Focus Partners Advisor Solutions LLC Acquires 13,833 Shares of Cisco Systems, Inc. $CSCO

Focus Partners Advisor Solutions LLC increased its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 20.1% in the first quarter, according to its most recent filing with the SEC. The fund owned 82,737 shares of the network equipment provider's stock after acquiring an additional 13,833 shares during the period. Focus Partners Advisor Solutions LLC's holdings in Cisco Systems were worth $5,106,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of CSCO. Legacy Financial Group Inc. grew its stake in Cisco Systems by 3.4% during the 4th quarter. Legacy Financial Group Inc. now owns 5,100 shares of the network equipment provider's stock worth $302,000 after buying an additional 169 shares during the last quarter. Capital Advantage Inc. grew its stake in Cisco Systems by 1.0% during the 4th quarter. Capital Advantage Inc. now owns 17,361 shares of the network equipment provider's stock worth $1,028,000 after buying an additional 172 shares during the last quarter. Avalon Trust Co grew its stake in Cisco Systems by 5.4% during the 1st quarter. Avalon Trust Co now owns 3,433 shares of the network equipment provider's stock worth $212,000 after buying an additional 177 shares during the last quarter. Rossmore Private Capital grew its stake in Cisco Systems by 0.3% during the 1st quarter. Rossmore Private Capital now owns 69,220 shares of the network equipment provider's stock worth $4,272,000 after buying an additional 181 shares during the last quarter. Finally, GSG Advisors LLC grew its stake in Cisco Systems by 4.8% during the 1st quarter. GSG Advisors LLC now owns 4,023 shares of the network equipment provider's stock valued at $234,000 after purchasing an additional 183 shares during the last quarter. 73.33% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, insider Jeetendra I. Patel sold 9,061 shares of the firm's stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $66.60, for a total value of $603,462.60. Following the transaction, the insider owned 237,405 shares in the company, valued at $15,811,173. This trade represents a 3.68% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Thimaya K. Subaiya sold 8,726 shares of Cisco Systems stock in a transaction that occurred on Tuesday, June 17th. The stock was sold at an average price of $65.54, for a total value of $571,902.04. Following the transaction, the executive vice president owned 174,669 shares in the company, valued at approximately $11,447,806.26. The trade was a 4.76% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 119,095 shares of company stock valued at $7,841,167. 0.01% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several analysts have weighed in on CSCO shares. Wall Street Zen downgraded Cisco Systems from a "strong-buy" rating to a "buy" rating in a research note on Saturday, July 12th. Rosenblatt Securities restated a "buy" rating and issued a $87.00 target price on shares of Cisco Systems in a research note on Thursday, August 14th. Hsbc Global Res downgraded Cisco Systems from a "strong-buy" rating to a "hold" rating in a research note on Friday, August 15th. HSBC reiterated a "hold" rating and set a $69.00 price target on shares of Cisco Systems in a research report on Friday, August 15th. Finally, Citigroup increased their price target on Cisco Systems from $68.00 to $71.00 and gave the stock a "buy" rating in a research report on Thursday, May 15th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat, Cisco Systems has a consensus rating of "Moderate Buy" and an average price target of $74.53.

Cisco Systems Stock Performance

NASDAQ CSCO opened at $69.09 on Tuesday. The company has a market cap of $273.60 billion, a PE ratio of 26.37, a price-to-earnings-growth ratio of 2.93 and a beta of 0.99. The stock's 50 day simple moving average is $68.50 and its 200-day simple moving average is $63.80. Cisco Systems, Inc. has a 1-year low of $47.85 and a 1-year high of $72.55. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.01 and a quick ratio of 0.92.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last released its earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share for the quarter, beating the consensus estimate of $0.98 by $0.01. The business had revenue of $14.67 billion for the quarter, compared to the consensus estimate of $14.63 billion. Cisco Systems had a return on equity of 27.02% and a net margin of 18.45%.The business's quarterly revenue was up 7.6% compared to the same quarter last year. During the same quarter last year, the business posted $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. As a group, equities research analysts anticipate that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.

Cisco Systems Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 22nd. Stockholders of record on Friday, October 3rd will be given 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 dividend payout ratio (DPR) is 62.60%.

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.

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