Prentiss Smith & Co. Inc. Makes New $1.09 Million Investment in Chewy $CHWY

Prentiss Smith & Co. Inc. acquired a new stake in Chewy (NYSE:CHWY) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 27,055 shares of the company’s stock, valued at approximately $1,094,000.

A number of other institutional investors have also modified their holdings of the company. BC Partners PE LP purchased a new position in Chewy in the first quarter valued at approximately $7,142,402,000. AQR Capital Management LLC raised its stake in shares of Chewy by 231.1% in the 2nd quarter. AQR Capital Management LLC now owns 4,631,343 shares of the company’s stock valued at $196,323,000 after acquiring an additional 3,232,763 shares during the period. State Street Corp lifted its holdings in shares of Chewy by 75.5% during the 2nd quarter. State Street Corp now owns 6,170,197 shares of the company’s stock valued at $262,974,000 after acquiring an additional 2,654,496 shares in the last quarter. Geode Capital Management LLC boosted its position in Chewy by 88.1% during the 2nd quarter. Geode Capital Management LLC now owns 4,076,911 shares of the company’s stock worth $174,097,000 after purchasing an additional 1,909,457 shares during the period. Finally, Invesco Ltd. increased its holdings in Chewy by 34.7% in the 2nd quarter. Invesco Ltd. now owns 7,187,518 shares of the company’s stock valued at $306,332,000 after purchasing an additional 1,852,531 shares in the last quarter. Hedge funds and other institutional investors own 93.09% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the company. The Goldman Sachs Group boosted their price objective on Chewy from $44.00 to $52.00 and gave the stock a “buy” rating in a research note on Thursday, December 11th. Weiss Ratings restated a “hold (c)” rating on shares of Chewy in a report on Wednesday, October 8th. UBS Group set a $42.00 price objective on shares of Chewy in a research report on Thursday, December 11th. Deutsche Bank Aktiengesellschaft raised shares of Chewy from a “hold” rating to a “buy” rating and set a $45.00 target price on the stock in a research report on Thursday, September 11th. Finally, JPMorgan Chase & Co. lowered their price target on shares of Chewy from $47.00 to $45.00 and set an “overweight” rating for the company in a report on Thursday, September 11th. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, Chewy currently has an average rating of “Moderate Buy” and an average target price of $46.72.

Chewy Trading Up 2.4%

Chewy stock opened at $33.29 on Tuesday. Chewy has a 52 week low of $29.83 and a 52 week high of $48.62. The stock has a market cap of $13.81 billion, a P/E ratio of 69.35, a price-to-earnings-growth ratio of 3.28 and a beta of 1.58. The stock has a 50 day moving average of $33.72 and a 200-day moving average of $37.19.

Chewy (NYSE:CHWY) last issued its quarterly earnings results on Wednesday, December 10th. The company reported $0.14 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.17). Chewy had a return on equity of 56.78% and a net margin of 1.64%.The company had revenue of $3.12 billion during the quarter, compared to the consensus estimate of $3.10 billion. During the same quarter last year, the firm posted $0.20 EPS. The firm’s quarterly revenue 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, equities analysts predict that Chewy will post 0.24 earnings per share for the current fiscal year.

Insider Activity

In other news, CAO William G. Billings sold 1,121 shares of the stock in a transaction dated 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Sumit Singh sold 40,789 shares of the business’s stock in a transaction dated 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 sale, the chief executive officer directly owned 623,185 shares of the company’s stock, valued at approximately $21,020,030.05. This represents a 6.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 83,985 shares of company stock worth $2,802,809. 0.43% of the stock is currently owned by corporate insiders.

Chewy Company 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.