MassMutual Private Wealth & Trust FSB Sells 18,126 Shares of Cisco Systems, Inc. $CSCO

MassMutual Private Wealth & Trust FSB lowered its stake in Cisco Systems, Inc. (NASDAQ:CSCO) by 3.2% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 555,574 shares of the network equipment provider’s stock after selling 18,126 shares during the quarter. Cisco Systems accounts for approximately 1.0% of MassMutual Private Wealth & Trust FSB’s portfolio, making the stock its 24th largest position. MassMutual Private Wealth & Trust FSB’s holdings in Cisco Systems were worth $38,012,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of CSCO. Bare Financial Services Inc increased its stake in Cisco Systems by 531.0% in the second quarter. Bare Financial Services Inc now owns 366 shares of the network equipment provider’s stock valued at $25,000 after purchasing an additional 308 shares in the last quarter. Financial Connections Group Inc. grew its stake in shares of Cisco Systems by 89.4% in the 2nd quarter. Financial Connections Group Inc. now owns 409 shares of the network equipment provider’s stock valued at $28,000 after buying an additional 193 shares during the period. Legacy Investment Solutions LLC acquired a new stake in shares of Cisco Systems in the 2nd quarter valued at about $28,000. Lowe Wealth Advisors LLC increased its position in Cisco Systems by 96.2% in the 3rd quarter. Lowe Wealth Advisors LLC now owns 408 shares of the network equipment provider’s stock valued at $28,000 after buying an additional 200 shares in the last quarter. Finally, Nova Wealth Management Inc. acquired a new position in Cisco Systems during the 1st quarter worth approximately $31,000. Institutional investors and hedge funds own 73.33% of the company’s stock.

Cisco Systems Stock Performance

NASDAQ CSCO opened at $75.23 on Wednesday. The company has a fifty day moving average price of $76.29 and a 200-day moving average price of $71.26. The firm has a market cap of $297.24 billion, a price-to-earnings ratio of 28.28, a PEG ratio of 2.86 and a beta of 0.87. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.93 and a quick ratio of 0.83. Cisco Systems, Inc. has a 1 year low of $52.11 and a 1 year high of $80.82.

Cisco Systems (NASDAQ:CSCO) last released its quarterly earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 earnings per share for the quarter, beating 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 for the quarter, compared to analyst estimates of $14.77 billion. During the same period last year, the firm earned $0.91 earnings per share. The firm’s revenue was up 7.5% on a year-over-year basis. 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. As a group, equities research analysts predict that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.

Cisco Systems Dividend Announcement

The firm also recently announced 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. The ex-dividend date of this dividend is Friday, January 2nd. This represents a $1.64 annualized dividend and a dividend yield of 2.2%. Cisco Systems’s dividend payout ratio is currently 61.65%.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on CSCO shares. Piper Sandler raised their price objective on Cisco Systems from $70.00 to $86.00 and gave the company a “neutral” rating in a research note on Thursday, November 13th. KeyCorp lifted their price target on shares of Cisco Systems from $77.00 to $87.00 and gave the company an “overweight” rating in a research report on Thursday, November 13th. Melius Research upped their price objective 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. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Cisco Systems in a research note on Thursday, October 30th. Finally, Evercore ISI boosted their target price on shares of Cisco Systems from $74.00 to $80.00 and gave the stock an “in-line” rating in a research report on Thursday, November 13th. Sixteen research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $85.23.

Insider Activity at Cisco Systems

In related news, Director Kristina M. Johnson sold 13,481 shares of Cisco Systems stock in a transaction 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 sale, the director directly owned 61,630 shares in the company, valued at approximately $4,753,521.90. This trade represents a 17.95% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Maria Victoria Wong sold 428 shares of the company’s stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $80.33, for a total value of $34,381.24. Following the completion of the transaction, the senior vice president owned 32,176 shares of the company’s stock, valued at $2,584,698.08. This trade represents a 1.31% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 1,044,865 shares of company stock valued at $81,397,635 in the last ninety days. Insiders own 0.01% of the company’s stock.

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.