Cisco Systems, Inc. $CSCO Shares Sold by Murphy Pohlad Asset Management LLC

Murphy Pohlad Asset Management LLC decreased its position in Cisco Systems, Inc. (NASDAQ:CSCO) by 0.3% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 63,308 shares of the network equipment provider’s stock after selling 200 shares during the quarter. Cisco Systems comprises about 1.9% of Murphy Pohlad Asset Management LLC’s holdings, making the stock its 14th largest position. Murphy Pohlad Asset Management LLC’s holdings in Cisco Systems were worth $4,392,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. Postrock Partners LLC raised its stake in Cisco Systems by 4.5% in the 2nd quarter. Postrock Partners LLC now owns 3,480 shares of the network equipment provider’s stock valued at $241,000 after purchasing an additional 150 shares during the last quarter. Mount Vernon Associates Inc. MD raised its stake in Cisco Systems by 0.4% in the 2nd quarter. Mount Vernon Associates Inc. MD now owns 41,379 shares of the network equipment provider’s stock valued at $2,871,000 after purchasing an additional 150 shares during the last quarter. Lion Street Advisors LLC raised its stake in Cisco Systems by 0.7% in the 2nd quarter. Lion Street Advisors LLC now owns 20,694 shares of the network equipment provider’s stock valued at $1,436,000 after purchasing an additional 152 shares during the last quarter. Boyd Watterson Asset Management LLC OH raised its stake in Cisco Systems by 1.5% in the 2nd quarter. Boyd Watterson Asset Management LLC OH now owns 10,445 shares of the network equipment provider’s stock valued at $725,000 after purchasing an additional 152 shares during the last quarter. Finally, Balboa Wealth Partners raised its stake in Cisco Systems by 1.7% in the 2nd quarter. Balboa Wealth Partners now owns 9,150 shares of the network equipment provider’s stock valued at $635,000 after purchasing an additional 153 shares during the last quarter. Institutional investors and hedge funds own 73.33% of the company’s stock.

Wall Street Analysts Forecast Growth

CSCO has been the subject of a number of research analyst reports. CICC Research initiated coverage on shares of Cisco Systems in a research note on Monday, July 14th. They set an “outperform” rating and a $78.00 price objective for the company. Rosenblatt Securities reaffirmed a “buy” rating and set a $87.00 price objective on shares of Cisco Systems in a research note on Thursday, August 14th. Bank of America upped their price objective on shares of Cisco Systems from $76.00 to $85.00 and gave the company a “buy” rating in a research note on Thursday, August 14th. Hsbc Global Res downgraded shares of Cisco Systems from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 15th. Finally, Evercore ISI upped their price objective on shares of Cisco Systems from $72.00 to $74.00 and gave the company an “in-line” rating in a research note on Thursday, August 14th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat.com, Cisco Systems presently has an average rating of “Moderate Buy” and a consensus target price of $74.72.

Insider Buying and Selling

In other news, EVP Thimaya K. Subaiya sold 1,744 shares of Cisco Systems stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $66.78, for a total transaction of $116,464.32. Following the sale, the executive vice president owned 158,009 shares in the company, valued at $10,551,841.02. This trade represents a 1.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Oliver Tuszik sold 17,526 shares of Cisco Systems stock in a transaction that occurred on Friday, September 19th. The shares were sold at an average price of $67.95, for a total transaction of $1,190,891.70. Following the sale, the executive vice president owned 198,855 shares in the company, valued at $13,512,197.25. This represents a 8.10% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 82,965 shares of company stock valued at $5,559,996 over the last three months. Company insiders own 0.01% of the company’s stock.

Cisco Systems Stock Up 2.2%

Shares of NASDAQ:CSCO opened at $72.91 on Friday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.91 and a current ratio of 1.00. Cisco Systems, Inc. has a 1 year low of $52.11 and a 1 year high of $73.11. The stock has a market capitalization of $287.32 billion, a P/E ratio of 27.83, a PEG ratio of 3.00 and a beta of 0.97. The stock has a 50-day simple moving average of $68.71 and a 200-day simple moving average of $66.10.

Cisco Systems (NASDAQ:CSCO) last issued 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 business had revenue of $14.67 billion during the quarter, compared to analysts’ expectations of $14.63 billion. During the same quarter in the previous year, the business earned $0.87 EPS. The company’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 analysts forecast 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 was paid on Wednesday, October 22nd. Shareholders of record on Friday, October 3rd were given a $0.41 dividend. The ex-dividend date of this dividend was Friday, October 3rd. This represents a $1.64 annualized dividend and a yield of 2.2%. Cisco Systems’s dividend payout ratio (DPR) is 62.60%.

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.