PKO Investment Management Joint Stock Co Buys 45,000 Shares of Cisco Systems, Inc. $CSCO

Key Points

• PKO Investment Management Joint Stock Co increased its stake in Cisco Systems by 150% during the 2nd quarter, acquiring an additional 45,000 shares to hold a total of 75,000 shares valued at approximately $5.2 million.
• In August, Cisco reported earnings of $0.99 per share, exceeding analysts' expectations, with revenue of $14.67 billion reflecting a 7.6% year-over-year increase.
• The company recently announced a quarterly dividend of $0.41 per share, providing a 2.3% dividend yield to shareholders.

PKO Investment Management Joint Stock Co lifted its stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 150.0% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 75,000 shares of the network equipment provider's stock after acquiring an additional 45,000 shares during the quarter. PKO Investment Management Joint Stock Co's holdings in Cisco Systems were worth $5,204,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in CSCO. Sage Mountain Advisors LLC raised its holdings in shares of Cisco Systems by 3.2% in the 2nd quarter. Sage Mountain Advisors LLC now owns 42,678 shares of the network equipment provider's stock worth $2,961,000 after buying an additional 1,321 shares in the last quarter. DDD Partners LLC boosted its position in Cisco Systems by 2.7% in the 2nd quarter. DDD Partners LLC now owns 360,645 shares of the network equipment provider's stock valued at $25,022,000 after buying an additional 9,548 shares during the last quarter. Moment Partners LLC boosted its position in Cisco Systems by 1.9% in the 2nd quarter. Moment Partners LLC now owns 17,552 shares of the network equipment provider's stock valued at $1,218,000 after buying an additional 332 shares during the last quarter. West Michigan Advisors LLC boosted its position in shares of Cisco Systems by 66.2% in the 2nd quarter. West Michigan Advisors LLC now owns 15,845 shares of the network equipment provider's stock worth $1,099,000 after purchasing an additional 6,311 shares during the last quarter. Finally, Moloney Securities Asset Management LLC raised its stake in Cisco Systems by 1.2% during the 2nd quarter. Moloney Securities Asset Management LLC now owns 62,147 shares of the network equipment provider's stock worth $4,312,000 after buying an additional 762 shares during the period. Institutional investors own 73.33% of the company's stock.

Insider Activity

In other Cisco Systems news, EVP Deborah L. Stahlkopf sold 9,783 shares of the stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $66.60, for a total value of $651,547.80. Following the completion of the sale, the executive vice president owned 161,662 shares in the company, valued at approximately $10,766,689.20. This trade represents a 5.71% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Oliver Tuszik sold 17,526 shares of Cisco Systems stock in a transaction that occurred on Friday, September 19th. The stock was sold at an average price of $67.95, for a total transaction of $1,190,891.70. Following the transaction, the executive vice president directly owned 198,855 shares in the company, valued at approximately $13,512,197.25. This represents a 8.10% decrease in their position. 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. Company insiders own 0.01% of the company's stock.

Cisco Systems Stock Up 0.5%

Shares of CSCO opened at $70.63 on Friday. Cisco Systems, Inc. has a one year low of $52.11 and a one year high of $72.55. The company has a market cap of $279.21 billion, a P/E ratio of 26.96, a P/E/G ratio of 2.96 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. The firm has a 50 day simple moving average of $68.30 and a two-hundred day simple moving average of $65.61.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last issued its quarterly earnings results 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 during the quarter, compared to the consensus estimate of $14.63 billion. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The business's revenue was up 7.6% compared to the same quarter last year. During the same period last year, the business posted $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. Research analysts forecast that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.

Cisco Systems Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 22nd. Shareholders of record on Friday, October 3rd were paid a dividend of $0.41 per share. The ex-dividend date was Friday, October 3rd. This represents a $1.64 annualized dividend and a yield of 2.3%. Cisco Systems's dividend payout ratio (DPR) is 62.60%.

Wall Street Analyst Weigh In

Several research firms have issued reports on CSCO. Bank of America lifted their price target on Cisco Systems from $76.00 to $85.00 and gave the company a "buy" rating in a research note on Thursday, August 14th. Barclays lifted their price target on Cisco Systems from $66.00 to $71.00 and gave the stock an "equal weight" rating in a report on Thursday, August 14th. Wall Street Zen cut Cisco Systems from a "strong-buy" rating to a "buy" rating in a report on Saturday, July 12th. Morgan Stanley lifted their price target on Cisco Systems from $73.00 to $77.00 and gave the stock an "overweight" rating in a report on Friday, October 10th. Finally, JPMorgan Chase & Co. lifted their price target on Cisco Systems from $73.00 to $78.00 and gave the stock an "overweight" rating in a report on Thursday, July 17th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat, Cisco Systems has an average rating of "Moderate Buy" and an average price target of $74.72.

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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