Cisco Systems, Inc. $CSCO Shares Acquired by Joel Isaacson & Co. LLC

Joel Isaacson & Co. LLC increased its stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 8.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 34,826 shares of the network equipment provider’s stock after buying an additional 2,746 shares during the quarter. Joel Isaacson & Co. LLC’s holdings in Cisco Systems were worth $2,416,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Kingstone Capital Partners Texas LLC bought a new position in shares of Cisco Systems during the second quarter worth about $904,542,000. Goldman Sachs Group Inc. increased its stake in shares of Cisco Systems by 37.4% in the first quarter. Goldman Sachs Group Inc. now owns 46,973,293 shares of the network equipment provider’s stock valued at $2,898,722,000 after purchasing an additional 12,775,066 shares during the period. Nuveen LLC acquired a new stake in shares of Cisco Systems in the first quarter valued at approximately $750,495,000. Pacer Advisors Inc. raised its holdings in shares of Cisco Systems by 1,144.2% during the first quarter. Pacer Advisors Inc. now owns 8,120,886 shares of the network equipment provider’s stock valued at $501,140,000 after buying an additional 7,468,212 shares during the last quarter. Finally, Acadian Asset Management LLC boosted its position in shares of Cisco Systems by 255.9% during the first quarter. Acadian Asset Management LLC now owns 7,819,547 shares of the network equipment provider’s stock worth $482,509,000 after buying an additional 5,622,672 shares during the period. 73.33% of the stock is currently owned by institutional investors.

Cisco Systems Stock Performance

Shares of CSCO opened at $68.91 on Tuesday. Cisco Systems, Inc. has a 12-month low of $52.11 and a 12-month high of $72.55. The stock has a market capitalization of $272.42 billion, a P/E ratio of 26.30, a P/E/G ratio of 2.85 and a beta of 0.97. The firm’s 50 day moving average is $68.12 and its 200-day moving average is $64.68. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.00 and a quick ratio of 0.91.

Cisco Systems (NASDAQ:CSCO) last announced its 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. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. The company had revenue of $14.67 billion during the quarter, compared to analysts’ expectations of $14.63 billion. During the same period last year, the company posted $0.87 earnings per share. The business’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. Equities research analysts anticipate that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.

Cisco Systems Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 22nd. Stockholders of record on Friday, October 3rd will be issued 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 payout ratio is currently 62.60%.

Insider Activity

In other Cisco Systems news, insider Jeetendra I. Patel sold 9,061 shares of the firm’s stock in a transaction dated Friday, August 15th. The stock was sold at an average price of $66.60, for a total transaction of $603,462.60. Following the completion of the sale, the insider directly owned 237,405 shares in the company, valued at approximately $15,811,173. This trade represents a 3.68% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Charles Robbins sold 30,557 shares of the company’s stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $66.63, for a total value of $2,036,012.91. Following the completion of the transaction, the chief executive officer owned 639,000 shares in the company, valued at $42,576,570. This represents a 4.56% decrease in their position. 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 ninety days. Corporate insiders own 0.01% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently commented on the company. Barclays raised their target price on Cisco Systems from $66.00 to $71.00 and gave the company an “equal weight” rating in a research report on Thursday, August 14th. Bank of America raised their price target on Cisco Systems from $76.00 to $85.00 and gave the company a “buy” rating in a report on Thursday, August 14th. William Blair raised shares of Cisco Systems to a “hold” rating in a report on Thursday, August 14th. Deutsche Bank Aktiengesellschaft raised shares of Cisco Systems from a “hold” rating to a “buy” rating and raised their target price for the company from $65.00 to $73.00 in a research note on Monday, June 16th. Finally, Evercore ISI upped their price target on shares of Cisco Systems from $72.00 to $74.00 and gave the stock an “in-line” rating in a research note on Thursday, August 14th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat, Cisco Systems has a consensus rating of “Moderate Buy” and a consensus target price of $74.53.

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.