Menlo Advisors LLC Reduces Position in Cisco Systems, Inc. $CSCO

Menlo Advisors LLC trimmed its holdings in Cisco Systems, Inc. (NASDAQ:CSCO) by 1.2% in the second quarter, Holdings Channel.com reports. The institutional investor owned 93,944 shares of the network equipment provider’s stock after selling 1,175 shares during the quarter. Cisco Systems makes up 3.5% of Menlo Advisors LLC’s holdings, making the stock its 12th biggest holding. Menlo Advisors LLC’s holdings in Cisco Systems were worth $6,517,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the business. Financial Connections Group Inc. boosted its holdings 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 worth $28,000 after purchasing an additional 193 shares during the last quarter. Pandora Wealth Inc. purchased a new position in Cisco Systems during the first quarter worth approximately $31,000. Nova Wealth Management Inc. purchased a new position in Cisco Systems during the first quarter worth approximately $31,000. Brown Shipley& Co Ltd purchased a new stake in Cisco Systems in the 2nd quarter valued at $32,000. Finally, Accent Capital Management LLC acquired a new stake in shares of Cisco Systems in the 1st quarter worth $36,000. Hedge funds and other institutional investors own 73.33% of the company’s stock.

Insider Transactions at Cisco Systems

In other Cisco Systems news, EVP Thimaya K. Subaiya sold 1,744 shares of the business’s stock in a transaction dated 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 directly owned 158,009 shares in the company, valued at $10,551,841.02. This represents a 1.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Maria Victoria Wong sold 428 shares of the stock in a transaction dated Thursday, September 11th. The stock was sold at an average price of $68.25, for a total transaction of $29,211.00. Following the sale, the senior vice president directly owned 30,619 shares in the company, valued at $2,089,746.75. This represents a 1.38% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 82,965 shares of company stock worth $5,559,996. 0.01% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several research firms have recently commented on CSCO. Morgan Stanley lifted their price target on Cisco Systems from $73.00 to $77.00 and gave the stock an “overweight” rating in a report on Friday, October 10th. Piper Sandler lifted their target price on shares of Cisco Systems from $64.00 to $70.00 and gave the stock a “neutral” rating in a research note on Thursday, August 14th. Evercore ISI boosted their target price on shares of Cisco Systems from $72.00 to $74.00 and gave the company an “in-line” rating in a report on Thursday, August 14th. Bank of America raised their price target on shares of Cisco Systems from $76.00 to $85.00 and gave the stock a “buy” rating in a report on Thursday, August 14th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Cisco Systems in a report on Thursday, October 30th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $75.50.

Cisco Systems Price Performance

Cisco Systems stock opened at $71.07 on Friday. The company’s 50 day simple moving average is $69.19 and its 200-day simple moving average is $66.78. The company has a market capitalization of $280.07 billion, a price-to-earnings ratio of 27.13, a price-to-earnings-growth ratio of 3.00 and a beta of 0.95. Cisco Systems, Inc. has a 1 year low of $52.11 and a 1 year high of $74.84. 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 (NASDAQ:CSCO) last posted its quarterly earnings data on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share for the quarter, topping analysts’ consensus estimates of $0.98 by $0.01. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. The firm had revenue of $14.67 billion during the quarter, compared to analysts’ expectations of $14.63 billion. During the same quarter last year, the company posted $0.87 EPS. The firm’s quarterly 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 expect that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.

Cisco Systems Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 22nd. Stockholders of record on Friday, October 3rd were paid a $0.41 dividend. The ex-dividend date of this dividend was Friday, October 3rd. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.3%. Cisco Systems’s 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.