Kmg Fiduciary Partners 13F: Cuts CSCO Stake by $1.1M
The fund cut its Cisco holdings by 12%, now holding 77,267 shares worth $8.32 million.
Reviewed by automated data checks against the source filing. How we make and check alerts
Kmg Fiduciary Partners sold 10,586 shares from its stake in Cisco Systems, Inc. ($CSCO), a 12.05% decrease, according to a 13F filing with the SEC dated October 14, 2026. It reported 77,267 shares worth $8.32 million at the end of the quarter.
Since the filing, $CSCO is down 5.5% to date (from the $113.64 close on Oct 14, 2026).
Find the original: Kmg Fiduciary Partners 13F filings on SEC EDGAR
CSCO
Cisco Systems, Inc.
Key Points
- Kmg Fiduciary Partners reduced its Cisco Systems stake by 12%, cutting 10,586 shares to hold 77,267 shares valued at $8.32 million.
- Cisco Systems has a market cap of $433.1 billion, a P/E ratio of 33.0, and a 52-week range of $68.95 to $130.37.
- Cisco's dividend yield is 1.53% with a payout ratio of 49.85%, and its next earnings report is expected on November 12, 2026.
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Not investment advice. EarningsIQ is not a registered investment adviser, and this automated Cisco Systems, Inc. alert may contain errors. Disclosures
Kmg Fiduciary Partners has trimmed its stake in Cisco Systems, Inc. (NasdaqGS: CSCO) by 12%, according to its latest 13F filing with the SEC. The fund reduced its holdings by 10,586 shares, leaving it with 77,267 shares valued at approximately $8.32 million as of the reporting period.
Kmg Fiduciary Partners vs. the S&P 500
Hypothetical returns from Kmg Fiduciary Partners's disclosed trades, not real profit or advice. How we model this.
What Changed in Kmg Fiduciary Partners' Cisco Systems Position
Kmg Fiduciary Partners decreased its position in Cisco Systems by 12% during the latest quarter. The fund sold 10,586 shares, reducing its total holdings to 77,267 shares. The value of this stake is about $8.32 million, reflecting the changes reported in the filing.
Cisco Systems, Inc. Stock Down 5.2%
Shares of Cisco Systems (NasdaqGS: CSCO) are part of a company with a market capitalization of about $433.1 billion. The stock has a price-to-earnings (P/E) ratio of 33.0 and a forward P/E of 19.5, indicating how investors value its future earnings. Cisco's beta is 0.979, suggesting its stock price is less volatile compared to the market. Over the past year, the stock has traded between $68.95 and $130.37. Its 50-day moving average is $111.89, while the 200-day moving average is $99.40.
Recent Earnings
Cisco Systems reported revenue of approximately $63.32 billion, with a growth rate of 17.6%. The company achieved a net margin of 20.95% and a return on equity (ROE) of 27.32%. Its earnings per share (EPS) is $3.33. Cisco is expected to release its next earnings report on November 12, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
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Forward outlook
11 analysts raised price targets.
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EPS & revenue
EPS met estimates. Revenue beat estimates by 2.7%.
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Profit surprise
EBITDA missed by 24 percent. Operating income missed by 58 percent.
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Pre-earnings setup
Expectations were about average.
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Analyst signal
1 upgrade, 11 target raises.
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Earnings quality
Gross margin down 1.9 points. Operating margin up 2.4 points. Positive free cash flow.
Earnings Call Summary
Cisco delivered record 15.8 billion dollar revenue in the quarter, up 10 percent year over year, with networking revenue surging 21 percent driven by AI infrastructure demand and campus switching upgrades. The company shipped its millionth Silicon One chip, unveiled its new 102.4 terabit G300 processor, and expects strong AI orders exceeding 5 billion dollars for the year, though security revenue declined 4 percent due to Splunk transition to cloud subscriptions. Strong product order growth of 18 percent, especially from hyperscalers up 65 percent, shows broad momentum despite gross margin compression from memory cost inflation.
Guidance Cisco guided for full-year revenue of about 61.5 billion dollars and earnings per share of 4.15 dollars, putting the company on track for its strongest year. The company also raised its AI infrastructure order target to over 5 billion dollars for fiscal 2026, expecting to recognize more than 3 billion dollars in AI revenue.
Fine but not compelling. Acceptable results that likely do not create a meaningful forward reset.
Dividend
Cisco Systems offers a dividend yield of 1.53%, with a payout ratio of 49.85%. This makes it an attractive option for income-focused investors looking for steady returns.
About Cisco Systems
Cisco Systems, Inc., headquartered in San Jose, California, is a global leader in technology solutions. The company designs and sells a broad range of technology products and services that power the internet. Cisco's offerings include network security, data center switching, and wireless products. Led by CEO Charles H. Robbins, Cisco serves various sectors, including businesses and government entities, through direct sales and partnerships with resellers and distributors.
Bottom Line
Kmg Fiduciary Partners' decision to cut its stake in Cisco Systems by 12% is a notable move in the tech giant's investor landscape. Investors keep a close eye on 13F filings like this one to gauge institutional sentiment towards major companies. While these filings are backward-looking, they provide insights into how large funds are positioning themselves in the market.
Related Filing Alerts
Source: Kmg Fiduciary Partners's 13F filing on $CSCO (Oct 14, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Find the original filing: Kmg Fiduciary Partners 13F filings on SEC EDGAR. Written by software, not financial advice. How we make alerts