TruWealth Advisors LLC Boosts Stock Position in Cisco Systems, Inc. $CSCO

TruWealth Advisors LLC boosted its position in Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 3.1% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 368,811 shares of the network equipment provider's stock after purchasing an additional 10,951 shares during the quarter. Cisco Systems makes up approximately 1.4% of TruWealth Advisors LLC's investment portfolio, making the stock its 22nd largest holding. TruWealth Advisors LLC's holdings in Cisco Systems were worth $25,588,000 at the end of the most recent reporting period.

• MarketBeat Week in Review – 08/25 - 08/29

Other institutional investors have also modified their holdings of the company. RDA Financial Network grew its position in shares of Cisco Systems by 339.2% in the 2nd quarter. RDA Financial Network now owns 28,288 shares of the network equipment provider's stock worth $1,963,000 after buying an additional 21,847 shares during the last quarter. Garde Capital Inc. boosted its stake in Cisco Systems by 30.1% in the second quarter. Garde Capital Inc. now owns 2,789 shares of the network equipment provider's stock valued at $194,000 after acquiring an additional 646 shares in the last quarter. McLean Asset Management Corp boosted its stake in Cisco Systems by 4.9% in the second quarter. McLean Asset Management Corp now owns 5,968 shares of the network equipment provider's stock valued at $409,000 after acquiring an additional 277 shares in the last quarter. City Center Advisors LLC grew its holdings in Cisco Systems by 90.5% in the second quarter. City Center Advisors LLC now owns 6,923 shares of the network equipment provider's stock worth $480,000 after purchasing an additional 3,288 shares during the last quarter. Finally, HBW Advisory Services LLC increased its position in shares of Cisco Systems by 8.3% during the second quarter. HBW Advisory Services LLC now owns 7,566 shares of the network equipment provider's stock worth $525,000 after purchasing an additional 577 shares in the last quarter. 73.33% of the stock is currently owned by institutional investors.

Cisco Systems Stock Down 1.7%

CSCO stock opened at $66.53 on Friday. The firm's fifty day moving average is $68.24 and its 200 day moving average is $64.00. The firm has a market cap of $263.01 billion, a PE ratio of 25.39, a P/E/G ratio of 2.84 and a beta of 0.99. Cisco Systems, Inc. has a one year low of $49.67 and a one year high of $72.55. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.91 and a current ratio of 1.00.

• How Cisco Is Building a New Growth Story for Investors

Cisco Systems (NASDAQ:CSCO - Get Free Report) last posted its earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.98 by $0.01. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. The business had revenue of $14.67 billion for the quarter, compared to analyst estimates of $14.63 billion. During the same period in the prior year, the company posted $0.87 EPS. The company's revenue for the quarter was up 7.6% on a year-over-year basis. Cisco Systems has set its Q1 2026 guidance at 0.970-0.990 EPS. FY 2026 guidance at 4.000-4.060 EPS. On average, research analysts forecast that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 22nd. Shareholders of record on Friday, October 3rd will be given a dividend of $0.41 per share. The ex-dividend date is Friday, October 3rd. This represents a $1.64 dividend on an annualized basis and a yield of 2.5%. Cisco Systems's dividend payout ratio is currently 62.60%.

Analysts Set New Price Targets

• MarketBeat Week in Review – 08/11 - 08/15

Several research analysts recently weighed in on CSCO shares. UBS Group boosted their target price on Cisco Systems from $70.00 to $74.00 and gave the stock a "neutral" rating in a research note on Tuesday, August 5th. Evercore ISI boosted their price target on Cisco Systems from $72.00 to $74.00 and gave the stock an "in-line" rating in a research note on Thursday, August 14th. Wall Street Zen lowered shares of Cisco Systems from a "strong-buy" rating to a "buy" rating in a research report on Saturday, July 12th. Hsbc Global Res cut shares of Cisco Systems from a "strong-buy" rating to a "hold" rating in a research note on Friday, August 15th. Finally, CICC Research began coverage on Cisco Systems in a report on Monday, July 14th. They issued an "outperform" rating and a $78.00 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and ten have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $74.53.

Read Our Latest Research Report on Cisco Systems

Insider Buying and Selling at Cisco Systems

In related news, CFO Richard Scott Herren sold 15,678 shares of the company's stock in a transaction dated Tuesday, June 17th. The shares were sold at an average price of $65.52, for a total transaction of $1,027,222.56. Following the completion of the transaction, the chief financial officer owned 309,543 shares in the company, valued at $20,281,257.36. This represents a 4.82% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Charles Robbins sold 30,557 shares of Cisco Systems stock in a transaction dated Friday, August 15th. The stock was sold at an average price of $66.63, for a total value of $2,036,012.91. Following the completion of the sale, the chief executive officer owned 639,000 shares in the company, valued at approximately $42,576,570. The trade was a 4.56% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 88,099 shares of company stock valued at $5,851,765. Insiders own 0.01% of the company's stock.

Cisco Systems Company Profile

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.

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