Focus Financial Network Inc. Grows Stock Position in Cisco Systems, Inc. $CSCO

Key Points

• Focus Financial Network Inc. increased its stake in Cisco Systems by 19.2%, holding 30,347 shares valued at approximately $2,105,000.
• Insider transactions were reported, with EVP Thimaya K. Subaiya and CEO Charles Robbins selling a combined total of 38,068 shares in August, indicating a decrease in their ownership.
• Several brokerages upgraded their ratings on Cisco Systems, with price targets ranging from $66.00 to $87.00, reflecting positive sentiment among analysts.

Focus Financial Network Inc. boosted its stake in Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 19.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 30,347 shares of the network equipment provider's stock after acquiring an additional 4,896 shares during the period. Focus Financial Network Inc.'s holdings in Cisco Systems were worth $2,105,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Ashton Thomas Securities LLC lifted its position in Cisco Systems by 2.9% during the first quarter. Ashton Thomas Securities LLC now owns 5,654 shares of the network equipment provider's stock valued at $349,000 after buying an additional 159 shares during the period. Central Valley Advisors LLC raised its position in shares of Cisco Systems by 2.6% in the 2nd quarter. Central Valley Advisors LLC now owns 6,303 shares of the network equipment provider's stock worth $437,000 after purchasing an additional 159 shares during the last quarter. Boltwood Capital Management raised its position in shares of Cisco Systems by 1.4% in the 2nd quarter. Boltwood Capital Management now owns 11,593 shares of the network equipment provider's stock worth $804,000 after purchasing an additional 160 shares during the last quarter. Sapient Capital LLC raised its position in shares of Cisco Systems by 0.6% in the 2nd quarter. Sapient Capital LLC now owns 24,957 shares of the network equipment provider's stock worth $1,732,000 after purchasing an additional 160 shares during the last quarter. Finally, Greenline Partners LLC raised its position in shares of Cisco Systems by 0.5% in the 1st quarter. Greenline Partners LLC now owns 32,570 shares of the network equipment provider's stock worth $2,010,000 after purchasing an additional 162 shares during the last quarter. Hedge funds and other institutional investors own 73.33% of the company's stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. Wall Street Zen lowered Cisco Systems from a "strong-buy" rating to a "buy" rating in a research report on Saturday, July 12th. UBS Group boosted their target price on Cisco Systems from $70.00 to $74.00 and gave the stock a "neutral" rating in a research report on Tuesday, August 5th. Deutsche Bank Aktiengesellschaft raised Cisco Systems from a "hold" rating to a "buy" rating and boosted their target price for the stock from $65.00 to $73.00 in a research report on Monday, June 16th. Hsbc Global Res downgraded Cisco Systems from a "strong-buy" rating to a "hold" rating in a research note on Friday, August 15th. Finally, Wolfe Research started coverage on Cisco Systems in a research note on Tuesday, July 8th. They set a "peer perform" rating for the company. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $74.53.

Cisco Systems Price Performance

NASDAQ CSCO traded down $0.47 during trading hours on Friday, reaching $68.21. The company's stock had a trading volume of 47,786,669 shares, compared to its average volume of 15,962,866. The firm's 50-day moving average price is $68.14 and its 200-day moving average price is $64.13. 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, Inc. has a 1 year low of $51.42 and a 1 year high of $72.55. The company has a market capitalization of $269.65 billion, a price-to-earnings ratio of 26.03, a PEG ratio of 2.89 and a beta of 0.99.

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

Cisco Systems Dividend Announcement

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 is 62.60%.

Insider Buying and Selling at Cisco Systems

In other news, CEO Charles Robbins sold 30,557 shares of the company's stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $66.63, for a total transaction of $2,036,012.91. Following the sale, the chief executive officer directly owned 639,000 shares of the company's stock, valued at $42,576,570. This represents a 4.56% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Jeetendra I. Patel sold 9,061 shares of the stock in a transaction on Friday, August 15th. The shares were sold at an average price of $66.60, for a total value of $603,462.60. Following the sale, the insider owned 237,405 shares in the company, valued at $15,811,173. The trade was a 3.68% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 65,439 shares of company stock worth $4,369,104. Company insiders own 0.01% of the company's stock.

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.