Bluefin Capital Management LLC bought a new stake in Chipotle Mexican Grill, Inc. (NYSE:CMG – Free Report) during the second quarter, Holdings Channel reports. The firm bought 19,317 shares of the restaurant operator’s stock, valued at approximately $657,000.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. BlackRock Inc. bought a new position in shares of Chipotle Mexican Grill in the second quarter worth about $4,417,475,000. Norges Bank acquired a new stake in Chipotle Mexican Grill in the 4th quarter valued at approximately $711,837,000. Capital World Investors increased its position in Chipotle Mexican Grill by 15.8% in the 4th quarter. Capital World Investors now owns 101,688,010 shares of the restaurant operator’s stock worth $3,762,457,000 after buying an additional 13,843,222 shares during the period. Clearbridge Investments LLC lifted its holdings in shares of Chipotle Mexican Grill by 206.4% during the fourth quarter. Clearbridge Investments LLC now owns 14,062,158 shares of the restaurant operator’s stock worth $520,300,000 after buying an additional 9,473,120 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD boosted its position in shares of Chipotle Mexican Grill by 18.8% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 58,447,867 shares of the restaurant operator’s stock valued at $2,162,572,000 after acquiring an additional 9,237,720 shares during the period. Institutional investors and hedge funds own 91.30% of the company’s stock.
Chipotle Mexican Grill News Roundup
Here are the key news stories impacting Chipotle Mexican Grill this week:
- Positive Sentiment: Chipotle is offering free double protein on August 27 with code PROTEIN as its Honey Chicken promotion enters its final week. The one-day offer could boost digital orders, restaurant traffic and customer engagement, although the discount may limit the immediate margin benefit. Chipotle free double protein promotion
- Neutral Sentiment: Robert W. Baird reaffirmed a Neutral rating, with reports indicating a lower price target of $40 from $44. The change suggests the firm sees limited risk-adjusted upside after CMG’s recent advance, rather than a sharply bearish outlook. Baird neutral rating on Chipotle
- Negative Sentiment: CEO Scott Boatwright sold 31,522 shares valued at approximately $1.1 million, equal to about 9% of his pre-sale holdings. The transaction may weigh on sentiment, though the filing does not by itself establish that management expects the stock to fall. Chipotle CEO stock sale
- Negative Sentiment: CFO Adam Rymer disposed of 9,276 shares for roughly $327,000, representing 10% of his prior equity holdings. The sale was described as non-discretionary, which reduces its bearish significance, but it adds to the recent insider-selling narrative. Chipotle CFO stock sale
- Negative Sentiment: Insider Matthew Bush also sold 2,675 shares for approximately $95,631, reducing his position by 11.1%. Multiple insider dispositions can reinforce profit-taking concerns, even when individual sales may be routine. Chipotle insider sale
- Negative Sentiment: Recent analysis says CMG may be fully valued following strong promotional sales, international expansion and expectations for a Saudi Arabia debut. Analysts also flag elevated costs and the possibility that Chipotle will need greater marketing or operating investment to sustain slower growth, potentially pressuring margins.
Insider Buying and Selling at Chipotle Mexican Grill
Wall Street Analyst Weigh In
A number of analysts have recently issued reports on CMG shares. BTIG Research restated a “buy” rating and set a $45.00 price objective on shares of Chipotle Mexican Grill in a research report on Wednesday, August 5th. Stephens reiterated a “positive” rating and set a $40.00 price target (up from $36.00) on shares of Chipotle Mexican Grill in a research note on Thursday, July 30th. Morgan Stanley boosted their price target on shares of Chipotle Mexican Grill from $37.00 to $39.00 and gave the company an “equal weight” rating in a report on Thursday, July 30th. UBS Group restated a “buy” rating on shares of Chipotle Mexican Grill in a research note on Friday, July 31st. Finally, Evercore reaffirmed an “outperform” rating and set a $47.00 price objective on shares of Chipotle Mexican Grill in a report on Thursday, July 30th. Twenty-three equities research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $43.84.
View Our Latest Stock Analysis on CMG
Chipotle Mexican Grill Stock Down 0.4%
Shares of Chipotle Mexican Grill stock opened at $37.29 on Thursday. The stock has a market capitalization of $47.19 billion, a P/E ratio of 34.21, a price-to-earnings-growth ratio of 2.38 and a beta of 0.94. The company has a 50-day simple moving average of $34.12 and a 200 day simple moving average of $33.93. Chipotle Mexican Grill, Inc. has a 12-month low of $28.03 and a 12-month high of $42.94.
Chipotle Mexican Grill (NYSE:CMG – Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The restaurant operator reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.32 by $0.01. The firm had revenue of $3.35 billion during the quarter, compared to the consensus estimate of $3.33 billion. Chipotle Mexican Grill had a net margin of 11.43% and a return on equity of 54.65%. The firm’s quarterly revenue was up 9.3% on a year-over-year basis. During the same period last year, the firm posted $0.33 EPS. On average, equities analysts anticipate that Chipotle Mexican Grill, Inc. will post 1.14 earnings per share for the current year.
Chipotle Mexican Grill Company Profile
Chipotle Mexican Grill is a fast-casual restaurant company known for its Mexican-inspired menu of burritos, bowls, tacos and salads. Founded in 1993 by Steve Ells, the chain emphasizes fresh, customizable meals made from a limited menu of core ingredients and a focus on ingredient quality. Chipotle operates primarily company-owned restaurants and offers dine-in, takeout, catering and delivery through its own digital platforms and third-party partners.
The company is headquartered in Newport Beach, California, and traces its roots to Denver, Colorado.
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