Rep. April McClain Delaney Acquires Shares of CDW Corporation (NASDAQ:CDW)

Key Points

• Representative April McClain Delaney purchased between $1,001 and $15,000 in shares of CDW Corporation (NASDAQ:CDW) on July 9th, according to a filing.
• CDW reported earnings of $2.60 per share, exceeding analysts' estimates, with quarterly revenue reaching $5.98 billion, representing a 10.2% year-over-year increase.
• The company has announced a quarterly dividend of $0.625 per share, scheduled to be paid on September 10th, indicating a 1.5% yield.

Representative April McClain Delaney (D-Maryland) recently bought shares of CDW Corporation NASDAQ: CDW. In a filing disclosed on August 05th, the Representative disclosed that they had bought between $1,001 and $15,000 in CDW stock on July 9th.

Representative April McClain Delaney also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Entegris NASDAQ: ENTG on 7/28/2025.
• Purchased $1,001 - $15,000 in shares of Brown & Brown NYSE: BRO on 7/25/2025.
• Purchased $1,001 - $15,000 in shares of Markel Group NYSE: MKL on 7/25/2025.
• Purchased $1,001 - $15,000 in shares of PTC NASDAQ: PTC on 7/11/2025.
• Sold $1,001 - $15,000 in shares of Entegris NASDAQ: ENTG on 7/9/2025.
• Sold $1,001 - $15,000 in shares of IDEXX Laboratories NASDAQ: IDXX on 7/9/2025.
• Purchased $1,001 - $15,000 in shares of Markel Group NYSE: MKL on 7/9/2025.
• Sold $1,001 - $15,000 in shares of STERIS NYSE: STE on 6/26/2025.
• Purchased $1,001 - $15,000 in shares of Paychex NASDAQ: PAYX on 6/26/2025.
• Sold $1,001 - $15,000 in shares of Clean Harbors NYSE: CLH on 6/20/2025.

CDW Trading Up 0.6%

Shares of NASDAQ CDW traded up $1.04 during midday trading on Friday, reaching $162.92. 1,066,641 shares of the stock were exchanged, compared to its average volume of 1,336,824. The business has a 50-day simple moving average of $176.50 and a two-hundred day simple moving average of $175.14. The company has a debt-to-equity ratio of 2.28, a current ratio of 1.35 and a quick ratio of 1.20. The company has a market capitalization of $21.45 billion, a price-to-earnings ratio of 20.24, a P/E/G ratio of 2.78 and a beta of 0.95. CDW Corporation has a 12 month low of $137.31 and a 12 month high of $231.38.

CDW (NASDAQ:CDW - Get Free Report) last released its quarterly earnings results on Wednesday, August 6th. The information technology services provider reported $2.60 earnings per share for the quarter, beating the consensus estimate of $2.49 by $0.11. The company had revenue of $5.98 billion during the quarter, compared to analysts' expectations of $5.51 billion. CDW had a net margin of 4.92% and a return on equity of 53.63%. The business's quarterly revenue was up 10.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.50 earnings per share. As a group, equities research analysts expect that CDW Corporation will post 9.41 EPS for the current year.

CDW Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 10th. Shareholders of record on Monday, August 25th will be issued a dividend of $0.625 per share. The ex-dividend date is Monday, August 25th. This represents a $2.50 dividend on an annualized basis and a yield of 1.5%. CDW's dividend payout ratio (DPR) is 31.06%.

Wall Street Analyst Weigh In

Several equities analysts have commented on the stock. UBS Group decreased their price objective on shares of CDW from $210.00 to $200.00 and set a "buy" rating on the stock in a report on Thursday. JPMorgan Chase & Co. upped their price target on shares of CDW from $185.00 to $205.00 and gave the company a "neutral" rating in a research note on Thursday, July 17th. Citigroup raised their price objective on shares of CDW from $180.00 to $200.00 and gave the stock a "neutral" rating in a research report on Friday, July 11th. Finally, Barclays cut their target price on CDW from $205.00 to $176.00 and set an "equal weight" rating for the company in a research report on Thursday. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $202.00.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of CDW. Vestcor Inc boosted its position in CDW by 1.8% in the first quarter. Vestcor Inc now owns 4,068 shares of the information technology services provider's stock valued at $652,000 after buying an additional 71 shares during the last quarter. TD Private Client Wealth LLC grew its stake in CDW by 30.3% during the 1st quarter. TD Private Client Wealth LLC now owns 310 shares of the information technology services provider's stock valued at $50,000 after acquiring an additional 72 shares in the last quarter. GW&K Investment Management LLC grew its holdings in CDW by 78.9% in the 1st quarter. GW&K Investment Management LLC now owns 170 shares of the information technology services provider's stock valued at $27,000 after buying an additional 75 shares in the last quarter. Benin Management CORP grew its position in CDW by 2.5% in the first quarter. Benin Management CORP now owns 3,248 shares of the information technology services provider's stock worth $521,000 after acquiring an additional 80 shares during the period. Finally, GAMMA Investing LLC raised its stake in shares of CDW by 4.0% in the 1st quarter. GAMMA Investing LLC now owns 2,098 shares of the information technology services provider's stock valued at $336,000 after acquiring an additional 81 shares during the period. 93.15% of the stock is currently owned by institutional investors.

Insider Buying and Selling at CDW

In other CDW news, insider Frederick J. Kulevich sold 28,159 shares of the stock in a transaction dated Tuesday, May 13th. The stock was sold at an average price of $190.90, for a total value of $5,375,553.10. Following the sale, the insider owned 36,077 shares of the company's stock, valued at $6,887,099.30. This trade represents a 43.84% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 0.84% of the company's stock.

About Representative McClain Delaney

April McClain-Delaney (Democratic Party) is a member of the U.S. House, representing Maryland's 6th Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027. McClain-Delaney (Democratic Party) is running for re-election to the U.S. House to represent Maryland's 6th Congressional District. She declared candidacy for the 2026 election. April McClain-Delaney grew up in Buhl, Idaho, where her father was a potato farmer. She obtained her bachelor's degree in communications from Northwestern University in 1986 and her law degree from Georgetown Law Center in 1989. McClain-Delaney worked in communications law, first with the satellite firm Orion Network Systems and later as the Washington director for Common Sense Media, a nonprofit focused on technology and children. In 2022, McClain-Delaney joined the U.S. Department of Commerce under President Joe Biden (D) as deputy assistant secretary for communications and information. McClain-Delaney served on the board of the Georgetown University Law Center, the International Center for Research on Women, and the Northwestern University School of Communications.

CDW Company Profile

CDW Corporation provides information technology (IT) solutions in the United States, the United Kingdom, and Canada. It operates through three segments: Corporate, Small Business, and Public. The company offers discrete hardware and software products and services, as well as integrated IT solutions, including on-premise and cloud capabilities across hybrid infrastructure, digital experience, and security.