Counterpoint Mutual Funds LLC Makes New Investment in Cisco Systems, Inc. $CSCO

Key Points

• Counterpoint Mutual Funds LLC purchased 31,898 shares of Cisco Systems, Inc., valued at approximately $2,213,000, during the second quarter.
• Analysts have set various price targets for Cisco, with Rosenblatt Securities maintaining a "buy" rating at a target of $87.00 and Wells Fargo raising their target from $75.00 to $83.00.
• Cisco Systems announced a quarterly dividend of $0.41 per share, representing a 2.4% yield, to be paid on October 22nd to shareholders of record on October 3rd.

Counterpoint Mutual Funds LLC bought a new position in shares of Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm bought 31,898 shares of the network equipment provider's stock, valued at approximately $2,213,000.

A number of other large investors also recently bought and sold shares of the company. Pandora Wealth Inc. acquired a new stake in shares of Cisco Systems during the 1st quarter worth approximately $31,000. Nova Wealth Management Inc. acquired a new stake in shares of Cisco Systems during the 1st quarter worth approximately $31,000. Fairway Wealth LLC raised its position in shares of Cisco Systems by 224.7% during the 1st quarter. Fairway Wealth LLC now owns 578 shares of the network equipment provider's stock worth $36,000 after purchasing an additional 400 shares during the period. Accent Capital Management LLC acquired a new stake in shares of Cisco Systems during the 1st quarter worth approximately $36,000. Finally, Investment Management Corp VA ADV raised its position in shares of Cisco Systems by 145.3% during the 1st quarter. Investment Management Corp VA ADV now owns 596 shares of the network equipment provider's stock worth $37,000 after purchasing an additional 353 shares during the period. Institutional investors own 73.33% of the company's stock.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on CSCO. Rosenblatt Securities reiterated a "buy" rating and set a $87.00 price target on shares of Cisco Systems in a research report on Thursday, August 14th. KeyCorp began coverage on Cisco Systems in a research report on Thursday, June 26th. They set an "overweight" rating and a $77.00 price target on the stock. HSBC reiterated a "hold" rating and set a $69.00 price target on shares of Cisco Systems in a research report on Friday, August 15th. Wells Fargo & Company increased their price target on Cisco Systems from $75.00 to $83.00 and gave the stock an "overweight" rating in a research report on Thursday, August 14th. Finally, UBS Group raised their target price on Cisco Systems from $70.00 to $74.00 and gave the company a "neutral" rating in a research report on Tuesday, August 5th. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and ten have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $74.53.

Cisco Systems Stock Performance

CSCO opened at $67.75 on Tuesday. The firm has a market cap of $267.83 billion, a PE ratio of 25.86, a P/E/G ratio of 2.87 and a beta of 0.99. The company has a quick ratio of 0.91, a current ratio of 1.00 and a debt-to-equity ratio of 0.49. The business has a fifty day simple moving average of $68.14 and a 200-day simple moving average of $64.17. Cisco Systems, Inc. has a fifty-two week low of $51.89 and a fifty-two week high of $72.55.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last released its quarterly earnings data 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. The business 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 company's revenue was up 7.6% compared to the same quarter last year. During the same period last year, the company 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. As a group, equities analysts predict that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.

Cisco Systems Announces Dividend

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 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 dividend yield of 2.4%. Cisco Systems's dividend payout ratio (DPR) is currently 62.60%.

Insider Buying and Selling at Cisco Systems

In other news, EVP Thimaya K. Subaiya sold 1,744 shares of the firm's stock in a transaction on Friday, September 12th. The stock was sold at an average price of $66.78, for a total transaction of $116,464.32. Following the completion of the sale, the executive vice president directly owned 158,009 shares of the company's stock, valued at $10,551,841.02. This trade represents a 1.09% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Deborah L. Stahlkopf sold 2,718 shares of the firm's stock in a transaction on Thursday, September 11th. The stock was sold at an average price of $68.08, for a total value of $185,041.44. Following the completion of the sale, the executive vice president directly owned 157,184 shares of the company's stock, valued at approximately $10,701,086.72. This trade represents a 1.70% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 82,965 shares of company stock worth $5,559,996. 0.01% of the stock is owned by insiders.

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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