31,867 Shares in Cisco Systems, Inc. $CSCO Purchased by Marshall Financial Group LLC

Key Points

• Marshall Financial Group LLC has acquired a new stake in Cisco Systems, purchasing 31,867 shares valued at approximately $2.2 million in the second quarter.
• Cisco recently reported earnings of $0.99 per share, surpassing analysts' expectations, with a revenue of $14.67 billion, marking a year-over-year increase of 7.6%.
• The company announced a quarterly dividend of $0.41 per share, set to be paid on October 22nd, with a current dividend yield of 2.4%.

Marshall Financial Group LLC purchased a new position in shares of Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 31,867 shares of the network equipment provider's stock, valued at approximately $2,197,000.

Several other institutional investors also recently added to or reduced their stakes in CSCO. Goldman Sachs Group Inc. increased its position in Cisco Systems by 37.4% during the first quarter. Goldman Sachs Group Inc. now owns 46,973,293 shares of the network equipment provider's stock worth $2,898,722,000 after buying an additional 12,775,066 shares during the period. Nuveen LLC acquired a new position in Cisco Systems during the first quarter worth approximately $750,495,000. Pacer Advisors Inc. increased its position in Cisco Systems by 1,144.2% during the first quarter. Pacer Advisors Inc. now owns 8,120,886 shares of the network equipment provider's stock worth $501,140,000 after buying an additional 7,468,212 shares during the period. GAMMA Investing LLC increased its position in Cisco Systems by 7,096.5% during the first quarter. GAMMA Investing LLC now owns 6,718,402 shares of the network equipment provider's stock worth $414,593,000 after buying an additional 6,625,045 shares during the period. Finally, Acadian Asset Management LLC increased its position in Cisco Systems by 255.9% during the first quarter. Acadian Asset Management LLC now owns 7,819,547 shares of the network equipment provider's stock worth $482,509,000 after buying an additional 5,622,672 shares during the period. Institutional investors and hedge funds own 73.33% of the company's stock.

Cisco Systems Price Performance

CSCO stock traded up $0.96 on Thursday, reaching $68.68. 20,266,802 shares of the company's stock were exchanged, compared to its average volume of 15,571,746. The stock has a fifty day moving average of $68.14 and a 200-day moving average of $64.10. Cisco Systems, Inc. has a twelve month low of $51.15 and a twelve month high of $72.55. The firm has a market cap of $271.51 billion, a PE ratio of 26.21, a P/E/G ratio of 2.85 and a beta of 0.99. 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 (NASDAQ:CSCO - Get Free Report) last announced its quarterly earnings data on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share for the quarter, topping analysts' consensus estimates of $0.98 by $0.01. The firm had revenue of $14.67 billion for the quarter, compared to analyst estimates of $14.63 billion. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.Cisco Systems's quarterly revenue was up 7.6% on a year-over-year basis. During the same quarter in the prior year, the company 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 analysts predict that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.

Cisco Systems Announces Dividend

The business also recently disclosed 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 is currently 62.60%.

Insiders Place Their Bets

In other news, insider Jeetendra I. Patel sold 9,061 shares of the company's stock in a transaction 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 sale, the insider directly owned 237,405 shares in the company, valued at $15,811,173. This represents a 3.68% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Deborah L. Stahlkopf sold 2,718 shares of the company's stock in a transaction on Thursday, September 11th. The shares were sold at an average price of $68.08, for a total value of $185,041.44. Following the completion of the sale, the executive vice president owned 157,184 shares in the company, valued at $10,701,086.72. This represents a 1.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 65,439 shares of company stock valued at $4,369,104. Insiders own 0.01% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the company. Wolfe Research assumed coverage on Cisco Systems in a report on Tuesday, July 8th. They issued a "peer perform" rating on the stock. Barclays boosted their target price on Cisco Systems from $66.00 to $71.00 and gave the company an "equal weight" rating in a report on Thursday, August 14th. Wells Fargo & Company boosted their target price on Cisco Systems from $75.00 to $83.00 and gave the company an "overweight" rating in a report on Thursday, August 14th. UBS Group boosted their target price on Cisco Systems from $70.00 to $74.00 and gave the company a "neutral" rating in a report on Tuesday, August 5th. Finally, William Blair raised Cisco Systems to a "hold" rating in a report on Thursday, August 14th. 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's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $74.53.

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.