KDT Advisors LLC Sells 5,000 Shares of Cisco Systems, Inc. $CSCO

KDT Advisors LLC lowered its stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 32.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 10,283 shares of the network equipment provider’s stock after selling 5,000 shares during the period. Cisco Systems accounts for approximately 1.2% of KDT Advisors LLC’s portfolio, making the stock its 24th largest holding. KDT Advisors LLC’s holdings in Cisco Systems were worth $713,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in CSCO. Financial Connections Group Inc. increased its position in shares of Cisco Systems by 89.4% during the 2nd quarter. Financial Connections Group Inc. now owns 409 shares of the network equipment provider’s stock valued at $28,000 after purchasing an additional 193 shares during the last quarter. Pandora Wealth Inc. bought a new stake in shares of Cisco Systems in the 1st quarter worth approximately $31,000. Nova Wealth Management Inc. purchased a new stake in shares of Cisco Systems in the first quarter worth $31,000. Brown Shipley& Co Ltd bought a new position in shares of Cisco Systems during the second quarter valued at $32,000. Finally, Fairway Wealth LLC grew its position in Cisco Systems by 224.7% in the 1st quarter. Fairway Wealth LLC now owns 578 shares of the network equipment provider’s stock worth $36,000 after purchasing an additional 400 shares during the period. Institutional investors own 73.33% of the company’s stock.

Insider Activity

In related news, CEO Charles Robbins sold 30,557 shares of the firm’s stock in a transaction dated Friday, August 15th. The stock was sold at an average price of $66.63, for a total transaction of $2,036,012.91. Following the completion of the transaction, the chief executive officer directly owned 639,000 shares in the company, valued at $42,576,570. This trade represents a 4.56% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Deborah L. Stahlkopf sold 2,718 shares of the company’s stock in a transaction on Thursday, September 11th. The stock was sold at an average price of $68.08, for a total value of $185,041.44. Following the sale, the executive vice president directly owned 157,184 shares in the company, valued at $10,701,086.72. This represents a 1.70% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 82,965 shares of company stock worth $5,559,996. 0.01% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on CSCO shares. Bank of America boosted their price objective on shares of Cisco Systems from $76.00 to $85.00 and gave the company a “buy” rating in a research report on Thursday, August 14th. HSBC reiterated a “hold” rating and issued a $69.00 price target on shares of Cisco Systems in a research report on Friday, August 15th. Evercore ISI raised their price objective on shares of Cisco Systems from $72.00 to $74.00 and gave the stock an “in-line” rating in a research note on Thursday, August 14th. William Blair upgraded shares of Cisco Systems to a “hold” rating in a report on Thursday, August 14th. Finally, JPMorgan Chase & Co. lifted their target price on Cisco Systems from $73.00 to $78.00 and gave the company an “overweight” rating in a research report on Thursday, July 17th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat, Cisco Systems has a consensus rating of “Moderate Buy” and a consensus target price of $74.72.

Cisco Systems Stock Performance

CSCO opened at $73.11 on Monday. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.00 and a quick ratio of 0.91. Cisco Systems, Inc. has a 1 year low of $52.11 and a 1 year high of $73.48. The firm has a fifty day moving average price of $68.82 and a 200 day moving average price of $66.34. The stock has a market cap of $288.11 billion, a P/E ratio of 27.90, a P/E/G ratio of 3.00 and a beta of 0.97.

Cisco Systems (NASDAQ:CSCO) last released its quarterly earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share for the quarter, topping the consensus estimate 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 company’s revenue for the quarter was up 7.6% on a year-over-year basis. During the same quarter in the prior year, the firm 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. Equities research analysts anticipate that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.

Cisco Systems Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 22nd. Investors of record on Friday, October 3rd were given a $0.41 dividend. This represents a $1.64 annualized dividend and a yield of 2.2%. The ex-dividend date was Friday, October 3rd. Cisco Systems’s dividend payout ratio is presently 62.60%.

Cisco Systems Company 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.