Morgan Stanley Increases CDW (NASDAQ:CDW) Price Target to $142.00

CDW (NASDAQ:CDW) had its price target hoisted by equities researchers at Morgan Stanley from $141.00 to $142.00 in a research report issued on Thursday,Benzinga reports. The firm currently has an “equal weight” rating on the information technology services provider’s stock. Morgan Stanley’s price target indicates a potential upside of 2.84% from the company’s previous close.

Other analysts also recently issued research reports about the stock. Weiss Ratings reissued a “hold (c-)” rating on shares of CDW in a report on Tuesday, January 27th. Raymond James Financial upgraded CDW from an “outperform” rating to a “strong-buy” rating and set a $185.00 price target on the stock in a report on Tuesday, November 25th. UBS Group reduced their price objective on CDW from $200.00 to $190.00 and set a “buy” rating for the company in a report on Wednesday, November 5th. Citigroup reissued a “neutral” rating on shares of CDW in a report on Thursday. Finally, Barclays set a $144.00 price target on CDW in a research report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $170.57.

CDW Stock Up 9.4%

CDW opened at $138.08 on Thursday. The company has a debt-to-equity ratio of 2.21, a current ratio of 1.39 and a quick ratio of 1.30. CDW has a 12 month low of $123.08 and a 12 month high of $222.92. The stock has a market capitalization of $17.98 billion, a P/E ratio of 17.43, a P/E/G ratio of 1.81 and a beta of 1.08. The business has a 50 day simple moving average of $136.59 and a 200-day simple moving average of $151.66.

CDW (NASDAQ:CDW) last released its quarterly earnings data on Wednesday, February 4th. The information technology services provider reported $2.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.44 by $0.13. CDW had a return on equity of 51.89% and a net margin of 4.76%.The firm had revenue of $5.51 billion during the quarter, compared to analysts’ expectations of $5.33 billion. During the same quarter in the prior year, the business posted $2.48 earnings per share. CDW’s revenue was up 6.3% compared to the same quarter last year. On average, equities analysts anticipate that CDW will post 9.41 earnings per share for the current fiscal year.

Insider Activity

In other CDW news, insider Sona Chawla sold 7,400 shares of CDW stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $146.17, for a total value of $1,081,658.00. Following the completion of the sale, the insider directly owned 28,110 shares of the company’s stock, valued at approximately $4,108,838.70. The trade was a 20.84% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.84% of the company’s stock.

Institutional Trading of CDW

Several institutional investors have recently made changes to their positions in the stock. Jones Financial Companies Lllp boosted its holdings in CDW by 316.0% in the first quarter. Jones Financial Companies Lllp now owns 4,896 shares of the information technology services provider’s stock valued at $785,000 after acquiring an additional 3,719 shares during the last quarter. Empowered Funds LLC increased its position in CDW by 1.2% during the 1st quarter. Empowered Funds LLC now owns 18,076 shares of the information technology services provider’s stock worth $2,897,000 after purchasing an additional 216 shares in the last quarter. KLP Kapitalforvaltning AS raised its holdings in CDW by 0.9% in the second quarter. KLP Kapitalforvaltning AS now owns 79,100 shares of the information technology services provider’s stock valued at $14,126,000 after buying an additional 700 shares during the period. Sumitomo Mitsui Trust Group Inc. increased its position in shares of CDW by 9.4% in the second quarter. Sumitomo Mitsui Trust Group Inc. now owns 363,552 shares of the information technology services provider’s stock worth $64,927,000 after acquiring an additional 31,365 shares in the last quarter. Finally, Nisa Investment Advisors LLC boosted its position in CDW by 28.5% during the 2nd quarter. Nisa Investment Advisors LLC now owns 6,038 shares of the information technology services provider’s stock worth $1,078,000 after purchasing an additional 1,338 shares during the period. 93.15% of the stock is owned by hedge funds and other institutional investors.

More CDW News

Here are the key news stories impacting CDW this week:

• Positive Sentiment: Q4 beat — CDW reported adjusted EPS of $2.57 and revenue of $5.51B (both above consensus); revenue grew ~6.3% YoY and management pointed to resilient IT spending. CDW beats fourth-quarter estimates
• Positive Sentiment: AI & cloud tailwinds — Management and analysts highlighted AI-led demand and cloud services across enterprise, public sector and small business as the main growth drivers supporting revenue and margin expansion. CDW Q4 Deep Dive: Cloud, AI Services
• Positive Sentiment: Capital returns — Company continues to return cash: Board declared a $0.63 quarterly dividend (ex-div Feb 25, pay Mar 10) and management highlighted substantial buybacks / ~$982M returned to shareholders last quarter. That supports investor income and EPS uplift. Dividend press release
• Positive Sentiment: Margin & profitability signals — Management noted margin expansion and a high ROE (reported ~51.9%), improving the quality of earnings versus peers. Zacks: margin and buybacks
• Neutral Sentiment: Investor materials & call — The earnings slide deck and full earnings/transcript provide color on customer mix and pipeline; useful for modelling but not new immediate news. Earnings presentation
• Neutral Sentiment: Analyst views — Recent analyst coverage is generally positive (several buys / “strong buy” and a median 6‑month target around $166.5), which can support the rally but price targets vary materially. Quiver Quant: analyst & institutional data
• Negative Sentiment: Insider sale & institutional churn — There was a recent insider sale (Sona Chawla) and Quiver/13F data show mixed institutional activity (some large fund position reductions in prior quarters), which could limit upside if selling continues. Quiver: insider & institutional activity

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.