CDW Corporation (CDW)

Over the past six months, CDW's stock declined by 37.95% and reached a 52-week low on May 8, 2026. First-quarter 2026 earnings showed a 9% year-over-year increase in net sales, driven by AI infrastructure demand. Despite strong revenue, the stock plunged 20% due to gross margin pressure. A quarterly cash dividend of $0.63 per share was declared, and analysts have adjusted their price targets for CDW.

CDW experiences demand seasonality. The first quarter typically represents the seasonal trough for product margins. The company generally anticipates a sequential decline in gross profit during the fourth quarter, which is in line with its seasonal patterns.

CDW Corporation is a multi-brand provider of IT services and solutions, serving business, government, education, and healthcare sectors. It offers a wide array of hardware and software, along with integrated IT solutions and services.

CDW's market presence is mainly in North America, with the U.S. generating 85-90% of revenue. The UK and Canada contribute the remaining international revenue. The company is headquartered in Vernon Hills, Illinois, and operates major distribution centers in Illinois and Nevada. CDW has 170 subsidiaries globally, with the majority in the United States, followed by Canada and the United Kingdom.

CDW has maintained a positive brand reputation, particularly in sustainability. The company retained its EcoVadis carbon leader status in April 2026, achieving a gold rating. CDW's technology chief has advocated for individual responsibility in countering tech waste. No significant negative events impacting CDW's brand reputation were identified in the past year.

CDW's ownership is primarily institutional, with financial entities holding over 93% of outstanding shares. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., and State Street Corp. Individual investors and insiders hold smaller positions.