Blair William & Co. IL boosted its holdings in Chewy (NYSE:CHWY – Free Report) by 7.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,144,811 shares of the company’s stock after purchasing an additional 75,348 shares during the period. Blair William & Co. IL owned about 0.28% of Chewy worth $46,308,000 as of its most recent SEC filing.
A number of other institutional investors have also recently bought and sold shares of the business. Royal Bank of Canada increased its position in shares of Chewy by 2.5% during the 1st quarter. Royal Bank of Canada now owns 220,509 shares of the company’s stock valued at $7,168,000 after purchasing an additional 5,466 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in shares of Chewy in the 1st quarter worth about $510,000. NewEdge Advisors LLC grew its position in Chewy by 5,238.3% during the first quarter. NewEdge Advisors LLC now owns 32,510 shares of the company’s stock valued at $1,057,000 after buying an additional 31,901 shares during the period. Goldman Sachs Group Inc. grew its position in Chewy by 1.5% during the first quarter. Goldman Sachs Group Inc. now owns 1,176,138 shares of the company’s stock valued at $38,236,000 after buying an additional 17,788 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in Chewy by 31.6% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 383,966 shares of the company’s stock worth $12,483,000 after buying an additional 92,129 shares during the last quarter. Institutional investors own 93.09% of the company’s stock.
Insider Buying and Selling
In related news, CTO Satish Mehta sold 13,013 shares of Chewy stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $28.99, for a total value of $377,246.87. Following the completion of the transaction, the chief technology officer directly owned 273,835 shares in the company, valued at approximately $7,938,476.65. The trade was a 4.54% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.43% of the company’s stock.
Chewy Stock Down 2.3%
Chewy (NYSE:CHWY – Get Free Report) last posted its earnings results on Wednesday, December 10th. The company reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.31 by $0.01. Chewy had a net margin of 1.64% and a return on equity of 56.78%. The firm had revenue of $3.12 billion during the quarter, compared to the consensus estimate of $3.10 billion. During the same quarter last year, the company earned $0.20 earnings per share. The company’s revenue was up 8.1% on a year-over-year basis. Chewy has set its Q4 2025 guidance at 0.240-0.270 EPS. As a group, equities research analysts anticipate that Chewy will post 0.24 EPS for the current year.
Analyst Ratings Changes
CHWY has been the topic of several research reports. Raymond James Financial raised shares of Chewy from a “market perform” rating to an “outperform” rating and set a $28.00 price objective on the stock in a research report on Thursday, February 19th. Wolfe Research set a $44.00 price target on shares of Chewy in a research note on Monday, January 5th. TD Cowen reaffirmed a “buy” rating on shares of Chewy in a report on Thursday, December 4th. The Goldman Sachs Group upped their price objective on Chewy from $44.00 to $52.00 and gave the company a “buy” rating in a research note on Thursday, December 11th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Chewy in a report on Wednesday, January 21st. Seventeen analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $46.05.
View Our Latest Stock Report on Chewy
Chewy Profile
Chewy, Inc (NYSE: CHWY) is a leading e-commerce retailer specializing in pet food, supplies and services. The company offers a comprehensive assortment of products for dogs, cats, fish, birds and other small animals, including prescription medications, veterinary health products, grooming essentials and toys. Through its online platform and mobile app, Chewy provides an intuitive shopping experience with features such as Autoship, ensuring regular deliveries of pet essentials at schedule intervals.
Founded in 2011 by Ryan Cohen and Michael Day, Chewy initially operated under the name Mr.
Recommended Stories
- Five stocks we like better than Chewy
- How JPMorgan’s $8,000 Gold Call Will Leave Most Retirement Accounts Behind
- Silver Is the New Oil—And the World’s Running Dry
- SpaceX IPO Confirmed: Claim Your Stake Today
- Trump Planning to Use Public Law 63-43: Prepare Now
- What central banks are doing with gold right now
Receive News & Ratings for Chewy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chewy and related companies with MarketBeat.com's FREE daily email newsletter.
