Cisco Systems, Inc. $CSCO Holdings Increased by VCI Wealth Management LLC

VCI Wealth Management LLC grew its position in Cisco Systems, Inc. (NASDAQ:CSCO) by 18.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 34,852 shares of the network equipment provider’s stock after acquiring an additional 5,331 shares during the period. VCI Wealth Management LLC’s holdings in Cisco Systems were worth $3,751,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in CSCO. Garde Capital Inc. purchased a new stake in shares of Cisco Systems during the 3rd quarter worth $258,000. Gerber Kawasaki Wealth & Investment Management grew its stake in shares of Cisco Systems by 26.9% during the 3rd quarter. Gerber Kawasaki Wealth & Investment Management now owns 10,200 shares of the network equipment provider’s stock worth $1,098,000 after purchasing an additional 2,163 shares during the period. GraniteShares Advisors LLC grew its stake in shares of Cisco Systems by 2.0% during the 3rd quarter. GraniteShares Advisors LLC now owns 15,723 shares of the network equipment provider’s stock worth $1,692,000 after purchasing an additional 305 shares during the period. Blue Bell Private Wealth Management LLC increased its holdings in shares of Cisco Systems by 8.0% in the 3rd quarter. Blue Bell Private Wealth Management LLC now owns 6,100 shares of the network equipment provider’s stock valued at $657,000 after purchasing an additional 454 shares in the last quarter. Finally, Signature Equity Partners LLC increased its holdings in shares of Cisco Systems by 6.7% in the 3rd quarter. Signature Equity Partners LLC now owns 7,294 shares of the network equipment provider’s stock valued at $785,000 after purchasing an additional 455 shares in the last quarter. 73.33% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages recently commented on CSCO. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Cisco Systems in a research note on Tuesday, September 1st. They issued a “buy” rating and a $135.00 price objective for the company. KeyCorp upped their target price on shares of Cisco Systems from $130.00 to $135.00 and gave the stock an “overweight” rating in a research report on Thursday, August 13th. Wall Street Zen raised shares of Cisco Systems from a “hold” rating to a “buy” rating in a report on Sunday, October 11th. Piper Sandler dropped their target price on shares of Cisco Systems from $132.00 to $125.00 and set a “neutral” rating for the company in a report on Tuesday, September 22nd. Finally, Sanford C. Bernstein started coverage on shares of Cisco Systems in a research report on Wednesday, September 30th. They set a “market perform” rating and a $110.00 price target for the company. Three equities research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $128.52.

Cisco Systems Stock Down 2.8%

Cisco Systems stock opened at $101.61 on Tuesday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.79 and a current ratio of 0.93. The firm has a market capitalization of $400.61 billion, a price-to-earnings ratio of 30.42, a price-to-earnings-growth ratio of 2.30 and a beta of 0.99. Cisco Systems, Inc. has a fifty-two week low of $70.54 and a fifty-two week high of $130.37. The stock’s fifty day moving average is $109.81 and its two-hundred day moving average is $101.14.

Cisco Systems (NASDAQ:CSCO) last announced its quarterly earnings results on Wednesday, August 12th. The network equipment provider reported $1.22 earnings per share for the quarter, beating analysts’ consensus estimates of $1.17 by $0.05. The business had revenue of $17.25 billion during the quarter, compared to analysts’ expectations of $16.84 billion. Cisco Systems had a return on equity of 30.16% and a net margin of 20.95%. The business’s revenue for the quarter was up 17.6% on a year-over-year basis. During the same quarter last year, the business posted $0.99 earnings per share. Cisco Systems has set its FY 2027 guidance at 5.050-5.110 EPS and its Q1 2027 guidance at 1.320-1.340 EPS. Analysts predict that Cisco Systems, Inc. will post 4.42 EPS for the current fiscal year.

Cisco Systems Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 21st. Shareholders of record on Friday, October 2nd were given a dividend of $0.42 per share. The ex-dividend date was Friday, October 2nd. This represents a $1.68 dividend on an annualized basis and a yield of 1.7%. Cisco Systems’s payout ratio is presently 50.30%.

Insider Activity at Cisco Systems

In other Cisco Systems news, insider Jeetendra Patel sold 7,170 shares of the company’s stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $111.57, for a total value of $799,956.90. Following the sale, the insider owned 230,593 shares of the company’s stock, valued at $25,727,261.01. This represents a 3.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Oliver Tuszik sold 2,760 shares of the stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $112.46, for a total transaction of $310,389.60. Following the completion of the sale, the executive vice president owned 165,276 shares in the company, valued at $18,586,938.96. This represents a 1.64% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 44,869 shares of company stock valued at $5,005,620 in the last quarter. 0.01% of the stock is owned by corporate insiders.

About Cisco Systems

Cisco Systems, Inc is a global technology company that develops networking, cybersecurity, collaboration and observability solutions for businesses, government organizations and service providers. Its offerings include routers, switches, wireless networking equipment, data-center infrastructure, security software and services, as well as technologies that support cloud and hybrid IT environments.

The company also provides collaboration tools through its Webex portfolio, cloud-managed networking through Cisco Meraki and security and observability capabilities that include technologies from Splunk, which Cisco acquired in 2024.