Duncker Streett & Co. Inc. lowered its stake in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG – Free Report) by 77.6% in the third quarter, Holdings Channel reports. The firm owned 10,625 shares of the restaurant operator’s stock after selling 36,905 shares during the period. Duncker Streett & Co. Inc.’s holdings in Chipotle Mexican Grill were worth $416,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors also recently modified their holdings of the company. Operose Advisors LLC acquired a new stake in shares of Chipotle Mexican Grill in the second quarter worth $25,000. Salomon & Ludwin LLC bought a new position in Chipotle Mexican Grill in the 3rd quarter worth $26,000. 1248 Management LLC acquired a new position in Chipotle Mexican Grill during the 1st quarter worth $27,000. Signature Resources Capital Management LLC bought a new stake in Chipotle Mexican Grill during the second quarter valued at about $28,000. Finally, Lavaca Capital LLC bought a new stake in Chipotle Mexican Grill during the second quarter valued at about $28,000. Institutional investors own 91.30% of the company’s stock.
Chipotle Mexican Grill Trading Up 0.8%
Shares of NYSE:CMG opened at $39.16 on Friday. The firm has a market capitalization of $51.78 billion, a PE ratio of 34.66, a PEG ratio of 3.79 and a beta of 0.97. Chipotle Mexican Grill, Inc. has a 1-year low of $29.75 and a 1-year high of $59.57. The business’s 50 day moving average is $34.40 and its 200-day moving average is $41.15.
Wall Street Analysts Forecast Growth
A number of research firms have recently commented on CMG. 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 research note on Thursday, October 30th. Jefferies Financial Group lowered their target price on Chipotle Mexican Grill from $48.00 to $44.00 and set a “hold” rating on the stock in a report on Monday, October 13th. Sanford C. Bernstein upped their price target on Chipotle Mexican Grill from $40.00 to $50.00 and gave the stock an “outperform” rating in a report on Monday. BMO Capital Markets reissued an “outperform” rating on shares of Chipotle Mexican Grill in a research report on Thursday, October 30th. Finally, Zacks Research upgraded shares of Chipotle Mexican Grill from a “strong sell” rating to a “hold” rating in a research note on Monday, December 29th. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and twelve have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Chipotle Mexican Grill has an average rating of “Moderate Buy” and an average target price of $49.93.
Read Our Latest Stock Report on CMG
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 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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