Cypress Capital LLC Has $2.73 Million Stock Position in Cisco Systems, Inc. $CSCO

Cypress Capital LLC lifted its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCOFree Report) by 1,057.1% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 39,954 shares of the network equipment provider’s stock after purchasing an additional 36,501 shares during the period. Cisco Systems accounts for 0.8% of Cypress Capital LLC’s holdings, making the stock its 23rd biggest holding. Cypress Capital LLC’s holdings in Cisco Systems were worth $2,734,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of CSCO. Benchmark Financial Wealth Advisors LLC increased its stake in shares of Cisco Systems by 1.4% in the third quarter. Benchmark Financial Wealth Advisors LLC now owns 10,449 shares of the network equipment provider’s stock valued at $715,000 after buying an additional 142 shares during the period. Yoder Wealth Management Inc. boosted its holdings in Cisco Systems by 3.8% in the third quarter. Yoder Wealth Management Inc. now owns 3,945 shares of the network equipment provider’s stock valued at $270,000 after acquiring an additional 143 shares during the last quarter. Postrock Partners LLC increased its position in Cisco Systems by 4.5% during the 2nd 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 raised its holdings in 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 worth $2,871,000 after purchasing an additional 150 shares during the last quarter. Finally, Wynn Capital LLC lifted its position in shares of Cisco Systems by 0.3% in the 3rd quarter. Wynn Capital LLC now owns 48,456 shares of the network equipment provider’s stock worth $3,315,000 after purchasing an additional 150 shares during the period. 73.33% of the stock is currently owned by institutional investors and hedge funds.

Cisco Systems News Roundup

Here are the key news stories impacting Cisco Systems this week:

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the stock. Argus lifted their target price on shares of Cisco Systems from $80.00 to $100.00 in a research note on Thursday, November 13th. KeyCorp lifted their price objective on Cisco Systems from $77.00 to $87.00 and gave the stock an “overweight” rating in a research report on Thursday, November 13th. Erste Group Bank raised Cisco Systems from a “hold” rating to a “buy” rating in a research note on Monday, November 10th. Melius Research raised their target price on Cisco Systems from $84.00 to $100.00 and gave the stock a “buy” rating in a research note on Thursday, November 13th. Finally, Wells Fargo & Company boosted their price target on Cisco Systems from $83.00 to $95.00 and gave the company an “overweight” rating in a research note on Thursday, November 13th. Sixteen research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat, Cisco Systems presently has an average rating of “Moderate Buy” and a consensus price target of $85.23.

Check Out Our Latest Stock Analysis on CSCO

Insider Activity

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

Cisco Systems Price Performance

Cisco Systems stock opened at $74.72 on Thursday. The stock has a market cap of $295.23 billion, a P/E ratio of 28.09, a P/E/G ratio of 2.85 and a beta of 0.87. Cisco Systems, Inc. has a 52 week low of $52.11 and a 52 week high of $80.82. The company has a quick ratio of 0.83, a current ratio of 0.93 and a debt-to-equity ratio of 0.46. The company’s 50 day moving average price is $76.36 and its two-hundred day moving average price is $71.29.

Cisco Systems (NASDAQ:CSCOGet Free Report) last issued its earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.98 by $0.02. The business had revenue of $14.88 billion for the quarter, compared to analysts’ expectations of $14.77 billion. Cisco Systems had a net margin of 18.38% and a return on equity of 27.29%. The business’s revenue for the quarter was up 7.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.91 EPS. 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. On average, equities analysts predict that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.

Cisco Systems Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 21st. Stockholders of record on Friday, January 2nd will be given a $0.41 dividend. The ex-dividend date of this dividend is Friday, January 2nd. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.2%. Cisco Systems’s dividend payout ratio is currently 61.65%.

About Cisco Systems

(Free Report)

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.

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Institutional Ownership by Quarter for Cisco Systems (NASDAQ:CSCO)

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