Envestnet Portfolio Solutions Inc. Sells 16,597 Shares of Cisco Systems, Inc. $CSCO

Envestnet Portfolio Solutions Inc. decreased its position in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 3.8% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 418,231 shares of the network equipment provider’s stock after selling 16,597 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in Cisco Systems were worth $28,615,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Benchmark Financial Wealth Advisors LLC raised its position in Cisco Systems by 1.4% in the 3rd quarter. Benchmark Financial Wealth Advisors LLC now owns 10,449 shares of the network equipment provider’s stock worth $715,000 after purchasing an additional 142 shares during the period. Yoder Wealth Management Inc. boosted its position in shares of Cisco Systems by 3.8% during the third quarter. Yoder Wealth Management Inc. now owns 3,945 shares of the network equipment provider’s stock valued at $270,000 after buying an additional 143 shares during the period. Postrock Partners LLC grew its stake in shares of 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 buying an additional 150 shares during the last quarter. Mount Vernon Associates Inc. MD raised its holdings in shares of Cisco Systems by 0.4% in the second quarter. Mount Vernon Associates Inc. MD now owns 41,379 shares of the network equipment provider’s stock worth $2,871,000 after buying an additional 150 shares during the period. Finally, Wynn Capital LLC lifted 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 last quarter. Hedge funds and other institutional investors own 73.33% of the company’s stock.

Insider Transactions at Cisco Systems

In related news, insider Jeetendra I. Patel sold 163,896 shares of the business’s stock in a transaction that occurred on Friday, November 14th. The shares were sold at an average price of $77.86, for a total transaction of $12,760,942.56. Following the completion of the transaction, the insider owned 281,108 shares in the company, valued at $21,887,068.88. The trade was a 36.83% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Deborah L. Stahlkopf sold 164,584 shares of the stock in a transaction that occurred 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 directly owned 196,738 shares of the company’s stock, valued at $15,316,053.30. The trade was a 45.55% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 1,044,865 shares of company stock worth $81,397,635. 0.01% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several equities analysts have commented on CSCO shares. Erste Group Bank raised Cisco Systems from a “hold” rating to a “buy” rating in a research report on Monday, November 10th. Piper Sandler boosted their target price on shares of Cisco Systems from $70.00 to $86.00 and gave the company a “neutral” rating in a research note on Thursday, November 13th. Citic Securities raised their price target on shares of Cisco Systems from $75.00 to $90.00 in a research note on Monday, November 17th. Wells Fargo & Company lifted their price objective on shares of Cisco Systems from $83.00 to $95.00 and gave the company an “overweight” rating in a report on Thursday, November 13th. Finally, Evercore ISI upped their target price on shares of Cisco Systems from $74.00 to $80.00 and gave the stock an “in-line” rating in a research note on Thursday, November 13th. Fifteen investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $85.86.

Cisco Systems Stock Up 0.9%

Shares of NASDAQ CSCO opened at $74.33 on Friday. Cisco Systems, Inc. has a 12-month low of $52.11 and a 12-month high of $80.82. The stock’s fifty day simple moving average is $76.69 and its two-hundred day simple moving average is $71.70. The stock has a market capitalization of $293.68 billion, a PE ratio of 27.94, a price-to-earnings-growth ratio of 2.79 and a beta of 0.87. The company has a current ratio of 0.93, a quick ratio of 0.83 and a debt-to-equity ratio of 0.46.

Cisco Systems (NASDAQ:CSCO) last released its quarterly earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 EPS for the quarter, topping the consensus estimate of $0.98 by $0.02. Cisco Systems had a return on equity of 27.29% and a net margin of 18.38%.The firm had revenue of $14.88 billion during the quarter, compared to analyst estimates of $14.77 billion. During the same period in the previous year, the company posted $0.91 EPS. The business’s revenue for the quarter was up 7.5% compared to the same quarter last year. 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, analysts expect that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.

Cisco Systems Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 21st. Stockholders of record on Friday, January 2nd were issued a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date was Friday, January 2nd. Cisco Systems’s dividend payout ratio (DPR) is currently 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.