Fieldview Capital Management LLC Invests $2.10 Million in Chewy $CHWY

Key Points

• Fieldview Capital Management bought a new stake of 51,937 Chewy shares in Q3, valued at approximately $2.10 million.
• About 93.09% of Chewy's stock is owned by hedge funds and other institutional investors, with several firms recently adding or increasing small positions.
• Analysts have a consensus rating of “Moderate Buy” (17 Buys, 4 Holds) with a consensus target of $46.05, and recent upgrades include Raymond James (to Outperform) and Goldman Sachs raising its target to $52.

Fieldview Capital Management LLC purchased a new stake in Chewy (NYSE:CHWY - Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 51,937 shares of the company's stock, valued at approximately $2,101,000.

A number of other institutional investors also recently modified their holdings of the business. Quent Capital LLC bought a new position in Chewy in the 3rd quarter worth approximately $27,000. Osterweis Capital Management Inc. purchased a new position in Chewy in the 2nd quarter valued at approximately $30,000. Princeton Global Asset Management LLC bought a new stake in Chewy during the 3rd quarter valued at $40,000. EverSource Wealth Advisors LLC raised its holdings in Chewy by 412.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,091 shares of the company's stock valued at $46,000 after acquiring an additional 878 shares during the period. Finally, Parkside Financial Bank & Trust lifted its position in shares of Chewy by 34.5% during the second quarter. Parkside Financial Bank & Trust now owns 1,161 shares of the company's stock worth $49,000 after acquiring an additional 298 shares in the last quarter. 93.09% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts have recently commented on the company. Raymond James Financial raised Chewy from a "market perform" rating to an "outperform" rating and set a $28.00 price target for the company in a report on Thursday, February 19th. The Goldman Sachs Group increased their price objective on Chewy from $44.00 to $52.00 and gave the stock a "buy" rating in a report on Thursday, December 11th. Barclays cut their target price on Chewy from $52.00 to $48.00 and set an "overweight" rating for the company in a research note on Thursday, March 5th. TD Cowen reaffirmed a "buy" rating on shares of Chewy in a report on Thursday, December 4th. Finally, Wall Street Zen upgraded Chewy from a "hold" rating to a "buy" rating in a research report on Saturday, February 14th. Seventeen research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, Chewy currently has a consensus rating of "Moderate Buy" and a consensus target price of $46.05.

Chewy Price Performance

Shares of NYSE:CHWY opened at $26.17 on Tuesday. The firm has a fifty day moving average price of $29.08 and a two-hundred day moving average price of $33.63. The company has a market cap of $10.86 billion, a price-to-earnings ratio of 54.51, a PEG ratio of 1.71 and a beta of 1.60. Chewy has a one year low of $23.06 and a one year high of $48.62.

Chewy (NYSE:CHWY - Get Free Report) last released its quarterly earnings results on Wednesday, December 10th. The company reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.31 by $0.01. Chewy had a net margin of 1.64% and a return on equity of 56.78%. The firm had revenue of $3.12 billion for the quarter, compared to analysts' expectations of $3.10 billion. During the same quarter in the prior year, the firm posted $0.20 earnings per share. The business'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. Equities research analysts expect that Chewy will post 0.24 EPS for the current fiscal year.

Insider Buying and Selling

In other Chewy news, CTO Satish Mehta sold 13,013 shares of the company's stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $28.99, for a total value of $377,246.87. Following the transaction, the chief technology officer directly owned 273,835 shares in the company, valued at $7,938,476.65. This represents a 4.54% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.43% of the stock is currently owned by 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.

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