Mitsubishi UFJ Asset Management Co. Ltd. Takes Position in CDW Corporation $CDW

Posted by Francis Steltz on Aug 20th, 2026

Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in CDW Corporation (NASDAQ:CDW – Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 318,903 shares of the information technology services provider’s stock, valued at approximately $44,850,000. Mitsubishi UFJ Asset Management Co. Ltd. owned approximately 0.25% of CDW at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the stock. Flputnam Investment Management Co. purchased a new position in CDW during the second quarter valued at approximately $269,000. Global Retirement Partners LLC acquired a new position in CDW in the 2nd quarter valued at approximately $246,000. Centric Wealth Management purchased a new stake in CDW in the 2nd quarter worth approximately $321,000. State of Wyoming purchased a new stake in CDW in the 2nd quarter worth approximately $224,000. Finally, One Wealth Advisors LLC purchased a new stake in CDW in the 2nd quarter worth approximately $262,000. 93.15% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have recently commented on CDW. JPMorgan Chase & Co. upgraded shares of CDW from a “neutral” rating to an “overweight” rating and set a $130.00 price target on the stock in a report on Wednesday, May 27th. Weiss Ratings upgraded CDW from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, June 11th. Barclays reduced their price objective on CDW from $144.00 to $123.00 and set an “equal weight” rating for the company in a research report on Thursday, May 7th. Morgan Stanley boosted their target price on CDW from $170.00 to $171.00 and gave the company an “overweight” rating in a research note on Thursday, August 6th. Finally, Citigroup upped their target price on CDW from $123.00 to $145.00 and gave the stock a “neutral” rating in a research report on Monday, July 13th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $147.00.

Read Our Latest Stock Report on CDW

CDW Price Performance

NASDAQ CDW opened at $137.20 on Thursday. 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 $17.15 billion, a PE ratio of 16.49, a price-to-earnings-growth ratio of 1.78 and a beta of 0.96. CDW Corporation has a 12-month low of $97.12 and a 12-month high of $171.55. The company has a 50 day moving average price of $136.18 and a two-hundred day moving average price of $128.28.

CDW (NASDAQ:CDW – Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The information technology services provider reported $2.91 EPS for the quarter, topping the consensus estimate of $2.80 by $0.11. The company 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%. CDW’s quarterly revenue was up 10.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $2.60 EPS. As a group, equities analysts predict that CDW Corporation will post 10.28 earnings per share for the current fiscal year.

CDW Dividend Announcement

The firm also recently disclosed 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. The ex-dividend date is Tuesday, August 25th. This represents a $2.52 dividend on an annualized basis and a yield of 1.8%. CDW’s dividend payout ratio is currently 30.29%.

Insider Buying and Selling at CDW

In other CDW news, Director David W. Nelms bought 18,000 shares of the stock in a transaction on Wednesday, May 27th. The shares were purchased at an average cost of $111.43 per share, with a total value of $2,005,740.00. Following the completion of the transaction, the director directly owned 51,025 shares of the company’s stock, valued at $5,685,715.75. This represents a 54.50% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Elizabeth H. Connelly sold 26,695 shares of the firm’s stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $137.62, for a total value of $3,673,765.90. Following the transaction, the insider owned 34,215 shares in the company, valued at approximately $4,708,668.30. This trade represents a 43.83% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.82% of the company’s stock.

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.