Wellington Management Group LLP Raises Stock Position in CDW Corporation $CDW

Posted by Brenda Bartman on Sep 3rd, 2026

Wellington Management Group LLP lifted its holdings in shares of CDW Corporation (NASDAQ:CDW – Free Report) by 11.8% during the 2nd quarter, Holdings Channel reports. The firm owned 492,184 shares of the information technology services provider’s stock after buying an additional 51,923 shares during the period. Wellington Management Group LLP’s holdings in CDW were worth $69,221,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. BlackRock Inc. acquired a new position in shares of CDW in the second quarter valued at approximately $2,143,082,000. Pzena Investment Management LLC acquired a new stake in CDW during the 2nd quarter worth approximately $371,135,000. Jupiter Topco LLC purchased a new position in CDW in the 2nd quarter valued at approximately $300,073,000. Bank of America Corp DE purchased a new position in CDW in the 2nd quarter valued at approximately $255,058,000. Finally, Freestone Grove Partners LP acquired a new position in shares of CDW in the second quarter worth $115,085,000. Hedge funds and other institutional investors own 93.15% of the company’s stock.

Insider Buying and Selling

In other CDW news, insider Elizabeth H. 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 sale, the insider directly owned 34,215 shares in the company, valued at $4,708,668.30. This trade represents a 43.83% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.82% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on CDW. JPMorgan Chase & Co. raised CDW from a “neutral” rating to an “overweight” rating and set a $130.00 price objective on the stock in a research report on Wednesday, May 27th. Raymond James Financial set a $150.00 target price on CDW in a report on Wednesday, May 6th. Citigroup boosted their target price on CDW from $123.00 to $145.00 and gave the stock a “neutral” rating in a research note on Monday, July 13th. Morgan Stanley upped their price target on CDW from $170.00 to $171.00 and gave the stock an “overweight” rating in a report on Thursday, August 6th. Finally, Weiss Ratings raised CDW from a “hold (c-)” rating to a “hold (c)” rating in a research 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 stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $147.00.

Get Our Latest Report on CDW

CDW Trading Down 1.1%

NASDAQ CDW opened at $148.67 on Thursday. CDW Corporation has a 52 week low of $97.12 and a 52 week high of $171.55. The firm has a 50 day moving average of $139.06 and a two-hundred day moving average of $128.88. The company has a quick ratio of 1.05, a current ratio of 1.17 and a debt-to-equity ratio of 1.97. The stock has a market capitalization of $18.59 billion, a PE ratio of 17.87, a price-to-earnings-growth ratio of 1.97 and a beta of 0.95.

CDW (NASDAQ:CDW – Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The information technology services provider reported $2.91 earnings per share for the quarter, beating analysts’ consensus estimates of $2.80 by $0.11. The business had revenue of $6.57 billion for the quarter, compared to analyst estimates of $6.21 billion. CDW had a net margin of 4.60% and a return on equity of 50.61%. The company’s revenue was up 10.0% on a year-over-year basis. During the same period last year, the business earned $2.60 EPS. As a group, research analysts expect that CDW Corporation will post 10.33 EPS for the current fiscal year.

CDW Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Tuesday, August 25th will be issued a $0.63 dividend. This represents a $2.52 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend is Tuesday, August 25th. CDW’s dividend payout ratio is 30.29%.

About CDW

(Free Report)

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.