New York State Teachers Retirement System Grows Stock Holdings in Chewy $CHWY

New York State Teachers Retirement System raised its holdings in shares of Chewy (NYSE:CHWY) by 25.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 180,477 shares of the company’s stock after acquiring an additional 36,803 shares during the quarter. New York State Teachers Retirement System’s holdings in Chewy were worth $7,300,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Y Intercept Hong Kong Ltd bought a new stake in shares of Chewy during the second quarter valued at about $6,480,000. Mutual of America Capital Management LLC grew its stake in Chewy by 28.0% during the second quarter. Mutual of America Capital Management LLC now owns 109,139 shares of the company’s stock valued at $4,652,000 after acquiring an additional 23,883 shares in the last quarter. CWM LLC lifted its stake in Chewy by 8,785.0% in the 3rd 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. Allspring Global Investments Holdings LLC lifted its stake in Chewy by 35.1% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 2,557,457 shares of the company’s stock worth $101,122,000 after purchasing an additional 665,113 shares in the last quarter. Finally, Fluent Financial LLC purchased a new position in shares of Chewy during the 3rd quarter valued at $1,733,000. 93.09% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on CHWY shares. UBS Group set a $51.00 price objective on Chewy in a research report on Tuesday. Citigroup reiterated a “market outperform” rating on shares of Chewy in a research report on Monday, November 24th. Weiss Ratings reissued a “hold (c)” rating on shares of Chewy in a report on Wednesday, October 8th. Piper Sandler restated an “overweight” rating and issued a $48.00 price objective on shares of Chewy in a research report on Tuesday, December 2nd. Finally, Wedbush set a $42.00 target price on shares of Chewy and gave the company an “outperform” rating in a research note on Wednesday, December 10th. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, Chewy has an average rating of “Moderate Buy” and an average target price of $47.21.

Chewy Stock Up 2.2%

Shares of CHWY stock opened at $32.76 on Friday. The business has a 50-day moving average price of $33.26 and a two-hundred day moving average price of $36.39. Chewy has a 12-month low of $29.83 and a 12-month high of $48.62. The firm has a market cap of $13.60 billion, a P/E ratio of 68.25, a price-to-earnings-growth ratio of 3.23 and a beta of 1.56.

Chewy (NYSE:CHWY) last announced its quarterly earnings data on Wednesday, December 10th. The company reported $0.14 earnings per share 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 analysts’ expectations of $3.10 billion. Chewy had a net margin of 1.64% and a return on equity of 56.78%. The business’s quarterly revenue was up 8.1% on a year-over-year basis. During the same period in the prior year, the business posted $0.20 earnings per share. 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.

Insiders Place Their Bets

In related news, CAO William G. Billings sold 1,121 shares of the stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $32.72, for a total transaction of $36,679.12. Following the transaction, the chief accounting officer owned 31,045 shares of the company’s stock, valued at approximately $1,015,792.40. This trade represents a 3.49% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Sumit Singh sold 40,789 shares of Chewy 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 transaction, the chief executive officer owned 623,185 shares in the company, valued at approximately $21,020,030.05. The trade was a 6.14% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 83,985 shares of company stock valued at $2,802,809. 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.