BC Partners PE LP Has $8.09 Billion Stake in Chewy $CHWY

BC Partners PE LP reduced its position in Chewy (NYSE:CHWY) by 13.6% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 189,758,440 shares of the company’s stock after selling 29,940,171 shares during the period. Chewy accounts for about 81.9% of BC Partners PE LP’s portfolio, making the stock its largest position. BC Partners PE LP owned approximately 45.70% of Chewy worth $8,087,505,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. EverSource Wealth Advisors LLC boosted its stake in Chewy by 412.2% in the second quarter. EverSource Wealth Advisors LLC now owns 1,091 shares of the company’s stock valued at $46,000 after acquiring an additional 878 shares in the last quarter. Parkside Financial Bank & Trust lifted its holdings in shares of Chewy by 34.5% during the 2nd quarter. Parkside Financial Bank & Trust now owns 1,161 shares of the company’s stock valued at $49,000 after purchasing an additional 298 shares during the last quarter. Hughes Financial Services LLC acquired a new stake in shares of Chewy in the 2nd quarter worth $55,000. Parallel Advisors LLC boosted its position in shares of Chewy by 73.2% in the 2nd quarter. Parallel Advisors LLC now owns 1,365 shares of the company’s stock worth $58,000 after purchasing an additional 577 shares in the last quarter. Finally, Nisa Investment Advisors LLC grew its stake in Chewy by 1,816.7% during the 2nd quarter. Nisa Investment Advisors LLC now owns 1,495 shares of the company’s stock worth $64,000 after buying an additional 1,417 shares during the last quarter. Institutional investors own 93.09% of the company’s stock.

Chewy Stock Performance

Shares of CHWY opened at $33.50 on Monday. The business’s 50-day moving average is $35.45 and its two-hundred day moving average is $38.54. The company has a market capitalization of $13.90 billion, a P/E ratio of 95.71, a P/E/G ratio of 8.18 and a beta of 1.58. Chewy has a fifty-two week low of $29.83 and a fifty-two week high of $48.62.

Chewy (NYSE:CHWY) last issued its earnings results on Wednesday, September 10th. The company reported $0.33 EPS for the quarter, hitting analysts’ consensus estimates of $0.33. The firm had revenue of $3.10 billion for the quarter, compared to the consensus estimate of $3.08 billion. Chewy had a return on equity of 50.45% and a net margin of 1.22%.The company’s revenue was up 8.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.24 earnings per share. Chewy has set its Q3 2025 guidance at 0.280-0.330 EPS. Analysts forecast that Chewy will post 0.24 EPS for the current year.

Insiders Place Their Bets

In related news, CTO Satish Mehta sold 8,872 shares of the stock in a transaction on Wednesday, December 3rd. The shares were sold at an average price of $33.53, for a total transaction of $297,478.16. Following the sale, the chief technology officer directly owned 229,702 shares of the company’s stock, valued at approximately $7,701,908.06. This represents a 3.72% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Sumit Singh sold 40,789 shares of the firm’s stock in a transaction on Tuesday, December 2nd. The shares were sold at an average price of $33.73, for a total transaction of $1,375,812.97. Following the sale, the chief executive officer owned 623,185 shares in the company, valued at approximately $21,020,030.05. This represents a 6.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 83,985 shares of company stock worth $2,802,809. Corporate insiders own 0.43% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on CHWY shares. JPMorgan Chase & Co. decreased their price target on Chewy from $47.00 to $45.00 and set an “overweight” rating for the company in a research note on Thursday, September 11th. Moffett Nathanson raised shares of Chewy from a “neutral” rating to a “buy” rating and set a $48.00 price objective for the company in a research report on Thursday, September 25th. Citigroup reiterated a “market outperform” rating on shares of Chewy in a research note on Monday, November 24th. Wedbush restated an “outperform” rating and set a $45.00 price target on shares of Chewy in a research note on Thursday, September 11th. Finally, Needham & Company LLC reissued a “hold” rating on shares of Chewy in a report on Thursday, September 11th. Two analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $46.17.

Chewy Company Profile

Chewy, Inc, together with its subsidiaries, engages in the pure play e-commerce business in the United States. It provides pet food and treats, pet supplies and pet medications, and other pet-health products, as well as pet services for dogs, cats, fish, birds, small pets, horses, and reptiles through its retail websites and mobile applications.