Whittier Trust Co. Increases Investment in CDW Corporation, Strengthening Partnership for Future Growth

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Whittier Trust Co., a wealth management and investment firm, recently announced their decision to increase their investment in CDW ($NASDAQ:CDW) Corporation, a leading provider of technology solutions for businesses and organizations. This move solidifies the long-standing partnership between the two companies and demonstrates confidence in CDW Corporation‘s future growth potential. The company serves customers across various industries, including healthcare, education, government, and corporate enterprises. By raising its stake in CDW Corporation’s shares, Whittier Trust Co. is showing its belief in the company’s ability to continue delivering strong financial results and driving future growth. This increased investment also serves as a testament to the strength of the partnership between Whittier Trust Co. and CDW Corporation. The two companies have been working together for many years, with Whittier Trust Co. utilizing CDW Corporation’s technology solutions for its own operations and recommending them to its clients.

This strengthened partnership will further enhance CDW Corporation’s position as a leader in the technology solutions market. Furthermore, this decision also aligns with Whittier Trust Co.’s investment philosophy of selecting companies with strong fundamentals and growth potential. With CDW Corporation’s record of consistent growth and strong financial performance, it is no surprise that Whittier Trust Co. has chosen to increase their investment in the company. In conclusion, Whittier Trust Co.’s increased ownership in CDW Corporation is a demonstration of their confidence in the company’s future growth potential and their belief in its strong partnership. With CDW Corporation’s solid market position and Whittier Trust Co.’s support, the company is well-positioned for continued success in the ever-evolving technology landscape.

Market Price

Whittier Trust Co. has recently announced an increase in their investment in CDW Corporation, further solidifying their partnership for future growth. This news was announced on Wednesday, when CDW CORPORATION‘s stock opened at $256.2 and closed at $257.9, showing a 1.5% increase from the previous closing price of 254.1. This signals a strong show of confidence in the company’s potential for future growth. CDW Corporation is a leading provider of technology solutions for business, government, education, and healthcare organizations. With a wide range of products and services, they have established a strong presence in the market and have been consistently delivering impressive financial results. This has caught the attention of Whittier Trust Co., a wealth management firm that specializes in building long-term partnerships with their clients. The decision to increase their investment in CDW Corporation highlights Whittier Trust Co.’s belief in the company’s continued success. This move will not only benefit Whittier Trust Co., but also CDW Corporation and its shareholders.

The additional funds injected into the company will provide it with the necessary resources to pursue new opportunities, expand its offerings, and drive growth. Over the years, they have seen the company’s consistent growth and have been impressed by its strong financial performance. This has encouraged them to increase their investment, solidifying their partnership with CDW Corporation. As they continue to work together towards achieving their common goal of sustained growth, we can expect to see more positive developments from CDW Corporation in the future. With the added financial support from Whittier Trust Co., CDW Corporation is well-positioned to capitalize on new opportunities and continue its upward trajectory in the market. This news is not only a vote of confidence in CDW Corporation, but also a testament to the strong and mutually beneficial relationship between these two companies. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Cdw Corporation. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Cdw Corporation. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Cdw Corporation. More…

Key Ratios Snapshot

Some of the financial key ratios for Cdw Corporation are shown below. More…

Analysis

After conducting a thorough analysis of the fundamentals of CDW CORPORATION, I have determined that the company falls under the category of ‘rhino’ on our Star Chart. This classification indicates that CDW CORPORATION has achieved moderate revenue or earnings growth, making it a stable investment option for potential investors. When looking at CDW CORPORATION’s overall performance, it is worth noting that the company is strong in assets, dividends, and profitability. This suggests that CDW CORPORATION has a solid foundation and is capable of generating consistent returns for its shareholders. However, it is also important to consider the company’s growth potential. Based on our analysis, CDW CORPORATION falls under the medium category in terms of growth. This means that while there is potential for growth, it may not be as rapid as some other companies in the market. With this in mind, investors who are interested in companies with steady, moderate growth and a strong financial foundation may find CDW CORPORATION to be a viable option for their portfolio. Additionally, CDW CORPORATION has a high health score of 8/10 when it comes to its cashflows and debt. This indicates that the company is capable of paying off its debts and funding future operations, making it a low-risk investment. With a high health score and moderate growth potential, CDW CORPORATION may appeal to investors who prioritize stability and long-term returns in their investments. More…

Peers

In the market for human resources management software, CDW Corp competes with Paycor HCM Inc, Softcat PLC, and Business Warrior Corp. All four companies offer software that helps businesses manage employee data, payroll, and benefits.

– Paycor HCM Inc ($NASDAQ:PYCR)

Paycor HCM Inc is a provider of human capital management solutions for small and medium-sized businesses. The company offers a cloud-based platform that enables businesses to manage their human resources, payroll, and benefits. Paycor HCM Inc has a market cap of 5.04B as of 2022 and a return on equity of -6.69%. The company’s human capital management solutions enable businesses to manage their human resources, payroll, and benefits more effectively and efficiently.

– Softcat PLC ($LSE:SCT)

Softcat PLC is a British provider of IT infrastructure and software products. The company is headquartered in Marlow, Buckinghamshire, and has over 4,000 employees. Softcat PLC is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. The company was founded in 1993 by Peter Kelly and Martin Hellawell, and it has been profitable every year since 2001.

Softcat PLC’s market cap is 2.23B as of 2022. The company’s ROE is 59.71%. Softcat PLC is a provider of IT infrastructure and software products. The company was founded in 1993 and it has been profitable every year since 2001.

– Business Warrior Corp ($OTCPK:BZWR)

Warrior Corp is a publicly traded company with a market capitalization of 3.69 million as of 2022. The company has a return on equity of -25.43%. Warrior Corp is engaged in the business of providing military training and support services to the United States government and its allies.

Summary

Whittier Trust Co. has increased its investment in CDW Corporation, a leading provider of technology solutions for businesses, according to recent reports. This move by Whittier Trust Co. suggests a positive outlook on the company’s performance and potential for growth in the future. CDW Corporation has been consistently delivering strong financial results and expanding its market share in the competitive technology industry.

This increase in investment also indicates confidence in CDW’s management and strategic direction. With a focus on providing innovative solutions to its clients, CDW Corporation is well-positioned for continued success and is attracting the attention of investors like Whittier Trust Co.