Searle & CO. Buys 8,463 Shares of Cisco Systems, Inc. $CSCO

Searle & CO. raised its position in Cisco Systems, Inc. (NASDAQ:CSCO) by 14.9% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 65,423 shares of the network equipment provider’s stock after purchasing an additional 8,463 shares during the period. Cisco Systems makes up about 1.2% of Searle & CO.’s investment portfolio, making the stock its 24th biggest holding. Searle & CO.’s holdings in Cisco Systems were worth $4,476,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. McKinley Carter Wealth Services Inc. lifted its holdings in Cisco Systems by 5.0% during the third quarter. McKinley Carter Wealth Services Inc. now owns 7,740 shares of the network equipment provider’s stock worth $530,000 after acquiring an additional 370 shares in the last quarter. Winnow Wealth LLC raised its position in shares of Cisco Systems by 305.5% during the third quarter. Winnow Wealth LLC now owns 2,713 shares of the network equipment provider’s stock worth $187,000 after purchasing an additional 2,044 shares during the period. Bryn Mawr Trust Advisors LLC lifted its holdings in shares of Cisco Systems by 3.0% during the 3rd quarter. Bryn Mawr Trust Advisors LLC now owns 410,253 shares of the network equipment provider’s stock valued at $28,070,000 after purchasing an additional 12,123 shares in the last quarter. Cornerstone Wealth Management LLC grew its position in shares of Cisco Systems by 5.2% in the 3rd quarter. Cornerstone Wealth Management LLC now owns 45,578 shares of the network equipment provider’s stock valued at $3,118,000 after purchasing an additional 2,271 shares during the period. Finally, AlphaQuest LLC increased its stake in Cisco Systems by 223.7% during the 3rd quarter. AlphaQuest LLC now owns 24,339 shares of the network equipment provider’s stock worth $1,665,000 after purchasing an additional 16,819 shares in the last quarter. 73.33% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on CSCO. Evercore ISI raised shares of Cisco Systems from an “in-line” rating to an “outperform” rating and upped their target price for the stock from $80.00 to $100.00 in a research note on Monday, January 26th. BNP Paribas Exane upped their price objective on Cisco Systems from $76.00 to $86.00 and gave the stock an “outperform” rating in a research report on Thursday, November 13th. Bank of America lifted their target price on Cisco Systems from $85.00 to $95.00 and gave the company a “buy” rating in a research report on Thursday, November 13th. Rosenblatt Securities boosted their target price on Cisco Systems from $87.00 to $100.00 and gave the company a “buy” rating in a research note on Thursday, November 13th. Finally, 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. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat, Cisco Systems currently has a consensus rating of “Moderate Buy” and a consensus price target of $86.81.

Cisco Systems Stock Performance

CSCO opened at $78.32 on Friday. 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 business has a fifty day simple moving average of $76.75 and a 200 day simple moving average of $72.08. Cisco Systems, Inc. has a 1 year low of $52.11 and a 1 year high of $80.82. The company has a market capitalization of $309.45 billion, a PE ratio of 29.44, a price-to-earnings-growth ratio of 2.97 and a beta of 0.87.

Cisco Systems (NASDAQ:CSCO) last announced 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. Cisco Systems had a net margin of 18.38% and a return on equity of 27.29%. The company had revenue of $14.88 billion during the quarter, compared to analysts’ expectations of $14.77 billion. During the same quarter in the previous year, the business posted $0.91 earnings per share. Cisco Systems’s quarterly revenue 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. Research analysts expect that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 21st. Shareholders of record on Friday, January 2nd were issued a $0.41 dividend. The ex-dividend date of this dividend was Friday, January 2nd. This represents a $1.64 annualized dividend and a yield of 2.1%. Cisco Systems’s payout ratio is currently 61.65%.

Insider Activity at Cisco Systems

In other Cisco Systems news, Director Michael D. Capellas sold 10,850 shares of the 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 in the company, valued at $11,289,363.84. This represents a 6.90% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Charles Robbins sold 116,734 shares of the company’s stock in a transaction that occurred on Tuesday, November 18th. The stock was sold at an average price of $77.30, for a total transaction of $9,023,538.20. Following the sale, the chief executive officer directly owned 704,153 shares of the company’s stock, valued at approximately $54,431,026.90. This trade represents a 14.22% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 1,044,865 shares of company stock worth $81,397,635 in the last quarter. 0.01% of the stock is currently owned by corporate insiders.

Cisco Systems Company Profile

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.