Hudson Valley Investment Advisors Inc. ADV Has $8.91 Million Stake in Cisco Systems, Inc. $CSCO

Key Points

• Hudson Valley Investment Advisors Inc. ADV increased its stake in Cisco Systems, Inc. by 7.8% during Q2, now holding 128,484 shares valued at approximately $8.91 million.
• Recent insider trades include sales by SVP Maria Victoria Wong and CEO Charles Robbins, reducing their holdings by 1.38% and 4.56% respectively.
• Cisco Systems reported Q1 earnings of $0.99 EPS, exceeding analyst expectations, with revenue of $14.67 billion, marking a 7.6% increase compared to the previous year.

Hudson Valley Investment Advisors Inc. ADV increased its stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 7.8% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 128,484 shares of the network equipment provider's stock after acquiring an additional 9,340 shares during the period. Hudson Valley Investment Advisors Inc. ADV's holdings in Cisco Systems were worth $8,914,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Pandora Wealth Inc. acquired a new position 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 in the 1st quarter valued at approximately $31,000. Brown Shipley& Co Ltd acquired a new stake in Cisco Systems in the 2nd quarter valued at approximately $32,000. Fairway Wealth LLC grew its holdings in Cisco Systems by 224.7% in the 1st quarter. Fairway Wealth LLC now owns 578 shares of the network equipment provider's stock valued at $36,000 after buying an additional 400 shares during the last quarter. Finally, Accent Capital Management LLC acquired a new stake in Cisco Systems in the 1st quarter valued at approximately $36,000. Institutional investors and hedge funds own 73.33% of the company's stock.

Insider Transactions at Cisco Systems

In other Cisco Systems news, SVP Maria Victoria Wong sold 428 shares of the business's stock in a transaction that occurred on Thursday, September 11th. The stock was sold at an average price of $68.25, for a total value of $29,211.00. Following the sale, the senior vice president owned 30,619 shares in the company, valued at approximately $2,089,746.75. The trade was a 1.38% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Charles Robbins sold 30,557 shares of the business's stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $66.63, for a total value of $2,036,012.91. Following the completion of the sale, the chief executive officer owned 639,000 shares in the company, valued at $42,576,570. The trade was a 4.56% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 82,965 shares of company stock worth $5,559,996. Corporate insiders own 0.01% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on CSCO. CICC Research began coverage on Cisco Systems in a report on Monday, July 14th. They issued an "outperform" rating and a $78.00 target price on the stock. Wolfe Research began coverage on Cisco Systems in a report on Tuesday, July 8th. They issued a "peer perform" rating on the stock. Wall Street Zen lowered Cisco Systems from a "strong-buy" rating to a "buy" rating in a report on Saturday, July 12th. Rosenblatt Securities reaffirmed a "buy" rating and issued a $87.00 target price on shares of Cisco Systems in a report on Thursday, August 14th. Finally, Hsbc Global Res downgraded Cisco Systems from a "strong-buy" rating to a "hold" rating in a research report on Friday, August 15th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $74.53.

Cisco Systems Stock Down 0.6%

Shares of Cisco Systems stock opened at $67.92 on Friday. Cisco Systems, Inc. has a 1 year low of $52.11 and a 1 year high of $72.55. The business has a 50-day moving average of $68.10 and a two-hundred day moving average of $64.57. The company has a market capitalization of $268.50 billion, a P/E ratio of 25.92, a price-to-earnings-growth ratio of 2.87 and a beta of 0.97. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.00 and a quick ratio of 0.91.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last announced its quarterly earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.98 by $0.01. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The company had revenue of $14.67 billion during the quarter, compared to the consensus estimate of $14.63 billion. During the same period in the prior year, the company earned $0.87 earnings per share. The company's revenue for the quarter 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. As a group, equities analysts predict that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 22nd. Shareholders of record on Friday, October 3rd will be paid a $0.41 dividend. The ex-dividend date is Friday, October 3rd. This represents a $1.64 annualized dividend and a yield of 2.4%. Cisco Systems's payout ratio is presently 62.60%.

Cisco Systems 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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