CDW (NASDAQ:CDW) Stock Price Up 7.8% – Still a Buy?

Posted by Brian Himes on Oct 3rd, 2026

CDW Corporation (NASDAQ:CDW – Get Free Report)’s share price shot up 7.8% during trading on Thursday. The company traded as high as $137.57 and last traded at $138.1790. Approximately 919,399 shares were traded during mid-day trading, a decline of 50% from the average daily volume of 1,851,018 shares. The stock had previously closed at $128.16.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the stock. Morgan Stanley upped their price objective on shares of CDW from $170.00 to $171.00 and gave the company an “overweight” rating in a report on Thursday, August 6th. Citigroup lifted their target price on shares of CDW from $123.00 to $145.00 and gave the stock a “neutral” rating in a research note on Monday, July 13th. Barclays dropped their target price on shares of CDW from $150.00 to $148.00 and set an “equal weight” rating on the stock in a research report on Monday, September 21st. Finally, Weiss Ratings raised shares of CDW from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, August 25th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, CDW currently has a consensus rating of “Moderate Buy” and a consensus target price of $150.12.

Check Out Our Latest Stock Report on CDW

CDW Price Performance

The company has a debt-to-equity ratio of 1.97, a quick ratio of 1.05 and a current ratio of 1.17. The firm has a market cap of $16.66 billion, a PE ratio of 16.02, a price-to-earnings-growth ratio of 1.78 and a beta of 0.95. The stock has a 50 day simple moving average of $142.79 and a two-hundred day simple moving average of $132.08.

CDW (NASDAQ:CDW – Get Free Report) last posted its 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. CDW had a return on equity of 50.61% and a net margin of 4.60%.The firm had revenue of $6.57 billion for the quarter, compared to analyst estimates of $6.21 billion. During the same period last year, the company earned $2.60 earnings per share. CDW’s revenue for the quarter was up 10.0% compared to the same quarter last year. Sell-side analysts expect that CDW Corporation will post 10.33 earnings per share for the current year.

CDW Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Investors of record on Tuesday, August 25th were issued a dividend of $0.63 per share. The ex-dividend date of this dividend was Tuesday, August 25th. This represents a $2.52 dividend on an annualized basis and a yield of 1.9%. CDW’s dividend payout ratio is 30.29%.

Insider Buying and Selling

In other CDW news, insider Elizabeth Connelly sold 26,695 shares of CDW stock in a transaction on 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 completion of the transaction, the insider owned 34,215 shares of the company’s stock, valued at approximately $4,708,668.30. The trade was a 43.83% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.82% of the company’s stock.

Institutional Investors Weigh In On CDW

A number of institutional investors have recently modified their holdings of CDW. Allied Private Wealth LLC acquired a new stake in CDW in the 2nd quarter valued at $28,000. Keating Financial Advisory Services Inc. acquired a new position in CDW during the second quarter worth $28,000. Community Bank N.A. purchased a new position in CDW during the second quarter valued at $31,000. Hollencrest Capital Management lifted its holdings in CDW by 909.1% during the first quarter. Hollencrest Capital Management now owns 222 shares of the information technology services provider’s stock valued at $27,000 after purchasing an additional 200 shares in the last quarter. Finally, Root Financial Partners LLC grew its position in shares of CDW by 54.7% in the first quarter. Root Financial Partners LLC now owns 263 shares of the information technology services provider’s stock valued at $32,000 after purchasing an additional 93 shares during the period. 93.15% of the stock is currently owned by institutional investors and hedge funds.

About CDW

(Get Free Report)

CDW Corporation (NASDAQ: CDW) is a provider of technology products and services for businesses, government agencies, educational institutions and healthcare organizations. The company helps customers plan, acquire, implement and manage information technology through a broad portfolio of hardware, software and cloud-based solutions.

Its offerings include computers, servers, networking equipment, data storage, cybersecurity products, collaboration tools and software. CDW also provides professional and managed services, including cloud adoption, data center modernization, security, virtualization, configuration, technical support and lifecycle management.

Founded in 1984 as Computer Discount Warehouse, the company is headquartered in Vernon Hills, Illinois.