Yousif Capital Management LLC Has $36.72 Million Position in Cisco Systems, Inc. $CSCO
by Mitch Edgeman · The Markets DailyYousif Capital Management LLC lowered its stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO – Free Report) by 5.2% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 536,620 shares of the network equipment provider’s stock after selling 29,538 shares during the quarter. Yousif Capital Management LLC’s holdings in Cisco Systems were worth $36,716,000 at the end of the most recent quarter.
Other institutional investors also recently modified their holdings of the company. Norges Bank acquired a new position in Cisco Systems in the 2nd quarter valued at $3,816,825,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main boosted its holdings in Cisco Systems by 413.3% during the second 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 bought a new stake in Cisco Systems during the second quarter valued at about $904,542,000. Franklin Resources Inc. grew its position in shares of Cisco Systems by 46.2% in the second quarter. Franklin Resources Inc. now owns 40,836,858 shares of the network equipment provider’s stock valued at $2,833,261,000 after purchasing an additional 12,904,969 shares during the last quarter. Finally, Laurel Wealth Advisors LLC increased its stake in shares of Cisco Systems by 6,778.2% in the second 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 period. Institutional investors own 73.33% of the company’s stock.
Insider Activity at Cisco Systems
In other news, Director Kristina M. Johnson sold 13,481 shares of the company’s stock in a transaction that occurred on Thursday, December 18th. The stock was sold at an average price of $77.13, for a total value 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 represents a 17.95% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Thimaya K. Subaiya sold 1,745 shares of the firm’s stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $79.46, for a total value of $138,657.70. Following the transaction, the executive vice president owned 176,319 shares of the company’s stock, valued at $14,010,307.74. This trade represents a 0.98% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 1,044,865 shares of company stock valued at $81,397,635. Corporate insiders own 0.01% of the company’s stock.
Wall Street Analyst Weigh In
CSCO has been the topic of a number of research analyst reports. Barclays raised their target price on Cisco Systems from $71.00 to $76.00 and gave the company an “equal weight” rating in a report on Thursday, November 13th. Weiss Ratings reissued a “buy (b)” rating on shares of Cisco Systems in a research report on Thursday, October 30th. JPMorgan Chase & Co. boosted their target price on shares of Cisco Systems from $80.00 to $90.00 and gave the stock an “overweight” rating in a research report on Thursday, November 13th. Melius Research upped their target price on shares of Cisco Systems from $84.00 to $100.00 and gave the company a “buy” rating in a research note on Thursday, November 13th. Finally, Bank of America raised their price target on shares of Cisco Systems from $85.00 to $95.00 and gave the stock a “buy” rating in a research report on Thursday, November 13th. Seventeen investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $84.55.
Get Our Latest Research Report on Cisco Systems
Cisco Systems Stock Down 0.4%
Shares of CSCO stock opened at $78.11 on Tuesday. Cisco Systems, Inc. has a one year low of $52.11 and a one year 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. The stock has a fifty day moving average price of $74.80 and a 200 day moving average price of $70.35. The stock has a market cap of $308.62 billion, a P/E ratio of 29.36, a price-to-earnings-growth ratio of 2.97 and a beta of 0.87.
Cisco Systems (NASDAQ:CSCO – Get Free Report) last announced its quarterly earnings data on Wednesday, November 12th. The network equipment provider reported $1.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.98 by $0.02. The company had revenue of $14.88 billion during the quarter, compared to analysts’ expectations of $14.77 billion. Cisco Systems had a net margin of 18.38% and a return on equity of 27.29%. The business’s revenue was up 7.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.91 EPS. 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. Analysts predict that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.
Cisco Systems Dividend Announcement
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 paid a dividend of $0.41 per share. The ex-dividend date is Friday, January 2nd. This represents a $1.64 dividend on an annualized basis and a yield of 2.1%. Cisco Systems’s dividend payout ratio (DPR) is currently 61.65%.
About Cisco Systems
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.
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