Q1 Earnings Estimate for PC Connection Issued By Sidoti Csr

PC Connection, Inc. (NASDAQ:CNXN) – Analysts at Sidoti Csr decreased their Q1 2025 earnings per share (EPS) estimates for PC Connection in a research note issued on Thursday, October 31st. Sidoti Csr analyst A. Lebiedzinski now forecasts that the company will earn $0.61 per share for the quarter, down from their prior estimate of $0.66. The consensus estimate for PC Connection’s current full-year earnings is $3.50 per share. Sidoti Csr also issued estimates for PC Connection’s Q4 2025 earnings at $1.06 EPS.

Separately, StockNews.com upgraded PC Connection from a “buy” rating to a “strong-buy” rating in a research note on Thursday, August 29th.

PC Connection Price Performance

Shares of CNXN stock opened at $64.88 on Monday. The stock’s fifty day moving average price is $72.18 and its 200 day moving average price is $68.17. PC Connection has a 1-year low of $54.49 and a 1-year high of $77.19. The company has a market cap of $1.71 billion, a price-to-earnings ratio of 19.03, a price-to-earnings-growth ratio of 1.82 and a beta of 0.63.

PC Connection Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, November 29th. Shareholders of record on Tuesday, November 12th will be issued a $0.10 dividend. The ex-dividend date is Tuesday, November 12th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.62%. PC Connection’s dividend payout ratio is currently 11.73%.

Insider Transactions at PC Connection

In related news, CEO Timothy J. Mcgrath sold 15,377 shares of the company’s stock in a transaction on Tuesday, August 6th. The stock was sold at an average price of $70.18, for a total value of $1,079,157.86. Following the transaction, the chief executive officer now directly owns 277,691 shares of the company’s stock, valued at $19,488,354.38. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 56.90% of the company’s stock.

Institutional Trading of PC Connection

Institutional investors and hedge funds have recently bought and sold shares of the business. Pacer Advisors Inc. raised its holdings in shares of PC Connection by 23.6% during the second quarter. Pacer Advisors Inc. now owns 1,258,275 shares of the company’s stock worth $80,781,000 after purchasing an additional 240,312 shares during the last quarter. American Century Companies Inc. raised its stake in shares of PC Connection by 31.1% during the 2nd quarter. American Century Companies Inc. now owns 262,993 shares of the company’s stock valued at $16,884,000 after buying an additional 62,398 shares during the last quarter. Allspring Global Investments Holdings LLC raised its stake in shares of PC Connection by 34.0% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 139,892 shares of the company’s stock valued at $10,552,000 after buying an additional 35,505 shares during the last quarter. Millennium Management LLC lifted its holdings in shares of PC Connection by 108.0% in the 2nd quarter. Millennium Management LLC now owns 64,774 shares of the company’s stock valued at $4,158,000 after buying an additional 33,626 shares during the period. Finally, Victory Capital Management Inc. boosted its stake in shares of PC Connection by 319.4% in the second quarter. Victory Capital Management Inc. now owns 37,458 shares of the company’s stock worth $2,405,000 after buying an additional 28,526 shares during the last quarter. 42.85% of the stock is currently owned by institutional investors and hedge funds.

About PC Connection

PC Connection, Inc, together with its subsidiaries, provides a range of information technology (IT) solutions. The company operates through three segments: Business Solutions, Enterprise Solutions, and Public Sector Solutions. It offers IT products, such as computer systems, software and peripheral equipment, networking communications, and other products and accessories.