Sidoti Issues Optimistic Forecast for PC Connection Earnings

PC Connection, Inc. (NASDAQ:CNXN) – Analysts at Sidoti boosted their FY2026 EPS estimates for shares of PC Connection in a research report issued on Thursday, October 29th. Sidoti analyst A. Lebiedzinski now expects that the company will post earnings of $4.38 per share for the year, up from their prior forecast of $4.08. The consensus estimate for PC Connection’s current full-year earnings is $4.18 per share. Sidoti also issued estimates for PC Connection’s Q4 2026 earnings at $1.06 EPS, Q3 2027 earnings at $1.25 EPS, Q4 2027 earnings at $1.23 EPS, FY2027 earnings at $4.68 EPS, Q1 2028 earnings at $0.87 EPS, Q2 2028 earnings at $1.55 EPS, Q3 2028 earnings at $1.37 EPS and FY2028 earnings at $5.15 EPS.

PC Connection (NASDAQ:CNXN) last released its quarterly earnings results on Wednesday, October 28th. The company reported $1.24 EPS for the quarter, beating the consensus estimate of $1.04 by $0.20. The firm had revenue of $874.31 million during the quarter, compared to the consensus estimate of $773.74 million. PC Connection had a net margin of 3.25% and a return on equity of 11.54%.

A number of other equities research analysts have also recently commented on CNXN. Weiss Ratings raised shares of PC Connection from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, October 8th. Zacks Research lowered PC Connection from a “strong-buy” rating to a “hold” rating in a report on Monday, September 28th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy”.

PC Connection Stock Performance

Shares of PC Connection stock opened at $85.62 on Friday. The company has a market capitalization of $2.16 billion, a P/E ratio of 21.14, a PEG ratio of 2.07 and a beta of 0.81. PC Connection has a 1 year low of $54.97 and a 1 year high of $96.90. The company’s fifty day moving average is $86.59 and its two-hundred day moving average is $72.18.

PC Connection Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 27th. Investors of record on Tuesday, November 10th will be given a $0.20 dividend. The ex-dividend date is Tuesday, November 10th. This represents a $0.80 dividend on an annualized basis and a yield of 0.9%. PC Connection’s dividend payout ratio (DPR) is presently 19.75%.

Insider Transactions at PC Connection

In other PC Connection news, Chairman Patricia Gallup sold 7,192 shares of the business’s stock in a transaction that occurred on Wednesday, October 21st. The stock was sold at an average price of $87.20, for a total transaction of $627,142.40. Following the transaction, the chairman owned 6,899,191 shares in the company, valued at approximately $601,609,455.20. The trade was a 0.10% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director David Beffa-Negrini sold 5,000 shares of the stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $81.05, for a total value of $405,250.00. Following the transaction, the director directly owned 60,875 shares of the company’s stock, valued at approximately $4,933,918.75. This trade represents a 7.59% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 62,136 shares of company stock valued at $5,312,310. 56.60% of the stock is owned by insiders.

Institutional Trading of PC Connection

A number of institutional investors have recently modified their holdings of the business. PDT Partners LLC acquired a new position in PC Connection during the second quarter worth $3,557,000. Bank of America Corp DE purchased a new position in PC Connection in the second quarter worth $3,080,000. Legal & General Group Plc purchased a new position in PC Connection in the second quarter worth $1,872,000. Hsbc Holdings PLC acquired a new stake in PC Connection in the second quarter valued at $1,138,000. Finally, Allspring Global Investments Holdings LLC lifted its holdings in PC Connection by 137.7% in the first quarter. Allspring Global Investments Holdings LLC now owns 61,038 shares of the company’s stock valued at $3,661,000 after acquiring an additional 35,358 shares during the period. 42.85% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about PC Connection

Here are the key news stories impacting PC Connection this week:

• Positive Sentiment: Q3 results exceeded expectations: PC Connection reported adjusted earnings of $1.24 per share, up from $0.97 a year earlier and above the $1.04 consensus estimate. Revenue reached $874.31 million, substantially exceeding the $773.74 million analyst forecast. PC Connection Q3 2026 earnings report
• Positive Sentiment: AI server demand is supporting growth: Coverage highlighted record quarterly revenue driven by a surge in AI server demand, suggesting that PC Connection may be benefiting from continued enterprise infrastructure spending. PC Connection Q3 2026 AI server coverage
• Positive Sentiment: Sidoti raised its profit outlook: Sidoti increased its EPS forecast for Q4 2026 to $1.06 from $1.00, FY2026 to $4.38 from $4.08, and FY2027 to $4.68 from $4.55. The firm projects FY2028 EPS of $5.15, indicating expectations for continued earnings growth.
• Positive Sentiment: Dividend provides shareholder support: The company declared a quarterly dividend of $0.20 per share, or $0.80 annualized, payable November 27 to shareholders of record November 10. PC Connection quarterly dividend announcement
• Neutral Sentiment: Valuation remains a consideration: With a reported P/E ratio near 21, investors may expect sustained growth from the AI infrastructure opportunity and strong execution following the earnings beat.

About PC Connection

PC Connection, Inc is an information technology solutions provider that supplies technology products, services and expertise to businesses, government agencies, educational institutions and other organizations. The company helps customers plan, acquire, deploy and manage IT environments across workplace, data center, networking, security and cloud infrastructure.

Its offerings include computers, servers, storage systems, networking equipment, software, peripherals and related technology accessories.