Chipotle Mexican Grill, Inc. $CMG Shares Sold by Cullen Frost Bankers Inc.

Cullen Frost Bankers Inc. decreased its holdings in Chipotle Mexican Grill, Inc. (NYSE:CMG) by 6.3% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). 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 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Operose Advisors LLC acquired a new stake in Chipotle Mexican Grill in the second quarter worth about $25,000. Signature Resources Capital Management LLC purchased a new position in shares of Chipotle Mexican Grill in the 2nd quarter valued at approximately $28,000. Lavaca Capital LLC acquired a new stake in Chipotle Mexican Grill in the 2nd quarter worth approximately $28,000. Activest Wealth Management grew its position in Chipotle Mexican Grill by 109.3% during the 2nd quarter. Activest Wealth Management now owns 517 shares of the restaurant operator’s stock worth $29,000 after purchasing an additional 270 shares during the last quarter. Finally, Twin Peaks Wealth Advisors LLC acquired a new position in Chipotle Mexican Grill during the 2nd quarter valued at approximately $34,000. 91.30% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the stock. Evercore ISI reissued an “outperform” rating and set a $45.00 price objective on shares of Chipotle Mexican Grill in a report on Friday, December 19th. BTIG Research dropped their price target on Chipotle Mexican Grill from $57.00 to $45.00 and set a “buy” rating on the stock in a research note on Thursday, October 30th. Robert W. Baird reduced their price objective on Chipotle Mexican Grill from $59.00 to $49.00 and set an “outperform” rating for the company in a research note on Friday, October 10th. Mizuho boosted their target price on shares of Chipotle Mexican Grill from $36.00 to $38.00 and gave the company a “neutral” rating in a research report on Friday, January 9th. Finally, Barclays boosted their target price on shares of Chipotle Mexican Grill from $38.00 to $44.00 and gave the company an “equal weight” rating in a research note on Wednesday, January 7th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and thirteen have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $50.23.

Chipotle Mexican Grill Price Performance

NYSE CMG opened at $40.87 on Friday. The stock’s 50 day simple moving average is $36.38 and its 200-day simple moving average is $39.85. The company has a market cap of $54.03 billion, a PE 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 1-year low of $29.75 and a 1-year high of $59.57.

Chipotle Mexican Grill (NYSE:CMG) last posted its quarterly earnings data on Wednesday, October 29th. The restaurant operator reported $0.29 EPS for the quarter, meeting the consensus estimate of $0.29. The firm had revenue of $3 billion during 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 was up 7.5% compared to the same quarter last year. During the same period in the prior year, the company earned $0.27 EPS. On average, equities research analysts anticipate 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)

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.