What is Sidoti Csr’s Estimate for PC Connection Q2 Earnings?

PC Connection, Inc. (NASDAQ:CNXN) – Sidoti Csr lifted their Q2 2026 earnings per share (EPS) estimates for shares of PC Connection in a note issued to investors on Thursday, May 1st. Sidoti Csr analyst A. Lebiedzinski now anticipates that the company will post earnings of $1.23 per share for the quarter, up from their previous forecast of $1.22. The consensus estimate for PC Connection’s current full-year earnings is $3.33 per share.

PC Connection (NASDAQ:CNXN) last posted its quarterly earnings data on Wednesday, April 30th. The company reported $0.60 EPS for the quarter, topping analysts’ consensus estimates of $0.42 by $0.18. PC Connection had a return on equity of 9.74% and a net margin of 3.11%. The company had revenue of $701.05 million for the quarter, compared to analyst estimates of $646.37 million.

Separately, StockNews.com upgraded shares of PC Connection from a “buy” rating to a “strong-buy” rating in a research report on Thursday.

PC Connection Stock Up 2.5 %

Shares of NASDAQ CNXN opened at $68.08 on Friday. PC Connection has a 12-month low of $56.82 and a 12-month high of $77.19. The firm’s 50-day simple moving average is $61.90 and its 200 day simple moving average is $67.47. The company has a market cap of $1.76 billion, a price-to-earnings ratio of 20.69, a price-to-earnings-growth ratio of 1.96 and a beta of 0.67.

Hedge Funds Weigh In On PC Connection

Several large investors have recently made changes to their positions in the company. Ieq Capital LLC increased its position in PC Connection by 3.5% in the fourth quarter. Ieq Capital LLC now owns 6,596 shares of the company’s stock worth $457,000 after purchasing an additional 224 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of PC Connection by 3.7% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 6,588 shares of the company’s stock valued at $456,000 after purchasing an additional 234 shares during the last quarter. EntryPoint Capital LLC grew its position in shares of PC Connection by 8.3% during the 4th quarter. EntryPoint Capital LLC now owns 3,220 shares of the company’s stock worth $223,000 after buying an additional 248 shares during the period. Vident Advisory LLC raised its stake in shares of PC Connection by 4.2% during the fourth quarter. Vident Advisory LLC now owns 6,934 shares of the company’s stock worth $480,000 after buying an additional 277 shares during the last quarter. Finally, Rhumbline Advisers lifted its holdings in PC Connection by 0.4% in the fourth quarter. Rhumbline Advisers now owns 85,432 shares of the company’s stock valued at $5,918,000 after buying an additional 298 shares during the period. Institutional investors and hedge funds own 42.85% of the company’s stock.

PC Connection Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 30th. Stockholders of record on Tuesday, May 13th will be paid a $0.15 dividend. The ex-dividend date of this dividend is Tuesday, May 13th. This represents a $0.60 annualized dividend and a dividend yield of 0.88%. PC Connection’s dividend payout ratio (DPR) is currently 18.18%.

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.