Tectonic Advisors LLC Purchases 7,473 Shares of Cisco Systems, Inc. $CSCO

Key Points

• Tectonic Advisors LLC increased its stake in Cisco Systems, purchasing an additional 7,473 shares, bringing its total holdings to 184,898 shares valued at approximately $12.83 million.
• Insiders at Cisco Systems sold a total of 82,965 shares worth about $5.56 million in the last quarter, indicating a reduction in their positions.
• Cisco recently announced a quarterly dividend of $0.41 per share, yielding 2.3%, with the payment date set for October 22nd.

Tectonic Advisors LLC raised its position in shares of Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 4.2% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 184,898 shares of the network equipment provider's stock after purchasing an additional 7,473 shares during the period. Cisco Systems comprises 0.7% of Tectonic Advisors LLC's portfolio, making the stock its 25th biggest position. Tectonic Advisors LLC's holdings in Cisco Systems were worth $12,828,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in CSCO. Pandora Wealth Inc. bought a new position in Cisco Systems during the 1st quarter worth about $31,000. Nova Wealth Management Inc. purchased a new stake in shares of Cisco Systems in the 1st quarter worth approximately $31,000. Brown Shipley& Co Ltd bought a new position in shares of Cisco Systems during the second quarter valued at approximately $32,000. Fairway Wealth LLC increased its holdings in Cisco Systems by 224.7% during 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 during the period. Finally, Accent Capital Management LLC bought a new stake in Cisco Systems during the 1st quarter valued at $36,000. Institutional investors own 73.33% of the company's stock.

Insider Buying and Selling at Cisco Systems

In other Cisco Systems news, EVP Thimaya K. Subaiya sold 1,744 shares of the business's stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $66.78, for a total transaction of $116,464.32. Following the sale, the executive vice president owned 158,009 shares in the company, valued at approximately $10,551,841.02. The trade was a 1.09% decrease in their position. The transaction was disclosed in a document filed 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 dated Thursday, September 11th. The shares were sold at an average price of $68.08, for a total value of $185,041.44. Following the sale, the executive vice president owned 157,184 shares in the company, valued at approximately $10,701,086.72. The trade was a 1.70% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 82,965 shares of company stock worth $5,559,996. 0.01% of the stock is owned by corporate insiders.

Cisco Systems Trading Up 1.9%

Shares of NASDAQ:CSCO opened at $70.33 on Thursday. The business's 50-day moving average is $68.18 and its 200 day moving average is $64.75. Cisco Systems, Inc. has a 1 year low of $52.11 and a 1 year high of $72.55. The firm has a market capitalization of $278.03 billion, a P/E ratio of 26.84, a P/E/G ratio of 2.90 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.

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, beating the consensus estimate of $0.98 by $0.01. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.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 company posted $0.87 EPS. The firm's quarterly 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, research analysts predict that Cisco Systems, Inc. will post 3.04 earnings per share for the current fiscal year.

Cisco Systems Announces Dividend

The company 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. This represents a $1.64 annualized dividend and a yield of 2.3%. The ex-dividend date is Friday, October 3rd. Cisco Systems's payout ratio is presently 62.60%.

Analyst Ratings Changes

Several research firms have recently commented on CSCO. Evercore ISI boosted their price target on Cisco Systems from $72.00 to $74.00 and gave the stock an "in-line" rating in a research report on Thursday, August 14th. Weiss Ratings reissued a "buy (b-)" rating on shares of Cisco Systems in a research report on Wednesday. CICC Research began coverage on Cisco Systems in a research report on Monday, July 14th. They issued an "outperform" rating and a $78.00 price target for the company. Piper Sandler boosted their price target on Cisco Systems from $64.00 to $70.00 and gave the stock a "neutral" rating in a research report on Thursday, August 14th. Finally, Barclays boosted their price target on Cisco Systems from $66.00 to $71.00 and gave the stock an "equal weight" rating in a research report on Thursday, August 14th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average 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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