Strategic Financial Concepts LLC Increases Position in Cisco Systems, Inc. $CSCO

Strategic Financial Concepts LLC lifted its holdings in Cisco Systems, Inc. (NASDAQ:CSCO) by 31.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,814 shares of the network equipment provider’s stock after purchasing an additional 1,397 shares during the period. Strategic Financial Concepts LLC’s holdings in Cisco Systems were worth $403,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of CSCO. Financial Connections Group Inc. increased its stake in shares of Cisco Systems by 89.4% in 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 in the last quarter. Pandora Wealth Inc. purchased a new position in shares of Cisco Systems in the 1st quarter valued at about $31,000. Nova Wealth Management Inc. purchased a new position in shares of Cisco Systems in the 1st quarter valued at about $31,000. Brown Shipley& Co Ltd purchased a new position in shares of Cisco Systems in the 2nd quarter valued at about $32,000. Finally, Fairway Wealth LLC increased its stake in shares of Cisco Systems by 224.7% in the 1st quarter. Fairway Wealth LLC now owns 578 shares of the network equipment provider’s stock valued at $36,000 after purchasing an additional 400 shares in the last quarter. Hedge funds and other institutional investors own 73.33% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on CSCO. William Blair upgraded Cisco Systems to a “hold” rating in a research note on Thursday, August 14th. Weiss Ratings reiterated a “buy (b)” rating on shares of Cisco Systems in a research note on Thursday. Piper Sandler boosted their price objective on Cisco Systems from $64.00 to $70.00 and gave the stock a “neutral” rating in a research note on Thursday, August 14th. JPMorgan Chase & Co. lifted their target price on shares of Cisco Systems from $73.00 to $78.00 and gave the stock an “overweight” rating in a research note on Thursday, July 17th. Finally, Wolfe Research started coverage on shares of Cisco Systems in a research note on Tuesday, July 8th. They set a “peer perform” rating on the stock. 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 stock. According to data from MarketBeat.com, Cisco Systems currently has a consensus rating of “Moderate Buy” and an average target price of $74.72.

Insider Buying and Selling

In related news, EVP Oliver Tuszik sold 17,526 shares of the business’s stock in a transaction dated Friday, September 19th. The shares were sold at an average price of $67.95, for a total value of $1,190,891.70. Following the sale, the executive vice president directly owned 198,855 shares in the company, valued at approximately $13,512,197.25. The trade was a 8.10% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Charles Robbins sold 30,557 shares of the business’s stock in a transaction dated 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 approximately $42,576,570. This trade represents a 4.56% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 82,965 shares of company stock valued at $5,559,996 in the last ninety days. Company insiders own 0.01% of the company’s stock.

Cisco Systems Price Performance

CSCO stock 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. The business has a 50 day simple moving average of $68.82 and a 200-day simple moving average of $66.34. The firm has a market capitalization of $288.11 billion, a PE ratio of 27.90, a price-to-earnings-growth ratio of 3.00 and a beta of 0.97. Cisco Systems, Inc. has a 1 year low of $52.11 and a 1 year high of $73.48.

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