HFM Investment Advisors LLC Takes Position in Cisco Systems, Inc. $CSCO

Key Points

• HFM Investment Advisors LLC has acquired a new position in Cisco Systems, purchasing 10,752 shares valued at approximately $664,000, making it the firm's 11th largest holding.
• Several institutional investors have recently increased their stakes in Cisco, with Coppell Advisory Solutions LLC notably raising its position by 1,054.6% to over $2.7 million.
• Analysts have adjusted price targets for Cisco, with targets ranging from $70 to $77 and an average rating of "Moderate Buy," as well as the company recently reporting a quarterly earnings beat with a net margin of 18.45%.

HFM Investment Advisors LLC purchased a new position in Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 10,752 shares of the network equipment provider's stock, valued at approximately $664,000. Cisco Systems comprises 0.2% of HFM Investment Advisors LLC's investment portfolio, making the stock its 11th largest position.

Several other large investors also recently bought and sold shares of the business. MBB Public Markets I LLC bought a new stake in Cisco Systems in the first quarter worth $337,000. Ascent Group LLC increased its position in Cisco Systems by 108.8% in the first quarter. Ascent Group LLC now owns 112,893 shares of the network equipment provider's stock worth $6,967,000 after purchasing an additional 58,816 shares during the last quarter. Coppell Advisory Solutions LLC increased its position in Cisco Systems by 1,054.6% in the first quarter. Coppell Advisory Solutions LLC now owns 47,141 shares of the network equipment provider's stock worth $2,703,000 after purchasing an additional 43,058 shares during the last quarter. Caxton Associates LLP bought a new position in shares of Cisco Systems during the 1st quarter valued at approximately $37,204,000. Finally, Signature Estate & Investment Advisors LLC increased its position in shares of Cisco Systems by 13.6% during the 1st quarter. Signature Estate & Investment Advisors LLC now owns 8,152 shares of the network equipment provider's stock valued at $503,000 after purchasing an additional 978 shares during the last quarter. Institutional investors own 73.33% of the company's stock.

Insiders Place Their Bets

In related news, insider Jeetendra I. Patel sold 9,061 shares of the company's stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $66.60, for a total value of $603,462.60. Following the completion of the sale, the insider directly owned 237,405 shares of the company's stock, valued at $15,811,173. This represents a 3.68% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Maria Victoria Wong sold 3,162 shares of the company's stock in a transaction dated Monday, August 25th. The stock was sold at an average price of $67.28, for a total transaction of $212,739.36. Following the completion of the sale, the senior vice president directly owned 31,468 shares of the company's stock, valued at approximately $2,117,167.04. This trade represents a 9.13% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 89,311 shares of company stock worth $5,916,823. 0.01% of the stock is owned by company insiders.

Analysts Set New Price Targets

CSCO has been the topic of several analyst reports. UBS Group boosted their target price on Cisco Systems from $70.00 to $74.00 and gave the company a "neutral" rating in a research report on Tuesday, August 5th. Piper Sandler lifted their price objective 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. Wolfe Research began coverage on shares of Cisco Systems in a research note on Tuesday, July 8th. They set a "peer perform" rating for the company. KeyCorp began coverage on shares of Cisco Systems in a research note on Thursday, June 26th. They set an "overweight" rating and a $77.00 price objective for the company. Finally, Citigroup lifted their price objective on shares of Cisco Systems from $68.00 to $71.00 and gave the stock a "buy" rating in a research note on Thursday, May 15th. 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 company's stock. According to data from MarketBeat, Cisco Systems currently has an average rating of "Moderate Buy" and an average target price of $74.53.

Cisco Systems Stock Down 0.0%

Shares of CSCO opened at $66.88 on Tuesday. The firm has a market capitalization of $264.39 billion, a P/E ratio of 25.53, a P/E/G ratio of 2.81 and a beta of 0.99. Cisco Systems, Inc. has a 12-month low of $47.85 and a 12-month high of $72.55. The company has a current ratio of 1.00, a quick ratio of 0.91 and a debt-to-equity ratio of 0.49. The firm has a fifty day moving average price of $68.39 and a 200-day moving average price of $63.90.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last issued its earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.98 by $0.01. The firm had revenue of $14.67 billion during 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 business's revenue was up 7.6% on a year-over-year basis. During the same period in the previous year, the firm 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. Equities research analysts expect that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.

Cisco Systems Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 22nd. Stockholders of record on Friday, October 3rd will be paid a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend is Friday, October 3rd. Cisco Systems's payout ratio is currently 62.60%.

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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