CW Advisors LLC Grows Position in Cisco Systems, Inc. $CSCO

Key Points

• CW Advisors LLC increased its holdings in Cisco Systems, Inc. by 11.6% during Q1, acquiring an additional 44,509 shares, bringing total shares owned to 429,218 worth approximately $26.47 million.
• Several institutional investors, including Goldman Sachs and Pacer Advisors, significantly boosted their stakes in Cisco Systems, contributing to a total institutional ownership of 73.33%.
• Cisco reported earnings of $0.99 per share for the latest quarter, exceeding analysts' expectations, and set guidance for the upcoming fiscal year at 3.04 EPS.

CW Advisors LLC lifted its holdings in Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 11.6% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 429,218 shares of the network equipment provider's stock after buying an additional 44,509 shares during the quarter. CW Advisors LLC's holdings in Cisco Systems were worth $26,470,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of CSCO. Navigoe LLC purchased a new stake in shares of Cisco Systems in the fourth quarter valued at approximately $26,000. Mpwm Advisory Solutions LLC purchased a new stake in Cisco Systems during the fourth quarter worth $26,000. JDM Financial Group LLC boosted its position in Cisco Systems by 160.4% during the fourth quarter. JDM Financial Group LLC now owns 487 shares of the network equipment provider's stock worth $29,000 after purchasing an additional 300 shares in the last quarter. Pandora Wealth Inc. purchased a new stake in Cisco Systems during the first quarter worth $31,000. Finally, Fairway Wealth LLC boosted its position in Cisco Systems by 224.7% during the first quarter. Fairway Wealth LLC now owns 578 shares of the network equipment provider's stock worth $36,000 after purchasing an additional 400 shares in the last quarter. 73.33% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, CEO Charles Robbins sold 30,557 shares of the business'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 sale, the chief executive officer directly owned 639,000 shares of the company's stock, valued at $42,576,570. The trade was a 4.56% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Oliver Tuszik sold 15,000 shares of the business's stock in a transaction on Wednesday, May 28th. The shares were sold at an average price of $63.53, for a total transaction of $952,950.00. Following the sale, the executive vice president directly owned 131,676 shares of the company's stock, valued at $8,365,376.28. This represents a 10.23% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 135,118 shares of company stock valued at $8,847,167 in the last three months. Company insiders own 0.01% of the company's stock.

Analysts Set New Price Targets

A number of analysts have commented on CSCO shares. Wells Fargo & Company boosted their target price on 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 boosted their target price on Cisco Systems from $64.00 to $70.00 and gave the stock a "neutral" rating in a research report on Thursday, August 14th. Citigroup lifted their price objective on Cisco Systems from $68.00 to $71.00 and gave the stock a "buy" rating in a research report on Thursday, May 15th. Hsbc Global Res downgraded Cisco Systems from a "strong-buy" rating to a "hold" rating in a research report on Friday, August 15th. Finally, Barclays lifted their price objective on 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 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 MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $74.53.

Cisco Systems Price Performance

Shares of NASDAQ:CSCO traded down $0.0550 on Monday, hitting $67.2650. The company had a trading volume of 4,541,083 shares, compared to its average volume of 21,393,004. 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, Inc. has a 52-week low of $47.85 and a 52-week high of $72.55. The business has a 50 day moving average of $68.20 and a 200 day moving average of $63.57. The company has a market cap of $266.37 billion, a PE ratio of 25.68, a PEG ratio of 2.75 and a beta of 0.91.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last released its earnings results 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. Cisco Systems had a return on equity of 27.02% and a net margin of 18.45%.The firm had revenue of $14.67 billion for the quarter, compared to the consensus estimate of $14.63 billion. During the same period in the prior year, the business posted $0.87 earnings per share. The firm's revenue for the quarter was up 7.6% compared to the same quarter last year. 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 anticipate that Cisco Systems, Inc. will post 3.04 earnings per share 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. Investors of record on Friday, October 3rd will be given a dividend of $0.41 per share. The ex-dividend date is Friday, October 3rd. This represents a $1.64 annualized dividend and a yield of 2.4%. Cisco Systems's dividend payout ratio is 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.