Ransom Advisory Ltd Invests $2.73 Million in Cisco Systems, Inc. $CSCO

Key Points

• Ransom Advisory Ltd recently invested $2.73 million in Cisco Systems, Inc., acquiring 44,234 shares, which now make up 1.3% of their portfolio.
• Cisco Systems reported quarterly earnings of $0.99 per share, exceeding analysts' expectations, with a revenue of $14.67 billion, reflecting a 7.6% year-over-year increase.
• The company announced a quarterly dividend of $0.41, with an annualized dividend yield of 2.4%, set to be paid on October 22nd.

Ransom Advisory Ltd bought a new position in shares of Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 44,234 shares of the network equipment provider's stock, valued at approximately $2,730,000. Cisco Systems accounts for 1.3% of Ransom Advisory Ltd's holdings, making the stock its 18th biggest holding.

Several other institutional investors and hedge funds also recently modified their holdings of CSCO. Mpwm Advisory Solutions LLC purchased a new stake in shares of Cisco Systems in the fourth quarter valued at about $26,000. JDM Financial Group LLC lifted its holdings in shares of Cisco Systems by 160.4% in the fourth quarter. JDM Financial Group LLC now owns 487 shares of the network equipment provider's stock valued at $29,000 after purchasing an additional 300 shares in the last quarter. Pandora Wealth Inc. purchased a new stake in shares of Cisco Systems in the first quarter valued at about $31,000. Fairway Wealth LLC lifted its holdings in shares of Cisco Systems by 224.7% in the first quarter. Fairway Wealth LLC now owns 578 shares of the network equipment provider's stock valued at $36,000 after purchasing an additional 400 shares in the last quarter. Finally, Accent Capital Management LLC purchased a new stake in shares of Cisco Systems in the first quarter valued at about $36,000. Hedge funds and other institutional investors own 73.33% of the company's stock.

Insider Activity at Cisco Systems

In other Cisco Systems news, CFO Richard Scott Herren sold 15,678 shares of the stock in a transaction that occurred on Tuesday, June 17th. The shares were sold at an average price of $65.52, for a total transaction of $1,027,222.56. Following the transaction, the chief financial officer owned 309,543 shares of the company's stock, valued at $20,281,257.36. This trade represents a 4.82% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Thimaya K. Subaiya sold 8,726 shares of the stock in a transaction that occurred on Tuesday, June 17th. The stock was sold at an average price of $65.54, for a total transaction of $571,902.04. Following the transaction, the executive vice president directly owned 174,669 shares in the company, valued at approximately $11,447,806.26. This represents a 4.76% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 88,099 shares of company stock valued at $5,851,765 over the last 90 days. 0.01% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several analysts have issued reports on CSCO shares. Bank of America upped their price target on shares of Cisco Systems from $76.00 to $85.00 and gave the company a "buy" rating in a report on Thursday, August 14th. Wolfe Research initiated coverage on shares of Cisco Systems in a research note on Tuesday, July 8th. They set a "peer perform" rating on the stock. Piper Sandler upped their price objective on shares of Cisco Systems from $64.00 to $70.00 and gave the company a "neutral" rating in a research note on Thursday, August 14th. Barclays upped their price objective on shares of Cisco Systems from $66.00 to $71.00 and gave the company an "equal weight" rating in a research note on Thursday, August 14th. 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 investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat.com, Cisco Systems has a consensus rating of "Moderate Buy" and an average target price of $74.53.

Cisco Systems Trading Down 1.7%

NASDAQ:CSCO traded down $1.16 during trading hours on Friday, reaching $66.53. 18,525,267 shares of the company were exchanged, compared to its average volume of 16,775,248. 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 market cap of $263.01 billion, a price-to-earnings ratio of 25.39, a PEG ratio of 2.84 and a beta of 0.99. Cisco Systems, Inc. has a 52-week low of $49.67 and a 52-week high of $72.55. The stock has a 50 day simple moving average of $68.24 and a 200 day simple moving average of $64.00.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last posted 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 company had revenue of $14.67 billion for the quarter, compared to the consensus estimate of $14.63 billion. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. Cisco Systems's revenue was up 7.6% on a year-over-year basis. During the same quarter last year, the firm 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, analysts predict that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 22nd. Shareholders of record on Friday, October 3rd will be paid a dividend of $0.41 per share. The ex-dividend date of this dividend is Friday, October 3rd. This represents a $1.64 dividend on an annualized basis and a yield of 2.5%. Cisco Systems's dividend payout ratio (DPR) is currently 62.60%.

About Cisco Systems

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.