Howard Capital Management Inc. Grows Position in Cisco Systems, Inc. $CSCO

Howard Capital Management Inc. boosted its position in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 11.9% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 132,683 shares of the network equipment provider’s stock after acquiring an additional 14,147 shares during the period. Howard Capital Management Inc.’s holdings in Cisco Systems were worth $9,078,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Benchmark Financial Wealth Advisors LLC increased its position in shares of Cisco Systems by 1.4% during the third 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 in the last quarter. Yoder Wealth Management Inc. raised its position in shares of Cisco Systems by 3.8% during the 3rd 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. Mount Vernon Associates Inc. MD grew its position in 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 acquiring an additional 150 shares during the period. Wynn Capital LLC increased its stake in Cisco Systems by 0.3% during the third 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. Finally, Old North State Trust LLC raised its position in Cisco Systems by 0.6% in the second quarter. Old North State Trust LLC now owns 24,534 shares of the network equipment provider’s stock valued at $1,702,000 after purchasing an additional 151 shares during the period. 73.33% of the stock is currently owned by hedge funds and other institutional investors.

Cisco Systems Stock Performance

NASDAQ CSCO opened at $78.32 on Friday. The company has a quick ratio of 0.83, a current ratio of 0.93 and a debt-to-equity ratio of 0.46. Cisco Systems, Inc. has a 52-week low of $52.11 and a 52-week high of $80.82. The business’s 50-day moving average price is $76.75 and its 200 day moving average price is $72.08. The firm has a market cap of $309.45 billion, a P/E ratio of 29.44, a P/E/G ratio of 2.97 and a beta of 0.87.

Cisco Systems (NASDAQ:CSCO) last issued its quarterly earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 earnings per share 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 the consensus estimate of $14.77 billion. During the same period last year, the company earned $0.91 earnings per share. The company’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. On average, equities research analysts expect that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.

Cisco Systems Announces Dividend

The business also recently disclosed 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 dividend on an annualized basis and a yield of 2.1%. Cisco Systems’s payout ratio is currently 61.65%.

Insider Activity at Cisco Systems

In other news, EVP Thimaya K. Subaiya sold 56,038 shares of Cisco Systems stock in a transaction that occurred on Wednesday, November 19th. The shares were 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 directly owned 179,780 shares in the company, valued at approximately $14,082,167.40. This trade represents a 23.76% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Michael D. Capellas sold 16,150 shares of Cisco Systems stock in a transaction on Thursday, December 18th. The stock was sold at an average price of $77.28, for a total value of $1,248,072.00. Following the transaction, the director directly owned 157,218 shares of the company’s stock, valued at approximately $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 sold a total of 1,044,865 shares of company stock valued at $81,397,635 in the last ninety days. Company insiders own 0.01% of the company’s stock.

Analysts Set New Price Targets

CSCO has been the topic of a number of recent analyst reports. Citigroup upped their target price on shares of Cisco Systems from $80.00 to $85.00 and gave the company a “buy” rating in a research report on Thursday, November 13th. Wall Street Zen cut Cisco Systems from a “buy” rating to a “hold” rating in a research note on Saturday, November 22nd. President Capital lowered their price objective on shares of Cisco Systems from $90.00 to $88.00 in a research note on Wednesday, December 24th. KeyCorp increased 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. Finally, Barclays lifted their price target on shares of Cisco Systems from $71.00 to $76.00 and gave the stock an “equal weight” rating in a research note on Thursday, November 13th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $86.81.

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.