Independent Advisor Alliance Increases Stock Position in Cisco Systems, Inc. $CSCO

Independent Advisor Alliance boosted its holdings in Cisco Systems, Inc. (NASDAQ:CSCO) by 7.6% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 118,104 shares of the network equipment provider’s stock after buying an additional 8,292 shares during the quarter. Independent Advisor Alliance’s holdings in Cisco Systems were worth $8,081,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. CWS Financial Advisors LLC increased its position in shares of Cisco Systems by 7.3% during the 3rd quarter. CWS Financial Advisors LLC now owns 13,416 shares of the network equipment provider’s stock valued at $918,000 after purchasing an additional 907 shares during the last quarter. Frank Rimerman Advisors LLC increased its holdings in Cisco Systems by 2.4% during the third quarter. Frank Rimerman Advisors LLC now owns 98,031 shares of the network equipment provider’s stock valued at $6,707,000 after buying an additional 2,258 shares during the last quarter. Everhart Financial Group Inc. raised its position in Cisco Systems by 5.9% in the third quarter. Everhart Financial Group Inc. now owns 29,114 shares of the network equipment provider’s stock worth $1,992,000 after acquiring an additional 1,633 shares during the period. Lingohr Asset Management GmbH purchased a new position in shares of Cisco Systems during the 3rd quarter worth $646,000. Finally, Werba Rubin Papier Wealth Management grew its position in shares of Cisco Systems by 5.6% during the 3rd quarter. Werba Rubin Papier Wealth Management now owns 8,770 shares of the network equipment provider’s stock valued at $600,000 after acquiring an additional 468 shares during the period. 73.33% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, Director Kristina M. Johnson sold 13,481 shares of the stock in a transaction that occurred on Thursday, December 18th. The stock was sold at an average price of $77.13, for a total transaction of $1,039,789.53. Following the completion of the transaction, the director directly owned 61,630 shares of the company’s stock, valued at approximately $4,753,521.90. This represents a 17.95% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Maria Victoria Wong sold 428 shares of Cisco Systems stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $80.33, for a total value of $34,381.24. Following the completion of the sale, the senior vice president directly owned 32,176 shares in the company, valued at approximately $2,584,698.08. The trade was a 1.31% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 1,044,865 shares of company stock valued at $81,397,635 in the last ninety days. Company insiders own 0.01% of the company’s stock.

Cisco Systems Trading Down 0.1%

Cisco Systems stock opened at $78.32 on Friday. Cisco Systems, Inc. has a 1 year low of $52.11 and a 1 year high of $80.82. The firm’s 50 day moving average price is $76.75 and its 200-day moving average price is $72.12. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.93 and a quick ratio of 0.83. The stock has a market cap of $309.45 billion, a P/E ratio of 29.44, a PEG ratio of 2.97 and a beta of 0.87.

Cisco Systems (NASDAQ:CSCO) last issued its 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. The firm had revenue of $14.88 billion during the quarter, compared to analyst estimates of $14.77 billion. Cisco Systems had a net margin of 18.38% and a return on equity of 27.29%. Cisco Systems’s revenue for the quarter was up 7.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.91 earnings per share. 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, equities analysts predict that Cisco Systems, Inc. will post 3.04 earnings per share for the current fiscal year.

Cisco Systems Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 21st. Stockholders of record on Friday, January 2nd were issued a $0.41 dividend. This represents a $1.64 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend was Friday, January 2nd. Cisco Systems’s payout ratio is 61.65%.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the company. Citic Securities lifted their target price on Cisco Systems from $75.00 to $90.00 in a research report on Monday, November 17th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Cisco Systems in a research report on Tuesday. Citigroup boosted their price objective on Cisco Systems from $80.00 to $85.00 and gave the company a “buy” rating in a research note on Thursday, November 13th. BNP Paribas Exane raised their target price on shares of Cisco Systems from $76.00 to $86.00 and gave the stock an “outperform” rating in a research note on Thursday, November 13th. Finally, Wall Street Zen downgraded shares of Cisco Systems from a “buy” rating to a “hold” rating in a report on Saturday, November 22nd. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat.com, Cisco Systems currently has an average rating of “Moderate Buy” and a consensus target price of $86.81.

Cisco Systems 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.