Braun Stacey Associates Inc. Buys 23,800 Shares of Cisco Systems, Inc. $CSCO

Braun Stacey Associates Inc. raised its stake in Cisco Systems, Inc. (NASDAQ:CSCO) by 7.5% during the third quarter, Holdings Channel reports. The fund owned 341,208 shares of the network equipment provider’s stock after buying an additional 23,800 shares during the period. Braun Stacey Associates Inc.’s holdings in Cisco Systems were worth $23,345,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of the stock. Postrock Partners LLC grew its holdings in Cisco Systems by 4.5% during the second quarter. Postrock Partners LLC now owns 3,480 shares of the network equipment provider’s stock valued at $241,000 after purchasing an additional 150 shares during the period. Mount Vernon Associates Inc. MD lifted its position in shares of Cisco Systems by 0.4% during the 2nd quarter. Mount Vernon Associates Inc. MD now owns 41,379 shares of the network equipment provider’s stock valued at $2,871,000 after buying an additional 150 shares during the last quarter. Wynn Capital LLC grew its stake in shares of Cisco Systems by 0.3% during the 3rd quarter. Wynn Capital LLC now owns 48,456 shares of the network equipment provider’s stock worth $3,315,000 after acquiring an additional 150 shares during the period. Old North State Trust LLC increased its holdings in Cisco Systems by 0.6% in the 2nd quarter. Old North State Trust LLC now owns 24,534 shares of the network equipment provider’s stock worth $1,702,000 after acquiring an additional 151 shares during the last quarter. Finally, Lion Street Advisors LLC raised its stake in Cisco Systems by 0.7% in the 2nd quarter. Lion Street Advisors LLC now owns 20,694 shares of the network equipment provider’s stock valued at $1,436,000 after acquiring an additional 152 shares during the period. Hedge funds and other institutional investors own 73.33% of the company’s stock.

Insider Buying and Selling

In other news, insider Jeetendra I. Patel sold 163,896 shares of the stock in a transaction on Friday, November 14th. The shares were sold at an average price of $77.86, for a total value of $12,760,942.56. Following the transaction, the insider owned 281,108 shares of the company’s stock, valued at $21,887,068.88. This represents a 36.83% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Deborah L. Stahlkopf sold 164,584 shares of the firm’s stock in a transaction on Friday, November 14th. The shares were sold at an average price of $77.85, for a total transaction of $12,812,864.40. Following the sale, the executive vice president owned 196,738 shares in the company, valued at approximately $15,316,053.30. This trade represents a 45.55% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 1,044,865 shares of company stock valued at $81,397,635 in the last 90 days. 0.01% of the stock is owned by company insiders.

Cisco Systems Trading Down 0.5%

Cisco Systems stock opened at $77.03 on Friday. The stock has a market cap of $304.35 billion, a P/E ratio of 28.96, a PEG ratio of 2.91 and a beta of 0.87. Cisco Systems, Inc. has a fifty-two week low of $52.11 and a fifty-two week high of $80.82. The firm’s fifty day moving average price is $76.05 and its 200-day moving average price is $70.98. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.83 and a current ratio of 0.93.

Cisco Systems (NASDAQ:CSCO) last posted its quarterly earnings data on Wednesday, November 12th. The network equipment provider reported $1.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.98 by $0.02. The company had revenue of $14.88 billion during the quarter, compared to analyst estimates of $14.77 billion. Cisco Systems had a return on equity of 27.29% and a net margin of 18.38%.The firm’s quarterly revenue was up 7.5% on a year-over-year basis. During the same quarter last year, the company earned $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. Equities research analysts forecast that Cisco Systems, Inc. will post 3.04 earnings per share for the current fiscal year.

Cisco Systems Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the stock. Barclays increased their target price on shares of Cisco Systems from $71.00 to $76.00 and gave the stock an “equal weight” rating in a research report on Thursday, November 13th. Argus raised their price objective on shares of Cisco Systems from $80.00 to $100.00 in a report on Thursday, November 13th. UBS Group boosted their target price on shares of Cisco Systems from $88.00 to $90.00 and gave the company a “buy” rating in a report on Thursday, November 13th. Wells Fargo & Company raised their price target on Cisco Systems from $83.00 to $95.00 and gave the stock an “overweight” rating in a report on Thursday, November 13th. Finally, HSBC lifted their price target on Cisco Systems from $69.00 to $74.00 and gave the company a “hold” rating in a research report on Friday, November 14th. Seventeen equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $84.70.

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.