Cisco Systems, Inc. $CSCO Holdings Boosted by Welch Group LLC

Welch Group LLC grew its position in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 1.2% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 956,197 shares of the network equipment provider’s stock after buying an additional 11,636 shares during the quarter. Cisco Systems makes up approximately 2.8% of Welch Group LLC’s portfolio, making the stock its 10th largest holding. Welch Group LLC’s holdings in Cisco Systems were worth $66,341,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the company. Cypress Capital Group grew its holdings in shares of Cisco Systems by 2.0% during the second quarter. Cypress Capital Group now owns 77,771 shares of the network equipment provider’s stock worth $5,396,000 after purchasing an additional 1,514 shares during the last quarter. Bill Few Associates Inc. grew its holdings in shares of Cisco Systems by 47.1% during the second quarter. Bill Few Associates Inc. now owns 56,515 shares of the network equipment provider’s stock worth $3,921,000 after purchasing an additional 18,106 shares during the last quarter. MOKAN Wealth Management Inc. grew its holdings in shares of Cisco Systems by 9.1% during the second quarter. MOKAN Wealth Management Inc. now owns 11,217 shares of the network equipment provider’s stock worth $778,000 after purchasing an additional 940 shares during the last quarter. Ellis Investment Partners LLC grew its holdings in shares of Cisco Systems by 4.8% during the second quarter. Ellis Investment Partners LLC now owns 7,667 shares of the network equipment provider’s stock worth $532,000 after purchasing an additional 349 shares during the last quarter. Finally, M3 Advisory Group LLC grew its holdings in shares of Cisco Systems by 6.9% during the second quarter. M3 Advisory Group LLC now owns 4,312 shares of the network equipment provider’s stock worth $299,000 after purchasing an additional 280 shares during the last quarter. Hedge funds and other institutional investors own 73.33% of the company’s stock.

Insider Transactions at Cisco Systems

In related news, CEO Charles Robbins sold 30,557 shares of the firm’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 sale, the chief executive officer owned 639,000 shares in the company, valued at $42,576,570. This trade represents a 4.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Thimaya K. Subaiya sold 1,744 shares of the firm’s 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 of the company’s stock, valued at approximately $10,551,841.02. The trade was 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 valued at $5,559,996 over the last 90 days. Insiders own 0.01% of the company’s stock.

Cisco Systems Price Performance

Shares of NASDAQ:CSCO opened at $67.94 on Monday. 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 company has a market cap of $268.58 billion, a P/E ratio of 25.93, a PEG ratio of 2.86 and a beta of 0.97. Cisco Systems, Inc. has a 52 week low of $52.11 and a 52 week high of $72.55. The company has a 50-day moving average price of $68.24 and a 200 day moving average price of $64.90.

Cisco Systems (NASDAQ:CSCO) last announced its quarterly earnings data 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. The firm had revenue of $14.67 billion during the quarter, compared to the consensus estimate of $14.63 billion. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. The firm’s revenue was up 7.6% compared to the same quarter last year. During the same quarter last year, the firm earned $0.87 earnings per share. 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 predict that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.

Cisco Systems Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 22nd. Investors of record on Friday, October 3rd will be given a $0.41 dividend. The ex-dividend date 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 presently 62.60%.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on CSCO. Barclays raised their price objective on Cisco Systems from $66.00 to $71.00 and gave the stock an “equal weight” rating in a report on Thursday, August 14th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Cisco Systems in a research note on Wednesday, October 8th. William Blair upgraded shares of Cisco Systems to a “hold” rating in a research note on Thursday, August 14th. Bank of America increased their target price on shares of Cisco Systems from $76.00 to $85.00 and gave the stock a “buy” rating in a research note on Thursday, August 14th. Finally, UBS Group increased their target price on shares of Cisco Systems from $70.00 to $74.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 5th. 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 company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $74.89.

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.