Commonwealth Equity Services LLC Cuts Stake in Cisco Systems, Inc. $CSCO

Commonwealth Equity Services LLC cut its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 12.1% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,797,535 shares of the network equipment provider’s stock after selling 248,025 shares during the period. Commonwealth Equity Services LLC’s holdings in Cisco Systems were worth $122,987,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in CSCO. West Paces Advisors Inc. increased its position in Cisco Systems by 5.6% during the 3rd quarter. West Paces Advisors Inc. now owns 15,397 shares of the network equipment provider’s stock valued at $1,053,000 after buying an additional 814 shares in the last quarter. Glass Wealth Management Co LLC boosted its holdings in Cisco Systems by 0.7% in the third quarter. Glass Wealth Management Co LLC now owns 29,655 shares of the network equipment provider’s stock worth $2,029,000 after acquiring an additional 200 shares in the last quarter. Benchmark Financial Wealth Advisors LLC grew its stake in shares of Cisco Systems by 1.4% during the third quarter. Benchmark Financial Wealth Advisors LLC now owns 10,449 shares of the network equipment provider’s stock worth $715,000 after acquiring an additional 142 shares during the last quarter. Endeavor Private Wealth Inc. increased its holdings in shares of Cisco Systems by 13.4% during the third quarter. Endeavor Private Wealth Inc. now owns 13,963 shares of the network equipment provider’s stock valued at $955,000 after acquiring an additional 1,651 shares in the last quarter. Finally, Earned Wealth Advisors LLC increased its holdings in shares of Cisco Systems by 12.6% during the third quarter. Earned Wealth Advisors LLC now owns 8,016 shares of the network equipment provider’s stock valued at $548,000 after acquiring an additional 894 shares in the last quarter. Institutional investors and hedge funds own 73.33% of the company’s stock.

Insider Buying and Selling

In other Cisco Systems news, CEO Charles Robbins sold 281,860 shares of the company’s stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $78.35, for a total value of $22,083,731.00. Following the sale, the chief executive officer owned 820,887 shares in the company, valued at approximately $64,316,496.45. This represents a 25.56% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Michael D. Capellas sold 16,150 shares of the firm’s stock in a transaction that occurred on Thursday, December 18th. The stock was sold at an average price of $77.28, for a total transaction of $1,248,072.00. Following the sale, the director directly owned 157,218 shares in the company, valued at $12,149,807.04. The trade was a 9.32% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 1,044,865 shares of company stock valued at $81,397,635 in the last three months. 0.01% of the stock is currently owned by company insiders.

Cisco Systems Stock Down 1.3%

NASDAQ:CSCO opened at $76.04 on Monday. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.93 and a quick ratio of 0.83. The company’s fifty day moving average price is $76.15 and its 200-day moving average price is $71.13. Cisco Systems, Inc. has a 1-year low of $52.11 and a 1-year high of $80.82. The firm has a market capitalization of $300.44 billion, a P/E ratio of 28.59, a PEG ratio of 2.88 and a beta of 0.87.

Cisco Systems (NASDAQ:CSCO) last posted its quarterly earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 EPS for the quarter, beating the consensus estimate of $0.98 by $0.02. The company 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 firm’s revenue was up 7.5% on a year-over-year basis. During the same period in the prior 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. As a group, equities research analysts anticipate that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 21st. Investors of record on Friday, January 2nd will be given a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a yield of 2.2%. The ex-dividend date is Friday, January 2nd. Cisco Systems’s dividend payout ratio (DPR) is currently 61.65%.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on CSCO. Weiss Ratings reissued a “buy (b)” rating on shares of Cisco Systems in a research report on Thursday, October 30th. Erste Group Bank upgraded shares of Cisco Systems from a “hold” rating to a “buy” rating in a research note on Monday, November 10th. JPMorgan Chase & Co. boosted their price objective on shares of Cisco Systems from $80.00 to $90.00 and gave the company an “overweight” rating in a report on Thursday, November 13th. Argus upped their target price on Cisco Systems from $80.00 to $100.00 in a research report on Thursday, November 13th. Finally, Wells Fargo & Company lifted their price target on Cisco Systems from $83.00 to $95.00 and gave the stock an “overweight” rating in a research report on Thursday, November 13th. Seventeen investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target 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.