CDW Corp. stock reacts as Bank of America builds stake and earnings grow

Published on 09/17/2026 at 20:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

CDW Corp. stock traded around USD 149.96 on September 17, 2026, after Bank of America disclosed a USD 255.1 million stake and the company reported double-digit revenue growth in Q2 2026. Recent results showed Q2 2026 revenue up 10 percent to USD 6.57 billion with EPS of USD 2.91 and a quarterly dividend of USD 0.63.

Makrofotografie einer grünen Leiterplatte mit goldenen Kupferleiterbahnen und Chips — CDW Corp. Makroaufnahme einer Netzwerkplatine mit goldenen Kupferleiterbahnen und Chips, ISIN US1258961002, Illustration mit AI erstellt.

CDW Corp. stock (ISIN US1258961002) traded at around USD 149.96 on September 17, 2026, on the Nasdaq, after the company reported second-quarter 2026 earnings with revenue of USD 6.57 billion and earnings per share of USD 2.91, both above prior-year levels, according to MarketBeat on September 17, 2026.

Bank of America stake and quarterly growth

According to MarketBeat on September 17, 2026, Bank of America Corp DE acquired 1,813,551 CDW shares, a position valued at roughly USD 255.1 million that corresponds to about a 1.45 percent stake in the company.

The same overview from MarketBeat states that CDW reported second-quarter 2026 revenue of USD 6.57 billion, up 10 percent year over year, highlighting a solid double-digit top-line expansion compared with the prior-year quarter.

Earnings, dividend and analyst view

In the same Q2 2026 report, CDW generated earnings per share of USD 2.91, which represented an increase versus the previous year and came in ahead of analyst expectations, according to the figures cited by MarketBeat.

The company also pays a quarterly dividend of USD 0.63 per share, which equates to an annualized payout of USD 2.52 and an indicated dividend yield of about 1.7 percent based on the recent share price level discussed by MarketBeat.

Institutional investors collectively own around 93.15 percent of CDW shares, underscoring strong participation from large funds, as reported by MarketBeat in its September 17, 2026 coverage of institutional holdings.

According to the same analyst summary from MarketBeat, Wall Street currently assigns CDW a consensus rating of Moderate Buy and a consensus price target of USD 150.38, which is close to the recent trading level and suggests limited implied upside versus the latest price.

Stock trading range and technical picture

The MarketBeat data cited on September 17, 2026 note that CDW shares opened at USD 149.96, with a 52-week trading range between a low of USD 97.12 and a high of USD 169.20, positioning the recent price roughly in the upper half of that range.

Separate technical analysis data compiled by FXEmpire and updated on September 17, 2026 show CDW trading at USD 149.96 with an indicated daily decline of 2.46 percent to that level and a pre-market indication of USD 151.01, while highlighting a neutral to positive technical setup with an overall Buy signal supported by moving averages.

In addition, the FXEmpire overview reports that the relative strength index over 14 days stands at about 55.74, which suggests that CDW stock is neither overbought nor oversold and is instead trading in a mid-range momentum zone at the current price level.

Closing price and market metrics

Per the MarketBeat price snapshot on September 17, 2026, CDW stock changed hands at USD 149.96 on the Nasdaq, compared with a 52-week low of USD 97.12 and a 52-week high of USD 169.20, leaving the shares below the high but well above the low in the current trading environment.