Greenleaf Trust Sells 17,778 Shares of Cisco Systems, Inc. $CSCO

Greenleaf Trust lowered its holdings in Cisco Systems, Inc. (NASDAQ:CSCO) by 12.6% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 123,057 shares of the network equipment provider’s stock after selling 17,778 shares during the quarter. Greenleaf Trust’s holdings in Cisco Systems were worth $8,420,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Norges Bank bought a new position in Cisco Systems in the second quarter worth approximately $3,816,825,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main increased its holdings in shares of Cisco Systems by 413.3% in the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 22,393,371 shares of the network equipment provider’s stock valued at $1,553,645,000 after acquiring an additional 18,030,441 shares during the period. Kingstone Capital Partners Texas LLC purchased a new position in shares of Cisco Systems in the 2nd quarter valued at $904,542,000. Franklin Resources Inc. lifted its stake in shares of Cisco Systems by 46.2% during the 2nd quarter. Franklin Resources Inc. now owns 40,836,858 shares of the network equipment provider’s stock worth $2,833,261,000 after purchasing an additional 12,904,969 shares during the last quarter. Finally, Laurel Wealth Advisors LLC lifted its stake in shares of Cisco Systems by 6,778.2% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 6,810,012 shares of the network equipment provider’s stock worth $472,479,000 after purchasing an additional 6,711,004 shares during the last quarter. 73.33% of the stock is currently owned by institutional investors.

Cisco Systems Stock Down 0.6%

Cisco Systems stock opened at $75.58 on Tuesday. The business’s 50-day simple moving average is $76.24 and its two-hundred day simple moving average is $71.20. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.83 and a current ratio of 0.93. The company has a market cap of $298.62 billion, a PE ratio of 28.41, a PEG ratio of 2.88 and a beta of 0.87. Cisco Systems, Inc. has a fifty-two week low of $52.11 and a fifty-two week high of $80.82.

Cisco Systems (NASDAQ:CSCO) last released its earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 EPS for the quarter, topping analysts’ consensus estimates of $0.98 by $0.02. Cisco Systems had a return on equity of 27.29% and a net margin of 18.38%.The firm had revenue of $14.88 billion during the quarter, compared to the consensus estimate of $14.77 billion. During the same quarter in the previous year, the company posted $0.91 earnings per share. The company’s revenue 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. Equities analysts anticipate that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 21st. Stockholders of record on Friday, January 2nd will be issued a $0.41 dividend. This represents a $1.64 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend is Friday, January 2nd. Cisco Systems’s dividend payout ratio is 61.65%.

Analyst Ratings Changes

CSCO has been the subject of a number of recent research reports. Melius Research boosted their target price on shares of Cisco Systems from $84.00 to $100.00 and gave the stock a “buy” rating in a report on Thursday, November 13th. JPMorgan Chase & Co. boosted their price objective on shares of Cisco Systems from $80.00 to $90.00 and gave the stock an “overweight” rating in a research note on Thursday, November 13th. Citic Securities increased their target price on shares of Cisco Systems from $75.00 to $90.00 in a research report on Monday, November 17th. President Capital cut their price target on shares of Cisco Systems from $90.00 to $88.00 in a report on Wednesday, December 24th. Finally, Argus increased their price objective on Cisco Systems from $80.00 to $100.00 in a report on Thursday, November 13th. Sixteen investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $85.23.

Insider Transactions at Cisco Systems

In related news, Director Michael D. Capellas sold 10,850 shares of the firm’s stock in a transaction on Friday, December 19th. The shares were sold at an average price of $77.13, for a total transaction of $836,860.50. Following the completion of the transaction, the director owned 146,368 shares of the company’s stock, valued at $11,289,363.84. This trade represents a 6.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Thimaya K. Subaiya sold 1,745 shares of the company’s stock in a transaction on Friday, December 12th. The shares were sold at an average price of $79.46, for a total transaction of $138,657.70. Following the completion of the sale, the executive vice president directly owned 176,319 shares in the company, valued at approximately $14,010,307.74. The trade was a 0.98% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 1,044,865 shares of company stock valued at $81,397,635. 0.01% of the stock is owned by corporate insiders.

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.