Van Hulzen Asset Management LLC Buys 74,454 Shares of Cisco Systems, Inc. $CSCO

Key Points

• Van Hulzen Asset Management LLC increased its stake in Cisco Systems by 17%, acquiring an additional 74,454 shares, bringing its total holdings to 511,193 shares, valued at approximately $31.5 million.
• Several institutional investors have significantly increased their investments in Cisco, with Goldman Sachs raising its holdings by 37.4% and Pacer Advisors increasing theirs by 1,144.2% during the same quarter.
• Cisco's recent quarterly earnings exceeded expectations, reporting $0.99 EPS, with a revenue of $14.67 billion, marking a 7.6% increase year-over-year.

Van Hulzen Asset Management LLC lifted its stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 17.0% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 511,193 shares of the network equipment provider's stock after purchasing an additional 74,454 shares during the quarter. Cisco Systems accounts for 2.9% of Van Hulzen Asset Management LLC's holdings, making the stock its 3rd biggest holding. Van Hulzen Asset Management LLC's holdings in Cisco Systems were worth $31,546,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of CSCO. Goldman Sachs Group Inc. grew its holdings in shares of 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 worth $2,898,722,000 after purchasing an additional 12,775,066 shares in the last quarter. Nuveen LLC bought a new stake in shares of Cisco Systems during the 1st quarter worth $750,495,000. Pacer Advisors Inc. lifted its position in shares of Cisco Systems by 1,144.2% during the 1st quarter. Pacer Advisors Inc. now owns 8,120,886 shares of the network equipment provider's stock worth $501,140,000 after buying an additional 7,468,212 shares during the last quarter. Alyeska Investment Group L.P. bought a new stake in shares of Cisco Systems during the 4th quarter worth $413,491,000. Finally, GAMMA Investing LLC lifted its position in shares of Cisco Systems by 7,096.5% during the 1st quarter. GAMMA Investing LLC now owns 6,718,402 shares of the network equipment provider's stock worth $414,593,000 after buying an additional 6,625,045 shares during the last quarter. 73.33% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CFO Richard Scott Herren sold 15,678 shares of Cisco Systems stock in a transaction on Tuesday, June 17th. The stock was sold at an average price of $65.52, for a total transaction of $1,027,222.56. Following the sale, the chief financial officer directly owned 309,543 shares in the company, valued at approximately $20,281,257.36. This trade represents a 4.82% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Charles Robbins sold 30,557 shares of the company's stock in a transaction on Friday, August 15th. The shares were sold at an average price of $66.63, for a total value of $2,036,012.91. Following the transaction, the chief executive officer directly owned 639,000 shares in the company, valued at $42,576,570. This represents a 4.56% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 135,118 shares of company stock valued at $8,847,167. 0.01% of the stock is currently owned by company insiders.

Cisco Systems Trading Down 0.1%

Shares of CSCO stock opened at $67.02 on Friday. The stock has a market cap of $265.40 billion, a price-to-earnings ratio of 25.58, a PEG ratio of 2.86 and a beta of 0.91. The stock has a 50-day moving average of $68.13 and a 200-day moving average of $63.51. The company has a current ratio of 1.01, a quick ratio of 0.92 and a debt-to-equity ratio of 0.49. Cisco Systems, Inc. has a 1-year low of $47.85 and a 1-year high of $72.55.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last issued its quarterly earnings results 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 return on equity of 27.02% and a net margin of 18.45%.The company had revenue of $14.67 billion during the quarter, compared to analysts' expectations of $14.63 billion. During the same quarter in the prior year, the firm posted $0.87 earnings per share. The business'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. On average, equities research analysts forecast that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.

Cisco Systems Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 22nd. Stockholders of record on Friday, October 3rd will be issued a $0.41 dividend. This represents a $1.64 dividend on an annualized basis 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%.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on CSCO. Wells Fargo & Company upped their price objective on Cisco Systems from $75.00 to $83.00 and gave the stock an "overweight" rating in a research report on Thursday, August 14th. UBS Group upped their price objective on Cisco Systems from $70.00 to $74.00 and gave the stock a "neutral" rating in a research report on Tuesday, August 5th. Rosenblatt Securities restated a "buy" rating and set a $87.00 price objective on shares of Cisco Systems in a research report on Thursday, August 14th. William Blair upgraded Cisco Systems to a "hold" rating in a research report on Thursday, August 14th. Finally, CICC Research assumed coverage on Cisco Systems in a research report on Monday, July 14th. They issued an "outperform" rating and a $78.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat, Cisco Systems has a consensus rating of "Moderate Buy" and an average target price 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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