Valeo Financial Advisors LLC Reduces Stock Position in Cisco Systems, Inc. $CSCO

Valeo Financial Advisors LLC cut its holdings in Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 5.0% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 89,104 shares of the network equipment provider's stock after selling 4,665 shares during the period. Valeo Financial Advisors LLC's holdings in Cisco Systems were worth $6,182,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. raised its stake in shares of Cisco Systems by 0.5% in the first quarter. Vanguard Group Inc. now owns 388,949,854 shares of the network equipment provider's stock valued at $24,002,095,000 after acquiring an additional 1,865,648 shares during the period. Invesco Ltd. grew its holdings in Cisco Systems by 10.4% during the 1st quarter. Invesco Ltd. now owns 47,117,146 shares of the network equipment provider's stock valued at $2,907,599,000 after purchasing an additional 4,437,450 shares during the last quarter. Goldman Sachs Group Inc. grew its holdings in Cisco Systems by 37.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 46,973,293 shares of the network equipment provider's stock valued at $2,898,722,000 after purchasing an additional 12,775,066 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Cisco Systems by 3.6% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 37,797,629 shares of the network equipment provider's stock worth $2,332,492,000 after purchasing an additional 1,326,354 shares during the period. Finally, Amundi lifted its stake in Cisco Systems by 11.0% in the first quarter. Amundi now owns 29,170,847 shares of the network equipment provider's stock worth $1,679,312,000 after purchasing an additional 2,898,391 shares during the last quarter. Institutional investors own 73.33% of the company's stock.

Insider Transactions at Cisco Systems

In other news, EVP Deborah L. Stahlkopf sold 2,718 shares of the stock in a transaction on 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 $10,701,086.72. This represents a 1.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Charles Robbins sold 30,557 shares of the business's stock in a transaction on Friday, August 15th. The shares were sold at an average price of $66.63, for a total transaction of $2,036,012.91. Following the transaction, the chief executive officer owned 639,000 shares of the company's stock, valued at $42,576,570. This represents a 4.56% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 82,965 shares of company stock valued at $5,559,996 over the last quarter. Company insiders own 0.01% of the company's stock.

Cisco Systems Trading Down 0.6%

Shares of NASDAQ:CSCO opened at $67.92 on Monday. The business's 50-day moving average is $68.10 and its 200 day moving average is $64.62. 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, Inc. has a 1 year low of $52.11 and a 1 year high of $72.55. The firm has a market capitalization of $268.50 billion, a P/E ratio of 25.92, a P/E/G ratio of 2.85 and a beta of 0.97.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last posted its quarterly earnings data 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. The firm 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%. The company's revenue for the quarter was up 7.6% compared to the same quarter last year. During the same quarter in the prior year, the company 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. 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 announced a quarterly dividend, which will be paid on Wednesday, October 22nd. Investors of record on Friday, October 3rd will be issued 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 dividend yield of 2.4%. Cisco Systems's payout ratio is 62.60%.

Wall Street Analyst Weigh In

CSCO has been the topic of several recent analyst reports. William Blair upgraded Cisco Systems to a "hold" rating in a report on Thursday, August 14th. UBS Group increased their target price on Cisco Systems from $70.00 to $74.00 and gave the stock a "neutral" rating in a research note on Tuesday, August 5th. HSBC reiterated a "hold" rating and set a $69.00 target price on shares of Cisco Systems in a research report on Friday, August 15th. Hsbc Global Res cut shares of Cisco Systems from a "strong-buy" rating to a "hold" rating in a report on Friday, August 15th. Finally, CICC Research started coverage on shares of Cisco Systems in a report on Monday, July 14th. They set an "outperform" rating and a $78.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and ten have issued a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $74.53.

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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