Zacks Research Issues Pessimistic Estimate for CDW Earnings

CDW Corporation (NASDAQ:CDW) – Analysts at Zacks Research reduced their Q3 2026 EPS estimates for CDW in a research report issued to clients and investors on Wednesday, May 27th. Zacks Research analyst Team now anticipates that the information technology services provider will post earnings per share of $2.70 for the quarter, down from their prior forecast of $2.71. The consensus estimate for CDW’s current full-year earnings is $10.08 per share. Zacks Research also issued estimates for CDW’s Q4 2026 earnings at $2.54 EPS, Q3 2027 earnings at $2.66 EPS and Q4 2027 earnings at $3.66 EPS.

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

Several other brokerages have also issued reports on CDW. Barclays reduced 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. Royal Bank Of Canada raised CDW to an “outperform” rating and set a $130.00 target price on the stock in a research report on Wednesday, May 27th. Morgan Stanley upped their target price on CDW from $141.00 to $142.00 and gave the company an “equal weight” rating in a research report on Thursday, February 5th. JPMorgan Chase & Co. raised CDW from a “neutral” rating to an “overweight” rating and set a $130.00 target price on the stock in a research report on Wednesday, May 27th. Finally, UBS Group cut their price objective on CDW from $162.00 to $147.00 and set a “buy” rating on the stock in a report on Thursday, May 7th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, CDW presently has a consensus rating of “Moderate Buy” and an average price target of $140.63.

CDW Trading Up 12.4%

Shares of NASDAQ CDW opened at $140.98 on Tuesday. The company has a debt-to-equity ratio of 1.81, a current ratio of 1.16 and a quick ratio of 1.06. The stock has a market capitalization of $18.01 billion, a P/E ratio of 17.15, a price-to-earnings-growth ratio of 1.68 and a beta of 1.00. CDW has a 1-year low of $97.12 and a 1-year high of $183.91. The business has a fifty day moving average price of $121.20 and a 200 day moving average price of $129.14.

CDW Announces Dividend

The business also recently announced 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. This represents a $2.52 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend is Friday, May 22nd. CDW’s dividend payout ratio (DPR) is 30.66%.

Insider Buying and Selling

In related news, Director David W. Nelms bought 18,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 27th. The shares were purchased at an average cost of $111.43 per share, with a total value of $2,005,740.00. Following the completion of the acquisition, the director directly owned 51,025 shares in the company, valued at approximately $5,685,715.75. The trade was a 54.50% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.82% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On CDW

A number of hedge funds have recently bought and sold shares of the business. Root Financial Partners LLC boosted its position in CDW by 54.7% during the first quarter. Root Financial Partners LLC now owns 263 shares of the information technology services provider’s stock worth $32,000 after purchasing an additional 93 shares in the last quarter. New Mexico Educational Retirement Board boosted its position in CDW by 1.7% during the fourth quarter. New Mexico Educational Retirement Board now owns 6,050 shares of the information technology services provider’s stock worth $824,000 after purchasing an additional 100 shares in the last quarter. Hollencrest Capital Management boosted its position in CDW by 909.1% during the first quarter. Hollencrest Capital Management now owns 222 shares of the information technology services provider’s stock worth $27,000 after purchasing an additional 200 shares in the last quarter. Empowered Funds LLC boosted its position 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 worth $2,897,000 after purchasing an additional 216 shares in the last quarter. Finally, Brown Brothers Harriman & Co. boosted its position in CDW by 38.6% during the fourth quarter. Brown Brothers Harriman & Co. now owns 912 shares of the information technology services provider’s stock worth $124,000 after purchasing an additional 254 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.