Mosaic Family Wealth Partners LLC Grows Stock Holdings in Cisco Systems, Inc. $CSCO

Mosaic Family Wealth Partners LLC boosted its stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 55.3% during the first quarter, Holdings Channel reports. The firm owned 17,500 shares of the network equipment provider’s stock after purchasing an additional 6,230 shares during the quarter. Mosaic Family Wealth Partners LLC’s holdings in Cisco Systems were worth $1,358,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in CSCO. Ibex Wealth Advisors bought a new stake in Cisco Systems in the 1st quarter worth approximately $5,020,000. Kestra Advisory Services LLC lifted its holdings in shares of Cisco Systems by 3.7% during the 1st quarter. Kestra Advisory Services LLC now owns 705,567 shares of the network equipment provider’s stock valued at $54,745,000 after buying an additional 25,036 shares during the period. Azzad Asset Management Inc. ADV lifted its holdings in shares of Cisco Systems by 1.2% during the 1st quarter. Azzad Asset Management Inc. ADV now owns 46,391 shares of the network equipment provider’s stock valued at $3,600,000 after buying an additional 555 shares during the period. Resona Asset Management Co. Ltd. boosted its stake in shares of Cisco Systems by 1.0% in the 1st quarter. Resona Asset Management Co. Ltd. now owns 1,378,940 shares of the network equipment provider’s stock worth $106,868,000 after buying an additional 14,028 shares during the last quarter. Finally, Demars Financial Group LLC purchased a new position in shares of Cisco Systems in the 1st quarter worth $370,000. Hedge funds and other institutional investors own 73.33% of the company’s stock.

Cisco Systems Trading Up 3.9%

Shares of CSCO opened at $118.31 on Friday. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.92 and a quick ratio of 0.81. The firm has a market cap of $466.31 billion, a P/E ratio of 38.41, a price-to-earnings-growth ratio of 2.90 and a beta of 1.02. The company has a 50 day simple moving average of $114.69 and a two-hundred day simple moving average of $91.87. Cisco Systems, Inc. has a 1 year low of $65.75 and a 1 year high of $130.37.

Cisco Systems (NASDAQ:CSCO) last announced its quarterly earnings results on Wednesday, May 13th. The network equipment provider reported $1.06 EPS for the quarter, topping the consensus estimate of $1.03 by $0.03. The business had revenue of $15.84 billion for the quarter, compared to analysts’ expectations of $15.56 billion. Cisco Systems had a net margin of 20.14% and a return on equity of 28.44%. The business’s quarterly revenue was up 12.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.96 EPS. Cisco Systems has set its Q4 2026 guidance at 1.160-1.180 EPS and its FY 2026 guidance at 4.270-4.290 EPS. On average, equities analysts expect that Cisco Systems, Inc. will post 3.54 earnings per share for the current fiscal year.

Cisco Systems Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 22nd. Investors of record on Monday, July 6th will be paid a dividend of $0.42 per share. The ex-dividend date of this dividend is Monday, July 6th. This represents a $1.68 dividend on an annualized basis and a yield of 1.4%. Cisco Systems’s dividend payout ratio is presently 54.55%.

Insider Buying and Selling at Cisco Systems

In other news, EVP Thimaya K. Subaiya sold 7,127 shares of the stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $119.91, for a total transaction of $854,598.57. Following the completion of the transaction, the executive vice president directly owned 140,857 shares in the company, valued at approximately $16,890,162.87. This represents a 4.82% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Deborah L. Stahlkopf sold 6,586 shares of the stock in a transaction on Friday, May 15th. The shares were sold at an average price of $117.31, for a total transaction of $772,603.66. Following the transaction, the executive vice president owned 177,223 shares of the company’s stock, valued at $20,790,030.13. This trade represents a 3.58% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 47,650 shares of company stock worth $5,668,823 over the last three months. 0.01% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several equities research analysts have recently commented on CSCO shares. Citic Securities upped their price target on shares of Cisco Systems from $90.00 to $130.00 in a research report on Friday, May 15th. BNP Paribas Exane boosted their price objective on shares of Cisco Systems from $87.00 to $132.00 and gave the company an “outperform” rating in a research report on Thursday, May 14th. Truist Financial assumed coverage on Cisco Systems in a research note on Tuesday, March 31st. They issued a “buy” rating and a $94.00 price objective for the company. Bank of America raised their target price on Cisco Systems from $135.00 to $150.00 and gave the stock a “buy” rating in a report on Monday, June 8th. Finally, Wall Street Zen raised Cisco Systems from a “hold” rating to a “buy” rating in a report on Saturday, July 4th. Three research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $123.14.

About Cisco Systems

Cisco Systems, Inc is a global technology company that designs, manufactures and sells networking hardware, software and telecommunications equipment. Its core business focuses on enabling enterprise and service-provider networks through products such as routers, switches, network security appliances and wireless systems. Over time Cisco has broadened its portfolio to emphasize software-defined networking, cybersecurity, cloud infrastructure and edge computing solutions that help organizations build and manage modern IT environments.

In addition to hardware, Cisco offers a growing range of software platforms and subscription services for network management, security, analytics and collaboration.