North Dakota State Investment Board Invests $1.70 Million in Chipotle Mexican Grill, Inc. $CMG

Posted by Francis Steltz on May 20th, 2026

North Dakota State Investment Board acquired a new position in Chipotle Mexican Grill, Inc. (NYSE:CMG – Free Report) in the 4th quarter, Holdings Channel reports. The firm acquired 46,004 shares of the restaurant operator’s stock, valued at approximately $1,702,000.

Several other large investors also recently made changes to their positions in the business. Revolve Wealth Partners LLC increased its position in shares of Chipotle Mexican Grill by 4.7% in the fourth quarter. Revolve Wealth Partners LLC now owns 4,804 shares of the restaurant operator’s stock worth $290,000 after acquiring an additional 214 shares in the last quarter. Centurion Wealth Management LLC grew its holdings in Chipotle Mexican Grill by 3.1% during the 4th quarter. Centurion Wealth Management LLC now owns 8,713 shares of the restaurant operator’s stock valued at $322,000 after purchasing an additional 260 shares in the last quarter. City State Bank grew its holdings in Chipotle Mexican Grill by 13.4% during the 4th quarter. City State Bank now owns 2,330 shares of the restaurant operator’s stock valued at $86,000 after purchasing an additional 275 shares in the last quarter. Cromwell Holdings LLC grew its holdings in Chipotle Mexican Grill by 7.4% during the 4th quarter. Cromwell Holdings LLC now owns 4,295 shares of the restaurant operator’s stock valued at $159,000 after purchasing an additional 295 shares in the last quarter. Finally, Catalyst Financial Partners LLC grew its holdings in Chipotle Mexican Grill by 4.6% during the 4th quarter. Catalyst Financial Partners LLC now owns 6,763 shares of the restaurant operator’s stock valued at $250,000 after purchasing an additional 298 shares in the last quarter. Institutional investors and hedge funds own 91.30% of the company’s stock.

Chipotle Mexican Grill Price Performance

NYSE CMG opened at $32.98 on Wednesday. Chipotle Mexican Grill, Inc. has a 12 month low of $29.75 and a 12 month high of $58.42. The company has a market capitalization of $42.30 billion, a price-to-earnings ratio of 30.26, a price-to-earnings-growth ratio of 2.17 and a beta of 1.03. The company’s fifty day moving average price is $33.43 and its two-hundred day moving average price is $35.22.

Chipotle Mexican Grill (NYSE:CMG – Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The restaurant operator reported $0.24 EPS for the quarter, meeting analysts’ consensus estimates of $0.24. Chipotle Mexican Grill had a net margin of 11.96% and a return on equity of 49.64%. The firm had revenue of $3.09 billion for the quarter, compared to the consensus estimate of $3.07 billion. During the same period in the prior year, the firm posted $0.29 EPS. The firm’s revenue was up 7.4% compared to the same quarter last year. As a group, analysts anticipate that Chipotle Mexican Grill, Inc. will post 1.13 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on CMG shares. KeyCorp lowered their price target on shares of Chipotle Mexican Grill from $45.00 to $42.00 and set an “overweight” rating for the company in a report on Wednesday, February 4th. Telsey Advisory Group lowered their price target on shares of Chipotle Mexican Grill from $50.00 to $48.00 and set an “outperform” rating for the company in a report on Wednesday, February 4th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $48.00 price target on shares of Chipotle Mexican Grill in a report on Wednesday, February 4th. Citigroup raised their price target on shares of Chipotle Mexican Grill from $44.00 to $46.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Finally, Argus raised shares of Chipotle Mexican Grill from a “hold” rating to a “buy” rating and set a $40.00 price target for the company in a report on Tuesday, May 5th. Twenty-four investment analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $46.03.

Get Our Latest Analysis on Chipotle Mexican Grill

Chipotle Mexican Grill Profile

(Free Report)

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.