Dynamic Advisor Solutions LLC Has $7.73 Million Stock Holdings in Cisco Systems, Inc. $CSCO

Key Points

• Dynamic Advisor Solutions LLC sold 6,460 shares of Cisco Systems, reducing its holdings by 5.5% to a total of 111,429 shares, valued at approximately $7.73 million.
• Cisco recently reported earnings of $0.99 per share, exceeding the analyst estimate of $0.98, with revenue up 7.6% year-over-year at $14.67 billion.
• The company announced a quarterly dividend of $0.41 per share, reflecting an annualized yield of 2.5%, with a record date on October 3rd.

Dynamic Advisor Solutions LLC lessened its stake in Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 5.5% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 111,429 shares of the network equipment provider's stock after selling 6,460 shares during the period. Dynamic Advisor Solutions LLC's holdings in Cisco Systems were worth $7,731,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Mpwm Advisory Solutions LLC bought a new position in Cisco Systems during the fourth quarter worth $26,000. JDM Financial Group LLC boosted its holdings in shares of Cisco Systems by 160.4% in the 4th quarter. JDM Financial Group LLC now owns 487 shares of the network equipment provider's stock valued at $29,000 after buying an additional 300 shares during the period. Pandora Wealth Inc. bought a new stake in shares of Cisco Systems during the 1st quarter valued at about $31,000. Nova Wealth Management Inc. acquired a new stake in Cisco Systems during the first quarter worth about $31,000. Finally, Fairway Wealth LLC lifted its holdings in 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. Institutional investors own 73.33% of the company's stock.

Cisco Systems Trading Down 0.7%

Shares of Cisco Systems stock traded down $0.47 during trading on Friday, hitting $68.21. The stock had a trading volume of 47,786,669 shares, compared to its average volume of 15,962,866. The stock has a 50 day simple moving average of $68.14 and a 200 day simple moving average of $64.13. The company has a market capitalization of $269.65 billion, a PE ratio of 26.03, a P/E/G ratio of 2.89 and a beta of 0.99. Cisco Systems, Inc. has a 1 year low of $51.42 and a 1 year high of $72.55. The company has a quick ratio of 0.91, a current ratio of 1.00 and a debt-to-equity ratio of 0.49.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last issued its earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 EPS for the quarter, beating analysts' consensus estimates of $0.98 by $0.01. Cisco Systems had a return on equity of 27.06% 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 quarter in the previous year, the company posted $0.87 earnings per share. The business'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. On average, research analysts expect that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.

Cisco Systems Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 22nd. Stockholders 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 dividend 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%.

Insider Transactions at Cisco Systems

In related news, CEO Charles Robbins sold 30,557 shares of the firm's stock in a transaction dated Friday, August 15th. The stock was sold at an average price of $66.63, for a total value of $2,036,012.91. Following the transaction, the chief executive officer owned 639,000 shares in the company, valued at $42,576,570. This trade represents a 4.56% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Deborah L. Stahlkopf sold 2,718 shares of the firm's stock in a transaction dated Thursday, September 11th. The stock was sold at an average price of $68.08, for a total value of $185,041.44. Following the transaction, the executive vice president owned 157,184 shares in the company, 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 three months, insiders have sold 65,439 shares of company stock worth $4,369,104. 0.01% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

CSCO has been the topic of a number of research reports. 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. Barclays lifted their price objective on shares of Cisco Systems from $66.00 to $71.00 and gave the company an "equal weight" rating in a research report on Thursday, August 14th. Evercore ISI raised their price target on shares of Cisco Systems from $72.00 to $74.00 and gave the company an "in-line" rating in a research note on Thursday, August 14th. UBS Group boosted their price objective on Cisco Systems from $70.00 to $74.00 and gave the stock a "neutral" rating in a research report on Tuesday, August 5th. Finally, HSBC restated a "hold" rating and issued a $69.00 target price on shares of Cisco Systems in a research report on Friday, August 15th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and ten have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, Cisco Systems currently has an average rating of "Moderate Buy" and an average price target of $74.53.

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.