City Holding Co. Purchases 17,583 Shares of Cisco Systems, Inc. $CSCO

Key Points

• City Holding Co. increased its Cisco position by 50.5% in the second quarter, adding 17,583 shares for a total of 52,435 shares valued at approximately $6.16 million. Institutional investors collectively own 73.33% of Cisco.
• Cisco reported quarterly revenue of $15.84 billion and EPS of $1.06, beating analyst estimates, while revenue grew 12% year over year. The company also declared a quarterly dividend of $0.42 per share, representing a 1.4% yield.
• Shares opened at $122.57, near analysts’ consensus price target of $123.14, with a “Moderate Buy” consensus rating. AI-driven networking demand supports the outlook, though valuation, competition and execution risks remain.

City Holding Co. boosted its position in Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 50.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 52,435 shares of the network equipment provider's stock after buying an additional 17,583 shares during the quarter. City Holding Co.'s holdings in Cisco Systems were worth $6,159,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Charles Schwab Trust Co lifted its position in Cisco Systems by 127.8% during the 2nd quarter. Charles Schwab Trust Co now owns 10,439 shares of the network equipment provider's stock worth $1,226,000 after acquiring an additional 5,857 shares during the last quarter. BFI Infinity Ltd. bought a new position in shares of Cisco Systems in the second quarter worth about $725,000. Spinnaker Investment Group LLC increased its stake in shares of Cisco Systems by 9.8% in the second quarter. Spinnaker Investment Group LLC now owns 5,099 shares of the network equipment provider's stock worth $599,000 after purchasing an additional 456 shares during the period. Fulcrum Equity Management acquired a new position in shares of Cisco Systems during the 2nd quarter worth about $270,000. Finally, Redhawk Wealth Advisors Inc. grew its holdings in Cisco Systems by 14.3% in the 2nd quarter. Redhawk Wealth Advisors Inc. now owns 3,797 shares of the network equipment provider's stock valued at $446,000 after buying an additional 475 shares during the last quarter. Institutional investors own 73.33% of the company's stock.

Insider Activity

In other news, EVP Deborah L. Stahlkopf sold 6,586 shares of the stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $117.31, for a total value of $772,603.66. Following the completion of the transaction, the executive vice president directly owned 177,223 shares of the company's stock, valued at approximately $20,790,030.13. This represents a 3.58% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Oliver Tuszik sold 2,761 shares of the firm's stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $114.61, for a total value of $316,438.21. Following the transaction, the executive vice president owned 180,877 shares of the company's stock, valued at $20,730,312.97. This trade represents a 1.50% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 47,650 shares of company stock valued at $5,668,823. 0.01% of the stock is owned by company insiders.

Cisco Systems Stock Up 0.9%

CSCO opened at $122.57 on Tuesday. Cisco Systems, Inc. has a fifty-two week low of $65.75 and a fifty-two week high of $130.37. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.92 and a quick ratio of 0.81. The firm's fifty day moving average price is $117.77 and its two-hundred day moving average price is $98.05. The company has a market capitalization of $483.10 billion, a P/E ratio of 39.80, a P/E/G ratio of 2.74 and a beta of 1.02.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last announced its quarterly earnings data on Wednesday, May 13th. The network equipment provider reported $1.06 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.03 by $0.03. The company had revenue of $15.84 billion during the quarter, compared to analysts' expectations of $15.56 billion. Cisco Systems had a net margin of 20.14% and a return on equity of 28.44%. The business's revenue was up 12.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.96 EPS. Cisco Systems has set its Q4 2026 guidance at 1.160-1.180 EPS and its FY 2026 guidance at 4.270-4.290 EPS. On average, analysts anticipate that Cisco Systems, Inc. will post 3.54 EPS for the current year.

Cisco Systems Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 22nd. Investors of record on Monday, July 6th were given a $0.42 dividend. This represents a $1.68 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend was Monday, July 6th. Cisco Systems's dividend payout ratio is 54.55%.

More Cisco Systems News

Here are the key news stories impacting Cisco Systems this week:

• Positive Sentiment: AI and networking demand are the key upside drivers. Analysts expect Cisco’s results to reflect strong demand for AI-related networking infrastructure, building on the company’s recent revenue growth and earnings beat. Investors will focus on whether orders, backlog and guidance support further gains. Cisco Q4 Earnings Preview: What Investors Should Expect
• Positive Sentiment: Analysts have been raising price targets. The favorable analyst activity ahead of earnings provides additional support for CSCO, which has been trading above both its 50-day and 200-day moving averages. Cisco Systems Is In a Trading Range Ahead of Earnings
• Neutral Sentiment: Earnings are the immediate catalyst. Cisco is among the week’s major reporting companies, making its results, forward guidance and AI-related commentary especially important for the stock. Options activity indicates investors expect CSCO to remain in a relatively defined trading range before the report. Option Volatility and Earnings Report for Aug. 10–14
• Negative Sentiment: Execution and valuation risks remain. Higher memory costs, Splunk’s cloud transition, intense competition and the possibility that AI growth is already priced into CSCO could pressure the shares if results or guidance disappoint. Should Buy, Sell or Hold Cisco Stock Before Q4 Earnings?

Analyst Upgrades and Downgrades

CSCO has been the subject of a number of research analyst reports. Citigroup upped their price target on Cisco Systems from $90.00 to $112.00 and gave the stock a "buy" rating in a report on Thursday, May 14th. Zacks Research lowered shares of Cisco Systems from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, August 4th. Wall Street Zen cut shares of Cisco Systems from a "buy" rating to a "hold" rating in a research note on Tuesday, July 28th. Citic Securities increased their price target on shares of Cisco Systems from $90.00 to $130.00 in a report on Friday, May 15th. Finally, Argus raised their price target on shares of Cisco Systems from $100.00 to $150.00 and gave the stock a "buy" rating in a research report on Tuesday, May 19th. Two analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, Cisco Systems has a consensus rating of "Moderate Buy" and a consensus price target of $123.14.

Cisco Systems Company Profile

Cisco Systems, Inc is a global technology company that designs, manufactures and sells networking hardware, software and telecommunications equipment. Its core business focuses on enabling enterprise and service-provider networks through products such as routers, switches, network security appliances and wireless systems. Over time Cisco has broadened its portfolio to emphasize software-defined networking, cybersecurity, cloud infrastructure and edge computing solutions that help organizations build and manage modern IT environments.

In addition to hardware, Cisco offers a growing range of software platforms and subscription services for network management, security, analytics and collaboration.

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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