Chewy $CHWY Shares Acquired by Birch Hill Investment Advisors LLC

Birch Hill Investment Advisors LLC increased its position in Chewy (NYSE:CHWY) by 39.9% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 446,861 shares of the company’s stock after purchasing an additional 127,350 shares during the period. Birch Hill Investment Advisors LLC’s holdings in Chewy were worth $18,076,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the company. Invesco Ltd. increased its position 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 grew its position in shares of Chewy by 75.5% during 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 during the last quarter. AQR Capital Management LLC increased its holdings in shares of Chewy by 231.1% in 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 during the period. Voya Investment Management LLC increased its holdings in shares of Chewy by 8.2% in the 1st quarter. Voya Investment Management LLC now owns 4,146,973 shares of the company’s stock valued at $134,818,000 after acquiring an additional 312,795 shares during the period. Finally, Geode Capital Management LLC raised its position in Chewy by 88.1% in the 2nd quarter. Geode Capital Management LLC now owns 4,076,911 shares of the company’s stock valued at $174,097,000 after purchasing an additional 1,909,457 shares during the last quarter. 93.09% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

CHWY has been the subject of several recent research reports. Deutsche Bank Aktiengesellschaft upgraded shares of Chewy from a “hold” rating to a “buy” rating and set a $45.00 target price for the company in a research note on Thursday, September 11th. Seaport Res Ptn raised Chewy from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, September 10th. TD Cowen dropped their target price on Chewy from $50.00 to $48.00 and set a “buy” rating on the stock in a report on Thursday, September 11th. Wall Street Zen cut Chewy from a “buy” rating to a “hold” rating in a research note on Sunday, September 21st. Finally, Royal Bank Of Canada lowered their price objective on shares of Chewy from $44.00 to $43.00 and set an “outperform” rating on the stock in a research report on Thursday, September 11th. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, Chewy presently has a consensus rating of “Moderate Buy” and a consensus price target of $46.58.

Chewy Price Performance

CHWY opened at $32.00 on Thursday. Chewy has a 1-year low of $29.83 and a 1-year high of $48.62. The stock has a market cap of $13.28 billion, a P/E ratio of 66.67, a P/E/G ratio of 3.24 and a beta of 1.56. The stock’s 50 day simple moving average is $33.36 and its 200 day simple moving average is $36.78.

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

Insider Activity

In related news, CEO Sumit Singh sold 40,789 shares of Chewy stock in a transaction dated Tuesday, December 2nd. The stock was sold at an average price of $33.73, for a total transaction of $1,375,812.97. Following the completion of the sale, the chief executive officer owned 623,185 shares in the company, valued at approximately $21,020,030.05. This trade represents a 6.14% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 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 transaction of $297,478.16. Following the completion of the transaction, 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 position. The disclosure for this sale is available in the SEC filing. Insiders have sold 83,985 shares of company stock worth $2,802,809 over the last three months. 0.43% of the stock is currently owned by corporate insiders.

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.