LS Investment Advisors LLC Purchases 7,755 Shares of Cisco Systems, Inc. $CSCO

Key Points

• LS Investment Advisors LLC increased its stake in Cisco Systems, Inc. by 45.1% during the second quarter, acquiring an additional 7,755 shares, bringing its total ownership to 24,945 shares valued at approximately $1.73 million.
• Cisco recently reported a $0.99 EPS for the quarter, exceeding expectations, with revenues of $14.67 billion, demonstrating a 7.6% year-over-year growth.
• The company has declared a quarterly dividend of $0.41 per share, set to be paid on October 22nd, with an annualized yield of 2.4%.

LS Investment Advisors LLC increased its position in shares of Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 45.1% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 24,945 shares of the network equipment provider's stock after buying an additional 7,755 shares during the period. LS Investment Advisors LLC's holdings in Cisco Systems were worth $1,731,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of CSCO. Pandora Wealth Inc. acquired a new position in shares of Cisco Systems during the first quarter valued at about $31,000. Nova Wealth Management Inc. bought a new stake in Cisco Systems in the first quarter worth about $31,000. Fairway Wealth LLC raised its position 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 period. Accent Capital Management LLC bought a new stake in Cisco Systems in the first quarter worth about $36,000. Finally, Investment Management Corp VA ADV raised its position in Cisco Systems by 145.3% in the first quarter. Investment Management Corp VA ADV now owns 596 shares of the network equipment provider's stock worth $37,000 after acquiring an additional 353 shares during the period. 73.33% of the stock is currently owned by institutional investors and hedge funds.

Cisco Systems Stock Up 0.8%

Shares of NASDAQ CSCO opened at $67.85 on Friday. The company has a current ratio of 1.00, a quick ratio of 0.91 and a debt-to-equity ratio of 0.49. Cisco Systems, Inc. has a 12 month low of $52.11 and a 12 month high of $72.55. The firm has a market capitalization of $268.22 billion, a PE ratio of 25.90, a price-to-earnings-growth ratio of 2.83 and a beta of 0.99. The firm has a fifty day simple moving average of $68.14 and a two-hundred day simple moving average of $64.25.

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

Cisco Systems Announces Dividend

The firm 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. The ex-dividend date of this dividend is Friday, October 3rd. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.4%. Cisco Systems's dividend payout ratio is currently 62.60%.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on CSCO. Hsbc Global Res lowered shares of Cisco Systems from a "strong-buy" rating to a "hold" rating in a research report on Friday, August 15th. KeyCorp started coverage on shares of Cisco Systems in a research note on Thursday, June 26th. They issued an "overweight" rating and a $77.00 price target for the company. Wall Street Zen cut shares of Cisco Systems from a "strong-buy" rating to a "buy" rating in a research note on Saturday, July 12th. Wolfe Research started coverage on shares of Cisco Systems in a research note on Tuesday, July 8th. They issued a "peer perform" rating for the company. Finally, Evercore ISI upped their price objective 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. 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, the company presently has an average rating of "Moderate Buy" and an average price target of $74.53.

Insider Transactions at Cisco Systems

In related news, EVP Thimaya K. Subaiya sold 1,744 shares of the stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $66.78, for a total transaction of $116,464.32. Following the sale, the executive vice president directly owned 158,009 shares of the company's stock, valued at approximately $10,551,841.02. This represents a 1.09% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Deborah L. Stahlkopf sold 2,718 shares of the stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $68.08, for a total transaction of $185,041.44. Following the sale, the executive vice president directly owned 157,184 shares in the company, valued at $10,701,086.72. This trade represents a 1.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 82,965 shares of company stock worth $5,559,996. 0.01% of the stock is owned by insiders.

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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