MONECO Advisors LLC Trims Stock Holdings in Cisco Systems, Inc. $CSCO

MONECO Advisors LLC reduced its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 74.9% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 14,612 shares of the network equipment provider’s stock after selling 43,501 shares during the quarter. MONECO Advisors LLC’s holdings in Cisco Systems were worth $1,000,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of the business. Bare Financial Services Inc boosted its stake in Cisco Systems by 531.0% in the 2nd quarter. Bare Financial Services Inc now owns 366 shares of the network equipment provider’s stock worth $25,000 after purchasing an additional 308 shares during the period. Marquette Asset Management LLC purchased a new stake in shares of Cisco Systems in the third quarter worth about $25,000. Financial Connections Group Inc. boosted its position in shares of Cisco Systems by 89.4% in the second quarter. Financial Connections Group Inc. now owns 409 shares of the network equipment provider’s stock valued at $28,000 after acquiring an additional 193 shares during the period. Legacy Investment Solutions LLC purchased a new position in Cisco Systems during the second quarter valued at approximately $28,000. Finally, Lowe Wealth Advisors LLC increased its holdings in Cisco Systems by 96.2% during the 3rd quarter. Lowe Wealth Advisors LLC now owns 408 shares of the network equipment provider’s stock worth $28,000 after acquiring an additional 200 shares during the period. 73.33% of the stock is currently owned by hedge funds and other institutional investors.

Cisco Systems Price Performance

CSCO opened at $84.78 on Friday. 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 stock has a market capitalization of $334.97 billion, a P/E ratio of 31.87, a PEG ratio of 3.12 and a beta of 0.87. The stock has a 50-day moving average price of $77.35 and a 200-day moving average price of $72.59. Cisco Systems, Inc. has a 12-month low of $52.11 and a 12-month high of $85.00.

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

Cisco Systems Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 21st. Investors of record on Friday, January 2nd were issued 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 1.9%. Cisco Systems’s dividend payout ratio (DPR) is currently 61.65%.

Insider Buying and Selling

In other news, insider Jeetendra I. Patel sold 163,896 shares of the business’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 completion of the sale, the insider owned 281,108 shares of the company’s stock, valued at approximately $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 accessible through this link. Also, Director Michael D. Capellas sold 16,150 shares of the stock in a transaction dated Thursday, December 18th. The shares were sold at an average price of $77.28, for a total value of $1,248,072.00. Following the sale, the director owned 157,218 shares of the company’s stock, valued at $12,149,807.04. This represents a 9.32% 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 worth $81,397,635 over the last 90 days. Insiders own 0.01% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have commented on the stock. Zacks Research raised shares of Cisco Systems from a “hold” rating to a “strong-buy” rating in a report on Monday, January 26th. KeyCorp lifted their price objective on Cisco Systems from $77.00 to $87.00 and gave the company an “overweight” rating in a research note on Thursday, November 13th. Wall Street Zen lowered Cisco Systems from a “buy” rating to a “hold” rating in a research note on Saturday, November 22nd. Citic Securities raised their price target on Cisco Systems from $75.00 to $90.00 in a report on Monday, November 17th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Cisco Systems in a report on Tuesday, January 27th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $90.38.

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.