Rogco LP Has $910,000 Stock Holdings in Cisco Systems, Inc. $CSCO

Key Points

• Rogco LP reduced its holdings in Cisco Systems by 28% in Q2, owning 13,114 shares worth $910,000 after selling 5,103 shares.
• Cisco reported $0.99 earnings per share for the recent quarter, beating estimates and demonstrating a 7.6% revenue growth year-over-year.
• The company announced a quarterly dividend of $0.41 per share, yielding 2.4%, with the payout date set for October 22nd.

Rogco LP lowered its position in shares of Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 28.0% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,114 shares of the network equipment provider's stock after selling 5,103 shares during the quarter. Rogco LP's holdings in Cisco Systems were worth $910,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Forza Wealth Management LLC grew its stake in Cisco Systems by 0.8% during the second quarter. Forza Wealth Management LLC now owns 62,616 shares of the network equipment provider's stock worth $4,344,000 after buying an additional 467 shares during the last quarter. Childress Capital Advisors LLC raised its stake in shares of Cisco Systems by 0.8% in the second quarter. Childress Capital Advisors LLC now owns 18,806 shares of the network equipment provider's stock valued at $1,305,000 after acquiring an additional 157 shares during the last quarter. PFG Investments LLC boosted its holdings in shares of Cisco Systems by 0.8% in the 2nd quarter. PFG Investments LLC now owns 175,137 shares of the network equipment provider's stock worth $12,151,000 after acquiring an additional 1,321 shares in the last quarter. Victrix Investment Advisors grew its position in Cisco Systems by 3.6% during the 2nd quarter. Victrix Investment Advisors now owns 62,935 shares of the network equipment provider's stock worth $4,366,000 after acquiring an additional 2,158 shares during the last quarter. Finally, Brown Shipley& Co Ltd acquired a new stake in Cisco Systems during the 2nd quarter valued at $32,000. 73.33% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Cisco Systems

In other news, SVP Maria Victoria Wong sold 428 shares of the business's stock in a transaction dated Thursday, September 11th. The stock was sold at an average price of $68.25, for a total transaction of $29,211.00. Following the completion of the transaction, the senior vice president directly owned 30,619 shares in the company, valued at approximately $2,089,746.75. The trade was a 1.38% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Thimaya K. Subaiya sold 1,744 shares of the company's stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $66.78, for a total value of $116,464.32. Following the completion of the sale, the executive vice president directly owned 158,009 shares of the company's stock, valued at approximately $10,551,841.02. This trade represents a 1.09% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 82,965 shares of company stock valued at $5,559,996 over the last quarter. 0.01% of the stock is owned by corporate insiders.

Cisco Systems Stock Up 1.0%

Shares of NASDAQ:CSCO opened at $68.42 on Wednesday. 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 stock has a market cap of $270.48 billion, a price-to-earnings ratio of 26.11, a P/E/G ratio of 2.85 and a beta of 0.99. The company has a 50 day moving average of $68.12 and a 200-day moving average of $64.43. Cisco Systems, Inc. has a one year low of $52.11 and a one year high of $72.55.

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, beating the consensus estimate 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 analyst estimates of $14.63 billion. During the same period in the prior year, the business posted $0.87 earnings per share. Cisco Systems's revenue was up 7.6% compared to the same quarter last year. Cisco Systems has set its Q1 2026 guidance at 0.970-0.990 EPS. FY 2026 guidance at 4.000-4.060 EPS. On average, sell-side analysts forecast that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.

Cisco Systems Announces Dividend

The business also recently declared 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 (DPR) is currently 62.60%.

Analysts Set New Price Targets

Several analysts have recently commented on CSCO shares. JPMorgan Chase & Co. increased their target price on Cisco Systems from $73.00 to $78.00 and gave the stock an "overweight" rating in a report on Thursday, July 17th. HSBC reiterated a "hold" rating and set a $69.00 price target on shares of Cisco Systems in a research report on Friday, August 15th. Piper Sandler raised their price objective on shares of Cisco Systems from $64.00 to $70.00 and gave the company a "neutral" rating in a research report on Thursday, August 14th. Wells Fargo & Company upped their target price on shares of Cisco Systems from $75.00 to $83.00 and gave the stock an "overweight" rating in a research report on Thursday, August 14th. Finally, KeyCorp started coverage on shares of Cisco Systems in a report on Thursday, June 26th. They issued an "overweight" rating and a $77.00 price target for the company. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus 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.

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