Persium Advisors LLC Has $807,000 Position in Cisco Systems, Inc. $CSCO

Persium Advisors LLC grew its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCOFree Report) by 2.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 11,635 shares of the network equipment provider’s stock after purchasing an additional 320 shares during the quarter. Cisco Systems comprises about 0.7% of Persium Advisors LLC’s investment portfolio, making the stock its 15th biggest position. Persium Advisors LLC’s holdings in Cisco Systems were worth $807,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of CSCO. Martin Capital Partners LLC raised its holdings in Cisco Systems by 224.9% during the second quarter. Martin Capital Partners LLC now owns 120,196 shares of the network equipment provider’s stock valued at $8,339,000 after buying an additional 83,206 shares in the last quarter. Allen Mooney & Barnes Investment Advisors LLC increased its holdings in shares of Cisco Systems by 0.5% during the 2nd quarter. Allen Mooney & Barnes Investment Advisors LLC now owns 200,898 shares of the network equipment provider’s stock valued at $13,938,000 after acquiring an additional 1,082 shares during the last quarter. Canandaigua National Bank & Trust Co. increased its holdings in shares of Cisco Systems by 0.4% during the 2nd quarter. Canandaigua National Bank & Trust Co. now owns 89,958 shares of the network equipment provider’s stock valued at $6,241,000 after acquiring an additional 393 shares during the last quarter. RMR Wealth Builders lifted its holdings in Cisco Systems by 8.8% in the 2nd quarter. RMR Wealth Builders now owns 6,231 shares of the network equipment provider’s stock worth $432,000 after purchasing an additional 502 shares during the last quarter. Finally, Goldstone Financial Group LLC lifted its holdings in Cisco Systems by 14.3% in the 2nd quarter. Goldstone Financial Group LLC now owns 11,250 shares of the network equipment provider’s stock worth $780,000 after purchasing an additional 1,405 shares during the last quarter. 73.33% of the stock is currently owned by institutional investors.

Cisco Systems Stock Performance

NASDAQ CSCO opened at $66.53 on Monday. Cisco Systems, Inc. has a 1-year low of $49.67 and a 1-year high of $72.55. The company has a 50 day moving average of $68.24 and a 200-day moving average of $64.00. The company has a current ratio of 1.00, a quick ratio of 0.91 and a debt-to-equity ratio of 0.49. The firm has a market cap of $263.01 billion, a price-to-earnings ratio of 25.39, a PEG ratio of 2.80 and a beta of 0.99.

Cisco Systems (NASDAQ:CSCOGet Free Report) last released its quarterly earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 EPS for the quarter, topping analysts’ consensus estimates of $0.98 by $0.01. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The business 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 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. On average, equities analysts forecast that Cisco Systems, Inc. will post 3.04 earnings per share for the current fiscal year.

Cisco Systems Dividend Announcement

The firm also recently declared 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 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend is Friday, October 3rd. Cisco Systems’s payout ratio is currently 62.60%.

Insider Buying and Selling at Cisco Systems

In other Cisco Systems news, insider Jeetendra I. Patel sold 9,061 shares of the business’s stock in a transaction dated Friday, August 15th. The shares were 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 of the company’s stock, valued at approximately $15,811,173. The trade was a 3.68% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Deborah L. Stahlkopf sold 9,783 shares of the stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $66.60, for a total transaction of $651,547.80. Following the sale, the executive vice president directly owned 161,662 shares in the company, valued at $10,766,689.20. This trade represents a 5.71% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 88,099 shares of company stock worth $5,851,765 over the last quarter. Corporate insiders own 0.01% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on CSCO. Wolfe Research began coverage on shares of Cisco Systems in a research note on Tuesday, July 8th. They issued a “peer perform” rating on the stock. CICC Research began coverage on shares of Cisco Systems in a report on Monday, July 14th. They set an “outperform” rating and a $78.00 price target for the company. JPMorgan Chase & Co. lifted their price objective on Cisco Systems from $73.00 to $78.00 and gave the stock an “overweight” rating in a research note on Thursday, July 17th. HSBC reissued a “hold” rating and set a $69.00 price objective on shares of Cisco Systems in a research report on Friday, August 15th. Finally, Piper Sandler raised their target price on Cisco Systems from $64.00 to $70.00 and gave the company a “neutral” rating in a report on Thursday, August 14th. 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 company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $74.53.

Read Our Latest Stock Analysis on CSCO

About Cisco Systems

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Cisco Systems (NASDAQ:CSCO)

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