Motive Wealth Advisors Buys Shares of 3,764 Cisco Systems, Inc. $CSCO

Key Points

• Motive Wealth Advisors acquired 3,764 shares of Cisco Systems, valued at approximately $261,000, marking a new position for the institutional investor.
• Several brokerages upgraded their price targets for Cisco Systems, with Wells Fargo raising it to $83.00 and Bank of America to $85.00, indicating a positive outlook for the stock.
• Cisco Systems has declared a quarterly dividend of $0.41 per share to be paid on October 22nd, reflecting an annualized dividend yield of 2.4%.

Motive Wealth Advisors bought a new position in Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 3,764 shares of the network equipment provider's stock, valued at approximately $261,000.

Other hedge funds also recently made changes to their positions in the company. Pandora Wealth Inc. bought a new position in Cisco Systems in the 1st quarter worth approximately $31,000. Nova Wealth Management Inc. bought a new position in Cisco Systems in the 1st quarter worth approximately $31,000. 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 worth $36,000 after buying an additional 400 shares in the last quarter. Accent Capital Management LLC bought a new position in Cisco Systems in the 1st quarter worth approximately $36,000. Finally, Investment Management Corp VA ADV grew its holdings in Cisco Systems by 145.3% in the 1st quarter. Investment Management Corp VA ADV now owns 596 shares of the network equipment provider's stock worth $37,000 after buying an additional 353 shares in the last quarter. Institutional investors own 73.33% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on CSCO. Piper Sandler upped their price target 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. Wells Fargo & Company upped their price target on shares of Cisco Systems from $75.00 to $83.00 and gave the stock an "overweight" rating in a research note on Thursday, August 14th. Bank of America upped their price target on shares of Cisco Systems from $76.00 to $85.00 and gave the stock a "buy" rating in a research note on Thursday, August 14th. Morgan Stanley upped their price target on shares of Cisco Systems from $67.00 to $70.00 and gave the stock an "overweight" rating in a research note on Friday, July 18th. Finally, Evercore ISI upped their price target on shares of Cisco Systems from $72.00 to $74.00 and gave the stock an "in-line" rating in a research note on Thursday, August 14th. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat.com, Cisco Systems has an average rating of "Moderate Buy" and a consensus price target of $74.53.

Cisco Systems Stock Down 0.3%

NASDAQ CSCO opened at $67.32 on Thursday. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.00 and a quick ratio of 0.91. The company's 50 day simple moving average is $68.15 and its 200 day simple moving average is $64.21. Cisco Systems, Inc. has a 12 month low of $52.11 and a 12 month high of $72.55. The company has a market capitalization of $266.13 billion, a P/E ratio of 25.69, a PEG ratio of 2.84 and a beta of 0.99.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last released its earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 EPS for the quarter, topping analysts' consensus estimates of $0.98 by $0.01. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. The business had revenue of $14.67 billion for the quarter, compared to the consensus estimate of $14.63 billion. During the same period in the previous year, the firm earned $0.87 EPS. The business's revenue for the quarter was up 7.6% on a year-over-year basis. 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 fiscal year.

Cisco Systems Dividend Announcement

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

Insider Buying and Selling at Cisco Systems

In other news, EVP Oliver Tuszik sold 17,526 shares of the business's stock in a transaction that occurred on Friday, September 19th. The shares were sold at an average price of $67.95, for a total transaction of $1,190,891.70. Following the sale, the executive vice president owned 198,855 shares in the company, valued at $13,512,197.25. The trade was a 8.10% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Deborah L. Stahlkopf sold 2,718 shares of the business's stock in a transaction that occurred on 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 owned 157,184 shares in the company, valued at $10,701,086.72. This represents a 1.70% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 82,965 shares of company stock valued at $5,559,996 over the last three months. 0.01% of the stock is owned by insiders.

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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