Commonwealth Equity Services LLC trimmed its holdings in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG – Free Report) by 5.1% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 581,324 shares of the restaurant operator’s stock after selling 31,462 shares during the period. Commonwealth Equity Services LLC’s holdings in Chipotle Mexican Grill were worth $22,782,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds have also made changes to their positions in the company. Operose Advisors LLC acquired a new stake in shares of Chipotle Mexican Grill during the 2nd quarter worth about $25,000. Salomon & Ludwin LLC acquired a new position in Chipotle Mexican Grill in the third quarter valued at approximately $26,000. 1248 Management LLC purchased a new position in Chipotle Mexican Grill in the first quarter valued at approximately $27,000. Signature Resources Capital Management LLC acquired a new stake in Chipotle Mexican Grill during the second quarter worth approximately $28,000. Finally, Lavaca Capital LLC acquired a new stake in Chipotle Mexican Grill during the second quarter worth approximately $28,000. 91.30% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
CMG has been the subject of several research analyst reports. Truist Financial upped their target price on shares of Chipotle Mexican Grill from $45.00 to $50.00 and gave the company a “buy” rating in a report on Thursday. BTIG Research reduced their price target on shares of Chipotle Mexican Grill from $57.00 to $45.00 and set a “buy” rating for the company in a research report on Thursday, October 30th. KeyCorp dropped their price objective on Chipotle Mexican Grill from $52.00 to $45.00 and set an “overweight” rating on the stock in a report on Thursday, October 30th. Wells Fargo & Company cut their target price on Chipotle Mexican Grill from $55.00 to $45.00 and set an “overweight” rating on the stock in a research report on Thursday, October 30th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Chipotle Mexican Grill in a report on Monday, December 29th. Two analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and twelve have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $49.93.
Chipotle Mexican Grill Stock Up 0.8%
CMG opened at $39.16 on Friday. Chipotle Mexican Grill, Inc. has a 52 week low of $29.75 and a 52 week high of $59.57. The business has a 50 day moving average price of $34.40 and a two-hundred day moving average price of $41.15. The company has a market cap of $51.78 billion, a PE ratio of 34.66, a P/E/G ratio of 3.79 and a beta of 0.97.
Chipotle Mexican Grill (NYSE:CMG – Get Free Report) last released its earnings results on Wednesday, October 29th. The restaurant operator reported $0.29 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.29. Chipotle Mexican Grill had a return on equity of 45.39% and a net margin of 13.04%.The business had revenue of $3 billion for the quarter, compared to analyst estimates of $3.06 billion. During the same quarter in the previous year, the company posted $0.27 earnings per share. The company’s revenue for the quarter was up 7.5% compared to the same quarter last year. As a group, sell-side analysts expect that Chipotle Mexican Grill, Inc. will post 1.29 EPS for the current fiscal year.
Trending Headlines about Chipotle Mexican Grill
Here are the key news stories impacting Chipotle Mexican Grill this week:
- Positive Sentiment: Truist raised its price target to $50 and kept a “buy” rating, signaling bullish analyst conviction that Chipotle’s shares have upside from here. Chipotle price target raised by Truist (TickerReport)
- Positive Sentiment: Barclays bumped its target from $38 to $44 (now equal weight), which supports the view that valuation is improving as execution and comps stabilize. Barclays raises PT to $44 (Benzinga)
- Positive Sentiment: Analysts and media highlight Chipotle’s efficiency initiatives and disciplined unit growth as catalysts that should lift long-term earnings, reinforcing the expansion-led recovery story. How Chipotle’s Efficiency Push and Expansion Plans Have Changed Its Investment Story
- Positive Sentiment: Market momentum: Chipotle shares have climbed ~16% over the past month on signs of better execution and improved investor sentiment, which can attract momentum flows. CMG Stock Rises 16% in a Month (Zacks)
- Neutral Sentiment: Sanford C. Bernstein reiterated an “Outperform” rating but reduced its price target from $50 to $40 — a mixed signal that keeps institutional support but notes more cautious near-term expectations. Bernstein Reiterates ‘Outperform’ Rating, Reduces PT
- Neutral Sentiment: Several deep-dive pieces (Investopedia, Yahoo Finance) are re-examining valuation and the “revival” thesis—useful context for investors weighing whether the rebound is durable. Is Chipotle Stock Serving Up a ‘Spicy Revival Story’ (Investopedia)
- Negative Sentiment: Counterarguments: commentary warns that same-store-sales weakness and elevated valuation could make CMG a “value trap” if comps don’t sustainably recover. That risk keeps some investors cautious. Chipotle Stock Under $45: Golden Opportunity or Value Trap? (Fool)
- Negative Sentiment: Unit expansion can pressure comparable-store sales (cannibalization) in the near term; analysts note new openings may modestly drag comps even while supporting long-term returns. Chipotle Scales Unit Growth: What’s the Cannibalization Impact? (Zacks)
Chipotle Mexican Grill 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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