Jacobsen Capital Management Buys 1,880 Shares of Cisco Systems, Inc. $CSCO

Jacobsen Capital Management raised its stake in Cisco Systems, Inc. (NASDAQ:CSCO) by 30.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 8,081 shares of the network equipment provider’s stock after acquiring an additional 1,880 shares during the period. Jacobsen Capital Management’s holdings in Cisco Systems were worth $561,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of CSCO. D.A. Davidson & CO. lifted its holdings in shares of Cisco Systems by 2.8% during the second quarter. D.A. Davidson & CO. now owns 482,858 shares of the network equipment provider’s stock valued at $33,501,000 after acquiring an additional 13,221 shares during the period. Cullen Frost Bankers Inc. grew its holdings in Cisco Systems by 8.5% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 564,875 shares of the network equipment provider’s stock worth $39,191,000 after acquiring an additional 44,273 shares during the last quarter. St. Johns Investment Management Company LLC increased its position in Cisco Systems by 1.0% in the 2nd quarter. St. Johns Investment Management Company LLC now owns 17,981 shares of the network equipment provider’s stock valued at $1,248,000 after acquiring an additional 170 shares in the last quarter. Fiduciary Family Office LLC raised its stake in shares of Cisco Systems by 5.8% in the second quarter. Fiduciary Family Office LLC now owns 15,407 shares of the network equipment provider’s stock worth $1,069,000 after acquiring an additional 846 shares during the last quarter. Finally, Fingerlakes Wealth Management Inc. lifted its position in shares of Cisco Systems by 4.0% during the second quarter. Fingerlakes Wealth Management Inc. now owns 4,514 shares of the network equipment provider’s stock worth $313,000 after purchasing an additional 172 shares in the last quarter. 73.33% of the stock is currently owned by institutional investors and hedge funds.

Cisco Systems Stock Up 0.1%

Shares of CSCO stock opened at $70.72 on Wednesday. Cisco Systems, Inc. has a 12-month low of $52.11 and a 12-month 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 fifty day moving average of $68.18 and a 200-day moving average of $65.34. The company has a market capitalization of $279.57 billion, a price-to-earnings ratio of 26.99, a P/E/G ratio of 2.98 and a beta of 0.97.

Cisco Systems (NASDAQ:CSCO) last released its earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share (EPS) 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 firm 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 company earned $0.87 EPS. The company’s revenue 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. As a group, equities research analysts predict that Cisco Systems, Inc. will post 3.04 earnings per share for the current fiscal year.

Cisco Systems Announces Dividend

The company also recently announced 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. This represents a $1.64 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend is Friday, October 3rd. Cisco Systems’s dividend payout ratio (DPR) is currently 62.60%.

Insider Transactions at Cisco Systems

In other news, SVP Maria Victoria Wong sold 428 shares of the firm’s stock in a transaction that occurred on Thursday, September 11th. The shares were sold at an average price of $68.25, for a total transaction of $29,211.00. Following the completion of the transaction, the senior vice president directly owned 30,619 shares of the company’s stock, valued at $2,089,746.75. This trade represents a 1.38% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Charles Robbins sold 30,557 shares of Cisco Systems stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $66.63, for a total transaction 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 disclosure for this sale can be found here. In the last three months, insiders have sold 82,965 shares of company stock worth $5,559,996. Corporate insiders own 0.01% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on CSCO shares. UBS Group raised their price target on shares of Cisco Systems from $70.00 to $74.00 and gave the company a “neutral” rating in a report on Tuesday, August 5th. Hsbc Global Res cut Cisco Systems from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 15th. Piper Sandler increased their target price on shares of Cisco Systems from $64.00 to $70.00 and gave the stock a “neutral” rating in a report on Thursday, August 14th. Morgan Stanley lifted their price target on shares of Cisco Systems from $73.00 to $77.00 and gave the stock an “overweight” rating in a research report on Friday, October 10th. Finally, CICC Research assumed 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. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and ten have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $74.72.

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.