72.55. The company has a current ratio of 1.01, a quick ratio of 0.92 and a debt-to-equity ratio of 0.49.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last announced its quarterly earnings results 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. The company had revenue of $14.67 billion for the quarter, compared to analyst estimates of $14.63 billion. Cisco Systems had a net margin of 18.45% and a return on equity of 27.02%. Cisco Systems's revenue for the quarter was up 7.6% on a year-over-year basis. During the same quarter last year, the business earned $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. On average, sell-side analysts anticipate that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.

Cisco Systems Announces Dividend

The firm also recently announced 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. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Friday, October 3rd. Cisco Systems's dividend payout ratio (DPR) 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.