Type
|
Public |
---|---|
Traded as | NASDAQ: CDW |
Industry | B2B IT products and services |
Founded | 1984 (1984) |
Founder | Michael Krasny |
Headquarters | Lincolnshire, Illinois, United States |
Key people
|
Thomas E. Richards, Chairman & CEO |
Products | Desktops, servers, laptops, peripherals, software, telephony products, power, storage |
Revenue | US$ 13.982 billion (2016) |
Operating income
|
US$ 819.2 million (2016) |
Net income
|
US$ 424.4 million (2016) |
Total assets | US$ 6,948.4 million (2016) |
Total equity | US$ 1,045.5 million (2016) |
Number of employees
|
8,516 (2016) |
Website | www |
CDW Corporation, headquartered in Lincolnshire, Illinois, is a provider of technology products and services for business, government and education. The company has a secondary division known as CDW-G, devoted solely to United States governmental entities, such as K-12 schools, universities, non-profit healthcare organizations, State & Local and the Federal government.
CDW was originally incorporated as "MPK Computing" by its founder Michael Krasny. It later became Computer Discount Warehouse and then simply CDW.
In early 2006, CDW opened a 513,000-square-foot (47,700 m) distribution center in North Las Vegas, Nevada. The Vernon Hills, Illinois distribution center is roughly 450,000 square feet (42,000 m). In October 2006 CDW acquired Berbee, a top tier reseller of IBM, Cisco, and Microsoft products and services. It was CDW's second major acquisition after purchasing Micro Warehouse in September 2003.
On 12 October 2007, Chicago based private equity firms Madison Dearborn Partners and Providence Equity Partners completed a $7 billion acquisition of CDW. It went public again through an initial public offering on the NASDAQ market on July 2, 2013 under the name CDW Corporation (the parent company since 2010). CDW LLC and CDW Finance Corporation are wholly owned subsidiaries.
CDW operates in Canada as CDW Canada Incorporated, based in Etobicoke, Ontario. CDW Canada was recognized by the Great Place to Work Institute as one of the best workplaces in Canada in 2011, ranked 25th in the category of large and multinational companies.
On 3 August 2015 the company announced that it had acquired the remaining 65 percent of Kelway Ltd., a London based multinational business with significant presence in the IT sector. Eight months earlier, CDW had bought a 35 percent stake in Kelway.
Berbee Information Networks Corporation, an American company specializing in IT, was purchased by CDW in 2006. Prior to that it was a privately held company headquartered in Fitchburg, Wisconsin. Berbee was founded in 1993 by James G. Berbee and grew to over 300 million USD in revenue and more than 800 employees. Berbee's IT solutions included network infrastructure, systems and storage, productivity applications, communication and collaboration, application development, and security. Its data centers delivered hosted applications, co-location, and managed services. Berbee had offices in Illinois, Indiana, Michigan, Minnesota, Ohio, and Wisconsin. In October 2006, Berbee accepted an $175 million all-cash acquisition offer from CDW. It became a division of CDW and is now known as CDW Advanced Technology Services. The Berbee Voice-Over IP software product group, creator of the InformaCast family of IP notification solutions, was spun off to form the new company Singlewire Software in April, 2009.
CDW Non-Profit, a sector founded in 2007, assists in providing affordable technology tools and services to associations, foundations, governmental departments, religious and social service organizations. The Brookings Institution, Salvation Army, PCAOB, Aids Healthcare Foundation, The Metropolitan Museum of Art and American Heart Association are among some of their clients.
