Chewy $CHWY Holdings Increased by Voya Investment Management LLC

Voya Investment Management LLC lifted its stake in Chewy (NYSE:CHWY) by 5.1% in the third quarter, HoldingsChannel reports. 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’s holdings in Chewy were worth $116,265,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in CHWY. ST Germain D J Co. Inc. boosted its stake in Chewy by 26.7% during the 3rd quarter. ST Germain D J Co. Inc. now owns 4,139 shares of the company’s stock valued at $167,000 after purchasing an additional 872 shares in the last quarter. Central Pacific Bank Trust Division lifted its holdings in shares of Chewy by 52.5% in the third quarter. Central Pacific Bank Trust Division now owns 18,631 shares of the company’s stock valued at $754,000 after buying an additional 6,410 shares during the period. GAMMA Investing LLC boosted its stake in Chewy by 22.4% during the third quarter. GAMMA Investing LLC now owns 4,123 shares of the company’s stock valued at $167,000 after buying an additional 754 shares in the last quarter. Corient Private Wealth LLC acquired a new position in Chewy during the second quarter worth about $438,000. Finally, Centaurus Financial Inc. bought a new stake in Chewy in the second quarter worth about $120,000. 93.09% of the stock is currently owned by institutional investors.

Insider Transactions at Chewy

In other news, CEO Sumit Singh sold 40,789 shares of the 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 transaction, the chief executive officer owned 623,185 shares of the company’s stock, valued at approximately $21,020,030.05. This represents a 6.14% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO William G. Billings sold 1,121 shares of the firm’s stock in a transaction that occurred on Monday, November 3rd. The shares were 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 disclosure for this sale is available in the SEC filing. Insiders have sold a total of 83,985 shares of company stock worth $2,802,809 in the last 90 days. 0.43% of the stock is owned by insiders.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. UBS Group set a $42.00 price objective on shares of Chewy in a research report on Thursday, December 11th. Morgan Stanley decreased their price target on shares of Chewy from $50.00 to $48.00 and set an “overweight” rating on the stock in a research report on Thursday, September 11th. Moffett Nathanson upgraded Chewy from a “neutral” rating to a “buy” rating and set a $48.00 price objective for the company in a research report on Thursday, September 25th. The Goldman Sachs Group boosted their target price on Chewy from $44.00 to $52.00 and gave the stock a “buy” rating in a research report on Thursday, December 11th. Finally, Seaport Res Ptn raised Chewy from a “hold” rating to a “strong-buy” rating in a report on Wednesday, September 10th. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, Chewy currently has a consensus rating of “Moderate Buy” and a consensus price target of $46.72.

Chewy Stock Performance

Shares of CHWY opened at $32.44 on Friday. Chewy has a 52 week low of $29.83 and a 52 week high of $48.62. The company has a market capitalization of $13.46 billion, a PE ratio of 67.58, a PEG ratio of 3.25 and a beta of 1.58. The company’s 50 day moving average price is $34.40 and its 200 day moving average price is $37.86.

Chewy (NYSE:CHWY) last posted its quarterly earnings results on Wednesday, December 10th. The company reported $0.14 EPS for the quarter, missing the consensus estimate of $0.31 by ($0.17). Chewy had a net margin of 1.64% and a return on equity of 56.78%. The company had revenue of $3.12 billion for the quarter, compared to analysts’ expectations of $3.10 billion. During the same quarter in the prior year, the firm 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. On average, equities analysts forecast that Chewy will post 0.24 earnings per share for the current fiscal year.

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.