CPC Advisors LLC Purchases Shares of 110,656 Cisco Systems, Inc. $CSCO

CPC Advisors LLC purchased a new stake in Cisco Systems, Inc. (NASDAQ:CSCO) in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 110,656 shares of the network equipment provider’s stock, valued at approximately $7,571,000.

Several other institutional investors have also added to or reduced their stakes in the stock. Randolph Co Inc increased its holdings in Cisco Systems by 3.2% during the 3rd quarter. Randolph Co Inc now owns 522,499 shares of the network equipment provider’s stock worth $35,749,000 after purchasing an additional 16,171 shares in the last quarter. First United Bank & Trust grew its holdings in shares of Cisco Systems by 1.8% during the third quarter. First United Bank & Trust now owns 25,797 shares of the network equipment provider’s stock worth $1,765,000 after buying an additional 450 shares in the last quarter. GRIMES & Co WEALTH MANAGEMENT LLC grew its holdings in shares of Cisco Systems by 4.7% during the third quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 248,700 shares of the network equipment provider’s stock worth $17,016,000 after buying an additional 11,269 shares in the last quarter. Bogart Wealth LLC raised its position in Cisco Systems by 12.7% in the 3rd quarter. Bogart Wealth LLC now owns 228,902 shares of the network equipment provider’s stock valued at $15,661,000 after buying an additional 25,797 shares during the last quarter. Finally, Quent Capital LLC lifted its stake in Cisco Systems by 1.7% in the 3rd quarter. Quent Capital LLC now owns 24,192 shares of the network equipment provider’s stock valued at $1,655,000 after acquiring an additional 399 shares in the last quarter. 73.33% of the stock is owned by institutional investors.

Insider Activity at Cisco Systems

In other Cisco Systems news, Director Michael D. Capellas sold 16,150 shares of Cisco Systems stock in a transaction dated 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 transaction, the director directly owned 157,218 shares of the company’s stock, valued at approximately $12,149,807.04. The trade was a 9.32% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Jeetendra I. Patel sold 163,896 shares of the firm’s stock in a transaction dated Friday, November 14th. The stock was 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 trade represents a 36.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 1,044,865 shares of company stock valued at $81,397,635 in the last quarter. Insiders own 0.01% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on CSCO. Wells Fargo & Company raised their price objective on Cisco Systems from $83.00 to $95.00 and gave the company an “overweight” rating in a report on Thursday, November 13th. Citic Securities raised their target price on shares of Cisco Systems from $75.00 to $90.00 in a research note on Monday, November 17th. Wall Street Zen lowered shares of Cisco Systems from a “buy” rating to a “hold” rating in a research note on Saturday, November 22nd. Rosenblatt Securities raised their price objective on shares of Cisco Systems from $87.00 to $100.00 and gave the stock a “buy” rating in a research report on Thursday, November 13th. Finally, Bank of America increased their target price on Cisco Systems from $85.00 to $95.00 and gave the stock a “buy” rating in a research note on Thursday, November 13th. Sixteen analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $85.23.

Cisco Systems Stock Performance

Shares of Cisco Systems stock opened at $74.01 on Tuesday. Cisco Systems, Inc. has a 1-year low of $52.11 and a 1-year high of $80.82. The company has a 50 day moving average of $76.39 and a 200-day moving average of $71.43. The company has a current ratio of 0.93, a quick ratio of 0.83 and a debt-to-equity ratio of 0.46. The company has a market cap of $292.42 billion, a PE ratio of 27.82, a price-to-earnings-growth ratio of 2.79 and a beta of 0.87.

Cisco Systems (NASDAQ:CSCO) last announced its quarterly earnings data on Wednesday, November 12th. The network equipment provider reported $1.00 earnings per share for the quarter, topping the consensus estimate of $0.98 by $0.02. The business had revenue of $14.88 billion during the quarter, compared to the consensus estimate of $14.77 billion. Cisco Systems had a return on equity of 27.29% and a net margin of 18.38%.Cisco Systems’s revenue for the quarter was up 7.5% on a year-over-year basis. During the same period in the prior year, the company earned $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. As a group, 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 company also recently announced a quarterly dividend, which will be paid on Wednesday, January 21st. Shareholders of record on Friday, January 2nd will be issued a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend is Friday, January 2nd. Cisco Systems’s dividend payout ratio is presently 61.65%.

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.