Cullen Frost Bankers Inc. Reduces Stock Position in Chipotle Mexican Grill, Inc. $CMG

Cullen Frost Bankers Inc. decreased its stake in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) by 6.3% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 527,851 shares of the restaurant operator’s stock after selling 35,474 shares during the quarter. Cullen Frost Bankers Inc.’s holdings in Chipotle Mexican Grill were worth $20,686,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in CMG. Operose Advisors LLC purchased a new position in shares of Chipotle Mexican Grill during the 2nd quarter worth $25,000. Salomon & Ludwin LLC acquired a new stake in Chipotle Mexican Grill during the third quarter worth about $26,000. Signature Resources Capital Management LLC purchased a new position in Chipotle Mexican Grill during the second quarter worth about $28,000. Lavaca Capital LLC acquired a new position in Chipotle Mexican Grill in the 2nd quarter valued at about $28,000. Finally, Activest Wealth Management boosted its holdings in Chipotle Mexican Grill by 109.3% in the 2nd quarter. Activest Wealth Management now owns 517 shares of the restaurant operator’s stock valued at $29,000 after purchasing an additional 270 shares during the last quarter. 91.30% of the stock is currently owned by hedge funds and other institutional investors.

Chipotle Mexican Grill Stock Performance

Shares of CMG stock opened at $40.87 on Friday. The stock has a market capitalization of $54.03 billion, a P/E ratio of 36.16, a price-to-earnings-growth ratio of 3.88 and a beta of 0.97. Chipotle Mexican Grill, Inc. has a fifty-two week low of $29.75 and a fifty-two week high of $59.57. The company has a 50 day moving average price of $36.38 and a 200 day moving average price of $39.85.

Chipotle Mexican Grill (NYSE:CMG) last posted its quarterly earnings results on Wednesday, October 29th. The restaurant operator reported $0.29 EPS for the quarter, hitting the consensus estimate of $0.29. Chipotle Mexican Grill had a net margin of 13.04% and a return on equity of 45.39%. The business had revenue of $3 billion during the quarter, compared to the consensus estimate of $3.06 billion. During the same quarter in the previous year, the firm posted $0.27 earnings per share. The company’s quarterly revenue was up 7.5% compared to the same quarter last year. On average, research analysts forecast that Chipotle Mexican Grill, Inc. will post 1.29 EPS for the current fiscal year.

Key Headlines Impacting Chipotle Mexican Grill

Here are the key news stories impacting Chipotle Mexican Grill this week:

• Positive Sentiment: Piper Sandler raised its price target to $47 and maintains an “overweight” rating, signaling near-term upside from current levels. Piper Sandler price target raise via Benzinga
• Positive Sentiment: Wells Fargo lifted its price target to $50 with an “overweight” call, the most bullish target cited and a potential catalyst for additional buying. Wells Fargo price target raise via Benzinga
• Positive Sentiment: Raymond James published a forecast pointing to strong price appreciation for CMG, reinforcing the analyst-side optimism on growth and margin durability. Raymond James forecast (American Banking News)
• Positive Sentiment: Industry pieces (Zacks, Yahoo) highlight Chipotle’s digital sales, menu innovation and expansion as drivers renewing investor confidence—supporting a bullish narrative on execution and long-term growth. 3 Restaurant Stocks Showing Growth Potential (Zacks)
• Positive Sentiment: Long-term performance stories (e.g., Benzinga piece on a 15-year $100 investment) reinforce investor sentiment that Chipotle has been a durable growth compounder. If You Invested $100 In Chipotle 15 Years Ago (Benzinga)
• Neutral Sentiment: Zacks flagged CMG as a trending stock with a roundup of facts investors should know—useful context but not an immediate price catalyst. Trending Stock: Facts to Know (Zacks)
• Neutral Sentiment: Chipotle filed to form a PAC, signaling a change in political engagement; this may affect governance perceptions but has unclear near-term financial impact. Chipotle forms PAC (Business Insider)
• Neutral Sentiment: Leadership moves — a search for a new CMO and related reshuffling — raise execution-watch flags for expansion and marketing strategy, but outcomes are uncertain. Leadership shuffle and CMO search (Yahoo Finance)
• Negative Sentiment: BWG Global downgraded CMG, introducing a concrete bearish analyst catalyst that could pressure shares if other firms follow suit or if downgrade cites execution or margin risks. BWG Global downgrades Chipotle (MSN)

Analysts Set New Price Targets

Several analysts have recently commented on the stock. BTIG Research reduced their price target 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. Telsey Advisory Group initiated coverage on Chipotle Mexican Grill in a research report on Friday, January 9th. They issued an “outperform” rating and a $50.00 target price on the stock. Evercore ISI reaffirmed an “outperform” rating and issued a $45.00 price target on shares of Chipotle Mexican Grill in a research note on Friday, December 19th. KeyCorp lowered their price target on Chipotle Mexican Grill from $52.00 to $45.00 and set an “overweight” rating for the company in a report on Thursday, October 30th. Finally, The Goldman Sachs Group restated a “buy” rating on shares of Chipotle Mexican Grill in a report on Thursday, December 18th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and thirteen have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $50.23.

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.