Sidoti Issues Negative Forecast for PC Connection Earnings

PC Connection, Inc. (NASDAQ:CNXN) – Sidoti cut their Q1 2026 earnings per share (EPS) estimates for shares of PC Connection in a report issued on Friday, April 17th. Sidoti analyst A. Lebiedzinski now expects that the company will post earnings of $0.62 per share for the quarter, down from their previous estimate of $0.63. The consensus estimate for PC Connection’s current full-year earnings is $3.77 per share. Sidoti also issued estimates for PC Connection’s Q2 2026 earnings at $1.06 EPS, Q3 2026 earnings at $1.06 EPS and FY2026 earnings at $3.79 EPS.

PC Connection (NASDAQ:CNXN) last posted its quarterly earnings data on Wednesday, February 4th. The company reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.86 by $0.05. PC Connection had a return on equity of 9.87% and a net margin of 2.91%.The company had revenue of $702.94 million for the quarter, compared to analysts’ expectations of $735.49 million.

Several other research firms have also recently issued reports on CNXN. Zacks Research upgraded PC Connection from a “strong sell” rating to a “hold” rating in a report on Monday, December 29th. Weiss Ratings reiterated a “hold (c)” rating on shares of PC Connection in a report on Monday, December 29th. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Hold”.

PC Connection Trading Down 1.3%

CNXN stock opened at $63.44 on Monday. PC Connection has a 12-month low of $54.97 and a 12-month high of $71.17. The stock has a market cap of $1.60 billion, a price-to-earnings ratio of 19.40, a PEG ratio of 1.71 and a beta of 0.83. The business’s 50-day moving average is $60.95 and its 200 day moving average is $59.92.

PC Connection Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 6th. Stockholders of record on Tuesday, February 17th were issued a dividend of $0.20 per share. The ex-dividend date was Tuesday, February 17th. This represents a $0.80 annualized dividend and a dividend yield of 1.3%. This is an increase from PC Connection’s previous quarterly dividend of $0.15. PC Connection’s payout ratio is presently 24.46%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Martingale Asset Management L P boosted its holdings in shares of PC Connection by 1.3% during the 4th quarter. Martingale Asset Management L P now owns 19,137 shares of the company’s stock worth $1,105,000 after purchasing an additional 252 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of PC Connection by 4.7% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 6,900 shares of the company’s stock worth $431,000 after purchasing an additional 312 shares during the last quarter. Franklin Resources Inc. boosted its holdings in shares of PC Connection by 8.2% during the 3rd quarter. Franklin Resources Inc. now owns 4,616 shares of the company’s stock worth $286,000 after purchasing an additional 348 shares during the last quarter. WINTON GROUP Ltd boosted its holdings in shares of PC Connection by 6.7% during the 4th quarter. WINTON GROUP Ltd now owns 6,257 shares of the company’s stock worth $361,000 after purchasing an additional 394 shares during the last quarter. Finally, Swiss National Bank boosted its holdings in shares of PC Connection by 1.8% during the 4th quarter. Swiss National Bank now owns 22,500 shares of the company’s stock worth $1,300,000 after purchasing an additional 400 shares during the last quarter. 42.85% of the stock is currently owned by institutional investors and hedge funds.

PC Connection Company Profile

PC Connection, Inc (NASDAQ: CNXN), now operating under the trade name Connection, is a value-added provider of information technology solutions founded in 1982 and headquartered in Merrimack, New Hampshire. The company offers a broad portfolio of hardware and software products sourced from leading technology vendors, alongside professional services designed to help organizations design, deploy and maintain IT environments.

Connection’s product offerings encompass desktop and notebook computers, servers and storage systems, networking and cybersecurity solutions, as well as cloud and virtualization technologies.