Baker Boyer National Bank Makes New $218,000 Investment in Cisco Systems, Inc. $CSCO

Baker Boyer National Bank bought a new position in shares of Cisco Systems, Inc. (NASDAQ:CSCO) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 3,146 shares of the network equipment provider’s stock, valued at approximately $218,000.

Other large investors also recently bought and sold shares of the company. Financial Connections Group Inc. grew its position in Cisco Systems by 89.4% during the 2nd quarter. Financial Connections Group Inc. now owns 409 shares of the network equipment provider’s stock worth $28,000 after purchasing an additional 193 shares during the last quarter. Brown Shipley& Co Ltd purchased a new stake in shares of Cisco Systems in the 2nd quarter valued at $32,000. Pandora Wealth Inc. purchased a new stake in shares of Cisco Systems in the 1st quarter valued at $31,000. Nova Wealth Management Inc. purchased a new stake in shares of Cisco Systems in the 1st quarter valued at $31,000. Finally, Fairway Wealth LLC boosted its holdings in shares of Cisco Systems by 224.7% in the 1st quarter. Fairway Wealth LLC now owns 578 shares of the network equipment provider’s stock valued at $36,000 after acquiring an additional 400 shares during the last quarter. Hedge funds and other institutional investors own 73.33% of the company’s stock.

Insiders Place Their Bets

In other news, SVP Maria Victoria Wong sold 428 shares of the stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $68.25, for a total value of $29,211.00. Following the completion of the sale, the senior vice president directly owned 30,619 shares in the company, valued at $2,089,746.75. This represents a 1.38% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Deborah L. Stahlkopf sold 2,718 shares of the firm’s stock in a transaction dated Thursday, September 11th. The stock was sold at an average price of $68.08, for a total transaction of $185,041.44. Following the sale, the executive vice president owned 157,184 shares of the company’s stock, valued at approximately $10,701,086.72. The trade was a 1.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 82,965 shares of company stock valued at $5,559,996. Corporate insiders own 0.01% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently commented on CSCO shares. Morgan Stanley upped their price objective on shares of Cisco Systems from $73.00 to $77.00 and gave the company an “overweight” rating in a report on Friday. Wall Street Zen downgraded shares of Cisco Systems from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 12th. HSBC reissued a “hold” rating and set a $69.00 price target on shares of Cisco Systems in a report on Friday, August 15th. Hsbc Global Res downgraded shares of Cisco Systems from a “strong-buy” rating to a “hold” rating in a report on Friday, August 15th. Finally, KeyCorp started coverage on shares of Cisco Systems in a report on Thursday, June 26th. They set an “overweight” rating and a $77.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat.com, Cisco Systems currently has a consensus rating of “Moderate Buy” and a consensus target price of $74.72.

Cisco Systems Stock Performance

NASDAQ:CSCO opened at $67.46 on Tuesday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.91 and a current ratio of 1.00. The company has a fifty day moving average of $68.22 and a two-hundred day moving average of $64.95. The stock has a market capitalization of $266.68 billion, a PE ratio of 25.75, a P/E/G ratio of 2.86 and a beta of 0.97. Cisco Systems, Inc. has a fifty-two week low of $52.11 and a fifty-two week high of $72.55.

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

Cisco Systems Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 22nd. Stockholders of record on Friday, October 3rd will be given a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Friday, October 3rd. Cisco Systems’s dividend payout ratio is 62.60%.

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.