Blair William & Co. IL Buys 219,629 Shares of Chewy $CHWY

Blair William & Co. IL raised its position in Chewy (NYSE:CHWY) by 25.8% during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 1,069,463 shares of the company’s stock after buying an additional 219,629 shares during the period. Blair William & Co. IL’s holdings in Chewy were worth $45,581,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Golden State Wealth Management LLC grew its stake in shares of Chewy by 104.6% during the first quarter. Golden State Wealth Management LLC now owns 941 shares of the company’s stock worth $31,000 after purchasing an additional 481 shares during the period. N.E.W. Advisory Services LLC acquired a new position in Chewy in the first quarter valued at about $44,000. Parallel Advisors LLC boosted its holdings in Chewy by 73.2% during the second quarter. Parallel Advisors LLC now owns 1,365 shares of the company’s stock worth $58,000 after buying an additional 577 shares during the last quarter. North Star Investment Management Corp. grew its position in shares of Chewy by 26.6% during the 1st quarter. North Star Investment Management Corp. now owns 1,678 shares of the company’s stock worth $55,000 after buying an additional 353 shares during the period. Finally, UMB Bank n.a. increased its stake in shares of Chewy by 225.7% in the 1st quarter. UMB Bank n.a. now owns 1,866 shares of the company’s stock valued at $61,000 after acquiring an additional 1,293 shares during the last quarter. 93.09% of the stock is owned by institutional investors and hedge funds.

Chewy Trading Up 2.1%

NYSE:CHWY opened at $39.04 on Friday. The stock has a market capitalization of $16.19 billion, a PE ratio of 111.54, a P/E/G ratio of 9.56 and a beta of 1.62. Chewy has a 1-year low of $26.28 and a 1-year high of $48.62. The firm has a fifty day simple moving average of $38.69 and a 200 day simple moving average of $38.88.

Chewy (NYSE:CHWY) last released its quarterly earnings data on Wednesday, September 10th. The company reported $0.14 EPS for the quarter, missing the consensus estimate of $0.33 by ($0.19). The company had revenue of $3.10 billion during the quarter, compared to analyst estimates of $3.08 billion. Chewy had a net margin of 1.22% and a return on equity of 50.45%. Chewy’s revenue for the quarter was up 8.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.24 earnings per share. Chewy has set its FY 2025 guidance at EPS. Q3 2025 guidance at 0.280-0.330 EPS. On average, equities analysts predict that Chewy will post 0.24 earnings per share for the current fiscal year.

Insider Buying and Selling at Chewy

In other news, CEO Sumit Singh sold 29,557 shares of the company’s stock in a transaction that occurred on Monday, August 4th. The stock was sold at an average price of $35.57, for a total value of $1,051,342.49. Following the transaction, the chief executive officer owned 540,406 shares of the company’s stock, valued at approximately $19,222,241.42. This represents a 5.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO William G. Billings sold 20,142 shares of the stock in a transaction that occurred on Monday, August 4th. The stock was sold at an average price of $35.57, for a total value of $716,450.94. Following the transaction, the chief accounting officer owned 29,464 shares in the company, valued at approximately $1,048,034.48. This trade represents a 40.60% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 68,657 shares of company stock valued at $2,444,311 in the last three months. 0.43% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on CHWY. Wedbush restated an “outperform” rating and issued a $45.00 price objective on shares of Chewy in a research report on Thursday, September 11th. Weiss Ratings reissued a “hold (c)” rating on shares of Chewy in a research note on Wednesday. Citizens Jmp raised Chewy to a “strong-buy” rating in a research report on Thursday, July 10th. JMP Securities reiterated a “market outperform” rating and set a $48.00 price objective on shares of Chewy in a report on Thursday, September 11th. Finally, Needham & Company LLC reiterated a “hold” rating on shares of Chewy in a research report on Thursday, September 11th. Two analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, Chewy currently has a consensus rating of “Moderate Buy” and an average price target of $45.84.

Chewy Company Profile

Chewy, Inc, together with its subsidiaries, engages in the pure play e-commerce business in the United States. It provides pet food and treats, pet supplies and pet medications, and other pet-health products, as well as pet services for dogs, cats, fish, birds, small pets, horses, and reptiles through its retail websites and mobile applications.