Franklin Street Advisors Inc. NC Boosts Stake in Cisco Systems, Inc. $CSCO

Franklin Street Advisors Inc. NC lifted its holdings in Cisco Systems, Inc. (NASDAQ:CSCO) by 8.3% in the 2nd quarter, Holdings Channel reports. The firm owned 77,737 shares of the network equipment provider’s stock after acquiring an additional 5,960 shares during the period. Franklin Street Advisors Inc. NC’s holdings in Cisco Systems were worth $5,393,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC lifted its stake in shares of Cisco Systems by 49.5% in the 4th quarter. Brighton Jones LLC now owns 74,187 shares of the network equipment provider’s stock worth $4,392,000 after purchasing an additional 24,562 shares during the period. Revolve Wealth Partners LLC raised its position in Cisco Systems by 37.0% in the fourth quarter. Revolve Wealth Partners LLC now owns 9,156 shares of the network equipment provider’s stock worth $542,000 after acquiring an additional 2,474 shares during the period. Chesley Taft & Associates LLC boosted its stake in shares of Cisco Systems by 15.2% during the 1st quarter. Chesley Taft & Associates LLC now owns 20,235 shares of the network equipment provider’s stock worth $1,249,000 after acquiring an additional 2,668 shares during the last quarter. Charles Schwab Trust Co boosted its stake in shares of Cisco Systems by 9.3% during the 1st quarter. Charles Schwab Trust Co now owns 6,007 shares of the network equipment provider’s stock worth $371,000 after acquiring an additional 510 shares during the last quarter. Finally, Breakwater Capital Group boosted its stake in shares of Cisco Systems by 61.7% during the 1st quarter. Breakwater Capital Group now owns 10,422 shares of the network equipment provider’s stock worth $643,000 after acquiring an additional 3,978 shares during the last quarter. Institutional investors own 73.33% of the company’s stock.

Analysts Set New Price Targets

CSCO has been the topic of several analyst reports. 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. Wells Fargo & Company upped their price target on Cisco Systems from $75.00 to $83.00 and gave the stock an “overweight” rating in a research report on Thursday, August 14th. KeyCorp began coverage on Cisco Systems in a research report on Thursday, June 26th. They issued an “overweight” rating and a $77.00 price target for the company. Wolfe Research began coverage on Cisco Systems in a research report on Tuesday, July 8th. They issued a “peer perform” rating for the company. Finally, Hsbc Global Res cut Cisco Systems from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 15th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat.com, Cisco Systems currently has an average rating of “Moderate Buy” and a consensus price target of $74.53.

Insider Activity at Cisco Systems

In related news, EVP Deborah L. Stahlkopf sold 9,783 shares of the stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $66.60, for a total transaction of $651,547.80. Following the completion of the transaction, the executive vice president directly owned 161,662 shares of the company’s stock, valued at approximately $10,766,689.20. This represents a 5.71% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Thimaya K. Subaiya sold 7,511 shares of the stock in a transaction that occurred on Wednesday, August 20th. The shares were sold at an average price of $66.84, for a total value of $502,035.24. Following the transaction, the executive vice president directly owned 161,467 shares of the company’s stock, valued at approximately $10,792,454.28. The trade was a 4.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 82,965 shares of company stock valued at $5,559,996 in the last 90 days. 0.01% of the stock is currently owned by insiders.

Cisco Systems Stock Down 0.6%

Shares of CSCO opened at $67.92 on Friday. The business’s 50 day moving average is $68.10 and its 200 day moving average is $64.57. The company has a market capitalization of $268.50 billion, a PE ratio of 25.92, a price-to-earnings-growth ratio of 2.87 and a beta of 0.97. Cisco Systems, Inc. has a 12-month low of $52.11 and a 12-month high of $72.55. The company has a current ratio of 1.00, a quick ratio of 0.91 and a debt-to-equity ratio of 0.49.

Cisco Systems (NASDAQ:CSCO) last announced its quarterly earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 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 company had revenue of $14.67 billion during the quarter, compared to analyst estimates of $14.63 billion. During the same period in the prior year, the company earned $0.87 earnings per share. The firm’s 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. Research analysts expect that Cisco Systems, Inc. will post 3.04 earnings per share for the current fiscal year.

Cisco Systems Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 22nd. Investors of record on Friday, October 3rd will be paid 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 yield of 2.4%. Cisco Systems’s dividend payout ratio is presently 62.60%.

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.