Drucker Wealth 3.0 LLC Boosts Holdings in Cisco Systems, Inc. $CSCO

Key Points

• Drucker Wealth 3.0 LLC increased its stake in Cisco Systems by 257.2%, acquiring an additional 21,098 shares, bringing its total holdings to 29,300 shares valued at approximately $2.03 million.
• Cisco Systems reported earnings of $0.99 per share for the quarter, surpassing forecasts and showing a 7.6% increase in revenue year-over-year.
• The company announced a quarterly dividend of $0.41 per share, with an upcoming ex-dividend date of October 3, reflecting a 2.4% yield.

Drucker Wealth 3.0 LLC boosted its position in shares of Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 257.2% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 29,300 shares of the network equipment provider's stock after acquiring an additional 21,098 shares during the period. Drucker Wealth 3.0 LLC's holdings in Cisco Systems were worth $2,030,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in CSCO. Brighton Jones LLC raised its holdings in shares of Cisco Systems by 49.5% in the fourth quarter. Brighton Jones LLC now owns 74,187 shares of the network equipment provider's stock worth $4,392,000 after buying an additional 24,562 shares during the last quarter. Revolve Wealth Partners LLC raised its holdings in shares of Cisco Systems by 37.0% in the fourth quarter. Revolve Wealth Partners LLC now owns 9,156 shares of the network equipment provider's stock worth $542,000 after buying an additional 2,474 shares during the last quarter. GAMMA Investing LLC raised its holdings in shares of Cisco Systems by 16.6% in the first quarter. GAMMA Investing LLC now owns 108,871 shares of the network equipment provider's stock worth $6,718,000 after buying an additional 15,514 shares during the last quarter. Assenagon Asset Management S.A. raised its holdings in shares of Cisco Systems by 0.3% in the first quarter. Assenagon Asset Management S.A. now owns 166,173 shares of the network equipment provider's stock worth $10,255,000 after buying an additional 484 shares during the last quarter. Finally, Thomasville National Bank increased its stake in shares of Cisco Systems by 5.8% in the first quarter. Thomasville National Bank now owns 22,653 shares of the network equipment provider's stock worth $1,398,000 after acquiring an additional 1,241 shares during the period. Hedge funds and other institutional investors own 73.33% of the company's stock.

Cisco Systems Stock Down 2.9%

CSCO stock opened at $67.94 on Friday. The firm has a market cap of $268.58 billion, a PE ratio of 25.93, a P/E/G ratio of 2.94 and a beta of 0.97. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.91 and a current ratio of 1.00. The firm's fifty day moving average is $68.24 and its 200 day moving average is $64.86. Cisco Systems, Inc. has a one year low of $52.11 and a one year high of $72.55.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last released its quarterly earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 EPS for the quarter, beating the consensus estimate of $0.98 by $0.01. The company had revenue of $14.67 billion for the quarter, compared to analyst estimates of $14.63 billion. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. The firm's revenue was up 7.6% on a year-over-year basis. During the same quarter last year, the business earned $0.87 earnings per share. Cisco Systems has set its Q1 2026 guidance at 0.970-0.990 EPS. FY 2026 guidance at 4.000-4.060 EPS. On average, research analysts forecast that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Dividend Announcement

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 dividend of $0.41 per share. This represents a $1.64 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend is Friday, October 3rd. Cisco Systems's dividend payout ratio (DPR) is presently 62.60%.

Analysts Set New Price Targets

A number of research firms have recently weighed in on CSCO. Bank of America increased their price objective on shares of Cisco Systems from $76.00 to $85.00 and gave the stock a "buy" rating in a research note on Thursday, August 14th. Deutsche Bank Aktiengesellschaft upgraded shares of Cisco Systems from a "hold" rating to a "buy" rating and increased their price objective for the stock from $65.00 to $73.00 in a research note on Monday, June 16th. KeyCorp began coverage on shares of Cisco Systems in a research note on Thursday, June 26th. They issued an "overweight" rating and a $77.00 price objective on the stock. CICC Research began coverage on shares of Cisco Systems in a research note on Monday, July 14th. They issued an "outperform" rating and a $78.00 price objective on the stock. Finally, Wall Street Zen lowered shares of Cisco Systems from a "strong-buy" rating to a "buy" rating in a research note on Saturday, July 12th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $74.89.

Insider Buying and Selling at Cisco Systems

In other Cisco Systems news, EVP Oliver Tuszik sold 17,526 shares of the stock in a transaction on Friday, September 19th. The shares were sold at an average price of $67.95, for a total transaction of $1,190,891.70. Following the transaction, the executive vice president directly owned 198,855 shares of the company's stock, valued at $13,512,197.25. This trade represents a 8.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Charles Robbins sold 30,557 shares of the 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 transaction, the chief executive officer directly owned 639,000 shares in the company, valued at approximately $42,576,570. The trade was a 4.56% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 82,965 shares of company stock valued at $5,559,996. Insiders own 0.01% of the company's stock.

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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