Equities Analysts Offer Predictions for CDW Q3 Earnings

CDW Corporation (NASDAQ:CDW) – Equities researchers at Zacks Research raised their Q3 2026 EPS estimates for shares of CDW in a research report issued on Wednesday, August 26th. Zacks Research analyst Team now anticipates that the information technology services provider will post earnings per share of $2.73 for the quarter, up from their prior forecast of $2.70. The consensus estimate for CDW’s current full-year earnings is $10.33 per share. Zacks Research also issued estimates for CDW’s Q4 2026 earnings at $2.62 EPS, FY2026 earnings at $10.25 EPS, Q1 2027 earnings at $2.34 EPS, Q2 2027 earnings at $2.53 EPS, Q3 2027 earnings at $2.89 EPS, Q4 2027 earnings at $3.72 EPS, FY2027 earnings at $11.48 EPS, Q1 2028 earnings at $4.40 EPS, Q2 2028 earnings at $2.53 EPS and FY2028 earnings at $12.72 EPS.

CDW (NASDAQ:CDW) last announced its earnings results on Wednesday, August 5th. The information technology services provider reported $2.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.80 by $0.11. CDW had a net margin of 4.60% and a return on equity of 50.61%. The firm had revenue of $6.57 billion for the quarter, compared to analysts’ expectations of $6.21 billion. During the same period in the prior year, the company earned $2.60 EPS. The business’s revenue was up 10.0% compared to the same quarter last year.

Several other research firms have also issued reports on CDW. Raymond James Financial set a $150.00 price objective on CDW in a research note on Wednesday, May 6th. Barclays cut their target price on CDW from $144.00 to $123.00 and set an “equal weight” rating on the stock in a research report on Thursday, May 7th. JPMorgan Chase & Co. upgraded CDW from a “neutral” rating to an “overweight” rating and set a $130.00 price target on the stock in a report on Wednesday, May 27th. Royal Bank Of Canada upgraded CDW to an “outperform” rating and set a $130.00 price target for the company in a research report on Wednesday, May 27th. Finally, Morgan Stanley lifted their price objective on shares of CDW from $170.00 to $171.00 and gave the stock an “overweight” rating in a research note on Thursday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $147.00.

CDW Trading Up 2.6%

CDW opened at $151.58 on Monday. The stock has a 50-day moving average of $138.29 and a 200 day moving average of $128.62. The company has a current ratio of 1.17, a quick ratio of 1.05 and a debt-to-equity ratio of 1.97. CDW has a 12 month low of $97.12 and a 12 month high of $171.55. The firm has a market cap of $18.95 billion, a P/E ratio of 18.22, a P/E/G ratio of 1.94 and a beta of 0.96.

Hedge Funds Weigh In On CDW

A number of large investors have recently bought and sold shares of the business. California State Teachers Retirement System increased its stake in CDW by 13,221.2% in the second quarter. California State Teachers Retirement System now owns 29,850,699 shares of the information technology services provider’s stock worth $4,198,202,000 after purchasing an additional 29,626,614 shares during the period. BlackRock Inc. purchased a new stake in shares of CDW during the second quarter valued at $2,143,082,000. Pzena Investment Management LLC purchased a new stake in shares of CDW during the second quarter valued at $371,135,000. Jupiter Topco LLC bought a new position in shares of CDW in the second quarter worth about $300,073,000. Finally, Bank of America Corp DE bought a new position in shares of CDW in the second quarter worth about $255,058,000. Hedge funds and other institutional investors own 93.15% of the company’s stock.

Insider Activity at CDW

In other news, insider Elizabeth H. Connelly sold 26,695 shares of the stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $137.62, for a total value of $3,673,765.90. Following the sale, the insider directly owned 34,215 shares in the company, valued at approximately $4,708,668.30. This represents a 43.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.82% of the company’s stock.

CDW Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Tuesday, August 25th will be paid a dividend of $0.63 per share. The ex-dividend date of this dividend is Tuesday, August 25th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.7%. CDW’s dividend payout ratio is currently 30.29%.

About CDW

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.