Venture Visionary Partners LLC Cuts Stock Holdings in Cisco Systems, Inc. $CSCO

Key Points

• Venture Visionary Partners LLC has reduced its stake in Cisco Systems by 6.1%, owning 88,098 shares after selling 5,675 shares during the 2nd quarter.
• Cisco recently reported $0.99 EPS for the quarter, exceeding estimates, with revenue reaching $14.67 billion, a 7.6% increase year-over-year.
• The company has announced a quarterly dividend of $0.41, with an annual yield of 2.4%, payable on October 22nd.

Venture Visionary Partners LLC trimmed its position in shares of Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 6.1% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 88,098 shares of the network equipment provider's stock after selling 5,675 shares during the quarter. Venture Visionary Partners LLC's holdings in Cisco Systems were worth $6,112,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in CSCO. Brighton Jones LLC grew its stake in Cisco Systems by 49.5% in the 4th quarter. Brighton Jones LLC now owns 74,187 shares of the network equipment provider's stock valued at $4,392,000 after acquiring an additional 24,562 shares during the period. Revolve Wealth Partners LLC grew its stake in Cisco Systems by 37.0% in the 4th quarter. Revolve Wealth Partners LLC now owns 9,156 shares of the network equipment provider's stock valued at $542,000 after acquiring an additional 2,474 shares during the period. 180 Wealth Advisors LLC grew its stake in Cisco Systems by 8.5% in the 1st quarter. 180 Wealth Advisors LLC now owns 9,954 shares of the network equipment provider's stock valued at $614,000 after acquiring an additional 776 shares during the period. American National Bank & Trust grew its stake in Cisco Systems by 50.6% in the 1st quarter. American National Bank & Trust now owns 1,876 shares of the network equipment provider's stock valued at $116,000 after acquiring an additional 630 shares during the period. Finally, Enterprise Bank & Trust Co grew its stake in Cisco Systems by 41.7% in the 1st quarter. Enterprise Bank & Trust Co now owns 9,620 shares of the network equipment provider's stock valued at $594,000 after acquiring an additional 2,830 shares during the period. Institutional investors and hedge funds own 73.33% of the company's stock.

Cisco Systems Stock Up 0.7%

NASDAQ CSCO opened at $67.72 on Tuesday. Cisco Systems, Inc. has a 52 week low of $52.11 and a 52 week high of $72.55. The company has a quick ratio of 0.91, a current ratio of 1.00 and a debt-to-equity ratio of 0.49. The business's fifty day simple moving average is $68.11 and its 200-day simple moving average is $64.41. The firm has a market cap of $267.71 billion, a PE ratio of 25.85, a P/E/G ratio of 2.83 and a beta of 0.99.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last posted its quarterly earnings results 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. The business had revenue of $14.67 billion for the quarter, compared to analyst estimates of $14.63 billion. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The company's quarterly revenue was up 7.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.87 EPS. Cisco Systems has set its Q1 2026 guidance at 0.970-0.990 EPS. FY 2026 guidance at 4.000-4.060 EPS. As a group, equities analysts anticipate that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.

Cisco Systems Dividend Announcement

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 issued a $0.41 dividend. This represents a $1.64 annualized dividend and a yield of 2.4%. The ex-dividend date is Friday, October 3rd. Cisco Systems's payout ratio is 62.60%.

Analysts Set New Price Targets

Several equities research analysts have issued reports on CSCO shares. Barclays lifted their target price on shares of Cisco Systems from $66.00 to $71.00 and gave the stock an "equal weight" rating in a research note on Thursday, August 14th. Hsbc Global Res cut shares of Cisco Systems from a "strong-buy" rating to a "hold" rating in a research note on Friday, August 15th. Wall Street Zen cut shares of Cisco Systems from a "strong-buy" rating to a "buy" rating in a research note on Saturday, July 12th. William Blair raised shares of Cisco Systems to a "hold" rating in a research note on Thursday, August 14th. Finally, Wolfe Research started coverage on shares of Cisco Systems in a research note on Tuesday, July 8th. They set a "peer perform" rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat, Cisco Systems presently has an average rating of "Moderate Buy" and a consensus price target of $74.53.

Insider Transactions at Cisco Systems

In related news, EVP Oliver Tuszik sold 17,526 shares of the business's stock in a transaction dated Friday, September 19th. The shares were sold at an average price of $67.95, for a total value of $1,190,891.70. Following the sale, the executive vice president directly owned 198,855 shares in the company, valued at approximately $13,512,197.25. The trade was a 8.10% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 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 transaction of $185,041.44. Following the completion of the sale, the executive vice president owned 157,184 shares in the company, valued at approximately $10,701,086.72. This trade represents a 1.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 82,965 shares of company stock worth $5,559,996 in the last 90 days. Insiders own 0.01% of the company's stock.

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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