Palisade Capital Management LP Takes $517,000 Position in Chipotle Mexican Grill, Inc. $CMG

Posted by Francis Steltz on Aug 27th, 2026

Palisade Capital Management LP purchased a new stake in Chipotle Mexican Grill, Inc. (NYSE:CMG – Free Report) during the second quarter, Holdings Channel reports. The institutional investor purchased 15,205 shares of the restaurant operator’s stock, valued at approximately $517,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. BlackRock Inc. acquired a new position in Chipotle Mexican Grill during the second quarter valued at approximately $4,417,475,000. Norges Bank acquired a new stake in Chipotle Mexican Grill in the fourth quarter worth $711,837,000. Capital World Investors boosted its position in shares of Chipotle Mexican Grill by 15.8% during the fourth quarter. Capital World Investors now owns 101,688,010 shares of the restaurant operator’s stock worth $3,762,457,000 after purchasing an additional 13,843,222 shares in the last quarter. Clearbridge Investments LLC boosted its position 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 purchasing an additional 9,473,120 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD grew its holdings in shares of Chipotle Mexican Grill by 18.8% in the 4th 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 buying an additional 9,237,720 shares during the period. Institutional investors 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.

Chipotle Mexican Grill Price Performance

CMG 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 P/E/G ratio of 2.38 and a beta of 0.94. Chipotle Mexican Grill, Inc. has a fifty-two week low of $28.03 and a fifty-two week high of $42.94. The business has a 50-day moving average of $34.12 and a 200-day moving average of $33.93.

Chipotle Mexican Grill (NYSE:CMG – Get Free Report) last announced its earnings results on Wednesday, July 29th. The restaurant operator reported $0.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.32 by $0.01. The business had revenue of $3.35 billion for the quarter, compared to analyst estimates of $3.33 billion. Chipotle Mexican Grill had a return on equity of 54.65% and a net margin of 11.43%.Chipotle Mexican Grill’s revenue for the quarter was up 9.3% compared to the same quarter last year. During the same quarter last year, the firm earned $0.33 EPS. Equities analysts expect that Chipotle Mexican Grill, Inc. will post 1.14 EPS for the current year.

Insider Buying and Selling at Chipotle Mexican Grill

In other news, insider Matthew R. Bush sold 2,675 shares of Chipotle Mexican Grill stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $35.75, for a total value of $95,631.25. Following the sale, the insider directly owned 21,415 shares in the company, valued at $765,586.25. This trade represents a 11.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.45% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

CMG has been the subject of a number of recent analyst reports. Mizuho upped their price objective on shares of Chipotle Mexican Grill from $40.00 to $41.00 and gave the company an “outperform” rating in a research report on Monday, July 13th. Raymond James Financial reiterated an “outperform” rating and set a $42.50 price objective on shares of Chipotle Mexican Grill in a report on Thursday, July 30th. BTIG Research reiterated a “buy” rating and issued a $45.00 price objective on shares of Chipotle Mexican Grill in a research report on Wednesday, August 5th. Barclays lowered their target price on Chipotle Mexican Grill from $40.00 to $38.00 and set an “equal weight” rating for the company in a research note on Thursday, April 30th. Finally, BNP Paribas Exane raised their target price on shares of Chipotle Mexican Grill from $37.00 to $39.00 and gave the stock a “neutral” rating in a report on Thursday, April 30th. Twenty-three research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. According to MarketBeat.com, Chipotle Mexican Grill has an average rating of “Moderate Buy” and an average price target of $43.84.

Get Our Latest Report on CMG

About Chipotle Mexican Grill

(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.