Pinnbrook Capital Management LP Takes $4.08 Million Position in Cisco Systems, Inc. $CSCO

Pinnbrook Capital Management LP bought a new stake in Cisco Systems, Inc. (NASDAQ:CSCO) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 58,766 shares of the network equipment provider’s stock, valued at approximately $4,077,000.

Other hedge funds have also made changes to their positions in the company. Brighton Jones LLC boosted its stake in Cisco Systems by 49.5% during the 4th quarter. Brighton Jones LLC now owns 74,187 shares of the network equipment provider’s stock valued at $4,392,000 after acquiring an additional 24,562 shares during the last quarter. Revolve Wealth Partners LLC boosted its position in 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. Massachusetts Financial Services Co. MA increased its stake in shares of Cisco Systems by 13.9% during the first quarter. Massachusetts Financial Services Co. MA now owns 501,153 shares of the network equipment provider’s stock valued at $30,926,000 after acquiring an additional 60,984 shares during the period. Transce3nd LLC lifted its holdings in shares of Cisco Systems by 103.1% in the first quarter. Transce3nd LLC now owns 3,300 shares of the network equipment provider’s stock valued at $204,000 after buying an additional 1,675 shares during the period. Finally, Gradient Capital Advisors LLC boosted its holdings in Cisco Systems by 2.5% during the first quarter. Gradient Capital Advisors LLC now owns 17,643 shares of the network equipment provider’s stock worth $1,089,000 after buying an additional 427 shares in the last quarter. Hedge funds and other institutional investors own 73.33% of the company’s stock.

Insiders Place Their Bets

In related news, EVP Deborah L. Stahlkopf sold 2,718 shares of Cisco Systems stock in a transaction that occurred on Thursday, September 11th. The shares were sold at an average price of $68.08, for a total transaction of $185,041.44. Following the sale, the executive vice president directly owned 157,184 shares in the company, valued at $10,701,086.72. This trade represents a 1.70% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 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 transaction of $1,190,891.70. Following the sale, 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. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 33,089 shares of company stock worth $2,236,383. 0.01% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several brokerages have commented on CSCO. KeyCorp raised their target price on shares of Cisco Systems from $77.00 to $87.00 and gave the stock an “overweight” rating in a report on Thursday. Erste Group Bank raised shares of Cisco Systems from a “hold” rating to a “buy” rating in a research report on Monday, November 10th. UBS Group boosted their price objective on Cisco Systems from $88.00 to $90.00 and gave the stock a “buy” rating in a research report on Thursday. William Blair raised Cisco Systems to a “hold” rating in a research report on Thursday, August 14th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Cisco Systems in a research report on Thursday, October 30th. Sixteen equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $83.75.

Cisco Systems Price Performance

NASDAQ CSCO opened at $78.00 on Friday. The company has a quick ratio of 0.91, a current ratio of 1.00 and a debt-to-equity ratio of 0.49. Cisco Systems, Inc. has a 12-month low of $52.11 and a 12-month high of $79.50. The firm’s 50 day moving average is $69.87 and its 200-day moving average is $67.42. The company has a market capitalization of $307.38 billion, a PE ratio of 29.77, a price-to-earnings-growth ratio of 3.00 and a beta of 0.95.

Cisco Systems (NASDAQ:CSCO) last released its quarterly earnings data on Wednesday, November 12th. The network equipment provider reported $1.00 EPS for the quarter, beating the consensus estimate of $0.98 by $0.02. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The company had revenue of $14.88 billion during the quarter, compared to the consensus estimate of $14.77 billion. During the same quarter in the prior year, the firm posted $0.91 EPS. The firm’s revenue for the quarter was up 7.5% compared to the same quarter last year. Cisco Systems has set its FY 2026 guidance at 4.080-4.140 EPS. Q2 2026 guidance at 1.010-1.030 EPS. Equities research analysts anticipate that Cisco Systems, Inc. will post 3.04 earnings per share for the current fiscal year.

Cisco Systems Dividend Announcement

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