Barclays Has Lowered Expectations for CDW (NASDAQ:CDW) Stock Price

CDW (NASDAQ:CDW) had its price target reduced by equities research analysts at Barclays from $150.00 to $148.00 in a research report issued to clients and investors on Monday, Benzinga reports. The firm currently has an “equal weight” rating on the information technology services provider’s stock. Barclays‘s price objective indicates a potential upside of 0.39% from the company’s current price.

CDW has been the subject of several other research reports. JPMorgan Chase & Co. upgraded shares of CDW from a “neutral” rating to an “overweight” rating and set a $130.00 price objective for the company in a research report on Wednesday, May 27th. Royal Bank Of Canada upgraded shares of CDW to an “outperform” rating and set a $130.00 price target on the stock in a research note on Wednesday, May 27th. Morgan Stanley boosted their price target on shares of CDW from $170.00 to $171.00 and gave the company an “overweight” rating in a research report on Thursday, August 6th. Citigroup upped their price objective on shares of CDW from $123.00 to $145.00 and gave the company a “neutral” rating in a research note on Monday, July 13th. Finally, Weiss Ratings raised CDW from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, August 25th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $150.12.

CDW Stock Performance

NASDAQ:CDW opened at $147.43 on Monday. The company has a debt-to-equity ratio of 1.97, a quick ratio of 1.05 and a current ratio of 1.17. The stock has a market capitalization of $18.43 billion, a P/E ratio of 17.72, a PEG ratio of 1.92 and a beta of 0.95. The company has a 50 day moving average price of $142.26 and a 200 day moving average price of $131.30. CDW has a fifty-two week low of $97.12 and a fifty-two week high of $167.00.

CDW (NASDAQ:CDW) last released its quarterly earnings results on Wednesday, August 5th. The information technology services provider reported $2.91 EPS for the quarter, topping analysts’ consensus estimates of $2.80 by $0.11. CDW had a return on equity of 50.61% and a net margin of 4.60%.The company 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 firm earned $2.60 earnings per share. The firm’s revenue was up 10.0% compared to the same quarter last year. Equities research analysts forecast that CDW will post 10.33 EPS for the current year.

Insider Transactions at CDW

In other CDW news, insider Elizabeth Connelly sold 26,695 shares of the firm’s stock in a transaction 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 completion of the sale, the insider owned 34,215 shares of the company’s stock, valued at approximately $4,708,668.30. This trade represents a 43.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.82% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in CDW. Parkside Financial Bank & Trust grew its position in shares of CDW by 48.1% in the second quarter. Parkside Financial Bank & Trust now owns 268 shares of the information technology services provider’s stock valued at $38,000 after purchasing an additional 87 shares during the period. Root Financial Partners LLC grew its stake 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 buying an additional 93 shares during the period. New Mexico Educational Retirement Board grew its stake 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 buying an additional 100 shares during the period. Studio Investment Management LLC increased its position in shares of CDW by 6.0% in the second quarter. Studio Investment Management LLC now owns 2,667 shares of the information technology services provider’s stock worth $375,000 after acquiring an additional 150 shares in the last quarter. Finally, Empirical Finance LLC increased its position in shares of CDW by 3.5% in the second quarter. Empirical Finance LLC now owns 4,562 shares of the information technology services provider’s stock worth $642,000 after acquiring an additional 153 shares in the last quarter. Institutional investors and hedge funds own 93.15% of the company’s stock.

CDW News Summary

Here are the key news stories impacting CDW this week:

• Positive Sentiment: AI demand and advisory opportunity: CDW Canada reported that Canadian organizations are moving from AI experimentation toward measurable business outcomes, with agentic AI gaining traction. The findings could support demand for CDW’s consulting, implementation, cybersecurity and technology-integration services, although training, trust and measurement remain barriers. CDW Canada AI Workplace Trends Report
• Neutral Sentiment: $1.5 billion senior-notes offering completed: CDW LLC and CDW Finance Corporation completed the offering, providing capital that can support operations, investments and refinancing. However, the transaction also increases interest expense and leverage, making its ultimate stock impact dependent on how effectively the proceeds are used. CDW Completes $1.5 Billion Senior Notes Offering
• Negative Sentiment: Barclays trims price target: Barclays lowered its target for CDW from $150 to $148 while maintaining an “equal weight” rating. The revised target signals limited expected upside and may cap enthusiasm, particularly after CDW’s recent advance. The target reduction followed the senior-notes announcement. Barclays Adjusts Price Target on CDW

About CDW

CDW Corporation (NASDAQ: CDW) is a provider of technology products and services for businesses, government agencies, educational institutions and healthcare organizations. The company helps customers design, acquire, configure and manage information technology environments.

Its offerings include computers, servers, networking equipment, software, data storage, cybersecurity products, cloud solutions and collaboration tools. CDW also provides professional, managed and lifecycle services, including solution design, implementation, security support, cloud management and IT asset management.

Founded in 1984, CDW serves customers primarily in the United States, Canada and the United Kingdom through a combination of sales specialists, technology partners and digital commerce platforms.