Violich Capital Management Inc. Increases Stock Position in Cisco Systems, Inc. $CSCO

Violich Capital Management Inc. lifted its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 591.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 22,465 shares of the network equipment provider’s stock after acquiring an additional 19,215 shares during the period. Violich Capital Management Inc.’s holdings in Cisco Systems were worth $1,537,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in CSCO. JCIC Asset Management Inc. purchased a new stake in shares of Cisco Systems during the third quarter worth approximately $71,000. Xcel Wealth Management LLC purchased a new stake in shares of Cisco Systems during the 3rd quarter worth approximately $708,000. High Net Worth Advisory Group LLC increased its position in shares of Cisco Systems by 1.8% in the third quarter. High Net Worth Advisory Group LLC now owns 12,684 shares of the network equipment provider’s stock valued at $868,000 after buying an additional 229 shares in the last quarter. Smith Thornton Advisors LLC raised its position in Cisco Systems by 2.0% during the third quarter. Smith Thornton Advisors LLC now owns 10,901 shares of the network equipment provider’s stock worth $746,000 after acquiring an additional 210 shares during the last quarter. Finally, Glass Jacobson Investment Advisors llc grew its holdings in Cisco Systems by 12.0% during the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 2,104 shares of the network equipment provider’s stock valued at $144,000 after buying an additional 225 shares during the last quarter. Institutional investors and hedge funds own 73.33% of the company’s stock.

Insider Transactions at Cisco Systems

In other Cisco Systems news, Director Michael D. Capellas sold 16,150 shares of the company’s stock in a transaction on Thursday, December 18th. The stock was sold at an average price of $77.28, for a total value of $1,248,072.00. Following the transaction, the director owned 157,218 shares of the company’s stock, valued at approximately $12,149,807.04. This represents a 9.32% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Deborah L. Stahlkopf sold 164,584 shares of the company’s stock in a transaction on 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 of the company’s stock, valued at approximately $15,316,053.30. This represents a 45.55% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,044,865 shares of company stock valued at $81,397,635 in the last 90 days. 0.01% of the stock is owned by corporate insiders.

Cisco Systems Stock Down 0.1%

CSCO opened at $75.19 on Monday. The stock has a market cap of $297.08 billion, a P/E ratio of 28.27, a P/E/G ratio of 2.84 and a beta of 0.87. The stock’s 50 day moving average price is $76.66 and its 200 day moving average price is $71.61. Cisco Systems, Inc. has a 12 month low of $52.11 and a 12 month high of $80.82. 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 (NASDAQ:CSCO) last released its earnings results 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 net margin of 18.38% and a return on equity of 27.29%. The firm had revenue of $14.88 billion for the quarter, compared to analysts’ expectations of $14.77 billion. During the same quarter last year, the company earned $0.91 EPS. Cisco Systems’s quarterly 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, research analysts predict that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.

Cisco Systems Announces Dividend

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

Analyst Upgrades and Downgrades

CSCO has been the topic of several recent analyst reports. HSBC upped their price objective on shares of Cisco Systems from $69.00 to $74.00 and gave the company a “hold” rating in a research note on Friday, November 14th. Evercore ISI raised their target price on shares of Cisco Systems from $74.00 to $80.00 and gave the company an “in-line” rating in a research note on Thursday, November 13th. Morgan Stanley increased their price objective on shares of Cisco Systems from $82.00 to $91.00 and gave the company an “overweight” rating in a research report on Wednesday, December 17th. BNP Paribas Exane increased their price target on Cisco Systems from $76.00 to $86.00 and gave the company an “outperform” rating in a report on Thursday, November 13th. Finally, Wells Fargo & Company upped their target price on shares of Cisco Systems from $83.00 to $95.00 and gave the company an “overweight” rating in a research note on Thursday, November 13th. Sixteen equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $85.23.

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.