Cwm LLC Has $82.38 Million Position in Cisco Systems, Inc. $CSCO

Key Points

• Cwm LLC increased its stake in Cisco Systems by 2.2%, holding a total of 1,187,375 shares valued at approximately $82.38 million.
• Bank of America raised its price target for Cisco Systems from $76.00 to $85.00 and rated it as a "buy".
• Cisco Systems recently reported $0.99 earnings per share (EPS) for its latest quarter, surpassing estimates, with a revenue of $14.67 billion.

Cwm LLC raised its position in Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 2.2% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 1,187,375 shares of the network equipment provider's stock after acquiring an additional 25,507 shares during the period. Cwm LLC's holdings in Cisco Systems were worth $82,380,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Financial Connections Group Inc. lifted its stake in Cisco Systems by 89.4% in the 2nd quarter. Financial Connections Group Inc. now owns 409 shares of the network equipment provider's stock valued at $28,000 after acquiring an additional 193 shares in the last quarter. Pandora Wealth Inc. bought a new stake in Cisco Systems in the 1st quarter valued at approximately $31,000. Nova Wealth Management Inc. acquired a new position in shares of Cisco Systems during the 1st quarter worth approximately $31,000. Brown Shipley& Co Ltd bought a new stake in shares of Cisco Systems during the 2nd quarter worth approximately $32,000. Finally, Fairway Wealth LLC boosted its holdings in shares of Cisco Systems by 224.7% in the 1st quarter. Fairway Wealth LLC now owns 578 shares of the network equipment provider's stock valued at $36,000 after buying an additional 400 shares during the last quarter. Institutional investors own 73.33% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts have recently commented on CSCO shares. Bank of America increased their price objective on Cisco Systems from $76.00 to $85.00 and gave the company a "buy" rating in a report on Thursday, August 14th. Wolfe Research started coverage on Cisco Systems in a report on Tuesday, July 8th. They issued a "peer perform" rating for the company. Wall Street Zen downgraded Cisco Systems from a "strong-buy" rating to a "buy" rating in a report on Saturday, July 12th. CICC Research started coverage on Cisco Systems in a report on Monday, July 14th. They issued an "outperform" rating and a $78.00 price objective for the company. Finally, Weiss Ratings reissued a "buy (b-)" rating on shares of Cisco Systems in a report on Wednesday. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat.com, Cisco Systems has an average rating of "Moderate Buy" and a consensus target price of $74.89.

Cisco Systems Stock Performance

Shares of NASDAQ CSCO opened at $67.94 on Friday. The stock has a 50 day moving average of $68.24 and a 200-day moving average of $64.88. The company has a market capitalization of $268.58 billion, a P/E ratio of 25.93, a P/E/G ratio of 2.86 and a beta of 0.97. Cisco Systems, Inc. has a 12 month low of $52.11 and a 12 month high of $72.55. The company has a current ratio of 1.00, a quick ratio of 0.91 and a debt-to-equity ratio of 0.49.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last released its quarterly earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.98 by $0.01. The business had revenue of $14.67 billion during the quarter, compared to the consensus estimate of $14.63 billion. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The firm's quarterly revenue was up 7.6% on a year-over-year basis. During the same period in the previous 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 research analysts predict that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 22nd. Investors of record on Friday, October 3rd will be paid a $0.41 dividend. The ex-dividend date is Friday, October 3rd. This represents a $1.64 annualized dividend and a yield of 2.4%. Cisco Systems's payout ratio is 62.60%.

Insiders Place Their Bets

In related news, EVP Deborah L. Stahlkopf sold 2,718 shares of the business'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 in the company, valued at $10,701,086.72. The trade was a 1.70% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Oliver Tuszik sold 17,526 shares of the company's stock in a transaction on Friday, September 19th. The shares were sold at an average price of $67.95, for a total value of $1,190,891.70. Following the sale, the executive vice president owned 198,855 shares of the company's stock, valued at approximately $13,512,197.25. The trade was a 8.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 82,965 shares of company stock worth $5,559,996 over the last three months. 0.01% of the stock is currently owned by corporate insiders.

Cisco Systems 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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