Foyston Gordon & Payne Inc Buys 12,456 Shares of CDW Corporation $CDW

Foyston Gordon & Payne Inc grew its position in CDW Corporation (NASDAQ:CDW) by 30.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 52,732 shares of the information technology services provider’s stock after purchasing an additional 12,456 shares during the quarter. CDW makes up approximately 1.8% of Foyston Gordon & Payne Inc’s portfolio, making the stock its 19th largest holding. Foyston Gordon & Payne Inc’s holdings in CDW were worth $8,399,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of CDW. Root Financial Partners LLC acquired a new position in CDW in the 3rd quarter valued at $26,000. Cary Street Partners Investment Advisory LLC lifted its position in CDW by 15.5% during the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 1,427 shares of the information technology services provider’s stock worth $255,000 after acquiring an additional 192 shares during the last quarter. Empowered Funds LLC boosted its holdings in CDW by 1.2% during the first quarter. Empowered Funds LLC now owns 18,076 shares of the information technology services provider’s stock valued at $2,897,000 after acquiring an additional 216 shares during the period. Covestor Ltd grew its position in shares of CDW by 87.9% in the third quarter. Covestor Ltd now owns 483 shares of the information technology services provider’s stock valued at $77,000 after purchasing an additional 226 shares during the last quarter. Finally, Hennessy Advisors Inc. grew its position in shares of CDW by 1.8% in the third quarter. Hennessy Advisors Inc. now owns 15,003 shares of the information technology services provider’s stock valued at $2,390,000 after purchasing an additional 270 shares during the last quarter. 93.15% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at CDW

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

CDW Trading Down 0.6%

Shares of CDW stock opened at $122.64 on Friday. The firm has a fifty day moving average of $131.29 and a 200-day moving average of $146.48. The stock has a market cap of $15.82 billion, a price-to-earnings ratio of 15.16, a P/E/G ratio of 1.70 and a beta of 1.08. CDW Corporation has a 52-week low of $118.44 and a 52-week high of $192.30. The company has a debt-to-equity ratio of 1.77, a quick ratio of 1.10 and a current ratio of 1.18.

CDW (NASDAQ:CDW) last issued its earnings results on Wednesday, February 4th. The information technology services provider reported $2.57 earnings per share for the quarter, beating the consensus estimate of $2.44 by $0.13. CDW had a net margin of 4.76% and a return on equity of 50.66%. The business had revenue of $5.51 billion for the quarter, compared to analyst estimates of $5.33 billion. During the same period in the previous year, the business earned $2.48 EPS. The firm’s revenue was up 6.3% on a year-over-year basis. On average, equities research analysts forecast that CDW Corporation will post 9.41 earnings per share for the current fiscal year.

CDW Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Wednesday, February 25th will be paid a $0.63 dividend. This represents a $2.52 annualized dividend and a dividend yield of 2.1%. The ex-dividend date is Wednesday, February 25th. CDW’s dividend payout ratio is currently 31.15%.

More CDW News

Here are the key news stories impacting CDW this week:

• Positive Sentiment: Zacks raised its FY2027 EPS view to $10.93 (from $10.71), and also increased FY2026 to $9.99 and issued a FY2028 outlook of $11.96 — a constructive read on longer‑term earnings potential.
• Positive Sentiment: Zacks boosted several quarter estimates including Q4 2027 to $3.43, Q4 2026 to $2.58, and raised Q1 2027 to $2.30 and Q2 2026 to $2.58 — these upgrades support the view of stronger late‑cycle and full‑year results.
• Neutral Sentiment: Short‑interest data published for February shows an anomalous 0 shares and a 0.0 days ratio (likely a reporting artifact) — not a meaningful driver of price action.
• Neutral Sentiment: Announcement regarding CDW Holding (SG:BXE) reporting three consecutive years of pre‑tax losses appears related to a different listed entity and is likely peripheral to CDW Corporation’s fundamentals. CDW Holding Flags Three Consecutive Years of Pre-Tax Losses
• Negative Sentiment: Zacks trimmed several nearer‑term quarter forecasts — notably Q2 2027 (to $2.34 from $3.10) and Q3 2027 (to $2.86 from $3.34), and slightly lowered Q3 2026 — these cuts imply more near‑term volatility and may weigh on the stock as investors re‑price shorter‑term growth expectations.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the company. UBS Group cut their price objective on CDW from $190.00 to $162.00 and set a “buy” rating for the company in a research report on Thursday, February 5th. Barclays cut their price target on CDW from $148.00 to $144.00 and set an “equal weight” rating for the company in a report on Thursday, February 5th. JPMorgan Chase & Co. reduced their price objective on CDW from $170.00 to $160.00 and set a “neutral” rating for the company in a research report on Thursday, February 5th. Morgan Stanley boosted their target price on shares of CDW from $141.00 to $142.00 and gave the stock an “equal weight” rating in a research report on Thursday, February 5th. Finally, Raymond James Financial raised shares of CDW from an “outperform” rating to a “strong-buy” rating and set a $185.00 price target for the company in a report on Tuesday, November 25th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $160.43.

CDW 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.