CDW Corporation (NASDAQ:CDW) Receives $160.43 Consensus Price Target from Analysts

CDW Corporation (NASDAQ:CDW) has been assigned a consensus rating of “Moderate Buy” from the eight analysts that are covering the firm, MarketBeat Ratings reports. Five analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $146.00.

Several brokerages recently issued reports on CDW. Barclays cut their target price on shares of CDW from $144.00 to $123.00 and set an “equal weight” rating for the company in a research note on Thursday. Citigroup raised their target price on shares of CDW from $148.00 to $150.00 and gave the stock a “neutral” rating in a report on Thursday, February 5th. JPMorgan Chase & Co. lowered their target price on shares of CDW from $160.00 to $130.00 and set a “neutral” rating on the stock in a report on Thursday. Evercore reaffirmed an “outperform” rating and set a $180.00 target price on shares of CDW in a report on Tuesday, January 20th. Finally, Morgan Stanley raised their target price on shares of CDW from $141.00 to $142.00 and gave the stock an “equal weight” rating in a report on Thursday, February 5th.

Institutional Trading of CDW

Several large investors have recently made changes to their positions in CDW. Jones Financial Companies Lllp boosted its position in shares of CDW by 316.0% during the 1st quarter. Jones Financial Companies Lllp now owns 4,896 shares of the information technology services provider’s stock worth $785,000 after acquiring an additional 3,719 shares in the last quarter. Empowered Funds LLC boosted its position in CDW by 1.2% in 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 buying an additional 216 shares in the last quarter. California State Teachers Retirement System boosted its position in CDW by 0.6% in the second quarter. California State Teachers Retirement System now owns 225,709 shares of the information technology services provider’s stock valued at $40,309,000 after buying an additional 1,242 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S boosted its position in CDW by 1,339.7% in the second quarter. BI Asset Management Fondsmaeglerselskab A S now owns 49,380 shares of the information technology services provider’s stock valued at $8,819,000 after buying an additional 45,950 shares in the last quarter. Finally, State of Tennessee Department of Treasury boosted its position in CDW by 17.7% in the second quarter. State of Tennessee Department of Treasury now owns 40,927 shares of the information technology services provider’s stock valued at $7,309,000 after buying an additional 6,143 shares in the last quarter. Institutional investors and hedge funds own 93.15% of the company’s stock.

Trending Headlines about CDW

Here are the key news stories impacting CDW this week:

• Positive Sentiment: Q1 revenue beat and AI/cloud demand—CDW reported $5.68B in Q1 sales (up ~9.2% YoY), with management citing strong demand for AI and cloud infrastructure. This underpins growth expectations. Revenue Beat (Reuters)
• Positive Sentiment: Management’s “Geared for Growth” AI-first initiative targets $100M–$200M run-rate improvements (up to $200M cost savings), which could restore margins over 2027–2028 if execution is successful. AI Initiative (CRN)
• Positive Sentiment: Board declared a $0.63 quarterly dividend, signaling shareholder-friendly capital allocation alongside buybacks and M&A. That supports income-seeking investors. Dividend (BusinessWire)
• Neutral Sentiment: Earnings were essentially in-line: reported EPS $2.28 (consensus ~$2.28) — a $0.03 miss on some measure — so the headline EPS beat/miss interpretation is mixed. Earnings Release (BusinessWire)
• Neutral Sentiment: Analyst price targets remain wide (median ~$150) even after recent moves, indicating varied views; JPMorgan trimmed its PT to $130 and moved to Neutral, reducing near-term analyst support. Analyst Targets (Quiver) JPMorgan Downgrade (Benzinga)
• Negative Sentiment: Shares plunged (~20% intraday) after the print as investors punished margin compression and any EPS weakness despite the revenue beat; the drop drove the stock to a 52‑week low and heavy trading volume. Shares Sink 20% (MSN)
• Negative Sentiment: Margin pressure: gross and operating margins declined YoY in Q1 (management highlighted non-GAAP adjustments), which is the primary reason investors are concerned about near-term profitability. Margin Details (BusinessWire)
• Negative Sentiment: Significant institutional trading: some large holders (e.g., UBS, Macquarie) reduced positions materially while others (Harris, BlackRock) added; insider and congressional sales were also reported—net flows increase volatility and can amplify sell pressure. Institutional & Insider Activity (Quiver)

CDW Trading Up 1.1%

CDW stock opened at $110.20 on Friday. The firm has a 50-day moving average of $125.02 and a 200-day moving average of $134.26. CDW has a one year low of $106.00 and a one year high of $192.30. The company has a debt-to-equity ratio of 1.81, a current ratio of 1.16 and a quick ratio of 1.10. The company has a market cap of $14.10 billion, a price-to-earnings ratio of 13.41, a P/E/G ratio of 1.50 and a beta of 1.04.

CDW (NASDAQ:CDW) last posted its quarterly earnings data 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 net margin of 4.70% and a return on equity of 49.67%. The company had revenue of $5.68 billion during the quarter, compared to the consensus estimate of $5.48 billion. During the same period in the prior year, the business posted $2.15 EPS. The company’s quarterly revenue was up 9.2% on a year-over-year basis. On average, equities analysts expect that CDW will post 10.01 earnings per share for the current fiscal year.

CDW Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Monday, May 25th will be given a dividend of $0.63 per share. The ex-dividend date is Friday, May 22nd. This represents a $2.52 annualized dividend and a dividend yield of 2.3%. CDW’s dividend payout ratio (DPR) is currently 31.15%.

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.