Berman McAleer LLC Purchases Shares of 12,197 Cisco Systems, Inc. $CSCO

Berman McAleer LLC acquired a new stake in shares of Cisco Systems, Inc. (NASDAQ:CSCOFree Report) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 12,197 shares of the network equipment provider’s stock, valued at approximately $835,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of CSCO. Brighton Jones LLC grew its holdings in shares of Cisco Systems by 49.5% in the fourth quarter. Brighton Jones LLC now owns 74,187 shares of the network equipment provider’s stock worth $4,392,000 after purchasing an additional 24,562 shares during the last quarter. Revolve Wealth Partners LLC raised its holdings in Cisco Systems by 37.0% during the 4th quarter. Revolve Wealth Partners LLC now owns 9,156 shares of the network equipment provider’s stock valued at $542,000 after buying an additional 2,474 shares during the last quarter. Sivia Capital Partners LLC grew its holdings in Cisco Systems by 7.5% in the 2nd quarter. Sivia Capital Partners LLC now owns 10,178 shares of the network equipment provider’s stock worth $706,000 after acquiring an additional 712 shares during the last quarter. Pure Financial Advisors LLC increased its position in shares of Cisco Systems by 48.4% in the second quarter. Pure Financial Advisors LLC now owns 25,181 shares of the network equipment provider’s stock valued at $1,747,000 after acquiring an additional 8,212 shares during the period. Finally, J. Safra Sarasin Holding AG raised its stake in shares of Cisco Systems by 116.5% during the second quarter. J. Safra Sarasin Holding AG now owns 50,402 shares of the network equipment provider’s stock valued at $3,497,000 after acquiring an additional 27,124 shares during the last quarter. Institutional investors own 73.33% of the company’s stock.

Insider Transactions at Cisco Systems

In other Cisco Systems news, EVP Thimaya K. Subaiya sold 1,745 shares of the business’s stock in a transaction on Friday, December 12th. The shares were sold at an average price of $79.46, for a total transaction of $138,657.70. Following the completion of the sale, the executive vice president directly owned 176,319 shares in the company, valued at approximately $14,010,307.74. The trade was a 0.98% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Michael D. Capellas sold 10,850 shares of the company’s stock in a transaction dated Friday, December 19th. The shares were sold at an average price of $77.13, for a total transaction of $836,860.50. Following the sale, the director directly owned 146,368 shares of the company’s stock, valued at $11,289,363.84. The trade was a 6.90% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 1,044,865 shares of company stock valued at $81,397,635. Company insiders own 0.01% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently issued reports on CSCO shares. Zacks Research upgraded Cisco Systems from a “hold” rating to a “strong-buy” rating in a report on Monday, January 26th. Wells Fargo & Company lifted their price objective on Cisco Systems from $83.00 to $95.00 and gave the stock an “overweight” rating in a research report on Thursday, November 13th. HSBC upped their target price on Cisco Systems from $69.00 to $74.00 and gave the company a “hold” rating in a report on Friday, November 14th. JPMorgan Chase & Co. raised their price target on Cisco Systems from $80.00 to $90.00 and gave the stock an “overweight” rating in a research note on Thursday, November 13th. Finally, KeyCorp boosted their price objective on shares of Cisco Systems from $77.00 to $87.00 and gave the company an “overweight” rating in a research report on Thursday, November 13th. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $86.81.

Get Our Latest Analysis on Cisco Systems

Cisco Systems Trading Down 0.1%

Shares of NASDAQ CSCO opened at $78.32 on Friday. Cisco Systems, Inc. has a 1 year low of $52.11 and a 1 year high of $80.82. 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 firm has a 50-day moving average of $76.75 and a 200 day moving average of $72.08. The stock has a market cap of $309.45 billion, a P/E ratio of 29.44, a price-to-earnings-growth ratio of 2.97 and a beta of 0.87.

Cisco Systems (NASDAQ:CSCOGet Free Report) last announced its earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 earnings per share for the quarter, beating analysts’ consensus estimates of $0.98 by $0.02. Cisco Systems had a net margin of 18.38% and a return on equity of 27.29%. The business had revenue of $14.88 billion during the quarter, compared to the consensus estimate of $14.77 billion. During the same quarter last year, the firm earned $0.91 earnings per share. The business’s revenue for the quarter was up 7.5% on a year-over-year basis. 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, sell-side analysts expect that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.

Cisco Systems Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 21st. Investors of record on Friday, January 2nd were given a dividend of $0.41 per share. The ex-dividend date of this dividend was Friday, January 2nd. This represents a $1.64 annualized dividend and a dividend yield of 2.1%. Cisco Systems’s dividend payout ratio (DPR) is 61.65%.

Cisco Systems Company Profile

(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.

See Also

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

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