Cisco Systems, Inc. $CSCO Position Trimmed by Brevan Howard Capital Management LP

Brevan Howard Capital Management LP reduced its holdings in Cisco Systems, Inc. (NASDAQ:CSCO) by 18.2% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 187,202 shares of the network equipment provider’s stock after selling 41,791 shares during the quarter. Brevan Howard Capital Management LP’s holdings in Cisco Systems were worth $12,988,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of CSCO. CTC Alternative Strategies Ltd. raised its stake in Cisco Systems by 22.9% during the second quarter. CTC Alternative Strategies Ltd. now owns 10,020 shares of the network equipment provider’s stock worth $695,000 after acquiring an additional 1,870 shares during the period. Florida Financial Advisors LLC boosted its stake in Cisco Systems by 26.2% in the second quarter. Florida Financial Advisors LLC now owns 9,091 shares of the network equipment provider’s stock valued at $628,000 after acquiring an additional 1,885 shares during the period. Camarda Financial Advisors LLC grew its holdings in shares of Cisco Systems by 13.6% during the second quarter. Camarda Financial Advisors LLC now owns 22,357 shares of the network equipment provider’s stock valued at $1,551,000 after purchasing an additional 2,673 shares during the last quarter. Sentinel Wealth Management Inc. acquired a new stake in shares of Cisco Systems during the 2nd quarter worth approximately $358,000. Finally, Darwin Wealth Management LLC bought a new stake in shares of Cisco Systems in the 2nd quarter worth approximately $1,406,000. 73.33% of the stock is owned by institutional investors and hedge funds.

Cisco Systems Stock Down 1.9%

Cisco Systems stock opened at $77.80 on Friday. Cisco Systems, Inc. has a 52 week low of $52.11 and a 52 week high of $80.82. The stock has a market cap of $307.40 billion, a price-to-earnings ratio of 29.25, a PEG ratio of 3.00 and a beta of 0.87. The company’s 50-day moving average price is $73.77 and its two-hundred day moving average price is $69.69. The company has a current ratio of 0.93, a quick ratio of 0.83 and a debt-to-equity ratio of 0.46.

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 analysts’ consensus estimates of $0.98 by $0.02. Cisco Systems had a net margin of 18.38% and a return on equity of 27.29%. The company had revenue of $14.88 billion during the quarter, compared to analyst estimates of $14.77 billion. During the same period in the prior year, the business posted $0.91 EPS. The business’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 and its Q2 2026 guidance at 1.010-1.030 EPS. On average, analysts expect that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.

Cisco Systems Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 21st. Stockholders of record on Friday, January 2nd will be given a dividend of $0.41 per share. The ex-dividend date is Friday, January 2nd. This represents a $1.64 annualized dividend and a dividend yield of 2.1%. Cisco Systems’s dividend payout ratio (DPR) is 61.65%.

Insider Buying and Selling

In other Cisco Systems news, EVP Deborah L. Stahlkopf sold 164,584 shares of the business’s stock in a transaction dated Friday, November 14th. The shares were sold at an average price of $77.85, for a total value of $12,812,864.40. Following the sale, the executive vice president directly owned 196,738 shares in the company, valued at approximately $15,316,053.30. The trade was a 45.55% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Jeetendra I. Patel sold 163,896 shares of the company’s stock in a transaction dated Friday, November 14th. The shares were sold at an average price of $77.86, for a total transaction of $12,760,942.56. Following the completion of the sale, the insider directly owned 281,108 shares of the company’s stock, valued at $21,887,068.88. The trade was a 36.83% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 1,021,910 shares of company stock worth $79,463,804. 0.01% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on CSCO. CICC Research upped their price objective on Cisco Systems from $78.00 to $84.00 and gave the stock an “outperform” rating in a research note on Friday, November 14th. Weiss Ratings reissued a “buy (b)” rating on shares of Cisco Systems in a report on Thursday, October 30th. UBS Group increased their price objective on shares of Cisco Systems from $88.00 to $90.00 and gave the stock a “buy” rating in a report on Thursday, November 13th. Bank of America lifted their price objective on shares of Cisco Systems from $85.00 to $95.00 and gave the company a “buy” rating in a research report on Thursday, November 13th. Finally, Citigroup upped their target price on shares of Cisco Systems from $80.00 to $85.00 and gave the stock a “buy” rating in a research report on Thursday, November 13th. Seventeen equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Cisco Systems presently has a consensus rating of “Moderate Buy” and an average price target of $84.14.

About Cisco Systems

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.