U.S. Capital Wealth Advisors LLC Raises Stake in Cisco Systems, Inc. $CSCO

Key Points

• U.S. Capital Wealth Advisors LLC increased its stake in Cisco Systems, Inc. by 7.3%, owning 372,029 shares valued at approximately $25.81 million.
• Several institutional investors, including Goldman Sachs and Pacer Advisors, made significant transactions involving Cisco's shares, demonstrating strong institutional interest.
• Cisco recently reported a quarterly EPS of $0.99, exceeding estimates, and announced a dividend of $0.41 per share to be paid on October 22nd.

U.S. Capital Wealth Advisors LLC boosted its position in Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 7.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 372,029 shares of the network equipment provider's stock after buying an additional 25,228 shares during the quarter. Cisco Systems makes up approximately 0.8% of U.S. Capital Wealth Advisors LLC's portfolio, making the stock its 23rd biggest position. U.S. Capital Wealth Advisors LLC's holdings in Cisco Systems were worth $25,811,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of CSCO. Kingstone Capital Partners Texas LLC purchased a new stake in Cisco Systems in the second quarter worth approximately $904,542,000. Goldman Sachs Group Inc. boosted its stake in Cisco Systems by 37.4% in the first quarter. Goldman Sachs Group Inc. now owns 46,973,293 shares of the network equipment provider's stock worth $2,898,722,000 after buying an additional 12,775,066 shares in the last quarter. Nuveen LLC purchased a new stake in shares of Cisco Systems during the first quarter valued at approximately $750,495,000. Pacer Advisors Inc. boosted its stake in shares of Cisco Systems by 1,144.2% during the first quarter. Pacer Advisors Inc. now owns 8,120,886 shares of the network equipment provider's stock valued at $501,140,000 after purchasing an additional 7,468,212 shares during the period. Finally, GAMMA Investing LLC boosted its stake in shares of Cisco Systems by 7,096.5% during the first quarter. GAMMA Investing LLC now owns 6,718,402 shares of the network equipment provider's stock valued at $414,593,000 after purchasing an additional 6,625,045 shares during the period. Hedge funds and other institutional investors own 73.33% of the company's stock.

Analyst Ratings Changes

A number of research firms have recently weighed in on CSCO. Evercore ISI increased their price objective on Cisco Systems from $72.00 to $74.00 and gave the company an "in-line" rating in a research note on Thursday, August 14th. Hsbc Global Res lowered Cisco Systems from a "strong-buy" rating to a "hold" rating in a research note on Friday, August 15th. UBS Group increased their price objective on Cisco Systems from $70.00 to $74.00 and gave the company a "neutral" rating in a research note on Tuesday, August 5th. Wolfe Research began coverage on Cisco Systems in a research note on Tuesday, July 8th. They set a "peer perform" rating for the company. Finally, Bank of America increased their price objective on Cisco Systems from $76.00 to $85.00 and gave the company a "buy" rating in a research note on Thursday, August 14th. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and ten have issued a Hold rating to the company's stock. According to MarketBeat.com, Cisco Systems currently has an average rating of "Moderate Buy" and a consensus price target of $74.53.

Insider Activity at Cisco Systems

In related news, SVP Maria Victoria Wong sold 3,162 shares of the business's stock in a transaction that occurred on Monday, August 25th. The stock was sold at an average price of $67.28, for a total value of $212,739.36. Following the transaction, the senior vice president directly owned 31,468 shares of the company's stock, valued at approximately $2,117,167.04. The trade was a 9.13% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Jeetendra I. Patel sold 9,061 shares of the business's stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $66.60, for a total value of $603,462.60. Following the completion of the transaction, the insider directly owned 237,405 shares in the company, valued at approximately $15,811,173. This represents a 3.68% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 65,439 shares of company stock worth $4,369,104 in the last quarter. 0.01% of the stock is currently owned by insiders.

Cisco Systems Price Performance

CSCO opened at $68.21 on Monday. The stock has a 50-day moving average price of $68.14 and a 200-day moving average price of $64.14. 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 $269.65 billion, a PE ratio of 26.03, a P/E/G ratio of 2.87 and a beta of 0.99. Cisco Systems, Inc. has a 1 year low of $51.42 and a 1 year high of $72.55.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last released its quarterly earnings data on Wednesday, August 13th. The network equipment provider reported $0.99 EPS for the quarter, topping 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 during the quarter, compared to the consensus estimate of $14.63 billion. During the same period last year, the company earned $0.87 EPS. Cisco Systems's revenue for the quarter 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 predict that Cisco Systems, Inc. will post 3.04 earnings per share for the current fiscal year.

Cisco Systems Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 22nd. Investors of record on Friday, October 3rd will be paid a dividend of $0.41 per share. The ex-dividend date is Friday, October 3rd. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.4%. Cisco Systems's payout ratio is 62.60%.

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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