D.A. Davidson & CO. Sells 20,770 Shares of Chipotle Mexican Grill, Inc. $CMG

D.A. Davidson & CO. lowered its position in Chipotle Mexican Grill, Inc. (NYSE:CMG) by 18.5% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 91,301 shares of the restaurant operator’s stock after selling 20,770 shares during the period. D.A. Davidson & CO.’s holdings in Chipotle Mexican Grill were worth $3,578,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Ascent Group LLC grew its holdings in Chipotle Mexican Grill by 3.5% in the second quarter. Ascent Group LLC now owns 5,752 shares of the restaurant operator’s stock worth $323,000 after purchasing an additional 193 shares during the last quarter. E. Ohman J or Asset Management AB boosted its position in shares of Chipotle Mexican Grill by 0.3% in the 2nd quarter. E. Ohman J or Asset Management AB now owns 59,234 shares of the restaurant operator’s stock worth $3,326,000 after purchasing an additional 194 shares in the last quarter. Occidental Asset Management LLC grew its stake in Chipotle Mexican Grill by 2.8% during the 2nd quarter. Occidental Asset Management LLC now owns 7,257 shares of the restaurant operator’s stock worth $407,000 after buying an additional 195 shares during the last quarter. Perennial Advisors LLC grew its stake in Chipotle Mexican Grill by 3.1% during the 2nd quarter. Perennial Advisors LLC now owns 6,667 shares of the restaurant operator’s stock worth $374,000 after buying an additional 200 shares during the last quarter. Finally, Quent Capital LLC increased its position in Chipotle Mexican Grill by 2.0% during the 2nd quarter. Quent Capital LLC now owns 10,555 shares of the restaurant operator’s stock valued at $593,000 after buying an additional 208 shares in the last quarter. Hedge funds and other institutional investors own 91.30% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have weighed in on CMG. Royal Bank Of Canada lowered their price target on Chipotle Mexican Grill from $58.00 to $40.00 and set an “outperform” rating for the company in a report on Thursday, October 30th. The Goldman Sachs Group reiterated a “buy” rating on shares of Chipotle Mexican Grill in a research note on Thursday, December 18th. BTIG Research dropped their target price on shares of Chipotle Mexican Grill from $57.00 to $45.00 and set a “buy” rating on the stock in a research report on Thursday, October 30th. TD Cowen decreased their price target on shares of Chipotle Mexican Grill from $45.00 to $40.00 and set a “buy” rating for the company in a report on Thursday, October 30th. Finally, Wells Fargo & Company lowered their price objective on shares of Chipotle Mexican Grill from $55.00 to $45.00 and set an “overweight” rating for the company in a research note on Thursday, October 30th. Two analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and twelve have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $49.93.

More Chipotle Mexican Grill News

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 Price Performance

Shares of Chipotle Mexican Grill stock opened at $39.16 on Friday. The stock has a market cap of $51.78 billion, a PE ratio of 34.66, a price-to-earnings-growth ratio of 3.79 and a beta of 0.97. The firm has a fifty day moving average price of $34.40 and a 200 day moving average price of $41.15. Chipotle Mexican Grill, Inc. has a 1 year low of $29.75 and a 1 year high of $59.57.

Chipotle Mexican Grill (NYSE:CMG) last announced its quarterly earnings results on Wednesday, October 29th. The restaurant operator reported $0.29 earnings per share for the quarter, hitting the consensus estimate of $0.29. The company had revenue of $3 billion for the quarter, compared to the consensus estimate of $3.06 billion. Chipotle Mexican Grill had a return on equity of 45.39% and a net margin of 13.04%.The firm’s revenue for the quarter was up 7.5% compared to the same quarter last year. During the same period last year, the firm earned $0.27 EPS. As a group, equities analysts expect that Chipotle Mexican Grill, Inc. will post 1.29 EPS 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.