CreativeOne Wealth LLC Acquires 14,067 Shares of Cisco Systems, Inc. $CSCO

CreativeOne Wealth LLC increased its holdings in Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 21.5% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 79,421 shares of the network equipment provider's stock after purchasing an additional 14,067 shares during the period. CreativeOne Wealth LLC's holdings in Cisco Systems were worth $4,901,000 at the end of the most recent reporting period.How Cisco Is Building a New Growth Story for InvestorsOther large investors have also recently bought and sold shares of the company. Kornitzer Capital Management Inc. KS boosted its holdings in Cisco Systems by 0.7% in the first quarter. Kornitzer Capital Management Inc. KS now owns 892,064 shares of the network equipment provider's stock worth $55,049,000 after purchasing an additional 6,501 shares in the last quarter. Golden State Wealth Management LLC boosted its holdings in Cisco Systems by 10.8% in the first quarter. Golden State Wealth Management LLC now owns 6,298 shares of the network equipment provider's stock worth $389,000 after purchasing an additional 612 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in Cisco Systems by 28.9% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 4,037,909 shares of the network equipment provider's stock worth $249,180,000 after purchasing an additional 904,548 shares in the last quarter. Investment Management Corp of Ontario boosted its holdings in Cisco Systems by 44.6% in the fourth quarter. Investment Management Corp of Ontario now owns 193,478 shares of the network equipment provider's stock worth $11,454,000 after purchasing an additional 59,680 shares in the last quarter. Finally, IFP Advisors Inc boosted its holdings in Cisco Systems by 2.6% in the first quarter. IFP Advisors Inc now owns 111,510 shares of the network equipment provider's stock worth $6,882,000 after purchasing an additional 2,839 shares in the last quarter. 73.33% of the stock is currently owned by institutional investors. Get Cisco Systems alerts:Wall Street Analyst Weigh InA number of equities research analysts recently issued reports on CSCO shares. Barclays upped their price objective on shares of Cisco Systems from $66.00 to $71.00 and gave the stock an "equal weight" rating in a report on Thursday, August 14th. Rosenblatt Securities reissued a "buy" rating and set a $87.00 target price on shares of Cisco Systems in a research report on Thursday, August 14th. William Blair raised shares of Cisco Systems to a "hold" rating in a research report on Thursday, August 14th. Deutsche Bank Aktiengesellschaft raised shares of Cisco Systems from a "hold" rating to a "buy" rating and boosted their target price for the stock from $65.00 to $73.00 in a research report on Monday, June 16th. Finally, Bank of America boosted their target price on shares of Cisco Systems from $76.00 to $85.00 and gave the stock a "buy" rating in a research report on Thursday, August 14th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and ten have assigned a Hold rating to the stock. According to MarketBeat, Cisco Systems currently has a consensus rating of "Moderate Buy" and an average target price of $74.53.MarketBeat Week in Review – 08/11 - 08/15Get Our Latest Analysis on CSCOInsiders Place Their BetsIn related news, insider Jeetendra I. Patel sold 9,061 shares of the company's stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $66.60, for a total value of $603,462.60. Following the sale, the insider owned 237,405 shares of the company's stock, valued at $15,811,173. The trade was a 3.68% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Charles Robbins sold 30,557 shares of the company's stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $66.63, for a total transaction of $2,036,012.91. Following the completion of the sale, the chief executive officer directly owned 639,000 shares in the company, valued at approximately $42,576,570. The trade was a 4.56% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 119,095 shares of company stock valued at $7,841,167 over the last 90 days. Company insiders own 0.01% of the company's stock. Cisco Systems Stock Up 0.1%Cisco Systems: The Only AI Stock Income Investors Need to OwnShares of CSCO opened at $68.44 on Thursday. The company has a 50-day simple moving average of $68.34 and a 200-day simple moving average of $63.67. The firm has a market capitalization of $271.02 billion, a P/E ratio of 26.12, a P/E/G ratio of 2.90 and a beta of 0.91. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.92 and a current ratio of 1.01. Cisco Systems, Inc. has a 52 week low of $47.85 and a 52 week high of $72.55. Cisco Systems (NASDAQ:CSCO - Get Free Report) last announced its quarterly earnings data on Wednesday, August 13th. The network equipment provider reported $0.99 EPS for the quarter, beating analysts' consensus estimates of $0.98 by $0.01. The business had revenue of $14.67 billion during the quarter, compared to analyst estimates of $14.63 billion. Cisco Systems had a net margin of 18.45% and a return on equity of 27.02%. The firm's revenue for the quarter was up 7.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.87 earnings per share. Cisco Systems has set its Q1 2026 guidance at 0.970-0.990 EPS. FY 2026 guidance at 4.000-4.060 EPS. On average, equities research analysts expect that Cisco Systems, Inc. will post 3.04 earnings per share for the current year. Cisco Systems Dividend AnnouncementThe firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 22nd. Investors of record on Friday, October 3rd will be paid a $0.41 dividend. The ex-dividend date of this dividend is Friday, October 3rd. This represents a $1.64 dividend on an annualized basis and a yield of 2.4%. Cisco Systems's payout ratio is presently 62.60%. Cisco Systems Company Profile (Free Report)Cisco Systems, Inc designs, manufactures, and sells Internet Protocol based networking and other products related to the communications and information technology industry in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and China. The company also offers switching portfolio encompasses campus switching as well as data center switching; enterprise routing portfolio interconnects public and private wireline and mobile networks, delivering highly secure, and reliable connectivity to campus, data center and branch networks; wireless products include wireless access points and controllers; and compute portfolio including the cisco unified computing system, hyperflex, and software management capabilities, which combine computing, networking, and storage infrastructure management and virtualization.Read MoreFive stocks we like better than Cisco SystemsTSX Venture Exchange (Formerly Canadian Venture Exchange)Amazon’s Chart Just Flashed a Pennant Pattern—Here’s What to DoHow Investors Can Identify and Successfully Trade Gap-Down Stocks3 Undervalued Stocks Analysts Are Loving Right Now—Should You?Stock Analyst Ratings and Canadian Analyst RatingsWilliams-Sonoma Q2 Results Prove Its Buy-and-Hold QualityWant to see what other hedge funds are holding CSCO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cisco Systems, Inc. (NASDAQ:CSCO - Free Report).This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Cisco Systems Right Now?Before you consider Cisco Systems, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Cisco Systems wasn't on the list.While Cisco Systems currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here