Drake & Associates LLC Makes New $645,000 Investment in Cisco Systems, Inc. $CSCO

Drake & Associates LLC purchased a new position in shares of Cisco Systems, Inc. (NASDAQ:CSCO) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 9,291 shares of the network equipment provider’s stock, valued at approximately $645,000.

A number of other institutional investors have also recently made changes to their positions in the business. Motiv8 Investments LLC raised its stake in Cisco Systems by 11.7% in the second quarter. Motiv8 Investments LLC now owns 22,126 shares of the network equipment provider’s stock valued at $1,535,000 after buying an additional 2,318 shares during the last quarter. Capital Advisors Inc. OK raised its position in shares of Cisco Systems by 2.2% in the 2nd quarter. Capital Advisors Inc. OK now owns 774,928 shares of the network equipment provider’s stock valued at $53,765,000 after purchasing an additional 16,955 shares during the last quarter. Comprehensive Financial Consultants Institutional Inc. boosted its stake in Cisco Systems by 1.9% in the 2nd quarter. Comprehensive Financial Consultants Institutional Inc. now owns 28,146 shares of the network equipment provider’s stock worth $1,953,000 after purchasing an additional 535 shares in the last quarter. Relyea Zuckerberg Hanson LLC grew its holdings in shares of Cisco Systems by 6.6% during the second quarter. Relyea Zuckerberg Hanson LLC now owns 31,697 shares of the network equipment provider’s stock valued at $2,199,000 after buying an additional 1,968 shares during the last quarter. Finally, Belpointe Asset Management LLC raised its stake in Cisco Systems by 5.8% in the 2nd quarter. Belpointe Asset Management LLC now owns 60,090 shares of the network equipment provider’s stock worth $4,169,000 after acquiring an additional 3,311 shares during the last quarter. Institutional investors and hedge funds own 73.33% of the company’s stock.

Cisco Systems Trading Up 1.5%

CSCO stock opened at $68.91 on Tuesday. Cisco Systems, Inc. has a 52-week low of $52.11 and a 52-week high of $72.55. The company has a quick ratio of 0.91, a current ratio of 1.00 and a debt-to-equity ratio of 0.49. The firm has a market cap of $272.42 billion, a P/E ratio of 26.30, a PEG ratio of 2.85 and a beta of 0.97. The company’s 50-day simple moving average is $68.12 and its 200-day simple moving average is $64.68.

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

Cisco Systems Dividend Announcement

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%.

Wall Street Analyst Weigh In

CSCO has been the topic of a number of research reports. Morgan Stanley increased their price objective on Cisco Systems from $67.00 to $70.00 and gave the company an “overweight” rating in a report on Friday, July 18th. Wall Street Zen lowered shares of Cisco Systems from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 12th. Barclays lifted 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. Evercore ISI increased their price objective 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. Finally, JPMorgan Chase & Co. boosted their target price on shares of Cisco Systems from $73.00 to $78.00 and gave the company an “overweight” rating in a research report on Thursday, July 17th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and ten have given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $74.53.

Insider Buying and Selling

In other Cisco Systems news, EVP Deborah L. Stahlkopf sold 2,718 shares of the company’s stock in a transaction on Thursday, September 11th. The shares were sold at an average price of $68.08, for a total transaction of $185,041.44. Following the completion of the transaction, the executive vice president directly owned 157,184 shares in the company, valued at approximately $10,701,086.72. This represents a 1.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Thimaya K. Subaiya sold 1,744 shares of Cisco Systems stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $66.78, for a total transaction of $116,464.32. Following the completion of the sale, the executive vice president owned 158,009 shares in the company, valued at approximately $10,551,841.02. This trade represents a 1.09% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 82,965 shares of company stock worth $5,559,996 in the last 90 days. 0.01% of the stock is owned by insiders.

About Cisco Systems

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.