Cisco Systems, Inc. $CSCO Stock Position Trimmed by South Dakota Investment Council

South Dakota Investment Council decreased its position in Cisco Systems, Inc. (NASDAQ:CSCO) by 22.0% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 332,920 shares of the network equipment provider’s stock after selling 93,677 shares during the period. South Dakota Investment Council’s holdings in Cisco Systems were worth $23,098,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the business. Brighton Jones LLC raised its stake in Cisco Systems by 49.5% during the 4th quarter. Brighton Jones LLC now owns 74,187 shares of the network equipment provider’s stock valued at $4,392,000 after acquiring an additional 24,562 shares in the last quarter. Revolve Wealth Partners LLC increased its holdings in shares of Cisco Systems by 37.0% during the fourth quarter. Revolve Wealth Partners LLC now owns 9,156 shares of the network equipment provider’s stock valued at $542,000 after purchasing an additional 2,474 shares during the period. Golden State Wealth Management LLC raised its stake in shares of Cisco Systems by 10.8% during the first quarter. Golden State Wealth Management LLC now owns 6,298 shares of the network equipment provider’s stock valued at $389,000 after purchasing an additional 612 shares in the last quarter. Strategic Blueprint LLC lifted its holdings in Cisco Systems by 2.9% in the first quarter. Strategic Blueprint LLC now owns 20,805 shares of the network equipment provider’s stock worth $1,284,000 after purchasing an additional 581 shares during the period. Finally, Capital Investment Advisory Services LLC grew its position in Cisco Systems by 5.2% in the 1st quarter. Capital Investment Advisory Services LLC now owns 22,045 shares of the network equipment provider’s stock valued at $1,360,000 after buying an additional 1,085 shares in the last quarter. Institutional investors own 73.33% of the company’s stock.

Wall Street Analysts Forecast Growth

CSCO has been the topic of a number of recent analyst reports. Bank of America boosted their price target on shares of Cisco Systems from $76.00 to $85.00 and gave the stock a “buy” rating in a research report on Thursday, August 14th. Wall Street Zen cut Cisco Systems from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 12th. Wolfe Research initiated coverage on Cisco Systems in a research note on Tuesday, July 8th. They set a “peer perform” rating for the company. Weiss Ratings reissued a “buy (b)” rating on shares of Cisco Systems in a research note on Thursday. Finally, Morgan Stanley raised their target price on Cisco Systems from $73.00 to $77.00 and gave the company an “overweight” rating in a research note on Friday, October 10th. One equities 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 data from MarketBeat.com, Cisco Systems currently has an average rating of “Moderate Buy” and an average target price of $74.72.

Insider Transactions at Cisco Systems

In other news, EVP Deborah L. Stahlkopf sold 9,783 shares of the firm’s stock in a transaction on Friday, August 15th. The stock was sold at an average price of $66.60, for a total value of $651,547.80. Following the completion of the sale, the executive vice president owned 161,662 shares of the company’s stock, valued at $10,766,689.20. This trade represents a 5.71% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, EVP Thimaya K. Subaiya sold 7,511 shares of the company’s stock in a transaction on Wednesday, August 20th. The shares were sold at an average price of $66.84, for a total value of $502,035.24. Following the transaction, the executive vice president directly owned 161,467 shares in the company, valued at $10,792,454.28. The trade was a 4.44% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 82,965 shares of company stock worth $5,559,996. 0.01% of the stock is currently owned by insiders.

Cisco Systems Stock Performance

CSCO opened at $73.11 on Friday. 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 $288.11 billion, a PE ratio of 27.90, a P/E/G ratio of 3.00 and a beta of 0.97. The business has a fifty day simple moving average of $68.82 and a 200-day simple moving average of $66.27. Cisco Systems, Inc. has a fifty-two week low of $52.11 and a fifty-two week high of $73.48.

Cisco Systems (NASDAQ:CSCO) last announced its earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 EPS for the quarter, beating the consensus estimate of $0.98 by $0.01. The business had revenue of $14.67 billion during the quarter, compared to the consensus estimate of $14.63 billion. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.Cisco Systems’s revenue was up 7.6% compared to the same quarter last year. During the same period in the prior year, the business posted $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. As a group, equities analysts predict that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.

Cisco Systems Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 22nd. Stockholders of record on Friday, October 3rd were issued a dividend of $0.41 per share. The ex-dividend date was Friday, October 3rd. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.2%. Cisco Systems’s payout ratio is currently 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.