Intech Investment Management LLC Increases Position in Chewy $CHWY

Intech Investment Management LLC lifted its position in shares of Chewy (NYSE:CHWY) by 218.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 173,300 shares of the company’s stock after purchasing an additional 118,903 shares during the period. Intech Investment Management LLC’s holdings in Chewy were worth $7,010,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Quent Capital LLC acquired a new stake in Chewy in the third quarter valued at $27,000. Osterweis Capital Management Inc. purchased a new position in shares of Chewy in the 2nd quarter valued at about $30,000. Princeton Global Asset Management LLC acquired a new stake in shares of Chewy during the 3rd quarter worth about $40,000. EverSource Wealth Advisors LLC raised its position in shares of Chewy by 412.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,091 shares of the company’s stock worth $46,000 after acquiring an additional 878 shares in the last quarter. Finally, Parkside Financial Bank & Trust lifted its stake in Chewy by 34.5% during the second quarter. Parkside Financial Bank & Trust now owns 1,161 shares of the company’s stock worth $49,000 after purchasing an additional 298 shares during the last quarter. Hedge funds and other institutional investors own 93.09% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. Barclays increased their price target on shares of Chewy from $47.00 to $52.00 and gave the company an “overweight” rating in a research note on Thursday, December 11th. Morgan Stanley increased their target price on shares of Chewy from $48.00 to $51.00 and gave the company an “overweight” rating in a research report on Tuesday, January 13th. Wolfe Research set a $44.00 price target on shares of Chewy in a research report on Monday, January 5th. Citigroup restated a “market outperform” rating on shares of Chewy in a research note on Monday, November 24th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Chewy in a research report on Wednesday, January 21st. Seventeen research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $46.25.

Chewy Stock Performance

Shares of Chewy stock opened at $27.43 on Friday. The company has a market capitalization of $11.38 billion, a P/E ratio of 57.15, a PEG ratio of 1.82 and a beta of 1.59. Chewy has a 1 year low of $23.06 and a 1 year high of $48.62. The company’s fifty day moving average is $29.82 and its two-hundred day moving average is $34.28.

Chewy (NYSE:CHWY) last announced 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 business had revenue of $3.12 billion during the quarter, compared to the consensus estimate of $3.10 billion. During the same quarter in the prior year, the firm earned $0.20 earnings per share. The business’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. As a group, equities analysts expect that Chewy will post 0.24 earnings per share for the current year.

Insider Buying and Selling

In related news, CEO Sumit Singh sold 40,789 shares of the stock in a transaction on 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 directly owned 623,185 shares of the company’s stock, valued at $21,020,030.05. This trade represents a 6.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CTO Satish Mehta sold 13,013 shares of Chewy stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $28.99, for a total transaction of $377,246.87. Following the completion of the transaction, the chief technology officer owned 273,835 shares in the company, valued at approximately $7,938,476.65. This trade represents a 4.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 69,369 shares of company stock valued at $2,276,360 over the last ninety days. 0.43% of the stock is owned by 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.