CDW Co. (NASDAQ:CDW – Free Report) – Equities researchers at Zacks Research lowered their Q2 2025 earnings per share (EPS) estimates for CDW in a research report issued on Wednesday, November 20th. Zacks Research analyst R. Department now anticipates that the information technology services provider will post earnings per share of $2.53 for the quarter, down from their prior forecast of $2.67. The consensus estimate for CDW’s current full-year earnings is $9.05 per share.
A number of other research firms have also issued reports on CDW. Redburn Atlantic started coverage on shares of CDW in a report on Friday, November 15th. They issued a “buy” rating and a $230.00 target price on the stock. JPMorgan Chase & Co. cut shares of CDW from an “overweight” rating to a “neutral” rating and lowered their target price for the stock from $260.00 to $235.00 in a research note on Monday, October 28th. Barclays reduced their price target on CDW from $229.00 to $201.00 and set an “equal weight” rating on the stock in a research note on Thursday, October 31st. Finally, Citigroup downgraded CDW from a “buy” rating to a “neutral” rating and lowered their price objective for the company from $250.00 to $245.00 in a research report on Tuesday, October 1st. Four investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $244.63.
CDW Stock Performance
NASDAQ CDW opened at $178.96 on Friday. The company has a quick ratio of 1.28, a current ratio of 1.40 and a debt-to-equity ratio of 2.39. The stock has a market cap of $23.85 billion, a price-to-earnings ratio of 21.87, a price-to-earnings-growth ratio of 4.86 and a beta of 1.05. CDW has a fifty-two week low of $172.95 and a fifty-two week high of $263.37. The business has a fifty day moving average of $210.32 and a 200-day moving average of $218.74.
CDW (NASDAQ:CDW – Get Free Report) last posted its earnings results on Wednesday, October 30th. The information technology services provider reported $2.63 earnings per share for the quarter, missing the consensus estimate of $2.68 by ($0.05). The business had revenue of $5.52 billion for the quarter, compared to analysts’ expectations of $5.72 billion. CDW had a net margin of 5.33% and a return on equity of 58.31%. The business’s revenue was down 2.0% compared to the same quarter last year. During the same quarter last year, the business posted $2.60 earnings per share.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. RDA Financial Network grew its stake in CDW by 3.0% during the 2nd quarter. RDA Financial Network now owns 1,587 shares of the information technology services provider’s stock valued at $355,000 after purchasing an additional 46 shares in the last quarter. PDS Planning Inc grew its position in shares of CDW by 4.3% during the third quarter. PDS Planning Inc now owns 1,186 shares of the information technology services provider’s stock worth $268,000 after buying an additional 49 shares in the last quarter. Oregon Public Employees Retirement Fund increased its stake in shares of CDW by 0.5% in the second quarter. Oregon Public Employees Retirement Fund now owns 11,541 shares of the information technology services provider’s stock worth $2,583,000 after buying an additional 54 shares during the last quarter. Profund Advisors LLC raised its holdings in CDW by 0.5% in the second quarter. Profund Advisors LLC now owns 12,469 shares of the information technology services provider’s stock valued at $2,791,000 after acquiring an additional 58 shares in the last quarter. Finally, OneAscent Wealth Management LLC boosted its stake in CDW by 2.5% during the 3rd quarter. OneAscent Wealth Management LLC now owns 2,387 shares of the information technology services provider’s stock valued at $540,000 after acquiring an additional 58 shares during the last quarter. Institutional investors and hedge funds own 93.15% of the company’s stock.
CDW Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 10th. Shareholders of record on Monday, November 25th will be given a dividend of $0.625 per share. This represents a $2.50 dividend on an annualized basis and a yield of 1.40%. This is a boost from CDW’s previous quarterly dividend of $0.62. The ex-dividend date is Monday, November 25th. CDW’s payout ratio is 30.32%.
CDW Company Profile
CDW Corporation provides information technology (IT) solutions in the United States, the United Kingdom, and Canada. It operates through three segments: Corporate, Small Business, and Public. The company offers discrete hardware and software products and services, as well as integrated IT solutions, including on-premise and cloud capabilities across hybrid infrastructure, digital experience, and security.
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