Baird Financial Group Inc. Has $202.32 Million Position in Cisco Systems, Inc. $CSCO

Baird Financial Group Inc. lessened its stake in Cisco Systems, Inc. (NASDAQ:CSCO) by 9.8% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 2,916,044 shares of the network equipment provider’s stock after selling 315,073 shares during the period. Baird Financial Group Inc.’s holdings in Cisco Systems were worth $202,315,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC boosted its stake in Cisco Systems by 49.5% during the fourth quarter. Brighton Jones LLC now owns 74,187 shares of the network equipment provider’s stock worth $4,392,000 after buying an additional 24,562 shares in the last quarter. Revolve Wealth Partners LLC lifted its holdings in shares of 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 worth $542,000 after acquiring an additional 2,474 shares during the period. Atria Wealth Solutions Inc. boosted its position in shares of Cisco Systems by 7.3% during the 1st quarter. Atria Wealth Solutions Inc. now owns 191,377 shares of the network equipment provider’s stock valued at $11,810,000 after acquiring an additional 13,004 shares in the last quarter. Wealthspire Advisors LLC increased its stake in Cisco Systems by 1.3% in the first quarter. Wealthspire Advisors LLC now owns 63,656 shares of the network equipment provider’s stock valued at $3,928,000 after acquiring an additional 814 shares during the period. Finally, Endowment Wealth Management Inc. acquired a new position in Cisco Systems in the first quarter worth about $207,000. 73.33% of the stock is currently owned by institutional investors.

Cisco Systems Price Performance

Shares of CSCO stock opened at $77.75 on Thursday. Cisco Systems, Inc. has a 52 week low of $52.11 and a 52 week high of $80.06. The stock has a market capitalization of $307.20 billion, a PE ratio of 29.23, a PEG ratio of 2.88 and a beta of 0.87. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.83 and a current ratio of 0.93. The stock’s fifty day moving average is $72.26 and its 200-day moving average is $68.98.

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

Cisco Systems Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 21st. Stockholders of record on Friday, January 2nd will be paid a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend is Friday, January 2nd. Cisco Systems’s dividend payout ratio is 61.65%.

Insider Transactions at Cisco Systems

In other news, EVP Thimaya K. Subaiya sold 56,038 shares of the business’s stock in a transaction on Wednesday, November 19th. The stock was sold at an average price of $78.33, for a total transaction of $4,389,456.54. Following the completion of the sale, the executive vice president owned 179,780 shares in the company, valued at $14,082,167.40. The trade was a 23.76% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Oliver Tuszik sold 17,526 shares of the company’s stock in a transaction on Friday, September 19th. The shares were sold at an average price of $67.95, for a total value of $1,190,891.70. Following the transaction, the executive vice president directly owned 198,855 shares in the company, valued at $13,512,197.25. This trade represents a 8.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,024,627 shares of company stock worth $79,621,482 over the last ninety days. 0.01% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on CSCO shares. Erste Group Bank raised Cisco Systems from a “hold” rating to a “buy” rating in a report on Monday, November 10th. CICC Research boosted their price target on Cisco Systems from $78.00 to $84.00 and gave the company an “outperform” rating in a research note on Friday, November 14th. JPMorgan Chase & Co. increased their price objective on Cisco Systems from $80.00 to $90.00 and gave the stock an “overweight” rating in a research note on Thursday, November 13th. Bank of America lifted their price objective on Cisco Systems from $85.00 to $95.00 and gave the company a “buy” rating in a report on Thursday, November 13th. Finally, Morgan Stanley upped their target price on shares of Cisco Systems from $77.00 to $82.00 and gave the stock an “overweight” rating in a report on Thursday, November 13th. Seventeen investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $84.14.

About Cisco Systems

Cisco Systems, Inc designs, manufactures, and sells Internet Protocol based networking and other products related to the communications and information technology industry in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and China. The company also offers switching portfolio encompasses campus switching as well as data center switching; enterprise routing portfolio interconnects public and private wireline and mobile networks, delivering highly secure, and reliable connectivity to campus, data center and branch networks; wireless products include wireless access points and controllers; and compute portfolio including the cisco unified computing system, hyperflex, and software management capabilities, which combine computing, networking, and storage infrastructure management and virtualization.