Invictus Private Wealth LLC Raises Holdings in Cisco Systems, Inc. $CSCO

Invictus Private Wealth LLC grew its position in shares of Cisco Systems, Inc. (NASDAQ:CSCOFree Report) by 5.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,163 shares of the network equipment provider’s stock after buying an additional 338 shares during the period. Invictus Private Wealth LLC’s holdings in Cisco Systems were worth $428,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Benson Investment Management Company Inc. purchased a new position in shares of Cisco Systems during the 2nd quarter valued at $6,307,000. Drucker Wealth 3.0 LLC lifted its position in shares of Cisco Systems by 257.2% during the 2nd quarter. Drucker Wealth 3.0 LLC now owns 29,300 shares of the network equipment provider’s stock valued at $2,030,000 after buying an additional 21,098 shares during the last quarter. Aberdeen Group plc lifted its position in shares of Cisco Systems by 5.6% during the 2nd quarter. Aberdeen Group plc now owns 6,006,016 shares of the network equipment provider’s stock valued at $415,526,000 after buying an additional 320,257 shares during the last quarter. Brucke Financial Inc. lifted its position in shares of Cisco Systems by 23.6% during the 2nd quarter. Brucke Financial Inc. now owns 12,013 shares of the network equipment provider’s stock valued at $833,000 after buying an additional 2,292 shares during the last quarter. Finally, PDS Planning Inc lifted its position in shares of Cisco Systems by 10.3% during the 2nd quarter. PDS Planning Inc now owns 24,745 shares of the network equipment provider’s stock valued at $1,717,000 after buying an additional 2,302 shares during the last quarter. Hedge funds and other institutional investors own 73.33% of the company’s stock.

Cisco Systems Price Performance

Shares of NASDAQ CSCO opened at $67.94 on Friday. The firm has a market capitalization of $268.58 billion, a P/E ratio of 25.93, a P/E/G ratio of 2.94 and a beta of 0.97. 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 stock’s 50-day simple moving average is $68.24 and its two-hundred day simple moving average is $64.86. Cisco Systems, Inc. has a twelve month low of $52.11 and a twelve month high of $72.55.

Cisco Systems (NASDAQ:CSCOGet Free Report) last announced its 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. The business had revenue of $14.67 billion for the quarter, compared to analyst estimates of $14.63 billion. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The company’s quarterly revenue was up 7.6% compared to the same quarter last year. During the same period in the prior year, the company earned $0.87 EPS. 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 anticipate that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.

Cisco Systems Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 22nd. Stockholders of record on Friday, October 3rd will be given a dividend of $0.41 per share. The ex-dividend date is Friday, October 3rd. This represents a $1.64 annualized dividend and a dividend yield of 2.4%. Cisco Systems’s dividend payout ratio is 62.60%.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Cisco Systems in a research report on Wednesday. Wall Street Zen cut Cisco Systems from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 12th. JPMorgan Chase & Co. increased their price objective on Cisco Systems from $73.00 to $78.00 and gave the stock an “overweight” rating in a report on Thursday, July 17th. Wells Fargo & Company increased their price objective on Cisco Systems from $75.00 to $83.00 and gave the stock an “overweight” rating in a report on Thursday, August 14th. Finally, Rosenblatt Securities reissued a “buy” rating and set a $87.00 price objective on shares of Cisco Systems in a report on Thursday, August 14th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $74.89.

Check Out Our Latest Stock Report on Cisco Systems

Insider Activity

In other news, EVP Thimaya K. Subaiya sold 7,511 shares of the stock in a transaction dated Wednesday, August 20th. The stock was sold at an average price of $66.84, for a total transaction of $502,035.24. Following the transaction, the executive vice president directly owned 161,467 shares in the company, valued at approximately $10,792,454.28. This represents a 4.44% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Oliver Tuszik sold 17,526 shares of the stock in a transaction dated Friday, September 19th. The shares were sold at an average price of $67.95, for a total value of $1,190,891.70. Following the transaction, the executive vice president owned 198,855 shares in the company, valued at $13,512,197.25. This trade represents a 8.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 82,965 shares of company stock worth $5,559,996. 0.01% of the stock is currently owned by insiders.

Cisco Systems Company Profile

(Free Report)

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.

Recommended Stories

Institutional Ownership by Quarter for Cisco Systems (NASDAQ:CSCO)

Receive News & Ratings for Cisco Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cisco Systems and related companies with MarketBeat.com's FREE daily email newsletter.