Chewy $CHWY Stake Raised by Retirement Systems of Alabama

Retirement Systems of Alabama raised its holdings in Chewy (NYSE:CHWY) by 12.8% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 538,376 shares of the company’s stock after acquiring an additional 61,007 shares during the quarter. Retirement Systems of Alabama owned 0.13% of Chewy worth $21,777,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently made changes to their positions in CHWY. Y Intercept Hong Kong Ltd acquired a new stake in Chewy during the 2nd quarter worth about $6,480,000. CWM LLC lifted its position in shares of Chewy by 8,785.0% in the third quarter. CWM LLC now owns 284,499 shares of the company’s stock worth $11,508,000 after purchasing an additional 281,297 shares in the last quarter. Mutual of America Capital Management LLC boosted its holdings in shares of Chewy by 28.0% during the second quarter. Mutual of America Capital Management LLC now owns 109,139 shares of the company’s stock worth $4,652,000 after purchasing an additional 23,883 shares during the period. Nordea Investment Management AB acquired a new stake in shares of Chewy during the third quarter worth approximately $6,967,000. Finally, Allspring Global Investments Holdings LLC grew its position in Chewy by 35.1% during the third quarter. Allspring Global Investments Holdings LLC now owns 2,557,457 shares of the company’s stock valued at $101,122,000 after purchasing an additional 665,113 shares in the last quarter. Institutional investors and hedge funds own 93.09% of the company’s stock.

Chewy Price Performance

Shares of NYSE:CHWY opened at $31.43 on Tuesday. The stock has a market capitalization of $13.04 billion, a P/E ratio of 65.48, a P/E/G ratio of 3.19 and a beta of 1.56. The business has a 50-day moving average of $33.12 and a two-hundred day moving average of $35.93. 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 quarterly earnings data on Wednesday, December 10th. The company reported $0.32 EPS for the quarter, beating analysts’ consensus estimates of $0.31 by $0.01. Chewy had a return on equity of 56.78% and a net margin of 1.64%.The business had revenue of $3.12 billion for the quarter, compared to analyst estimates of $3.10 billion. During the same quarter in the prior year, the firm posted $0.20 EPS. The firm’s revenue for the quarter 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, research analysts expect that Chewy will post 0.24 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. Wolfe Research set a $44.00 target price on shares of Chewy in a research report on Monday, January 5th. UBS Group set a $51.00 price objective on Chewy in a report on Tuesday, January 13th. Morgan Stanley lifted their price objective on Chewy from $48.00 to $51.00 and gave the company an “overweight” rating in a research report on Tuesday, January 13th. Needham & Company LLC reaffirmed a “hold” rating on shares of Chewy in a research report on Thursday, December 11th. Finally, Citigroup reiterated a “market outperform” rating on shares of Chewy in a report on Monday, November 24th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $47.21.

Insider Transactions at Chewy

In related news, CEO Sumit Singh sold 40,789 shares of Chewy stock in a transaction on Tuesday, December 2nd. The shares were sold at an average price of $33.73, for a total value of $1,375,812.97. Following the transaction, the chief executive officer owned 623,185 shares in the company, valued at $21,020,030.05. This trade represents a 6.14% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CAO William G. Billings sold 1,121 shares of the business’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $32.72, for a total transaction of $36,679.12. Following the transaction, the chief accounting officer directly owned 31,045 shares of the company’s stock, valued at approximately $1,015,792.40. This represents a 3.49% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 83,985 shares of company stock worth $2,802,809. 0.43% of the stock is owned by insiders.

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.