Sidoti Has Positive Outlook of PC Connection FY2026 Earnings

Key Points

• Sidoti analyst A. Lebiedzinski raised PC Connection's FY2026 EPS estimate to $3.93 (from $3.79), which matches the current consensus forecast.
• The company beat its latest quarter estimates, reporting $0.77 EPS versus $0.62 expected and revenue of $721.87 million versus a $696.09 million consensus.
• Connection announced a quarterly dividend of $0.20 per share (annualized $0.80), a 1.2% yield, with an ex-dividend/record date of May 12 and payment on May 29.

PC Connection, Inc. (NASDAQ:CNXN - Free Report) - Analysts at Sidoti upped their FY2026 earnings per share (EPS) estimates for shares of PC Connection in a research report issued to clients and investors on Thursday, April 30th. Sidoti analyst A. Lebiedzinski now expects that the company will post earnings per share of $3.93 for the year, up from their previous forecast of $3.79. The consensus estimate for PC Connection's current full-year earnings is $3.93 per share.

Separately, Wall Street Zen raised PC Connection from a "hold" rating to a "buy" rating in a report on Saturday. Two investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company presently has a consensus rating of "Hold".

PC Connection Price Performance

NASDAQ CNXN opened at $64.30 on Monday. PC Connection has a twelve month low of $54.97 and a twelve month high of $71.17. The company has a market cap of $1.62 billion, a price-to-earnings ratio of 18.69, a price-to-earnings-growth ratio of 1.64 and a beta of 0.86. The business's fifty day moving average is $61.02 and its 200 day moving average is $60.14.

PC Connection (NASDAQ:CNXN - Get Free Report) last released its quarterly earnings data on Wednesday, April 29th. The company reported $0.77 earnings per share for the quarter, beating the consensus estimate of $0.62 by $0.15. PC Connection had a return on equity of 10.17% and a net margin of 3.02%.The company had revenue of $721.87 million for the quarter, compared to the consensus estimate of $696.09 million.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of CNXN. Amundi bought a new position in PC Connection during the 1st quarter worth $519,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in PC Connection by 4.7% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 6,900 shares of the company's stock worth $431,000 after purchasing an additional 312 shares during the last quarter. Millennium Management LLC raised its position in PC Connection by 98.8% during the 1st quarter. Millennium Management LLC now owns 115,237 shares of the company's stock worth $7,193,000 after purchasing an additional 57,257 shares during the last quarter. Invesco Ltd. raised its position in PC Connection by 2.4% during the 2nd quarter. Invesco Ltd. now owns 179,487 shares of the company's stock worth $11,807,000 after purchasing an additional 4,146 shares during the last quarter. Finally, EverSource Wealth Advisors LLC raised its position in PC Connection by 625.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 580 shares of the company's stock worth $38,000 after purchasing an additional 500 shares during the last quarter. 42.85% of the stock is owned by institutional investors.

PC Connection Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 29th. Investors of record on Tuesday, May 12th will be given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Tuesday, May 12th. PC Connection's dividend payout ratio (DPR) is currently 23.26%.

PC Connection Company Profile

PC Connection, Inc NASDAQ: CNXN, now operating under the trade name Connection, is a value-added provider of information technology solutions founded in 1982 and headquartered in Merrimack, New Hampshire. The company offers a broad portfolio of hardware and software products sourced from leading technology vendors, alongside professional services designed to help organizations design, deploy and maintain IT environments.

Connection's product offerings encompass desktop and notebook computers, servers and storage systems, networking and cybersecurity solutions, as well as cloud and virtualization technologies.

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