Eads & Heald Wealth Management Has $2.12 Million Position in Cisco Systems, Inc. $CSCO

Eads & Heald Wealth Management lowered its stake in Cisco Systems, Inc. (NASDAQ:CSCO) by 1.8% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 30,507 shares of the network equipment provider’s stock after selling 555 shares during the period. Eads & Heald Wealth Management’s holdings in Cisco Systems were worth $2,117,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Pandora Wealth Inc. bought a new stake in shares of Cisco Systems during the 1st quarter valued at approximately $31,000. Nova Wealth Management Inc. bought a new position in Cisco Systems in the first quarter valued at about $31,000. Brown Shipley& Co Ltd acquired a new stake in shares of Cisco Systems during the second quarter valued at about $32,000. Fairway Wealth LLC raised its holdings in Cisco Systems by 224.7% in the 1st quarter. Fairway Wealth LLC now owns 578 shares of the network equipment provider’s stock valued at $36,000 after buying an additional 400 shares during the last quarter. Finally, Accent Capital Management LLC bought a new position in shares of Cisco Systems during the first quarter valued at $36,000. Institutional investors and hedge funds own 73.33% of the company’s stock.

Insider Buying and Selling

In other Cisco Systems news, insider Jeetendra I. Patel sold 9,061 shares of the business’s 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 $603,462.60. Following the completion of the transaction, the insider owned 237,405 shares in the company, valued at $15,811,173. The trade was a 3.68% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Thimaya K. Subaiya sold 7,511 shares of the company’s stock in a transaction on Wednesday, August 20th. The shares were sold at an average price of $66.84, for a total transaction of $502,035.24. Following the completion of the transaction, the executive vice president owned 161,467 shares of the company’s stock, valued at $10,792,454.28. This represents a 4.44% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 82,965 shares of company stock worth $5,559,996 in the last ninety days. Company insiders own 0.01% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. Wolfe Research started coverage on shares of Cisco Systems in a research note on Tuesday, July 8th. They issued a “peer perform” rating for the company. CICC Research initiated coverage on shares of Cisco Systems in a research report on Monday, July 14th. They issued an “outperform” rating and a $78.00 price objective for the company. Barclays increased their price objective on shares of Cisco Systems from $66.00 to $71.00 and gave the company an “equal weight” rating in a research note on Thursday, August 14th. Morgan Stanley lifted their price objective on Cisco Systems from $67.00 to $70.00 and gave the stock an “overweight” rating in a report on Friday, July 18th. Finally, Deutsche Bank Aktiengesellschaft raised shares of Cisco Systems from a “hold” rating to a “buy” rating and boosted their target price for the company from $65.00 to $73.00 in a report on Monday, June 16th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and ten have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $74.53.

Cisco Systems Stock Down 0.6%

NASDAQ:CSCO opened at $67.92 on Monday. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.00 and a quick ratio of 0.91. The firm has a market cap of $268.50 billion, a PE ratio of 25.92, a price-to-earnings-growth ratio of 2.85 and a beta of 0.97. Cisco Systems, Inc. has a 1-year low of $52.11 and a 1-year high of $72.55. The company has a 50-day moving average of $68.10 and a 200 day moving average of $64.62.

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 the consensus estimate 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 for the quarter, compared to analyst estimates of $14.63 billion. During the same period in the prior year, the company posted $0.87 EPS. The firm’s quarterly revenue 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. As a group, research analysts anticipate that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.

Cisco Systems Announces Dividend

The business 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 $0.41 dividend. 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 (DPR) is currently 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.