Cisco Systems, Inc. $CSCO Stake Reduced by Oak Hill Wealth Advisors LLC

Oak Hill Wealth Advisors LLC lessened its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 10.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,059 shares of the network equipment provider’s stock after selling 1,066 shares during the quarter. Oak Hill Wealth Advisors LLC’s holdings in Cisco Systems were worth $621,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Pandora Wealth Inc. bought a new stake in shares of Cisco Systems in the first quarter valued at approximately $31,000. Nova Wealth Management Inc. acquired a new position in Cisco Systems during the 1st quarter worth about $31,000. Brown Shipley& Co Ltd acquired a new position in Cisco Systems during the 2nd quarter worth about $32,000. Fairway Wealth LLC lifted its position in Cisco Systems by 224.7% during the 1st quarter. Fairway Wealth LLC now owns 578 shares of the network equipment provider’s stock worth $36,000 after buying an additional 400 shares in the last quarter. Finally, Accent Capital Management LLC acquired a new position in Cisco Systems during the 1st quarter worth about $36,000. Institutional investors own 73.33% of the company’s stock.

Cisco Systems Stock Down 0.6%

Shares of Cisco Systems stock opened at $67.92 on Friday. The business’s 50 day simple moving average is $68.10 and its 200 day simple moving average is $64.57. Cisco Systems, Inc. has a 52-week low of $52.11 and a 52-week high of $72.55. The firm has a market cap of $268.50 billion, a PE ratio of 25.92, a P/E/G ratio of 2.87 and a beta of 0.97. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.91 and a current ratio of 1.00.

Cisco Systems (NASDAQ:CSCO) last announced its earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share (EPS) for the quarter, beating 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 quarter last year, the firm earned $0.87 EPS. Cisco Systems’s revenue for the quarter was up 7.6% compared to the same quarter last year. 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, analysts predict that Cisco Systems, Inc. will post 3.04 earnings per share for the current fiscal year.

Cisco Systems Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 22nd. Stockholders 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 dividend payout ratio is currently 62.60%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on CSCO. Weiss Ratings reiterated a “buy (b-)” rating on shares of Cisco Systems in a research report on Saturday, September 27th. Rosenblatt Securities reiterated a “buy” rating and issued a $87.00 price target on shares of Cisco Systems in a report on Thursday, August 14th. Evercore ISI raised their price target on Cisco Systems from $72.00 to $74.00 and gave the company an “in-line” rating in a report on Thursday, August 14th. KeyCorp started coverage on Cisco Systems in a report on Thursday, June 26th. They issued an “overweight” rating and a $77.00 price target on the stock. Finally, Wells Fargo & Company raised their price target on Cisco Systems from $75.00 to $83.00 and gave the company an “overweight” rating in a report on Thursday, August 14th. One 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 stock. According to MarketBeat, Cisco Systems currently has an average rating of “Moderate Buy” and an average price target of $74.53.

Insider Activity at Cisco Systems

In related news, SVP Maria Victoria Wong sold 428 shares of the business’s stock in a transaction that occurred on Thursday, September 11th. The stock was sold at an average price of $68.25, for a total transaction of $29,211.00. Following the transaction, the senior vice president directly owned 30,619 shares of the company’s stock, valued at approximately $2,089,746.75. The trade was a 1.38% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Charles Robbins sold 30,557 shares of the business’s stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $66.63, 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. The trade was a 4.56% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 82,965 shares of company stock worth $5,559,996. Insiders own 0.01% of the company’s stock.

Cisco Systems 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.