Schaper Benz & Wise Investment Counsel Inc. WI Sells 10,527 Shares of Cisco Systems, Inc. $CSCO

Key Points

• Schaper Benz & Wise Investment Counsel Inc. reduced its holdings in Cisco Systems by 2.0%, selling 10,527 shares and owning a total of 525,884 shares worth approximately $36.5 million.
• Cisco's most recent earnings report showed an EPS of $0.99, surpassing analyst estimates, and a revenue of $14.67 billion, reflecting a year-over-year increase of 7.6%.
• The company recently announced a dividend of $0.41 per share, equating to an annualized dividend yield of 2.3%, with a payout ratio of 62.60%.

Schaper Benz & Wise Investment Counsel Inc. WI reduced its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 2.0% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 525,884 shares of the network equipment provider's stock after selling 10,527 shares during the period. Cisco Systems comprises about 2.8% of Schaper Benz & Wise Investment Counsel Inc. WI's investment portfolio, making the stock its 4th biggest position. Schaper Benz & Wise Investment Counsel Inc. WI's holdings in Cisco Systems were worth $36,486,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in CSCO. Financial Connections Group Inc. boosted its position in shares of Cisco Systems by 89.4% during the 2nd quarter. Financial Connections Group Inc. now owns 409 shares of the network equipment provider's stock valued at $28,000 after acquiring an additional 193 shares in the last quarter. Pandora Wealth Inc. acquired a new stake in shares of Cisco Systems during the 1st quarter valued at about $31,000. Nova Wealth Management Inc. acquired a new stake in shares of Cisco Systems during the 1st quarter valued at about $31,000. Brown Shipley& Co Ltd acquired a new stake in shares of Cisco Systems during the 2nd quarter valued at about $32,000. Finally, Fairway Wealth LLC boosted its position in 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 buying an additional 400 shares in the last quarter. 73.33% of the stock is currently owned by institutional investors and hedge funds.

Cisco Systems Price Performance

Shares of CSCO stock opened at $70.66 on Thursday. Cisco Systems, Inc. has a 1 year low of $52.11 and a 1 year high of $72.55. The firm's 50 day moving average is $68.19 and its 200-day moving average is $65.38. The firm has a market capitalization of $279.33 billion, a price-to-earnings ratio of 26.97, a PEG ratio of 2.98 and a beta of 0.97. The company has a current ratio of 1.00, a quick ratio of 0.91 and a debt-to-equity ratio of 0.49.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last announced its earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share (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 company 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 earned $0.87 earnings per share. Cisco Systems's quarterly revenue 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. Sell-side analysts forecast that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.

Cisco Systems Dividend Announcement

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

Wall Street Analyst Weigh In

A number of research firms have commented on CSCO. Hsbc Global Res lowered shares of Cisco Systems from a "strong-buy" rating to a "hold" rating in a research report on Friday, August 15th. Morgan Stanley boosted their price target on shares of Cisco Systems from $73.00 to $77.00 and gave the company an "overweight" rating in a research report on Friday, October 10th. UBS Group boosted their price target on shares of Cisco Systems from $70.00 to $74.00 and gave the company a "neutral" rating in a research report on Tuesday, August 5th. CICC Research began coverage on shares of Cisco Systems in a research report on Monday, July 14th. They issued an "outperform" rating and a $78.00 price target on the stock. Finally, Wolfe Research began coverage on shares of Cisco Systems in a research report on Tuesday, July 8th. They issued a "peer perform" rating on the stock. 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 company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $74.72.

Insider Activity at Cisco Systems

In related news, EVP Deborah L. Stahlkopf sold 9,783 shares of the business's stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $66.60, for a total transaction of $651,547.80. Following the completion of the sale, the executive vice president directly owned 161,662 shares of the company's stock, valued at $10,766,689.20. The trade was a 5.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CEO Charles Robbins sold 30,557 shares of the business's stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $66.63, for a total transaction of $2,036,012.91. Following the sale, the chief executive officer directly owned 639,000 shares of the company's stock, valued at approximately $42,576,570. This trade represents a 4.56% 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 in the last three months. 0.01% of the stock is currently owned by corporate 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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