Pembroke Management LTD Increases Stock Position in Chewy $CHWY

Pembroke Management LTD raised its stake in shares of Chewy (NYSE:CHWY) by 10.0% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 302,100 shares of the company’s stock after acquiring an additional 27,527 shares during the period. Pembroke Management LTD’s holdings in Chewy were worth $12,220,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the stock. Royal Bank of Canada boosted its position in shares of Chewy by 2.5% during the 1st quarter. Royal Bank of Canada now owns 220,509 shares of the company’s stock worth $7,168,000 after purchasing an additional 5,466 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in Chewy during the first quarter worth $510,000. NewEdge Advisors LLC boosted its position in shares of Chewy by 5,238.3% during the first quarter. NewEdge Advisors LLC now owns 32,510 shares of the company’s stock worth $1,057,000 after buying an additional 31,901 shares during the period. Goldman Sachs Group Inc. boosted its position in shares of Chewy by 1.5% during the first quarter. Goldman Sachs Group Inc. now owns 1,176,138 shares of the company’s stock worth $38,236,000 after buying an additional 17,788 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Chewy by 31.6% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 383,966 shares of the company’s stock valued at $12,483,000 after buying an additional 92,129 shares in the last quarter. 93.09% of the stock is currently owned by institutional investors and hedge funds.

Chewy Stock Performance

Shares of CHWY opened at $33.75 on Friday. Chewy has a 1 year low of $29.83 and a 1 year high of $48.62. The stock has a market capitalization of $14.01 billion, a PE ratio of 70.31, a PEG ratio of 3.32 and a beta of 1.56. The stock has a 50-day simple moving average of $33.27 and a 200-day simple moving average of $36.33.

Chewy (NYSE:CHWY) last issued its earnings results on Wednesday, December 10th. The company reported $0.14 earnings per share 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 firm had revenue of $3.12 billion during the quarter, compared to analyst estimates of $3.10 billion. During the same period last year, the business earned $0.20 EPS. The firm’s revenue was up 8.1% compared to the same quarter last year. Chewy has set its Q4 2025 guidance at 0.240-0.270 EPS. Analysts predict that Chewy will post 0.24 EPS for the current year.

Wall Street Analyst Weigh In

CHWY has been the topic of several research reports. Moffett Nathanson raised Chewy from a “neutral” rating to a “buy” rating and set a $48.00 target price on the stock in a research note on Thursday, September 25th. The Goldman Sachs Group lifted their target price on Chewy from $44.00 to $52.00 and gave the company a “buy” rating in a research report on Thursday, December 11th. Barclays increased their price target on shares of Chewy from $47.00 to $52.00 and gave the stock an “overweight” rating in a research report on Thursday, December 11th. Morgan Stanley raised their price objective on shares of Chewy from $48.00 to $51.00 and gave the company an “overweight” rating in a research note on Tuesday. Finally, Piper Sandler reaffirmed an “overweight” rating and set a $48.00 target price on shares of Chewy in a research note on Tuesday, December 2nd. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, Chewy has an average rating of “Moderate Buy” and an average price target of $47.21.

Insider Transactions at Chewy

In other Chewy news, CTO Satish Mehta sold 8,872 shares of the firm’s stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $33.53, for a total value of $297,478.16. Following the sale, the chief technology officer directly owned 229,702 shares in the company, valued at $7,701,908.06. This trade represents a 3.72% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO William G. Billings sold 1,121 shares of Chewy stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $32.72, for a total value of $36,679.12. Following the sale, the chief accounting officer directly owned 31,045 shares of the company’s stock, valued at $1,015,792.40. This trade represents a 3.49% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 83,985 shares of company stock valued at $2,802,809. Insiders own 0.43% of the company’s stock.

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.