Zacks Research Issues Optimistic Estimate for CDW Earnings

CDW Corporation (NASDAQ:CDW) – Research analysts at Zacks Research increased their Q2 2026 EPS estimates for shares of CDW in a research note issued on Wednesday, May 27th. Zacks Research analyst Team now anticipates that the information technology services provider will earn $2.63 per share for the quarter, up from their previous estimate of $2.58. The consensus estimate for CDW’s current full-year earnings is $10.08 per share. Zacks Research also issued estimates for CDW’s FY2026 earnings at $10.02 EPS, Q1 2027 earnings at $2.32 EPS, Q2 2027 earnings at $2.21 EPS, FY2027 earnings at $10.85 EPS, Q1 2028 earnings at $4.07 EPS and FY2028 earnings at $11.93 EPS.

Other equities research analysts have also recently issued research reports about the company. Raymond James Financial set a $150.00 target price on CDW in a research note on Wednesday, May 6th. Royal Bank Of Canada upgraded shares of CDW to an “outperform” rating and set a $130.00 price objective for the company in a research report on Wednesday, May 27th. UBS Group cut their price target on shares of CDW from $162.00 to $147.00 and set a “buy” rating on the stock in a research note on Thursday, May 7th. Morgan Stanley upped their price objective on shares of CDW from $141.00 to $142.00 and gave the company an “equal weight” rating in a research note on Thursday, February 5th. Finally, JPMorgan Chase & Co. raised CDW from a “neutral” rating to an “overweight” rating and set a $130.00 target price for the company in a report on Wednesday, May 27th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, CDW currently has a consensus rating of “Moderate Buy” and an average price target of $140.63.

CDW Trading Down 0.9%

NASDAQ:CDW opened at $139.72 on Wednesday. CDW has a 1 year low of $97.12 and a 1 year high of $183.91. The stock has a market cap of $17.85 billion, a P/E ratio of 17.00, a P/E/G ratio of 1.89 and a beta of 1.00. The company has a debt-to-equity ratio of 1.81, a quick ratio of 1.06 and a current ratio of 1.16. The stock has a 50-day simple moving average of $121.20 and a 200-day simple moving average of $129.14.

CDW (NASDAQ:CDW) last released its earnings results on Wednesday, May 6th. The information technology services provider reported $2.28 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $2.28. The company had revenue of $5.68 billion for the quarter, compared to analyst estimates of $5.48 billion. CDW had a net margin of 4.70% and a return on equity of 49.67%. The firm’s quarterly revenue was up 9.2% on a year-over-year basis. During the same period in the prior year, the business earned $2.15 EPS.

CDW Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Monday, May 25th will be issued a dividend of $0.63 per share. The ex-dividend date of this dividend is Friday, May 22nd. This represents a $2.52 annualized dividend and a dividend yield of 1.8%. CDW’s dividend payout ratio (DPR) is currently 30.66%.

Insiders Place Their Bets

In other news, Director David W. Nelms acquired 18,000 shares of the company’s stock in a transaction on Wednesday, May 27th. The shares were bought at an average cost of $111.43 per share, with a total value of $2,005,740.00. Following the purchase, the director owned 51,025 shares of the company’s stock, valued at $5,685,715.75. This represents a 54.50% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 0.82% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On CDW

Institutional investors have recently added to or reduced their stakes in the business. Fenimore Asset Management Inc raised its stake in shares of CDW by 0.8% during the 4th quarter. Fenimore Asset Management Inc now owns 1,150,567 shares of the information technology services provider’s stock worth $156,707,000 after buying an additional 9,485 shares in the last quarter. Marshall Wace LLP boosted its stake in shares of CDW by 255.7% in the third quarter. Marshall Wace LLP now owns 599,248 shares of the information technology services provider’s stock valued at $95,448,000 after buying an additional 430,796 shares in the last quarter. BNP Paribas Financial Markets grew its holdings in CDW by 20.5% during the fourth quarter. BNP Paribas Financial Markets now owns 284,965 shares of the information technology services provider’s stock worth $38,812,000 after acquiring an additional 48,547 shares during the period. Local Pensions Partnership Investment Ltd raised its position in CDW by 7.8% in the fourth quarter. Local Pensions Partnership Investment Ltd now owns 249,176 shares of the information technology services provider’s stock worth $33,940,000 after acquiring an additional 18,000 shares in the last quarter. Finally, California State Teachers Retirement System boosted its position in shares of CDW by 2.3% during the 4th quarter. California State Teachers Retirement System now owns 230,692 shares of the information technology services provider’s stock worth $31,420,000 after purchasing an additional 5,121 shares in the last quarter. Hedge funds and other institutional investors own 93.15% of the company’s stock.

CDW Company Profile

CDW (NASDAQ: CDW) is a leading provider of information technology products and integrated solutions for business, government, education and healthcare customers. The company sources and resells hardware and software from major technology vendors and packages those products with professional services, managed services and lifecycle support. Its offerings span IT infrastructure, cloud and data center solutions, cybersecurity, networking, unified communications, endpoint devices, and software licensing and procurement services designed to simplify IT operations for customers.

CDW combines a broad product portfolio with consultative sales, implementation and technical support capabilities.