PC Connection (NASDAQ:CNXN) Rating Increased to Strong-Buy at Zacks Research

Posted by Brenda Bartman on Aug 1st, 2026

Zacks Research upgraded shares of PC Connection (NASDAQ:CNXN – Free Report) from a hold rating to a strong-buy rating in a research report report published on Thursday morning,Zacks.com reports.

Several other research analysts have also weighed in on CNXN. Wall Street Zen upgraded PC Connection from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Weiss Ratings raised PC Connection from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday. One analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company’s stock. According to data from MarketBeat.com, PC Connection has a consensus rating of “Strong Buy”.

Check Out Our Latest Report on PC Connection

PC Connection Stock Performance

CNXN opened at $83.72 on Thursday. The firm’s fifty day moving average is $74.23 and its two-hundred day moving average is $65.93. The firm has a market cap of $2.11 billion, a PE ratio of 22.15, a price-to-earnings-growth ratio of 1.98 and a beta of 0.88. PC Connection has a twelve month low of $54.97 and a twelve month high of $88.31.

PC Connection (NASDAQ:CNXN – Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $1.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.00 by $0.31. PC Connection had a net margin of 3.21% and a return on equity of 10.90%. The company had revenue of $854.00 million during the quarter, compared to analyst estimates of $764.79 million. Equities analysts forecast that PC Connection will post 4.18 EPS for the current fiscal year.

PC Connection Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Tuesday, August 11th will be given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend is Tuesday, August 11th. PC Connection’s dividend payout ratio is currently 23.26%.

Insider Buying and Selling

In other news, Chairman Patricia Gallup sold 7,142 shares of the firm’s stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $72.86, for a total transaction of $520,366.12. Following the completion of the transaction, the chairman directly owned 7,006,321 shares of the company’s stock, valued at $510,480,548.06. This trade represents a 0.10% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In the last quarter, insiders sold 28,592 shares of company stock valued at $2,048,512. Insiders own 56.60% of the company’s stock.

Hedge Funds Weigh In On PC Connection

Large investors have recently modified their holdings of the business. EverSource Wealth Advisors LLC boosted its holdings in shares of PC Connection by 625.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 580 shares of the company’s stock valued at $38,000 after buying an additional 500 shares during the last quarter. PNC Financial Services Group Inc. increased its position in PC Connection by 196.7% during the third quarter. PNC Financial Services Group Inc. now owns 629 shares of the company’s stock worth $39,000 after buying an additional 417 shares during the last quarter. Parallel Advisors LLC lifted its position in shares of PC Connection by 200.4% in the first quarter. Parallel Advisors LLC now owns 709 shares of the company’s stock valued at $41,000 after buying an additional 473 shares during the last quarter. Meeder Asset Management Inc. bought a new position in PC Connection during the first quarter worth $44,000. Finally, Quarry LP bought a new position in shares of PC Connection in the third quarter valued at about $75,000. 42.85% of the stock is currently owned by institutional investors and hedge funds.

PC Connection News Summary

Here are the key news stories impacting PC Connection this week:

Positive Sentiment: The earnings and revenue beat, along with reports highlighting record revenue and profit, reinforces investor confidence in PC Connection’s operating momentum. PC Connection Q2 Earnings Call Highlights
Positive Sentiment: Sidoti raised its FY2026 EPS estimate to $4.08 from $3.93 and its FY2027 estimate to $4.55 from $4.44, implying expectations for continued earnings growth.
Positive Sentiment: The company declared a quarterly dividend of $0.20 per share, payable August 28 to shareholders of record August 11. The dividend provides ongoing shareholder income, although the indicated yield is approximately 1%.
Neutral Sentiment: A Zacks comparison examines CNXN’s year-to-date performance against retail and wholesale peers, including CarMax, potentially giving investors additional context on its relative strength. PC Connection Peer Performance Comparison
Negative Sentiment: Sidoti lowered several near-term forecasts, including Q3 2026 EPS to $1.00 from $1.06, Q4 2026 to $1.00 from $1.05, Q1 2027 to $0.81 from $0.82, and Q4 2027 to $1.18 from $1.21. These reductions signal some caution around quarterly performance despite higher annual estimates.

PC Connection Company Profile

(Get Free Report)

PC Connection, Inc (NASDAQ: CNXN), now operating under the trade name Connection, is a value-added provider of information technology solutions founded in 1982 and headquartered in Merrimack, New Hampshire. The company offers a broad portfolio of hardware and software products sourced from leading technology vendors, alongside professional services designed to help organizations design, deploy and maintain IT environments.

Connection’s product offerings encompass desktop and notebook computers, servers and storage systems, networking and cybersecurity solutions, as well as cloud and virtualization technologies.