Chewy $CHWY Shares Purchased by Illinois Municipal Retirement Fund

Illinois Municipal Retirement Fund grew its holdings in shares of Chewy (NYSE:CHWY) by 46.6% in the third quarter, according to its most recent filing with the SEC. The firm owned 119,364 shares of the company’s stock after acquiring an additional 37,966 shares during the quarter. Illinois Municipal Retirement Fund’s holdings in Chewy were worth $4,828,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Quent Capital LLC bought a new stake in shares of Chewy during the third quarter valued at about $27,000. Osterweis Capital Management Inc. acquired a new position in Chewy during the 2nd quarter valued at about $30,000. Princeton Global Asset Management LLC acquired a new position in Chewy during the 3rd quarter valued at 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 buying an additional 878 shares in the last quarter. Finally, Parkside Financial Bank & Trust lifted its stake in shares of Chewy by 34.5% in the 2nd quarter. Parkside Financial Bank & Trust now owns 1,161 shares of the company’s stock worth $49,000 after acquiring an additional 298 shares during the period. Institutional investors own 93.09% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently issued reports on CHWY. Wedbush set a $42.00 price objective on shares of Chewy and gave the company an “outperform” rating in a research note on Wednesday, December 10th. Barclays increased their price target on Chewy from $47.00 to $52.00 and gave the company an “overweight” rating in a research note on Thursday, December 11th. Wall Street Zen upgraded Chewy from a “hold” rating to a “buy” rating in a research report on Saturday. Weiss Ratings reissued a “hold (c)” rating on shares of Chewy in a research note on Wednesday, January 21st. Finally, Citigroup reaffirmed a “market outperform” rating on shares of Chewy in a research note on Monday, November 24th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $47.21.

Chewy Stock Down 0.2%

Shares of Chewy stock opened at $24.24 on Friday. Chewy has a 12-month low of $24.01 and a 12-month high of $48.62. The firm has a market capitalization of $10.06 billion, a PE ratio of 50.50, a price-to-earnings-growth ratio of 1.63 and a beta of 1.59. The stock’s fifty day moving average is $31.42 and its 200-day moving average is $34.97.

Chewy (NYSE:CHWY) last issued its quarterly earnings results on Wednesday, December 10th. The company reported $0.32 earnings per share for the quarter, topping analysts’ consensus estimates of $0.31 by $0.01. The firm had revenue of $3.12 billion for the quarter, compared to analysts’ expectations of $3.10 billion. Chewy had a return on equity of 56.78% and a net margin of 1.64%.Chewy’s revenue was up 8.1% on a year-over-year basis. During the same quarter last year, the business posted $0.20 EPS. Chewy has set its Q4 2025 guidance at 0.240-0.270 EPS. Analysts expect that Chewy will post 0.24 EPS for the current year.

Insider Activity at Chewy

In related news, CEO Sumit Singh sold 40,789 shares of the firm’s stock in a transaction that occurred 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 completion of the transaction, the chief executive officer owned 623,185 shares of the company’s stock, 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 is accessible through this hyperlink. Also, CTO Satish Mehta sold 13,013 shares of Chewy stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $28.99, for a total transaction of $377,246.87. Following the transaction, the chief technology officer owned 273,835 shares in the company, valued at approximately $7,938,476.65. The trade was a 4.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 69,369 shares of company stock worth $2,276,360. 0.43% of the stock is currently 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.