Orion Porfolio Solutions LLC Acquires 21,380 Shares of Cisco Systems, Inc. $CSCO

Orion Porfolio Solutions LLC lifted its stake in Cisco Systems, Inc. (NASDAQ:CSCO) by 7.0% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 328,447 shares of the network equipment provider’s stock after buying an additional 21,380 shares during the quarter. Orion Porfolio Solutions LLC’s holdings in Cisco Systems were worth $22,788,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in shares of Cisco Systems by 1.3% during the 2nd quarter. Vanguard Group Inc. now owns 393,989,568 shares of the network equipment provider’s stock valued at $27,334,996,000 after purchasing an additional 5,039,714 shares during the last quarter. State Street Corp lifted its position in shares of Cisco Systems by 0.6% in the second quarter. State Street Corp now owns 194,695,250 shares of the network equipment provider’s stock worth $13,507,956,000 after buying an additional 1,067,872 shares in the last quarter. Geode Capital Management LLC boosted its stake in Cisco Systems by 1.2% during the second quarter. Geode Capital Management LLC now owns 99,252,395 shares of the network equipment provider’s stock valued at $6,864,058,000 after buying an additional 1,157,704 shares during the last quarter. Norges Bank purchased a new position in Cisco Systems during the 2nd quarter valued at approximately $3,816,825,000. Finally, Invesco Ltd. increased its stake in Cisco Systems by 3.0% in the 2nd quarter. Invesco Ltd. now owns 48,531,251 shares of the network equipment provider’s stock worth $3,367,098,000 after acquiring an additional 1,414,105 shares during the last quarter. 73.33% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

CSCO has been the topic of several recent research reports. Melius Research upped their price objective on Cisco Systems from $84.00 to $100.00 and gave the stock a “buy” rating in a report on Thursday, November 13th. CICC Research increased their price objective on shares of Cisco Systems from $78.00 to $84.00 and gave the company an “outperform” rating in a research report on Friday, November 14th. Rosenblatt Securities lifted their price objective on shares of Cisco Systems from $87.00 to $100.00 and gave the stock a “buy” rating in a research note on Thursday, November 13th. Morgan Stanley upped their target price on shares of Cisco Systems from $77.00 to $82.00 and gave the company an “overweight” rating in a research report on Thursday, November 13th. Finally, Wall Street Zen lowered Cisco Systems from a “buy” rating to a “hold” rating in a research report on Saturday, November 22nd. Seventeen analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $84.14.

Cisco Systems Stock Down 1.9%

NASDAQ:CSCO opened at $77.80 on Monday. Cisco Systems, Inc. has a twelve month low of $52.11 and a twelve month high of $80.82. The stock has a fifty day simple moving average of $73.77 and a 200-day simple moving average of $69.77. The company has a market cap of $307.39 billion, a price-to-earnings ratio of 29.25, a price-to-earnings-growth ratio of 2.94 and a beta of 0.87. The company has a current ratio of 0.93, a quick ratio of 0.83 and a debt-to-equity ratio of 0.46.

Cisco Systems (NASDAQ:CSCO) last issued its earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 EPS for the quarter, topping analysts’ consensus estimates of $0.98 by $0.02. The business had revenue of $14.88 billion for the quarter, compared to analyst estimates of $14.77 billion. Cisco Systems had a net margin of 18.38% and a return on equity of 27.29%. The company’s quarterly revenue was up 7.5% compared to the same quarter last year. During the same period last year, the company posted $0.91 earnings per share. Cisco Systems has set its FY 2026 guidance at 4.080-4.140 EPS and its Q2 2026 guidance at 1.010-1.030 EPS. Analysts anticipate that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 21st. Stockholders of record on Friday, January 2nd will be paid a dividend of $0.41 per share. The ex-dividend date is Friday, January 2nd. This represents a $1.64 annualized dividend and a dividend yield of 2.1%. Cisco Systems’s dividend payout ratio (DPR) is currently 61.65%.

Insider Transactions at Cisco Systems

In other news, SVP Maria Victoria Wong sold 428 shares of the stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $80.33, for a total transaction of $34,381.24. Following the transaction, the senior vice president directly owned 32,176 shares in the company, valued at approximately $2,584,698.08. This trade represents a 1.31% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Deborah L. Stahlkopf sold 164,584 shares of the company’s stock in a transaction on Friday, November 14th. The stock was sold at an average price of $77.85, for a total value of $12,812,864.40. Following the sale, the executive vice president owned 196,738 shares of the company’s stock, valued at approximately $15,316,053.30. This represents a 45.55% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,021,910 shares of company stock valued at $79,463,804 over the last three months. 0.01% of the stock is currently owned by corporate insiders.

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.