Cisco Systems, Inc. $CSCO Shares Sold by UMB Bank n.a.

Key Points

• UMB Bank n.a. reduced its position in Cisco Systems by 3.3% during the second quarter, now owning 120,153 shares worth $8.34 million after selling 4,044 shares.
• Insider selling occurred with EVP Deborah L. Stahlkopf and EVP Thimaya K. Subaiya selling a total of 17,294 shares of the company, indicating a decrease in their ownership positions.
• Cisco Systems recently announced a quarterly dividend of $0.41 per share, and set their Q1 2026 earnings guidance between 0.970-0.990 EPS, reflecting continued financial growth.

UMB Bank n.a. decreased its position in Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 3.3% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 120,153 shares of the network equipment provider's stock after selling 4,044 shares during the quarter. UMB Bank n.a.'s holdings in Cisco Systems were worth $8,336,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Vanguard Group Inc. boosted its holdings in Cisco Systems by 0.5% during the 1st quarter. Vanguard Group Inc. now owns 388,949,854 shares of the network equipment provider's stock valued at $24,002,095,000 after acquiring an additional 1,865,648 shares during the period. Invesco Ltd. increased its stake in Cisco Systems by 10.4% during the first quarter. Invesco Ltd. now owns 47,117,146 shares of the network equipment provider's stock worth $2,907,599,000 after purchasing an additional 4,437,450 shares during the period. Goldman Sachs Group Inc. lifted its position in shares of Cisco Systems by 37.4% during the first quarter. Goldman Sachs Group Inc. now owns 46,973,293 shares of the network equipment provider's stock worth $2,898,722,000 after purchasing an additional 12,775,066 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of Cisco Systems by 3.6% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 37,797,629 shares of the network equipment provider's stock valued at $2,332,492,000 after purchasing an additional 1,326,354 shares during the period. Finally, Amundi grew its holdings in shares of Cisco Systems by 11.0% in the first quarter. Amundi now owns 29,170,847 shares of the network equipment provider's stock valued at $1,679,312,000 after purchasing an additional 2,898,391 shares in the last quarter. 73.33% of the stock is currently owned by hedge funds and other institutional investors.

Cisco Systems Stock Performance

Shares of CSCO traded down $0.46 during midday trading on Monday, reaching $67.75. 20,241,683 shares of the stock were exchanged, compared to its average volume of 21,169,537. Cisco Systems, Inc. has a twelve month low of $51.89 and a twelve 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. The company has a market capitalization of $267.83 billion, a price-to-earnings ratio of 25.86, a PEG ratio of 2.87 and a beta of 0.99. The business's 50-day moving average price is $68.14 and its 200 day moving average price is $64.14.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last released its quarterly earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 EPS for the quarter, topping the consensus estimate 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 return on equity of 27.06% and a net margin of 18.45%.The firm's revenue was up 7.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.87 earnings per share. 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 expect that Cisco Systems, Inc. will post 3.04 EPS 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. Shareholders of record on Friday, October 3rd will be paid a dividend of $0.41 per share. The ex-dividend date of this dividend is Friday, October 3rd. This represents a $1.64 annualized dividend and a yield of 2.4%. Cisco Systems's dividend payout ratio is currently 62.60%.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. CICC Research initiated coverage on shares of Cisco Systems in a research report on Monday, July 14th. They issued an "outperform" rating and a $78.00 price target for the company. KeyCorp started coverage on Cisco Systems in a research note on Thursday, June 26th. They issued an "overweight" rating and a $77.00 price objective on the stock. Rosenblatt Securities restated a "buy" rating and set a $87.00 price target on shares of Cisco Systems in a report on Thursday, August 14th. JPMorgan Chase & Co. boosted their price target on shares of Cisco Systems from $73.00 to $78.00 and gave the stock an "overweight" rating in a report on Thursday, July 17th. Finally, Deutsche Bank Aktiengesellschaft raised shares of Cisco Systems from a "hold" rating to a "buy" rating and increased their price objective for the company from $65.00 to $73.00 in a research report on Monday, June 16th. One 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's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $74.53.

Insider Activity at Cisco Systems

In other Cisco Systems news, EVP Thimaya K. Subaiya sold 1,744 shares of Cisco Systems stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $66.78, for a total value of $116,464.32. Following the transaction, the executive vice president directly owned 158,009 shares in the company, valued at approximately $10,551,841.02. This trade represents a 1.09% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Maria Victoria Wong sold 428 shares of the company's stock in a transaction that occurred on Thursday, September 11th. The stock was sold at an average price of $68.25, for a total value of $29,211.00. Following the sale, the senior vice president owned 30,619 shares of the company's stock, valued at $2,089,746.75. This trade represents a 1.38% decrease in their position. The disclosure for this sale can be found here. Insiders sold 65,439 shares of company stock worth $4,369,104 in the last ninety days. Company insiders own 0.01% of the company's stock.

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.