Period | Date | Adjusted Actuals EPS | GAAP EPS |
---|---|---|---|
Q4 2022 | 2023-02-08 | Future report Set alerts | |
Q3 2022 | 2022-11-02 | 2.60 | 2.60 |
Q2 2022 | 2022-08-03 | 2.49 | 2.49 |
Q1 2022 | 2022-05-04 | 2.20 | 2.20 |
Q4 2021 | 2022-02-09 | 2.08 | 2.08 |
Q3 2021 | 2021-11-03 | 2.13 | 2.13 |
Q2 2021 | 2021-08-04 | 2.02 | 2.02 |
Q1 2021 | 2021-05-05 | 1.74 | 1.74 |
Q4 2020 | 2021-02-10 | 1.82 | 1.82 |
Q3 2020 | 2020-11-02 | 1.83 | 1.83 |
2016-07-01 | Reiterated Rating | Barclays PLC | Overweight | $47.00 |
2016-05-19 | Reiterated Rating | RBC Capital | Outperform | $46.00 |
2016-05-19 | Reiterated Rating | Royal Bank Of Canada | Outperform | $46.00 |
2016-05-05 | Reiterated Rating | Morgan Stanley | Hold | |
2016-04-25 | Downgrade | Raymond James | Outperform to Market Perform | |
2016-04-25 | Downgrade | Raymond James Financial Inc. | Outperform to Market Perform | |
2016-02-11 | Lower Price Target | Goldman Sachs | Buy | $52.00 to $47.00 |
2016-02-11 | Lower Price Target | Goldman Sachs Group Inc. | Buy | $52.00 to $47.00 |
2016-02-10 | Lower Price Target | RBC Capital | Outperform | $51.00 to $46.00 |
2016-02-10 | Reiterated Rating | Robert W. Baird | Neutral | $50.00 to $40.00 |
2016-02-10 | Lower Price Target | JPMorgan Chase & Co. | Overweight | $49.00 to $41.00 |
2016-02-10 | Lower Price Target | Deutsche Bank | Buy | $50.00 to $43.00 |
2016-02-10 | Lower Price Target | Barclays | Overweight | $51.00 to $47.00 |
2016-02-10 | Lower Price Target | Deutsche Bank AG | Buy | $50.00 to $43.00 |
2015-12-01 | Initiated Coverage | Goldman Sachs | Buy | $52.00 to $52.00 |
2015-11-05 | Boost Price Target | Needham & Company LLC | Buy | $44.00 to $50.00 |
2015-11-05 | Boost Price Target | RBC Capital | Outperform | $46.00 to $51.00 |
2015-11-04 | Reiterated Rating | Robert W. Baird | Neutral | $42.00 to $50.00 |
2015-11-02 | Reiterated Rating | Raymond James | Outperform | $38.00 to $42.00 |
2015-11-02 | Boost Price Target | Barclays | Outperform | $40.00 to $45.00 |
2015-10-21 | Boost Price Target | Raymond James | Outperform | $44.00 to $48.00 |
2015-10-14 | Initiated Coverage | Barclays | Overweight | $50.00 |
2015-10-14 | Boost Price Target | Stifel Nicolaus | Buy | $44.00 to $48.00 |
2015-10-13 | Boost Price Target | RBC Capital | Outperform | $43.00 to $46.00 |
2015-09-06 | Reiterated Rating | Deutsche Bank | Buy | |
2015-08-14 | Boost Price Target | JPMorgan Chase & Co. | Overweight | $43.00 to $46.00 |
2015-08-04 | Reiterated Rating | Raymond James | Buy | $42.00 to $44.00 |
2015-08-04 | Reiterated Rating | RBC Capital | Outperform | $40.00 to $43.00 |
2015-05-29 | Reiterated Rating | RBC Capital | Buy | $40.00 |
2015-05-19 | Reiterated Rating | Raymond James | Outperform | $42.00 |
2015-05-08 | Boost Price Target | RBC Capital | Outperform | $39.00 to $40.00 |
2015-02-10 | Reiterated Rating | William Blair | Outperform | |
2015-01-15 | Boost Price Target | JPMorgan Chase & Co. | Overweight | $39.00 to $42.00 |
2015-01-14 | Downgrade | Goldman Sachs | Buy to Neutral | $36.28 to $36.00 |
2014-12-01 | Boost Price Target | RBC Capital | Outperform | $37.00 to $38.00 |
2014-11-07 | Reiterated Rating | JPMorgan Chase & Co. | Overweight | $35.00 to $39.00 |
2014-10-03 | Upgrade | Raymond James | Market Perform to Outperform | $36.00 |
2014-09-29 | Initiated Coverage | RBC Capital | Outperform | $37.00 |
2014-08-01 | Boost Price Target | JPMorgan Chase & Co. | Overweight | $32.00 to $34.00 |
2014-08-01 | Reiterated Rating | Barclays | Overweight | $36.00 to $38.00 |
2014-08-01 | Reiterated Rating | Deutsche Bank | Buy | $32.00 to $34.00 |
2014-08-01 | Boost Price Target | Needham & Company LLC | Buy | $32.00 to $35.00 |
2014-07-07 | Downgrade | Raymond James | Outperform to Market Perform | |
2014-06-19 | Boost Price Target | Barclays | Overweight | $34.00 to $36.00 |
