XML Financial LLC Decreases Stock Position in Cisco Systems, Inc. $CSCO

XML Financial LLC trimmed its position in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 4.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 121,978 shares of the network equipment provider’s stock after selling 5,819 shares during the period. Cisco Systems makes up 1.0% of XML Financial LLC’s portfolio, making the stock its 21st biggest position. XML Financial LLC’s holdings in Cisco Systems were worth $14,328,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in CSCO. MidAtlantic Capital Management Inc. purchased a new position in Cisco Systems in the 4th quarter valued at about $25,000. Intesa Sanpaolo Wealth Management purchased a new stake in shares of Cisco Systems during the fourth quarter worth about $25,000. Networth Advisors LLC lifted its stake in shares of Cisco Systems by 276.4% in the first quarter. Networth Advisors LLC now owns 335 shares of the network equipment provider’s stock worth $26,000 after acquiring an additional 246 shares in the last quarter. Financial Life Planners acquired a new position in shares of Cisco Systems in the first quarter worth about $27,000. Finally, Manning & Napier Advisors LLC boosted its holdings in Cisco Systems by 137.0% in the first quarter. Manning & Napier Advisors LLC now owns 346 shares of the network equipment provider’s stock valued at $27,000 after purchasing an additional 200 shares during the last quarter. Hedge funds and other institutional investors own 73.33% of the company’s stock.

Wall Street Analyst Weigh In

CSCO has been the subject of a number of recent analyst reports. Rosenblatt Securities raised their price objective on Cisco Systems from $150.00 to $165.00 and gave the company a “buy” rating in a research note on Thursday, August 13th. Morgan Stanley increased their target price on Cisco Systems from $130.00 to $135.00 and gave the company an “overweight” rating in a research note on Thursday, August 13th. Citic Securities raised their price target on shares of Cisco Systems from $90.00 to $130.00 in a research report on Friday, May 15th. Bank of America lifted their price target on shares of Cisco Systems from $135.00 to $150.00 and gave the stock a “buy” rating in a research note on Monday, June 8th. Finally, The Goldman Sachs Group upped their price target on shares of Cisco Systems from $116.00 to $125.00 and gave the company a “neutral” rating in a report on Wednesday, June 3rd. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat.com, Cisco Systems presently has an average rating of “Moderate Buy” and an average target price of $129.68.

Insider Transactions at Cisco Systems

In other news, EVP Thimaya K. Subaiya sold 7,127 shares of Cisco Systems stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $119.91, for a total value of $854,598.57. Following the completion of the transaction, the executive vice president directly owned 140,857 shares of the company’s stock, valued at approximately $16,890,162.87. The trade was a 4.82% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Deborah L. Stahlkopf sold 6,487 shares of the stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $111.53, for a total transaction of $723,495.11. Following the sale, the executive vice president owned 167,116 shares in the company, valued at approximately $18,638,447.48. This trade represents a 3.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 53,611 shares of company stock valued at $6,066,680 over the last quarter. Insiders own 0.01% of the company’s stock.

Cisco Systems Trading Down 0.7%

Shares of NASDAQ CSCO opened at $109.74 on Wednesday. The stock’s 50 day moving average price is $114.76 and its two-hundred day moving average price is $101.68. Cisco Systems, Inc. has a 52-week low of $66.13 and a 52-week high of $130.37. The stock has a market capitalization of $432.53 billion, a P/E ratio of 32.86, a PEG ratio of 2.32 and a beta of 1.00. The company has a quick ratio of 0.79, a current ratio of 0.93 and a debt-to-equity ratio of 0.39.

Cisco Systems (NASDAQ:CSCO) last issued its earnings results on Wednesday, August 12th. The network equipment provider reported $1.22 EPS for the quarter, topping the consensus estimate of $1.17 by $0.05. Cisco Systems had a return on equity of 30.16% and a net margin of 20.95%.The company had revenue of $17.25 billion during the quarter, compared to analyst estimates of $16.84 billion. During the same quarter last year, the firm earned $0.99 EPS. The business’s revenue was up 17.6% on a year-over-year basis. Cisco Systems has set its FY 2027 guidance at 5.050-5.110 EPS and its Q1 2027 guidance at 1.320-1.340 EPS. On average, analysts anticipate that Cisco Systems, Inc. will post 4.44 earnings per share for the current fiscal year.

Cisco Systems Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 21st. Shareholders of record on Friday, October 2nd will be issued a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend is Friday, October 2nd. Cisco Systems’s payout ratio is currently 50.30%.

More Cisco Systems News

Here are the key news stories impacting Cisco Systems this week:

• Positive Sentiment: Deutsche Bank initiated coverage of Cisco Systems with a “Buy” rating and a $135 price target, implying substantial upside from the referenced share price. The endorsement supports the bullish case for Cisco’s networking and AI growth prospects. Tuesday Wall Street analyst research calls
• Positive Sentiment: Cisco, AMD and HUMAIN said AI infrastructure using AMD Instinct MI355X systems and Cisco Silicon One networking is now live in Saudi Arabia. The partners plan additional deployments of up to 250 megawatts beginning in 2027, with a broader ambition of as much as 1 gigawatt by 2030. The projects provide potential long-term demand for Cisco’s AI networking products. AMD, Cisco and HUMAIN expand Saudi Arabia AI infrastructure
• Positive Sentiment: Analyst commentary also highlighted an earlier-than-expected enterprise technology refresh as a potential “second engine” for growth, complementing Cisco’s AI networking opportunity. Cisco’s second growth engine
• Neutral Sentiment: Cisco will meet investors at several September technology and financial conferences. These events could provide updates on enterprise demand, AI networking, margins and guidance, but no new financial outlook was announced. Cisco September investor events
• Negative Sentiment: Cisco disclosed that the China-linked “Fire Ant” group has targeted Cisco IOS XR routers and obtained persistent access to high-value network infrastructure. The espionage campaign raises concerns about customer network security, potential remediation costs and reputational damage to Cisco’s core routing business. Fire Ant router espionage and Cisco investors

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.