First Citizens Bank & Trust Co. lifted its stake in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG – Free Report) by 435.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 64,144 shares of the restaurant operator’s stock after acquiring an additional 52,163 shares during the quarter. First Citizens Bank & Trust Co.’s holdings in Chipotle Mexican Grill were worth $2,514,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds have also modified their holdings of the stock. Operose Advisors LLC acquired a new position in Chipotle Mexican Grill during the 2nd quarter worth $25,000. Salomon & Ludwin LLC purchased a new position in shares of Chipotle Mexican Grill in the 3rd quarter valued at about $26,000. Lavaca Capital LLC acquired a new position in shares of Chipotle Mexican Grill during the second quarter worth about $28,000. Activest Wealth Management increased its stake in shares of Chipotle Mexican Grill by 109.3% during the second quarter. Activest Wealth Management now owns 517 shares of the restaurant operator’s stock worth $29,000 after buying an additional 270 shares during the period. Finally, Steigerwald Gordon & Koch Inc. acquired a new stake in Chipotle Mexican Grill in the third quarter valued at approximately $29,000. 91.30% of the stock is currently owned by institutional investors and hedge funds.
Chipotle Mexican Grill News Summary
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)
Wall Street Analysts Forecast Growth
Check Out Our Latest Analysis on Chipotle Mexican Grill
Chipotle Mexican Grill Price Performance
NYSE CMG opened at $40.87 on Monday. The company has a fifty day moving average of $36.38 and a two-hundred day moving average of $39.73. The company has a market capitalization of $54.03 billion, a PE ratio of 36.16, a P/E/G ratio of 3.85 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 – Get Free Report) last posted its earnings results on Wednesday, October 29th. The restaurant operator reported $0.29 earnings per share for the quarter, meeting the consensus estimate of $0.29. The business 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 business’s quarterly revenue was up 7.5% on a year-over-year basis. During the same period in the previous year, the business earned $0.27 EPS. On average, research analysts expect 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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