Chewy $CHWY Shares Purchased by Voya Investment Management LLC

Voya Investment Management LLC raised its stake in Chewy (NYSE:CHWY) by 5.1% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,874,294 shares of the company’s stock after purchasing an additional 138,424 shares during the quarter. Voya Investment Management LLC owned about 0.69% of Chewy worth $116,265,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. BC Partners PE LP purchased a new position in shares of Chewy in the 1st quarter worth about $7,142,402,000. Invesco Ltd. grew its stake in Chewy by 34.7% during the second quarter. Invesco Ltd. now owns 7,187,518 shares of the company’s stock worth $306,332,000 after buying an additional 1,852,531 shares during the period. State Street Corp increased its position in shares of Chewy by 75.5% in the second quarter. State Street Corp now owns 6,170,197 shares of the company’s stock worth $262,974,000 after acquiring an additional 2,654,496 shares in the last quarter. AQR Capital Management LLC lifted its holdings in shares of Chewy by 231.1% during the 2nd quarter. AQR Capital Management LLC now owns 4,631,343 shares of the company’s stock valued at $196,323,000 after acquiring an additional 3,232,763 shares in the last quarter. Finally, Geode Capital Management LLC boosted its position in Chewy by 88.1% during the 2nd quarter. Geode Capital Management LLC now owns 4,076,911 shares of the company’s stock worth $174,097,000 after purchasing an additional 1,909,457 shares during the period. 93.09% of the stock is currently owned by institutional investors and hedge funds.

Chewy Stock Performance

NYSE:CHWY opened at $32.44 on Friday. The company has a market capitalization of $13.46 billion, a price-to-earnings ratio of 67.58, a price-to-earnings-growth ratio of 3.25 and a beta of 1.58. Chewy has a one year low of $29.83 and a one year high of $48.62. The stock has a 50-day simple moving average of $34.40 and a 200 day simple moving average of $37.86.

Chewy (NYSE:CHWY) last released its earnings results on Wednesday, December 10th. The company reported $0.14 EPS for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.17). The firm had revenue of $3.12 billion for the quarter, compared to the consensus estimate of $3.10 billion. Chewy had a return on equity of 56.78% and a net margin of 1.64%.The company’s quarterly revenue was up 8.1% on a year-over-year basis. During the same period in the prior year, the business earned $0.20 EPS. Chewy has set its Q4 2025 guidance at 0.240-0.270 EPS. On average, equities research analysts forecast that Chewy will post 0.24 EPS for the current fiscal year.

Insider Transactions at Chewy

In other Chewy news, CAO William G. Billings sold 1,121 shares of Chewy stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $32.72, for a total value of $36,679.12. Following the completion of the transaction, the chief accounting officer directly owned 31,045 shares in the company, valued at $1,015,792.40. The trade was a 3.49% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CTO Satish Mehta sold 8,872 shares of the business’s stock in a transaction that occurred on Wednesday, December 3rd. The shares were sold at an average price of $33.53, for a total value of $297,478.16. Following the transaction, the chief technology officer owned 229,702 shares of the company’s stock, valued at $7,701,908.06. This represents a 3.72% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 83,985 shares of company stock worth $2,802,809. 0.43% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on CHWY shares. Mizuho reiterated an “outperform” rating and issued a $50.00 target price on shares of Chewy in a research note on Tuesday, November 4th. Needham & Company LLC reaffirmed a “hold” rating on shares of Chewy in a research report on Thursday, December 11th. JMP Securities reissued a “market outperform” rating and set a $48.00 target price on shares of Chewy in a research report on Thursday, September 11th. Robert W. Baird decreased their target price on shares of Chewy from $52.00 to $48.00 and set an “outperform” rating for the company in a research note on Thursday, September 11th. Finally, JPMorgan Chase & Co. dropped their price target on shares of Chewy from $47.00 to $45.00 and set an “overweight” rating on the stock in a research note on Thursday, September 11th. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $46.72.

About Chewy

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.