CDW (NASDAQ:CDW) Reaches New 12-Month High – What’s Next?

Posted by George Bondi on Oct 22nd, 2026

CDW Corporation (NASDAQ:CDW – Get Free Report) shares hit a new 52-week high during mid-day trading on Thursday. The company traded as high as $163.03 and last traded at $164.55, with a volume of 838,896 shares. The stock had previously closed at $158.28.

Analyst Ratings Changes

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

View Our Latest Analysis on CDW

CDW Stock Up 4.0%

The firm’s 50-day moving average price is $143.86 and its 200-day moving average price is $134.61. The company has a debt-to-equity ratio of 1.97, a current ratio of 1.17 and a quick ratio of 1.05. The company has a market cap of $20.58 billion, a price-to-earnings ratio of 19.79, a price-to-earnings-growth ratio of 2.03 and a beta of 0.95.

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 analysts’ consensus estimates of $2.80 by $0.11. CDW had a net margin of 4.60% and a return on equity of 50.61%. The business had revenue of $6.57 billion for the quarter, compared to analysts’ expectations of $6.21 billion. During the same period in the previous year, the company posted $2.60 earnings per share. The business’s revenue for the quarter was up 10.0% compared to the same quarter last year. Sell-side analysts forecast that CDW Corporation will post 10.33 earnings per share for the current fiscal year.

CDW Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Investors of record on Tuesday, August 25th were issued a $0.63 dividend. The ex-dividend date of this dividend was Tuesday, August 25th. This represents a $2.52 annualized dividend and a yield of 1.5%. CDW’s dividend payout ratio is currently 30.29%.

Insider Transactions at CDW

In other CDW news, insider Elizabeth Connelly sold 26,695 shares of the stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $137.62, for a total transaction of $3,673,765.90. Following the transaction, the insider owned 34,215 shares of the company’s stock, valued at $4,708,668.30. This trade represents a 43.83% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.82% of the stock is owned by insiders.

Institutional Trading of CDW

A number of institutional investors and hedge funds have recently modified their holdings of CDW. Union Savings Bank lifted its holdings in shares of CDW by 500.0% in the 3rd quarter. Union Savings Bank now owns 192 shares of the information technology services provider’s stock worth $25,000 after purchasing an additional 160 shares during the last quarter. Allied Private Wealth LLC acquired a new position in shares of CDW during the second quarter valued at $28,000. Keating Financial Advisory Services Inc. acquired a new position in shares of CDW during the second quarter valued at $28,000. Community Bank N.A. acquired a new position in shares of CDW during the second quarter valued at $31,000. Finally, Hollencrest Capital Management grew its position in shares of CDW by 909.1% during the first quarter. Hollencrest Capital Management now owns 222 shares of the information technology services provider’s stock worth $27,000 after acquiring an additional 200 shares during the last quarter. 93.15% of the stock is owned by institutional investors and hedge funds.

CDW Company Profile

(Get Free Report)

CDW Corporation (NASDAQ: CDW) is a provider of technology products and services for business, government, education and healthcare organizations. The company helps customers plan, procure, implement and manage information technology solutions from leading hardware, software and cloud vendors.

Its offerings include computers, servers, networking equipment, data-storage systems, cybersecurity products, collaboration tools, software licensing and cloud solutions. CDW also provides professional and managed services, including technology consulting, infrastructure deployment, cloud management, security support and lifecycle services.

Founded in 1984 as Computer Discount Warehouse, CDW serves customers primarily in the United States, Canada and the United Kingdom through sales teams, digital channels and technology partnerships.