Goelzer Investment Management Inc. grew its stake in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG – Free Report) by 837.3% in the 3rd quarter, Holdings Channel reports. The firm owned 56,235 shares of the restaurant operator’s stock after acquiring an additional 50,235 shares during the quarter. Goelzer Investment Management Inc.’s holdings in Chipotle Mexican Grill were worth $1,797,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds have also made changes to their positions in the company. NFSG Corp boosted its position in Chipotle Mexican Grill by 294.0% during the 3rd quarter. NFSG Corp now owns 15,642 shares of the restaurant operator’s stock valued at $500,000 after purchasing an additional 11,672 shares during the period. V Square Quantitative Management LLC grew its stake in Chipotle Mexican Grill by 3.6% during the 3rd quarter. V Square Quantitative Management LLC now owns 30,609 shares of the restaurant operator’s stock worth $978,000 after buying an additional 1,073 shares during the last quarter. Comprehensive Financial Consultants Institutional Inc. grew its stake in Chipotle Mexican Grill by 1.2% during the 3rd quarter. Comprehensive Financial Consultants Institutional Inc. now owns 85,107 shares of the restaurant operator’s stock worth $2,719,000 after buying an additional 1,033 shares during the last quarter. AdvisorNet Financial Inc grew its stake in Chipotle Mexican Grill by 322.1% during the 3rd quarter. AdvisorNet Financial Inc now owns 31,430 shares of the restaurant operator’s stock worth $1,004,000 after buying an additional 23,984 shares during the last quarter. Finally, Community Trust & Investment Co. increased its position in Chipotle Mexican Grill by 37.6% in the third quarter. Community Trust & Investment Co. now owns 566,205 shares of the restaurant operator’s stock worth $18,090,000 after buying an additional 154,662 shares during the period. 91.30% of the stock is currently owned by institutional investors and hedge funds.
Chipotle Mexican Grill News Roundup
Here are the key news stories impacting Chipotle Mexican Grill this week:
- Positive Sentiment: Raymond James maintained an “outperform” rating while lowering its price target from $42.50 to $37.00. The revised target still implies substantial upside from recent trading levels, suggesting the firm views the recent decline as excessive. Raymond James lowers Chipotle price target
- Positive Sentiment: Morgan Stanley raised its price target from $39 to $40, although it retained an “equal weight” rating. The move indicates modestly improved valuation expectations.
- Positive Sentiment: UBS expects Chipotle’s sales growth to strengthen in 2027, supported by new initiatives and investments intended to increase customer traffic and engagement. Historical performance also offers a potential seasonal catalyst: shares produced double-digit fourth-quarter returns in 2020 and 2023. History says Q4 will bring for Chipotle stock
- Neutral Sentiment: Restaurant chains, including Chipotle, are adjusting portion sizes, menu formats and pricing strategies as consumers become more price-conscious. These changes could support traffic but may also affect average checks and margins. Restaurant chains adjust menu strategies
- Negative Sentiment: UBS projects broadly in-line third-quarter sales, including same-store sales growth of 1.5%, but warns that weaker trends entering the fourth quarter could pressure near-term results. Sales growth and restaurant margins remain challenged ahead of the expected 2027 recovery. UBS outlook for Chipotle
- Negative Sentiment: Stephens lowered its price target from $40 to $38 and kept an “equal weight” rating, reinforcing concerns about limited near-term operating momentum.
Insider Activity at Chipotle Mexican Grill
In other news, insider Matthew R. Bush sold 2,675 shares of the business’s stock in a transaction on Friday, August 21st. The stock was sold at an average price of $35.75, for a total value of $95,631.25. Following the sale, the insider owned 21,415 shares of the company’s stock, valued at approximately $765,586.25. The trade was a 11.10% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.45% of the company’s stock.
Analyst Upgrades and Downgrades
CMG has been the topic of a number of recent research reports. Mizuho reiterated an “outperform” rating and issued a $43.00 target price on shares of Chipotle Mexican Grill in a research note on Tuesday, September 1st. Guggenheim reissued a “neutral” rating and set a $36.00 price target (up from $35.00) on shares of Chipotle Mexican Grill in a report on Friday, July 31st. TD Cowen restated a “buy” rating and set a $44.00 price target on shares of Chipotle Mexican Grill in a research report on Thursday, July 30th. UBS Group restated a “buy” rating on shares of Chipotle Mexican Grill in a research report on Friday, October 9th. Finally, Seaport Research Partners started coverage on shares of Chipotle Mexican Grill in a report on Wednesday, September 16th. They issued a “neutral” rating on the stock. Twenty-two research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $43.67.
View Our Latest Research Report on Chipotle Mexican Grill
Chipotle Mexican Grill Price Performance
Shares of NYSE:CMG opened at $29.84 on Friday. Chipotle Mexican Grill, Inc. has a 12 month low of $28.03 and a 12 month high of $42.74. The stock has a market cap of $37.75 billion, a price-to-earnings ratio of 27.37, a PEG ratio of 1.83 and a beta of 0.96. The stock’s 50 day moving average price is $33.97 and its 200 day moving average price is $33.46.
Chipotle Mexican Grill (NYSE:CMG – Get Free Report) last released its earnings results on Wednesday, July 29th. The restaurant operator reported $0.33 earnings per share for the quarter, topping analysts’ consensus estimates 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 return on equity of 54.65% and a net margin of 11.43%. The firm’s revenue for the quarter was up 9.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.33 earnings per share. On average, sell-side analysts expect that Chipotle Mexican Grill, Inc. will post 1.14 EPS for the current year.
Chipotle Mexican Grill Profile
Chipotle Mexican Grill, Inc is a fast-casual restaurant company that specializes in Mexican-inspired food made with a limited number of core ingredients. Its menu includes burritos, burrito bowls, tacos, quesadillas, salads and sides, with options such as chicken, steak, barbacoa, carnitas, sofritas and vegetables. The company also offers beverages, including soft drinks and other drinks, and allows customers to customize meals.
Founded by Steve Ells in 1993, Chipotle operates company-owned restaurants under the Chipotle Mexican Grill brand.
Featured Stories
- Five stocks we like better than Chipotle Mexican Grill
- Rocket Lab’s Neutron Delay Leaves Wall Street Bullish But Raises the Stakes for 2027
- ManpowerGroup Stock Sinks on Q3 Results, But Fundamentals Stay Solid
- Does the AI Selloff Put Alphabet’s Breakout in Doubt?
- Bank Earnings Are Mixed—These 2 ETFs Offer Very Different Paths to a Recovery
Want to see what other hedge funds are holding CMG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Chipotle Mexican Grill, Inc. (NYSE:CMG – Free Report).
Receive News & Ratings for Chipotle Mexican Grill Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chipotle Mexican Grill and related companies with MarketBeat.com's FREE daily email newsletter.
