Allstate Corp Takes $823,000 Position in CDW Corporation $CDW

Allstate Corp bought a new position in shares of CDW Corporation (NASDAQ:CDW) during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor bought 5,169 shares of the information technology services provider’s stock, valued at approximately $823,000.

A number of other hedge funds also recently added to or reduced their stakes in CDW. Quent Capital LLC purchased a new position in CDW in the 3rd quarter valued at approximately $57,000. Steph & Co. increased its position in shares of CDW by 917.6% during the second quarter. Steph & Co. now owns 692 shares of the information technology services provider’s stock worth $124,000 after acquiring an additional 624 shares during the period. CX Institutional raised its stake in shares of CDW by 32.7% in the second quarter. CX Institutional now owns 1,208 shares of the information technology services provider’s stock valued at $216,000 after acquiring an additional 298 shares in the last quarter. V Square Quantitative Management LLC boosted its holdings in CDW by 12.1% in the second quarter. V Square Quantitative Management LLC now owns 1,423 shares of the information technology services provider’s stock valued at $254,000 after purchasing an additional 154 shares during the period. Finally, Cary Street Partners Investment Advisory LLC boosted its holdings in CDW by 15.5% in the second quarter. Cary Street Partners Investment Advisory LLC now owns 1,427 shares of the information technology services provider’s stock valued at $255,000 after purchasing an additional 192 shares during the period. 93.15% of the stock is currently owned by institutional investors and hedge funds.

CDW News Roundup

Here are the key news stories impacting CDW this week:

• Positive Sentiment: Unusually large call buying — Traders bought ~3,680 CDW call options (a ~2,244% jump vs. average), signaling short‑term bullish interest or positioning ahead of events. Elevated call volume can lift stock volatility and indicates directional bets from options market participants. Options Activity
• Positive Sentiment: Analyst consensus remains constructive — Street consensus classifies CDW as a “Moderate Buy,” supporting demand from investors who follow analyst views and model‑driven buy lists. Analyst Consensus
• Neutral Sentiment: Upcoming earnings date set for Feb. 4 — Management will report Q4 and full‑year 2025 results and host a webcast; this provides a clear catalyst that could drive volatility and re‑rate consensus depending on guidance and margin commentary. Investors are likely positioning into this event. Earnings Release
• Neutral Sentiment: Partnership news in commercial solutions — A Geotab/CDWare tie‑up highlights CDW’s ecosystem reach into telematics/industry verticals; strategic partnerships support cross‑sell but are unlikely to move near‑term revenue meaningfully on their own. Partnership Announcement
• Negative Sentiment: Price‑target cut by Citigroup to $148 (neutral rating) — Citigroup trimmed its target from $160 to $148, reducing upside and signaling more cautious near‑term expectations; analyst revisions can weigh on sentiment and institutional flows. Citigroup Price Target
• Negative Sentiment: Sector and peer weakness / underperformance — Recent coverage notes U.S. IT hardware stocks sliding amid macro uncertainty and CDW underperformed peers on Tuesday, which can pressure multiple and create headwinds for near‑term shares. Sector Weakness Peer Underperformance

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on CDW shares. Weiss Ratings restated a “hold (c-)” rating on shares of CDW in a report on Thursday, October 30th. Citigroup cut their target price on shares of CDW from $160.00 to $148.00 and set a “neutral” rating on the stock in a research note on Tuesday. Evercore ISI reiterated an “outperform” rating and issued a $180.00 price target on shares of CDW in a research note on Tuesday. Barclays lowered their price target on shares of CDW from $176.00 to $148.00 and set an “equal weight” rating for the company in a report on Wednesday, November 5th. Finally, UBS Group reduced their price objective on shares of CDW from $200.00 to $190.00 and set a “buy” rating on the stock in a report on Wednesday, November 5th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $171.00.

Insider Transactions at CDW

In other CDW news, insider Sona Chawla sold 7,400 shares of CDW stock in a transaction that occurred on Monday, December 8th. The stock was sold at an average price of $146.17, for a total transaction of $1,081,658.00. Following the transaction, the insider owned 28,110 shares of the company’s stock, valued at $4,108,838.70. The trade was a 20.84% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 0.84% of the stock is owned by corporate insiders.

CDW Trading Up 2.3%

NASDAQ CDW opened at $127.62 on Thursday. The firm’s fifty day moving average price is $139.44 and its 200 day moving average price is $155.22. CDW Corporation has a 12 month low of $124.00 and a 12 month high of $222.92. The company has a debt-to-equity ratio of 2.21, a current ratio of 1.39 and a quick ratio of 1.30. The company has a market capitalization of $16.61 billion, a price-to-earnings ratio of 16.11, a price-to-earnings-growth ratio of 1.62 and a beta of 1.08.

CDW (NASDAQ:CDW) last announced its quarterly earnings results on Tuesday, November 4th. The information technology services provider reported $2.71 earnings per share for the quarter, beating analysts’ consensus estimates of $2.62 by $0.09. The firm had revenue of $5.74 billion during the quarter, compared to analysts’ expectations of $5.75 billion. CDW had a net margin of 4.76% and a return on equity of 51.89%. On average, sell-side analysts expect that CDW Corporation will post 9.41 earnings per share for the current fiscal year.

CDW Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Tuesday, November 25th were given a $0.63 dividend. This is a boost from CDW’s previous quarterly dividend of $0.63. The ex-dividend date of this dividend was Tuesday, November 25th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 2.0%. CDW’s payout ratio is currently 31.82%.

CDW Company Profile

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.