2014-05-09 | Reiterated | Needham | Buy | $30 to $32 |
2014-05-09 | Reiterated Rating | Raymond James | Outperform | $30.00 to $31.00 |
2014-05-09 | Boost Price Target | Needham & Company LLC | Buy | $30.00 to $32.00 |
2014-05-09 | Boost Price Target | JPMorgan Chase & Co. | Overweight | $26.00 to $32.00 |
2014-05-09 | Boost Price Target | Goldman Sachs | $32.00 to $33.00 | |
2014-04-15 | Reiterated | Stifel | Buy | $29 to $32 |
2014-04-15 | Boost Price Target | Stifel Nicolaus | Buy | $29.00 to $32.00 |
2014-04-14 | Boost Price Target | Raymond James | $27.00 to $30.00 | |
2014-03-11 | Boost Price Target | Goldman Sachs | Buy to Conviction-Buy | $29.00 to $32.00 |
2014-02-14 | Boost Price Target | Barclays | Overweight | $26.00 to $29.00 |
2013-11-25 | Upgrade | Barclays | Equal Weight to Overweight | $24.00 to $26.00 |
2013-11-04 | Reiterated Rating | Raymond James | Buy | $27.00 |
2013-11-04 | Boost Price Target | Needham & Company LLC | Buy | $27.00 to $29.00 |
2013-10-31 | Lower Price Target | JPMorgan Chase & Co. | Overweight | $26.00 to $25.00 |
2013-09-26 | Reiterated Rating | Needham & Company LLC | Positive to Buy | $27.00 |
2013-09-20 | Reiterated Rating | Barclays | Hold | $24.00 |
2013-09-20 | Boost Price Target | Raymond James | Outperform | $25.00 to $27.00 |
2013-08-06 | Initiated | William Blair | Outperform | |
2013-08-06 | Initiated | Robert W. Baird | Neutral | $25 |
2016-07-01 | Reiterated Rating | Barclays PLC | Overweight | $47.00 |
2016-05-19 | Reiterated Rating | RBC Capital | Outperform | $46.00 |
2016-05-19 | Reiterated Rating | Royal Bank Of Canada | Outperform | $46.00 |
2016-05-05 | Reiterated Rating | Morgan Stanley | Hold | |
2016-04-25 | Downgrade | Raymond James | Outperform to Market Perform |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In CDW 509 funds of 2213 total. Show all
Fund name | Ticker shares |
---|---|
Vanguard Group, Inc | 16.07M |
BlackRock Inc. | 10.59M |
Select Equity Group, L.P. | 7.09M |
FMR LLC | 5.37M |
ALLIANCEBERNSTEIN L.P. | 5.23M |
STATE STREET CORP | 5.13M |
WELLINGTON MANAGEMENT CO LLP | 4.91M |
BlackRock Institutional Trust Company, N.A. | 4.32M |
Mawer Investment Management Ltd. | 3.81M |
PIONEER INVESTMENT MANAGEMENT INC | 3.70M |
Longview Partners (Guernsey) LTD | 3.08M |
GEODE CAPITAL MANAGEMENT, LLC | 2.74M |
Neuberger Berman Group LLC | 2.67M |
BlackRock Investment Management, LLC | 2.28M |
Capital World Investors | 2.21M |
Name Relationship | Total Shares | Holding stocks |
---|---|---|
MADISON DEARBORN PARTNERS LLC | 7.61% (13104898) | CDW / VWR / |
Providence Equity Partners VI L.L.C. | 6.73% (11586692) | CDW / |
Richards Thomas E See Remarks | 0.38% (648692) | CDW / NTRS / |
ECKROTE DOUGLAS E See Remarks | 0.11% (192237) | CDW / |
LEAHY CHRISTINE A See Remarks | 0.08% (141605) | CDW / |
CREAMER GLENN M | 0.08% (139963) | CDW / |
ROTHER CHRISTINA V. See Remarks | 0.08% (135753) | CDW / |
TROKA MATTHEW A. See Remarks | 0.05% (80249) | CDW / |
STEVENS JONATHAN J See Remarks | 0.05% (78129) | CDW / |
Berger Dennis G See Remarks | 0.04% (73867) | AN / CDW / |
ALESIO STEVEN W | 0.02% (38061) | CDW / GNW / |
ALLEN BARRY K | 0.02% (37568) | CDW / HOG / |
CORLEY CHRISTINA M See Remarks | 0.02% (36176) | CDW / |
ZIEGLER ANN ELIZABETH See Remarks | 0.02% (35830) | CDW / GRPN / HBI / |
CAMPBELL NEAL J. See Remarks | 0.02% (28906) | CDW / |
KEBO COLLIN B. See Remarks | 0.01% (25270) | CDW / |
CHERESKIN BENJAMIN D | 0.01% (24026) | BDBD / CDW / CNK / TUES / |
ZARCONE DONNA F | 0.01% (23554) | CDW / CI / JNY / |
KULEVICH FREDERICK J. See Remarks | 0.01% (20361) | CDW / |
BELL JAMES A | 0.01% (16624) | AAPL / CDW / DOW / JPM / |
NELMS DAVID W | 0.01% (16548) | CDW / DFS / |
FINNEGAN PAUL J | 0.01% (14677) | BCC / CDW / |
Swedish Joseph | 0.01% (9338) | CDW / IBM / WLP / |