Douglass Winthrop Advisors LLC Has $948,000 Holdings in Cisco Systems, Inc. $CSCO

Key Points

• Douglass Winthrop Advisors LLC reduced its stake in Cisco Systems by 24.3% in Q1, holding 15,364 shares valued at $948,000 by the end of the period.
• Cisco Systems reported a quarterly earnings per share (EPS) of $0.99, exceeding analyst expectations, and forecasted Q1 2026 EPS guidance between 0.970 and 0.990.
• The company declared a quarterly dividend of $0.41 per share to be paid on October 22nd, representing an annualized dividend yield of 2.4%.

Douglass Winthrop Advisors LLC reduced its position in shares of Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 24.3% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 15,364 shares of the network equipment provider's stock after selling 4,930 shares during the period. Douglass Winthrop Advisors LLC's holdings in Cisco Systems were worth $948,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the company. Navigoe LLC bought a new position in shares of Cisco Systems in the fourth quarter worth about $26,000. Mpwm Advisory Solutions LLC bought a new position in shares of Cisco Systems in the fourth quarter worth about $26,000. JDM Financial Group LLC raised its stake in shares of Cisco Systems by 160.4% in the fourth quarter. JDM Financial Group LLC now owns 487 shares of the network equipment provider's stock worth $29,000 after acquiring an additional 300 shares during the last quarter. Pandora Wealth Inc. bought a new position in shares of Cisco Systems in the first quarter worth about $31,000. Finally, Fairway Wealth LLC raised its stake in shares of Cisco Systems by 224.7% in the first quarter. Fairway Wealth LLC now owns 578 shares of the network equipment provider's stock worth $36,000 after acquiring an additional 400 shares during the last quarter. 73.33% of the stock is owned by institutional investors.

Cisco Systems Stock Performance

NASDAQ CSCO traded up $0.05 on Wednesday, hitting $68.44. 10,732,812 shares of the stock were exchanged, compared to its average volume of 21,393,197. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.01 and a quick ratio of 0.92. The business's fifty day moving average is $68.29 and its 200 day moving average is $63.64. Cisco Systems, Inc. has a 52 week low of $47.85 and a 52 week high of $72.55. The company has a market capitalization of $271.02 billion, a PE ratio of 26.12, a P/E/G ratio of 2.84 and a beta of 0.91.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last posted its quarterly earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.98 by $0.01. Cisco Systems had a net margin of 18.45% and a return on equity of 27.02%. The firm had revenue of $14.67 billion for the quarter, compared to analyst estimates of $14.63 billion. During the same period in the prior year, the firm posted $0.87 earnings per share. The company's quarterly revenue 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. Research analysts anticipate 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. Shareholders of record on Friday, October 3rd will be issued a $0.41 dividend. This represents a $1.64 annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Friday, October 3rd. Cisco Systems's payout ratio is currently 62.60%.

Insider Transactions at Cisco Systems

In other Cisco Systems news, CEO Charles Robbins sold 30,557 shares of the company's stock in a transaction on Friday, August 15th. The shares were sold at an average price of $66.63, for a total value of $2,036,012.91. Following the transaction, the chief executive officer directly owned 639,000 shares in the company, valued at $42,576,570. The trade was a 4.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Deborah L. Stahlkopf sold 9,783 shares of the company's stock in a transaction on Friday, August 15th. The shares were sold at an average price of $66.60, for a total transaction of $651,547.80. Following the completion of the transaction, the executive vice president owned 161,662 shares in the company, valued at approximately $10,766,689.20. This represents a 5.71% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 115,933 shares of company stock valued at $7,628,428. Corporate insiders own 0.01% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. Piper Sandler boosted their target price on shares of Cisco Systems from $64.00 to $70.00 and gave the stock a "neutral" rating in a research note on Thursday, August 14th. Hsbc Global Res downgraded shares of Cisco Systems from a "strong-buy" rating to a "hold" rating in a research note on Friday, August 15th. KeyCorp initiated coverage on shares of Cisco Systems in a research note on Thursday, June 26th. They issued an "overweight" rating and a $77.00 target price for the company. Evercore ISI lifted their price target on shares of Cisco Systems from $72.00 to $74.00 and gave the stock an "in-line" rating in a research report on Thursday, August 14th. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Cisco Systems from a "hold" rating to a "buy" rating and lifted their price target for the stock from $65.00 to $73.00 in a research report on Monday, June 16th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $74.53.

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.