Benjamin Edwards Inc. grew its position in Chipotle Mexican Grill, Inc. (NYSE:CMG – Free Report) by 43.6% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 78,194 shares of the restaurant operator’s stock after purchasing an additional 23,728 shares during the period. Benjamin Edwards Inc.’s holdings in Chipotle Mexican Grill were worth $3,064,000 at the end of the most recent reporting period.
Several other institutional investors have also modified their holdings of CMG. Vanguard Group Inc. raised its holdings in shares of Chipotle Mexican Grill by 0.8% in the second quarter. Vanguard Group Inc. now owns 123,457,125 shares of the restaurant operator’s stock valued at $6,932,118,000 after purchasing an additional 993,798 shares during the last quarter. Alliancebernstein L.P. grew its position in Chipotle Mexican Grill by 1.9% in the second quarter. Alliancebernstein L.P. now owns 33,111,508 shares of the restaurant operator’s stock valued at $1,859,211,000 after purchasing an additional 606,190 shares in the last quarter. Geode Capital Management LLC grew its position in Chipotle Mexican Grill by 1.1% in the second quarter. Geode Capital Management LLC now owns 29,659,508 shares of the restaurant operator’s stock valued at $1,657,193,000 after purchasing an additional 325,926 shares in the last quarter. American Century Companies Inc. increased its stake in Chipotle Mexican Grill by 2.9% in the 2nd quarter. American Century Companies Inc. now owns 21,257,666 shares of the restaurant operator’s stock valued at $1,193,618,000 after buying an additional 595,038 shares during the last quarter. Finally, Norges Bank bought a new stake in Chipotle Mexican Grill during the 2nd quarter worth about $1,001,668,000. Institutional investors own 91.30% of the company’s stock.
Analyst Ratings Changes
Several analysts recently issued reports on CMG shares. TD Cowen dropped their target price on Chipotle Mexican Grill from $45.00 to $40.00 and set a “buy” rating on the stock in a report on Thursday, October 30th. Truist Financial raised their target price on shares of Chipotle Mexican Grill from $45.00 to $50.00 and gave the company a “buy” rating in a research note on Thursday. KeyCorp dropped their price target on shares of Chipotle Mexican Grill from $52.00 to $45.00 and set an “overweight” rating on the stock in a research report on Thursday, October 30th. Sanford C. Bernstein lifted their price objective on shares of Chipotle Mexican Grill from $40.00 to $50.00 and gave the company an “outperform” rating in a research report on Monday, January 5th. Finally, Stephens dropped their target price on shares of Chipotle Mexican Grill from $48.00 to $35.00 and set an “equal weight” rating on the stock in a report on Thursday, October 30th. Two research analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and thirteen have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $50.00.
Chipotle Mexican Grill News Roundup
Here are the key news stories impacting Chipotle Mexican Grill this week:
- Positive Sentiment: Telsey Advisory Group initiated coverage with an Outperform rating and a $50 price target — a fresh analyst endorsement that signals confidence in Chipotle’s growth story and likely helped buying interest. Telsey Initiation
- Positive Sentiment: Truist raised its price target to $50 and kept a Buy view, another firm pushing upside expectations that supports the rally. Truist PT Raise
- Positive Sentiment: Analysts are highlighting Chipotle’s strong earnings‑surprise history and the company’s setup to beat again, which bolsters confidence ahead of future reports. Zacks Earnings Beat Thesis
- Positive Sentiment: Product strategy: Chipotle’s push of higher‑protein menu options aimed at GLP‑1 users is being viewed by analysts as a demand catalyst and potential market share win among health‑focused consumers. Benzinga High‑Protein Push
- Positive Sentiment: Barclays and other brokers are publicly forecasting upside, adding to the positive analyst tone supporting the stock. Barclays Note
- Neutral Sentiment: Bernstein reiterated an Outperform rating but cut its price target to $40 — a mixed signal that keeps medium‑term conviction but reduces near‑term upside. Bernstein Note
- Neutral Sentiment: Mizuho nudged its target to $38 with a Neutral rating, reflecting more cautious positioning by some sell‑side desks amid recent gains. Mizuho Note
- Negative Sentiment: Valuation and momentum concerns: several pieces question whether the recent rebound has stretched pricing relative to fundamentals (P/E near decade lows versus past but still elevated vs. peers) — this commentary can cap upside and prompt profit‑taking. Yahoo: Pricing Stretched?
- Negative Sentiment: Macro/consumer risk: opinion pieces label Chipotle as a possible “value trap” if same‑store sales weakness persists; new federal nutrition guidelines also introduce uncertainty about dining‑out behavior. Fool: Value Trap Analysis CNBC: Nutrition Guidelines
Chipotle Mexican Grill Stock Performance
Shares of NYSE CMG opened at $40.10 on Friday. The stock has a market capitalization of $53.02 billion, a P/E ratio of 35.49, a PEG ratio of 3.75 and a beta of 0.97. The stock’s fifty day moving average is $34.57 and its 200 day moving average is $40.96. Chipotle Mexican Grill, Inc. has a 52 week low of $29.75 and a 52 week high of $59.57.
Chipotle Mexican Grill (NYSE:CMG – Get Free Report) last posted its quarterly earnings results on Wednesday, October 29th. The restaurant operator reported $0.29 EPS for the quarter, hitting 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 company had revenue of $3 billion during the quarter, compared to analysts’ expectations of $3.06 billion. During the same quarter in the previous year, the firm earned $0.27 EPS. Chipotle Mexican Grill’s revenue was up 7.5% on a year-over-year basis. Equities research analysts forecast that Chipotle Mexican Grill, Inc. will post 1.29 earnings per share 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.
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